Koniag Educational Foundation
- Assets
- $9.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 02/1994
- Data as of
- 03/2022
- EIN
- 92-0145017
Organization Overview
Koniag Educational Foundation is located in Anchorage, AK. The organization was established in 1994. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Koniag Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Koniag Educational Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $867.1k during the year ending 03/2022. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Kreger Executive Di | 0 | $80,715 | |
Germaine Salmine Executive Di | 0 | $37,730 | |
Peter Boskofsky Secretary/tr | 0 | $0 | |
Gordon Matt Olsen Director | 0 | $0 | |
Thomas Swensen Director | 0 | $0 | |
Elaine Kromm-Enge Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,068,193 |
| Interest on Savings | $33 |
| Dividends & Interest | $153,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,043,151 |
| Capital Gain Net Income | $1,043,151 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,367 |
| Total Revenue | $2,302,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $118,445 |
| Other employee salaries and wages | $47,286 |
| Pension plans, employee benefits | $45,629 |
| Interest | $0 |
| Taxes | $15,974 |
| Depreciation | $547 |
| Occupancy | $20,746 |
| Travel, conferences, and meetings | $792 |
| Printing and publications | $564 |
| Other expenses | $62,673 |
| Total operating and administrative expenses | $387,829 |
| Contributions, gifts, grants paid | $479,263 |
| Total expenses and disbursements | $867,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,365 |
| Savings and temporary cash investments | $5,234 |
| Net Accounts receivable | $3,442 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,175 |
| Other assets | $9,697,421 |
| Total assets | $9,765,637 |
| Accounts payable and accrued expenses | $9,100 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $19,382 |
| Total liabilities | $28,482 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Alaska Foundation Anchorage, AK | $433,420,168 | $30,048,910 |
Choice Regional Health Network Olympia, WA | $24,377,222 | $13,582,793 |
Seattle Public Library Foundation Seattle, WA | $96,431,810 | $10,213,683 |
Clark Community College District 14 Foundation Vancouver, WA | $121,917,031 | $11,491,033 |
Central Washington University Foundation Ellensburg, WA | $48,919,247 | $7,605,095 |
Green River College Foundation Auburn, WA | $36,981,286 | $4,351,003 |
Regent College Foundation Seattle, WA | $182,703 | $2,359,102 |
Skagit Valley College Foundation C-12 Campus Center Building Mount Vernon, WA | $21,510,181 | $4,966,852 |
Bellevue College Foundation Bellevue, WA | $20,830,969 | $3,738,289 |
Gonzaga Law School Foundation Spokane, WA | $33,516,870 | $3,721,030 |
University Club -Of Seattle- Seattle, WA | $5,781,343 | $2,415,827 |
Central Washington School Employees Benefit Trust Yakima, WA | $0 | $1,235,104 |