Koniag Educational Foundation
- Assets
- $11.9m
- Revenue
- $2.0m
- Investments
- $11.8m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 02/1994
- Data as of
- 03/2024
- 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 03/2024, Koniag Educational Foundation generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.2m during the year ending 03/2024. While expenses have increased by 6.4% per year over the past 9 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 |
|---|---|---|---|
Jon Panamaroff President | 2 | $0 | |
Elaine Lederer Vice Preside | 2 | $0 | |
Gordon Matt Olsen Secretary/tr | 2 | $0 | |
Peter Boskofsky Director | 2 | $0 | |
Tony Cange Director | 2 | $0 | |
Alberta Jones Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,840,570 |
| Interest on Savings | $661 |
| Dividends & Interest | $241,909 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,051 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $639 |
| Total Revenue | $2,041,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $112,018 |
| Other employee salaries and wages | $53,888 |
| Pension plans, employee benefits | $34,400 |
| Interest | $0 |
| Taxes | $9,345 |
| Depreciation | $383 |
| Occupancy | $58,384 |
| Travel, conferences, and meetings | $7,043 |
| Printing and publications | $1,979 |
| Other expenses | $56,035 |
| Total operating and administrative expenses | $400,116 |
| Contributions, gifts, grants paid | $750,338 |
| Total expenses and disbursements | $1,150,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,207 |
| Savings and temporary cash investments | $3,280 |
| Net Accounts receivable | $0 |
| 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 | $1,809 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,847,596 |
| Net Land, buildings, and equipment | $354 |
| Other assets | $3,704 |
| Total assets | $11,940,950 |
| Accounts payable and accrued expenses | $7,625 |
| 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 | $6,649 |
| Total liabilities | $14,274 |