Sitnasuak Foundation
- Assets
- $0.0
- Revenue
- $213.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nome, AK
- Founding
- 05/1996
- Data as of
- 12/2022
- EIN
- 92-0148088
Organization Overview
Sitnasuak Foundation is located in Nome, AK. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Sitnasuak 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 12/2022, Sitnasuak Foundation generated $213.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (59.0%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sitnasuak Foundation has awarded 267 individual grants totaling $277,558. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED 33 RECIPIENTS WITH SCHOLARSHIPS, GRANTS, STUDENT AID, STIPENDS AND OTHER MEANS OF SUPPORT IN CONNECTION WITH EDUCATIONAL TRAINING AT SECONDARY SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edna R Baker Director | 0.2 | $0 | |
Louis Green Jr Director | 0.2 | $0 | |
Heather Payenna Director | 0.2 | $0 | |
Stephen Peters Director | 0.2 | $0 | |
Lieudell Goldsberry Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $213 |
| Total Revenue | $213 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,200 |
| Contributions, gifts, grants paid | $3,749 |
| Total expenses and disbursements | $7,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sitnasuak Foundation has awarded $7,725 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ALAZAE WAGHIYI PURPOSE: SCHOLARSHIP - UNIVERSITY OF ALASKA FAIRBANKS | $250 |
AIDAN OSBORNE PURPOSE: SCHOLARSHIP - UNIVERSITY OF ALASKA SOUTHEAST | $250 |
ANASTASIA PLEASANT PURPOSE: SCHOLARSHIP - UNIVERSITY OF ALASKA SOUTHEAST | $250 |
ASHLEY NICHOLIA PURPOSE: SCHOLARSHIP - UNIVERSITY OF ALASKA FAIRBANKS | $250 |
AUGUSTINE HAMNER PURPOSE: SCHOLARSHIP - UNIVERSITY OF ALASKA ANCHORAGE | $250 |
BRANDI WHEELEHAN PURPOSE: SCHOLARSHIP - UNIVERSITY OF ALASKA ANCHORAGE | $250 |