Mtnt Foundation Inc
- Assets
- $2.1k
- Revenue
- $18.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 02/2006
- Data as of
- 09/2023
- EIN
- 92-0173151
Organization Overview
Mtnt Foundation Inc is located in Anchorage, AK. The organization was established in 2006. 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. Mtnt Foundation Inc 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 09/2023, Mtnt Foundation Inc generated $18.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $17.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mtnt Foundation Inc has awarded 147 individual grants totaling $242,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Christiansen CEO | 1 | $0 | |
Gina Dementoff-Mckindy Chair/president | 1 | $0 | |
Theresa Fox Vice President | 1 | $0 | |
Melody Magnuson-Strick Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,610 |
| 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 | $0 |
| Total Revenue | $18,610 |
| 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 | $1,610 |
| Contributions, gifts, grants paid | $15,500 |
| Total expenses and disbursements | $17,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,122 |
| 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 | $2,122 |
| 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, Mtnt Foundation Inc has awarded $15,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
THEODORE CRUISE PURPOSE: EDUCATION: TUITION PAYMENT TO BISMARCK STATE COLLEGE | $1,000 |
JAISEE SWAN PURPOSE: EDUCATION: TUITION PAYMENT TO NORTHWEST INDIAN COLLEGE | $500 |
EMMA TWITCHELL PURPOSE: EDUCATION: TUITION PAYMENT TO UNIVERSITY OF ALASKA SOUTHEAST | $500 |
AMANDA BALMES PURPOSE: EDUCATION: TUITION PAYMENT TO UNIVERSITY OF ALASKA - ANCHORAGE | $1,500 |
KRISTINE PENNEY PURPOSE: EDUCATION: TUITION PAYMENT TO UNIVERSITY OF SOUTHERN MAINE | $3,000 |
KRISTINE HOWARD PURPOSE: EDUCATION: TUITION PAYMENT TO ALASKA PACIFIC UNIVERSITY | $1,000 |