Ftf Foundation Inc
- Assets
- $44.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Douglas, AK
- Founding
- 11/2008
- Data as of
- 12/2021
- EIN
- 32-0173944
Organization Overview
Ftf Foundation Inc is located in Douglas, AK. The organization was established in 2008. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ftf 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 12/2021, Ftf Foundation Inc generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $36.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FIRST THING FIRST ALASKA FOUNDATION EDUCATES THE PUBLIC ON THE BENEFITS OF RESPONSIBLE ECONOMIC DEVELOPMENT AND NATURAL RESOURCE MANAGEMENT FOCUSING ON JUNEAU ACCESS, MINING, THE ROADLESS RULE, SOLID WASTE MANAGEMENT, TOURISM, AND BALANCED BUDGETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS ONGOING EFFORTS TO EDUCATE THE PUBLIC BY MONITORING AND RESEARCHING NATURAL RESOURCE MANAGEMENT ISSUES, BY HIGHLIGHTING REASONABLE USE, ACCESS, ECONOMIC OPPORTUNITIES, AND DEVELOPMENT; ALL OF WHICH CAN BE DONE WHILE PROTECTING THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Habeger Executive Di | Officer | 5 | $12,000 |
Joseph Kahklen President | OfficerTrustee | 1 | $0 |
Corey Baxter Vice Preside | OfficerTrustee | 1 | $0 |
Frank Bergstrom Treasurer | OfficerTrustee | 1 | $0 |
Scott Spickler Secretary | OfficerTrustee | 1 | $0 |
Scott Bergmann Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,086 |
| Other Revenue | $0 |
| Total Revenue | $49,486 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $8,261 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,170 |
| Total expenses | $36,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,194 |
| Other assets | $0 |
| Total assets | $44,194 |
| Total liabilities | $1,809 |
| Net assets or fund balances | $42,385 |