Alaska Salmon Initiative
- Assets
- $42.1k
- Revenue
- $87.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Juneau, AK
- Founding
- 05/2014
- Data as of
- 12/2018
- EIN
- 46-0763486
Organization Overview
Alaska Salmon Initiative, operating under the name The Salmon Project, is located in Juneau, AK. The organization was established in 2014. According to its NTEE Classification (D99) the organization is classified as: Animal-Related N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salmon Project 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 12/2018, Salmon Project generated $87.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.1%) each year. All expenses for the organization totaled $90.8k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (43.4%) per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE SALMON PROJECT SHINES A SPOTLIGHT ON THE ROLE SALMON HAS IN ALL ALASKANS LIVES, REINFORCING OUR CULTURE AND IDENTITIES, AND SHOWING HOW OUR INDIVIDUAL CHOICES AFFECT THIS INCREDIBLE RESOURCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINDING WAYS TO REVEAL AND DISCOVER THE ROLE OF SALMON IN OUR LIVES AND LANDSCAPES. AMPLIFYING THE STORIES OF ALASKANS AS SALMON-CONNECTED PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Wallace President | OfficerTrustee | 4 | $0 |
John Sisk Vice President | OfficerTrustee | 4 | $0 |
Robert Waldrop Treasurer | OfficerTrustee | 4 | $0 |
Scott Miller Secretary | OfficerTrustee | 4 | $0 |
Mary Mcdowell Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spawn Ideas Consulting | 12/30/14 | $276,052 |
The Foraker Group Accounting | 12/30/14 | $142,769 |
Thompson & Co Consulting | 12/30/14 | $128,455 |
Thinkshout Inc Consulting | 12/30/14 | $124,065 |
Erin Harrington Consulting | 12/30/14 | $111,500 |
Spawn Ideas Consulting | 12/30/14 | $276,052 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,906 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,906 |
| Total Program Service Revenue | $0 |
| Investment income | $49 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $562 |
| Fees for services: Accounting | $6,380 |
| Fees for services: Lobbying | $2,357 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300 |
| Advertising and promotion | $42,069 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $223 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $90,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,621 |
| Savings and temporary cash investments | $16,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,144 |
| Accounts payable and accrued expenses | $1,374 |
| Grants payable | $0 |
| Deferred revenue | $33,466 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $34,840 |
| Unrestricted restricted net Assets | $7,304 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $7,304 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alaska Salmon Initiative has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pet Partners Bellevue, WA | $20,888,752 | $3,616,717 |
Bethel Friends Of Canines Bethel, AK | $474,914 | $254,517 |
Thunder Mountain Farms Equine Rescue Enumclaw, WA | $73,993 | $0 |
Caring Hearts 4 Paws Olympia, WA | $14,131 | $98,310 |
Alaska Salmon Initiative Juneau, AK | $42,144 | $86,955 |
Rebeccas Rainbow Kirkland, WA | $0 | $0 |
Animal Aid & Rescue Foundation Seahurstt, WA | $50,942 | $0 |
Hare Bnb Rescue Spa And Boutique Lacey, WA | $5,356 | $51,263 |
Harbor Rescue Cosmopolis, WA | $3,841 | $0 |
Pacific Northwest Chapter Of North American Versatile Hunting Dog Ass Onalaska, WA | $26,914 | $0 |
Ark Animals Ministries Ketchikan, AK | $4,702 | $0 |
Endangered Canid Project Seattle, WA | $51,686 | $0 |