North Star Community Foundation is located in Fairbanks, AK. The organization was established in 2008. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Star Community 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 12/2023, North Star Community Foundation generated $408.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $220.3k during the year ending 12/2023. While expenses have increased by 21.0% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NSCF PROMOTES PHILANTHROPY AND ORGANIZATIONAL CAPACITY IN THE INTERIOR OF ALASKA AS A COMMUNITY FOUNDATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHENA TOOL LIBRARY IS A CONCEPT ADOPTED FROM OTHER COMMUNITIES, A COMMUNITY REPOSITORY OF TOOLS PRIMARILY FOR DO-IT-YOURSELFERS TO BE ABLE TO FINISH PERSONAL PROJECTS, RENOVATIONS OR GENERAL MAINTENANCE. THERE IS AN ANNUAL TOOL SWAP IN THE SPRING THAT DRAWS IN A THOUSAND PEOPLE LOOKING TO DIVEST OF OR ACQUIRE TOOLS AND SMALL MACHINERY. THEY TABLE AT HOME SHOWS AND PARTNER WITH HOME DEPOT AND LOWES FOR CLASSES ON HOW TO GET PROJECTS COMPLETED. MEMBERSHIP IS REQUIRED TO RENT TOOLS, AND THE MEMBER LIST IS GROWING.
SANTA'S HELPERS IS A DEDICATE GROUP OF VOLUNTEERS WHO RAMP UP ACTIVITY THE DAY AFTER THANKSGIVING, CONDUCTING TOY DONATION DRIVES AND ASKING FOR CASH DONATIONS FOR PURCHASING HOLIDAY FOOD BOXES FOR OVER 350 FAMILIES IN NEED. THEY COLLECT REFERRALS, CROSS-REFERENCING WITH TWO OTHER MAJOR ASSISTANCE OPERATIONS, THEN DISTRIBUTE TOYS AND FOOD TO THE APPROVED FAMILIES VIA A VOLUNTEER CALL TO THE COMMUNITY. OVER 100 VOLUNTEERS ARRIVE TO COLLECT, THEN DISTRIBUTE FAMILY PACKAGES. THEY HAVE GARNERED LOCAL PRESS AND SOCIAL MEDIA COVERAGE THAT MAKE THE MONTH-LONG EFFORT QUITE THE SUCCESS.
FRIENDS OF FOX SPRING HAS A UNIQUE PRIVATE-PUBLIC PARTNERSHIP WITH THE STATE OF ALASKA DEPARTMENT OF TRANSPORTATION. THE DOT KEEPS THE WATER RESOURCE ON THEIR BOOKS, WHICH ALLOWS RESIDENTS FREE ACCESS TO WATER YEAR ROUND. IN EXCHANGE, THE FRIENDS GROUP RAISES THE MONEY TO REPAIR AND MAINTAIN THE WATER RESOURCE FOR PUBLIC ACCESS. OTHERWISE, DOT WOULD SELL THE ASSET, WHICH WOULD JEOPARDIZE HAVING WATER AVAILABLE FROM A SPRING THAT HAS SUPPLIED THE PUBLIC FOR OVER 100 YEARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Riyan Lash Director | Trustee | 1 | $0 |
Andrew J Aquino President | OfficerTrustee | 3 | $0 |
Rachel Lebby Director | Trustee | 1 | $0 |
Indra Tobias Director | Trustee | 1 | $0 |
Kristina Miller Director | Trustee | 1 | $0 |
Owen Guthrie Director | Trustee | 1 | $0 |
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 | $408,692 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $408,692 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $408,692 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
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 | $16,229 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $998 |
Office expenses | $4,018 |
Information technology | $11,490 |
Royalties | $0 |
Occupancy | $17,994 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $157,435 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,823 |
All other expenses | $4,307 |
Total functional expenses | $220,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $480,663 |
Savings and temporary cash investments | $0 |
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 | $480,663 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $280,663 |
Net assets with donor restrictions | $200,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $480,663 |