Kenai Peninsula Education Association
- Assets
- $672.1k
- Revenue
- $541.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Soldotna, AK
- Founding
- 10/1997
- Data as of
- 08/2021
- EIN
- 91-1767481
Organization Overview
Kenai Peninsula Education Association is located in Soldotna, AK. The organization was established in 1997. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Kenai Peninsula Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2021, Kenai Peninsula Education Association generated $541.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $523.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 6 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
TO PROMOTE THE EDUCATIONAL WELL-BEING OF SCHOOL CHILDREN, PROTECT AND PROMOTE THE WELFARE AND ECONOMIC VIABILITY OF THE TEACHERS IN THEIR DISTRICT, AND PROVIDE A UNIFIED VOICE WITH WHICH TEACHERS MAY EXPRESS THEIR OPINIONS BEFORE THE BOARD OF EDUCATION AND OTHER LEGAL AUTHORITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE EDUCATIONAL WELL-BEING OF SCHOOL CHILDREN, AND PROMOTING THE WELFARE AND ECONOMIC VIABILITY OF THE TEACHERS IN THE DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brighton President | OfficerTrustee | 20 | $21,466 |
Samantha Pugia Secretary | OfficerTrustee | 1 | $0 |
Ranada Hassamer Treasurer | OfficerTrustee | 1 | $0 |
Daniel Bowen Vice President | OfficerTrustee | 1 | $0 |
Jeremy Mckibben Director | Trustee | 1 | $0 |
Jesse Bjorkman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $526,022 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,402 |
| Total Program Service Revenue | $0 |
| Investment income | $449 |
| 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 | $541,851 |
| 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. | $75,246 |
| Compensation of current officers, directors, key employees. | $75,246 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $21,832 |
| Other employee benefits | $31,798 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,883 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,903 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,004 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,024 |
| Total functional expenses | $523,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $672,130 |
| 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 | $672,130 |
| Accounts payable and accrued expenses | $1,312 |
| 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 | -$754 |
| Total liabilities | $558 |
| Net assets without donor restrictions | $671,572 |
| Net assets with donor restrictions | $0 |
| 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 | $672,130 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kenai Peninsula Education Association has recieved totaling $16,498.
| Awarding Organization | Amount |
|---|---|
Nea Alaska Inc Juneau, AK PURPOSE: OPERATIONS | $16,498 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Education Association Federal Way, WA | $59,466,784 | $48,703,845 |
Villagereach Seattle, WA | $15,448,958 | $26,159,382 |
The Institute For Functional Medicine Federal Way, WA | $14,741,299 | $15,787,769 |
Anchorage Education Association Anchorage, AK | $3,817,216 | $3,629,893 |
Seattle Education Association Seattle, WA | $6,257,277 | $3,223,958 |
Washington Education Association At Riverside Vancouver, WA | $2,338,704 | $1,432,560 |
Matanuska Susitna Education Assoc Palmer, AK | $832,357 | $1,455,567 |
Spokane Education Association Inc Spokane, WA | $1,140,400 | $1,403,418 |
Lake Washington Education Association Redmond, WA | $1,118,238 | $1,373,402 |
Tacoma Education Association Tacoma, WA | $1,649,428 | $1,351,687 |
Alaska Safety Alliance Anchorage, AK | $352,979 | $1,020,549 |
American Federation Of Teachers Fairbanks, AK | $1,940,036 | $746,541 |