Bering Straits Foundation
- Assets
- $58.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nome, AK
- Founding
- 08/1996
- Data as of
- 12/2021
- EIN
- 92-0138528
Organization Overview
Bering Straits Foundation is located in Nome, AK. The organization was established in 1996. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bering Straits 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 12/2021, Bering Straits Foundation generated $20.3k 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 (34.4%) each year. All expenses for the organization totaled $153.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATIONAL SCHOLARSHIPS TO QUALIFIED ALASKA NATIVE STUDENTS WHO ARE SHAREHOLDERS OR DESCENDANTS OF THE BERING STRAITS NATIVE CORPORATION AND REGIONAL VILLAGE CORPORATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Crowder Vice President | 0 | $0 | |
Luisa Machua Secretarytreasurer | 0 | $0 | |
Jed Ballard President | 2 | $0 | |
Kevin Dillard Director | 0 | $0 | |
Lee Ryan Director | 0 | $0 | |
Lorena Hegdal Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,282 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $153,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,169 |
| Other assets | $0 |
| Total assets | $58,350 |
| Total liabilities | $9,637 |
| Net assets or fund balances | $48,713 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bering Straits Foundation has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Endowment Analysis
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|---|---|---|
Kodiak Island Health Care Foundation Kodiak, AK | $4,297,226 | $8,824,628 |
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Youth Dynamics Burlington, WA | $1,918,352 | $3,783,684 |
Falun Dafa Association Of Washington Seattle, WA | $371,330 | $1,383,207 |
Interfaith Hospitality Network Of Spokane, WA | $3,515,540 | $2,601,551 |
Nehemiah Project International Ministry Vancouver, WA | $853,817 | $1,398,248 |
Mission Dispatch Edmonds, WA | $191,788 | $1,461,635 |
Center For Independence Lakewood, WA | $744,310 | $1,500,278 |
Tanana Valley State Fair Association Inc Fairbanks, AK | $3,407,755 | $1,304,956 |
World Outreach Ministries Foundation Bonney Lake, WA | $338,654 | $1,175,171 |
Teen Feed Seattle, WA | $397,342 | $723,755 |