Awaic Foundation Inc
- Assets
- $1.7m
- Revenue
- $82.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 07/1999
- Data as of
- 06/2022
- EIN
- 92-0164628
Organization Overview
Awaic Foundation Inc is located in Anchorage, AK. The organization was established in 1999. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Awaic 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 06/2022, Awaic Foundation Inc generated $82.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $52.5k during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST ABUSED WOMNEN'S AID IN CRISIS, INC. IN ITS COMMUNITY SERVICE OF HELPING VICTIMS OF DOMESTIC VIOLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST ABUSED WOMEN'S AID IN CRISIS, INC. IN ITS COMMUNITY SERVICE OF HELPING VICTIMS OF DOMESTIC VIOLENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Petter Jahnsen President | OfficerTrustee | 0.5 | $0 |
Teresa Newins Treasurer | OfficerTrustee | 0.5 | $0 |
Cynthia Cartledge Vice Preside | OfficerTrustee | 0.5 | $0 |
Meghan Carson Director | Trustee | 0.5 | $0 |
Michael Mccormack Director | Trustee | 0.5 | $0 |
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 | $310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310 |
| Total Program Service Revenue | $0 |
| Investment income | $27,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,966 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,831 |
| 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 | $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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,644 |
| All other expenses | $25 |
| Total functional expenses | $52,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,143 |
| 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 | $1,738,019 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,749,162 |
| Accounts payable and accrued expenses | $1,669 |
| 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 | $1,669 |
| Net assets without donor restrictions | $1,747,493 |
| 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 | $1,749,162 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Awaic Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Alaska Peace Officers Association Anchorage, AK | | $1,000 |
Alaska Peace Officers Association Anchorage, AK | | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benton Franklin Workforce Development Council Kennewick, WA | $582,249 | $4,982,662 |
Seattle Jobs Initiative Seattle, WA | $4,378,649 | $5,071,814 |
Civic Education Fund Seattle, WA | $3,800,121 | $7,920,121 |
Washington Initiative For Supported Employment Tukwila, WA | $3,632,722 | $4,418,416 |
Workforce Development Council Board Bellingham, WA | $674,341 | $3,549,945 |
Cierto Tacoma, WA | $646,604 | $1,448,392 |
Artisans Ark Spokane, WA | $1,568,886 | $1,844,732 |
Western Wash Indian Employ & Train Prog Tacoma, WA | $110,521 | $929,319 |
Alaska Ironworkers Training Program Trust Anchorage, AK | $0 | $822,723 |
Feast Collective Spokane, WA | $368,001 | $799,241 |
Heat & Frost Insulators And Allied Trades Apprenticeship Training Fun Renton, WA | $339,991 | $549,590 |
Dress For Success Seattle Seattle, WA | $460,332 | $547,690 |