Kodiak Scholarship Foundation Inc

Organization Overview

Kodiak Scholarship Foundation Inc is located in Kodiak, AK. The organization was established in 1989. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Kodiak Scholarship 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 12/2023, Kodiak Scholarship Foundation Inc generated $187.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $168.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZE AND ASSIST KODIAK ISLAND BOROUGH STUDENTS TO PURSUE POST-SECONDARY EDUCATION IN THEIR CHOSEN FIELD OF STUDY, AND TO ASSIST INSTITUTIONS OF POST-SECONDARY EDUCATION OR TRAINING LOCATED WITHIN THE KODIAK ISLAND BOROUGH

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE KODIAK SCHOLARSHIP FOUNDATION HELPED OVER 30 DIFFERENT STUDENTS PAY FOR THEIR POST-SECONDARY EDUCATION BOTH IN AND OUT OF THE STATE OF ALASKA. THESE SCHOLARSHIPS WENT TO A VARIETY OF INSTITUTIONS FROM TRADITIONAL FOUR YEAR COLLEGES TO TECHNICAL INSTITUTIONS AND COMMUNITY COLLEGES.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Brodie
President
$0
Dan Roher
Vice President
$0
Bud Cassidy
Secretary
$0
Robin Cassidy
Treasurer
$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$156,700
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$156,700
Total Program Service Revenue$0
Investment income $57,238
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$26,513
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $187,425

Peer Organizations

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