Civic Intelligence

Alaska Charr Educational Fund Inc

EIN 06-1663010 • 501(c)3 • Anchorage, AK

Profile

To encourage and assist qualified persons in developing a career in the alaska hospitality industry through financial assistance, continuing education, on-the-job training, mentoring and job placement.

1503 W 31st Avenue 102Anchorage, AK 99503

www.alaskacharr.com/SCHOLARSHIPS

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.15x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.28x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

2.3%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

43rd percentile

-5.7%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-52%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$287,261

Down $17,434 (-5.7%) from 2023

Liabilities

Down

$41,719

Down $32,686 (-44%) from 2023

Net Assets

Up

$245,542

Up $15,252 (+6.6%) from 2023

Revenue

Down

$146,609

Down $161,617 (-52%) from 2023

Expenses

Down

$143,199

Down $152,479 (-52%) from 2023

Net Income

Down

$3,410

Down $9,138 (-73%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $188,602Liabilities 2011: $627Net Assets 2011: $187,9752011Assets 2012: $191,919Liabilities 2012: $307Net Assets 2012: $191,6122012Assets 2013: $201,870Liabilities 2013: $503Net Assets 2013: $201,3672013Assets 2014: $182,075Liabilities 2014: $2,480Net Assets 2014: $179,5952014Assets 2015: $171,219Liabilities 2015: $13,708Net Assets 2015: $157,5112015Assets 2016: $186,185Liabilities 2016: $15,331Net Assets 2016: $170,8542016Assets 2017: $207,221Liabilities 2017: $20,120Net Assets 2017: $187,1012017Assets 2018: $216,605Liabilities 2018: $27,940Net Assets 2018: $188,6652018Assets 2019: $238,760Liabilities 2019: $20,023Net Assets 2019: $218,7372019Assets 2020: $171,806Liabilities 2020: $0Net Assets 2020: $171,8062020Assets 2021: $220,522Liabilities 2021: $3,196Net Assets 2021: $217,3262021Assets 2022: $221,500Liabilities 2022: $3,757Net Assets 2022: $217,7432022Assets 2023: $304,695Liabilities 2023: $74,405Net Assets 2023: $230,2902023Assets 2024: $287,261Liabilities 2024: $41,719Net Assets 2024: $245,5422024

Highlighted filing

2024

Assets$287,261
Liabilities$41,719
Net Assets$245,542

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $142,457Expenses 2011: $122,373Net Income 2011: $20,0842011Revenue 2012: $111,356Expenses 2012: $107,219Net Income 2012: $4,1372012Revenue 2013: $148,049Expenses 2013: $139,542Net Income 2013: $8,5072013Revenue 2014: $152,457Expenses 2014: $173,979Net Income 2014: -$21,5222014Revenue 2015: $134,809Expenses 2015: $152,738Net Income 2015: -$17,9292015Revenue 2016: $150,234Expenses 2016: $136,891Net Income 2016: $13,3432016Revenue 2017: $119,388Expenses 2017: $103,141Net Income 2017: $16,2472017Revenue 2018: $69,104Expenses 2018: $0Net Income 2018: $69,1042018Revenue 2019: $86,100Expenses 2019: $56,497Net Income 2019: $29,6032019Revenue 2020: $35,684Expenses 2020: $84,800Net Income 2020: -$49,1162020Revenue 2021: $145,040Expenses 2021: $99,520Net Income 2021: $45,5202021Revenue 2022: $105,342Expenses 2022: $104,925Net Income 2022: $4172022Revenue 2023: $308,226Expenses 2023: $295,678Net Income 2023: $12,5482023Revenue 2024: $146,609Expenses 2024: $143,199Net Income 2024: $3,4102024

Highlighted filing

2024

Revenue$146,609
Expenses$143,199
Net Income$3,410

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.87$0.42$2.46$1.47$1.43$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.05$0.74$2.30$3.08$2.96$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.22$0.04$2.18$1.05$1.05$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.21$0.03$2.17$1.45$1.00$0.46
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.36$0.85$0.49
2019Detailed filing. Detailed filing data is available for this year.$2.39$0.20$2.19$0.86$0.56$0.30
2018Summary only. Only limited summary data is available for this year.$2.17$0.28$1.89$0.69$0.00$0.69
2017Detailed filing. Detailed filing data is available for this year.$2.07$0.20$1.87$1.19$1.03$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.86$0.15$1.71$1.50$1.37$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.14$1.58$1.35$1.53$0.18
2014Summary only. Only limited summary data is available for this year.$1.82$0.02$1.80$1.52$1.74$0.22
2013Summary only. Only limited summary data is available for this year.$2.02$0.01$2.01$1.48$1.40$0.09
2012Summary only. Only limited summary data is available for this year.$1.92$0.00$1.92$1.11$1.07$0.04
2011Summary only. Only limited summary data is available for this year.$1.89$0.01$1.88$1.42$1.22$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$156,285
Mission and Program Overview

Mission

To encourage and assist qualified persons in developing a career in the alaska hospitality industry through financial assistance, continuing education, on-the-job training, mentoring and job placement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$218,583$221,534▲ $2,951
Accounts Receivable$55,990$64,621▲ $8,631
Land, Buildings, and Equipment, Net$1,106$1,106→ $0
Prepaid Expenses and Deferred Charges$1,000--
Total Assets$276,679$287,261▲ $10,582
Liabilities
Accounts Payable and Accrued Expenses$34,549$41,719▲ $7,170
Total Liabilities$34,549$41,719▲ $7,170
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$242,130$245,542▲ $3,412
Total Net Assets Fund Balance$242,130$245,542▲ $3,412
Total Liabilities and Net Assets / Fund Balance$276,679$287,261▲ $10,582

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,106$3,781$4,887
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cheyenne SelmanChair
Sarah MulliganVice Chair
Dick EllsworthDirector
Don GrasseDirector
Glenn BradyDirector
Jodi BlakleyDirector
Mike DennisSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$138,665
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,944
All Other Contributions
$10,977
Change in Net Assets
$3,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,522
Salaries, Compensation, and Employee Benefits$48,677
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,677--$48,677
Fees for Services Management-$10,420-$10,420
Advertising-$1,100-$1,100
Other Expenses$400--$400
Conferences and Meetings-$296-$296
Fees for Services Other-$151-$151
Fees for Services Accounting-$-837-$-837
Total Functional Expenses$132,069$11,130$0$143,199
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$17,420
Gaming Direct Expenses$9,676
Fundraising Gross Income$200
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Election of members and their rights: members elect the board of directors.

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990: the ceo, chairman of the board, and treasurer review the 990, and a copy of the 990 is emailed to the board of directors before it is filed.

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy: alaska charr regularly monitors this policy by asking the officers, directors, and key employees for any updates or additional conflicts of interest that may have arisen at the beginning of each meeting throughout the year.

Form 990, Part VI, Section B, Line 15

Compensation process for top official: the compensation of the president & ceo is determined by the independent board of directors by documenting salary comparability studies obtained by the executive committee and published by professional associations. Compensation process for officers: the compensation of other key employees is determined by a salary comparability study conducted by the ceo.

Form 990, Part VI, Section C, Line 19

Documents disclosure explanation: governing documents are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Alaska Charr Educational Fund Inc
EIN
06-1663010
Phone
9072748133
Address
1503 W 31ST AVENUE 102, ANCHORAGE, AK 99503

Signing Officer

Name
Cheyenne Selman
Title
Chairwoman
Phone
9072748133
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheyenne Selman
Formed
1995
Legal Domicile
Ak
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
35

Preparer

Firm
NEWHOUSE & VOGLER CPA'S APC
Address
237 E FIREWEED LANE SUITE 200, ANCHORAGE, AK 99503
Preparer
James R Newhouse CPA
Phone
9072587555
Raw XML Appendix369 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0252
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0267
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.63510
IRS990ScheduleA/PublicSupportPY509Pct00.42810
IRS990ScheduleA/PublicSupportTotal509Amt0648155
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0138665
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0249784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0251929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07750
IRS990ScheduleA/Total509Grp/TotalAmt0648155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0146609
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0315340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0308226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0105342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0145040
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01020557
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01106
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03781
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04887
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01106
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTION OF MEMBERS AND THEIR RIGHTS: MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE CEO, CHAIRMAN OF THE BOARD, AND TREASURER REVIEW THE 990, AND A COPY OF THE 990 IS EMAILED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ENFORCEMENT OF CONFLICTS POLICY: ALASKA CHARR REGULARLY MONITORS THIS POLICY BY ASKING THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES FOR ANY UPDATES OR ADDITIONAL CONFLICTS OF INTEREST THAT MAY HAVE ARISEN AT THE BEGINNING OF EACH MEETING THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PROCESS FOR TOP OFFICIAL: THE COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED BY THE INDEPENDENT BOARD OF DIRECTORS BY DOCUMENTING SALARY COMPARABILITY STUDIES OBTAINED BY THE EXECUTIVE COMMITTEE AND PUBLISHED BY PROFESSIONAL ASSOCIATIONS. COMPENSATION PROCESS FOR OFFICERS: THE COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY A SALARY COMPARABILITY STUDY CONDUCTED BY THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS DISCLOSURE EXPLANATION: GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0276679
IRS990/TotalAssetsEOYAmt0287261
IRS990/TotalAssetsGrp/BOYAmt0276679
IRS990/TotalAssetsGrp/EOYAmt0287261
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0138665
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011130
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0132069
IRS990/TotalFunctionalExpensesGrp/TotalAmt0143199
IRS990/TotalGrossUBIAmt0200
IRS990/TotalLiabilitiesBOYAmt034549
IRS990/TotalLiabilitiesEOYAmt041719
IRS990/TotalLiabilitiesGrp/BOYAmt034549
IRS990/TotalLiabilitiesGrp/EOYAmt041719
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0242130
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0245542
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0132069
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07744
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0146609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0200
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0276679
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0287261
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01503 W 31ST AVENUE 102
IRS990/USAddress/CityNm0ANCHORAGE
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd099503
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTPS://WWW.ALASKACHARR.COM/SCHOLARSHIPS
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHEYENNE SELMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRWOMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09072748133
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALASKA CHARR EDUCATIONAL FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ALAS
ReturnHeader/Filer/EIN0061663010
ReturnHeader/Filer/PhoneNum09072748133
ReturnHeader/Filer/USAddress/AddressLine1Txt01503 W 31ST AVENUE 102
ReturnHeader/Filer/USAddress/CityNm0ANCHORAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099503
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920133179
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NEWHOUSE & VOGLER CPA'S APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0237 E FIREWEED LANE SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANCHORAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099503
ReturnHeader/PreparerPersonGrp/PhoneNum09072587555
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES R NEWHOUSE CPA
ReturnHeader/ReturnTs02025-11-17T12:45:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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