Civic Intelligence

The Alaska Native Arts Foundation

990 • Fiscal year 2017 • EIN 30-0137438

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 02, 2018

Organization ProfileWWW.ALASKANATIVEARTS.ORG
500 W 6th AvenueAnchorage, AK 99501

(907) 258-2623

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-19200%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

39th percentile

-2.6%

Faster asset growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$244,101

Down $6,398 (-2.6%) from 2016

Net Assets

Down

$244,101

Down $1,152 (-0.5%) from 2016

Liabilities

Down

$0

Down $5,246 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin1st percentile

Revenue

Down

$6

Down $54,525 (-100%) from 2016

Expenses

Down

$1,158

Down $31,326 (-96%) from 2016

Net Income

Down

-$1,152

Down $23,199 (-105%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2015: $229,023Liabilities 2015: $5,817Net Assets 2015: $223,2062015Assets 2016: $250,499Liabilities 2016: $5,246Net Assets 2016: $245,2532016Assets 2017: $244,101Liabilities 2017: $0Net Assets 2017: $244,1012017

Highlighted filing

2017

Assets$244,101
Liabilities$0
Net Assets$244,101
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $237,044Expenses 2015: $264,863Net Income 2015: -$27,8192015Revenue 2016: $54,531Expenses 2016: $32,484Net Income 2016: $22,0472016Revenue 2017: $6Expenses 2017: $1,158Net Income 2017: -$1,1522017

Highlighted filing

2017

Revenue$6
Expenses$1,158
Net Income-$1,152
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 2, 2018
Return Version
2017v2.3
Gross Receipts
$6
Mission and Program Overview

Mission

To promote and celebrate the uniqueness of alaska native arts and heritage. Improve the economic well being of alaska native artists; invigorate education and training of the next generation of alaska native artists; increase awareness of alaska native cultures.

Improve the economic well being of alaska native artists; invigorate education and training of the next generation of alaska native artists; increase awareness of alaska native cultures and create oppurtunities to inform about the diverse cultural expressions of alaska's indigenous peoples; and stimulate demand for and help establish fair market pricing for works of art by alaska native people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$180,560$194,694▲ $14,134
Savings and Temporary Cash Investments$69,339$49,407▼ $19,932
Accounts Receivable$600--
Total Assets$250,499$244,101▼ $6,398
Liabilities
Accounts Payable and Accrued Expenses$5,246--
Total Liabilities$5,246$0▼ $5,246
Net Assets / Fund Balance
Unrestricted Net Assets$245,253$244,101▼ $1,152
Total Net Assets Fund Balance$245,253$244,101▼ $1,152
Total Liabilities and Net Assets / Fund Balance$250,499$244,101▼ $6,398

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$60,000$60,000
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Barbara OverstreetDirector
Gail SchubertDirector
Da-ka-xeen MehnerOfficer
Veronica SlajerSecretary-tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
Change in Net Assets
$-1,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$339--$339
Fees for Services Accounting-$240-$240
Travel-$75-$75
Other Expenses$35--$35
Total Functional Expenses$843$315$0$1,158
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Interested board members are invited to review the tax return at board meetings prior to its filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Alaska Native Arts Foundation
EIN
30-0137438
Phone
9072582623
Address
500 W 6TH AVENUE, ANCHORAGE, AK 99501

Signing Officer

Name
Veronica Slajer
Title
Secretary-treasurer
Phone
9073602288
Signed
2018-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Veronica Slajer
Formed
2002
Legal Domicile
Ak
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
The Hahn Company LLC
Address
430 W 7TH AVE STE 210, ANCHORAGE, AK 99501-3550
Preparer
Cathleen Hahn CPA
Phone
9072721423
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote and celebrate the uniqueness of alaska native arts and heritage. Improve the economic well being of alaska native artists; invigorate education and training of the next generation of alaska native artists; increase awareness of alaska native cultures.”

Raw XML Appendix277 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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IRS990/IRPDocumentCnt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTERESTED BOARD MEMBERS ARE INVITED TO REVIEW THE TAX RETURN AT BOARD MEETINGS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/FilingSecurityInformation/IPTm011:10:31
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANCHORAGE
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ReturnHeader/PreparerPersonGrp/PhoneNum09072721423
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHLEEN HAHN CPA
ReturnHeader/ReturnTs02018-11-09T08:10:31-09:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$244,101
Liabilities
$0
Net assets
$244,101
Revenue
$6
Expenses
$1,158
Net income
-$1,152
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$0.00$0.01$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.05$2.45$0.55$0.32$0.22
2015Detailed filing. Detailed filing data is available for this year.$2.29$0.06$2.23$2.37$2.65$0.28