Civic Intelligence

Waterfall Foundation

990 • Fiscal year 2020 • EIN 54-1980898

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 26, 2021

PO Box 70049Fairbanks, AK 99707

(907) 378-6528

Siviq Scores

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

Liabilities / Assets

75th percentile

0.10x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.07x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-107%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

88th percentile

$36,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 36.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

6th percentile

-60%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-68%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$66,385

Down $99,005 (-60%) from 2019

Net Assets

Down

$59,885

Down $105,505 (-64%) from 2019

Liabilities

Up

$6,500

Up $6,500 from 2019

Revenue

Down

$98,470

Down $212,063 (-68%) from 2019

Expenses

Down

$203,973

Down $91,085 (-31%) from 2019

Net Income

Down

-$105,503

Down $120,978 (-782%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $23,283Liabilities 2010: $0Net Assets 2010: $23,2832010Assets 2011: $188,013Liabilities 2011: $12,000Net Assets 2011: $176,0132011Assets 2012: $70,736Liabilities 2012: $45,500Net Assets 2012: $25,2362012Assets 2013: $116,222Liabilities 2013: $32,500Net Assets 2013: $83,7222013Assets 2014: $236,357Liabilities 2014: $19,500Net Assets 2014: $216,8572014Assets 2015: $249,550Liabilities 2015: $39,000Net Assets 2015: $210,5502015Assets 2016: $211,879Liabilities 2016: $19,500Net Assets 2016: $192,3792016Assets 2017: $212,617Liabilities 2017: $13,000Net Assets 2017: $199,6172017Assets 2018: $156,415Liabilities 2018: $6,500Net Assets 2018: $149,9152018Assets 2019: $165,390Liabilities 2019: $0Net Assets 2019: $165,3902019Assets 2020: $66,385Liabilities 2020: $6,500Net Assets 2020: $59,8852020Assets 2021: $97,402Liabilities 2021: $19,500Net Assets 2021: $77,9022021Assets 2022: $105,215Liabilities 2022: $35,000Net Assets 2022: $70,2152022Assets 2023: $295,924Liabilities 2023: $30,000Net Assets 2023: $265,9242023Assets 2024: $307,307Liabilities 2024: $15,000Net Assets 2024: $292,3072024

Highlighted filing

2020

Assets$66,385
Liabilities$6,500
Net Assets$59,885

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $280,3532010Expenses 2011: $31,1532011Expenses 2012: $440,8202012Revenue 2013: $337,954Expenses 2013: $259,968Net Income 2013: $77,9862013Revenue 2014: $386,533Expenses 2014: $253,398Net Income 2014: $133,1352014Revenue 2015: $304,165Expenses 2015: $310,472Net Income 2015: -$6,3072015Revenue 2016: $250,392Expenses 2016: $268,563Net Income 2016: -$18,1712016Revenue 2017: $301,186Expenses 2017: $293,948Net Income 2017: $7,2382017Revenue 2018: $239,545Expenses 2018: $289,247Net Income 2018: -$49,7022018Revenue 2019: $310,533Expenses 2019: $295,058Net Income 2019: $15,4752019Revenue 2020: $98,470Expenses 2020: $203,973Net Income 2020: -$105,5032020Revenue 2021: $267,808Expenses 2021: $249,791Net Income 2021: $18,0172021Revenue 2022: $275,720Expenses 2022: $283,407Net Income 2022: -$7,6872022Revenue 2023: $484,688Expenses 2023: $288,979Net Income 2023: $195,7092023Revenue 2024: $355,161Expenses 2024: $328,778Net Income 2024: $26,3832024

Highlighted filing

2020

Revenue$98,470
Expenses$203,973
Net Income-$105,503
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 26, 2021
Return Version
2020v4.1
Gross Receipts
$274,321
Mission and Program Overview

Mission

To raise awareness and money for health care issues in alaska.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,990$42,641▼ $52,349
Savings and Temporary Cash Investments$70,400$23,744▼ $46,656
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$165,390$66,385▼ $99,005
Liabilities
Deferred Revenue-$6,500-
Total Liabilities$0$6,500▲ $6,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$165,390$59,885▼ $105,505
Total Net Assets Fund Balance$165,390$59,885▼ $105,505
Total Liabilities and Net Assets / Fund Balance$165,390$66,385▼ $99,005

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$1,548$1,548
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eileen Van WyheEx. Director/secr.PT$36,000$36,000

Board Members and Trustees

NameTitle
Nancy MurkowskiHonorary Chair
Joel GilbertsonPresident
Andrew LundquistVice-president
John MingeBoard Member
Marilyn RomanoBoard Member
Sam KitoBoard Member
Joseph EverhartTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Waterfall Resort AssociatesFac/rent Fees320 DOCK STREET 222, Ketchikan, AK 99901$174,792
Revenue and Support

Revenue Composition

Contributions and Grants
$223,900
Program Service Revenue
$0
Investment Income
$81
Other Revenue
$-125,511
Change in Net Assets
$-105,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$150,000
Salaries, Compensation, and Employee Benefits$36,000
Total Fundraising Expense$18,000
Other Expenses$17,973
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,000--$150,000
Current Officers, Directors, Trustees, and Key Employees-$18,000$18,000$36,000
Occupancy-$7,200-$7,200
Fees for Services Accounting-$6,184-$6,184
Office Expenses-$2,384-$2,384
Insurance-$2,157-$2,157
Other Expenses-$48-$48
Total Functional Expenses$150,000$35,973$18,000$203,973
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Breast Cancer Detection Center of AlaskaFairbanks, AK3Health Screening$150,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$175,851
Fundraising Gross Income$50,340
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Waterfall Resort Fundraiser$274,240$50,340$1,059$49,281
Total Events$274,240$50,340$175,851$-125,511
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Eileen Van WyheRelated Board MemberCompensationNo$36,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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, Part VI, Section A, Line 2

Nancy murkowski, honorary chair eileen van wyhe, executive director/secretary family relationship

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

Organization's process to reveiw form 990 statement is available to the public upon request and is provided to all board members to review.

Form 990, Part VI, Section C, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
Waterfall Foundation
EIN
54-1980898
Phone
9073786528
Address
PO BOX 70049, FAIRBANKS, AK 99707

Signing Officer

Name
Eileen Van Wyhe
Title
Ex. Director/secretary
Phone
9073786528
Signed
2021-08-26

Organization Details

Principal Officer
Eileen Van Wyhe
Formed
2000
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Alliance Cpas LLC
Address
119 NORTH CUSHMAN ST SUITE 300, FAIRBANKS, AK 99701
Preparer
Diane Hutchison
Phone
9074567762
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

OTHER ADJUSTMENT -2.

Raw XML AppendixShowing 400 of 402 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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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/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01548
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01548
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0223900
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0223900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0175851
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WATERFALL RESORT FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0274240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0274240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt050340
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050340
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-125511
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01059
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01059
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0174792
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0174792
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HEALTH SCREENING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BREAST CANCER DETECTION CENTER OF ALASKA
IRS990ScheduleI/RecipientTable/RecipientEIN0920055382
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01905 COWLES STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAIRBANKS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd099701
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0REGULAR VISITS TO THE ORGANIZATION RECEIVING THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0EILEEN VAN WYHE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0RELATED BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt036000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE HONORARY CHAIR IS RELATED TO THE EXECUTIVE DIRECTOR/SECRETARY THAT RECEIVES COMPENSATION FROM THE ORGANIZATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NANCY MURKOWSKI, HONORARY CHAIR EILEEN VAN WYHE, EXECUTIVE DIRECTOR/SECRETARY FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVEIW FORM 990 STATEMENT IS AVAILABLE TO THE PUBLIC UPON REQUEST AND IS PROVIDED TO ALL BOARD MEMBERS TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER ADJUSTMENT -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0165390
IRS990/TotalAssetsEOYAmt066385
IRS990/TotalAssetsGrp/BOYAmt0165390
IRS990/TotalAssetsGrp/EOYAmt066385
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0223900
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035973
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0150000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0203973
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt06500
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt06500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0165390
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt059885
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0150000
IRS990/TotalReportableCompFromOrgAmt036000
IRS990/TotalRevenueGrp/ExclusionAmt0-125511
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt098470
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0165390
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt066385
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 70049
IRS990/USAddress/CityNm0FAIRBANKS
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd099707
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EILEEN VAN WYHE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EX. DIRECTOR/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09073786528
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERFALL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0541980898
ReturnHeader/Filer/PhoneNum09073786528
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 70049
ReturnHeader/Filer/USAddress/CityNm0FAIRBANKS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099707
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920117073
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALLIANCE CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0119 NORTH CUSHMAN ST SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRBANKS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099701
ReturnHeader/PreparerPersonGrp/PhoneNum09074567762
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANE HUTCHISON
ReturnHeader/ReturnTs02021-09-13T15:44:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EILEEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VAN WYHE
ReturnHeader/TaxPeriodBeginDt02020-01-01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.15$2.92$3.55$3.29$0.26
2023Detailed filing. Detailed filing data is available for this year.$2.96$0.30$2.66$4.85$2.89$1.96
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.35$0.70$2.76$2.83$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.20$0.78$2.68$2.50$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.07$0.60$0.98$2.04$1.06
2019Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$3.11$2.95$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.07$1.50$2.40$2.89$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.13$0.13$2.00$3.01$2.94$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.12$0.20$1.92$2.50$2.69$0.18
2015Summary only. Only limited summary data is available for this year.$2.50$0.39$2.11$3.04$3.10$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.36$0.20$2.17$3.87$2.53$1.33
2013Detailed filing. Detailed filing data is available for this year.$1.16$0.33$0.84$3.38$2.60$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.46$0.25$4.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.12$1.76$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$2.80