Civic Intelligence

Mat-Su Valley Interfaith Hospitality Network

990 • Fiscal year 2022 • EIN 68-0510566

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 25, 2023

PO Box 870589Wasilla, AK 99687

(907) 232-4450

Siviq Scores

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

Liabilities / Assets

35th percentile

0.00x

Higher debt load relative to assets than 35% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.00x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

68th percentile

$52,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

97th percentile

221%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

96th percentile

318%

Faster revenue growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$772,541

Up $531,962 (+221%) from 2021

Net Assets

Up

$771,286

Up $532,255 (+223%) from 2021

Liabilities

Down

$1,255

Down $293 (-19%) from 2021

Revenue

Up

$987,436

Up $751,439 (+318%) from 2021

Expenses

Up

$463,786

Up $126,496 (+38%) from 2021

Net Income

Up

$523,650

Up $624,943 (+617%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $90,799Liabilities 2010: $0Net Assets 2010: $90,7992010Assets 2011: $107,346Liabilities 2011: $0Net Assets 2011: $107,3462011Assets 2012: $79,590Liabilities 2012: $0Net Assets 2012: $79,5902012Assets 2013: $298,678Liabilities 2013: $0Net Assets 2013: $298,6782013Assets 2014: $246,327Liabilities 2014: $0Net Assets 2014: $246,3272014Assets 2015: $239,641Liabilities 2015: $2,089Net Assets 2015: $237,5522015Assets 2016: $198,191Liabilities 2016: $779Net Assets 2016: $197,4122016Assets 2017: $237,134Liabilities 2017: $1,153Net Assets 2017: $235,9812017Assets 2018: $261,182Liabilities 2018: $2,103Net Assets 2018: $259,0792018Assets 2019: $250,991Liabilities 2019: $0Net Assets 2019: $250,9912019Assets 2020: $345,004Liabilities 2020: $4,680Net Assets 2020: $340,3242020Assets 2021: $240,579Liabilities 2021: $1,548Net Assets 2021: $239,0312021Assets 2022: $772,541Liabilities 2022: $1,255Net Assets 2022: $771,2862022Assets 2023: $780,828Liabilities 2023: $123,919Net Assets 2023: $656,9092023Assets 2024: $781,923Liabilities 2024: $116,604Net Assets 2024: $665,3192024

Highlighted filing

2022

Assets$772,541
Liabilities$1,255
Net Assets$771,286

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $184,4372010Revenue 2011: $167,260Expenses 2011: $150,733Net Income 2011: $16,5272011Expenses 2012: $204,0442012Revenue 2013: $459,162Expenses 2013: $240,075Net Income 2013: $219,0872013Revenue 2014: $233,050Expenses 2014: $281,402Net Income 2014: -$48,3522014Revenue 2015: $256,719Expenses 2015: $265,494Net Income 2015: -$8,7752015Revenue 2016: $233,508Expenses 2016: $273,648Net Income 2016: -$40,1402016Revenue 2017: $276,842Expenses 2017: $238,273Net Income 2017: $38,5692017Revenue 2018: $263,644Expenses 2018: $240,546Net Income 2018: $23,0982018Revenue 2019: $244,155Expenses 2019: $252,243Net Income 2019: -$8,0882019Revenue 2020: $359,660Expenses 2020: $270,327Net Income 2020: $89,3332020Revenue 2021: $235,997Expenses 2021: $337,290Net Income 2021: -$101,2932021Revenue 2022: $987,436Expenses 2022: $463,786Net Income 2022: $523,6502022Revenue 2023: $283,770Expenses 2023: $397,606Net Income 2023: -$113,8362023Revenue 2024: $374,902Expenses 2024: $412,477Net Income 2024: -$37,5752024

Highlighted filing

2022

Revenue$987,436
Expenses$463,786
Net Income$523,650
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 25, 2023
Return Version
2022v5.0
Gross Receipts
$987,436
Mission and Program Overview

Mission

Family promise mobilizes community resources and area churches to provide shelter, meals, and case management to families without housing. Our facility is equipped with 10 shelter beds and located at 561 w nelson ave, wasilla, ak.

Family promise mat su mobilizes community resources and local congregations to provide shelter, meals, and case management to families without housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$157,703$749,925▲ $592,222
Cash and Non-Interest-Bearing Accounts$55,271$19,005▼ $36,266
Savings and Temporary Cash Investments$27,605$3,611▼ $23,994
Total Assets$240,579$772,541▲ $531,962
Liabilities
Accounts Payable and Accrued Expenses$1,548$1,255▼ $293
Total Liabilities$1,548$1,255▼ $293
Net Assets / Fund Balance
Total Net Assets Fund Balance$239,031$771,286▲ $532,255
Total Liabilities and Net Assets / Fund Balance$240,579$772,541▲ $531,962

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$660,125$48,392$708,517
Land$89,800-$89,800
Equipment-$36,382$36,382
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Virginia BearExecutive DirectorFT$52,000$52,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$962,881
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$24,555
All Other Contributions
$962,881
Change in Net Assets
$523,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,808
Other Expenses$209,978
Total Fundraising Expense$7,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$164,370$8,935$5,358$178,663
Current Officers, Directors, Trustees, and Key Employees$47,840$2,600$1,560$52,000
Occupancy$24,505--$24,505
Office Expenses$65$20,514-$20,579
Payroll Taxes$18,033$979$587$19,599
Insurance-$19,145-$19,145
Depreciation Depletion-$15,278-$15,278
Information Technology-$6,543-$6,543
Fees for Services Accounting-$4,140-$4,140
Other Employee Benefits$3,191$185$170$3,546
Advertising$3,362--$3,362
Conferences and Meetings$3,345--$3,345
Payments to Affiliates-$2,720-$2,720
Fees for Services Other$1,323--$1,323
Other Expenses$101,713$375-$375
Travel-$100-$100
Total Functional Expenses$367,747$88,364$7,675$463,786
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B - Process to Review Form 990

The accountant and executive director review the 990 before filing

Part VI Line 12C - Enforcement of Conflicts Policy

The board review conflicts as they arise

Part VI Line 19 - Governing Documents Disclosure Explanation

Governing documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Matsu Valley Interfaith Hospitality Network
EIN
68-0510566
Phone
9072324450
Address
PO BOX 870589, WASILLA, AK 99687
Doing Business As
Family Promise Mat Su

Signing Officer

Name
Dave Rose
Title
Trustee
Phone
9072324450
Signed
2023-09-25
Discuss with paid preparer
No

Organization Details

Principal Officer
Virginia Bear
Formed
2002
Legal Domicile
Ak
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
200

Preparer

Firm
Hrb Tax Group Inc
Address
1301 MAIN ST STE 102C, KANSAS CITY, MO 64105
Preparer
Deborah Palmer
Phone
8004725625
Supplemental Narrative

Additional Explanations

Part 1 Line 2 - Discontinued Operations

Ceased operations for the following programs: street outreach, child care, disaster relief housing, after care housing rentals

Part XI Line 9 Adjustment

ADJUSTMENT TO BALANCE

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IRS990/ReconcilationRevenueExpnssAmt0523650
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt023982
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027605
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0355381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0235972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0359626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0244105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0263642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01458726
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99900
IRS990ScheduleA/PublicSupportTotal170Amt01458726
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0355381
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0235972
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0359626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0244105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0263642
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01458726
IRS990ScheduleA/TotalSupportAmt01458837
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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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0660125
IRS990ScheduleD/BuildingsGrp/DepreciationAmt048392
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0708517
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036382
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036382
IRS990ScheduleD/LandGrp/BookValueAmt089800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt089800
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0749925
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTANT AND EXECUTIVE DIRECTOR REVIEW THE 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEW CONFLICTS AS THEY ARISE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEASED OPERATIONS FOR THE FOLLOWING PROGRAMS: STREET OUTREACH, CHILD CARE, DISASTER RELIEF HOUSING, AFTER CARE HOUSING RENTALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADJUSTMENT TO BALANCE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI LINE 11B - PROCESS TO REVIEW FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI LINE 12C - ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART 1 LINE 2 - DISCONTINUED OPERATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XI LINE 9 ADJUSTMENT
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TaxExemptInterestAmt00
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0240579
IRS990/TotalAssetsEOYAmt0772541
IRS990/TotalAssetsGrp/BOYAmt0240579
IRS990/TotalAssetsGrp/EOYAmt0772541
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0962881
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07675
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088364
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0367747
IRS990/TotalFunctionalExpensesGrp/TotalAmt0463786
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01548
IRS990/TotalLiabilitiesEOYAmt01255
IRS990/TotalLiabilitiesGrp/BOYAmt01548
IRS990/TotalLiabilitiesGrp/EOYAmt01255
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0239031
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0771286
IRS990/TotalProgramServiceExpensesAmt0349525
IRS990/TotalReportableCompFromOrgAmt052000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0573
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0987436
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0240579
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0772541
IRS990/TravelGrp/ManagementAndGeneralAmt0100
IRS990/TravelGrp/TotalAmt0100
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt02700 E BROADVIEW AVE
IRS990/USAddress/CityNm0Wasilla
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd099654
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0FAMILYPROMISEMATSU.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVE ROSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09072324450
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MATSU VALLEY INTERFAITH HOSPITALITY NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0MATS
ReturnHeader/Filer/EIN0680510566
ReturnHeader/Filer/PhoneNum09072324450
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 870589
ReturnHeader/Filer/USAddress/CityNm0WASILLA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099687
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 MAIN ST STE 102C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064105
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deborah Palmer
ReturnHeader/ReturnTs02023-09-25T23:00:58Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.82$1.17$6.65$3.75$4.12$0.38
2023Detailed filing. Detailed filing data is available for this year.$7.81$1.24$6.57$2.84$3.98$1.14
2022Detailed filing. Detailed filing data is available for this year.$7.73$0.01$7.71$9.87$4.64$5.24
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.02$2.39$2.36$3.37$1.01
2020Detailed filing. Detailed filing data is available for this year.$3.45$0.05$3.40$3.60$2.70$0.89
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$2.44$2.52$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.61$0.02$2.59$2.64$2.41$0.23
2017Detailed filing. Detailed filing data is available for this year.$2.37$0.01$2.36$2.77$2.38$0.39
2016Detailed filing. Detailed filing data is available for this year.$1.98$0.01$1.97$2.34$2.74$0.40
2015Detailed filing. Detailed filing data is available for this year.$2.40$0.02$2.38$2.57$2.65$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$2.33$2.81$0.48
2013Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$4.59$2.40$2.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$2.04
2011Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$1.67$1.51$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$1.84