Civic Intelligence

Alaska Charr Future Hospitality Leaders Program

990EZ • Fiscal year 2018 • EIN 81-2598695

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 20, 2018

1503 W 31st Ave Ste 202Anchorage, AK 99503

(907) 274-8133

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$44,951

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 29.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

93rd percentile

142%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

89th percentile

69%

Faster revenue growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$70,316

Up $41,264 (+142%) from 2017

Net Assets

$66,781

No earlier filing loaded for comparison.

Liabilities

Up

$3,535

Up $3,535 from 2017

Revenue

Up

$151,295

Up $61,924 (+69%) from 2017

Expenses

Up

$113,566

Up $53,247 (+88%) from 2017

Net Income

Up

$37,729

Up $8,677 (+30%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $29,052Liabilities 2017: $02017Assets 2018: $70,316Liabilities 2018: $3,535Net Assets 2018: $66,7812018Assets 2019: $70,116Liabilities 2019: $1,320Net Assets 2019: $68,7962019Assets 2020: $93,604Liabilities 2020: $33,982Net Assets 2020: $59,6222020Assets 2021: $135,747Liabilities 2021: $22,116Net Assets 2021: $113,6312021Assets 2022: $164,669Liabilities 2022: $17,704Net Assets 2022: $146,9652022Assets 2023: $240,633Liabilities 2023: $34,004Net Assets 2023: $206,6292023Assets 2024: $278,414Liabilities 2024: $53,885Net Assets 2024: $224,5292024

Highlighted filing

2018

Assets$70,316
Liabilities$3,535
Net Assets$66,781

Operations Trend

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

$200K$100K$0-$100KRevenue 2017: $89,371Expenses 2017: $60,319Net Income 2017: $29,0522017Revenue 2018: $151,295Expenses 2018: $113,566Net Income 2018: $37,7292018Revenue 2019: $130,553Expenses 2019: $123,299Net Income 2019: $7,2542019Revenue 2020: $91,632Expenses 2020: $100,141Net Income 2020: -$8,5092020Revenue 2021: $160,280Expenses 2021: $106,271Net Income 2021: $54,0092021Revenue 2022: $186,107Expenses 2022: $152,773Net Income 2022: $33,3342022Revenue 2023: $193,239Expenses 2023: $133,576Net Income 2023: $59,6632023Revenue 2024: $67,856Expenses 2024: $75,323Net Income 2024: -$7,4672024

Highlighted filing

2018

Revenue$151,295
Expenses$113,566
Net Income$37,729
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$151,295
Mission and Program Overview

Mission

Alaska charr future hospitality leaders program is a charitable organization that supports culinary arts in high schools across alaska. Our mission is to support educators and students by facilitating industry donations (of time and product) to programs, industry involvement (volunteering with individual programs and at our annual pro start competition), and by hosting trainings for students and educators.

- alaska charr future hospitality leaders program is a charitable organization that supports culinary arts programs in high schools across alaska. Our mission is to support educators and students by facilitating industry donations (of time and product) to programs, industry involvement (volunteering with individual programs and at our annual prostart competition), and by hosting trainings for students and educators.

Program Services

DescriptionGrantsExpenses
IN FY18, ALASKA CHARR FHLP WAS ABLE TO HOST A STATEWIDE CULINARY ARTS COMPETITION FOR STUDENTS ENROLLED IN OUR PROGRAM. NEW IN FY18, WE WERE ABLE TO HAVE CAREER BOOTHS FOR STUDENTS TO VISIT. THIS WAS AN ALL DAY EVENT WITH MORE THAN 50 STUDENTS, 50 INDUSTRY MEMBERS, AND 20 VOLUNTEERS. WE ALSO HAD GUEST SPEAKERS AND TOUR OPPORTUNITIES. WE CERTIFIED 14 STUDENTS WITH THEIR SERVSAFE CERTIFICATION AN INDUSTRY LEVEL CERTIFICATION THAT HELPS STUDENTS GET JOBS IN THE HOSPITALITY INDUSTRY. LAST, WE ALSO HELPED 3 EDUCATORS TRAVEL TO THE LOWER 48 TO RECEIVE INDUSTRY TRAINING. WHILE IN THE LOWER 48 THEY LEARNED A VARIETY OF SKILLS WHICH THEY WILL BRING BACK TO THEIR PROGRAMS AND USE TO TEACH THEIR PROSTART PROGRAM.-$89,367
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HANNAH V FROSTExecutive DiFT$44,951-$44,951
ROBERT MCCORMICKChairman Of-$0--
NAOMI EVERETTVice Chair-$0--
ALICIA MALTBYTreasurer-$0--
JODI BLAKELYSecretary-$0--
JOHN JACKOVICHBoard Member-$0--
GLENN BRADYBoard Member-$0--
DON ELLISBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Alaska Charr Future Hospitality
EIN
81-2598695
Phone
9072748133
Address
1503 W 31ST AVE STE 202, ANCHORAGE, AK 99503

Signing Officer

Name
Hannah V Frost
Title
Executive Director
Phone
9072748133
Signed
2018-12-20
Discuss with paid preparer
Yes

Preparer

Firm
BLANK & SMITH CPA'S
Address
2600 DENALI ST STE 410, ANCHORAGE, AK 99503-2746
Preparer
Merilee Metcalf Smith
Phone
9075627170
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 2,208 insurance 144 educator assistance 330 fees 656 pd conference 1,703 careers messaging campaig 6,000 servsafe initiative 3,031 state competition 4,887 national events 13,822 local events 466 summer ins 2,000 fairbanks field trip 500 educator mini grants 1,975 program travel 3,433 supplies 49 delivery fees 1,620 donations 2,000 total 44,824

Form 990-ez, Part II, Line 24

Accounts receivable 5,903 22,495 prepaid expenses and deferred charges 70 0 total 5,973 22,495

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 3,535

Form 990-ez, Part III

- alaska charr future hospitality leaders program is a charitable organization that supports culinary arts programs in high schools across alaska. Our mission is to support educators and students by facilitating industry donations (of time and product) to programs, industry involvement (volunteering with individual programs and at our annual prostart competition), and by hosting trainings for students and educators.

Form 990-ez, Part III, Line 28

In fy18, alaska charr fhlp was able to host a statewide culinary arts competition for students enrolled in our program. New in fy18, we were able to have career booths for students to visit. This was an all day event with more than 50 students, 50 industry members, and 20 volunteers. We also had guest speakers and tour opportunities. We certified 14 students with their servsafe certification an industry level certification that helps students get jobs in the hospitality industry. Last, we also helped 3 educators travel to the lower 48 to receive industry training. While in the lower 48 they learned a variety of skills which they will bring back to their programs and use to teach their prostart program.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 2,208 INSURANCE 144 EDUCATOR ASSISTANCE 330 FEES 656 PD CONFERENCE 1,703 CAREERS MESSAGING CAMPAIG 6,000 SERVSAFE INITIATIVE 3,031 STATE COMPETITION 4,887 NATIONAL EVENTS 13,822 LOCAL EVENTS 466 SUMMER INS 2,000 FAIRBANKS FIELD TRIP 500 EDUCATOR MINI GRANTS 1,975 PROGRAM TRAVEL 3,433 SUPPLIES 49 DELIVERY FEES 1,620 DONATIONS 2,000 TOTAL 44,824
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 5,903 22,495 PREPAID EXPENSES AND DEFERRED CHARGES 70 0 TOTAL 5,973 22,495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 3,535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3- ALASKA CHARR FUTURE HOSPITALITY LEADERS PROGRAM IS A CHARITABLE ORGANIZATION THAT SUPPORTS CULINARY ARTS PROGRAMS IN HIGH SCHOOLS ACROSS ALASKA. OUR MISSION IS TO SUPPORT EDUCATORS AND STUDENTS BY FACILITATING INDUSTRY DONATIONS (OF TIME AND PRODUCT) TO PROGRAMS, INDUSTRY INVOLVEMENT (VOLUNTEERING WITH INDIVIDUAL PROGRAMS AND AT OUR ANNUAL PROSTART COMPETITION), AND BY HOSTING TRAININGS FOR STUDENTS AND EDUCATORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN FY18, ALASKA CHARR FHLP WAS ABLE TO HOST A STATEWIDE CULINARY ARTS COMPETITION FOR STUDENTS ENROLLED IN OUR PROGRAM. NEW IN FY18, WE WERE ABLE TO HAVE CAREER BOOTHS FOR STUDENTS TO VISIT. THIS WAS AN ALL DAY EVENT WITH MORE THAN 50 STUDENTS, 50 INDUSTRY MEMBERS, AND 20 VOLUNTEERS. WE ALSO HAD GUEST SPEAKERS AND TOUR OPPORTUNITIES. WE CERTIFIED 14 STUDENTS WITH THEIR SERVSAFE CERTIFICATION AN INDUSTRY LEVEL CERTIFICATION THAT HELPS STUDENTS GET JOBS IN THE HOSPITALITY INDUSTRY. LAST, WE ALSO HELPED 3 EDUCATORS TRAVEL TO THE LOWER 48 TO RECEIVE INDUSTRY TRAINING. WHILE IN THE LOWER 48 THEY LEARNED A VARIETY OF SKILLS WHICH THEY WILL BRING BACK TO THEIR PROGRAMS AND USE TO TEACH THEIR PROSTART PROGRAM.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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