Civic Intelligence

First Rate Foundation Inc.

990EZ • Fiscal year 2024 • EIN 87-1380673

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 14, 2025

Organization ProfileN/A
3150 X Street Suite 150Anchorage, AK 99503

(907) 727-8800

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

92nd percentile

57%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

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

Asset Growth

93rd percentile

118%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

39th percentile

-5.9%

Faster revenue growth than 39% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$179,653

Up $127,857 (+247%) from 2022

Net Assets

Up

$179,653

Up $127,857 (+247%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Down

$86,989

Down $20,986 (-19%) from 2022

Expenses

Down

$37,036

Down $40,747 (-52%) from 2022

Net Income

Up

$49,953

Up $19,761 (+65%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$200K$150K$100K$50K$0Assets 2021: $29,358Net Assets 2021: $29,3582021Assets 2022: $51,796Net Assets 2022: $51,7962022Assets 2024: $179,653Net Assets 2024: $179,6532024

Highlighted filing

2024

Assets$179,653
Liabilities-
Net Assets$179,653
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

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

$150K$100K$50K$0Revenue 2021: $40,042Expenses 2021: $11,150Net Income 2021: $28,8922021Revenue 2022: $107,975Expenses 2022: $77,783Net Income 2022: $30,1922022Revenue 2024: $86,989Expenses 2024: $37,036Net Income 2024: $49,9532024

Highlighted filing

2024

Revenue$86,989
Expenses$37,036
Net Income$49,953
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$86,989
Mission and Program Overview

Mission

Provide funding for the need of people in our community who are directly tied to first rate and that we can have a significant impact on

Program Services

DescriptionGrantsExpenses
PROVIDE FUNDING FOR THE NEEDS OF PEOPLE IN OUR COMMUNITY WHOSE WELL-BEING WE CAN HAVE A SIGNIFICANT IMPACT ON-$37,000
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON WOOTENPresident-$0--
JUSTIN HARRISTreasurer-$0--
ADAM HEAFNERVice President-$0--
Filing and Contact Details

Filer

Filer Name
First Rate Foundation Inc
EIN
87-1380673
Phone
9077278800
Address
3150 X STREET SUITE 150, ANCHORAGE, AK 99503

Signing Officer

Name
Jason Wooten
Title
President
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Archer Strategic Advisors PLLC
Address
418 E Lakeside Ave Ste 6, Coeur DAlene, ID 83814
Preparer
Skyler Kressin
Phone
2082853904
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Donations (expenses) $37000”

Other Expenses.2

“BANK FEES $36”

Raw XML Appendix142 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum02082853904
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COEUR DALENE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd083814
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt082360
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0179653
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt085767
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt086989
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01222
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt082360
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0179653
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt082360
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0179653
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JASON WOOTEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTIN HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADAM HEAFNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt047340
IRS990EZ/OtherExpensesTotalAmt037036
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE FUNDING FOR THE NEED OF PEOPLE IN OUR COMMUNITY WHO ARE DIRECTLY TIED TO FIRST RATE AND THAT WE CAN HAVE A SIGNIFICANT IMPACT ON
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE FUNDING FOR THE NEEDS OF PEOPLE IN OUR COMMUNITY WHOSE WELL-BEING WE CAN HAVE A SIGNIFICANT IMPACT ON
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt037036
IRS990EZ/TotalProgramServiceExpensesAmt037000
IRS990EZ/TotalRevenueAmt086989
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt085767
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt091518
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0107684
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt040026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0324995
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01222
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0206
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02355
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0327350
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt086989
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt092429
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0107890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt040042
IRS990ScheduleA/Total509Grp/TotalAmt0327350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt086989
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt092429
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0107890
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt040042
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0327350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONATIONS (EXPENSES) $37000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK FEES $36
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON WOOTEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST RATE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0871380673
ReturnHeader/Filer/PhoneNum09077278800
ReturnHeader/Filer/USAddress/AddressLine1Txt03150 X STREET SUITE 150
ReturnHeader/Filer/USAddress/CityNm0ANCHORAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099503
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872928763
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0418 E Lakeside Ave Ste 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Coeur DAlene
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083814
ReturnHeader/PreparerPersonGrp/PhoneNum02082853904
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Skyler Kressin
ReturnHeader/ReturnTs02025-11-14T14:38:57-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$179,653
Liabilities
-
Net assets
$179,653
Revenue
$86,989
Expenses
$37,036
Net income
$49,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$1.80$0.87$0.37$0.50
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.52$1.08$0.78$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.40$0.11$0.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • <$500k nonprofits