Civic Intelligence

Assets Incorporated

990 • Fiscal year 2019 • EIN 92-0076696

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 26, 2020

Organization Profilewww.assetsinc.org

View Organization Page

2330 Nichols StAnchorage, AK 99508

(907) 334-8622

Siviq Scores

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

Liabilities / Assets

38th percentile

0.10x

Higher debt load relative to assets than 38% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

25th percentile

0.08x

Higher debt load relative to revenue than 25% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

61st percentile

6.8%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

11th percentile

-7.0%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

6.2%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets38th percentile

Assets

Down

$12,820,835

Down $961,851 (-7.0%) from 2018

Net Assets

Up

$11,497,061

Up $1,274,945 (+12%) from 2018

Liabilities

Down

$1,323,774

Down $2,236,796 (-63%) from 2018

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin61st percentile

Revenue

Up

$16,811,335

Up $974,365 (+6.2%) from 2018

Expenses

Down

$15,675,145

Down $887,668 (-5.4%) from 2018

Net Income

Up

$1,136,190

Up $1,862,033 (+257%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $10,127,719Liabilities 2010: $1,120,206Net Assets 2010: $9,007,5132010Assets 2011: $10,848,747Liabilities 2011: $1,110,534Net Assets 2011: $9,738,2132011Assets 2012: $11,587,625Liabilities 2012: $1,036,375Net Assets 2012: $10,551,2502012Assets 2013: $12,415,312Liabilities 2013: $1,284,694Net Assets 2013: $11,130,6182013Assets 2014: $13,368,689Liabilities 2014: $1,318,824Net Assets 2014: $12,049,8652014Assets 2015: $13,575,617Liabilities 2015: $1,419,596Net Assets 2015: $12,156,0212015Assets 2016: $13,387,735Liabilities 2016: $1,909,365Net Assets 2016: $11,478,3702016Assets 2017: $12,888,690Liabilities 2017: $1,140,731Net Assets 2017: $11,747,9592017Assets 2018: $13,782,686Liabilities 2018: $3,560,570Net Assets 2018: $10,222,1162018Assets 2019: $12,820,835Liabilities 2019: $1,323,774Net Assets 2019: $11,497,0612019Assets 2020: $13,411,219Liabilities 2020: $3,130,840Net Assets 2020: $10,280,3792020Assets 2021: $18,256,017Liabilities 2021: $6,290,859Net Assets 2021: $11,965,1582021Assets 2022: $12,175,098Liabilities 2022: $31,269Net Assets 2022: $12,143,8292022Assets 2023: $12,418,078Liabilities 2023: $113,016Net Assets 2023: $12,305,0622023Assets 2024: $10,762,526Liabilities 2024: $1,795,089Net Assets 2024: $8,967,4372024Assets 2025: $9,353,254Liabilities 2025: $1,359,223Net Assets 2025: $7,994,0312025

Highlighted filing

2019

Assets$12,820,835
Liabilities$1,323,774
Net Assets$11,497,061
Open 2019 Filing

Operations Trend

Revenue Growth57th percentile

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

$20M$10M$0-$10MExpenses 2010: $15,711,0502010Expenses 2011: $16,740,6612011Expenses 2012: $16,223,2342012Expenses 2013: $16,821,6102013Revenue 2014: $18,288,568Expenses 2014: $17,482,072Net Income 2014: $806,4962014Revenue 2015: $18,920,714Expenses 2015: $18,636,562Net Income 2015: $284,1522015Revenue 2016: $18,347,972Expenses 2016: $18,940,996Net Income 2016: -$593,0242016Revenue 2017: $18,378,071Expenses 2017: $18,108,482Net Income 2017: $269,5892017Revenue 2018: $15,836,970Expenses 2018: $16,562,813Net Income 2018: -$725,8432018Revenue 2019: $16,811,335Expenses 2019: $15,675,145Net Income 2019: $1,136,1902019Revenue 2020: $14,714,298Expenses 2020: $15,992,996Net Income 2020: -$1,278,6982020Revenue 2021: $16,116,632Expenses 2021: $14,845,633Net Income 2021: $1,270,9992021Revenue 2022: $14,279,627Expenses 2022: $14,372,015Net Income 2022: -$92,3882022Revenue 2023: $14,025,803Expenses 2023: $13,835,202Net Income 2023: $190,6012023Revenue 2024: $13,596,141Expenses 2024: $14,896,262Net Income 2024: -$1,300,1212024Revenue 2025: $14,504,489Expenses 2025: $15,465,397Net Income 2025: -$960,9082025

Highlighted filing

2019

Revenue$16,811,335
Expenses$15,675,145
Net Income$1,136,190
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 26, 2020
Return Version
2018v3.1
Gross Receipts
$23,077,047
Mission and Program Overview

Mission

Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,349,994$6,536,705▲ $186,711
Accounts Receivable$1,675,641$3,628,086▲ $1,952,445
Land, Buildings, and Equipment, Net$1,573,703$1,617,992▲ $44,289
Savings and Temporary Cash Investments$3,446,191$427,470▼ $3,018,721
Cash and Non-Interest-Bearing Accounts$555,749$403,679▼ $152,070
Prepaid Expenses and Deferred Charges$111,989$128,057▲ $16,068
Inventories for Sale or Use$30,438$45,921▲ $15,483
Pledges and Grants Receivable$38,981$32,925▼ $6,056
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$13,782,686$12,820,835▼ $961,851
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,129,803$1,311,874▲ $182,071
Other Liabilities$2,430,767$11,900▼ $2,418,867
Total Liabilities$3,560,570$1,323,774▼ $2,236,796
Net Assets / Fund Balance
Unrestricted Net Assets$10,222,116$11,497,061▲ $1,274,945
Total Net Assets Fund Balance$10,222,116$11,497,061▲ $1,274,945
Total Liabilities and Net Assets / Fund Balance$13,782,686$12,820,835▼ $961,851

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$434,715$1,862,821$2,297,536
Buildings$1,154,701$202,954$1,357,655
Leasehold Improvements$27,000$654,154$681,154
Other Land Buildings$1,576$488,734$490,310
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew JonesCEOFT$131,364$17,344$148,708
Chuck AlmasyCOOFT$104,808$18,464$123,272
Lisa GreenFinance DirectoFT$70,009$10,231$80,240

Board Members and Trustees

NameTitle
Lara BakerChairman
Vince WithingtonVice Chair/Trea
Brenda DutyBoard Member
Dawn Alle-HerronBoard Member
Jan AbbottBoard Member
Sam MoralesBoard Member
Travers GeeBoard Member
Faith MyersSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Denali Services of Alaska LLCSnow Plowing7200 Old Harbor Ave, Anchorage, AK 99504$154,335
Revenue and Support

Revenue Composition

Contributions and Grants
$771,403
Program Service Revenue
$15,599,932
Investment Income
$271,758
Other Revenue
$168,242
All Other Contributions
$4,030
Change in Net Assets
$1,136,190

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,811,335
Revenue Not Reported on Form 990
$138,755
Total Revenue per Audited Statements
$16,950,090
Total Revenue per Form 990
$16,811,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,094,531
Other Expenses$3,580,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,471,608$1,217,100-$8,688,708
Other Employee Benefits$1,748,593$273,017-$2,021,610
Payroll Taxes$855,387$133,556-$988,943
Occupancy$474,285$255,142-$729,427
Fees for Services Other$270,802$149,205-$420,007
Current Officers, Directors, Trustees, and Key Employees$299,266$48,750-$348,016
Depreciation Depletion$117,155$69,552-$186,707
Office Expenses$137,040$31,884-$168,924
Travel$131,200$24,933-$156,133
Other Expenses$123,893$28,826-$152,719
All Other Expenses$63,783$88,140-$151,923
Insurance-$128,035-$128,035
Pension Plan Contributions$40,872$6,382-$47,254
Fees for Service Investment Mgmnt Fees$12,784$30,244-$43,028
Fees for Services Accounting$8,529$21,534-$30,063
Fees for Services Legal$4,979$12,570-$17,549
Advertising$9,249--$9,249
Total Functional Expenses$13,083,959$2,591,186$0$15,675,145

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,675,145
Total Expenses per Audited Statements$15,675,145
Total Expenses per Form 990$15,675,145
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$11,900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The finance director reconciles the numbers on the form 990 to the audited financial statements and reviews the narrative for accuracy.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“When an item comes before the board of directors in which a director, a member of a director's immediate family, the director's employer, and/or any organization with which the director is associated has a direct private or business interest, the affected director shall so state and shall refrain from voting and participating in the board of director's discussion on the matter. The director's abstention from voting and the stated reason shall be recorded in the minutes. A director who knowingly fails to state a conflict of interest and fails to abstain from voting shall be subject to removal from the board in accordance with the provisions of the conflict of interest policy. A director unsure of a conflict of interest may state his or her apparent conflict and ask for a discussion and a vote on the question of the conflict by the other members of the board of directors. If the vote is unanimous, the director may proceed to participate in the discussion and vote on the matter in question.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Assets utilizes a 360 degree evaluation of employees and peers, reviews strategic plan objective accomplishments, and utilizes a compensation plan developed by a consultant and based on state and national benchmarks. Compensation levels were evaluated for all positions within the company utilizing these tools. The executive Director's compensation was last evaluated in 2014. In 2008 assets hired a compensation consultant to review all job descriptions and create a pay range structure based on job description and market survey data. All employees are compensated within the range which was established for their position. The executive director determines compensation for key employees within the ranges based on performance and company budget. The executive director consults with the HR director (performance) and the finance director (budget) to help decide the appropriateness of increases . The most recent reviews and changes in compensation based on merit were in 2014.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Assets utilizes a 360 degree evaluation of employees and peers, reviews strategic plan objective accomplishments, and utilizes a compensation plan developed by a consultant and based on state and national benchmarks. Compensation levels were evaluated for all positions within the company utilizing these tools. The executive Director's compensation was last evaluated in 2014. In 2008 assets hired a compensation consultant to review all job descriptions and create a pay range structure based on job description and market survey data. All employees are compensated within the range which was established for their position. The executive director determines compensation for key employees within the ranges based on performance and company budget. The executive director consults with the HR director (performance) and the finance director (budget) to help decide the appropriateness of increases . The most recent reviews and changes in compensation based on merit were in 2014.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Assets Inc
EIN
92-0076696
Phone
9073348622
Address
2330 Nichols St, Anchorage, AK 99508

Signing Officer

Name
Lisa Green
Title
Finance Director
Signed
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Jones
Formed
1980
Legal Domicile
Ak
Voting Board Members
8
Independent Board Members
8
Employees
446
Volunteers
8

Preparer

Firm
Altman Rogers & Co
Address
3000 C Street Suite 201, Anchorage, AK 99503
Preparer
Tom J Domagala CPA
Phone
9072742992
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Assets, Inc. is a nonprofit corporation exempt from income taxation under Section 501(c)(3) of the Internal Revenue Code. Although the Organization is exempt from federal income taxes, any income derived from unrelated business activities is subject to the requirement of filing Federal Income Tax Form 990-T and a tax liability may be determined on these activities. The Organization had no income derived from unrelated business activities as of June 30, 2019 or 2018.The organization believes it is in compliance with all applicable laws; however upon audit by a taxing authority, if amounts are found due, the company may be liable for such taxes. Management has analyzed the companys tax positions taken on Federal income tax returns for all open tax years and has concluded that, as of June 30, 2019, no liabilities are required to be recorded in connection with such tax positions in the organizations financial statements. The fiscal 2016 through 2018 tax years remain open for examination by the taxing authorities. The organization is not under examination by the internal revenue service for any open tax years.”

Raw XML AppendixShowing 400 of 564 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01129803
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01311874
IRS990/AccountsReceivableGrp/BOYAmt01675641
IRS990/AccountsReceivableGrp/EOYAmt03628086
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services.
IRS990/AdvertisingGrp/ProgramServicesAmt09249
IRS990/AdvertisingGrp/TotalAmt09249
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt04030
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt088140
IRS990/AllOtherExpensesGrp/ProgramServicesAmt063783
IRS990/AllOtherExpensesGrp/TotalAmt0151923
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Lisa Green
IRS990/BooksInCareOfDetail/PhoneNum09073348622
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02330 Nichols St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Anchorage
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099508
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0555749
IRS990/CashNonInterestBearingGrp/EOYAmt0403679
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt048750
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0299266
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0348016
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0154335
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07200 Old Harbor Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Anchorage
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd099504
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Denali Services of Alaska LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Snow Plowing
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0771403
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0271758
IRS990/CYOtherExpensesAmt03580614
IRS990/CYOtherRevenueAmt0168242
IRS990/CYProgramServiceRevenueAmt015599932
IRS990/CYRevenuesLessExpensesAmt01136190
IRS990/CYSalariesCompEmpBnftPaidAmt012094531
IRS990/CYTotalExpensesAmt015675145
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt016811335
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt069552
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0117155
IRS990/DepreciationDepletionGrp/TotalAmt0186707
IRS990/Desc0Contract Services - Assets has achieved the employment of approximately 150 individuals with cognitive or intellectual disabilities by directly employing persons with disabilities to provide the operations of several federal, state, and private contracts the organization operates within the community.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0446
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt07116441
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FederatedCampaignsAmt06694
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021534
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08529
IRS990/FeesForServicesAccountingGrp/TotalAmt030063
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012570
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt04979
IRS990/FeesForServicesLegalGrp/TotalAmt017549
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0149205
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0270802
IRS990/FeesForServicesOtherGrp/TotalAmt0420007
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt030244
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt012784
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt043028
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt817344
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt918464
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1010231
IRS990/Form990PartVIISectionAGrp/PersonNm0Lara Baker
IRS990/Form990PartVIISectionAGrp/PersonNm1Vince Withington
IRS990/Form990PartVIISectionAGrp/PersonNm2Faith Myers
IRS990/Form990PartVIISectionAGrp/PersonNm3Jan Abbott
IRS990/Form990PartVIISectionAGrp/PersonNm4Sam Morales
IRS990/Form990PartVIISectionAGrp/PersonNm5Brenda Duty
IRS990/Form990PartVIISectionAGrp/PersonNm6Travers Gee
IRS990/Form990PartVIISectionAGrp/PersonNm7Dawn Alle-Herron
IRS990/Form990PartVIISectionAGrp/PersonNm8Matthew Jones
IRS990/Form990PartVIISectionAGrp/PersonNm9Chuck Almasy
IRS990/Form990PartVIISectionAGrp/PersonNm10Lisa Green
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8131364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9104808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1070009
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair/Trea
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10Finance Directo
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-15462
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0760679
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06250250
IRS990/GrossReceiptsAmt023077047
IRS990/GrossRentsGrp/RealAmt0115450
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0128035
IRS990/InsuranceGrp/TotalAmt0128035
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt030438
IRS990/InventoriesForSaleOrUseGrp/EOYAmt045921
IRS990/InvestmentIncomeGrp/ExclusionAmt0287220
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0287220
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06349994
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06536705
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03208663
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01573703
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01617992
IRS990/LandBldgEquipCostOrOtherBssAmt04826655
IRS990/LegalDomicileStateCd0AK
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06265712
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010222116
IRS990/NetAssetsOrFundBalancesEOYAmt011497061
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-15462
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-15462
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0115450
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0115450
IRS990/NetUnrlzdGainsLossesInvstAmt0138755
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0255142
IRS990/OccupancyGrp/ProgramServicesAmt0474285
IRS990/OccupancyGrp/TotalAmt0729427
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031884
IRS990/OfficeExpensesGrp/ProgramServicesAmt0137040
IRS990/OfficeExpensesGrp/TotalAmt0168924
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0273017
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01748593
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02021610
IRS990/OtherExpensesGrp/Desc0Foster Care
IRS990/OtherExpensesGrp/Desc1Program Operating
IRS990/OtherExpensesGrp/Desc2SourceAmerica Fees
IRS990/OtherExpensesGrp/Desc3Raw Materials
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036630
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt135686
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt228826
IRS990/OtherExpensesGrp/ProgramServicesAmt01003718
IRS990/OtherExpensesGrp/ProgramServicesAmt1157435
IRS990/OtherExpensesGrp/ProgramServicesAmt2153381
IRS990/OtherExpensesGrp/ProgramServicesAmt3123893
IRS990/OtherExpensesGrp/TotalAmt01003718
IRS990/OtherExpensesGrp/TotalAmt1194065
IRS990/OtherExpensesGrp/TotalAmt2189067
IRS990/OtherExpensesGrp/TotalAmt3152719
IRS990/OtherLiabilitiesGrp/BOYAmt02430767
IRS990/OtherLiabilitiesGrp/EOYAmt011900
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt052792
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt052792
IRS990/OtherRevenueTotalAmt052792
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01217100
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07471608
IRS990/OtherSalariesAndWagesGrp/TotalAmt08688708
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0133556
IRS990/PayrollTaxesGrp/ProgramServicesAmt0855387
IRS990/PayrollTaxesGrp/TotalAmt0988943
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06382
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt040872
IRS990/PensionPlanContributionsGrp/TotalAmt047254
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt038981
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt032925
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0111989
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0128057
IRS990/PrincipalOfficerNm0Matthew Jones
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0621400
IRS990/ProgramServiceRevenueGrp/BusinessCd1721000
IRS990/ProgramServiceRevenueGrp/Desc0Home and Comm. Service
IRS990/ProgramServiceRevenueGrp/Desc1Enclave Contracts
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07913979
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17685953
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07913979
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17685953
IRS990/ProgSrvcAccomActy2Grp/Desc0Supported Living Services - skill building, coaching, and resource coordination to assist individuals to live in their own homes.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05967518
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07913979
IRS990/ProgSrvcAccomActy3Grp/Desc0Supported Employment - assists individuals to obtain and retain employment within local businesses. Currently works with over 40 local employers.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01163853
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0152738
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03946487
IRS990/PYOtherRevenueAmt0199839
IRS990/PYProgramServiceRevenueAmt014320540
IRS990/PYRevenuesLessExpensesAmt0-725843
IRS990/PYSalariesCompEmpBnftPaidAmt012616326
IRS990/PYTotalExpensesAmt016562813
IRS990/PYTotalRevenueAmt015836970
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01136190
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0115450
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07685953
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03446191
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0427470
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0771403
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01163853
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01575706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01623304
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01662606
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06796872
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt0345442
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt0345442
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt0690884
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0402670
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0396974
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0178593
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0191025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0185250
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01354512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015599932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt013975098
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016395684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016429783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt016967287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt079367784
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0402670

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,820,835
Liabilities
$1,323,774
Net assets
$11,497,061
Revenue
$16,811,335
Expenses
$15,675,145
Net income
$1,136,190
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.35$1.36$7.99$14.5$15.5$0.96
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$1.80$8.97$13.6$14.9$1.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.11$12.3$14.0$13.8$0.19
2022Detailed filing. Detailed filing data is available for this year.$12.2$0.03$12.1$14.3$14.4$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$6.29$12.0$16.1$14.8$1.27
2020Detailed filing. Detailed filing data is available for this year.$13.4$3.13$10.3$14.7$16.0$1.28
2019Detailed filing. Detailed filing data is available for this year.$12.8$1.32$11.5$16.8$15.7$1.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$3.56$10.2$15.8$16.6$0.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$1.14$11.7$18.4$18.1$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$1.91$11.5$18.3$18.9$0.59
2015Detailed filing. Detailed filing data is available for this year.$13.6$1.42$12.2$18.9$18.6$0.28
2014Detailed filing. Detailed filing data is available for this year.$13.4$1.32$12.0$18.3$17.5$0.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$1.28$11.1$16.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$1.04$10.6$16.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$1.11$9.74$16.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$1.12$9.01$15.7