Civic Intelligence

Bering Straits Foundation

990 • Fiscal year 2019 • EIN 92-0138528

Jan 01, 2019 to Dec 31, 2019 • Filed on May 05, 2020

Organization ProfileWWW.BERINGSTRAITS.COM
PO Box 1008Nome, AK 99762-1008

(907) 443-5252

Siviq Scores

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

Liabilities / Assets

88th percentile

0.63x

Higher debt load relative to assets than 88% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

1.11x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

8th percentile

-34%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

91st percentile

71%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$604,608

Up $251,750 (+71%) from 2018

Net Assets

Down

$224,971

Down $116,754 (-34%) from 2018

Liabilities

Up

$379,637

Up $368,504 (+3310%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin8th percentile

Revenue

Up

$341,087

Up $58,229 (+21%) from 2018

Expenses

Up

$457,841

Up $204,215 (+81%) from 2018

Net Income

Down

-$116,754

Down $145,986 (-499%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$800K$600K$400K$200K$0Assets 2010: $270,159Liabilities 2010: $58,279Net Assets 2010: $211,8802010Assets 2011: $184,122Liabilities 2011: $28,619Net Assets 2011: $155,5032011Assets 2012: $237,050Liabilities 2012: $35,145Net Assets 2012: $201,9052012Assets 2013: $368,600Liabilities 2013: $27,587Net Assets 2013: $341,0132013Assets 2014: $426,958Liabilities 2014: $56,774Net Assets 2014: $370,1842014Assets 2015: $471,432Liabilities 2015: $40,062Net Assets 2015: $431,3702015Assets 2016: $530,023Liabilities 2016: $23,819Net Assets 2016: $506,2042016Assets 2017: $540,632Liabilities 2017: $228,139Net Assets 2017: $312,4932017Assets 2018: $352,858Liabilities 2018: $11,133Net Assets 2018: $341,7252018Assets 2019: $604,608Liabilities 2019: $379,637Net Assets 2019: $224,9712019Assets 2020: $191,658Liabilities 2020: $9,637Net Assets 2020: $182,0212020Assets 2021: $58,350Liabilities 2021: $9,637Net Assets 2021: $48,7132021Assets 2022: $84,381Liabilities 2022: $9,637Net Assets 2022: $74,7442022

Highlighted filing

2019

Assets$604,608
Liabilities$379,637
Net Assets$224,971
Open 2019 Filing

Operations Trend

Revenue Growth73rd percentile

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

$1.0M$500K$0-$500KRevenue 2010: $185,971Expenses 2010: $314,487Net Income 2010: -$128,5162010Revenue 2011: $316,565Expenses 2011: $359,857Net Income 2011: -$43,2922011Expenses 2012: $381,1152012Revenue 2013: $477,095Expenses 2013: $337,987Net Income 2013: $139,1082013Revenue 2014: $547,747Expenses 2014: $518,576Net Income 2014: $29,1712014Revenue 2015: $387,839Expenses 2015: $326,653Net Income 2015: $61,1862015Revenue 2016: $387,255Expenses 2016: $312,421Net Income 2016: $74,8342016Revenue 2017: $140,220Expenses 2017: $333,934Net Income 2017: -$193,7142017Revenue 2018: $282,858Expenses 2018: $253,626Net Income 2018: $29,2322018Revenue 2019: $341,087Expenses 2019: $457,841Net Income 2019: -$116,7542019Revenue 2020: $695,773Expenses 2020: $738,725Net Income 2020: -$42,9522020Revenue 2021: $20,282Expenses 2021: $153,590Net Income 2021: -$133,3082021Revenue 2022: $26,030Expenses 2022: $0Net Income 2022: $26,0302022

Highlighted filing

2019

Revenue$341,087
Expenses$457,841
Net Income-$116,754
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 5, 2020
Return Version
2019v5.1
Gross Receipts
$341,087
Mission and Program Overview

Mission

Bering straits foundation's mission is to enrich the lives of our people and strengthen self-sufficiency by supporting educational goals, cultural heritage, and traditional values.

The foundation serves alaska native people who are shareholders or descendants of the bsnc and regional village corporation see schedule o.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$319,149$572,427▲ $253,278
Land, Buildings, and Equipment, Net$1,741$1,191▼ $550
Accounts Receivable$978$0▼ $978
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$352,858$604,608▲ $251,750
Other Assets Total$30,990$30,990→ $0
Liabilities
Deferred Revenue$3,577$379,637▲ $376,060
Other Liabilities$6,560$0▼ $6,560
Accounts Payable and Accrued Expenses$996$0▼ $996
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$11,133$379,637▲ $368,504
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$191,725$224,971▲ $33,246
Net Assets With Donor Restrictions$150,000$0▼ $150,000
Total Net Assets Fund Balance$341,725$224,971▼ $116,754
Total Liabilities and Net Assets / Fund Balance$352,858$604,608▲ $251,750

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,191$18,607$19,798
Other Assets Org$30,990--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$150,000---$150,000
2017$150,000---$150,000
2016$150,000---$150,000
2015$150,000---$150,000
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Jed BallardPresident
Kevin DillardDirector
Lee RyanDirector
Lorena HegdalDirector
Luisa MachucaSecretary/treasurer
Carolyn CrowderVice Preisdent
Revenue and Support

Revenue Composition

Contributions and Grants
$341,087
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$51,087
Change in Net Assets
$-116,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$434,033
Other Expenses$23,808
Total Fundraising Expense$250
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$434,033--$434,033
Fees for Services Accounting-$13,258-$13,258
Fees for Services Other-$6,066-$6,066
Depreciation Depletion-$550-$550
Other Expenses-$67$250$67
Office Expenses-$42-$42
Total Functional Expenses$434,033$23,558$250$457,841
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11A:

“The president or secretary/treasurer of the board reviews the prepared form 990 prior to filing. Although a board meeting will not be held prior to filing the 2019 return, bering straits foundation will electronically distribute copies of the return to each member of the board.”

FORM 990, PART VI, SECTION B, LINE 15:

“Bering straits foundation does not have employees. The president oversees the work of an independently contracted program officer who processes scholarship applicants and fields communcation with students.”

FORM 990, PART VI, SECTION C, LINE 19:

“Bering straits foundation governing documents, conflict of interest policy, and financial statements are provided upon request of such information.”

Filing and Contact Details

Filer

Filer Name
Bering Straits Foundation
EIN
92-0138528
In Care Of
% ARIANNA HAINES
Phone
9074435252
Address
PO BOX 1008, NOME, AK 99762-1008

Signing Officer

Name
Jed Ballard
Title
President
Phone
9072509115
Signed
2020-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jed Ballard
Formed
1991
Legal Domicile
Ak
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Kpmg Llp
Address
701 West 8th Avenue Suite 600, Anchorage, AK 99501
Preparer
William Dapore
Phone
9072651200
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

“The collection contains 28 alaskan books, 5,000 plus slides, audio tapes, and manuscripts documenting a brief unique transitory period in both alaska history and alaska native history. Manuscripts and rights are to be used for scholarly, cultural heritage preservation, and educational purposes.”

Raw XML AppendixShowing 400 of 499 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/BOYAmt0996
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt0978
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION SERVES ALASKA NATIVE PEOPLE WHO ARE SHAREHOLDERS OR DESCENDANTS OF THE BSNC AND REGIONAL VILLAGE CORPORATION SEE SCHEDULE O.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt051087
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ARIANNA HAINES
IRS990/BooksInCareOfDetail/PhoneNum09073348369
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03301 C STREET STE 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANCHORAGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099503
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0319149
IRS990/CashNonInterestBearingGrp/EOYAmt0572427
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0true
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0341087
IRS990/CYGrantsAndSimilarPaidAmt0434033
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt023808
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-116754
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0457841
IRS990/CYTotalFundraisingExpenseAmt0250
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0341087
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt03577
IRS990/DeferredRevenueGrp/EOYAmt0379637
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0550
IRS990/DepreciationDepletionGrp/TotalAmt0550
IRS990/Desc0Provide educational scholarships to qualified Alaska Native students who are shareholders or descendants of the Bering Straits Native Corporation and regional village corporations.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0150000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0434033
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013258
IRS990/FeesForServicesAccountingGrp/TotalAmt013258
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06066
IRS990/FeesForServicesOtherGrp/TotalAmt06066
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.1
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.1
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.1
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.1
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.1
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JED BALLARD
IRS990/Form990PartVIISectionAGrp/PersonNm1CAROLYN CROWDER
IRS990/Form990PartVIISectionAGrp/PersonNm2LUISA MACHUCA
IRS990/Form990PartVIISectionAGrp/PersonNm3Lorena Hegdal
IRS990/Form990PartVIISectionAGrp/PersonNm4Lee Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN DILLARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PREISDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0434033
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0434033
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0434033
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0341087
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018607
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01741
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01191
IRS990/LandBldgEquipCostOrOtherBssAmt019798
IRS990/LegalDomicileStateCd0AK
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BERING STRAITS FOUNDATION'S MISSION IS TO ENRICH THE LIVES OF OUR PEOPLE AND STRENGTHEN SELF-SUFFICIENCY BY SUPPORTING EDUCATIONAL GOALS, CULTURAL HERITAGE, AND TRADITIONAL VALUES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0341725
IRS990/NetAssetsOrFundBalancesEOYAmt0224971
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0191725
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0224971
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt042
IRS990/OfficeExpensesGrp/TotalAmt042
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030990
IRS990/OtherAssetsTotalGrp/EOYAmt030990
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DUES & MEMERSHIPS
IRS990/OtherExpensesGrp/Desc1FUND RAISING EXPENSE
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt0250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt267
IRS990/OtherExpensesGrp/TotalAmt03550
IRS990/OtherExpensesGrp/TotalAmt1275
IRS990/OtherExpensesGrp/TotalAmt267
IRS990/OtherLiabilitiesGrp/BOYAmt06560
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jed Ballard
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0269257
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0227700
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt025926
IRS990/PYOtherRevenueAmt013601
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt029232
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0253626
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0282858
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-116754
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0290000
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BERING STRAITS FOUNDATION MEETS THE FACTS AND CIRCUMSTANCES PUBLIC SUPPORT TEST AS ITS PUBLIC SUPPORT IS GREATER THAN 10% OF ITS TOTAL SUPPORT IN 2019. BERING STRAITS FOUNDATION'S AVERAGE PUBLIC SUPPORT TEST FOR THE PAST FIVE YEARS IS 15.73% UNDER THE BOX 7 TEST. THE FOUNDATION REPRESENTS A PARTICULAR REGION AND APPEALS TO A LIMITED NUMBER OF DONORS. ALSO, BERING STRAITS FOUNDATION HAS DEFINITIVE PROGRAMS RELATING TO PRESERVING ALASKAN NATIVE CULTURE AND PROVIDING EDUCATIONAL OPPORTUNITIES WHICH ACCOMPLISH ITS CHARITABLE WORK WITHIN THE COMMUNITY. In 2019, BSF had an active development committee focused on fundraising through heightened community outreach, shareholder relations, social media, use of AmazonSmile, and eligibility for Alaskas Pick.Click.Give program for eligible non-profits. BSF achieved its fundraising goal and will continue to build on the success of these efforts to achieve greater sustainability and impact for the people of the Bering Straits Region.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0341087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0283945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0387182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0366661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01519095
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.14852
IRS990ScheduleA/PublicSupportPY170Pct00.15352
IRS990ScheduleA/PublicSupportTotal170Amt0225623
IRS990ScheduleA/SubstantialContributorsTotAmt01293472
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0341087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0283945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0140220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0387182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0366661
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01519095
IRS990ScheduleA/TotalSupportAmt01519095
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0150000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0150000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0150000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0150000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0150000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0150000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0150000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0150000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01191
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019798
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt030990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt030990
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ART, BOOK & SLIDE COLLECTION
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COLLECTION CONTAINS 28 ALASKAN BOOKS, 5,000 PLUS SLIDES, AUDIO TAPES, AND MANUSCRIPTS DOCUMENTING A BRIEF UNIQUE TRANSITORY PERIOD IN BOTH ALASKA HISTORY AND ALASKA NATIVE HISTORY. MANUSCRIPTS AND RIGHTS ARE TO BE USED FOR SCHOLARLY, CULTURAL HERITAGE PRESERVATION, AND EDUCATIONAL PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01191
IRS990ScheduleD/TotalBookValueOtherAssetsAmt030990
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0420533
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt18500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt25000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0BSF Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Alyeska Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Tim Towarak Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0266
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt118
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BERING STRAITS FOUNDATION UTILIZES A DATABASE TO RECEIVE APPLICATIONS REQUIRED DOCUMENTATION AND TRACK AWARDS. AWARDS ARE GRANTED BASED ON A STUDENT'S TIMELY/COMPLETE PREVIOUS CUMULATIVE GPA FOR NEW STUDENTS, PREVIOUS SEMESTER GPA FOR CONTINUING STUDENTS, FULL-TIME/PART-TIME STATUS, AND AVAILABLE FUNDING. IF A STUDENT DOES NOT COMPLETE PREVIOUSLY FUNDED COURSES, HE OR SHE MAY EITHER BE PLACED ON PROBATIIONARY STATUS OR NOT AWARDED A SCHOLARSHIP FOR ONE SEMESTER.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2 :
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OR SECRETARY/TREASURER OF THE BOARD REVIEWS THE PREPARED FORM 990 PRIOR TO FILING. ALTHOUGH A BOARD MEETING WILL NOT BE HELD PRIOR TO FILING THE 2019 RETURN, BERING STRAITS FOUNDATION WILL ELECTRONICALLY DISTRIBUTE COPIES OF THE RETURN TO EACH MEMBER OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BERING STRAITS FOUNDATION DOES NOT HAVE EMPLOYEES. THE PRESIDENT OVERSEES THE WORK OF AN INDEPENDENTLY CONTRACTED PROGRAM OFFICER WHO PROCESSES SCHOLARSHIP APPLICANTS AND FIELDS COMMUNCATION WITH STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BERING STRAITS FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST OF SUCH INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0920042240
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Regional Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Bering Straits Native Corporation
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03301 C Street Suite 400
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0ANCHORAGE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd099503
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false

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
$604,608
Liabilities
$379,637
Net assets
$224,971
Revenue
$341,087
Expenses
$457,841
Net income
-$116,754
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.10$0.75$0.26$0.00$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.10$0.49$0.20$1.54$1.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.10$1.82$6.96$7.39$0.43
2019Detailed filing. Detailed filing data is available for this year.$6.05$3.80$2.25$3.41$4.58$1.17
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.11$3.42$2.83$2.54$0.29
2017Summary only. Only limited summary data is available for this year.$5.41$2.28$3.12$1.40$3.34$1.94
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.24$5.06$3.87$3.12$0.75
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.71$0.40$4.31$3.88$3.27$0.61
2014Detailed filing. Detailed filing data is available for this year.$4.27$0.57$3.70$5.48$5.19$0.29
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$0.28$3.41$4.77$3.38$1.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.35$2.02$3.81
2011Summary only. Only limited summary data is available for this year.$1.84$0.29$1.56$3.17$3.60$0.43
2010Summary only. Only limited summary data is available for this year.$2.70$0.58$2.12$1.86$3.14$1.29