Civic Intelligence

Bering Straits Foundation

990 • Fiscal year 2020 • EIN 92-0138528

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 11, 2021

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

51st percentile

0.05x

Higher debt load relative to assets than 51% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

0.01x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

28th percentile

-6.2%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

1st percentile

-68%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

104%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$191,658

Down $412,950 (-68%) from 2019

Net Assets

Down

$182,021

Down $42,950 (-19%) from 2019

Liabilities

Down

$9,637

Down $370,000 (-97%) from 2019

Revenue

Up

$695,773

Up $354,686 (+104%) from 2019

Expenses

Up

$738,725

Up $280,884 (+61%) from 2019

Net Income

Up

-$42,952

Up $73,802 (+63%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $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

2020

Assets$191,658
Liabilities$9,637
Net Assets$182,021

Operations Trend

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

2020

Revenue$695,773
Expenses$738,725
Net Income-$42,952
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 11, 2021
Return Version
2020v4.1
Gross Receipts
$695,773
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$572,427$159,477▼ $412,950
Land, Buildings, and Equipment, Net$1,191$1,191→ $0
Total Assets$604,608$191,658▼ $412,950
Other Assets Total$30,990$30,990→ $0
Liabilities
Deferred Revenue$379,637$9,637▼ $370,000
Total Liabilities$379,637$9,637▼ $370,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$224,971$182,021▼ $42,950
Total Net Assets Fund Balance$224,971$182,021▼ $42,950
Total Liabilities and Net Assets / Fund Balance$604,608$191,658▼ $412,950

Asset Categories

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

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
$695,773
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$165,773
Change in Net Assets
$-42,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$723,606
Other Expenses$15,119
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$723,606--$723,606
Fees for Services Accounting-$8,810-$8,810
Office Expenses-$4,884-$4,884
Fees for Services Other-$908-$908
Travel-$259-$259
Other Expenses-$258-$258
Total Functional Expenses$723,606$15,119$0$738,725
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
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 11B

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 2020 return, bering straits foundation will electronically distribute copies of the return to each member of the board.

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.

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.

Filing and Contact Details

Filer

Filer Name
Bering Straits Foundation
EIN
92-0138528
Phone
9074435252
Address
PO BOX 1008, NOME, AK 99762-1008

Signing Officer

Name
Jed Ballard
Title
President
Phone
9074435252
Signed
2021-03-11
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
Nathan Davis
Phone
9072651200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 2.

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 Appendix391 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION SERVES ALASKA NATIVE PEOPLE WHO ARE SHAREHOLDERS OR DESCENDANTS OF THE BSNC AND REGIONAL VILLAGE CORPORATION SEE SCHEDULE O.
IRS990/AllOtherContributionsAmt0165773
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ARIANNA 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/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0572427
IRS990/CashNonInterestBearingGrp/EOYAmt0159477
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd01
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0695773
IRS990/CYGrantsAndSimilarPaidAmt0723606
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt015119
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-42952
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0738725
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0695773
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0379637
IRS990/DeferredRevenueGrp/EOYAmt09637
IRS990/DelegationOfMgmtDutiesInd00
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/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0723606
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08810
IRS990/FeesForServicesAccountingGrp/TotalAmt08810
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0908
IRS990/FeesForServicesOtherGrp/TotalAmt0908
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
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/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0723606
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0723606
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0723606
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0695773
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018607
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01191
IRS990/LandBldgEquipCostOrOtherBssAmt019798
IRS990/LegalDomicileStateCd0AK
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0224971
IRS990/NetAssetsOrFundBalancesEOYAmt0182021
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0224971
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0182021
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04884
IRS990/OfficeExpensesGrp/TotalAmt04884
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030990
IRS990/OtherAssetsTotalGrp/EOYAmt030990
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherExpensesGrp/Desc0DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0258
IRS990/OtherExpensesGrp/TotalAmt0258
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JED BALLARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0341087
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0434033
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt023808
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-116754
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0457841
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0341087
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-42952
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0530000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0BERING STRAITS FOUNDATION MEETS THE FACTS AND CIRCUMSTANCES PUBLICSUPPORT TEST AS ITS PUBLIC SUPPORT IS GREATER THAN 10% OF ITS TOTAL SUPPORT IN 2020. BERING STRAITS FOUNDATION'S AVERAGE PUBLIC SUPPORT TEST FOR THE PAST FIVE YEARS IS 14.77% 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 2020, BSF HAD AN ACTIVE DEVELOPMENT COMMITTEE FOCUSED ON FUNDRAISING THROUGH HEIGHTENED COMMUNITY OUTREACH, SHAREHOLDER RELATIONS, SOCIAL MEDIA, USE OF AMAZONSMILE, AND ELIGIBILITY FOR ALASKA'S PICK.CLICK.GIVEPROGRAM 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/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0695773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0341087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0283945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0140220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0387182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01848207
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.12940
IRS990ScheduleA/PublicSupportPY170Pct00.14850
IRS990ScheduleA/PublicSupportTotal170Amt0239082
IRS990ScheduleA/SubstantialContributorsTotAmt01609125
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0695773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0341087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0283945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0140220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0387182
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01848207
IRS990ScheduleA/TotalSupportAmt01848207
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/ScheduleBRequiredInd01
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt01191
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019798
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt030990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt030990
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ART, BOOK & SLIDE COLLECTION
IRS990ScheduleD/SolicitedAssetsSaleInd00
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0713606
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt25000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0BSF SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ALYESKA SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2TIM TOWARAK SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0421
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt110
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/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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 2020 RETURN, BERING STRAITS FOUNDATION WILL ELECTRONICALLY DISTRIBUTE COPIES OF THE RETURN TO EACH MEMBER OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BERING STRAITS FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST OF SUCH INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BERING 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/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0920042240
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REGIONAL CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BERING STRAITS NATIVE CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03301 C STREET SUITE 400
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0ANCHORAGE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd099503
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0530000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BERING STRAITS NATIVE CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0604608
IRS990/TotalAssetsEOYAmt0191658
IRS990/TotalAssetsGrp/BOYAmt0604608
IRS990/TotalAssetsGrp/EOYAmt0191658
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0695773
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015119
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0723606
IRS990/TotalFunctionalExpensesGrp/TotalAmt0738725
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0379637
IRS990/TotalLiabilitiesEOYAmt09637
IRS990/TotalLiabilitiesGrp/BOYAmt0379637
IRS990/TotalLiabilitiesGrp/EOYAmt09637
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0224971
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0182021
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0723606
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0695773
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0604608
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0191658
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0259
IRS990/TravelGrp/TotalAmt0259
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1008
IRS990/USAddress/CityNm0NOME
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd0997621008
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.BERINGSTRAITS.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JED BALLARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09074435252
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BERING STRAITS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BERI
ReturnHeader/Filer/EIN0920138528
ReturnHeader/Filer/PhoneNum09074435252
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1008
ReturnHeader/Filer/USAddress/CityNm0NOME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd0997621008
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0701 WEST 8TH AVENUE SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANCHORAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099501
ReturnHeader/PreparerPersonGrp/PhoneNum09072651200
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHAN DAVIS
ReturnHeader/ReturnTs02021-03-30T18:25:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BALLARD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2020Detailed filing. Detailed filing data is available for this year.$1.92$0.10$1.82$6.96$7.39$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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