Civic Intelligence

Bering Straits Foundation

990 • Fiscal year 2018 • EIN 92-0138528

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 15, 2019

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

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

93rd percentile

102%

Faster revenue growth than 93% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$352,858

Down $187,774 (-35%) from 2017

Net Assets

Up

$341,725

Up $29,232 (+9.4%) from 2017

Liabilities

Down

$11,133

Down $217,006 (-95%) from 2017

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin64th percentile

Revenue

Up

$282,858

Up $142,638 (+102%) from 2017

Expenses

Down

$253,626

Down $80,308 (-24%) from 2017

Net Income

Up

$29,232

Up $222,946 (+115%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2018

Assets$352,858
Liabilities$11,133
Net Assets$341,725
Open 2018 Filing

Operations Trend

Revenue Growth93rd 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

2018

Revenue$282,858
Expenses$253,626
Net Income$29,232
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 15, 2019
Return Version
2018v3.1
Gross Receipts
$283,945
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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$504,545$319,149▼ $185,396
Land, Buildings, and Equipment, Net$4,997$1,741▼ $3,256
Accounts Receivable$100$978▲ $878
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$540,632$352,858▼ $187,774
Other Assets Total$30,990$30,990→ $0
Liabilities
Other Liabilities$14,356$6,560▼ $7,796
Deferred Revenue$3,577$3,577→ $0
Accounts Payable and Accrued Expenses$210,206$996▼ $209,210
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$228,139$11,133▼ $217,006
Net Assets / Fund Balance
Unrestricted Net Assets$162,493$191,725▲ $29,232
Permanently Rstr Net Assets$150,000$150,000→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$312,493$341,725▲ $29,232
Total Liabilities and Net Assets / Fund Balance$540,632$352,858▼ $187,774

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,741$18,057$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
2014$150,000---$150,000
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Tabetha ToloffPresident
Carolyn J CrowderVice-chair
Kirsten TimbersDirector
Lee RyanDirector
Lorena HegdalDirector
Clara LangtonSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$269,257
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$13,601
All Other Contributions
$28,704
Change in Net Assets
$29,232

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art32$9,788Cost
Clothing and Household Goods-$690Cost
Food Inventory1$450Cost
Total Noncash Contributions33$10,928-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$227,700
Other Expenses$25,926
Total Fundraising Expense$250
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$227,700--$227,700
Fees for Services Accounting$1,275$11,216-$12,491
Fees for Services Other$6,732--$6,732
Depreciation Depletion$2,657$600-$3,257
Office Expenses$797$199-$996
Other Expenses$500$100$250$500
Total Functional Expenses$241,261$12,115$250$253,626
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,688
Fundraising Direct Expenses$1,087
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Auction$40,241$14,688$1,087$13,601
Total Events$40,241$14,688$1,087$13,601
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$6,560
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 2018 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
% TABETHA TOLOFF
Phone
9074435252
Address
PO BOX 1008, NOME, AK 99762-1008

Signing Officer

Name
Tabetha Toloff
Title
President
Phone
9072509115
Signed
2019-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tabetha Toloff
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
Julie Schrecengos
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. Part v line 4: permanently restricted net assets - represent an endowment contributed to the foundation by bering straits native corporation. Earnings on the endowment are to be used for the daily operations of the foundation, the endowment is managed consistent with, and commingled with, all other investments of the foundation. As of december 31 2018 and 2017, the permanently restricted net assets in the amount of $150,000.”

Raw XML AppendixShowing 400 of 526 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.

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IRS990/OtherExpensesGrp/TotalAmt1250
IRS990/OtherExpensesGrp/TotalAmt2500
IRS990/OtherLiabilitiesGrp/BOYAmt014356
IRS990/OtherLiabilitiesGrp/EOYAmt06560
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/PermanentlyRstrNetAssetsGrp/BOYAmt0150000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0150000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0TABETHA TOLOFF
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0140105
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0292850
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt019649
IRS990/PYOtherRevenueAmt0115
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-193714
IRS990/PYSalariesCompEmpBnftPaidAmt021435
IRS990/PYTotalExpensesAmt0333934
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0140220
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt029232
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0215000
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 2018. BERING STRAITS FOUNDATION'S AVERAGE PUBLIC SUPPORT TEST FOR THE PAST FIVE YEARS IS 15.96% 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 2018, BSF had an active development committee focused on fundraising through a signature event, 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/CurrentTaxYearAmt0283945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0387182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0366661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0537422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01715430
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.15352
IRS990ScheduleA/PublicSupportPY170Pct00.12891
IRS990ScheduleA/PublicSupportTotal170Amt0263357
IRS990ScheduleA/SubstantialContributorsTotAmt01452073
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0283945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0387182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0366661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0537422
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01715430
IRS990ScheduleA/TotalSupportAmt01715430
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0150000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0150000
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/BookValueAmt01741
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018057
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019798
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt030990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt030990
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ART, BOOK & SLIDE COLLECTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
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. PART V LINE 4: PERMANENTLY RESTRICTED NET ASSETS - REPRESENT AN ENDOWMENT CONTRIBUTED TO THE FOUNDATION BY BERING STRAITS NATIVE CORPORATION. EARNINGS ON THE ENDOWMENT ARE TO BE USED FOR THE DAILY OPERATIONS OF THE FOUNDATION, THE ENDOWMENT IS MANAGED CONSISTENT WITH, AND COMMINGLED WITH, ALL OTHER INVESTMENTS OF THE FOUNDATION. AS OF DECEMBER 31 2018 AND 2017, THE PERMANENTLY RESTRICTED NET ASSETS IN THE AMOUNT OF $150,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01741
IRS990ScheduleD/TotalBookValueOtherAssetsAmt030990
IRS990ScheduleD/TotalLiabilityAmt06560
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025553
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt025553
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01087
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Art Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt040241
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040241
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014688
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt014688
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013601
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0220700
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt17000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0BSF Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Alyeska Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0244
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt113
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 APPLICATION, 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
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0690
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0450
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990ScheduleM/WorksOfArtGrp/ContributionCnt032
IRS990ScheduleM/WorksOfArtGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/WorksOfArtGrp/NonCashCheckboxInd0X
IRS990ScheduleM/WorksOfArtGrp/NoncashContributionsRptF990Amt09788
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 2018 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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$352,858
Liabilities
$11,133
Net assets
$341,725
Revenue
$282,858
Expenses
$253,626
Net income
$29,232
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
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
2018Detailed filing. Detailed filing data is available for this year.$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