Civic Intelligence

Homer Foundation

990 • Fiscal year 2024 • EIN 92-0139183

Jul 01, 2023 to Jun 30, 2024 • Filed on May 05, 2025

PO Box 2600Homer, AK 99603-2600

(907) 235-0541

Siviq Scores

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

Liabilities / Assets

39th percentile

0.06x

Higher debt load relative to assets than 39% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.21x

Higher debt load relative to revenue than 56% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$77,293

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

77%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,101,020

Up $1,168,962 (+20%) from 2023

Net Assets

Up

$6,669,120

Up $1,089,232 (+20%) from 2023

Liabilities

Up

$431,900

Up $79,730 (+23%) from 2023

Revenue

Up

$2,079,032

Up $904,549 (+77%) from 2023

Expenses

Up

$1,130,176

Up $449,835 (+66%) from 2023

Net Income

Up

$948,856

Up $454,714 (+92%) from 2023

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,219,651Liabilities 2011: $397,648Net Assets 2011: $1,822,0032011Assets 2012: $2,445,620Liabilities 2012: $395,063Net Assets 2012: $2,050,5572012Assets 2013: $2,056,567Liabilities 2013: $305,346Net Assets 2013: $1,751,2212013Assets 2014: $2,576,721Liabilities 2014: $395,173Net Assets 2014: $2,181,5482014Assets 2015: $2,130,554Liabilities 2015: $354,238Net Assets 2015: $1,776,3162015Assets 2016: $2,911,390Liabilities 2016: $404,054Net Assets 2016: $2,507,3362016Assets 2017: $2,552,281Liabilities 2017: $332,167Net Assets 2017: $2,220,1142017Assets 2018: $2,520,903Liabilities 2018: $332,459Net Assets 2018: $2,188,4442018Assets 2019: $2,977,547Liabilities 2019: $310,077Net Assets 2019: $2,667,4702019Assets 2020: $3,202,250Liabilities 2020: $303,848Net Assets 2020: $2,898,4022020Assets 2021: $5,466,034Liabilities 2021: $383,680Net Assets 2021: $5,082,3542021Assets 2022: $5,061,813Liabilities 2022: $397,454Net Assets 2022: $4,664,3592022Assets 2023: $5,932,058Liabilities 2023: $352,170Net Assets 2023: $5,579,8882023Assets 2024: $7,101,020Liabilities 2024: $431,900Net Assets 2024: $6,669,1202024

Highlighted filing

2024

Assets$7,101,020
Liabilities$431,900
Net Assets$6,669,120

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $922,451Expenses 2011: $345,818Net Income 2011: $576,6332011Expenses 2012: $532,2822012Revenue 2013: $483,495Expenses 2013: $344,519Net Income 2013: $138,9762013Revenue 2014: $273,081Expenses 2014: $354,446Net Income 2014: -$81,3652014Revenue 2015: $99,397Expenses 2015: $272,436Net Income 2015: -$173,0392015Revenue 2016: $262,982Expenses 2016: $249,800Net Income 2016: $13,1822016Revenue 2017: $672,887Expenses 2017: $527,463Net Income 2017: $145,4242017Revenue 2018: $399,372Expenses 2018: $444,609Net Income 2018: -$45,2372018Revenue 2019: $715,245Expenses 2019: $317,833Net Income 2019: $397,4122019Revenue 2020: $646,179Expenses 2020: $492,846Net Income 2020: $153,3332020Revenue 2021: $1,921,165Expenses 2021: $478,221Net Income 2021: $1,442,9442021Revenue 2022: $1,139,520Expenses 2022: $635,043Net Income 2022: $504,4772022Revenue 2023: $1,174,483Expenses 2023: $680,341Net Income 2023: $494,1422023Revenue 2024: $2,079,032Expenses 2024: $1,130,176Net Income 2024: $948,8562024

Highlighted filing

2024

Revenue$2,079,032
Expenses$1,130,176
Net Income$948,856
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 5, 2025
Return Version
2023v6.0
Gross Receipts
$2,079,676
Mission and Program Overview

Mission

To enhance the quality of life for the citizens of the greater homer area by promoting philanthropic and charitable activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,684,953$6,920,068▲ $1,235,115
Pledges and Grants Receivable$52,000$103,350▲ $51,350
Cash and Non-Interest-Bearing Accounts$31,697$65,594▲ $33,897
Inventories for Sale or Use$12,639$11,995▼ $644
Prepaid Expenses and Deferred Charges$2,250--
Savings and Temporary Cash Investments$148,519$13▼ $148,506
Total Assets$5,932,058$7,101,020▲ $1,168,962
Liabilities
Other Liabilities$337,037$377,854▲ $40,817
Accounts Payable and Accrued Expenses$5,128$30,536▲ $25,408
Grants Payable$10,005$22,005▲ $12,000
Deferred Revenue-$1,505-
Total Liabilities$352,170$431,900▲ $79,730
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,946,513$6,669,120▲ $1,722,607
Net Assets With Donor Restrictions$633,375--
Total Net Assets Fund Balance$5,579,888$6,669,120▲ $1,089,232
Total Liabilities and Net Assets / Fund Balance$5,932,058$7,101,020▲ $1,168,962

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$531,482---$531,482
2022$494,447$2,800▲ $49,561-$531,482
2021$534,909$57,775▼ $90,216-$494,447
2020$90,813$423,781▲ $22,977-$534,909
2019$88,062$971▲ $4,488-$90,813
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MillerExecutive DiFT$74,320$2,973$77,293

Board Members and Trustees

NameTitle
Paul SeatonCGC Chair
Denise PitzmanPresident
Van HawkinsDirector
Doug BailyTrustee
Liz DowningTrustee
Sara ReinertTrustee
Tom ZitzmannTrustee
William BellTrustee
Ken TaylorSecretary
Paula MartinTreasurer, V
Revenue and Support

Revenue Composition

Contributions and Grants
$798,255
Program Service Revenue
$0
Investment Income
$684,408
Other Revenue
$596,369
All Other Contributions
$773,255
Change in Net Assets
$948,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$540,016
Grants and Similar Amounts Paid$424,884
Salaries, Compensation, and Employee Benefits$165,276
Total Fundraising Expense$3,682
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$229,513--$229,513
Grants to Domestic Individuals$195,371--$195,371
Current Officers, Directors, Trustees, and Key Employees-$77,573-$77,573
Other Salaries and Wages-$60,833-$60,833
Fees for Services Other$3,423$30,723-$34,146
Payroll Taxes-$26,482-$26,482
Fees for Service Investment Mgmnt Fees$22,500--$22,500
Advertising-$21,340-$21,340
Conferences and Meetings-$12,739-$12,739
Office Expenses-$6,597$3,682$10,279
Insurance-$8,032-$8,032
Fees for Services Accounting-$4,500-$4,500
Other Expenses$424,330$2,150-$2,150
Other Employee Benefits-$388-$388
Total Functional Expenses$875,137$251,357$3,682$1,130,176
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Homer Community Food PantryHomer, AK501c3Emergency Aid$41,045
Homer Hockey AssociationHomer, AK501c3Operating Support$32,063
Anchor Point Food PantryAnchor Point, AK501c3Operating Support$25,046
Kachemak Nordic Ski ClubHomer, AK501c3Operations$25,000
City of HomerHomer, AKGovSkate Park$20,364
Anchor Point Public LibraryAnchor Point, AK501c3Operations$15,250
Homer Council on the ArtsHomer, AK501c3Arts Education$11,345
Homer OpusHomer, AK501c3Program Dir Support$8,000
West Homer ElementaryHomer, AKGovtOperations$8,000
KbbiHomer, AK501c3Operating Support$7,700
Pier One Theatre IncHomer, AK501c3Operations$7,334
Homer Animal FriendsHomer, AK501c3Operations$6,500
Homer Trails AllianceHomer, AK501c3Trail Maintenance$5,916
City of KachemakHomer, AKGovOperating Support$5,500
Kachemak Heritage Land TrustHomer, AK501c3Conserving Heritage$5,400
Homer Senior CitizensHomer, AK501c3Operating Support$5,050
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lauren SeatonFamily of BoardEmployeeNo$26,020
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Managed for Others$377,854
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The finance committee reviews the completed 990, then presents it to the board with their recommendation for acceptance at a regular board meeting.

Form 990, Page 6, Part VI, Line 12C

At the beginning of the year, board members complete a disclosure statement listing any personal interests that could lead to potential conflicts. At the time of completing this questionnaire, board members are asked if any have occurred. In addition, all committee meetings regarding grants review the conflict of interest policy with all present members and ask for disclosures. The committee chair ensures this policy is followed.

Form 990, Page 6, Part VI, Line 15A

We purchased the foraker compensation guide to determine a comparable salary rate from around the state

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are available to the public upon request. In addition financial reports are presented in the annual report which is mailed out to 900 constituients and posted on our website: www.homerfoundation.org

Filing and Contact Details

Filer

Filer Name
Homer Foundation
EIN
92-0139183
Phone
9072350541
Address
PO BOX 2600, HOMER, AK 99603-2600

Signing Officer

Name
Stacey Schultz
Title
Executive Director
Phone
9072350541
Signed
2025-05-05

Organization Details

Principal Officer
Stacey Schultz
Formed
1991
Legal Domicile
Ak
Voting Board Members
10
Independent Board Members
9
Employees
4
Volunteers
12

Preparer

Firm
Foster and Company LLC
Address
2801 E PALMER WASILLA HWY, WASILLA, AK 99654-7339
Preparer
Michael Foster
Phone
9072905555
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

ALL OTHER PROGRAMS.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Permanently restricted net assets consist of an endowment that must be maintained in perpetuity by the foundation. In accordance with donor restrictions, the foundation may use the investment income from this endowment to support operations.

Raw XML AppendixShowing 400 of 609 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05128
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030536
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt021340
IRS990/AdvertisingGrp/TotalAmt021340
IRS990/AllOtherContributionsAmt0773255
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0STACEY SCHULTZ
IRS990/BooksInCareOfDetail/PhoneNum09072350541
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03733 BEN WALTERS LANE SUITE 7
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOMER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099603
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt031697
IRS990/CashNonInterestBearingGrp/EOYAmt065594
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt077573
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077573
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt012739
IRS990/ConferencesMeetingsGrp/TotalAmt012739
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0644
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0798255
IRS990/CYGrantsAndSimilarPaidAmt0424884
IRS990/CYInvestmentIncomeAmt0684408
IRS990/CYOtherExpensesAmt0540016
IRS990/CYOtherRevenueAmt0596369
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0948856
IRS990/CYSalariesCompEmpBnftPaidAmt0165276
IRS990/CYTotalExpensesAmt01130176
IRS990/CYTotalFundraisingExpenseAmt03682
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02079032
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt01505
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0QUICK RESPONSE GRANTS: YEAR ROUND GRANTS PROGRAM TO SUPPORT CHARITABLE ACTIVITIES IN THE COMMUNITY. 51 GRANTS WERE AWARDED TO 44 DIFFERENT NONPROFITS IN OUR AREA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0633375
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0228914
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt030723
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03423
IRS990/FeesForServicesOtherGrp/TotalAmt034146
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt022500
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt022500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt02973
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DENISE PITZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2PAULA MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm3KEN TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4DOUG BAILY
IRS990/Form990PartVIISectionAGrp/PersonNm5LIZ DOWNING
IRS990/Form990PartVIISectionAGrp/PersonNm6VAN HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm7PAUL SEATON
IRS990/Form990PartVIISectionAGrp/PersonNm8TOM ZITZMANN
IRS990/Form990PartVIISectionAGrp/PersonNm9SARA REINERT
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM BELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt074320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER, V
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CGC CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt025000
IRS990/GrantAmt0228914
IRS990/GrantsPayableGrp/BOYAmt010005
IRS990/GrantsPayableGrp/EOYAmt022005
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0195371
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0195371
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0229513
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0229513
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02079676
IRS990/GrossSalesOfInventoryAmt01874
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08032
IRS990/InsuranceGrp/TotalAmt08032
IRS990/InventoriesForSaleOrUseGrp/BOYAmt012639
IRS990/InventoriesForSaleOrUseGrp/EOYAmt011995
IRS990/InvestmentIncomeGrp/ExclusionAmt0684408
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0684408
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05684953
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06920068
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AK
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENHANCE THE QUALITY OF LIFE FOR THE CITIZENS OF THE GREATER HOMER AREA BY PROMOTING PHILANTHROPIC AND CHARITABLE ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05579888
IRS990/NetAssetsOrFundBalancesEOYAmt06669120
IRS990/NetIncomeOrLossGrp/ExclusionAmt01230
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01230
IRS990/NetUnrlzdGainsLossesInvstAmt0140376
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04946513
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06669120
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt03682
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06597
IRS990/OfficeExpensesGrp/TotalAmt010279
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0388
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0388
IRS990/OtherExpensesGrp/Desc0ALLOWANCE FOR MNGD FUNDS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02150
IRS990/OtherExpensesGrp/ProgramServicesAmt0424330
IRS990/OtherExpensesGrp/TotalAmt0424330
IRS990/OtherExpensesGrp/TotalAmt12150
IRS990/OtherLiabilitiesGrp/BOYAmt0337037
IRS990/OtherLiabilitiesGrp/EOYAmt0377854
IRS990/OtherRevenueMiscGrp/Desc0TRANSFERS TO BETWEEN FUNDS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0595139
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0595139
IRS990/OtherRevenueTotalAmt0595139
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060833
IRS990/OtherSalariesAndWagesGrp/TotalAmt060833
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026482
IRS990/PayrollTaxesGrp/TotalAmt026482
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt052000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0103350
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02250
IRS990/PrincipalOfficerNm0STACEY SCHULTZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0CITY OF HOMER GRANTS PROGRAM: THE CITY OF HOMER AND THE HOMER FOUNDATION HAVE AN AGREEMENT TO ALLOCATE GENERAL OPERATING DOLLARS TO AREA NONPROFITS THROUGH A COMPETETIVE GRANTS RPOCESS. THIS YEAR, 13 ORGANIZATIONS RECEIVED SUPPORT THROUGH THIS PROGRAM WITH GRANTS BETWEEN 4,500 AND 1,000.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt034170
IRS990/ProgSrvcAccomActy2Grp/GrantAmt034170
IRS990/ProgSrvcAccomActy3Grp/Desc0SCHOLARSHIPS: 19 SCHOLARSHIPS TO SUPPORT AREA STUDENTS IN THEIR POST- SECONDARY EDUCATION. THESE SCHOLARSHIPS VARIED BETWEEN 1,000-7,000.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt046000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt046000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL OTHER PROGRAMS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0566053
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0115800
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01056538
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0291304
IRS990/PYInvestmentIncomeAmt0118333
IRS990/PYOtherExpensesAmt0237221
IRS990/PYOtherRevenueAmt0-388
IRS990/PYRevenuesLessExpensesAmt0494142
IRS990/PYSalariesCompEmpBnftPaidAmt0151816
IRS990/PYTotalExpensesAmt0680341
IRS990/PYTotalRevenueAmt01174483
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0948856
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0148519
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REFUNDS, REBATES, REIMBURSEMENTS 12,493
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0798255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01056538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01019802
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01808340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0568085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05251020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0684408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0120314
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0118353
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0111130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076599
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01110804
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt018751
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt012493
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012493
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65930
IRS990ScheduleA/PublicSupportPY170Pct00.70730
IRS990ScheduleA/PublicSupportTotal170Amt04203821
IRS990ScheduleA/SubstantialContributorsTotAmt01047199
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0798255
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01056538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01019802
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01808340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0568085
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05251020
IRS990ScheduleA/TotalSupportAmt06376369
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0687
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01365
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt02052
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/CYEndwmtFundGrp/BeginningYearBalanceAmt0531482
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0531482
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-15326
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0494447
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0531482
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049561
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-8021
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0534909
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt057775
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0494447
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-90216
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt02662
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt090813
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0423781
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0534909
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022977
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02709
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt088062
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0971
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt090813
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04488
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsHeldCnt018
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01987966
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0377854
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS MANAGED FOR OTHERS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PERMANENTLY RESTRICTED NET ASSETS CONSIST OF AN ENDOWMENT THAT MUST BE MAINTAINED IN PERPETUITY BY THE FOUNDATION. IN ACCORDANCE WITH DONOR RESTRICTIONS, THE FOUNDATION MAY USE THE INVESTMENT INCOME FROM THIS ENDOWMENT TO SUPPORT OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalLiabilityAmt0377854
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0195371
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt023
IRS990ScheduleI/RecipientTable/CashGrantAmt025046
IRS990ScheduleI/RecipientTable/CashGrantAmt120364
IRS990ScheduleI/RecipientTable/CashGrantAmt25500
IRS990ScheduleI/RecipientTable/CashGrantAmt341045
IRS990ScheduleI/RecipientTable/CashGrantAmt411345
IRS990ScheduleI/RecipientTable/CashGrantAmt532063
IRS990ScheduleI/RecipientTable/CashGrantAmt68000
IRS990ScheduleI/RecipientTable/CashGrantAmt75050
IRS990ScheduleI/RecipientTable/CashGrantAmt85916
IRS990ScheduleI/RecipientTable/CashGrantAmt95400
IRS990ScheduleI/RecipientTable/CashGrantAmt1025000
IRS990ScheduleI/RecipientTable/CashGrantAmt117700
IRS990ScheduleI/RecipientTable/CashGrantAmt1215250
IRS990ScheduleI/RecipientTable/CashGrantAmt136500
IRS990ScheduleI/RecipientTable/CashGrantAmt147334
IRS990ScheduleI/RecipientTable/CashGrantAmt158000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc2GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc15GOVT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SKATE PARK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.10$0.43$6.67$2.08$1.13$0.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$0.35$5.58$1.17$0.68$0.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$0.40$4.66$1.14$0.64$0.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$0.38$5.08$1.92$0.48$1.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$0.30$2.90$0.65$0.49$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.31$2.67$0.72$0.32$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.33$2.19$0.40$0.44$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.33$2.22$0.67$0.53$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.40$2.51$0.26$0.25$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.13$0.35$1.78$0.10$0.27$0.17
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.40$2.18$0.27$0.35$0.08
2013Summary only. Only limited summary data is available for this year.$2.06$0.31$1.75$0.48$0.34$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.40$2.05$0.53
2011Summary only. Only limited summary data is available for this year.$2.22$0.40$1.82$0.92$0.35$0.58