Civic Intelligence

Alaska Pacific University Foundation Inc.

990 • Fiscal year 2022 • EIN 92-0150193

Jul 01, 2021 to Jun 30, 2022 • Filed on May 09, 2023

Organization Profilewww.alaskapacific.edu/about-apu/giving
4101 University DriveAnchorage, AK 99508

(907) 564-8310

Siviq Scores

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

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

19th percentile

0.05x

Higher debt load relative to revenue than 19% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

91st percentile

59%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$222,251

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

14th percentile

-13%

Faster asset growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$15,133,771

Down $2,248,833 (-13%) from 2021

Net Assets

Down

$15,042,254

Down $2,290,375 (-13%) from 2021

Liabilities

Up

$91,517

Up $41,542 (+83%) from 2021

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin91st percentile

Revenue

Up

$1,803,995

Up $184,040 (+11%) from 2021

Expenses

Down

$748,090

Down $63,358 (-7.8%) from 2021

Net Income

Up

$1,055,905

Up $247,398 (+31%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$30M$20M$10M$0Assets 2010: $13,429,648Liabilities 2010: $0Net Assets 2010: $13,429,6482010Assets 2011: $15,150,942Liabilities 2011: $0Net Assets 2011: $15,150,9422011Assets 2012: $14,617,221Liabilities 2012: $227,609Net Assets 2012: $14,389,6122012Assets 2013: $14,597,327Liabilities 2013: $21,699Net Assets 2013: $14,575,6282013Assets 2014: $15,526,074Liabilities 2014: $1,732Net Assets 2014: $15,524,3422014Assets 2015: $15,055,716Liabilities 2015: $52,963Net Assets 2015: $15,002,7532015Assets 2016: $14,529,597Liabilities 2016: $53,623Net Assets 2016: $14,475,9742016Assets 2017: $14,095,331Liabilities 2017: $15,553Net Assets 2017: $14,079,7782017Assets 2018: $14,647,708Liabilities 2018: $114,107Net Assets 2018: $14,533,6012018Assets 2019: $14,383,958Liabilities 2019: $116,221Net Assets 2019: $14,267,7372019Assets 2020: $13,530,796Liabilities 2020: $0Net Assets 2020: $13,530,7962020Assets 2021: $17,382,604Liabilities 2021: $49,975Net Assets 2021: $17,332,6292021Assets 2022: $15,133,771Liabilities 2022: $91,517Net Assets 2022: $15,042,2542022Assets 2023: $16,436,093Liabilities 2023: $16,695Net Assets 2023: $16,419,3982023Assets 2024: $20,133,975Liabilities 2024: $0Net Assets 2024: $20,133,9752024

Highlighted filing

2022

Assets$15,133,771
Liabilities$91,517
Net Assets$15,042,254
Open 2022 Filing

Operations Trend

Revenue Growth62nd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $695,1422010Expenses 2011: $729,0162011Expenses 2012: $737,7192012Expenses 2013: $717,2792013Revenue 2014: $522,197Expenses 2014: $714,082Net Income 2014: -$191,8852014Revenue 2015: $673,946Expenses 2015: $752,957Net Income 2015: -$79,0112015Revenue 2016: $1,173,902Expenses 2016: $751,877Net Income 2016: $422,0252016Revenue 2017: $1,281,066Expenses 2017: $1,838,058Net Income 2017: -$556,9922017Revenue 2018: $856,271Expenses 2018: $793,827Net Income 2018: $62,4442018Revenue 2019: $707,124Expenses 2019: $826,026Net Income 2019: -$118,9022019Revenue 2020: $692,046Expenses 2020: $954,466Net Income 2020: -$262,4202020Revenue 2021: $1,619,955Expenses 2021: $811,448Net Income 2021: $808,5072021Revenue 2022: $1,803,995Expenses 2022: $748,090Net Income 2022: $1,055,9052022Revenue 2023: $1,032,482Expenses 2023: $701,657Net Income 2023: $330,8252023Revenue 2024: $3,906,244Expenses 2024: $791,102Net Income 2024: $3,115,1422024

Highlighted filing

2022

Revenue$1,803,995
Expenses$748,090
Net Income$1,055,905
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2023
Return Version
2021v4.2
Gross Receipts
$6,646,032
Mission and Program Overview

Mission

To accept, solicit, receive, administer and disburse gifts, bequests, legacies, devises and conveyances of real and personal property for the benefit of alaska pacific university.

Solicit donations and manage assets for the benefit of Alaska Pacific University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,278,136$14,378,471▼ $1,899,665
Savings and Temporary Cash Investments$1,060,068$569,764▼ $490,304
Cash and Non-Interest-Bearing Accounts$7,585$146,020▲ $138,435
Pledges and Grants Receivable$26,687$26,687→ $0
Accounts Receivable$10,128$12,829▲ $2,701
Other Notes and Loans Receivable, Net$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
Land, Buildings, and Equipment, Net$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$17,382,604$15,133,771▼ $2,248,833
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$49,975$91,517▲ $41,542
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$49,975$91,517▲ $41,542
Net Assets / Fund Balance
Net Assets With Donor Restrictions$15,562,599$14,369,304▼ $1,193,295
Net Assets Without Donor Restrictions$1,770,030$672,950▼ $1,097,080
Total Net Assets Fund Balance$17,332,629$15,042,254▼ $2,290,375
Total Liabilities and Net Assets / Fund Balance$17,382,604$15,133,771▼ $2,248,833

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$15,562,599$177,499▼ $953,733$417,061$14,369,304
2020$13,201,432$586,371▲ $2,187,027$412,231$15,562,599
2019$13,363,354$273,527▼ $62,397$373,052$13,201,432
2018$13,424,147$8,075▲ $312,886$381,754$13,363,354
2017$13,094,728$214,750▲ $499,673$385,004$13,424,147
Compensation and Service Providers
Top Officer Pay64th percentile

Board Members and Trustees

NameTitle
Chris SwallingChair
Jan SiebertsVice Chair / Treasurer
Ethan SchuttMember
LeeAnn GarrickMember
Trigg Davismember
Dr Virginia Hilton HallockMember (July 2021-May 2022)
Janelle VanasseMember (June 2022)
Eric WohlforthMember at Large
Jeff LeonardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$177,999
Program Service Revenue
$0
Investment Income
$1,625,996
Other Revenue
$0
All Other Contributions
$129,720
Change in Net Assets
$1,055,905

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,803,995
Revenue Not Reported on Form 990
$-3,253,584
Total Revenue per Audited Statements
$-1,449,589
Total Revenue per Form 990
$1,803,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$657,984
Other Expenses$90,106
Total Fundraising Expense$16,872
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$657,984--$657,984
Fees for Services Other-$50,887$16,872$67,759
Fees for Services Accounting-$13,226-$13,226
Office Expenses-$9,121-$9,121
Total Functional Expenses$657,984$73,234$16,872$748,090

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$840,786
Expenses per Audited Statements$748,090
Total Expenses per Form 990$748,090
Expenses Not Reported on Form 990$92,696
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Alaska Pacific UniversityAnchorage, AK501(c)3Support for the University$657,984
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Alaska Pacific University$91,517
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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:

“A draft is reviewed by alaska pacific university foundation cfo and is provided to the foundation board for review prior to filing.”

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

“All are available for review upon written request.”

Filing and Contact Details

Filer

Filer Name
Alaska Pacific University Foundation
EIN
92-0150193
In Care Of
% SHEILA KING
Phone
9075648310
Address
4101 University Drive, Anchorage, AK 99508

Signing Officer

Name
Janelle Vanasse
Title
APU President
Phone
9075648204
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Swalling
Formed
1994
Legal Domicile
Ak
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Bdo USA Llp
Address
3601 C STREET STE 600, ANCHORAGE, AK 99503
Preparer
Rachael Mohns EA
Phone
9072788878
Supplemental Narrative

Financial Statement Notes

FORM 990, SCHEDULE D, PART X, LINE 2:

“The Foundation applies the provisions of Topic 740 of the FASB Accounting Standards Codification relating to accounting for uncertainty in income taxes. The Foundation annually reviews its tax return and positions taken in accordance with the recognition standards. The Foundation believes that it has no uncertain tax provisions which would require disclosure or adjustment in these financial statements.”

Raw XML AppendixShowing 400 of 584 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/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ACCEPT, SOLICIT, RECEIVE, ADMINISTER, AND DISBURSE GIFTS, BEQUESTS, LEGACIES, DEVISES, AND CONVEYANCES OF REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF ALASKA PACIFIC UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt017332629
IRS990/NetAssetsOrFundBalancesEOYAmt015042254
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01214991
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01214991
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-3346280
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01770030
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0672950
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09121
IRS990/OfficeExpensesGrp/TotalAmt09121
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt049975
IRS990/OtherLiabilitiesGrp/EOYAmt091517
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt026687
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt026687
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Chris Swalling
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0586371
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0720883
IRS990/PYInvestmentIncomeAmt01033584
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt090565
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0808507
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0811448
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01619955
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01055905
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt048279
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01060068
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0569764
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0920023588
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0657984
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ALASKA PACIFIC UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0657984
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/BeginningYearBalanceAmt015562599
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0177499
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt014369304
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-953733
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0417061
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013201432
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0586371
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015562599
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02187027
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0412231
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt013363354
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0273527
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013201432
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-62397
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0373052
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt013424147
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt08075
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt013363354
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0312886
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0381754
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt013094728
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0214750
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt013424147
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0499673
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0385004
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt092696
IRS990ScheduleD/DonatedServicesUseFcltsAmt092696
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt092696
IRS990ScheduleD/ExpensesSubtotalAmt0748090
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3346280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt091517
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ALASKA PACIFIC UNIVERSITY
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.94780
IRS990ScheduleD/RevenueNotReportedAmt0-3253584
IRS990ScheduleD/RevenueSubtotalAmt01803995
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation applies the provisions of Topic 740 of the FASB Accounting Standards Codification relating to accounting for uncertainty in income taxes. The Foundation annually reviews its tax return and positions taken in accordance with the recognition standards. The Foundation believes that it has no uncertain tax provisions which would require disclosure or adjustment in these financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE D, PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.05220
IRS990ScheduleD/TotalExpensesPerForm990Amt0748090
IRS990ScheduleD/TotalLiabilityAmt091517
IRS990ScheduleD/TotalRevenuePerForm990Amt01803995
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-1449589
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0840786
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0657984
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support for the University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ALASKA PACIFIC UNIVERSITY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,133,771
Liabilities
$91,517
Net assets
$15,042,254
Revenue
$1,803,995
Expenses
$748,090
Net income
$1,055,905
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$0.00$20.1$3.91$0.79$3.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.02$16.4$1.03$0.70$0.33
2022Detailed filing. Detailed filing data is available for this year.$15.1$0.09$15.0$1.80$0.75$1.06
2021Detailed filing. Detailed filing data is available for this year.$17.4$0.05$17.3$1.62$0.81$0.81
2020Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$0.69$0.95$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$0.12$14.3$0.71$0.83$0.12
2018Detailed filing. Detailed filing data is available for this year.$14.6$0.11$14.5$0.86$0.79$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$0.02$14.1$1.28$1.84$0.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$0.05$14.5$1.17$0.75$0.42
2015Detailed filing. Detailed filing data is available for this year.$15.1$0.05$15.0$0.67$0.75$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$0.00$15.5$0.52$0.71$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.02$14.6$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.23$14.4$0.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.00$15.2$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$0.00$13.4$0.70