Ftf Foundation INC EIN 32-0173944

Ftf Foundation INC FY2020 filing

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Educates the public on responsible resource management and economic development for Juneau. For fiscal year 2020 it reported $41K in revenue, $45K in expenses, and $29K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Douglas, AK
Website
ftfakfoundation.org
Filings
5 on file (2020–2020)
Revenue
$41KFY2020
Expenses
$45K
Net assets
$29K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  32-0173944 Public charity (501(c)(3)) Douglas, AK
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Educates the public on responsible resource management and economic development for Juneau.
Leadership
Don Habeger · Executive Di · $12K
Money in and out
$41K revenue, $45K expenses
Bottom line
62% program efficiency
Where the money goes · FY2020
Total revenue
$41K
Pt VIII · Ln 12
Total expenses
$45K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$3K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.38
Program efficiency
62%
of spending reaches programs
Operating runway
8.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$41K
FY2020
Expenses
$45K
FY2020
Total assets
$32K
FY2020
Total liabilities
$3K
FY2020
Total revenue
$41K
Pt VIII · Ln 12
Total expenses
$45K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$3K
Total assetsPt X · Ln 16$32K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $27K of program spending, described in the organization's own filed words · FY2020.
01

The organizations ongoing efforts to educate the public by monitoring and researching natural resource management issues, by highlighting reasonable use, access, economic opportunities, and development; all of which can be done while protecting the environment.

$27Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFtf Foundation INC
EINHdr · item D32-0173944
Principal addressHdr · item CDouglas, AK
WebsiteHdr · item Jftfakfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C60)
Ruling yearIRS BMFNov 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$12,000Pt VII · Sec A
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Don Habeger’s $11K as Executive Di is at the 31st percentile of top reported officer pay among 133 <$100K environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Don Habeger$10,914$12,000$12,000$12,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$30K · 72%
Contributions & grants$12K · 28%
Other revenue72%$30K
Contributions & grants28%$12K
Total revenueLn 12$41K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.38
Program services62%$27K
Management & general38%$17K
Total functional expensesLn 25$45K

Balance Sheet

Part X · end of year
CashLn 1$32K
Total assetsLn 16$32K
Total liabilitiesLn 26$3K
Total net assetsLn 32$29K
Months of cash on handcomputed8.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $32K · Operating expenses/yr $45K
8.7 months
Where the money goes
Program services
Program services $27K · Total expenses $45K
62%
Management & General
Management & general $17K · Total expenses $45K
38%
Fundraising
Fundraising $0 · Total expenses $45K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $12K · Total revenue $41K
28%
Government reliance
Government grants — · Total revenue $41K
Earned-income share
Program service revenue $0 · Total revenue $41K
0%
Investment reliance
Investment income $0 · Total revenue $41K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $45K
0%
Growth & trend
Revenue growth (YoY)
This year $41K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $29K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $41K · Expenses $45K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $32K
Net-asset ratio
Net assets $29K · Total assets $32K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $32K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Don Habeger · Reported title EXECUTIVE DI · Highest reported compensation $12K · Total expenses $45K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12K · Total expenses $45K
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 38%
Fundraising cost ratio 0%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$42K revenue · ⤓ 990 PDF
FY2023$30K revenue · ⤓ 990 PDF
FY2022$25K revenue · ⤓ 990 PDF
FY2021$49K revenue · ⤓ 990 PDF
FY2020$41K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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