Alaska Engineering Education Foundation FY2021 filing

Fairbanks, AK · Public charity (501(c)(3)) · Education

✓ Tax-deductible Latest data FY2021
Revenue
$99K
▲ +15% vs prior year
Spent
$27K
To programs
75%
Net assets
$569K
By yearFY2020–FY2025
Revenue
$99K
FY2021▲ +15%
Revenue by fiscal year
FY2020$86K
FY2021$99K
FY2022$60K
FY2023$92K
FY2024$115K
FY2025$65K
Expenses
$27K
FY2021▼ -46%
Expenses by fiscal year
FY2020$50K
FY2021$27K
FY2022$29K
FY2023$52K
FY2024$34K
FY2025$46K
Net assets
$569K
FY2021▲ +27%
Net assets by fiscal year
FY2020$447K
FY2021$569K
FY2022$571K
FY2023$537K
FY2024$698K
FY2025$725K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending March 2021 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Rasmuson Foundation
$1K in the latest grant year.
Spent on programs?
75% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↑ +15% vs prior year
Legal name (IRS)Hdr · item CAlaska Engineering Education Foundation
EINHdr · item D92-0163845
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1998
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CFairbanks, AK
NTEE classificationIRS BMFEducation (B99)
WebsiteHdr · item Jwww.alaskaeef.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$20K
Management & general25%$7K
Total functional expensesLn 25$27K

Financial health

Program efficiency
75%
of spending reaches programs
Operating runway
262.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+72%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$593K
FY2021▲ +27%
Total assets by fiscal year
FY2020$468K
FY2021$593K
FY2022$579K
FY2023$574K
FY2024$710K
FY2025$756K
Total liabilities
$24K
FY2021▲ +17%
Total liabilities by fiscal year
FY2020$21K
FY2021$24K
FY2022$8K
FY2023$37K
FY2024$12K
FY2025$31K
Revenue less expensesPt I · Ln 19$71K
Total assetsPt X · Ln 16$593K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$128K
Total assetsLn 16$593K
Total liabilitiesLn 26$24K
Total net assetsLn 32$569K
Months of cash on handcomputed56.8

Statement of Revenue

Part VIII
Contributions & grants$85K · 87%
Investment income$8K · 8%
Other revenue$5K · 5%
Contributions & grants87%$85K
Investment income8%$8K
Other revenue5%$5K
Total revenueLn 12$99K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $593K · Operating expenses/yr $27K
262.4 months
Where the money goes
Program services
Program services $20K · Total expenses $27K
75%
Management & General
Management & general $7K · Total expenses $27K
25%
Fundraising
Fundraising $0 · Total expenses $27K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $84K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $85K · Total revenue $99K
87%
Government reliance
Government grants — · Total revenue $99K
—
Earned-income share
Program service revenue $0 · Total revenue $99K
0%
Investment reliance
Investment income $8K · Total revenue $99K
+8%
Program self-sufficiency
Program service revenue $0 · Total expenses $27K
0%
Growth & trend
Revenue growth (YoY)
This year $99K · Prior year $86K
+15%
Net-asset trend (YoY)
End of year $569K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $99K · Expenses $27K
+72%
Liabilities-to-Assets
Total liabilities — · Total assets $593K
—
Net-asset ratio
Net assets $569K · Total assets $593K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $465K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $593K
78%
People & payroll
Highest Reported Total Compensation
Individual Deborah Allen · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $27K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%——
Overhead ratio 25%——
Fundraising cost ratio 0%——
Revenue growth 15%——
Accounting fee ratio 19%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Alaska Engineering Education Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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

Mission and programs

Promotes engineering education in Alaska through charitable activities and builds an endowment for future support.

Provided by the organization

This section is blank until Alaska Engineering Education Foundation claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

2 program services account for $20K of program spending, described in the organization's own filed words · FY2020.
01

Provide scholarships to alaska resident students enrolled in engineering programs across the country and administer payment of scholarships for other professional societies. 13 scholarships were awarded during the fiscal year 2021.

$20Kprogram expense
02

Administer the mathcounts program in the state of alaska.

$345program expense

Run this program? Claim this org to tell your story

Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1K
Grants paid · 6 grants · $168K · 2019–2024
Unitemized GrantFY2024$30,500
Unitemized GrantFY2023$23,500
Unitemized GrantFY2022$40,290
Unitemized GrantFY2021$20,795
Unitemized GrantFY2020$20,000
Unitemized GrantFY2019$33,000

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $65K$46K-43% 990 PDF
FY2024 $115K$34K+25% 990 PDF
FY2023 $92K$52K+54% 990 PDF
FY2022 $60K$29K-40% 990 PDF
FY2021 Viewing $99K$27K+15% 990 PDF
FY2020 $86K$50K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Alaska Engineering Education Foundation →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.