The Foraker Group

Tax-deductible

Anchorage, AK501(c)(3)Since 2001Foundations & GrantmakersEIN 92-0177787Revenue $5.2M in FY2025

On file with the IRSforakergroup.org161 Klevin St Ste 101, 99508-1508 · Anchorage, AKTax-exempt since Jun 2002Publicly supported charity — 170(b)(1)(A)(vi)

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The Foraker Group is a 501(c)(3) organization. Our core purpose is to strengthen nonprofits. We are a capacity building organization focusing on the needs of alaskan nonprofits, tribal entities, and rural and non-rural communities.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 16 volunteers and 29 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $255K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.0M
to officers and key staff · 19% of spending
Top officer’s pay higher than 93% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $34K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.2M
-30% vs prior year
Spent
$5.2M
To programs
74%
Net assets
$4.9M
By yearFY2020–FY2025
Revenue
$5.2M
FY2025▼ -30%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.7M
FY2021$7.5M
FY2022$6.1M
FY2023$6.5M
FY2024$7.4M
FY2025$5.2M
Expenses
$5.2M
FY2025▼ -32%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.4M
FY2021$6.2M
FY2022$5.7M
FY2023$6.6M
FY2024$7.6M
FY2025$5.2M
Net assets
$4.9M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$4.6M
FY2022$4.8M
FY2023$4.9M
FY2024$4.8M
FY2025$4.9M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $3.8M Management & general 26% · $1.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990; $1.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$275,342Pt VII · Sec A
$200,499Pt VII · Sec A
VP of Progra
$155,691Pt VII · Sec A
VP of Public
$138,839Pt VII · Sec A
VP of Ops/Co
$116,359Pt VII · Sec A
Finance Dire
$115,138Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Laurie Wolf’s $275K as CEO is at the 93rd percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Laurie Wolf$275,342$290,104$273,043$270,463$255,256$251,333
Raju Shankar$200,499$200,499$192,743$181,384$177,692$165,577
Michele Skoog$155,691$155,691————
Chellie Skoog——$148,211$129,105$124,615$114,615
Michael Walsh$138,839$135,661————
Mike Walsh——$124,192$129,617$130,308$127,636
Tiffany Hall——$130,215$130,215$122,844$122,442
Trevor Storrs————$120,443$114,038

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Strengthens Alaskan nonprofits, tribal entities, and communities through capacity building.

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Provided by the organization

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3 programs · $3.4M · in their own filed words · FY2024
01

The foraker shared financial services serves over 120 nonprofits ranging between 50,000 - 9,000,000 with accounting and bookkeeping services. The services provided include payroll processing, cash disbursements, grant reporting, financial statement preparation, and audit preparation.

$1.9Mprogram expense
02

Foraker provides fiscal sponsorship to new programs that are in the prelimary stages of their development. The services are intended to provide an opportunity to incubate programs that are short-term AND/OR will eventually become their own 501(c) organization.

$951Kprogram expense
03

A major focus of the foraker group is to help organizations prepare for leadership change, conduct executive searches, and support the new hire. Our objective is to assist organizations move through each phase and position them to achieve its goals.

$592Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$34K
Grants paid · 2 grants · $722K · 2023–2024
Recover AlaskaAK · FY2024$85,204
Recover AlaskaAK · FY2023$637,132

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.2M
Ln 12
Fees for servicesLn 2g$3.4M
Gifts and grantsLn 1h$1.7M
Investment incomeLn 3$105K
Money outPt IX
$5.2M
Ln 25
Programscol B$3.8M
Managementcol C$1.4M
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.7M
Total assetsLn 16$6.8M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
25
listed · VII A
PaidVII A6
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Government grantsLn 1e$75K
Fees for servicesLn 2g$3.4M
Investment incomeLn 3$105K
Total revenueLn 12$5.2M
Assets in detailPt X, end of year
CashLn 1$3.7M
Cash and savings togetherLn 1–2$3.7M
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$726K
Total assetsLn 16$6.8M
LiabilitiesLn 26$1.9M
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 529
VolunteersI 616
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3.6M$3.7M
InvestmentsLn 11–13$1.7M$1.9M
Land, buildings, equipmentLn 10c$11K$10K
Total assetsLn 16$6.2M$6.8M
LiabilitiesLn 26$1.4M$1.9M
Net assetsLn 32$4.8M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$87K$87K
Pay of current officers, directors and key staffLn 5$564K$406K$158K
Other salaries and wagesLn 7$1.8M$1.3M$492K
Pension plan contributionsLn 8$115K$83K$32K
Other employee benefitsLn 9$287K$224K$64K
Payroll taxesLn 10$160K$115K$45K
Accounting feesLn 11c$15K$15K
Lobbying feesLn 11d$28K$28K
Other fees for servicesLn 11g$1.5M$1.3M$183K
Advertising and promotionLn 12$11K$11K$222
Office expensesLn 13$92K$20K$72K
Information technologyLn 14$19K$19K
OccupancyLn 16$222K$42K$180K
TravelLn 17$91K$72K$19K
Conferences, conventions and meetingsLn 19$44K$44K
Depreciation, depletion and amortizationLn 22$718$718
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$199K$103K$96K
Total functional expensesLn 25$5.2M$3.8M$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.2M$5.2M−$23K$4.9M 990 PDF
FY2024 $7.4M$7.6M−$244K$4.8M 990 PDF
FY2023 $6.5M$6.6M−$74K$4.9M 990 PDF
FY2022 $6.1M$5.7M$413K$4.8M 990 PDF
FY2021 $7.5M$6.2M$1.2M$4.6M 990 PDF
FY2020 $6.7M$6.4M$245K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $5,189,678 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,469,949$1,692,969
I-9 Program service revenuePrior year $3,851,991$3,391,857
I-10 Investment incomePrior year $50,587$104,852
I-11 Other revenue$0
I-12 Total revenuePrior year $7,372,527$5,189,678
I-13 Grants and similar amounts paidPrior year $638,478$86,765
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,085,442$2,884,452
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,892,232$2,241,755
I-18 Total expensesPrior year $7,616,152$5,212,972
I-19 Revenue less expensesPrior year −$243,625−$23,294
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,189,678 across 6 lines filed
VIII-1e Government grants$75,000
VIII-1f All other contributions, gifts and grants$1,617,969
VIII-1h Total contributions, gifts and grants$1,692,969
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,391,857$3,391,857
VIII-3 Investment incomeExcluded from tax $104,852$104,852
VIII-12 Total revenueRelated to mission $3,391,857 · Excluded from tax $104,852$5,189,678
Part IX · Statement of functional expenses $5,212,972 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $86,765$86,765
IX-5 Pay of current officers, directors and key staffPrograms $406,366 · Management $158,031$564,397
IX-7 Other salaries and wagesPrograms $1,265,418 · Management $492,107$1,757,525
IX-8 Pension plan contributionsPrograms $82,882 · Management $32,232$115,114
IX-9 Other employee benefitsPrograms $223,934 · Management $63,539$287,473
IX-10 Payroll taxesPrograms $115,159 · Management $44,784$159,943
IX-11c Accounting feesManagement $14,800$14,800
IX-11d Lobbying feesPrograms $27,500$27,500
IX-11g Other fees for servicesPrograms $1,322,864 · Management $182,960$1,505,824
IX-12 Advertising and promotionPrograms $10,709 · Management $222$10,931
IX-13 Office expensesPrograms $20,186 · Management $71,535$91,721
IX-14 Information technologyPrograms $19,075$19,075
IX-16 OccupancyPrograms $42,268 · Management $179,639$221,907
IX-17 TravelPrograms $72,200 · Management $18,927$91,127
IX-19 Conferences, conventions and meetingsPrograms $44,165$44,165
IX-22 Depreciation, depletion and amortizationManagement $718$718
IX-23 InsuranceManagement $14,729$14,729
IX-24 Other expenses (24a–d)Programs $102,881 · Management $96,377$199,258
IX-25 Total functional expensesPrograms $3,842,372 · Management $1,370,600 · Fundraising $0$5,212,972
Part X · Balance sheet $6,779,772 assets, 15 lines filed
Asset lines not itemized here account for $75,834; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $3,639,393$3,702,847
X-3 Pledges and grants receivableStart of year $268,490$15,000
X-4 Accounts receivableStart of year $525,026$348,638
X-9 Prepaid expenses and deferred charges$39,238
X-10c Land, buildings and equipment, netStart of year $10,998$10,280
X-11 Publicly traded securitiesStart of year $1,663,080$1,861,912
X-15 Other assetsStart of year $7,121$726,023
X-16 Total assetsStart of year $6,224,942$6,779,772
X-17 Accounts payable and accrued expensesStart of year $663,006$429,207
X-19 Deferred revenueStart of year $764,961$734,961
X-25 Other liabilities$722,110
X-26 Total liabilitiesStart of year $1,427,967$1,886,278
X-27 Net assets without donor restrictionsStart of year $4,796,975$4,893,494
X-32 Total net assets or fund balancesStart of year $4,796,975$4,893,494
X-33 Total liabilities and net assetsStart of year $6,224,942$6,779,772
Part XI · Reconciliation of net assets $4,893,494 net assets at year end
XI-1 Total revenue$5,189,678
XI-2 Total expenses$5,212,972
XI-3 Revenue less expenses−$23,294
XI-4 Net assets at start of year$4,796,975
XI-5 Net unrealized gains (losses) on investments$119,813
XI-10 Net assets at end of year$4,893,494

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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