2024-05-15T15:51:19-05:00 2023-06-30 BDO USA 3601 C STREET STE 600 ANCHORAGE AK 99503 990 2022-07-01 920177787 The Foraker Group % RAJU SHANKAR FORA 9077431200 161 Klevin Street Suite 101 Anchorage AK 99508 Raju Shankar CFO 9077431247 2024-05-14 true Raju Shankar 999009999 Rachael Mohns EA P01966977 9072788878 2024-05-13 2 2022 2023-04-26 12:10:37Z LAURIE WOLF 161 KLEVIN STREET SUITE 101 Anchorage AK 99508 6517266 false X www.forakergroup.org X 2001 AK SEE SCHEDULE O 17 17 25 50 0 3282909 3339956 2757757 3130462 11994 26348 15096 20500 6067756 6517266 0 0 0 0 2818396 3292538 0 0 0 2836202 3298962 5654598 6591500 413158 -74234 5970191 6080619 1128136 1200110 4842055 4880509 X SEE SCHEDULE O false false 2097583 FORAKER PROVIDES FISCAL SPONSORSHIP TO NEW PROGRAMS THAT ARE IN THE PRELIMINARY STAGES OF THEIR DEVELOPMENT. THE SERVICES ARE INTENDED TO PROVIDE AN OPPORTUNITY TO INCUBATE PROGRAMS THAT ARE SHORT-TERM AND/OR WILL EVENUTALLY BECOME THEIR OWN 501(C) ORGANIZATION. 1412809 1377118 THE FORAKER SHARED FINANCIAL SERVICES SERVES OVER 80 NONPROFITS RANGING BETWEEN $100,000 - $5,000,000 WITH ACCOUNTING AND BOOKKEEPING SERVICES. THE SERVICES PROVIDED INCLUDE PAYROLL PROCESSING, CASH DISBURSEMENTS, GRANT REPORTING, FINANCIAL STATEMENT PREPARATION AND AUDIT PREPARATION. 596095 488301 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. THE SERIVCE ARE DESIGNED TO HELP ORGANIZAITONS ASK CRITICAL QUESTIONS ABOUT STRUCTURE, FINANCIAL STABILITY, MISSION RESULTS AND COMMITMENT TO DIVERSITY. 550434 557211 Organizational Development 301279 273802 Education 233255 Grant Programs 90472 Public Policy 0 Pre-D 434030 Administrative 1175440 1265043 5281927 true true false true false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false true false false false false true 35 0 true 25 true false false false false false false false false false false false false X 17 17 false false false false false false false true false false false true true true true true true true true false X RAJU SHANKAR 9077431200 161 KLEVIN STREET SUITE 101 ANCHORAGE AK 99508 Laurie Wolf CEO 40.0 0.0 X 273043 0 59451 Raju Shankar CFO 40.0 0.0 X 192743 0 24584 Chellie Skoog Vice President of Programs 40.0 0.0 X 148211 0 47918 Mike Walsh Vice President of Public Polic 40.0 0.0 X 124192 0 38047 Tiffany Hall Program Manager 40.0 0.0 X 130215 0 29983 Rebecca Savidis Human Resources 40.0 0.0 X 100962 0 34791 Amanda Ramsay Finance Director 40.0 0.0 X 104398 0 10062 Jaeleen Kookesh Board Chair 3.0 0.0 X X 0 0 0 Pat Branson Treasurer/Secretary 2.0 0.0 X X 0 0 0 Valerie Nurr'araaluk Davidson Director 1.0 0.0 X 0 0 0 Byran Butcher Director 1.0 0.0 X 0 0 0 Nils Andreassen Director 1.0 0.0 X 0 0 0 Mike Abbott Director 1.0 0.0 X 0 0 0 Tom Panamaroff Director 1.0 0.0 X 0 0 0 Wendy Lindskoog Director 1.0 0.0 X 0 0 0 Pearl Kiyawn Brower Director 1.0 0.0 X 0 0 0 Kris Norosz Director 1.0 0.0 X 0 0 0 Michelle DeWitt Director 1.0 0.0 X 0 0 0 Elizabeth Ripley Director 1.0 0.0 X 0 0 0 Sabrena Combs Director 1.0 0.0 X 0 0 0 Greg Deal Director 1.0 0.0 X 0 0 0 Liz Qaulluq Cravalho Director 1.0 0.0 X 0 0 0 Dylan Faber Director 1.0 0.0 X 0 0 0 Tim Thompson Director 1.0 0.0 X 0 0 0 1073764 0 244836 7 false true false Tor Daley 13100 Lupine Road ANCHORAGE AK 99516 Accounting Services 167673 Toby Smith 19 Sally Ann Furnace Road MERTZTOWN PA 19539 Accounting Services 123873 2 1291461 2048495 3339956 PROGRAM FEES 541900 3130462 3130462 3130462 26348 26348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER REVENUE 900099 20500 20500 20500 6517266 3130462 46848 0 0 0 0 878640 663862 214778 0 1856638 1402794 453844 87136 65836 21300 321029 242556 78473 149095 112650 36445 0 0 0 15000 14009 991 0 0 2495646 2330697 164949 47647 19865 27782 71580 49765 21815 0 0 217860 42795 175065 242356 224357 17999 0 0 0 0 1420 1420 16039 16039 DUES & SUBSCRIPTIONS 103557 72431 31126 MEALS & ENTERTAINMENT 31795 26764 5031 MISCELLANEOUS EXPENSE 30838 13546 17292 BANK FEES 25224 25224 6591500 5281927 1309573 0 4027206 3884232 1143248 1255282 239478 287689 358522 488099 0 0 0 0 180834 145834 0 0 0 0 269501 257139 13782 12362 0 0 0 0 0 0 0 0 7121 7121 5970191 6080619 561469 577110 0 0 566667 623000 0 0 0 0 0 0 0 0 0 0 0 0 1128136 1200110 X 4839255 4880509 2800 0 4842055 4880509 5970191 6080619 -74234 112688 X false true X true false X 3311926 3344446 4032632 3282909 3339956 17311869 3265087 3271951 3402027 2757757 3130462 15827284 0 0 0 6577013 6616397 7434659 6040666 6470418 33139153 0 0 0 33139153 22057 38146 3 11994 26348 98548 0 22057 38146 3 11994 26348 98548 0 2759 7668 16530 15096 20500 62553 6601829 6662211 7451192 6067756 6517266 33300254 0.99516 0.99607 0.00296 0.00255 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 15000 false false 15000 false false FORM 990, SCH C, PART IV: INDEPENDENT CONTRACTOR PROVIDES CONSULTING SERVICES RELATED TO STATE LEGISLATIVE AND ADMINISTRATIVE ISSUES AND ACTIONS, INCLUDING ADVOCATING AND LOBBYING ON BEHALF OF ANY ALCOHOL-RELATED ISSUES OR LEGISLATION. 181489 181489 88012 75650 12362 12362 0 0 X 6629954 112688 112688 6517266 6517266 6591500 6591500 6591500 FORM 990, SCHEDULE D, PART X, LINE 2: FORAKER APPLIES THE PROVISIONS OF TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FORAKER ANNUALLY REVIEWS ITS TAX POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS. FORAKER BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS THAT WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS. X X false false false false false false false false false Laurie Wolf CEO 273043 15374 44077 332494 Raju Shankar CFO 192743 10772 13812 217327 Mike Walsh Vice President of Public Polic 124192 7333 30714 162239 Chellie Skoog Vice President of Programs 148211 8100 39818 196129 Tiffany Hall Program Manager 130215 7813 22170 160198 FORM 990, PART I, LINE 1: THE FORAKER GROUP IS DEDICATED TO A HEALTHY, SUSTAINABLE NONPROFIT SECTOR IN ALASKA. FORAKER GUIDES ORGANIZATIONS ON THEIR JOURNEY TO SUSTAINABILITY STARTING WITH A FOCUS ON MISSION, THEN LOOKING BEYOND SIMPLY MAINTAINING FUNDING TO THE ESSENTIAL ELEMENTS OF BOARD, STAFF AND PARTNERSHIPS. FORM 990, PART III, LINE 1: THE FORAKER GROUP IS DEDICATED TO A HEALTHY, SUSTAINABLE NONPROFIT SECTOR IN ALASKA. FORAKER GUIDES ORGANIZATIONS ON THEIR JOURNEY TO SUSTAINABILITY STARTING WITH A FOCUS ON MISSION, THEN LOOKING BEYOND SIMPLY MAINTAINING FUNDING TO THE ESSENTIAL ELEMENTS OF BOARD, STAFF AND PARTNERSHIPS. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS REVIEWED BY THE CFO FOR ACCURACY. IT IS THEN SUBMITTED TO THE CEO FOR OVERALL APPROVAL OF THE TAX FORM. A COPY OF THE APPROVED 990 IS MADE AVAILABLE TO THE BOARD FOR REVIEW. THE BOARD REVIEWS AND APPROVES PRIOR TO SUBMITTING. FORM 990, PART VI, SECTION B, LINE 12C: ANNUALLY THE BOARD OF DIRECTORS IS GIVEN THE CONFLICT OF INTEREST POLICY TO REVIEW. IT IS PART OF THEIR ANNUAL PACKET THAT THEY REVIEW AND SIGN. EMPLOYEES ARE ALSO GIVEN THE CONFLICT OF INTEREST POLICY WHEN THEY ARE HIRED. IT IS STATED IN OUR EMPLOYEE HANDBOOK. WE ANNUALLY REVIEW THE POLICY AND ENCOURAGE ALL MEMBERS OF THE FORAKER GROUP TO REVIEW AND ASK QUESTIONS ABOUT THE POLICY. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION FOR THE CEO IS DETERMINED BY THE GOVERNANCE BOARD. IT IS BASED ON OTHER NONPROFIT COMPARABLES AND THE OVERALL SUCCESS OF THE ORGANIZATION. THE CEO IS RESPONSIBLE FOR SETTING THE SALARY FOR ALL OTHER MANAGEMENT SALARIES. FORM 990, PART VI, SECTION C, LINE 19: OUR 990 AND AUDITED FINANCIAL STATEMENTS ARE OPEN TO THE PUBLIC. ALL OTHER POLICIES AND FINANCIAL DISCLOSURES ARE MADE PUBLIC AT THE DISCRETION OF THE BOARD. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING & TRAINING TOTAL FEES:2263712 FORM 990 PART IX LINE 11G DESCRIPTION:MARKETING & COMMUNICATION TOTAL FEES:118571 FORM 990 PART IX LINE 11G DESCRIPTION:ADVOCACY TOTAL FEES:64613 FORM 990 PART IX LINE 11G DESCRIPTION:EVALUATIONS TOTAL FEES:28800 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER FEES TOTAL FEES:19950 Sultana New Ventures LLC 161 Klevin St Suite 101 Anchorage AK 99508 470966637 SEE PART VII AK 1700681 1499264 SEE PART VII SCHEDULE R, PART I, LINE 1, COLUMN B: THE PRIMARY ACTIVITY OF SULTANA NEW VENTURES, LLC IS TO ACTIVELY PROVIDE INCUBATION SERVICES TO NONPROFIT ORGANIZATIONS IN THE MANAGEMENT OF THEIR FINANCIAL OBLIGATIONS, EMPLOYEE RELATIONS, AND BUSINESS INTERESTS. SCHEDULE R, PART I, LINE 1, COLUMN F: THE DIRECT CONTROLLING ENTITY TO SULTANA NEW VENTURES, LLC IS THE FORAKER GROUP.