Nonprofit · EIN 45-2974643
THE FOLK SCHOOL
Tax-exempt · FAIRBANKS, AK 99708
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $292,492 | $309,670 | -$17,178 | $584,625 | $344,885 | $239,740 |
| December 31, 2023 | 990 | $274,648 | $269,126 | $5,522 | $391,734 | $147,575 | $244,159 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $112,087
- of which government grants
- $9,650
- Program service revenue
- $156,756
- Investment income
- $4,310
- Net gain from sales of assets
- $788
- Net income from gaming
- $19,339
- Other revenue
- $19,339
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $81,118
- Salaries, compensation and benefits (total)
- $89,654
- Professional fundraising fees
- $0
- Accounting fees
- $7,023
- Occupancy
- $13,000
- Travel
- $500
- Depreciation
- $990
- Program services (functional)
- $190,172
- Management and general (functional)
- $118,439
- Fundraising (functional)
- $1,059
Balance sheet and other
- Total assets, start of year
- $391,734
- Total assets, end of year
- $584,625
- Total liabilities, end of year
- $344,885
- Net assets, end of year
- $239,740
- Land, buildings and equipment
- $36,349
- Gross unrelated business income
- $19,339
- Gross receipts
- $645,097
- Employees
- 3
- Volunteers
- 25
- Year formed
- 2011
- State of legal domicile
- AK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kuowei Lee | Board Member Trustee or director | 1 | $0 |
| Gordon Williams | Vice President Officer | 1 | $0 |
| Douglas Bishop | Treasurer Officer | 1 | $0 |
| Randall Rozier | President Officer | 1 | $0 |
| Matthew Labrenz | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kuowei Lee | Board Member Trustee or director | 1 | $0 |
| Michael Whalen | Board Member Trustee or director | 1 | $0 |
| Randall Rozier | President Officer | 1 | $0 |
| Matthew Labrenz | Secretary Officer | 1 | $0 |
| Gordon Williams | Vice President Officer | 1 | $0 |
| Douglas Bishop | Treasurer Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 83572, FAIRBANKS, AK 99708-3572
- In care of
- % DOUGLAS BISHOP
- Mailing address (990-N for 2012)
- 1600 Goldenview Drive, Fairbanks AK 99709
- Principal officer (990-N for 2012)
- John Manthei, 1600 Goldenview Drive, Fairbanks AK 99709
- Signed the 990
- DOUGLAS BISHOP, Treasurer
- Phone
- (907) 457-1219
- Website
- https://folk.school
- Return prepared by
- Norbu Accounting Services LLC
Mission
The Folk School, in keeping with a 200-year-old tradition, is dedicated to enriching lives and building community by passing on skills and personal knowledge in a nurturing environment. The Folk School provides year-round, affordable programs in a variety of hands-on disciplines
Program accomplishments
- Maintaining a non-competitive, nurturing, multigenerational educational model that fosters the use of indigenous materials and provides unique learning opportunities, and hones skill-based crafts such as woodworking, sewing, art, cooking, music, creative writing, and more. Providing an organizational structure and space for regular, ongoing home-school classes and activities. Serving as a meeting place for clubs and organizations. Establishing long-term programs that encourage community involvement. Providing space for families to create and learn together in a healthy, slow-paced, hands-on way. Creating a slow, creative, thoughtful space where people of all ages can learn skills that take time, patience, and basic human connection.Expenses $190,172 · revenue $156,756
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2974643
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $584,625
- Income (IRS master file)
- $645,097
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $292,492 | $309,670 | $584,625 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $274,648 | $269,126 | $391,734 | XML |
| 990 | December 2022 | $240,581 | $217,437 | $383,134 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: John Manthei | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2974643).
Questions about THE FOLK SCHOOL
- What is the EIN of THE FOLK SCHOOL?
- The employer identification number (EIN) of THE FOLK SCHOOL is 45-2974643.
- Is THE FOLK SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to THE FOLK SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FOLK SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE FOLK SCHOOL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE FOLK SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE FOLK SCHOOL?
- The 990-N for 2012 names John Manthei.
- Who are the officers and directors of THE FOLK SCHOOL?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does THE FOLK SCHOOL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $292,492, expenses of $309,670 and total assets of $584,625 at year end.
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- FAIRBANKS TENNIS ASSOCIATION EIN 92-0155602 · last filed 990 for 2024
- INTERNATIONAL ASSOCIATION OF LIONS CLUBS EIN 92-0156061 · last filed 990-EZ for 2024
- AK YOUTHFORCE EIN 85-1157668 · last filed 990-N for 2023
- FAIRBANKS POPPY PROJECT INCORPORATED EIN 92-2657169 · last filed 990-PF for 2025
- INTERNATIONAL ORDER OF THE RAINBOW FOR GIRLS EIN 23-7143794 · last filed 990-N for 2025