EIN 27-0897796

KEA Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Kodiak
State
Year formed
2009
Most recent tax filings
2022-12-01
Description
The KEA Educational Foundation has a mission to support charitable, educational, and scientific causes. Specifically, the foundation provides scholarships for students and makes grants and donations to charitable entities for educational purposes. In 2022, the foundation generated $37,799 in funds from various sources including member contributions through rounding up their monthly bills or donating directly.
Related structure
KEA Educational Foundation is a subordinate organization under Kodiak Electric Association.
Total revenues
$37,798
2022
Total expenses
$75,704
2022
Total assets
$775,398
2022
Num. employees
0
2022

Program areas at KEA Educational Foundation

The KEA Educational Foundation generated $37,799 in funds in 2022. This revenue was derived from three sources: 1) Contributions from Kodiak Electric Association members that elected to round up their monthly bill as a donation or elected to donate their capital credits to the KEA Educational Foundation. These donations totaled $18,960. 2) CoBank Sharing Success program. CoBank will match up to $10,000 to 501(c)3 organizations. Kodiak Electric Association and Cobank each donated $10,000 in 2022. 3) Investment loss of ($1,162) was generated in 2022. The KEA Educational Foundation awarded 22 scholarships for a total amount of $65,582 in 2022

Who funds KEA Educational Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kodiak Electric AssociationSupport$10,000

Personnel at KEA Educational Foundation

NameTitleCompensation
Daniel MenthExecutive Officer$0
Dan Menth/ Executive Director
Lan MenthPast Executive Director
Jay JohnstonChairman$0
Ron AcarreguiVice Chairman$0
...and 3 more key personnel

Financials for KEA Educational Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$38,960
Program services$0
Investment income and dividends$-1,162
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$37,798

Form 990s for KEA Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-23990View PDF
2021-122022-09-16990View PDF
2020-122021-09-20990View PDF
2019-122021-08-10990View PDF
2018-122019-10-01990View PDF
...and 4 more Form 990s
Data update history
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 18, 2023
Updated personnel
Identified 3 new personnel
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Kodiak Electric Association
February 3, 2023
Updated personnel
Identified 2 new personnel
February 28, 2022
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
1614 Mill Bay Rd
Kodiak, AK 99615
Phone
(907) 486-7700
IRS details
EIN
27-0897796
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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