BERING STRAITS FOUNDATION (EIN 920138528) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

JED BALLARD

Phone

9074435252

Tax Period

2020-01-01 to 2020-12-31

BERING STRAITS FOUNDATION, founded in 1991, is a small nonprofit in the Religion sector that reported $696K in total revenue in fiscal year 2020. Revenue surged 104% from the prior year, signaling strong growth momentum.

Mission

THE FOUNDATION SERVES ALASKA NATIVE PEOPLE WHO ARE SHAREHOLDERS OR DESCENDANTS OF THE BSNC AND REGIONAL VILLAGE CORPORATION SEE SCHEDULE O.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $695,773

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $695,773

Expense Breakdown

Grants Paid $723,606

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $723,606

Other Expenses $15,119

TOTAL EXPENSES $738,725

Year-over-Year Comparison

	2020	2019	Change
Revenue	$695,773	$341,087	+1.0%
Expenses	$738,725	$457,841	+0.6%
Net Income	$-42,952	$-116,754	-0.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JED BALLARD	PRESIDENT	2.00	Officer Director	$0	$0	$0
CAROLYN CROWDER	VICE PREISDENT	0.10	Officer Director	$0	$0	$0
LUISA MACHUCA	SECRETARY/TREASURER	0.10	Officer Director	$0	$0	$0
LORENA HEGDAL	DIRECTOR	0.10	Director	$0	$0	$0
LEE RYAN	DIRECTOR	0.10	Director	$0	$0	$0
KEVIN DILLARD	DIRECTOR	0.10	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$695,773	$738,725	$191,658	$-42,952
2019	$341,087	$457,841	$604,608	$-116,754
2018	$282,858	$253,626	$352,858	$29,232

BERING STRAITS FOUNDATION