THE TED STEVENS FOUNDATION FKA NORTH TO THE FUTURE FOUNDATION

EIN: 920172512 501(c)(3) Arts, Culture & Humanities

ANCHORAGE, AK

Total Revenue
$527,984
Total Expenses
$556,347
Total Assets
$2,205,649
Net Assets
$2,192,603
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AK
Principal Officer
TIMOTHY MCKEEVER
Phone
9072740666
Tax Period
2023-01-01 to 2023-12-31

THE TED STEVENS FOUNDATION FKA NORTH TO THE FUTURE FOUNDATION, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $528K in total revenue in fiscal year 2023. Net assets of $2.2M represent 50 months of operating reserves.

Mission

TO ASSIST IN EDUCATING AND INFORMING THE PUBLIC ABOUT THE CAREER OF SENATOR TED STEVENS,TO MAKE GRANTS TO OTHER PUBLIC CHARITIES AND TO PROVIDE PROGRAMS WHICH EDUCATE, ENCOURAGE COMMUNICATION, RELIEVE POVERTY AND PROMOTE COMMUNITY WELFARE THROUGHOUT THE STATE OF ALASKA AND THE UNITED STATES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $375,200
Program Service Revenue $0
Investment Income $121,900
Other Revenue $30,884
TOTAL REVENUE $527,984

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,171
Fundraising Expenses $0
Program Expenses $532,135
Other Expenses $359,176
TOTAL EXPENSES $556,347

Year-over-Year Comparison

2023 2022 Change
Revenue $527,984 $505,193 +0.0%
Expenses $556,347 $577,427 0.0%
Net Income $-28,363 $-72,234 -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

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Governance

Voting Members
16
Independent Members
16
Employees
6
Volunteers
N/A

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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HUGH ASHLOCK DIRECTOR N/A
Director
$0 $0 $0
SID ASHWORTH DIRECTOR N/A
Director
$0 $0 $0
BRIDGET BAKER DIRECTOR N/A
Director
$0 $0 $0
LILY BECKER SECRETARY N/A
Officer Director
$0 $0 $0
SVEND BRANDT-ERICHSEN DIRECTOR N/A
Director
$0 $0 $0
WALLY BURNETT DIRECTOR N/A
Director
$0 $0 $0
WILLIAM CANFIELD DIRECTOR N/A
Director
$0 $0 $0
MARGY JOHNSON DIRECTOR N/A
Director
$0 $0 $0
ANDREW LUNDQUIST DIRECTOR N/A
Director
$0 $0 $0
TIMOTHY MCKEEVER PRESIDENT N/A
Officer Director
$0 $0 $0
DAVID MONSON DIRECTOR N/A
Director
$0 $0 $0
SEAN O'KEEFE DIRECTOR N/A
Director
$0 $0 $0
MITCHELL ROSE DIRECTOR N/A
Director
$0 $0 $0
MARK SCHNEIDER DIRECTOR N/A
Director
$0 $0 $0
CHRIS SWALLING TREASURER N/A
Officer Director
$0 $0 $0
TARA SWEENEY DIRECTOR N/A
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
2024 No data No data No data No data
2023 $527,984 $556,347 $2,205,649 $-28,363
2022 $505,193 $577,427 $2,227,039 $-72,234
2021 $683,531 $640,519 $2,300,766 $43,012
2020 $683,909 $765,125 $2,255,697 $-81,216
2019 $696,736 $808,810 $2,317,417 $-112,074
2019 $696,736 $845,811 $2,317,418 $-149,075
2018 $1,145,695 $853,847 $2,431,010 $291,848
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