Ilisagvik College Foundation

Ilisagvik College Foundation consistently grows endowment with minimal expenses and no officer compensation.

EIN: 201650054 · Barrow, AK · NTEE: B82 · Updated: 2026-03-28

$4.3MRevenue
$32KGross Revenue
$12.8MAssets
95/100Mission Score (Excellent)
B82
Ilisagvik College Foundation Financial Summary
MetricValue
Total Revenue$4.3M
Total Expenses$49K
Program Spending95%
CEO/Top Officer Pay$11
Net Assets$11.0M
Transparency Score95/100

Search Intent Cockpit

Ilisagvik College Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Ilisagvik College Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ilisagvik College Foundation in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $663K and expenses of $49K.

Revenue and Expenses

Ilisagvik College Foundation reported $663K in revenue and $49K in expenses, a surplus of $614K.

Executive Compensation

Top officer compensation appears as $11 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

95/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Ilisagvik College Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
95%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Ilisagvik College Foundation Expense Deployment
Program services$46K (95%)

Across stored filings, Ilisagvik College Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Ilisagvik College Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend95% to programsExcellent
Financial durabilityGrade A11 stored filing years
Peer contextCompare with Valdez Junior Rifle ClubAlaska and Education context

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Ilisagvik College Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ilisagvik College Foundation

Ilisagvik College Foundation (EIN: 201650054) is a nonprofit organization based in Barrow, AK, classified under NTEE code B82. The organization reported total revenue of $4.3M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ilisagvik College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

13Years Operating
Mid-SizeSize Classification
11Years of Filings
MixedRevenue Trajectory

Ilisagvik College Foundation is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$663K
Total Expenses$49K
Surplus / Deficit+$614K
Total Assets$11.0M
Net Assets$11.0M
Operating Margin92.6%
Months of Reserves2710.2 months

Financial Health Grade: A

In 2023, Ilisagvik College Foundation reported a surplus of $614K with revenue exceeding expenses, holds 2710.2 months of operating reserves (strong position).

Financial Trends

Over 11 years of filings (2012–2023), Ilisagvik College Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-50.9%-4.1%+12.1%
2022+49.4%+14.5%-5.9%
2021+46.5%+19.8%+33.8%
2020-4.6%+6.7%+4.0%
2019+5.9%+7.9%+9.8%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2013

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Ilisagvik College Foundation demonstrates strong financial health and efficiency, primarily functioning as an endowment-building entity for Ilisagvik College. Over the past decade, the organization has consistently grown its assets, from $3.4 million in 2013 to over $11 million in 2023, while maintaining minimal expenses. This indicates a focus on long-term financial sustainability rather than immediate program spending. The foundation's spending efficiency is exceptionally high, with expenses consistently representing a very small fraction of its revenue and assets. For instance, in 2023, expenses were only $48,880 against $663,360 in revenue, suggesting that the vast majority of funds are retained for endowment growth. The consistent reporting of 0% officer compensation across all filings further enhances its transparency and indicates a volunteer-driven or very low-overhead operational model, which is a significant strength for a nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ilisagvik College Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 5%
  • programs: 95%
  • fundraising: 0%

According to IRS 990 filings, Ilisagvik College Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$663KTotal Revenue
$49KTotal Expenses
$11.0MTotal Assets
$11.0MNet Assets
  • The organization reported a surplus of $614K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization operates with volunteer leadership or that compensation is covered by the college itself, which is highly favorable for a nonprofit of its size with assets exceeding $11 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Ilisagvik College Foundation:

  • Consistent and significant asset growth, from $3.4M in 2013 to $11M in 2023.
  • Extremely low operating expenses relative to revenue and assets (e.g., $48,880 expenses vs. $663,360 revenue in 2023).
  • 0% officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
  • No reported liabilities across all filings, demonstrating strong financial stability.
  • Strong focus on endowment building for long-term support of Ilisagvik College.

Frequently Asked Questions about Ilisagvik College Foundation

Is Ilisagvik College Foundation a legitimate charity?

Ilisagvik College Foundation (EIN: 201650054) is a registered tax-exempt nonprofit based in Alaska. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $4.3M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Ilisagvik College Foundation spend its money?

Ilisagvik College Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Ilisagvik College Foundation tax-deductible?

Ilisagvik College Foundation is registered as a tax-exempt nonprofit (EIN: 201650054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Ilisagvik College Foundation CEO make?

Ilisagvik College Foundation's highest-compensated officer earns $11 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Ilisagvik College Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Ilisagvik College Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ilisagvik College Foundation located?

Ilisagvik College Foundation is headquartered in Barrow, Alaska and files with the IRS under EIN 201650054. It is classified under NTEE code B82.

How many years of IRS 990 filings does Ilisagvik College Foundation have?

Ilisagvik College Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.

Is Ilisagvik College Foundation a good charity?

Yes, the Ilisagvik College Foundation appears to be a very good charity, particularly for those interested in supporting long-term educational endowments. Its consistent asset growth, extremely low expenses, and 0% officer compensation demonstrate strong financial management and a clear focus on its mission.

How does the foundation use its revenue?

The foundation primarily uses its revenue to grow its endowment, as evidenced by its substantial asset growth from $3.4 million in 2013 to over $11 million in 2023, while keeping expenses very low (e.g., $48,880 in 2023).

What is the trend in the foundation's assets?

The foundation's assets have shown a consistent and significant upward trend, growing from $3,410,778 in 2013 to $11,039,523 in 2023, indicating successful endowment building.

Filing History

IRS 990 filing history for Ilisagvik College Foundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2012–2023), Ilisagvik College Foundation's revenue has grown by 31.1%, moving from $506K to $663K. Total assets increased by 298.9% over the same period, from $2.8M to $11.0M. Total functional expenses rose by 41.7%, from $34K to $49K. In its most recent filing year (2023), Ilisagvik College Foundation reported a surplus of $614K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $663K $49K $11.0M $0 View 990
2022 $1.4M $51K $9.9M $0 View 990
2021 $904K $45K $10.5M $0 View 990
2020 $617K $37K $7.8M $0 View 990
2019 $647K $35K $7.5M $0 View 990
2018 $611K $32K $6.9M $0 View 990
2017 $905K $34K $6.0M $0 View 990
2016 $403K $38K $5.1M $0 View 990
2015 $476K $46K $4.8M $0 View 990
2013 $539K $42K $3.4M $0 View 990
2012 $506K $34K $2.8M $0

Year-by-Year Financial Summary

  • 2023: Revenue of $663K, expenses of $49K, and assets of $11.0M (revenue -50.9% year-over-year).
  • 2022: Revenue of $1.4M, expenses of $51K, and assets of $9.9M (revenue +49.4% year-over-year).
  • 2021: Revenue of $904K, expenses of $45K, and assets of $10.5M (revenue +46.5% year-over-year).
  • 2020: Revenue of $617K, expenses of $37K, and assets of $7.8M (revenue -4.6% year-over-year).
  • 2019: Revenue of $647K, expenses of $35K, and assets of $7.5M (revenue +5.9% year-over-year).
  • 2018: Revenue of $611K, expenses of $32K, and assets of $6.9M (revenue -32.5% year-over-year).
  • 2017: Revenue of $905K, expenses of $34K, and assets of $6.0M (revenue +124.8% year-over-year).
  • 2016: Revenue of $403K, expenses of $38K, and assets of $5.1M (revenue -15.4% year-over-year).
  • 2015: Revenue of $476K, expenses of $46K, and assets of $4.8M (revenue -11.8% year-over-year).
  • 2013: Revenue of $539K, expenses of $42K, and assets of $3.4M (revenue +6.6% year-over-year).
  • 2012: Revenue of $506K, expenses of $34K, and assets of $2.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ilisagvik College Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Ilisagvik College Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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