Shemyanet Inc
Nonprofit profile at a glance
- EIN
- 454420007
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Jber, AK, USA
- Phone
- 9073923293
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Telecommunications
Reported finances
- Revenue
- $110,326
- Expenses
- $65,217
- Assets
- $156,222
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JOSHUA HAMILTON (PRESIDENT)
People named in this filing
- JESUS GARRISON (CFO)
- JOSHUA HAMILTON (PRESIDENT)
- AJ LAWSON (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, plan, support, represent, advocate for, and conduct educational, and civic activities to facilitate the use of the internet for the benefit of the residents and the visitors of shemya island, Alaska.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 68
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.2%; rating input score 55
- Program expense ratio: 93.3%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 40.9%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 2.4; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 36.8%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -7.5% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -1.4% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 55.2% of revenue deployed · 93.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.