The Sitka Foundation
Nonprofit profile at a glance
- EIN
- 981668188
- IRS 990-PF coverage
- 2022–2024
- Forms available
- Form 990-PF 2024
- Location
- Vancouver, BC, CA
- Phone
- 6048063188
- Rating
- 40
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $15,929,992
- Expenses
- $12,967,812
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
The Sitka Foundation is a nonprofit. Location: Vancouver, BC. EIN 981668188. Tax year 2024 Form 990-PF reports $15.9M revenue and $13M expenses.
Operating model
- Revenue model
- Donor-supported. 61% of the foundation's positive operating resources came from contributions.
- Distribution model
- Grant intermediary. The foundation distributed 93% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
The verdict
MIXED - The filed numbers largely add up and a large share of spending goes to grants. The filing does not identify all grant recipients and assets provide a limited cushion relative to annual grants.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 90
- Transparency: 0
- Compliance: 94
- Endowment Health: 36
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 89.8%; rating input score 90; 73rd percentile among comparable filings
Transparency
- Grant recipient disclosure: Scored; rating input score 0
Compliance
- Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Fail
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Fail
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 17.17; rating input score 36; 36th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Payout: Filed payout detail
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 36th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- 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.
- High — Transparency: Grant recipient disclosure scored 0/100.
- Moderate — Endowment Health: Endowment-health comparison scored 36/100.
- Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.