FIRST RATE FOUNDATION INC
Cite this
Plain text FIRST RATE FOUNDATION INC. Strategy Studio, nonprofit organization profile, tax years 2021–2024. https://strategystudio.org/org/871380673. Retrieved 2026-10-19.
APA Strategy Studio. (n.d.). FIRST RATE FOUNDATION INC [Nonprofit organization profile; tax years 2021–2024]. Retrieved October 19, 2026, from https://strategystudio.org/org/871380673
MLA “FIRST RATE FOUNDATION INC.” Strategy Studio, tax years 2021–2024, https://strategystudio.org/org/871380673. Accessed 19 Oct. 2026.
Retrieved 2026-10-19; covers tax years 2021–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990EZ · revenue $87K · expenses $37K · assets $180K
- EIN
- 87-1380673
- Address
- 3150 X STREET SUITE 150, ANCHORAGE, AK 99503-0000
- NTEE code
- Z99
- Subsection
- 501(c)(3)
- Ruling year
- 2021
- Cross-check
- ProPublica Nonprofit Explorer
Mission
PROVIDE FUNDING FOR THE NEED OF PEOPLE IN OUR COMMUNITY WHO ARE DIRECTLY TIED TO FIRST RATE AND THAT WE CAN HAVE A SIGNIFICANT IMPACT ON
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 3 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Jason Wooten | President | 2021-2024 | 0 | $0 reported | 1 |
| Justin Harris | Treasurer | 2021-2024 | 0 | $0 reported | 1 |
| Adam Heafner | Vice President | 2021-2024 | 0 | $0 reported | 1 |
People by year
2024 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JASON WOOTEN | President | 0 | $0 | - | - | $0 | 1 |
| JUSTIN HARRIS | Treasurer | 0 | $0 | - | - | $0 | 1 |
| ADAM HEAFNER | Vice President | 0 | $0 | - | - | $0 | 1 |
2023 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JASON WOOTEN | PRESIDENT | 0 | $0 | - | - | $0 | 1 |
| JUSTIN HARRIS | TREASURER | 0 | $0 | - | - | $0 | 1 |
| ADAM HEAFNER | VICE PRESIDE | 0 | $0 | - | - | $0 | 1 |
2022 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JASON WOOTEN | PRESIDENT | 0 | $0 | - | - | $0 | 1 |
| JUSTIN HARRIS | TREASURER | 0 | $0 | - | - | $0 | 1 |
| ADAM HEAFNER | VICE PRESIDE | 0 | $0 | - | - | $0 | 1 |
2021 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| JASON WOOTEN | PRESIDENT | 0 | $0 | - | - | $0 | 1 |
| JUSTIN HARRIS | TREASURER | 0 | $0 | - | - | $0 | 1 |
| ADAM HEAFNER | VICE PRESIDE | 0 | $0 | - | - | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990EZ | ||||||||
| $86,989 | $37,036 | $179,653 | $179,653 | $85,767 | - | - | - | - |
| 2023 · Form 990EZ | ||||||||
| $92,429 | $81,981 | $82,360 | $82,360 | $91,518 | - | - | - | - |
| 2022 · Form 990EZ | ||||||||
| $107,975 | $77,783 | $51,796 | $51,796 | $107,684 | - | - | - | - |
| 2021 · Form 990EZ | ||||||||
| $40,042 | $11,150 | $29,358 | $29,358 | $40,026 | - | - | - | - |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| PARENT BOOSTER USA INC | AK | Z99 | $75,602 | $37,167 | President | $0 | Same NTEE code Z99, revenue within 2x, same state |
| ANCHORAGE SCHOOL BUSINESS PARTNERSHIP INC | AK | Z99 | $90,952 | $108,916 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, same state |
| JASON MOTTE FOUNDATION INC | AZ | Z99 | $73,539 | $140,821 | Secretary | $35,000 | Same NTEE code Z99, revenue within 2x, similar mission |
| ROI FOUNDATION INC | MT | Z99 | $97,281 | $79,238 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| FARR FOUNDATION INC | MA | Z99 | $78,022 | $20,501 | TRUSTEE | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| REESSPECHT LIFE FOUNDATION INC | NY | Z99 | $101,127 | $95,182 | FOUNDER, PRESIDENT, CEO | $51,685 | Same NTEE code Z99, revenue within 2x, similar name |
| TRI-CENTRIC FOUNDATION INC | NY | Z99 | $84,408 | $100,377 | President | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| SANTEE SANTAS FOUNDATION INC | CA | Z99 | $90,922 | $102,150 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| BETA PHI FOUNDATION INC | IN | Z99 | $81,657 | $62,512 | TREASURER | $7,800 | Same NTEE code Z99, revenue within 2x, similar name |
| ACADEMY FOUNDATION INC | AR | Z99 | $84,916 | $78,616 | EXECUTIVE DI | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| CAG FOUNDATION | MN | Z99 | $80,416 | $63,655 | CHARIMAN | $0 | Same NTEE code Z99, revenue within 2x |
| DL HANDY FOUNDATION INC | GA | Z99 | $74,579 | $73,050 | CEO/FOUNDER | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| Y TO C FOUNDATION | CA | Z99 | $111,247 | $45 | CEO | $0 | Same NTEE code Z99, revenue within 2x |
| BASILONE MEMORIAL FOUNDATION INC | NJ | Z99 | $119,001 | $81,887 | Director | $0 | Same NTEE code Z99, revenue within 2x |
| TONY SAVARESE FOUNDATION INC | IL | Z99 | $80,295 | $4,531 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x |
| TOUCH CARE FOUNDATION INC | FL | Z99 | $96,904 | $91,000 | PRESIDENT | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| COTTAGE 1886 FOUNDATION INC | NJ | Z99 | $106,177 | $262,556 | CHAIRMAN | $0 | Same NTEE code Z99, revenue within 2x |
| FSJ FOUNDATION INC | IN | Z99 | $89,543 | $37,185 | DIRECTOR | $0 | Same NTEE code Z99, revenue within 2x, similar name |
| SOUTH FREMONT EDUCATION FOUNDATION INC | ID | Z99 | $100,905 | $93,256 | President | $0 | Same NTEE code Z99, revenue within 2x |
| CONCH FOUNDATION OF THE UPPER KEYS INC | FL | Z99 | $103,895 | $108,005 | President | $0 | Same NTEE code Z99, revenue within 2x |
| FALLEN RIDERS FOUNDATION | LA | Z99 | $93,242 | $120,554 | PRESIDENT LA | $0 | Same NTEE code Z99, revenue within 2x |
| DAUPHIN ISLAND FOUNDATION | AL | Z99 | $91,410 | $56,923 | ASSISTANT SEC.&TREA. | $14,560 | Same NTEE code Z99, revenue within 2x |
| CONSOLIDATED COMMUNICATIONS FOUNDATION | CA | Z99 | $83,822 | $86,728 | President and Board Member | $0 | Same NTEE code Z99, revenue within 2x |
| MADERA ROTARY FOUNDATION | CA | Z99 | $98,677 | $90,286 | President | $0 | Same NTEE code Z99, revenue within 2x |
| CORONA CHAMBER FOUNDATION | CA | Z99 | $79,565 | $40,672 | President & CEO- Former | $184,776 | Same NTEE code Z99, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990EZ · $37,036 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses (detail on Schedule O) | $37,036 | 100.0% | |
| Total | $37,036 | 100% |
2023 · Form 990EZ · $81,981 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses (detail on Schedule O) | $79,216 | 96.6% | |
| Fees to independent contractors | $2,765 | 3.4% | |
| Total | $81,981 | 100% |
2022 · Form 990EZ · $77,783 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses (detail on Schedule O) | $75,124 | 96.6% | |
| Fees to independent contractors | $2,659 | 3.4% | |
| Total | $77,783 | 100% |
2021 · Form 990EZ · $11,150 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses (detail on Schedule O) | $9,031 | 81.0% | |
| Fees to independent contractors | $2,119 | 19.0% | |
| Total | $11,150 | 100% |