STRATEGY STUDIO / PUBLIC DATA EXPLORER

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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Jason Wooten President2021-2024 0 $0 reported 1
Justin Harris Treasurer2021-2024 0 $0 reported 1
Adam Heafner Vice President2021-2024 0 $0 reported 1

People by year

2024 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JASON WOOTEN President0 $0-- $01
JUSTIN HARRIS Treasurer0 $0-- $01
ADAM HEAFNER Vice President0 $0-- $01
2023 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JASON WOOTEN PRESIDENT0 $0-- $01
JUSTIN HARRIS TREASURER0 $0-- $01
ADAM HEAFNER VICE PRESIDE0 $0-- $01
2022 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JASON WOOTEN PRESIDENT0 $0-- $01
JUSTIN HARRIS TREASURER0 $0-- $01
ADAM HEAFNER VICE PRESIDE0 $0-- $01
2021 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JASON WOOTEN PRESIDENT0 $0-- $01
JUSTIN HARRIS TREASURER0 $0-- $01
ADAM HEAFNER VICE PRESIDE0 $0-- $01

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.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990EZ period ending 2024-12-31 · view filing · original 990 ↗
$86,989$37,036 $179,653$179,653 $85,767- ---
2023 · Form 990EZ period ending 2023-12-31 · view filing · original 990 ↗
$92,429$81,981 $82,360$82,360 $91,518- ---
2022 · Form 990EZ period ending 2022-12-31 · view filing · original 990 ↗
$107,975$77,783 $51,796$51,796 $107,684- ---
2021 · Form 990EZ period ending 2021-12-31 · view filing · original 990 ↗
$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)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
PARENT BOOSTER USA INCAKZ99 $75,602$37,167 President$0 Same NTEE code Z99, revenue within 2x, same state
ANCHORAGE SCHOOL BUSINESS PARTNERSHIP INCAKZ99 $90,952$108,916 PRESIDENT$0 Same NTEE code Z99, revenue within 2x, same state
JASON MOTTE FOUNDATION INCAZZ99 $73,539$140,821 Secretary$35,000 Same NTEE code Z99, revenue within 2x, similar mission
ROI FOUNDATION INCMTZ99 $97,281$79,238 PRESIDENT$0 Same NTEE code Z99, revenue within 2x, similar name
FARR FOUNDATION INCMAZ99 $78,022$20,501 TRUSTEE$0 Same NTEE code Z99, revenue within 2x, similar name
REESSPECHT LIFE FOUNDATION INCNYZ99 $101,127$95,182 FOUNDER, PRESIDENT, CEO$51,685 Same NTEE code Z99, revenue within 2x, similar name
TRI-CENTRIC FOUNDATION INCNYZ99 $84,408$100,377 President$0 Same NTEE code Z99, revenue within 2x, similar name
SANTEE SANTAS FOUNDATION INCCAZ99 $90,922$102,150 PRESIDENT$0 Same NTEE code Z99, revenue within 2x, similar name
BETA PHI FOUNDATION INCINZ99 $81,657$62,512 TREASURER$7,800 Same NTEE code Z99, revenue within 2x, similar name
ACADEMY FOUNDATION INCARZ99 $84,916$78,616 EXECUTIVE DI$0 Same NTEE code Z99, revenue within 2x, similar name
CAG FOUNDATIONMNZ99 $80,416$63,655 CHARIMAN$0 Same NTEE code Z99, revenue within 2x
DL HANDY FOUNDATION INCGAZ99 $74,579$73,050 CEO/FOUNDER$0 Same NTEE code Z99, revenue within 2x, similar name
Y TO C FOUNDATIONCAZ99 $111,247$45 CEO$0 Same NTEE code Z99, revenue within 2x
BASILONE MEMORIAL FOUNDATION INCNJZ99 $119,001$81,887 Director$0 Same NTEE code Z99, revenue within 2x
TONY SAVARESE FOUNDATION INCILZ99 $80,295$4,531 PRESIDENT$0 Same NTEE code Z99, revenue within 2x
TOUCH CARE FOUNDATION INCFLZ99 $96,904$91,000 PRESIDENT$0 Same NTEE code Z99, revenue within 2x, similar name
COTTAGE 1886 FOUNDATION INCNJZ99 $106,177$262,556 CHAIRMAN$0 Same NTEE code Z99, revenue within 2x
FSJ FOUNDATION INCINZ99 $89,543$37,185 DIRECTOR$0 Same NTEE code Z99, revenue within 2x, similar name
SOUTH FREMONT EDUCATION FOUNDATION INCIDZ99 $100,905$93,256 President$0 Same NTEE code Z99, revenue within 2x
CONCH FOUNDATION OF THE UPPER KEYS INCFLZ99 $103,895$108,005 President$0 Same NTEE code Z99, revenue within 2x
FALLEN RIDERS FOUNDATIONLAZ99 $93,242$120,554 PRESIDENT LA$0 Same NTEE code Z99, revenue within 2x
DAUPHIN ISLAND FOUNDATIONALZ99 $91,410$56,923 ASSISTANT SEC.&TREA.$14,560 Same NTEE code Z99, revenue within 2x
CONSOLIDATED COMMUNICATIONS FOUNDATIONCAZ99 $83,822$86,728 President and Board Member$0 Same NTEE code Z99, revenue within 2x
MADERA ROTARY FOUNDATIONCAZ99 $98,677$90,286 President$0 Same NTEE code Z99, revenue within 2x
CORONA CHAMBER FOUNDATIONCAZ99 $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).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
CALIFORNIA COMMUNITY FOUNDATION DAF sponsor$1,163,6414 22009–2013 COMMUNITY FOUNDATION LAND TRUST; THE SOMERSET FOUNDATION INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$963,46329 122016–2024 TRI-CENTRIC FOUNDATION INC; HAWLEY SCHOLARSHIP FOUNDATION; FOUNDATION FOR RESEARCH ON ECONOMICS AND THE ENVIRONMENT; BETA PHI FOUNDATION INC and 8 more
INFOSYS FOUNDATION USA Private foundation$545,0005 12018–2022 MV GATE INC
CHAUNCEY AND MARION DEERING MCCORMICK FOUNDATION Private foundation$250,0006 12019–2024 MONTECITO FIREFIGHTERS CHARITABLE FOUNDATION
YAWKEY FOUNDATION II Private foundation$173,0006 12020–2024 BOSTON PARK LEAGUE INC
OREGON COMMUNITY FOUNDATION DAF sponsor$152,77811 12014–2024 ZONTA SERVICE FOUNDATION OF CORVALLIS
HOLMAN FOUNDATION INC Private foundation$136,0005 12014–2018 FOUNDATION FOR RESEARCH ON ECONOMICS AND THE ENVIRONMENT
SMIDT FAM FOUNDATION Private foundation$125,0004 12021–2024 MONTECITO FIREFIGHTERS CHARITABLE FOUNDATION
HUTTON FOUNDATION A DELAWARE CORP Private foundation$102,50010 12015–2024 PASSKEYS FOUNDATION
TESUQUE FOUNDATION INC Private foundation$100,0002 12024–2025 MUSIC FOR FOOD INC
SILICON VALLEY COMMUNITY FOUNDATION DAF sponsor$100,0004 12012–2016 COTTAGE 1886 FOUNDATION INC
CHASE FOUNDATION OF VIRGINIA Private foundation$85,0006 12010–2015 FOUNDATION FOR RESEARCH ON ECONOMICS AND THE ENVIRONMENT
KNOPF FAMILY FOUNDATION INC Private foundation$75,0003 12023–2025 ALL FOR ONE PET RESCUE INC
LESLIE L ALEXANDER FOUNDATION Private foundation$75,0003 12021–2024 ALL FOR ONE PET RESCUE INC
GOOD WORDS FOUNDATION Private foundation$75,0001 12024–2024 MADRID EDUCATIONAL ENDOWMENT FOUNDATION

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
LineAs describedTotalShare
Other expenses (detail on Schedule O) $37,036 100.0%
Total$37,036100%

View the filing

2023 · Form 990EZ · $81,981 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $79,216 96.6%
Fees to independent contractors $2,765 3.4%
Total$81,981100%

View the filing

2022 · Form 990EZ · $77,783 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $75,124 96.6%
Fees to independent contractors $2,659 3.4%
Total$77,783100%

View the filing

2021 · Form 990EZ · $11,150 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses (detail on Schedule O) $9,031 81.0%
Fees to independent contractors $2,119 19.0%
Total$11,150100%

View the filing