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Whale Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860941775 ✦ Flagstaff, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Whale Foundation Inc?

The Whale Foundation Inc, situated with undisclosed details, is a nonprofit organization that provides various aid programs. Their initiatives comprise offering activity health insurance stipends, funding 10 river guides for grantees, and distributing cash grants worth $6,750. Despite their efforts, the organization encountered a net investment loss of $42,678 in 2022, due to combined realized and unrealized losses on investments. Regrettably, they are unable to differentiate between these two types of losses.


Official website here: www.whalefoundation.org

Is Whale Foundation Inc legitimate?

Whale Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whale Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.whalefoundation.org

What is the mission statement of Whale Foundation Inc?

The Whale Foundation Inc, as per its mission statement, provides support for various programs. This includes offering activity health insurance stipends, granting funding to ten river guides, and providing cash grants worth $6,750. The organization's activities are not limited to these, as it also makes cash grants. However, it experienced a financial setback in 2022, with a net loss in investment value of $42,678 due to both realized and unrealized losses on investments, although the organization was unable to distinguish between the two types of losses.


Official website here: www.whalefoundation.org

Who is the CEO of Whale Foundation Inc?

Melissa Mcmaster is the President of Whale Foundation Inc.


Official website here: www.whalefoundation.org

What is the revenue of Whale Foundation Inc?

Whale Foundation Inc's revenue in 2022 was $145,907.


Official website here: www.whalefoundation.org

Who are the executives of Whale Foundation Inc and what are their salaries?


Here are 15 key members and their salaries:


Melissa Mcmaster (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Stalvey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Winter (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kenney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Unger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
West Howland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Larsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delaney Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Peak From 11-1-22 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aimee Backus From 11-1-22 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Louvier From 11-1-22 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Brouelette From 12-1-22 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Gloeckler Ending 11-30-22 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Fredrickson Ending 10-31-22 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.whalefoundation.org

Where can I find the form 990EZ for Whale Foundation Inc?

Whale Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.whalefoundation.org

Learn more at the official website: www.whalefoundation.org

Mission Statement of Whale Foundation Inc

The Whale Foundation, a nonprofit organization, is committed to providing assistance through various programs. One of their key initiatives includes offering activity health insurance stipends to eligible individuals. In addition, they grant 10 river guides to grantees, providing them with financial support. Furthermore, the Whale Foundation distributes cash grants of $6,750 to recipients. Despite facing a net loss in investment value of $42,678 in 2022 due to both realized and unrealized losses on investments, the organization continues to pursue its mission. The Whale Foundation's mission is to support individuals in various ways, providing financial aid and resources to enhance their well-being.

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Impact




October, 2024

Whale Foundation Inc significantly impacts the community by providing essential support through various programs. One of their key offerings includes activity health insurance stipends, which help individuals manage their health-related expenses related to active lifestyles. Additionally, they grant river guides to selected grantees, promoting outdoor engagement and adventure.

The foundation also allocates cash grants of $6,750, which can play a vital role in funding community projects or individual needs. Despite facing financial challenges, such as a net loss in investment value of $42,678 in 2022, the foundation continues to prioritize its mission in human services and community well-being. Through these initiatives, Whale Foundation Inc fosters resilience and empowerment within the Flagstaff, AZ area.




This information is meant to be a general summary of Whale Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$145,907 (2022)
Expenses
$160,406 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,692
  • Gross Receipts: $166,684

Assets and Liabilities:

  • Total Assets: $487,786
  • Total Liabilities: $8,356
  • Net Assets: $479,430

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Organization Details

Principal Officer

Melissa Mcmaster

Main Address

PO Box 855, Flagstaff, AZ, 860020855

NTEE Category

Code: P20 - Human services

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