Alaska · Nonprofit
Assets Inc
Assets Inc (Alaska) receives grants from 4 organizations whose IRS filings report $118,841 to it, the largest being SOURCEAMERICA ($107,369). 2 of them have funded it in more than one year.
- Revenue FY2025
- $15M
- Funders on record
- 4
- Grants received
- $119k
- Net assets
- $8.0M
What Assets Inc does
Mission
Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services.
As stated on its FY2025 Form 990.
Programs
Contract Services - Assets has achieved the employment of approximately 150 individuals with cognitive or intellectual disabilities by directly employing persons with disabilities to provide the operations of several federal, state, and private contracts the organization operates within the community.
$7,386,351 spent$9,112,927 earned by the program61% of program spendingSupported Employment - assists individuals to obtain and retain employment within local businesses. Currently works with over 40 local employers.Supported Living Services - skill building, coaching, and resource coordination to assist individuals to live in their own homes.
$4,662,008 spent$4,973,335 earned by the program39% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,048,359.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $18M to $12M (−33%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 9% · 2018 7% · 2019 5% · 2020 0% · 2021 5% · 2022 2% · 2023 0% · 2024 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
0% of Assets Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Matthew Jones
CEO
Board chair
Brenda Duty
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $98 → $11k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Assets Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Assets Inc leans on a few funders — its largest provides 90% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Assets Inc.
Largest funder’s share by year: 2020 100% · 2021 94% · 2022 100% · 2023 99% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Assets Inc draws 92% of its grant income from funders outside Alaska, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $472 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Assets Inc's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 274 employment nonprofits $10M–$100M, FY2025
Government funding Assets Inc receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50.8M on record.
- Department of Defense$44.8M
- General Services Administration$5.8M
- Department of the Interior$213k
- Department of the Treasury$27k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Assets Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Alaska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for Assets Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Assets Inc?
- Assets Inc (Alaska) receives grants from 4 organizations whose IRS filings report $118,841 to it, the largest being SOURCEAMERICA ($107,369). 2 of them have funded it in more than one year.
- How many funders does Assets Inc have?
- IRS filings report 4 organizations giving $118,841 in grants to Assets Inc, 2 of which have funded it in more than one year.
- Who is the largest funder of Assets Inc?
- SOURCEAMERICA is the largest funder on record, with $107,369 in grants. The full list of funders is on this page.
- How can an organization like Assets Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Assets →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing