ALASKA LONGLINE FISHERMENS ASSOCIATION (EIN 010951115) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

DICK CURRAN

Phone

9077473400

Tax Period

2023-01-01 to 2023-12-31

ALASKA LONGLINE FISHERMENS ASSOCIATION, founded in 1978, is a small nonprofit in the Community Improvement sector that reported $575K in total revenue in fiscal year 2023. Expenses of $556K left a modest 3% surplus.

Mission

ALFA IS AN ASSOCIATION OF INDEPENDENT LONGLINE FISHERMEN WHO ARE COMMITTED TO CONTINUING THE SUSTAINABLE HARVEST OF SABLEFISH, HALIBUT, AND GROUNDFISH, WHILE SUPPORTING HEALTHY MARINE ECOSYSTEMS AND STRONG COASTAL COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $408,658

Program Service Revenue $142,369

Investment Income $579

Other Revenue $23,880

TOTAL REVENUE $575,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,709

Fundraising Expenses $0

Program Expenses $467,276

Other Expenses $275,164

TOTAL EXPENSES $555,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$575,486	$596,170	0.0%
Expenses	$555,873	$493,068	+0.1%
Net Income	$19,613	$103,102	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DICK CURRAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JEFF FARVOUR	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TERRY PERENSOVICH	SECRETARY	N/A	Officer Director	$0	$0	$0
WENDY ALDERSON	BOARDMEMBER	N/A	Director	$0	$0	$0
FRANK BALOVICH	BOARDMEMBER	N/A	Director	$0	$0	$0
STEVE FISH	BOARDMEMBER	N/A	Director	$0	$0	$0
CALE LADUKE	BOARDMEMBER	N/A	Director	$0	$0	$0
NORM PILLEN	BOARDMEMBER	N/A	Director	$0	$0	$0
PHIL WYMAN	BOARDMEMBER	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$575,486	$555,873	$608,700	$19,613
2022	$596,170	$493,068	$614,790	$103,102
2021	$439,836	$379,744	$520,285	$60,092
2020	$872,884	$666,308	$504,110	$206,576
2019	$826,807	$798,606	$259,973	$28,201
2018	$662,948	$624,103	$345,593	$38,845

ALASKA LONGLINE FISHERMENS ASSOCIATION