ALASKAN SCOTTISH CLUB INC

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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

1970

Legal Domicile

Principal Officer

CATHERINE STEEN

Phone

9074406540

Tax Period

2024-01-01 to 2024-12-31

ALASKAN SCOTTISH CLUB INC, founded in 1970, is a small nonprofit in the Arts, Culture & Humanities sector that reported $490K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 15% operating margin.

Mission

TO PROMOTE THE SCOTTISH CULTURE, HERITAGE, AND TEACHINGS TO THE PEOPLE OF ALASKA. THIS PURPOSE IS ACHIEVED THROUGH EVENTS, WORKSHOPS, CONCERTS AND OTHER SOCIAL GATHERINGS IN ALASKA THROUGHOUT THE CALENDAR YEAR.

Program Service Accomplishments

Program 1

Expenses: $291,435 Revenue: $381,501

ALASKAN SCOTTISH HIGHLAND GAMES - ON JUNE 29-30, 2024 THE ALASKAN SCOTTISH HOSTED THE ANNUAL HIGHLAND GAMES AT THE ALASKA STATE FAIRGROUNDS IN PALMER AK. THIS CULTURAL EVENT CELEBRATED SCOTTISH...

ALASKAN SCOTTISH HIGHLAND GAMES - ON JUNE 29-30, 2024 THE ALASKAN SCOTTISH HOSTED THE ANNUAL HIGHLAND GAMES AT THE ALASKA STATE FAIRGROUNDS IN PALMER AK. THIS CULTURAL EVENT CELEBRATED SCOTTISH THROUGH TRADITIONAL ATHLETIC COMPETITIONS, INCLUDING CABOR TOSS, STONE PUT AND HAMMER THROW, AS WELL AS SCOTTISH MUSIC, HIGHLAND DANCING AND PIPING. THE GAMES WELCOMED APPROXIMATELY 12,000 ATTENDEES, ATHLETES, VENDORS, AND PERFORMERS, PROVIDING A FAMILY FRIENDLY ENVIRONMENT, THIS CULTIVATED CULTURAL EDUCATION AND COMMUNITY ENGAGEMENT. PROCEEDS FROM THE EVENT SUPPORTED THE CLUB'S MISSION BY PROVIDING YEAR ROUND ACTIVITIES AND PROGRAMS.

Program 2

Expenses: $18,247 Revenue: $19,093

ASC GOLF TOURNAMENT - ON AUGUST 10, 2024, THE ALASKAN SCOTTISH CLUB HELD ITS ANNUALTARTAN GOLF TOURNAMENT AT SETTLERS BAY GOLF COURSE. THE EVENT BROUGHT FRIENDS, MEMBERS AND SUPPORTERS TOGETHER FOR A DAY OF SPORT AND FELLOWLSHIP. PARTICIPANTS ENJOYED A FULL ROUND OF GOLF WHILE WEARING TARTAN TO CELEBRATE SCOTTISH TRADITION IN A FUN AND ENGAGING WAT. THE TOURNAMENT FOSTERED COMMUNITY SPIRITAND PROVIDED AN OPPORTUNITY FOR CULTURAL CONNECTION AND HELPED RAISE FUNDS TO SUPPORT THE CLUB'S MISSION OF PERSERVING AND PROMOTING SCOTTISH HERITAGE IN ALASKA.

Program 3

Expenses: $9,794 Revenue: $10,629

BURNS NIGHT - ON JANUARY 27, 2024 THE ALASKAN SCOTTISH CLUB HOSTED ITS ANNUAL BURNS NIGHT CELEBRATION IN ANCHORAGE AK. THE EVENT HONORS THE LIFE AND WORKS OF SCOTTISH POET ROBERT BURNS AND PROMOTES SCOTTISH HERITAGE IN THE COMMUNITY. THE EVENING INCLUDED TRADITIONAL ELEMENTS SUCH AS THE PIPING IN OF THE HAGGIS, RECITATION OF BURNS POETRY, TOASTS , SCOTTISH MUSIC AND DANCING. APPROXIMATELY 110 MEMBERS AND GUESTS ATTENDED REPRESENTING A DIVERSECROSS SECTION OF THE LOCAL COMMUNITY. THE EVENT PROVIDED CULTURAL EDUCATION, FELLOWSHIP, AND AN OPPORTUNITY TO PRESERVE AND CELEBRATE SCOTTISH TRADITIONS IN ALASKA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $111,445

Program Service Revenue $348,045

Investment Income $115

Other Revenue $30,431

TOTAL REVENUE $490,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,370

Fundraising Expenses $0

Program Expenses $319,476

Other Expenses $337,894

TOTAL EXPENSES $415,985

Year-over-Year Comparison

	2024	2023	Change
Revenue	$490,036	$287,284	+0.7%
Expenses	$415,985	$356,078	+0.2%
Net Income	$74,051	$-68,794	-2.1%

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

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
CATHERINE STEEN	PRESIDENT	2.00	Officer	$0	$0	$0
CHRISTINA MCCOSKEY	TREASURER	2.00	Officer	$0	$0	$0
NELSON ALGER	SECRETARY	2.00	Officer	$0	$0	$0
CHRISTA WALLACE	VICE PRESIDENT	2.00	Officer	$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
2025	No data	No data	No data	No data
2024	$490,036	$415,985	$205,448	$74,051
2023	$287,284	$356,078	$131,397	$-68,794
2022	$307,241	$373,293	$200,368	$-66,052
2021	$227,362	$206,112	$269,322	$21,250