GEORGESON BOTANICAL GARDEN FRIENDS

EIN: 260660511 501(c)(3) Environment

FAIRBANKS, AK

Total Revenue
$219,660
Total Expenses
$183,600
Total Assets
$389,532
Net Assets
$389,532
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
AK
Principal Officer
Becky Hassebroek
Phone
9074563066
Tax Period
2024-09-01 to 2025-08-31

GEORGESON BOTANICAL GARDEN FRIENDS, founded in 2008, is a small nonprofit in the Environment sector that reported $220K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $36K, a strong 16% operating margin.

Mission

This non-profit organization is organized exclusively for charitable scientific educational and civic purposes within the meaning of Section 501c3 of the Internal Revenue Code including but not limited to activities which a. support the Georgeson Botanical Garden b. perform special tasks related to the Garden including but not limited to raising funds to support the Georgeson Botanical Garden its public education and horticultural programs and c. share information about the Georgeson Botanical Garden programs and events.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $158,948
Program Service Revenue $0
Investment Income $4,150
Other Revenue $56,562
TOTAL REVENUE $219,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $165,783
Other Expenses $183,600
TOTAL EXPENSES $183,600

Year-over-Year Comparison

2024 2023 Change
Revenue $219,660 $182,450 +0.2%
Expenses $183,600 $143,050 +0.3%
Net Income $36,060 $39,400 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patty Kastelic President 20.00
Officer
$0 $0 $0
Marsha Munsell Vice President 15.00
Officer
$0 $0 $0
Elizabeth Paxson Secretary 15.00
Officer
$0 $0 $0
Becky Hassebroek Treasurer 20.00
Officer
$0 $0 $0
Aldona Jonaitis Board Member 5.00
Director
$0 $0 $0
Mel Sikes Board Member 5.00
Director
$0 $0 $0
Elisabeth Nadin Board Member 5.00
Director
$0 $0 $0
Sam Gossett Board Member 5.00
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
2025 $219,660 $183,600 $389,532 $36,060
2022 $389,717 $321,465 $225,217 $68,252
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