Alaska Correctional Ministries Inc (EIN 261161661) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

Ruben Bosley

Phone

9073390432

Tax Period

2024-01-01 to 2024-12-31

Alaska Correctional Ministries Inc, founded in 2008, is a small nonprofit in the Religion sector that reported $481K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $442K left a modest 8% surplus.

Mission

To partner with the AK Department of Corrections providing ministry and programs for change in the lives of inmates and ex-offenders

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $259,058

Program Service Revenue $199,049

Investment Income $3,141

Other Revenue $20,179

TOTAL REVENUE $481,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $274,818

Fundraising Expenses $0

Program Expenses $323,880

Other Expenses $167,636

TOTAL EXPENSES $442,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$481,427	$308,315	+0.6%
Expenses	$442,454	$367,482	+0.2%
Net Income	$38,973	$-59,167	-1.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

$35,110

Total Directors

$1,345

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ruben Bosley	Executive Dir.	20.00	Officer	$35,110	$0	$35,110
Bryan Dunfee	Director	0.50	Director	$1,345	$0	$1,345
Eileen K DalPoggetto	President	0.50	Officer Director	$0	$0	$0
Stephen D Guisinger	Secretary	0.50	Officer Director	$0	$0	$0
Judith Reagan	Director	0.50	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	$481,427	$442,454	$839,037	$38,973
2023	$308,315	$367,482	$808,963	$-59,167
2022	$426,329	$390,179	$870,381	$36,150
2021	$395,128	$398,830	$733,984	$-3,702
2020	$431,866	$343,587	$742,133	$88,279
2019	$416,333	$415,318	$682,939	$1,015

Alaska Correctional Ministries Inc