RURAL ALASKA FUEL SERVICES INC

EIN: 270074778 Mutual Benefit

ANCHORAGE, AK

Total Revenue
$270,564
Total Expenses
$444,931
Total Assets
$158,657
Net Assets
$-343,770
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
AK
Principal Officer
LEO BARLOW
Phone
9075620285
Tax Period
2023-01-01 to 2023-12-31

RURAL ALASKA FUEL SERVICES INC, founded in 2003, is a small nonprofit in the Mutual Benefit sector that reported $271K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $445K exceeded revenue, resulting in a 64% operating deficit.

Mission

ESTABLISHED TO ASSIST RURAL ALASKAN COMMUNITIES AND VILLAGES IN MANAGING THEIR BULK FUEL TANK FARM FACILITIES, PROVIDE ASSISTANCE IN REGULATORY COMPLIANCE, SAFETY AND ENVIRONMENTAL TRAINING IN FINANCIAL AND ADMINISTRATIVE MANAGEMENT. PROVIDE FOR THE SAFE DEMOLITION AND REMOVAL OF DECOMMISSIONED BULK FUEL TANKS AND PROVIDE TANK PAINTING SERVICES TO EXTEND THE USEFUL LIFE OF BULK FUEL TANKS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $270,564
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,668
Fundraising Expenses $0
Program Expenses $212,594
Other Expenses $194,263
TOTAL EXPENSES $444,931

Year-over-Year Comparison

2023 2022 Change
Revenue $270,564 $190,147 +0.4%
Expenses $444,931 $384,380 +0.2%
Net Income $-174,367 $-194,233 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
5

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
$100,006
Total Directors
6
$100,006
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEERA KOHLER DIRECTOR 1.00
Director
$0 $0 $0
JOHN LYONS DIRECTOR 1.00
Director
$0 $0 $0
MARK SMITH PRESIDENT 1.00
Officer Director
$0 $0 $0
BRIAN CROCKETT SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MIKE BLACK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LEO BARLOW CEO 40.00
Officer Director
$100,006 $0 $100,006
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 $270,564 $444,931 $158,657 $-174,367
2022 $190,147 $384,380 $341,757 $-194,233
2021 $337,267 $294,926 $528,111 $42,341
2020 $267,783 $344,446 $85,571 $-76,663
2019 $695,556 $772,752 $101,977 $-77,196
2018 $646,663 $808,210 $154,051 $-161,547
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