ATHABASCAN FIDDLERS ASSOCIATION

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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

2004

Legal Domicile

Principal Officer

ROSE LUND

Phone

9073749777

Tax Period

2024-01-01 to 2024-12-31

ATHABASCAN FIDDLERS ASSOCIATION, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $467K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TO INCREASE THE AWARENESS AND APPRECIATION OF OLD TIME ATHABASCAN MUSIC, CULTURE AND HISTORY.

Program Service Accomplishments

Program 1

Expenses: $340,912 Revenue: $217,802

VOICE OF DENALI, KRFF 89.1, WAS CREATED BY THE ORGANIZATION WITH THE MISSION OF SHARING, PERPETUATING, AND PRESERVING ATHABASCAN CULTURE, TRADITIONS, AND VALUES, THROUGH PRESERVATION, DOCUMENTATION, AND EDUCATION. BECAUSE OF COVID-19,THE RURAL VILLAGES WERE LOCKED DOWN AND TRAVEL BETWEEN RURAL AND URBAN ALASKA WAS LARGELY PROHIBITED. THE VOICE OF DENALI BECAME A CONNECTION BETWEEN RURAL ALASKA AND THE REST OF THE STATE.

Program 2

Expenses: $44,753

TRADITIONALLY THE ORGANIZATION COORDINATES A FOUR DAY FESTIVAL ATTENDED BY ALASKA NATIVES FROM ALL OVER THE STATE OF ALASKA AND BEYOND. THE CULTURAL EVENT PASSES ON THE NATIVE TRADITIONS FROM THE...

TRADITIONALLY THE ORGANIZATION COORDINATES A FOUR DAY FESTIVAL ATTENDED BY ALASKA NATIVES FROM ALL OVER THE STATE OF ALASKA AND BEYOND. THE CULTURAL EVENT PASSES ON THE NATIVE TRADITIONS FROM THE ELDERS TO THE YOUNGER GENERATION WHICH INSURES THE CONTINUATION OF "KEEPING TIME WITH YOUNG AND OLD" DURING THE FOUR DAY FESTIVAL. SOME MEMBERS OF THE FAIRBANKS JUNIOR FIDDLERS AND OTHER YOUTH ORGANIZED A CONCERT FOR ELDERS WHO WANT THE TRADITIONAL MUSIC TO PLAY ON.

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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 $79,726

Program Service Revenue $217,802

Investment Income $0

Other Revenue $169,051

TOTAL REVENUE $466,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,573

Fundraising Expenses $42,532

Program Expenses $385,665

Other Expenses $384,797

TOTAL EXPENSES $498,370

Year-over-Year Comparison

	2024	2023	Change
Revenue	$466,579	$506,267	-0.1%
Expenses	$498,370	$419,836	+0.2%
Net Income	$-31,791	$86,431	-1.4%

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

N/A

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

$5,550

Total Directors

$10,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE LUND	PRESIDENT	1.00	Officer Director	$3,550	$0	$3,550
KEN CHARLIE	DIRECTOR	1.00	Director	$500	$0	$500
REBECCA GALLEN	SECRETARY & TREASURER	1.00	Director	$4,100	$0	$4,100
JOSEPHINE MALEMUTE	VICE PRESIDENT	1.00	Officer Director	$2,000	$0	$2,000

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	$466,579	$498,370	$687,370	$-31,791
2023	$373,056	$343,531	$505,272	$29,525
2022	$365,386	$421,912	$505,272	$-56,526
2021	$741,997	$430,560	$550,875	$311,437
2020	$482,602	$365,171	$373,072	$117,431
2019	$408,751	$372,757	$123,467	$35,994
2018	$233,372	$390,141	$89,131	$-156,769