ANCHORAGE PARK FOUNDATION

EIN: 412205907 501(c)(3) Environment

ANCHORAGE, AK

Total Revenue
$2,212,819
Total Expenses
$2,269,447
Total Assets
$2,455,411
Net Assets
$2,360,912
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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
2005
Legal Domicile
AK
Principal Officer
ELIZABETH NORDLUND
Phone
9072741003
Tax Period
2024-01-01 to 2024-12-31

ANCHORAGE PARK FOUNDATION, founded in 2005, is a community nonprofit in the Environment sector that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

BUILDS HEALTHY PARKS AND HEALTHY PEOPLE BY MOBILIZING PUBLIC SUPPORT AND FINANCIAL RESOURCES FOR ANCHORAGE PARKS, TRAILS, AND RECREATION OPPORTUNITIES.

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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 $2,138,519
Program Service Revenue $0
Investment Income $40,049
Other Revenue $34,251
TOTAL REVENUE $2,212,819

Expense Breakdown

Grants Paid $149,365
Salaries & Benefits $659,818
Fundraising Expenses $141,944
Program Expenses $2,003,255
Other Expenses $1,460,264
TOTAL EXPENSES $2,269,447

Year-over-Year Comparison

2024 2023 Change
Revenue $2,212,819 $2,636,201 -0.2%
Expenses $2,269,447 $1,978,308 +0.1%
Net Income $-56,628 $657,893 -1.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
19

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
$111,359
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH NORDLUND EXECUTIVE DI 40.00
Officer
$111,359 $0 $111,359
JOELLE HALL BOARD CHAIR 2.00
Officer Director
$0 $0 $0
WILLIAM BITTNER VICE CHAIR 2.00
Officer Director
$0 $0 $0
SHANE BAIRD SECRETARY/TR 2.00
Officer Director
$0 $0 $0
ELEANOR ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
JOHN GLIVA THRU 724 DIRECTOR 1.00
Director
$0 $0 $0
SUSANNE FLEEK-GREEN DIRECTOR 1.00
Director
$0 $0 $0
HEATHER HANDYSIDE THRU 324 DIRECTOR 1.00
Director
$0 $0 $0
KELSEY POTDEVIN THRU 1024 DIRECTOR 1.00
Director
$0 $0 $0
ANN MARIE REMBERT SAFRANEK DIRECTOR 1.00
Director
$0 $0 $0
JIM TORGERSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID WIGHT DIRECTOR 1.00
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
2024 $2,212,819 $2,269,447 $2,455,411 $-56,628
2023 $2,636,201 $1,978,308 $2,617,889 $657,893
2022 $1,853,399 $1,652,526 $1,945,952 $200,873
2021 $1,798,936 $1,814,143 $1,708,680 $-15,207
2020 $1,771,024 $1,463,472 $1,791,178 $307,552
2019 $1,658,623 $1,582,376 $1,306,354 $76,247
2018 $1,761,921 $1,404,086 $1,262,485 $357,835
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