ANCHORAGE PARK FOUNDATION

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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

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.

Program Service Accomplishments

Program 1

Expenses: $600,579

FISCAL SPONSORSHIP - ANCHORAGE PARK FOUNDATION RECEIVES FUNDS AND ADMINISTERS GRANTS IN SUPPORT OF OTHER ORGANIZATIONS FOR FUNDRAISING AND COMMUNITY PROJECTS WITHIN THE TAX-EXEMPT PURPOSES OF THE...

FISCAL SPONSORSHIP - ANCHORAGE PARK FOUNDATION RECEIVES FUNDS AND ADMINISTERS GRANTS IN SUPPORT OF OTHER ORGANIZATIONS FOR FUNDRAISING AND COMMUNITY PROJECTS WITHIN THE TAX-EXEMPT PURPOSES OF THE FOUNDATION.

Program 2

Expenses: $483,373

TRAILS INITIATIVE - THE ANCHORAGE TRAILS INITIATIVE IS A COMMUNITY COALITION THAT EMPOWERS CITIZENS TO SPEAK UP FOR WALKABLE, BIKEABLE TRANSPORTATION STRATEGIES AND INVESTMENTS TO INCREASE...

TRAILS INITIATIVE - THE ANCHORAGE TRAILS INITIATIVE IS A COMMUNITY COALITION THAT EMPOWERS CITIZENS TO SPEAK UP FOR WALKABLE, BIKEABLE TRANSPORTATION STRATEGIES AND INVESTMENTS TO INCREASE CONNECTIVITY, IMPROVE HEALTH AND ATTRACT AND RETAIN TOP TALENT AND INVESTMENT TO ANCHORAGE.

Program 3

Expenses: $426,033

COMMUNITY CHALLENGE GRANTS - ANCHORAGE PARK FOUNDATION'S COMMUNITY CHALLENGE GRANT PROGRAM SUPPORTS COMMUNITY-LED MUNICIPAL PARK AND TRAIL IMPROVEMENT PROJECTS THAT BENEFIT THE PUBLIC. THIS PROGRAM HAS TWO OVERARCHING GOALS: (1) IMPROVE ANCHORAGE PARKS, TRAILS AND FACILITIES (2) SUPPORT INDIVIDUALS, NEIGHBORHOODS, ORGANIZATIONS AND BUSINESSES THAT VALUE VOLUNTEERISM AND STEWARDSHIP FOR PUBLIC LANDS.

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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 $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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$111,359

Total Directors

Key Employees

Highest Compensated

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
2025	No data	No data	No data	No data
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