SUSTAINABLE ENERGY FOR GALENA ALASKA INC (EIN 472174688) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

PHIL KOONTZ

Phone

9076567024

Tax Period

2023-01-01 to 2023-12-31

SUSTAINABLE ENERGY FOR GALENA ALASKA INC, founded in 2014, is a community nonprofit in the Environment sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 4% surplus.

Mission

PROVIDE WOODY BIOMASS FUEL FOR THE CITY OF GALENA'S DISTRICT HEATING SYSTEM, SUPPORT SUSTAINABLE ENERGY EDUCATION INITIATIVES AND IMPLEMENT OTHER ENERGY-EFFICIENCY AND RENEWABLE PROJECTS IN THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $871,556

Program Service Revenue $1,790,056

Investment Income $83

Other Revenue $0

TOTAL REVENUE $2,661,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,044,737

Fundraising Expenses $0

Program Expenses $2,308,525

Other Expenses $1,497,950

TOTAL EXPENSES $2,542,687

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,661,695	$1,328,199	+1.0%
Expenses	$2,542,687	$1,338,225	+0.9%
Net Income	$119,008	$-10,026	-12.9%

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

$134,640

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY KALKE	GENERAL MANA	40.00	Officer	$134,640	$0	$134,640
PHIL KOONTZ	PRESIDENT	0.12	Officer Director	$0	$0	$0
BRAD SCOTTON	VICE PRESIDE	0.12	Officer Director	$0	$0	$0
BEN BLASCO	SECRETARY	0.12	Officer Director	$0	$0	$0
NOLAN ALOYSIUS	TREASURER	0.12	Officer Director	$0	$0	$0
RONALD BURGETT II	DIRECTOR	0.12	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	No data	No data	No data	No data
2023	$2,661,695	$2,542,687	$424,517	$119,008
2022	$1,328,199	$1,338,225	$260,781	$-10,026
2019	$641,407	$635,740	$384,769	$5,667
2018	$517,604	$615,729	$381,050	$-98,125

SUSTAINABLE ENERGY FOR GALENA ALASKA INC