KUAC FRIENDS GROUP

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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

GRETCHEN GORDON

Phone

9074747491

Tax Period

2024-07-01 to 2025-06-30

KUAC FRIENDS GROUP, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 5% surplus.

Mission

KUAC TELLS STORIES THAT WOULD OTHERWISE GO UNTOLD; BRINGS AWARENESS TO ISSUES THAT WOULD OTHERWISE GO OVERLOOKED; PRESENTS PERFORMANCES THAT WOULD OTHERWISE BE INACCESSIBLE. KUAC EDUCATES EVERY GENERATION. AT KUAC, WE CREATE RADIO AND TELEVISION PROGRAMMING THAT IS THOUGHT-PROVOKING, TRUSTWORTHY, AND EVEN LIFE-CHANGING - CONNECTING ALASKA TO THE WORLD AND THE WORLD TO ALASKA.

Program Service Accomplishments

Program 1

Expenses: $1,171,593

DURING FY25 KUAC FRIENDS GROUP SUPPORTED THE BROADCAST SERVICES OF KUAC FM AND TV, PROVIDING PUBLIC RADIO AND TELEVISION PROGRAMMING THROUGHOUT INTERIOR ALASKA ON ONE RADIO CHANNEL AND SIX TELEVISION...

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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 $1,262,485

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,262,485

Expense Breakdown

Grants Paid $1,171,593

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,171,593

Other Expenses $24,816

TOTAL EXPENSES $1,196,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,262,485	$1,168,979	+0.1%
Expenses	$1,196,409	$1,165,286	+0.0%
Net Income	$66,076	$3,693	+16.9%

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

N/A

Volunteers

450

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BART MAIZE	DIRECTOR	1.00	Director	$0	$0	$0
PATTY KASTELIC	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL WHITE	DIRECTOR	1.00	Director	$0	$0	$0
DERIK STONE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DONNA OLESEN	DIRECTOR	1.00	Director	$0	$0	$0
JO HECKMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HOSTINA	DIRECTOR	1.00	Director	$0	$0	$0
MIKE POWER	DIRECTOR	1.00	Director	$0	$0	$0
NATE BAUER	PRESIDENT	1.00	Officer Director	$0	$0	$0
SARAH KELLER	SECRETARY	1.00	Officer Director	$0	$0	$0
SHAWN WIEGAND	TREASURER	1.00	Officer Director	$0	$0	$0
TANIA CLUCAS	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	$1,262,485	$1,196,409	$350,513	$66,076
2024	$1,168,979	$1,165,286	$284,437	$3,693
2023	$1,248,702	$1,279,755	$280,744	$-31,053
2022	$1,246,602	$1,220,524	$311,797	$26,078
2021	$958,411	$950,090	$285,719	$8,321
2020	$758,322	$637,714	$277,398	$120,608
2019	$301,246	$157,563	$156,790	$143,683