GIRDWOOD INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

DALE GOODWIN

Phone

9077832128

Tax Period

2024-01-01 to 2024-12-31

GIRDWOOD INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $726K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 45% operating deficit.

Mission

GIRDWOOD, INC. IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES TO FACILITATE THE PUBLIC SERVICE NEEDS OF THE GIRDWOOD VALLEY AND TO PURSUE OTHER EDUCATIONAL AND CHARITABLE PURPOSES THAT WILL FOSTER THE ECONOMIC HEALTH AND VITALITY OF THE REGION AND ITS INHABITANTS.

Program Service Accomplishments

Program 1

Expenses: $143,130 Revenue: $29,592

RESTORATION OF THE ROUNDHOUSE AT ALYESKA INCLUDING INTERIOR, EXTERIOR, AND INSTALLATION OF EXHIBITS CREATING A PUBLIC MUSEUM DETAILING AREA HISTORY AND WINTER RECREATION AT MT. ALYESKA SKI AREA...

RESTORATION OF THE ROUNDHOUSE AT ALYESKA INCLUDING INTERIOR, EXTERIOR, AND INSTALLATION OF EXHIBITS CREATING A PUBLIC MUSEUM DETAILING AREA HISTORY AND WINTER RECREATION AT MT. ALYESKA SKI AREA. SERVES GIRDWOOD AND TURNAGAIN ARM (APPROX. 3,720), VISITORS FROM ALASKA AND OUT OF STATE VISITORS NUMBERING OVER 1 MILLION EACH YEAR. OPEN FOR VISITORS IN 2008. ONGOING OPERATIONS AND MAINTENANCE.

Program 2

Expenses: $695,902

SUPPORT THE GIRDWOOD CHILDCARE BUILDING PROJECT. COLLECT PUBLIC CONTRIBUTIONS TO SUPPORT THE COMMUNITY EFFORT TO BUILD A CHILDCARE FACILITY THAT WOULD SERVE THE GIRDWOOD COMMUNITY (2,720) AND...

SUPPORT THE GIRDWOOD CHILDCARE BUILDING PROJECT. COLLECT PUBLIC CONTRIBUTIONS TO SUPPORT THE COMMUNITY EFFORT TO BUILD A CHILDCARE FACILITY THAT WOULD SERVE THE GIRDWOOD COMMUNITY (2,720) AND ADJOINING AREAS (1,000).

Program 3

Expenses: $89,249

SUPPORT LOCAL EFFORT TO COMPLETE A TRANSPARENT, INCLUSIVE REVIEW OF THE GIRDWOOD AREA PLAN WHICH WILL GUIDE GIRDWOOD LAND USE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $526,992

Program Service Revenue $29,592

Investment Income $11,582

Other Revenue $158,113

TOTAL REVENUE $726,279

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,378

Fundraising Expenses $0

Program Expenses $970,226

Other Expenses $975,331

TOTAL EXPENSES $1,056,709

Year-over-Year Comparison

	2024	2023	Change
Revenue	$726,279	$952,986	-0.2%
Expenses	$1,056,709	$454,018	+1.3%
Net Income	$-330,430	$498,968	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNNE' DORAN	SECRETARY	1.00	Officer Director	$0	$0	$0
ALEXANDRA FLETCHER	DIRECTOR	0.50	Director	$0	$0	$0
DALE GOODWIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
HANK HOSFORD	DIRECTOR	0.50	Director	$0	$0	$0
DIANA STONE LIVINGSTON	DIRECTOR	0.50	Director	$0	$0	$0
RICH PETERSON	DIRECTOR	0.50	Director	$0	$0	$0
SHARON PRUSZKO	DIRECTOR	0.50	Director	$0	$0	$0
JOHN RENSE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MATTHEW SCHECHTER	TREASURER	2.00	Officer 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	$726,279	$1,056,709	$3,653,083	$-330,430
2023	$952,986	$454,018	$3,979,003	$498,968
2022	$1,835,276	$233,042	$3,480,860	$1,602,234
2021	$228,445	$199,163	$1,835,616	$29,282
2020	$183,000	$254,758	$1,806,249	$-71,758
2019	$319,594	$265,552	$1,878,963	$54,042
2018	$312,282	$269,037	$1,824,921	$43,245