Alaska's Future 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

2015

Legal Domicile

Principal Officer

TYLAN SCHROCK

Phone

9074402205

Tax Period

2018-01-01 to 2018-12-31

Alaska's Future Inc, founded in 2015, is a micro nonprofit that reported $5 in total revenue in fiscal year 2018. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $31K exceeded revenue, resulting in a 626000% operating deficit.

Mission

THE MISSION OF ALASKA'S FUTURE IS TO ENHANCE THE QUALITY OF LIFE FOR ALL ALASKANS BY PROVIDING EDUCATION AND ADVOCACY CONCERNING POLICY ISSUES IMPACTING ALASKA AND THE NATION.

Program Service Accomplishments

Program 1

Expenses: $8,499

Educating the Public: Alaska's Future is devoted to educating the public. Public education and information concerning the State of Alaska's fiscal gap, the implications of the same for future state services, the Alaska Permanent Fund, the earnings account of the permanent fund and the future of the Alaska Permanent Fund Dividend Program so that Alaskans understand the current situation and implications of the same for the future. This education and information message is communicated as widely as possible by means of earned and paid media, website, speeches, meetings, interviews, direct mail, newsletters and the like. It is undertaken by members, officers and agents of Alaska's Future. Making sure the public has an understanding of the fiscal gap and its implications are central to the effort to revise the current use of earnings of the Alaska Permanent Fund.

Program 2

Expenses: $1,213

Direct Advocacy: Utilizing resources to directly engage members of the Alaska Legislature and the Executive Branch officials to encourage them to support changes in the use of the earnings of the...

Direct Advocacy: Utilizing resources to directly engage members of the Alaska Legislature and the Executive Branch officials to encourage them to support changes in the use of the earnings of the fund. These efforts are undertaken by paid lobbyists retained by Alaska's Future and by members, officials and others who support the goals of Alaska's Future. This effort is undertaken largely through personal meetings or contacts with the above officials. Again such direct advocacy will help Alaska's Future achieve its goal as the decisions on the use of the earnings of the Permanent Fund are made by the legislature and executive branch.

Program 3

Expenses: $2,425

Indirect Advocacy: Utilizing resources to urge individual Alaskans to contact their elected officials to support change in the use of the earnings of the Permanent Fund. This is accomplished by a...

Indirect Advocacy: Utilizing resources to urge individual Alaskans to contact their elected officials to support change in the use of the earnings of the Permanent Fund. This is accomplished by a concerted widespread campaign using earned and paid media, website, speeches, meetings, interviews, direct mail, newsletters and the like. It is undertaken by members, officers and agents of Alaska's Future. It is anticipated that widespread support for the proposed change in the use of the earnings of the fund will be needed to persuade the elected officials to approve the proposed change.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $5

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,137

Other Expenses $31,305

TOTAL EXPENSES $31,305

Year-over-Year Comparison

	2018	2017	Change
Revenue	$5	$250,644	-1.0%
Expenses	$31,305	$307,321	-0.9%
Net Income	$-31,300	$-56,677	-0.4%

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

N/A

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
Vince Beltrami	Vice Presidnet	10.00	Officer Director	$0	$0	$0
Ron Duncan	President	10.00	Officer Director	$0	$0	$0
Steve Frank	Secretary	1.00	Officer Director	$0	$0	$0
Tylan Schrock	Treasurer	1.00	Officer	$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
2018	$5	$31,305	$62,892	$-31,300