Wounded Veterans Alaska Adventure Project

EIN: 821004225 501(c)(3) Public & Societal Benefit

Ketchikan, AK

Total Revenue
$334,992
Total Expenses
$112,094
Total Assets
$417,124
Net Assets
$417,124
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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
2017
Legal Domicile
AK
Principal Officer
William Boulton
Phone
8189438585
Tax Period
2024-01-01 to 2024-12-31

Wounded Veterans Alaska Adventure Project, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $335K in total revenue in fiscal year 2024. Revenue surged 220% from the prior year, signaling strong growth momentum. The organization ran a surplus of $223K, a strong 67% operating margin.

Mission

Support for Wounded Veterans in Alaska through community events

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $156,229
Program Service Revenue $0
Investment Income $354
Other Revenue $178,409
TOTAL REVENUE $334,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $64,898
Other Expenses $112,094
TOTAL EXPENSES $112,094

Year-over-Year Comparison

2024 2023 Change
Revenue $334,992 $104,794 +2.2%
Expenses $112,094 $55,524 +1.0%
Net Income $222,898 $49,270 +3.5%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Boulton President 1.00
Officer Director
$0 $0 $0
Timothy Currall Vice President 1.00
Officer Director
$0 $0 $0
Patrick Currall Treasurer 1.00
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 $334,992 $112,094 $417,124 $222,898
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