THE ARETE PROJECT

EIN: 830952003 501(c)(3)

GUSTAVUS, AK

Total Revenue
$247,027
Total Expenses
$166,747
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
AK
Principal Officer
AMITY WILCZEK
Tax Period
2020-01-01 to 2020-12-31

THE ARETE PROJECT, founded in 2019, is a small nonprofit that reported $247K in total revenue in fiscal year 2020. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $80K, a strong 32% operating margin.

Mission

TO TRAIN DIVERSE GROUPS OF YOUNG PEOPLE FOR LIVES OF CITIZENSHIP, STEWARDSHIP, AND LEADERSHIP BY CONVENING DIVERSE GROUPS OF YOUNG PEOPLE FOR INTENSIVE LIVING-LEARNING EDUCATIONAL EXPERIENCES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $144,789
Program Service Revenue $102,238
Investment Income $0
Other Revenue $0
TOTAL REVENUE $247,027

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,494
Fundraising Expenses $0
Program Expenses $166,747
Other Expenses $110,253
TOTAL EXPENSES $166,747

Year-over-Year Comparison

2020 2019 Change
Revenue $247,027 $475,228 -0.5%
Expenses $166,747 $97,310 +0.7%
Net Income $80,280 $377,918 -0.8%
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
5
Independent Members
5
Employees
8
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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMITY WILCZEK PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH CHARLET VICE-PRESIDE 1.00
Officer Director
$0 $0 $0
SHUBHRA MURARKA SECRETARY 1.00
Officer Director
$0 $0 $0
HANK LENTFER DIRECTOR 1.00
Director
$0 $0 $0
AMELIA WILSON 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
2020 $247,027 $166,747 No data $80,280
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