THE ALASKA HEARING FOUNDATION

EIN: 882229608 501(c)(3) Health Care

ANCHORAGE, AK

Total Revenue
$60,241
Total Expenses
$8,344
Total Assets
$51,897
Net Assets
$51,897
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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
2022
Legal Domicile
AK
Principal Officer
DR THOMAS MCCARTY
Phone
9073413097
Tax Period
2022-04-14 to 2022-12-31

THE ALASKA HEARING FOUNDATION, founded in 2022, is a micro nonprofit in the Health Care sector that reported $60K in total revenue in fiscal year 2022. The organization ran a surplus of $52K, a strong 86% operating margin.

Mission

TO PROVIDE HIGH-QUALITY AUDIOLOGY SERVICES TO LOW-INCOME CHILDREN AND ADULTS, TO ASSIST AND EDUCATE LOW-INCOME CHILDREN AND ADULTS IN THE PRESERVATION OR IMPROVEMENT OF THEIR HEARING, AND TO PROVIDE HEARING AIDS AND RELATED SERVICES TO LOW-INCOME CHILDREN AND ADULTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $60,240
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $60,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,344
Other Expenses $8,344
TOTAL EXPENSES $8,344

Year-over-Year Comparison

2022 2021 Change
Revenue $60,241 N/A N/A
Expenses $8,344 N/A N/A
Net Income $51,897 N/A N/A
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
N/A
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR THOMAS MCCARTY DIRECTOR/PRE 1.00
Officer Director
$0 $0 $0
MINNIE MCCARTY DIRECTOR/SEC 1.00
Officer Director
$0 $0 $0
ALYSON RULEY 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
2022 $60,241 $8,344 $51,897 $51,897
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