Alaska Works Partnership Inc (EIN 911786519) - Form 990 Financial Analysis & Trantor Score

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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

1996

Legal Domicile

Principal Officer

Melody Austin

Phone

9075694711

Tax Period

2024-07-01 to 2025-06-30

Alaska Works Partnership Inc, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 33% operating deficit.

Mission

ALASKA WORKS PARTNERSHIP, INC. IS FOCUSED ON PRODUCING A TRAINED WORKFORCE THAT REFLECTS THE DIVERSITY OF THE COMMUNITIES IT SERVES. THE ORGANIZATION WORKS TO BUILD MUTUALLY BENEFICIAL PARTNERSHIPS BETWEEN PUBLIC AND PRIVATE SECTOR OWNERSHIP ENTITIES, CONTRACTORS, NATIVE ORGANIZATIONS, UNIONS, JOINT APPRENTICESHIP AND TRAINING COMMITTEES, AND LOCAL, STATE, AND FEDERAL GOVERNMENTAL AGENCIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,892,591

Program Service Revenue $246,962

Investment Income $193

Other Revenue $0

TOTAL REVENUE $2,139,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,869,787

Fundraising Expenses $0

Program Expenses $1,887,828

Other Expenses $972,040

TOTAL EXPENSES $2,841,827

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,139,746	$3,589,408	-0.4%
Expenses	$2,841,827	$3,191,349	-0.1%
Net Income	$-702,081	$398,059	-2.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$372,671

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alexis Cowell	Executive Director	40.0	Officer	$147,722	$56,442	$204,164
Melody Austin	Financial Admin	40.0	Officer	$118,157	$50,350	$168,507
Bronson Frye	President	0.5	Officer Director	$0	$0	$0
Josh Bolton	Vice President	0.5	Officer Director	$0	$0	$0
Rodney Wolcott	Secretary	0.5	Officer Director	$0	$0	$0
Melissa Caress	Treasurer	0.5	Officer Director	$0	$0	$0
Aaron Plikat	Board Member	0.5	Director	$0	$0	$0
Charlie Young	Board Member	0.5	Director	$0	$0	$0
Shane Wuollet	Board Member	0.5	Director	$0	$0	$0
Suzanne McCarthy	Board Member	0.5	Director	$0	$0	$0
Kyle Virgin	Board Member	0.5	Director	$0	$0	$0
Jason Fernandez	Board Member	0.5	Director	$0	$0	$0
Bruce Bold	Board Member	0.5	Director	$0	$0	$0
Antwon Dungey	Board Member	0.5	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
2025	$2,139,746	$2,841,827	$2,915,041	$-702,081
2024	$3,589,408	$3,191,349	$2,469,516	$398,059
2023	$3,786,112	$3,389,495	$2,355,864	$396,617
2022	$3,187,000	$2,978,033	$1,574,021	$208,967
2021	$3,295,008	$2,973,781	$1,354,654	$321,227
2020	$2,197,650	$2,127,637	$939,793	$70,013
2019	$2,214,096	$1,991,584	$913,089	$222,512
2018	$2,247,562	$2,257,013	$865,210	$-9,451

Alaska Works Partnership Inc