ALASKA FOREST ASSOCIATION INC

EIN: 920023202

KETCHIKAN, AK

Total Revenue
$262,236
Total Expenses
$317,947
Total Assets
$463,876
Net Assets
$444,586
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
AK
Principal Officer
TESSA AXELSON
Phone
9072256114
Tax Period
2024-01-01 to 2024-12-31

ALASKA FOREST ASSOCIATION INC, founded in 1957, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $318K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROMOTE A HEALTH, GROWING FOREST-BASED INDUSTRY IN ALASKA NAD TO PROVIDE COST EFFECTIVE BENEFITS AND SERVICES TO ITS MEMBERS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $233,172
Program Service Revenue $0
Investment Income $33,166
Other Revenue $-4,102
TOTAL REVENUE $262,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $317,947
TOTAL EXPENSES $317,947

Year-over-Year Comparison

2024 2023 Change
Revenue $262,236 $239,776 +0.1%
Expenses $317,947 $300,006 +0.1%
Net Income $-55,711 $-60,230 -0.1%
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

Sign In

Governance

Voting Members
21
Independent Members
N/A
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TESSA AXELSON EXECUTIVE DI 40.00
Officer
$0 $0 $0
BRYCE DAHLSTROM PRESIDENT 2.00
Officer Director
$0 $0 $0
ERIC NICHOLS VICE PRESIDE 2.00
Officer Director
$0 $0 $0
BRIAN BROWN TREASURER 2.00
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 $262,236 $317,947 $463,876 $-55,711
2023 $239,776 $300,006 $527,250 $-60,230
2022 $310,792 $367,656 $565,699 $-56,864
2021 $215,713 $283,688 $660,868 $-67,975
2020 $268,851 $315,713 $797,355 $-46,862
2019 $418,529 $405,981 $913,785 $12,548
2018 $294,600 $406,125 $738,257 $-111,525
Explore More Nonprofits
Top 100 Nonprofits in Alaska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALASKA FOREST ASSOCIATION INC with other nonprofits in Alaska and across the country.