DOWNTOWN ASSOCIATION OF FAIRBANKS

🔒

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

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

DAVID VAN DEN BERG

Phone

9074528671

Tax Period

2022-01-01 to 2022-12-31

DOWNTOWN ASSOCIATION OF FAIRBANKS, founded in 1979, is a small nonprofit that reported $112K in total revenue in fiscal year 2022.

Mission

THE DOWNTOWN ASSOCIATION OF FAIRBANKS PROMOTES, PRESERVES AND REVITALIZES DOWNTOWN FAIRBANKS THROUGH THEIR DOWNTOWN MAP GUIDE, DOWNTOWN MEMBER SPOTLIGHTS, QUARTERLY NEWSLETTERS, COMMUNITY INTERACTIVE WEBSITE, MAINTENANCE OF THE HISTORIC CITY HALL BUILDING, AND DEVELOPMENT OF DOWNTOWN DESIGN GUIDELINES, DEVELOPMENT STANDARDS AND STREET STANDARDS. THE STANDARDS ARE A MAJOR STEP IN THE IMPLEMENTATION OF THE VISION FAIRBANKS DOWNTOWN PLAN - A COMMUNITY SUPPORTED ECONOMIC DEVELOPMENT PLAN TO INVEST IN DOWNTOWN ROADS AND SIDEWALKS, AND GUIDE NEW CONSTRUCTION IN THE DOWNTOWN CORE.

Program Service Accomplishments

Program 1

Expenses: $84,864 Revenue: $81,788

TO ENCOURAGE AND FOSTER ECONOMIC GROWTH THAT WILL RESULT IN A DOWNTOWN THAT IS A VITAL, ENERGETIC AND ATTRACTIVE CENTER FOR THE FAIRBANKS COMMUNITY.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $30,635

Program Service Revenue $7,187

Investment Income $7

Other Revenue $74,594

TOTAL REVENUE $112,423

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,292

Fundraising Expenses $0

Program Expenses $84,864

Other Expenses $47,860

TOTAL EXPENSES $115,152

Year-over-Year Comparison

	2022	2021	Change
Revenue	$112,423	$113,396	0.0%
Expenses	$115,152	$130,701	-0.1%
Net Income	$-2,729	$-17,305	-0.8%

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

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

$60,605

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS MILLER	PRESIDENT	2.00	Officer Director	$0	$0	$0
BUKI WRIGHT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVE HAYDEN	BOARD MEMBER	2.00	Director	$0	$0	$0
SUE SPRINKLE	BOARD MEMBER	2.00	Director	$0	$0	$0
JACKSON FOX	BOARD MEMBER	2.00	Director	$0	$0	$0
RON JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
CHAD ROBERTS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINE LUPER	SECRETARY	2.00	Officer Director	$0	$0	$0
OLIVIA DOWLING	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID VAN DEN BERG	EXECUTIVE DIRECTOR	20.00	Officer	$60,605	$0	$60,605

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	$112,423	$115,152	No data	$-2,729
2021	$113,396	$130,701	$10,665	$-17,305
2020	$72,952	$89,937	$41,273	$-16,985
2019	$77,504	$111,883	$41,221	$-34,379
2018	$120,854	$153,362	$75,495	$-32,508