WRANGELL SENIOR CITIZENS INC

EIN: 920078288

WRANGELL, AK

Total Revenue
$354,300
Total Expenses
$335,778
Total Assets
$1,494,567
Net Assets
$1,326,726
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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
1995
Legal Domicile
AK
Principal Officer
DAVID SVENDSON
Phone
9078743944
Tax Period
2023-01-01 to 2023-12-31

WRANGELL SENIOR CITIZENS INC, founded in 1995, is a small nonprofit that reported $354K in total revenue in fiscal year 2023. Expenses of $336K left a modest 5% surplus.

Mission

PROVIDE AFFORDABLE HOUSING FOR LOW INCOME SENIORS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $354,227
Investment Income $73
Other Revenue $0
TOTAL REVENUE $354,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $323,031
Other Expenses $335,778
TOTAL EXPENSES $335,778

Year-over-Year Comparison

2023 2022 Change
Revenue $354,300 $351,730 +0.0%
Expenses $335,778 $409,936 -0.2%
Net Income $18,522 $-58,206 -1.3%
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
4
Independent Members
4
Employees
N/A
Volunteers
5

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SVENDSON PRESIDENT 1.00
Officer Director
$0 $0 $0
AARON ANGERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ELSIE BAILEY SECRETARY 1.00
Officer Director
$0 $0 $0
TERRY BURNESS BOARD MEMBER 1.00
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 No data No data No data No data
2023 $354,300 $335,778 $1,494,567 $18,522
2022 $351,730 $409,936 $1,498,566 $-58,206
2021 $346,323 $389,584 $1,568,448 $-43,261
2020 $337,938 $409,076 $1,630,196 $-71,138
2019 $343,566 $348,735 $1,720,869 $-5,169
2018 $382,086 $339,925 $1,773,068 $42,161
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