Southcentral Foundation

🔒

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

1982

Legal Domicile

Principal Officer

April Kyle

Phone

9077294955

Tax Period

2023-10-01 to 2024-09-30

Southcentral Foundation, founded in 1982, is a major nonprofit in the Health Care sector that reported $633.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $122.3M, a strong 19% operating margin.

Mission

Southcentral Foundation (SCF) was incorporated as a nonprofit organization under Alaska state law in 1982. SCF's objective is to improve the health, educational, cultural, social and economic conditions of Alaska Natives by providing health services primarily in the Anchorage and Matanuska-Susitna valley, along with other areas of Alaska. The Indian health service provides funding to SCF to cover the costs of health services provided to eligible beneficiaries at the Alaska Native Medical Center. In addition, SCF administers other federal and state funded programs.

Program Service Accomplishments

Program 1

Expenses: $494,423,768 Revenue: $324,912,339

Federal Funds - Activities related to contracts with IHS, US DHSS, and Dept of Agriculture.

Program 2

Expenses: $8,311,211 Revenue: $8,357,090

Other program funds to improve health, educational, social, cultural, and economic conditions of Alaska Native People.

Program 3

Expenses: $3,710,119

State Funds - Activities related to contracts with the State of Alaska Department of Health and Social Services.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $267,036,946

Program Service Revenue $323,770,661

Investment Income $40,480,890

Other Revenue $2,451,867

TOTAL REVENUE $633,740,364

Expense Breakdown

Grants Paid $4,595,298

Salaries & Benefits $314,031,643

Fundraising Expenses $0

Program Expenses $506,445,098

Other Expenses $192,823,400

TOTAL EXPENSES $511,450,341

Year-over-Year Comparison

	2023	2022	Change
Revenue	$633,740,364	$562,873,299	+0.1%
Expenses	$511,450,341	$471,898,719	+0.1%
Net Income	$122,290,023	$90,974,580	+0.3%

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

N/A

Employees

3241

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

$1,860,232

Total Directors

$496,282

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Douglas Eby	VP, Medical Svc	40.00		$724,903	$108,842	$833,745
April Kyle	President CEO	40.00	Officer	$736,576	$93,351	$829,927
Sarah Satow	Dentist Specialist	40.00		$673,323	$90,331	$763,654
Ronald Olson	EVP CFO	40.00	Officer	$608,915	$109,670	$718,585
Natalie Tierney	EVP of Org and Dev	40.00		$596,674	$118,798	$715,472
Christina Rodriguez	Physician	40.00		$599,366	$100,751	$700,117
Richard Ellsasser	Dir Behavioral Svs	40.00		$527,056	$67,798	$594,854
Thomas Huhndorf	Secretary	10.00	Officer Director	$43,013	$0	$103,944
Karen Caindec	Chairman	10.00	Officer Director	$74,540	$0	$74,540
Roy Huhndorf	Vice Chairman	10.00	Officer Director	$38,661	$0	$68,685
Charles Akers	Treasurer	10.00	Officer Director	$64,551	$0	$64,551
Richard Greg Encelewski	Director	10.00	Director	$43,007	$0	$43,007
Lisa Wade	Director	10.00	Director	$39,570	$0	$39,570
Terry Simpson	Director	10.00	Director	$38,553	$0	$38,553
Sandra Haldane	Director	10.00	Director	$35,641	$0	$35,641
Jessie Marrs	Director	10.00	Director	$27,791	$0	$27,791

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	$633,740,364	$511,450,341	$1,416,257,386	$122,290,023
2023	$562,873,299	$471,898,719	$1,267,283,220	$90,974,580
2022	$546,908,385	$453,315,323	$1,151,401,090	$93,593,062
2021	$622,602,552	$399,310,793	$1,166,251,953	$223,291,759
2020	$475,035,090	$388,147,097	$881,195,949	$86,887,993
2019	$417,703,757	$377,910,321	$753,933,963	$39,793,436
2018	$399,899,094	$346,906,772	$685,502,831	$52,992,322
2018	$399,899,094	$346,906,772	$685,502,831	$52,992,322
2018	$400,116,163	$346,906,772	$685,502,831	$53,209,391
2017	$370,350,889	$318,689,800	$635,722,039	$51,661,089