FRIENDS OF ALASKA'S CHILDREN IN CA… - Form 990 Financial Data

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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

1991

Legal Domicile

Principal Officer

KIMBERLEY BURNETT

Phone

9074412400

Tax Period

2023-07-01 to 2024-06-30

Mission

THE MISSION OF FRIENDS OF ALASKA'S CHILDREN IN CARE IS TO IMPROVE OUTCOMES FOR CHILDREN AND YOUTH IN STATE AND TRIBAL CARE.

Program Service Accomplishments

Program 1

Expenses: $14,409

MISSION: THE MISSION OF FRIENDS OF ALASKAS CHILDREN IN CARE IS TO IMPROVE OUTCOMES FOR CHILDREN AND YOUTH IN STATE AND TRIBAL CARE. VISION: THE VISION OF FRIENDS OF ALASKAS CHILDREN IN CARE IS THAT EVERY CHILD AND YOUTH IN STATE AND TRIBAL CARE HAVE THE GREATEST POSSIBLE OPPORTUNITY FOR SUCCESS INCLUDING STRONG ADVOCACY AND BENEFICIAL DIRECT SUPPORT. THE VALUES OF FRIENDS OF ALASKAS CHILDREN IN CARE INCLUDE: SUPPORT OF ALASKAS VOLUNTEER COURT APPOINTED SPECIAL ADVOCATES AND THE CHILDREN AND YOUTH THAT THEY SERVE. SUPPORT OF ALASKAN CHILD ADVOCACY PROGRAMS SERVING CHILDREN AND YOUTH IN ALASKA STATE AND TRIBAL CARE, PARTICULARLY THOSE WORKING TO ADDRESS CURRENT ISSUES OF DISPROPORTIONALITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $14,409

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,409

Other Expenses $2,731

TOTAL EXPENSES $17,140

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$31,505	-1.0%
Expenses	$17,140	$202,668	-0.9%
Net Income	N/A	$-171,163	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLEY BURNETT	PRESIDENT	15.00	Officer Director	$0	$0	$0
SALLYE WERNER	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
SHEILA KING	TREASURER	10.00	Officer Director	$0	$0	$0
BRITTANY BEAUJEAN	SECRETARY	4.00	Officer Director	$0	$0	$0
PATTY BURLEY	DIRECTOR	3.00	Director	$0	$0	$0
DEBBY HUDSON	DIRECTOR	3.00	Director	$0	$0	$0
SERENA NESTEBY	DIRECTOR	3.00	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	$17,140	No data	No data
2023	$31,505	$202,668	$17,006	$-171,163
2022	$66,607	$98,349	$188,451	$-31,742
2021	$81,508	$34,469	$233,213	$47,039
2020	$81,012	$47,931	$172,077	$33,081
2019	$85,611	$57,141	$138,996	$28,470

FRIENDS OF ALASKA'S CHILDREN IN CARE