VICTORY MINISTRIES OF ALASKA INC

EIN: 920143034 501(c)(3) Unknown

SUTTON, AK

Total Revenue
$2,856,735
Total Expenses
$2,483,767
Total Assets
$6,468,852
Net Assets
$6,353,406
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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
AK
Principal Officer
BEN GERWIG
Phone
9077454203
Tax Period
2024-01-01 to 2024-12-31

VICTORY MINISTRIES OF ALASKA INC, founded in 1951, is a community nonprofit in the Unknown sector that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $2.5M left a modest 13% surplus.

Mission

WE EXIST TO CONNECT PEOPLE OF ALL AGES WITH GOD THROUGH CHRISTIAN CAMPING AND CONFERENCE RETREATS.

Program Service Accomplishments

Program 1
Expenses: $772,414 Revenue: $466,247

SUMMER CAMPS: OVER 1,000 TOTAL CAMPERS ATTENDED ONE OF OUR CAMPING SESSIONS. AT VICTORY BIBLE CAMP, WE OFFER HORSE PACK TRIPS AMONG OTHER PROGRAMS. AT CAMP LI-WA, WE HAVE ADDED AN OUTDOOR ADVENTURE...

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SUMMER CAMPS: OVER 1,000 TOTAL CAMPERS ATTENDED ONE OF OUR CAMPING SESSIONS. AT VICTORY BIBLE CAMP, WE OFFER HORSE PACK TRIPS AMONG OTHER PROGRAMS. AT CAMP LI-WA, WE HAVE ADDED AN OUTDOOR ADVENTURE COMPONENT TO THE PROGRAMS. CAMPER FEES INCLUDE LODGING, MEALS, AND PROGRAM ACTIVITIES.

Program 2
Expenses: $963,845 Revenue: $581,798

CONFERENCES/RETREATS: RETREATS INCLUDE WEEKEND AND WEEK DAY GROUPS FROM CHURCHES AND OTHER ORGANIZATIONS WHO USE OUR FACILITY AS AN EXTENSION OF THEIR PROGRAM AND AS PART OF OUR MISSION TO CONNECT...

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CONFERENCES/RETREATS: RETREATS INCLUDE WEEKEND AND WEEK DAY GROUPS FROM CHURCHES AND OTHER ORGANIZATIONS WHO USE OUR FACILITY AS AN EXTENSION OF THEIR PROGRAM AND AS PART OF OUR MISSION TO CONNECT PEOPLE WITH GOD THROUGH OUR FACILITIES AND SERVICE. ALSO INCLUDED ARE MINISTRY SPONSORED RETREATS SUCH AS WINTER WEEKENDS, PASTORS CONFERENCES AND HOME SCHOOLING RETREATS. GUEST FEES INCLUDE HOUSING, MEALS, AND PROGRAM ACTIVITIES.

Program 3
Expenses: $106,476 Revenue: $64,272

HORSEBACK RIDING, BOARDING, PACKING, PROVIDED TO GUEST GROUPS, CAMPERS AND OTHERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,484,452
Program Service Revenue $1,317,308
Investment Income $33,598
Other Revenue $21,377
TOTAL REVENUE $2,856,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $882,704
Fundraising Expenses $0
Program Expenses $2,182,337
Other Expenses $1,601,063
TOTAL EXPENSES $2,483,767

Year-over-Year Comparison

2024 2023 Change
Revenue $2,856,735 $2,642,419 +0.1%
Expenses $2,483,767 $2,068,539 +0.2%
Net Income $372,968 $573,880 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
20
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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF DISNEY DIRECTOR 2.00
Director
$0 $0 $0
DARREL ENTZ SECRETARY 2.00
Officer Director
$0 $0 $0
DARRELL FLOYD DIRECTOR 2.00
Director
$0 $0 $0
BEN GERWIG BOARD CHAIR/ 2.00
Officer Director
$0 $0 $0
STAN GILLESPIE DIRECTOR 2.00
Director
$0 $0 $0
WARD HURLBURT DIRECTOR 6.00
Director
$0 $0 $0
DAVID LEY VICE CHAIR 2.00
Officer Director
$0 $0 $0
BOB TSIGONIS 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 $2,856,735 $2,483,767 $6,468,852 $372,968
2023 $2,642,419 $2,068,539 $6,140,283 $573,880
2023 $2,642,419 $2,068,539 $6,140,283 $573,880
2022 $2,042,368 $1,895,914 $5,610,379 $146,454
2021 $2,190,980 $1,879,165 $5,421,081 $311,815
2020 $1,557,415 $1,596,791 $4,899,554 $-39,376
2019 $1,789,707 $1,698,865 $4,917,251 $90,842
2018 $1,871,198 $1,624,246 $4,831,649 $246,952
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