Arctic Access Inc

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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

1993

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

Arctic Access Inc, founded in 1993, is a small nonprofit in the Health Care sector that reported $293K in total revenue in fiscal year 2024. Expenses of $403K exceeded revenue, resulting in a 38% operating deficit.

Mission

Our Mission is to provide services and opportunities for elders and people with disabilities to remain in the home and village of their choice, and to be active as possible with their families and communities.

Program Service Accomplishments

Program 1

Expenses: $389,548

To provide Independent Living Services for elders and people with disabilities in the NW Arctic and Nome Census Regions of Alaska.

Program 2

Summer Work Program and Student Work Program for Youth ages 14-21. Summer Work Program and Student Work Program provides students with disabilities, including those in remote areas of Alaska...

Summer Work Program and Student Work Program for Youth ages 14-21. Summer Work Program and Student Work Program provides students with disabilities, including those in remote areas of Alaska, pre-employment transition services to help prepare for employment.

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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 (2024)

Revenue Breakdown

Contributions & Grants $293,183

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $293,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,669

Fundraising Expenses $0

Program Expenses $389,548

Other Expenses $194,669

TOTAL EXPENSES $403,338

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,183	N/A	N/A
Expenses	$403,338	N/A	N/A
Net Income	$-110,155	N/A	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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Conner Thomas	Chair	0.00	Officer	$0	$0	$0
Drew McCann	Vice-Chair	0.00	Officer	$0	$0	$0
Arlene Soxie	Member	0.00	Officer	$0	$0	$0
Jenny Diggs	Secretary	0.00	Officer	$0	$0	$0
Denice Gilroy	Executive Director	40.00	Highest	$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
2025	$293,183	$403,338	$14,467	$-110,155
2018	$291,391	$292,449	$92,689	$-1,058