Alaska Clean Seas (EIN 920163046) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

Jared Edgar

Phone

9077438989

Tax Period

2024-01-01 to 2024-12-31

Alaska Clean Seas, founded in 1990, is a mid-sized nonprofit that reported $31.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

To provide personnel, material, equipment, and training for responding to oil spills on the North Slope of Alaska, selected areas of the Alaskan outer continental shelf, adjacent shorelines, and the Transalaska pipeline.

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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 $1,720,000

Program Service Revenue $29,528,275

Investment Income $89,912

Other Revenue $0

TOTAL REVENUE $31,338,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,812,841

Fundraising Expenses $0

Program Expenses $27,330,691

Other Expenses $11,839,668

TOTAL EXPENSES $30,652,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,338,187	$27,499,381	+0.1%
Expenses	$30,652,509	$28,870,020	+0.1%
Net Income	$685,678	$-1,370,639	-1.5%

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

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

$939,299

Total Directors

Key Employees

$1,363,017

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jared Edgar	President/General Manager	40.0	Officer	$440,002	$53,525	$493,527
Fred McAdams	Operations Manager	42.0	Key Emp	$296,470	$72,671	$369,141
Kenneth Linderman	Operations Manager	42.0	Key Emp	$296,656	$57,884	$354,540
Christopher Hall	Planning Manager	42.0	Key Emp	$261,622	$61,973	$323,595
John Pulis	Planning Manager	42.0	Key Emp	$281,083	$34,658	$315,741
Eben McWilliams	Safety	42.0	Highest	$229,646	$57,860	$287,506
Neil Hermon	Lead Technician	42.0	Highest	$235,585	$49,284	$284,869
Royce O'Brien	Supervisor	42.0	Highest	$239,262	$43,987	$283,249
Kent Ingalls	Supervisor	42.0	Highest	$227,525	$46,557	$274,082
Jeaneen Bailey	Safety	42.0	Highest	$227,978	$38,889	$266,867
Roger Heath	Human Resources	40.0	Officer	$208,244	$26,459	$234,703
Tamara Potter	Accounting Supervisor	40.0	Officer	$187,967	$23,102	$211,069
Jill Fisk	Chairperson	2.0	Officer Director	$0	$0	$0
Ed Peace	Vice Chairman	1.5	Officer Director	$0	$0	$0
David Pascal	Director	1.0	Director	$0	$0	$0
Stephanie Rupert	Director	1.0	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	$31,338,187	$30,652,509	$21,873,863	$685,678
2023	$27,499,381	$28,870,020	$22,704,205	$-1,370,639
2022	$24,147,721	$27,404,591	$23,066,206	$-3,256,870
2021	$23,291,822	$22,143,594	$22,089,803	$1,148,228
2020	$27,556,260	$25,029,059	$23,167,431	$2,527,201
2019	$31,830,226	$26,107,906	$21,455,471	$5,722,320
2018	$24,876,162	$26,003,055	$16,121,148	$-1,126,893

Alaska Clean Seas