IDITAROD TRAIL RACE FOUNDATION INC AN IDITAROD SUPPORT ORGANIZATION (EIN 920639765) - 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

2022

Legal Domicile

Principal Officer

WILSON HUGHES

Phone

9072509897

Tax Period

2024-01-01 to 2024-12-31

IDITAROD TRAIL RACE FOUNDATION INC AN IDITAROD SUPPORT ORGANIZATION, founded in 2022, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $63K in total revenue in fiscal year 2024. Revenue surged 193% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 39% operating margin.

Mission

FINANCIALLY ENSURE THE PERPETUATION OF THE IDITAROD TRAIL RACE BY PROVIDING A METHOD FOR ALASKANS AND OTHERS TO CONFIDENTLY INVEST IN THE FUTURE OF THE LAST GREAT RACE.

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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 $0

Program Service Revenue $49,965

Investment Income $13,210

Other Revenue $0

TOTAL REVENUE $63,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,606

Other Expenses $38,606

TOTAL EXPENSES $38,606

Year-over-Year Comparison

	2024	2023	Change
Revenue	$63,175	$21,559	+1.9%
Expenses	$38,606	$38,456	+0.0%
Net Income	$24,569	$-16,897	-2.5%

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

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
WILSON HUGHES	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID MONSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK NELSON	SECRETARY	1.00	Officer Director	$0	$0	$0
RANDY BECKER	TREASURER	1.00	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	$63,175	$38,606	$538,927	$24,569
2023	$21,559	$38,456	$466,424	$-16,897
2022	$429,306	No data	$429,306	No data

IDITAROD TRAIL RACE FOUNDATION INC AN IDITAROD SUPPORT ORGANIZATION