CHALLENGER LEARNING CENTER OF ALASKA SCIENCE TECHNOLOGY INC (EIN 921761906) - 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

1996

Legal Domicile

Principal Officer

MARNIE OLCOTT

Phone

8554777926

Tax Period

2023-01-01 to 2023-12-31

CHALLENGER LEARNING CENTER OF ALASKA SCIENCE TECHNOLOGY INC, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 254% from the prior year, signaling strong growth momentum. Expenses of $1.7M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO INSPIRE STUDENTS TO LOOK BEYOND THE ORDINARY, IMAGINE THE UNATTAINABLE AND ANSWER THOSE SEEMINGLY IMPOSSIBLE QUESTIONS THROUGH THE PURSUIT OF HIGHER EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH

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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 $1,220,069

Program Service Revenue $145,632

Investment Income $152

Other Revenue $67,542

TOTAL REVENUE $1,433,395

Expense Breakdown

Grants Paid $0

Salaries & Benefits $339,611

Fundraising Expenses $58,797

Program Expenses $1,322,020

Other Expenses $1,316,575

TOTAL EXPENSES $1,656,186

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,433,395	$404,936	+2.5%
Expenses	$1,656,186	$660,569	+1.5%
Net Income	$-222,791	$-255,633	-0.1%

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

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

$86,515

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARNIE OLCOTT	CEO	40.00	Officer	$86,515	$0	$86,515
JAKE ARNESS	Director	5.00	Director	$0	$0	$0
NICK KELLIE	Director	5.00	Director	$0	$0	$0
CHANTELLE CARTER	Treasurer	5.00	Officer Director	$0	$0	$0
ART ISHAM	Vice President	5.00	Officer Director	$0	$0	$0
JOHN TORGERSON	Director	5.00	Director	$0	$0	$0
TIM DILLON	President	5.00	Officer Director	$0	$0	$0
RON HYDE	Secretary	5.00	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
2023	$1,433,395	$1,656,186	$2,670,291	$-222,791
2022	$404,936	$660,569	$2,814,565	$-255,633
2021	$534,602	$597,512	$3,096,604	$-62,910
2020	$409,258	$576,708	$3,147,807	$-167,450
2019	$468,687	$679,600	$3,255,569	$-210,913
2018	$532,252	$639,331	$3,472,002	$-107,079

CHALLENGER LEARNING CENTER OF ALASKA SCIENCE TECHNOLOGY INC