GREATER ANCHORAGE 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

1956

Legal Domicile

Principal Officer

JOHN MCCLEARY

Phone

9072741169

Tax Period

2022-07-01 to 2023-06-30

GREATER ANCHORAGE INC, founded in 1956, is a small nonprofit in the Arts, Culture & Humanities sector that reported $834K in total revenue in fiscal year 2022. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $737K left a modest 12% surplus.

Mission

THE MISSION OF GREATER ANCHORAGE, INC. IS TO PROVIDE ENTERTAINMENT, EDUCATION AND CULTURAL GROWTH PRIMARILY THROUGH THE PRODUCTION OF FUR RENDEZVOUS. THE RENDEZVOUS FESTIVAL IS DESIGNED TO PROVIDE ENJOYMENT FOR THE COMMUNITY THAT ATTRACTS INTRA-STATE, NATIONAL, AND INTERNATIONAL TOURISM, THEREBY CREATING A POSITIVE ECONOMIC IMPACT. ADDITIONALLY, AS APPROVED, GREATER ANCHORAGE MAY TAKE ON OTHER ACTIVITIES THAT ARE IN HARMONY WITH THE PRIMARY MISSION OF THE ORGANIZATION.

Program Service Accomplishments

Program 1

Expenses: $604,618 Revenue: $486,790

FUR RENDEZVOUS - THIS EVENT STARTED IN 1936 AS A 3-DAY FESTIVALESTABLISHED TO COINCIDE WITH THE TIME THAT THE MINERS AND TRAPPERS CAMETO TOWN WITH THEIR WINTER'S YIELD. IT BEGAN AS A 3-DAY...

FUR RENDEZVOUS - THIS EVENT STARTED IN 1936 AS A 3-DAY FESTIVALESTABLISHED TO COINCIDE WITH THE TIME THAT THE MINERS AND TRAPPERS CAMETO TOWN WITH THEIR WINTER'S YIELD. IT BEGAN AS A 3-DAY SPORTSTOURNAMENT ON FEBRUARY 15TH-17TH, 1936 AND FEATURED SKIING, HOCKEY,BASKETBALL, BOXING, AND A CHILDREN'S SLED DOG RACE DOWN FOURTH AVENUE.NEARLY THE ENTIRE POPULATION OF ANCHORAGE TURNED OUT FOR THE BONFIREAND TORCHLIT PARADE. FUR RENDEZVOUS REMAINS A HIGHLY ANTICIPATED TIMEOF YEAR, HAS EARNED NATIONAL AND ITNERNATIONAL NOTORIETY, AND VISITORSFROM THROUGHOUT THE WORLD DESCEND ON ANCHORAGE EVERY FEBRUARY FOR THEEVENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $259,519

Program Service Revenue $344,419

Investment Income $915

Other Revenue $228,844

TOTAL REVENUE $833,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $200,229

Fundraising Expenses $0

Program Expenses $604,618

Other Expenses $536,436

TOTAL EXPENSES $736,665

Year-over-Year Comparison

	2022	2021	Change
Revenue	$833,697	$549,464	+0.5%
Expenses	$736,665	$632,333	+0.2%
Net Income	$97,032	$-82,869	-2.2%

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

$59,881

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYLI WILSON	PAST PRESIDENT	2.00	Director	$0	$0	$0
LORI BREWER	CO-EVENTS CHAIR	2.00	Director	$0	$0	$0
EDDIE PARKER	VICE PRESIDENT	2.00	Director	$0	$0	$0
CODY MARLOW	SECRETARY	2.00	Director	$0	$0	$0
LINDA DOTZLER	TREASURER	2.00	Director	$0	$0	$0
ROD WILLIAMS	PRESIDENT	2.00	Director	$0	$0	$0
AMIE HAAKENSON	ROYALTY CHAIR	2.00	Director	$0	$0	$0
BEV FELIX	BOARD MEMBER	2.00	Director	$0	$0	$0
PHYLLIS RICE	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM HUETTL	MUSHING DISTRICT CHAIR	2.00	Director	$0	$0	$0
RUTH WILLIAMS	MARKETING CHAIR	2.00	Director	$0	$0	$0
BETH HELGESON	SPONSORSHIP CHAIR	2.00	Director	$0	$0	$0
STEVE MACDONALD	BOARD MEMBER	2.00	Director	$0	$0	$0
MEGAN KILLORAN	BOARD MEMBER	2.00	Director	$0	$0	$0
MAX POWERS	CO-EVENTS CHAIR	2.00	Director	$0	$0	$0
JAMIE MILLER	PRESIDENT-ELECT	2.00	Director	$0	$0	$0
BRADLEY MUIR	MOA REP	2.00	Director	$0	$0	$0
JOHN KEVIN POWERS	BOARD MEMBER	2.00	Director	$0	$0	$0
GARY HUFFORD	NOMINATIONS CHAIR	2.00	Director	$0	$0	$0
VIRGIL JENSEN	BOARD MEMBER EMERITUS	2.00	Director	$0	$0	$0
JOHN MCCLEARY	EXECUTIVE DIRECTOR	40.00	Officer	$59,881	$0	$59,881

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	No data	No data	No data	No data
2023	$833,697	$736,665	$261,947	$97,032
2022	$549,464	$632,333	$168,777	$-82,869
2021	$480,607	$465,644	$230,179	$14,963
2020	$794,160	$797,710	$272,280	$-3,550
2019	$794,626	$818,320	$256,849	$-23,694
2018	$720,402	$716,745	$267,751	$3,657