Matanuska-Susitna Education Association

EIN: 943086278

Palmer, AK

Total Revenue
$1,322,303
Total Expenses
$1,351,246
Total Assets
$1,075,314
Net Assets
$967,621
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AK
Principal Officer
Kristie Harper
Phone
9073735204
Tax Period
2023-09-01 to 2024-08-31

Matanuska-Susitna Education Association, founded in 1984, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

As an affiliate with NEA, the Association is operated for the purpose of promoting the educational well-being of school children, protecting and promoting the welfare and economic viability of the teachers in their district, and providing a unified voice with which the teachers may express their opinions before the Board of Education and other legal authorities.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $138,189
Program Service Revenue $1,133,001
Investment Income $17,412
Other Revenue $33,701
TOTAL REVENUE $1,322,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,428
Fundraising Expenses $0
Program Expenses $898,516
Other Expenses $1,215,818
TOTAL EXPENSES $1,351,246

Year-over-Year Comparison

2023 2022 Change
Revenue $1,322,303 $1,502,890 -0.1%
Expenses $1,351,246 $1,438,767 -0.1%
Net Income $-28,943 $64,123 -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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Governance

Voting Members
14
Independent Members
13
Employees
N/A
Volunteers
14

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
5
$153,138
Total Directors
19
$153,138
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vicki Hewitt President 50.00
Officer Director
$106,848 $37,290 $144,138
Lynn Kracke Treasurer 3.00
Officer Director
$5,000 $0 $5,000
Laura Farley Rights Chair 3.00
Officer Director
$4,000 $0 $4,000
Dianne Shibe Former Pres 1.50
Officer Director
$0 $0 $0
Justin LaCoss Vice President 1.50
Officer Director
$0 $0 $0
Susan Dunham At Large Rep 1.00
Director
$0 $0 $0
Kathleen Yerbich At Large Rep 1.00
Director
$0 $0 $0
Jeanie Lombard At Large Rep 1.00
Director
$0 $0 $0
Jackie Cunningham At Large Rep 1.00
Director
$0 $0 $0
Jamin Burton At Large Rep 1.00
Director
$0 $0 $0
Kristie Harper At Large Rep 1.00
Director
$0 $0 $0
Christine Duffy At Large Rep 1.00
Director
$0 $0 $0
Tim Walters At Large Rep 1.00
Director
$0 $0 $0
Kathy Budd At Large Rep 1.00
Director
$0 $0 $0
Sean Williams At Large Rep 1.00
Director
$0 $0 $0
Mary Dooher At Large Rep 1.00
Director
$0 $0 $0
Kim Flinn At Large Rep 1.00
Director
$0 $0 $0
Aubrey Smith At Large Rep 1.00
Director
$0 $0 $0
Franchesca Heywood At Large Rep 1.00
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 $1,322,303 $1,351,246 $1,075,314 $-28,943
2023 $1,502,890 $1,438,767 $1,125,258 $64,123
2022 $1,510,044 $1,389,625 $1,000,217 $120,419
2021 $1,455,567 $1,253,979 $832,357 $201,588
2021 $1,461,989 $1,261,280 $832,364 $200,709
2020 $1,312,787 $1,252,012 $644,563 $60,775
2019 $1,284,244 $1,311,487 $582,362 $-27,243
2018 $1,435,668 $1,391,328 $606,423 $44,340
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