ALASKA STATE EMPLOYEES ASSOCIATION LEGAL TRUST FUND (EIN 943125004) - 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

MICHEAL HILLS

Phone

8666788647

Tax Period

2023-07-01 to 2024-06-30

ALASKA STATE EMPLOYEES ASSOCIATION LEGAL TRUST FUND, founded in 1990, is a small nonprofit that reported $944K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Net assets of $6.2M represent 79 months of operating reserves.

Mission

TO PROVIDE A LEGAL SERVICE BENEFIT PROGRAM TO ELIGIBLE PARTICIPANTS

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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 $0

Program Service Revenue $705,300

Investment Income $238,210

Other Revenue $0

TOTAL REVENUE $943,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $292,594

TOTAL EXPENSES $1,035,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$943,510	$1,005,845	-0.1%
Expenses	$1,035,929	$999,318	+0.0%
Net Income	$-92,419	$6,527	-15.2%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHEAL HILLS	TRUSTEE, CHAIR	0.50	Officer Director	$0	$0	$0
SHAWN ALEXANDER	TRUSTEE	0.50	Director	$0	$0	$0
TRACY COON	TRUSTEE	0.50	Director	$0	$0	$0
VALERIE KENNY	TRUSTEE	0.50	Director	$0	$0	$0
ZACKERY FERRIN	TRUSTEE	0.50	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
2025	No data	No data	No data	No data
2024	$943,510	$1,035,929	$6,732,253	$-92,419
2023	$1,005,845	$999,318	$6,501,626	$6,527
2022	$1,155,582	$1,051,623	$6,335,404	$103,959
2021	$1,148,547	$864,492	$7,708,363	$284,055
2020	$960,821	$845,051	$6,692,024	$115,770
2019	$2,122,832	$1,128,154	$6,417,092	$994,678
2018	$973,554	$1,045,694	$6,199,312	$-72,140

ALASKA STATE EMPLOYEES ASSOCIATION LEGAL TRUST FUND