Alaska Correctional Officers Association Inc
Alaska Correctional Officers Association Inc. faces recurring operational deficits despite stable revenue, leading to declining assets.
EIN: 200974914 · Anchorage, AK · NTEE: J40 · Updated: 2026-03-28
Is Alaska Correctional Officers Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alaska Correctional Officers Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Alaska Correctional Officers Association Inc
Alaska Correctional Officers Association Inc (EIN: 200974914) is a nonprofit organization based in Anchorage, AK, classified under NTEE code J40. The organization reported total revenue of $965K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaska Correctional Officers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaska Correctional Officers Association Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $891K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-257,841 |
| Total Assets | $1.2M |
| Total Liabilities | $396K |
| Net Assets | $854K |
| Operating Margin | -28.9% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Alaska Correctional Officers Association Inc reported a deficit of $258K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alaska Correctional Officers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +32.2% | -8.8% |
| 2022 | +1.3% | -3.0% | -0.6% |
| 2021 | -1.6% | -9.4% | -3.3% |
| 2020 | +6.0% | -11.8% | -7.8% |
| 2019 | -5.4% | +2.1% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alaska Correctional Officers Association Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Alaska Correctional Officers Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $258K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not directly compensated or are compensated through non-officer categories, which is a strong positive for transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alaska Correctional Officers Association Inc's IRS 990 filings:
- Consistent operational deficits: Expenses frequently exceed revenue, as seen in 2023 ($1,148,744 expenses vs. $890,903 revenue).
- Declining asset base: Assets have decreased from $2,091,381 in 2016 to $1,249,440 in 2023, indicating a draw-down on reserves.
- Lack of detailed expense breakdown: Without specific program, admin, and fundraising figures, it's hard to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Alaska Correctional Officers Association Inc:
- 0% Officer Compensation: No officer compensation reported across all filings, indicating strong volunteer leadership or alternative compensation structures.
- Consistent IRS 990 Filings: 13 filings available demonstrate a commitment to financial transparency and compliance.
- Stable Revenue Base: Despite deficits, the organization consistently generates around $800,000-$900,000 in annual revenue.
- Healthy Asset-to-Revenue Ratio: Assets of $1,202,596 against latest revenue of $964,891 provide a reasonable financial buffer.
Frequently Asked Questions about Alaska Correctional Officers Association Inc
Is Alaska Correctional Officers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alaska Correctional Officers Association Inc (EIN: 200974914) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Alaska Correctional Officers Association Inc spend its money?
Alaska Correctional Officers Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alaska Correctional Officers Association Inc tax-deductible?
Alaska Correctional Officers Association Inc is registered as a tax-exempt nonprofit (EIN: 200974914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in recent years?
The filings show that in 2023, expenses were $1,148,744 against $890,903 in revenue, and similar trends are visible in 2019, 2018, and 2017, indicating a pattern of deficit spending that needs further explanation.
What caused the significant revenue spike in 2016 to $3.96 million?
In 2016, the organization reported $3,960,552 in revenue, a substantial increase from the typical $800,000-$900,000 range, suggesting a one-time event or major funding initiative that year.
How does the organization plan to address the declining asset trend?
Assets have decreased from $2,091,381 in 2016 to $1,249,440 in 2023, largely due to expenses consistently outpacing revenue, raising questions about the sustainability of this trend.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data lacks a granular breakdown of expenses, making it difficult to assess the efficiency of spending across different categories and the proportion dedicated directly to programs.
Filing History
IRS 990 filing history for Alaska Correctional Officers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alaska Correctional Officers Association Inc's revenue has grown by 27.6%, moving from $698K to $891K. Total assets increased by 57.8% over the same period, from $792K to $1.2M. Total functional expenses rose by 82.2%, from $631K to $1.1M. In its most recent filing year (2023), Alaska Correctional Officers Association Inc reported a deficit of $258K, with expenses exceeding revenue. The organization holds $396K in liabilities against $1.2M in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $854K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $891K | $1.1M | $1.2M | $396K | — | View 990 |
| 2022 | $883K | $869K | $1.4M | $258K | — | View 990 |
| 2021 | $871K | $895K | $1.4M | $280K | — | View 990 |
| 2020 | $886K | $988K | $1.4M | $302K | — | View 990 |
| 2019 | $836K | $1.1M | $1.5M | $320K | — | View 990 |
| 2018 | $883K | $1.1M | $1.8M | $338K | — | View 990 |
| 2017 | $873K | $1.1M | $2.1M | $363K | — | View 990 |
| 2016 | $4.0M | $2.7M | $2.1M | $374K | — | View 990 |
| 2015 | $911K | $768K | $828K | $386K | — | View 990 |
| 2014 | $884K | $906K | $758K | $460K | — | View 990 |
| 2013 | $793K | $759K | $803K | $482K | — | View 990 |
| 2012 | $748K | $732K | $786K | $500K | — | View 990 |
| 2011 | $698K | $631K | $792K | $521K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $891K, expenses of $1.1M, and assets of $1.2M (revenue +0.9% year-over-year).
- 2022: Revenue of $883K, expenses of $869K, and assets of $1.4M (revenue +1.3% year-over-year).
- 2021: Revenue of $871K, expenses of $895K, and assets of $1.4M (revenue -1.6% year-over-year).
- 2020: Revenue of $886K, expenses of $988K, and assets of $1.4M (revenue +6.0% year-over-year).
- 2019: Revenue of $836K, expenses of $1.1M, and assets of $1.5M (revenue -5.4% year-over-year).
- 2018: Revenue of $883K, expenses of $1.1M, and assets of $1.8M (revenue +1.2% year-over-year).
- 2017: Revenue of $873K, expenses of $1.1M, and assets of $2.1M (revenue -78.0% year-over-year).
- 2016: Revenue of $4.0M, expenses of $2.7M, and assets of $2.1M (revenue +334.6% year-over-year).
- 2015: Revenue of $911K, expenses of $768K, and assets of $828K (revenue +3.1% year-over-year).
- 2014: Revenue of $884K, expenses of $906K, and assets of $758K (revenue +11.5% year-over-year).
- 2013: Revenue of $793K, expenses of $759K, and assets of $803K (revenue +6.1% year-over-year).
- 2012: Revenue of $748K, expenses of $732K, and assets of $786K (revenue +7.1% year-over-year).
- 2011: Revenue of $698K, expenses of $631K, and assets of $792K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaska Correctional Officers Association Inc:
Data Sources and Methodology
This transparency report for Alaska Correctional Officers Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.