Alaska Heat Smart
EIN: 842399535 · Juneau, AK · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $429K |
| Total Expenses | $278K |
| Net Assets | $20K |
Is Alaska Heat Smart Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alaska Heat Smart
Alaska Heat Smart (EIN: 842399535) is a nonprofit organization based in Juneau, AK, classified under NTEE code C35. The organization reported total revenue of $429K and total assets of $485K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaska Heat Smart's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaska Heat Smart is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $285K |
| Total Expenses | $278K |
| Surplus / Deficit | +$6K |
| Total Assets | $302K |
| Total Liabilities | $282K |
| Net Assets | $20K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 93.5% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2022, Alaska Heat Smart reported a surplus of $6K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 93.5% (high leverage).
Financial Trends
Over 4 years of filings (2019–2022), Alaska Heat Smart's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +146.0% | +171.6% | +80.8% |
| 2021 | +59.8% | +43.3% | +44.8% |
| 2020 | -51.0% | +626.2% | -20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alaska Heat Smart has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alaska Heat Smart with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.5%.
Frequently Asked Questions about Alaska Heat Smart
Is Alaska Heat Smart a legitimate charity?
Alaska Heat Smart (EIN: 842399535) is a registered tax-exempt nonprofit based in Alaska. It has 4 years of IRS 990 filings on record. Total revenue: $429K. No red flags identified. Financial health grade: A.
How does Alaska Heat Smart spend its money?
Alaska Heat Smart reported $429K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alaska Heat Smart tax-deductible?
Alaska Heat Smart is registered as a tax-exempt nonprofit (EIN: 842399535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alaska Heat Smart located?
Alaska Heat Smart is headquartered in Juneau, Alaska and files with the IRS under EIN 842399535. It is classified under NTEE code C35.
How many years of IRS 990 filings does Alaska Heat Smart have?
Alaska Heat Smart has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $429K in total revenue.
Filing History
IRS 990 filing history for Alaska Heat Smart showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2022), Alaska Heat Smart's revenue has grown by 92.8%, moving from $148K to $285K. Total assets increased by 109.5% over the same period, from $144K to $302K. Total functional expenses rose by 2726.3%, from $10K to $278K. In its most recent filing year (2022), Alaska Heat Smart reported a surplus of $6K, with revenue exceeding expenses. The organization holds $282K in liabilities against $302K in assets (debt-to-asset ratio: 93.5%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $285K | $278K | $302K | $282K | — | View 990 |
| 2021 | $116K | $102K | $167K | $154K | — | View 990 |
| 2020 | $72K | $72K | $115K | $114K | — | — |
| 2019 | $148K | $10K | $144K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $285K, expenses of $278K, and assets of $302K (revenue +146.0% year-over-year).
- 2021: Revenue of $116K, expenses of $102K, and assets of $167K (revenue +59.8% year-over-year).
- 2020: Revenue of $72K, expenses of $72K, and assets of $115K (revenue -51.0% year-over-year).
- 2019: Revenue of $148K, expenses of $10K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaska Heat Smart:
Data Sources and Methodology
This transparency report for Alaska Heat Smart 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.