Alaska Plumbing Industry Fund
Alaska Plumbing Industry Fund consistently spends more than it earns, relying on substantial asset reserves.
EIN: 202011767 · Anchorage, AK · NTEE: S41 · Updated: 2026-03-28
Is Alaska Plumbing Industry Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alaska Plumbing Industry Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alaska Plumbing Industry Fund
Alaska Plumbing Industry Fund (EIN: 202011767) is a nonprofit organization based in Anchorage, AK, classified under NTEE code S41. The organization reported total revenue of $72K and total assets of $789K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaska Plumbing Industry Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaska Plumbing Industry Fund is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $96K |
| Surplus / Deficit | $-31,466 |
| Total Assets | $754K |
| Total Liabilities | $6K |
| Net Assets | $748K |
| Operating Margin | -48.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 94.2 months |
Financial Health Grade: B
In 2023, Alaska Plumbing Industry Fund reported a deficit of $31K with expenses exceeding revenue, holds 94.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alaska Plumbing Industry Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | +6.9% | +4.0% |
| 2022 | +13.3% | +41.3% | -7.1% |
| 2021 | -13.2% | +1.8% | -0.2% |
| 2020 | -14.2% | -18.9% | +0.7% |
| 2019 | -11.6% | +7.9% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Plumbing Industry Fund with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Alaska Plumbing Industry Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues typically under $100,000.
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 Plumbing Industry Fund's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $96,036 vs. revenue $64,570)
- Revenue has generally declined from peak years (e.g., $121,537 in 2015) to current levels (e.g., $64,570 in 2023)
Strengths
The following positive indicators were identified for Alaska Plumbing Industry Fund:
- Zero officer compensation reported across all filings, indicating volunteer leadership
- Substantial asset base ($789,068) relative to annual revenue, providing financial stability
- Very low and stable liabilities, demonstrating strong financial management of debt
- Long filing history (13 filings) indicates consistent compliance and transparency
Frequently Asked Questions about Alaska Plumbing Industry Fund
Is Alaska Plumbing Industry Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Alaska Plumbing Industry Fund (EIN: 202011767) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Alaska Plumbing Industry Fund spend its money?
Alaska Plumbing Industry Fund directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alaska Plumbing Industry Fund tax-deductible?
Alaska Plumbing Industry Fund is registered as a tax-exempt nonprofit (EIN: 202011767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alaska Plumbing Industry Fund a good charity?
The Alaska Plumbing Industry Fund exhibits strong financial reserves and zero officer compensation, suggesting efficient use of funds and dedicated volunteer leadership. However, its recent trend of expenses exceeding revenue (e.g., $96,036 expenses vs. $64,570 revenue in 2023) warrants closer examination of its long-term financial sustainability, despite its substantial assets.
How does the organization manage its expenses relative to its income?
For the past three reported periods (2021-2023), the organization's expenses have consistently exceeded its revenue. For example, in 2023, expenses were $96,036 while revenue was $64,570. This indicates a reliance on accumulated assets to cover operational costs, rather than current income.
What is the trend in the organization's assets and liabilities?
The organization maintains substantial assets, growing from $582,889 in 2014 to $789,068 currently, demonstrating strong financial backing. Liabilities have remained very low and stable, typically under $6,000, indicating minimal debt and strong financial health in this regard.
Filing History
IRS 990 filing history for Alaska Plumbing Industry Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alaska Plumbing Industry Fund's revenue has declined by 35.6%, moving from $100K to $65K. Total assets increased by 56.2% over the same period, from $483K to $754K. Total functional expenses rose by 1.6%, from $95K to $96K. In its most recent filing year (2023), Alaska Plumbing Industry Fund reported a deficit of $31K, with expenses exceeding revenue. The organization holds $6K in liabilities against $754K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $748K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $96K | $754K | $6K | — | — |
| 2022 | $67K | $90K | $725K | $2K | — | View 990 |
| 2021 | $59K | $64K | $780K | $2K | — | — |
| 2020 | $68K | $62K | $782K | $2K | — | — |
| 2019 | $79K | $77K | $776K | $2K | — | View 990 |
| 2018 | $89K | $71K | $775K | $2K | — | View 990 |
| 2017 | $75K | $71K | $757K | $2K | — | View 990 |
| 2016 | $119K | $72K | $752K | $1K | — | View 990 |
| 2015 | $122K | $86K | $618K | $0 | — | View 990 |
| 2014 | $113K | $83K | $583K | $0 | — | View 990 |
| 2013 | $97K | $82K | $552K | $0 | — | View 990 |
| 2012 | $124K | $69K | $537K | $0 | — | View 990 |
| 2011 | $100K | $95K | $483K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $96K, and assets of $754K (revenue -3.0% year-over-year).
- 2022: Revenue of $67K, expenses of $90K, and assets of $725K (revenue +13.3% year-over-year).
- 2021: Revenue of $59K, expenses of $64K, and assets of $780K (revenue -13.2% year-over-year).
- 2020: Revenue of $68K, expenses of $62K, and assets of $782K (revenue -14.2% year-over-year).
- 2019: Revenue of $79K, expenses of $77K, and assets of $776K (revenue -11.6% year-over-year).
- 2018: Revenue of $89K, expenses of $71K, and assets of $775K (revenue +18.3% year-over-year).
- 2017: Revenue of $75K, expenses of $71K, and assets of $757K (revenue -36.9% year-over-year).
- 2016: Revenue of $119K, expenses of $72K, and assets of $752K (revenue -1.8% year-over-year).
- 2015: Revenue of $122K, expenses of $86K, and assets of $618K (revenue +7.2% year-over-year).
- 2014: Revenue of $113K, expenses of $83K, and assets of $583K (revenue +16.5% year-over-year).
- 2013: Revenue of $97K, expenses of $82K, and assets of $552K (revenue -21.4% year-over-year).
- 2012: Revenue of $124K, expenses of $69K, and assets of $537K (revenue +23.5% year-over-year).
- 2011: Revenue of $100K, expenses of $95K, and assets of $483K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaska Plumbing Industry Fund:
Data Sources and Methodology
This transparency report for Alaska Plumbing Industry Fund 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.