Alaskans For Palmer Hay Flats
Alaskans For Palmer Hay Flats reports $0 revenue and assets in its latest filing, indicating potential dormancy after years of deficit spending.
EIN: 203556229 · Wasilla, AK · NTEE: C27 · Updated: 2026-03-28
Is Alaskans For Palmer Hay Flats Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alaskans For Palmer Hay Flats directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alaskans For Palmer Hay Flats
Alaskans For Palmer Hay Flats (EIN: 203556229) is a nonprofit organization based in Wasilla, AK, classified under NTEE code C27. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaskans For Palmer Hay Flats's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaskans For Palmer Hay Flats is a micro nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -41.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $17K |
| Surplus / Deficit | $-12,432 |
| Total Assets | $24K |
| Total Liabilities | $124 |
| Net Assets | $24K |
| Operating Margin | -286.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 17.4 months |
Financial Health Grade: B
In 2017, Alaskans For Palmer Hay Flats reported a deficit of $12K with expenses exceeding revenue, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Alaskans For Palmer Hay Flats's revenue has declined at a compound annual growth rate (CAGR) of -41.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -69.5% | -14.3% | -35.2% |
| 2016 | -91.7% | -86.5% | -15.2% |
| 2015 | +71.1% | +21.1% | +6.9% |
| 2014 | +39.6% | +26.9% | -27.0% |
| 2013 | +86.6% | +24.3% | -26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Alaskans For Palmer Hay Flats with a Mission Score of 45 out of 100 (Fair). 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, Alaskans For Palmer Hay Flats 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is likely volunteer-based, which is a positive for resource allocation given its small size and fluctuating revenues.
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 Alaskans For Palmer Hay Flats's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity.
- Consistent trend of expenses exceeding revenue in most historical periods (e.g., 2017, 2016, 2014, 2013, 2012), leading to asset depletion.
- Significant decline in assets from $121,793 in 2011 to $0 in the latest period.
Strengths
The following positive indicators were identified for Alaskans For Palmer Hay Flats:
- No officer compensation reported across all filings, suggesting volunteer leadership and efficient use of funds for overhead.
- Consistent filing of IRS 990s for seven periods, demonstrating historical transparency.
Frequently Asked Questions about Alaskans For Palmer Hay Flats
Is Alaskans For Palmer Hay Flats a legitimate charity?
Based on AI analysis of IRS 990 filings, Alaskans For Palmer Hay Flats (EIN: 203556229) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Alaskans For Palmer Hay Flats spend its money?
Alaskans For Palmer Hay Flats directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alaskans For Palmer Hay Flats tax-deductible?
Alaskans For Palmer Hay Flats is registered as a tax-exempt nonprofit (EIN: 203556229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alaskans For Palmer Hay Flats currently active?
The latest IRS 990 data showing $0 revenue and $0 assets strongly suggests the organization may be inactive or operating on an extremely limited, unfunded basis.
What caused the significant decline in assets from $121,793 in 2011 to $0 currently?
The decline in assets is primarily due to the organization consistently reporting expenses exceeding revenue in most years, such as $16,768 in expenses against $4,336 in revenue in 2017, gradually depleting its reserves.
How does the organization fund its operations if it has $0 revenue?
Based on the latest filing, it appears the organization is not currently funding operations, as both revenue and assets are reported as $0. This indicates a cessation of financial activity.
Filing History
IRS 990 filing history for Alaskans For Palmer Hay Flats showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Alaskans For Palmer Hay Flats's revenue has declined by 95.9%, moving from $106K to $4K. Total assets decreased by 80.1% over the same period, from $122K to $24K. Total functional expenses fell by 79.3%, from $81K to $17K. In its most recent filing year (2017), Alaskans For Palmer Hay Flats reported a deficit of $12K, with expenses exceeding revenue. The organization holds $124 in liabilities against $24K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $4K | $17K | $24K | $124 | — | View 990 |
| 2016 | $14K | $20K | $37K | $854 | — | View 990 |
| 2015 | $172K | $145K | $44K | $104 | — | View 990 |
| 2014 | $100K | $120K | $41K | $24K | — | View 990 |
| 2013 | $72K | $95K | $57K | $20K | — | View 990 |
| 2012 | $39K | $76K | $76K | $17K | — | View 990 |
| 2011 | $106K | $81K | $122K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $4K, expenses of $17K, and assets of $24K (revenue -69.5% year-over-year).
- 2016: Revenue of $14K, expenses of $20K, and assets of $37K (revenue -91.7% year-over-year).
- 2015: Revenue of $172K, expenses of $145K, and assets of $44K (revenue +71.1% year-over-year).
- 2014: Revenue of $100K, expenses of $120K, and assets of $41K (revenue +39.6% year-over-year).
- 2013: Revenue of $72K, expenses of $95K, and assets of $57K (revenue +86.6% year-over-year).
- 2012: Revenue of $39K, expenses of $76K, and assets of $76K (revenue -63.6% year-over-year).
- 2011: Revenue of $106K, expenses of $81K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaskans For Palmer Hay Flats:
Data Sources and Methodology
This transparency report for Alaskans For Palmer Hay Flats 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.