Nordic Skiing Association Of Anchorage
EIN: 237232617 · Anchorage, AK · NTEE: N60
Is Nordic Skiing Association Of Anchorage Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nordic Skiing Association Of Anchorage
Nordic Skiing Association Of Anchorage (EIN: 237232617) is a nonprofit organization based in Anchorage, AK, classified under NTEE code N60. The organization reported total revenue of $2.7M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nordic Skiing Association Of Anchorage's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nordic Skiing Association Of Anchorage is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$124K |
| Total Assets | $2.3M |
| Total Liabilities | $46K |
| Net Assets | $2.3M |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 16.4 months |
Financial Health Grade: A
In 2023, Nordic Skiing Association Of Anchorage reported a surplus of $124K with revenue exceeding expenses, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nordic Skiing Association Of Anchorage's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.6% | +25.5% | -2.4% |
| 2022 | -10.4% | +7.6% | +17.5% |
| 2021 | +32.4% | +6.5% | +13.6% |
| 2020 | -16.9% | -11.5% | +9.0% |
| 2019 | -3.2% | +5.2% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nordic Skiing Association Of Anchorage 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 Nordic Skiing Association Of Anchorage 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $124K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Nordic Skiing Association Of Anchorage
Is Nordic Skiing Association Of Anchorage a legitimate charity?
Based on AI analysis of IRS 990 filings, Nordic Skiing Association Of Anchorage (EIN: 237232617) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nordic Skiing Association Of Anchorage spend its money?
Detailed spending breakdown data is not yet available for Nordic Skiing Association Of Anchorage. Check back for updated IRS 990 analysis.
Are donations to Nordic Skiing Association Of Anchorage tax-deductible?
Nordic Skiing Association Of Anchorage is registered as a tax-exempt nonprofit (EIN: 237232617). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Nordic Skiing Association Of Anchorage showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nordic Skiing Association Of Anchorage's revenue has grown by 67.9%, moving from $1.1M to $1.8M. Total assets increased by 400.8% over the same period, from $462K to $2.3M. Total functional expenses rose by 43.5%, from $1.2M to $1.7M. In its most recent filing year (2023), Nordic Skiing Association Of Anchorage reported a surplus of $124K, with revenue exceeding expenses. The organization holds $46K in liabilities against $2.3M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.7M | $2.3M | $46K | — | View 990 |
| 2022 | $1.5M | $1.4M | $2.4M | $316K | — | View 990 |
| 2021 | $1.6M | $1.3M | $2.0M | $58K | — | View 990 |
| 2020 | $1.2M | $1.2M | $1.8M | $179K | — | — |
| 2019 | $1.5M | $1.3M | $1.6M | $74K | — | View 990 |
| 2018 | $1.5M | $1.3M | $1.5M | $105K | — | View 990 |
| 2017 | $1.2M | $1.1M | $1.3M | $159K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.1M | $91K | — | View 990 |
| 2015 | $1.2M | $1.2M | $1.2M | $187K | — | View 990 |
| 2014 | $2.0M | $1.4M | $1.1M | $115K | — | View 990 |
| 2013 | $1.3M | $1.2M | $424K | $9K | — | View 990 |
| 2012 | $1.3M | $1.4M | $377K | $14K | — | View 990 |
| 2011 | $1.1M | $1.2M | $462K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.7M, and assets of $2.3M (revenue +25.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $2.4M (revenue -10.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $2.0M (revenue +32.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.8M (revenue -16.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $1.6M (revenue -3.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.3M, and assets of $1.5M (revenue +24.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +1.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $1.2M (revenue -38.3% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.4M, and assets of $1.1M (revenue +57.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $424K (revenue -2.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $377K (revenue +20.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $462K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nordic Skiing Association Of Anchorage:
Data Sources and Methodology
This transparency report for Nordic Skiing Association Of Anchorage 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.