Sitka Kaagwaantaan Inc
Sitka Kaagwaantaan Inc reports minimal financial activity with $5 revenue and no expenses in its latest filing.
EIN: 203843520 · Sitka, AK · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Net Assets | $14K |
| Transparency Score | 40/100 |
Is Sitka Kaagwaantaan Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sitka Kaagwaantaan Inc
Sitka Kaagwaantaan Inc (EIN: 203843520) is a nonprofit organization based in Sitka, AK, classified under NTEE code A23. 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 Sitka Kaagwaantaan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sitka Kaagwaantaan Inc is a micro nonprofit that has been operating for 18 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $5 |
| Total Expenses | $0 |
| Surplus / Deficit | +$5 |
| Total Assets | $14K |
| Net Assets | $14K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2022, Sitka Kaagwaantaan Inc reported a surplus of $5 with revenue exceeding expenses.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Sitka Kaagwaantaan Inc with a Mission Score of 40 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Sitka Kaagwaantaan Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation is reported as 0%, which is appropriate given the organization's extremely low revenue and expenses, indicating no financial burden from executive salaries.
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 Sitka Kaagwaantaan Inc's IRS 990 filings:
- Extremely low revenue ($5) and no reported expenses, making financial analysis difficult.
- Lack of discernible program spending, raising questions about operational impact.
Strengths
The following positive indicators were identified for Sitka Kaagwaantaan Inc:
- No reported liabilities, indicating a debt-free financial position.
- 0% officer compensation, suggesting efficient use of limited resources for administrative overhead.
- Holds $14,233 in assets despite minimal revenue, providing a foundational financial base.
Frequently Asked Questions about Sitka Kaagwaantaan Inc
Is Sitka Kaagwaantaan Inc a legitimate charity?
Sitka Kaagwaantaan Inc (EIN: 203843520) is a registered tax-exempt nonprofit based in Alaska. Our AI analysis gives it a Mission Score of 40/100. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Sitka Kaagwaantaan Inc spend its money?
Sitka Kaagwaantaan Inc reported its financials in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sitka Kaagwaantaan Inc tax-deductible?
Sitka Kaagwaantaan Inc is registered as a tax-exempt nonprofit (EIN: 203843520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sitka Kaagwaantaan Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Sitka Kaagwaantaan Inc is near average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sitka Kaagwaantaan Inc located?
Sitka Kaagwaantaan Inc is headquartered in Sitka, Alaska and files with the IRS under EIN 203843520. It is classified under NTEE code A23.
What are Sitka Kaagwaantaan Inc's primary activities given its minimal revenue and no reported expenses?
Based on the 2022 filing, the organization reported $5 in revenue and $0 in expenses, making it unclear what specific activities it undertook or how it utilized its assets of $14,233.
How does Sitka Kaagwaantaan Inc plan to fund its mission with such low revenue?
With only $5 in reported revenue, the organization's current funding model is not evident from the 990 data. It may rely heavily on volunteer efforts or be in a very early stage of development.
Is Sitka Kaagwaantaan Inc financially sustainable?
Given the minimal revenue and expenses, it's difficult to assess long-term financial sustainability. The organization holds $14,233 in assets, which provides some initial stability, but ongoing operations would require more substantial and consistent funding.
Filing History
IRS 990 filing history for Sitka Kaagwaantaan Inc showing financial trends over 1 year of public records:
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $5 | $0 | $14K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sitka Kaagwaantaan Inc:
Data Sources and Methodology
This transparency report for Sitka Kaagwaantaan 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.