Statewide Independent Living Council Of Alaska Inc
Statewide Independent Living Council Of Alaska Inc consistently operates with balanced budgets and no reported officer compensation.
EIN: 121597458 · Soldotna, AK · NTEE: P01 · Updated: 2026-03-28
Is Statewide Independent Living Council Of Alaska Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Statewide Independent Living Council Of Alaska Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Statewide Independent Living Council Of Alaska Inc
Statewide Independent Living Council Of Alaska Inc (EIN: 121597458) is a nonprofit organization based in Soldotna, AK, classified under NTEE code P01. The organization reported total revenue of $803K and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Statewide Independent Living Council Of Alaska Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Statewide Independent Living Council Of Alaska Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $362K |
| Surplus / Deficit | $-44,072 |
| Total Assets | $199K |
| Total Liabilities | $84K |
| Net Assets | $114K |
| Operating Margin | -13.9% |
| Debt-to-Asset Ratio | 42.4% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Statewide Independent Living Council Of Alaska Inc reported a deficit of $44K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 42.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Statewide Independent Living Council Of Alaska Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.5% | -5.2% | -47.2% |
| 2022 | +72.8% | +49.4% | +39.3% |
| 2021 | -29.0% | -34.3% | -5.7% |
| 2020 | +79.1% | +79.3% | -10.4% |
| 2019 | -4.3% | -4.8% | +34.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Statewide Independent Living Council Of Alaska Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Statewide Independent Living Council Of Alaska Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with annual expenses often exceeding $200,000. This suggests either a fully volunteer-led executive team or compensation is categorized differently, but it strongly indicates resources are not being diverted to high 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 Statewide Independent Living Council Of Alaska Inc's IRS 990 filings:
- Consistent 0% officer compensation may warrant further inquiry to understand how leadership is compensated or sustained, as it is atypical for an organization with significant operational expenses.
Strengths
The following positive indicators were identified for Statewide Independent Living Council Of Alaska Inc:
- Consistent reporting of 0% officer compensation, indicating strong resource dedication to mission.
- Generally balanced revenues and expenses over a decade, demonstrating financial stability.
- Growth in assets over time, suggesting increasing financial capacity.
- Clear alignment between NTEE code (P01 - Independent Living) and likely program focus.
Frequently Asked Questions about Statewide Independent Living Council Of Alaska Inc
Is Statewide Independent Living Council Of Alaska Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Statewide Independent Living Council Of Alaska Inc (EIN: 121597458) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Statewide Independent Living Council Of Alaska Inc spend its money?
Statewide Independent Living Council Of Alaska Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Statewide Independent Living Council Of Alaska Inc tax-deductible?
Statewide Independent Living Council Of Alaska Inc is registered as a tax-exempt nonprofit (EIN: 121597458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Statewide Independent Living Council Of Alaska Inc a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong dedication of resources to its mission. Its revenues and expenses are generally balanced, and assets have shown growth over time.
How does Statewide Independent Living Council Of Alaska Inc manage its liabilities?
The organization's liabilities have fluctuated, for example, from $10,038 in 2014 to $217,703 in 2022, then down to $84,229 in 2023. While these fluctuations can be significant, they generally remain below total assets, suggesting a manageable financial position.
What is the trend in the organization's assets?
The organization's assets have shown a general upward trend over the past decade, increasing from $37,642 in 2014 to $198,502 in 2023, with a peak of $376,048 in 2022. This indicates a growing financial base.
Filing History
IRS 990 filing history for Statewide Independent Living Council Of Alaska Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Statewide Independent Living Council Of Alaska Inc's revenue has grown by 35.9%, moving from $234K to $317K. Total assets increased by 466.5% over the same period, from $35K to $199K. Total functional expenses rose by 54.4%, from $234K to $362K. In its most recent filing year (2023), Statewide Independent Living Council Of Alaska Inc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $84K in liabilities against $199K in assets (debt-to-asset ratio: 42.4%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $362K | $199K | $84K | — | View 990 |
| 2022 | $477K | $381K | $376K | $218K | — | View 990 |
| 2021 | $276K | $255K | $270K | $207K | — | — |
| 2020 | $389K | $389K | $286K | $245K | — | View 990 |
| 2019 | $217K | $217K | $320K | $278K | — | View 990 |
| 2018 | $227K | $228K | $238K | $197K | — | View 990 |
| 2017 | $255K | $241K | $171K | $129K | — | View 990 |
| 2016 | $369K | $371K | $111K | $83K | — | View 990 |
| 2015 | $206K | $202K | $44K | $13K | — | View 990 |
| 2014 | $215K | $209K | $38K | $10K | — | View 990 |
| 2013 | $225K | $216K | $34K | $13K | — | View 990 |
| 2012 | $234K | $234K | $35K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $362K, and assets of $199K (revenue -33.5% year-over-year).
- 2022: Revenue of $477K, expenses of $381K, and assets of $376K (revenue +72.8% year-over-year).
- 2021: Revenue of $276K, expenses of $255K, and assets of $270K (revenue -29.0% year-over-year).
- 2020: Revenue of $389K, expenses of $389K, and assets of $286K (revenue +79.1% year-over-year).
- 2019: Revenue of $217K, expenses of $217K, and assets of $320K (revenue -4.3% year-over-year).
- 2018: Revenue of $227K, expenses of $228K, and assets of $238K (revenue -10.8% year-over-year).
- 2017: Revenue of $255K, expenses of $241K, and assets of $171K (revenue -30.9% year-over-year).
- 2016: Revenue of $369K, expenses of $371K, and assets of $111K (revenue +79.1% year-over-year).
- 2015: Revenue of $206K, expenses of $202K, and assets of $44K (revenue -4.4% year-over-year).
- 2014: Revenue of $215K, expenses of $209K, and assets of $38K (revenue -4.4% year-over-year).
- 2013: Revenue of $225K, expenses of $216K, and assets of $34K (revenue -3.5% year-over-year).
- 2012: Revenue of $234K, expenses of $234K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Statewide Independent Living Council Of Alaska Inc:
Data Sources and Methodology
This transparency report for Statewide Independent Living Council Of Alaska 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.