Tikigaqmiut Incorporated
Tikigaqmiut Incorporated reports zero revenue and assets in its latest filing, continuing a trend of expenses exceeding income.
EIN: 10794721 · Point Hope, AK · Updated: 2026-03-27
Is Tikigaqmiut Incorporated Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tikigaqmiut Incorporated directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Tikigaqmiut Incorporated
Tikigaqmiut Incorporated (EIN: 10794721) is a nonprofit organization based in Point Hope, AK. 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 Tikigaqmiut Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tikigaqmiut Incorporated with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Tikigaqmiut Incorporated allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation, which is unusual for an organization with historical expenses in the hundreds of thousands.
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 Tikigaqmiut Incorporated's IRS 990 filings:
- Zero revenue and assets reported in the latest filing, indicating potential dormancy or severe financial distress.
- Consistent operating deficits where expenses significantly exceed revenue across multiple years (e.g., 2016 revenue $26,176 vs. expenses $163,644).
- Significant drop in reported assets from millions to zero without clear explanation in public filings.
Strengths
The following positive indicators were identified for Tikigaqmiut Incorporated:
- Consistent reporting of 0% officer compensation, indicating no executive pay from the organization's funds.
Frequently Asked Questions about Tikigaqmiut Incorporated
Is Tikigaqmiut Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Tikigaqmiut Incorporated (EIN: 10794721) significant concerns. Mission Score: 35/100. 3 red flags identified, 1 strength noted.
How does Tikigaqmiut Incorporated spend its money?
Tikigaqmiut Incorporated directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tikigaqmiut Incorporated tax-deductible?
Tikigaqmiut Incorporated is registered as a tax-exempt nonprofit (EIN: 10794721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Tikigaqmiut Incorporated report $0 in both revenue and assets in its latest filing?
The latest filing shows $0 for both revenue and assets, which is a drastic change from previous years where assets were in the millions. This could indicate a change in reporting, a significant financial event, or potential inactivity.
How does Tikigaqmiut Incorporated sustain its operations given its consistent revenue deficits?
Historically, the organization has spent significantly more than it earned (e.g., $26,176 revenue vs. $163,644 expenses in 2016). Without substantial revenue, the organization would rely on drawing down assets or other funding sources not immediately apparent from the revenue figures.
What is the nature of the organization's assets, which were previously in the millions but are now reported as zero?
In 2016, assets were reported at $2,516,546. The subsequent reporting of $0 assets requires clarification to understand if these assets were liquidated, transferred, or if there's a reporting discrepancy.
Filing History
IRS 990 filing history for Tikigaqmiut Incorporated showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Tikigaqmiut Incorporated's revenue has grown by 25.5%, moving from $21K to $26K. Total assets decreased by 18.4% over the same period, from $3.1M to $2.5M. Total functional expenses fell by 3.1%, from $169K to $164K. In its most recent filing year (2016), Tikigaqmiut Incorporated reported a deficit of $137K, with expenses exceeding revenue. The organization holds $122K in liabilities against $2.5M in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2016 | $26K | $164K | $2.5M | $122K | — | View 990 |
| 2015 | $53K | $184K | $2.7M | $125K | — | View 990 |
| 2014 | $103K | $195K | $2.8M | $93K | — | View 990 |
| 2013 | $7K | $198K | $2.9M | $121K | — | View 990 |
| 2012 | $1.9M | $398K | $2.9M | $1K | — | View 990 |
| 2011 | $21K | $169K | $3.1M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $26K, expenses of $164K, and assets of $2.5M (revenue -50.2% year-over-year).
- 2015: Revenue of $53K, expenses of $184K, and assets of $2.7M (revenue -48.9% year-over-year).
- 2014: Revenue of $103K, expenses of $195K, and assets of $2.8M (revenue +1304.8% year-over-year).
- 2013: Revenue of $7K, expenses of $198K, and assets of $2.9M (revenue -99.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $398K, and assets of $2.9M (revenue +8976.9% year-over-year).
- 2011: Revenue of $21K, expenses of $169K, and assets of $3.1M.
Data Sources and Methodology
This transparency report for Tikigaqmiut Incorporated 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.