Civic Intelligence

Southeast Alaska State Fair Inc

EIN 23-7078520 • 501(c)3 • Haines, AK

Profile

Southeast Alaska State Fair Inc enriches community by hosting celebrations of heritage, creativity, and social exchange. Southeast Alaska State Fair hosts a regional Fair and plans and operates other events that enhance the economic, cultural, and creative well-being of Haines and the region, and encourages year-round use of the fairgrounds or educational and active pursuits.

PO Box 385Haines, AK 99827

www.seakfair.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.02x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

24th percentile

-8.4%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

31st percentile

-2.1%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

25th percentile

-7.1%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$1,496,434

Down $16,318 (-1.1%) from 2023

Liabilities

Up

$7,022

Up $2,275 (+48%) from 2023

Net Assets

Down

$1,489,412

Down $18,593 (-1.2%) from 2023

Operations
Liabilities / Revenue32nd percentileNet Margin24th percentile

Revenue

Up

$402,318

Up $24,980 (+6.6%) from 2023

Expenses

Up

$436,110

Up $1,097 (+0.3%) from 2023

Net Income

Up

-$33,792

Up $23,883 (+41%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2020: $1,474,135Liabilities 2020: $41,482Net Assets 2020: $1,432,6532020Assets 2021: $1,450,595Liabilities 2021: $40,487Net Assets 2021: $1,410,1082021Assets 2022: $1,560,629Liabilities 2022: $10,855Net Assets 2022: $1,549,7742022Assets 2023: $1,512,752Liabilities 2023: $4,747Net Assets 2023: $1,508,0052023Assets 2024: $1,496,434Liabilities 2024: $7,022Net Assets 2024: $1,489,4122024

Highlighted filing

2024

Assets$1,496,434
Liabilities$7,022
Net Assets$1,489,412
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $214,462Expenses 2020: $226,524Net Income 2020: -$12,0622020Revenue 2021: $327,648Expenses 2021: $331,470Net Income 2021: -$3,8222021Revenue 2022: $466,661Expenses 2022: $362,014Net Income 2022: $104,6472022Revenue 2023: $377,338Expenses 2023: $435,013Net Income 2023: -$57,6752023Revenue 2024: $402,318Expenses 2024: $436,110Net Income 2024: -$33,7922024

Highlighted filing

2024

Revenue$402,318
Expenses$436,110
Net Income-$33,792
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,496,434
Liabilities
$7,022
Net assets
$1,489,412
Revenue
$402,318
Expenses
$436,110
Net income
-$33,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.01$1.49$0.40$0.44$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.38$0.44$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$0.47$0.36$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.45$0.04$1.41$0.33$0.33$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.04$1.43$0.21$0.23$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.0
Gross Receipts
$416,629
Mission and Program Overview

Mission

Southeast Alaska State Fair Inc enriches community by hosting celebrations of heritage, creativity, and social exchange. Southeast Alaska State Fair hosts a regional Fair and plans and operates other events that enhance the economic, cultural, and creative well-being of Haines and the region, and encourages year-round use of the fairgrounds or educational and active pursuits.

Provide year-round community facilities, activities and maintain the fairgrounds for the Southeast Alaska State Fair and other community events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,513,857$1,489,412▼ $24,445
Land, Buildings, and Equipment, Net$1,069,926$1,069,953▲ $27
Savings and Temporary Cash Investments$198,169$268,366▲ $70,197
Cash and Non-Interest-Bearing Accounts$218,178$126,710▼ $91,468
Accounts Receivable$30,531$30,658▲ $127
Other Notes and Loans Receivable, Net$4,298$747▼ $3,551
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,521,102$1,496,434▼ $24,668
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$2,460$4,762▲ $2,302
Other Liabilities$4,785$2,260▼ $2,525
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,245$7,022▼ $223
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,513,857$1,489,412▼ $24,445
Total Liabilities and Net Assets / Fund Balance$1,521,102$1,496,434▼ $24,668

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$176,817$784,979$0
Other Land Buildings$0$0$0
Land$878,231-$0
Equipment$14,905$159,537$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Amanda RandalsInterim Executive DirectorFT$44,650$44,650

Board Members and Trustees

NameTitle
Jeremy ReedPresident
Shannon StevenVice President
Nick SchlossteinBoard Director
David ThomasBoard Member
Jack SmithBoard Member
Jacqualine FunkhouserBoard Member
Kara MurphyBoard Member
Kenny AshbrookBoard Member
Nancy ColemanBoard Member
Spencer DouthitBoard Member
Peter DwyerBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,263
Program Service Revenue
$306,528
Investment Income
$36,318
Other Revenue
$33,209
All Other Contributions
$11,954
Change in Net Assets
$-33,792
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,750
Salaries, Compensation, and Employee Benefits$163,360
Total Fundraising Expense$14,756
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,336$0$0$104,336
Current Officers, Directors, Trustees, and Key Employees$22,325$11,163$11,163$44,651
All Other Expenses$32,443$0$0$32,443
Depreciation Depletion$0$24,640$0$24,640
Insurance$21,147$0$0$21,147
Other Expenses$14,311$0$0$14,311
Payroll Taxes$6,429$3,214$3,214$12,857
Fees for Services Accounting$0$4,080$0$4,080
Office Expenses$3,472$0$0$3,472
Other Employee Benefits$758$379$379$1,516
Advertising$284$0$0$284
Conferences and Meetings$19$0$0$19
Total Functional Expenses$377,878$43,476$14,756$436,110
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mutual of America IRA$867
Wage Garnishment Order$667
AK Unemployment Tax$366
deposit owed$360
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Board of Directors”

Form 990, Part VI, Section A, Line 7A

“Board of Directors”

Form 990, Part VI, Section B, Line 11B

“Copies of IRS Form 990 are kept in the Fair office and provided to the public for review upon request.”

Form 990, Part VI, Section B, Line 12A

“Conflict of Interest policy is reviewed with the Board of Directors every year and upon a transition of Board members.”

Form 990, Part VI, Section B, Line 12C

“The Board continually evaluates any conflict of interest and if there is a change in board membership the policy is review. Each Board Members sign a conflict of interest statement when instated.”

Form 990, Part VI, Section B, Line 15

“The Board of Directors review salaries from similar executive positions in the Haines Borough. An executive session is held annually by the Board of Directors to discuss executive pay following annual performance evaluations, and employment contracts are revised and signed. The Board of Directors conduct a review each time an executive director leaves employment with the organization.”

Form 990, Part VI, Section C, Line 19

“Copies of IRS Form 990 governing documents and policies are kept on file in the Fair office and are provided to the public for review upon request.”

Filing and Contact Details

Filer

Filer Name
Southeast Alaska State Fair Inc
EIN
23-7078520
Phone
9077662476
Address
PO Box 385, Haines, AK 99827

Signing Officer

Name
Kari Johnson
Title
Director
Phone
9077662476
Signed
2025-11-11

Organization Details

Formed
1969
Legal Domicile
Ak
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
200
Raw XML AppendixShowing 400 of 735 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
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IRS990/MembershipDuesAmt03075
IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0Southeast Alaska State Fair Inc enriches community by hosting celebrations of heritage, creativity, and social exchange. Southeast Alaska State Fair hosts a regional Fair and plans and operates other events that enhance the economic, cultural, and creative well-being of Haines and the region, and encourages year-round use of the fairgrounds or educational and active pursuits.
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Southeast Alaska State Fair Inc
IRS990/PriorPeriodAdjustmentsAmt09317

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