Civic Intelligence

Alaska State Elks Major Project Inc

990 • Fiscal year 2017 • EIN 45-4703657

Jun 01, 2016 to May 31, 2017 • Filed on Feb 23, 2018

231 Knoll CirSoldotna, AK 99669-7352

(907) 262-5667

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.35x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$1,875

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

31st percentile

-2.3%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

77%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$552,362

Down $13,133 (-2.3%) from 2016

Net Assets

Down

$511,821

Down $29,157 (-5.4%) from 2016

Liabilities

Up

$40,541

Up $16,024 (+65%) from 2016

Revenue

Up

$114,995

Up $49,857 (+77%) from 2016

Expenses

Up

$144,151

Up $19,962 (+16%) from 2016

Net Income

Up

-$29,156

Up $29,895 (+51%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2012: $405,322Liabilities 2012: $0Net Assets 2012: $405,3222012Assets 2013: $485,179Liabilities 2013: $6,400Net Assets 2013: $478,7792013Assets 2014: $510,074Liabilities 2014: $8,395Net Assets 2014: $501,6792014Assets 2015: $604,304Liabilities 2015: $4,275Net Assets 2015: $600,0292015Assets 2016: $565,495Liabilities 2016: $24,517Net Assets 2016: $540,9782016Assets 2017: $552,362Liabilities 2017: $40,541Net Assets 2017: $511,8212017Assets 2018: $503,439Liabilities 2018: $15,113Net Assets 2018: $488,3262018Assets 2019: $451,717Liabilities 2019: $14,884Net Assets 2019: $436,8332019Assets 2020: $450,230Liabilities 2020: $253Net Assets 2020: $449,9772020Assets 2021: $402,294Liabilities 2021: $898Net Assets 2021: $401,3962021Assets 2022: $382,478Liabilities 2022: $1,260Net Assets 2022: $381,2182022Assets 2023: $370,150Liabilities 2023: $0Net Assets 2023: $370,1502023Assets 2024: $99,213Liabilities 2024: $0Net Assets 2024: $99,2132024Assets 2025: $99,038Liabilities 2025: $0Net Assets 2025: $99,0382025

Highlighted filing

2017

Assets$552,362
Liabilities$40,541
Net Assets$511,821

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$0-$200K-$400KExpenses 2012: $186,7222012Revenue 2013: $191,131Expenses 2013: $117,674Net Income 2013: $73,4572013Revenue 2014: $194,272Expenses 2014: $171,372Net Income 2014: $22,9002014Revenue 2015: $112,800Expenses 2015: $29,561Net Income 2015: $83,2392015Revenue 2016: $65,138Expenses 2016: $124,189Net Income 2016: -$59,0512016Revenue 2017: $114,995Expenses 2017: $144,151Net Income 2017: -$29,1562017Revenue 2018: $104,865Expenses 2018: $128,361Net Income 2018: -$23,4962018Revenue 2019: $95,937Expenses 2019: $147,430Net Income 2019: -$51,4932019Revenue 2020: $160,449Expenses 2020: $147,305Net Income 2020: $13,1442020Revenue 2021: $8,866Expenses 2021: $57,448Net Income 2021: -$48,5822021Revenue 2022: $25,537Expenses 2022: $45,715Net Income 2022: -$20,1782022Revenue 2023: $59,760Expenses 2023: $70,827Net Income 2023: -$11,0672023Revenue 2024: -$206,651Expenses 2024: $64,287Net Income 2024: -$270,9382024Expenses 2025: $1752025

Highlighted filing

2017

Revenue$114,995
Expenses$144,151
Net Income-$29,156
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Feb 23, 2018
Return Version
2016v3.0
Gross Receipts
$114,995
Mission and Program Overview

Mission

To provide a fun and safe alaskan camping experience while sharing the values of pride in america and community support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$458,605$454,192▼ $4,413
Cash and Non-Interest-Bearing Accounts$91,798$75,200▼ $16,598
Prepaid Expenses and Deferred Charges$14,467$22,345▲ $7,878
Inventories for Sale or Use$625$625→ $0
Total Assets$565,495$552,362▼ $13,133
Liabilities
Accounts Payable and Accrued Expenses$980$23,866▲ $22,886
Deferred Revenue$23,537$16,675▼ $6,862
Total Liabilities$24,517$40,541▲ $16,024
Net Assets / Fund Balance
Unrestricted Net Assets$540,978$511,821▼ $29,157
Total Net Assets Fund Balance$540,978$511,821▼ $29,157
Total Liabilities and Net Assets / Fund Balance$565,495$552,362▼ $13,133

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$290,605$568,626$859,231
Land$160,050-$160,050
Equipment$3,537$69,752$73,289
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul WhitneySecretaryPT$1,875$1,875

Board Members and Trustees

NameTitle
Rick MourekTrustee Chair
Konrad JacksonPresident
Mike SouthcottPresident Elect
Kerry TomlinsonVice President
Andrew CremataTrustee
Lori LynchTrustee
Al NagelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,900
Program Service Revenue
$14,079
Investment Income
$16
Other Revenue
$0
All Other Contributions
$100,900
Change in Net Assets
$-29,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$121,782
Salaries, Compensation, and Employee Benefits$22,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$24,971--$24,971
Other Salaries and Wages$17,718--$17,718
Insurance$12,532--$12,532
Fees for Services Accounting$10,445--$10,445
Other Expenses$7,043--$7,043
All Other Expenses$6,122--$6,122
Payroll Taxes$2,776--$2,776
Current Officers, Directors, Trustees, and Key Employees$1,875--$1,875
Office Expenses$713--$713
Total Functional Expenses$144,151$0$0$144,151
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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 B, Line 11B

Prepared form 990 would be presented for review at a board meeting where all present would have an opportunity to review, question, and approve the returns before filing with the irs.

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

Any conflict of interest that arises would be addressed at a board meeting and action taken as deemed appropriate based on the circumstances.

Form 990, Part VI, Section C, Line 19

A request would be taken before the board who would then designate a representative to arrange a convenient time and place for all parties.

Filing and Contact Details

Filer

Filer Name
Alaska State Elks Major Project Inc
EIN
45-4703657
Phone
9072625667
Address
231 KNOLL CIR, SOLDOTNA, AK 99669-7352

Signing Officer

Name
Paul Whitney
Title
Secretary
Phone
9072625667
Signed
2018-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Whitney
Formed
2011
Legal Domicile
Ak
Voting Board Members
8
Independent Board Members
8
Employees
30
Volunteers
250

Preparer

Firm
Hearthstone CPA Group Ps
Address
4312 KITSAP WAY SUITE 102, BREMERTON, WA 98312
Preparer
Mike Lind CPA
Phone
3604794611
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -1.

FORM 990, PART XII, LINE 1:

The organization uses the modified cash method of accounting and has done so consistently in prior years for 990 reporting purposes.

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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01865
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015007
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86040
IRS990ScheduleA/PublicSupportPY509Pct00.86730
IRS990ScheduleA/PublicSupportTotal509Amt0535911
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0100900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt036110
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0127299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0128516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0143086
IRS990ScheduleA/Total509Grp/TotalAmt0535911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0112586
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0154034
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0143680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0154307
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0622863
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0290605
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0568626
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0859231
IRS990ScheduleD/EquipmentGrp/BookValueAmt03537
IRS990ScheduleD/EquipmentGrp/DepreciationAmt069752
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt073289
IRS990ScheduleD/LandGrp/BookValueAmt0160050
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0160050
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0454192
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPARED FORM 990 WOULD BE PRESENTED FOR REVIEW AT A BOARD MEETING WHERE ALL PRESENT WOULD HAVE AN OPPORTUNITY TO REVIEW, QUESTION, AND APPROVE THE RETURNS BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY CONFLICT OF INTEREST THAT ARISES WOULD BE ADDRESSED AT A BOARD MEETING AND ACTION TAKEN AS DEEMED APPROPRIATE BASED ON THE CIRCUMSTANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REQUEST WOULD BE TAKEN BEFORE THE BOARD WHO WOULD THEN DESIGNATE A REPRESENTATIVE TO ARRANGE A CONVENIENT TIME AND PLACE FOR ALL PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION USES THE MODIFIED CASH METHOD OF ACCOUNTING AND HAS DONE SO CONSISTENTLY IN PRIOR YEARS FOR 990 REPORTING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA - BROTHERSISTER RELATIONSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA - BROTHERSISTER RELATIONSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALASKA STATE ELKS ASSOCIATION CHARITABLE TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ALASKA STATE ELKS ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0926026104
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1926002001
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(8) & (C)(10)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES CHARITABLE FUNDING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FRATERNAL ORGANIZATION PROVIDING CHARITABLE DONATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0231 KNOLL CIRCLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1231 KNOLL CIRCLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SOLDOTNA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SOLDOTNA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0996697352
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1996697352
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt075735
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALASKA STATE ELKS ASSOCIATION CHARITABLE TRUST
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0565495
IRS990/TotalAssetsEOYAmt0552362
IRS990/TotalAssetsGrp/BOYAmt0565495
IRS990/TotalAssetsGrp/EOYAmt0552362
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0100900
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144151
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144151
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024517
IRS990/TotalLiabilitiesEOYAmt040541
IRS990/TotalLiabilitiesGrp/BOYAmt024517
IRS990/TotalLiabilitiesGrp/EOYAmt040541
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0540978
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0511821
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0144151
IRS990/TotalProgramServiceRevenueAmt014079
IRS990/TotalReportableCompFromOrgAmt01875
IRS990/TotalRevenueGrp/ExclusionAmt011670
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02425
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0114995
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$2.07$0.64$2.71
2023Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$0.60$0.71$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.82$0.01$3.81$0.26$0.46$0.20
2021Detailed filing. Detailed filing data is available for this year.$4.02$0.01$4.01$0.09$0.57$0.49
2020Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$1.60$1.47$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.52$0.15$4.37$0.96$1.47$0.51
2018Detailed filing. Detailed filing data is available for this year.$5.03$0.15$4.88$1.05$1.28$0.23
2017Detailed filing. Detailed filing data is available for this year.$5.52$0.41$5.12$1.15$1.44$0.29
2016Detailed filing. Detailed filing data is available for this year.$5.65$0.25$5.41$0.65$1.24$0.59
2015Summary only. Only limited summary data is available for this year.$6.04$0.04$6.00$1.13$0.30$0.83
2014Detailed filing. Detailed filing data is available for this year.$5.10$0.08$5.02$1.94$1.71$0.23
2013Summary only. Only limited summary data is available for this year.$4.85$0.06$4.79$1.91$1.18$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.00$4.05$1.87