Anchorage Education Association
Nonprofit profile at a glance
- EIN
- 920074528
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Anchorage, AK, USA
- Phone
- 9072740536
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,321,134
- Expenses
- $3,104,248
- Assets
- $4,760,965
- Liabilities
- $393,095
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Corey Aist (President)
Highest reported compensation
- Corey Aist (President): $142,823 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Anchorage Education Association (Association) is operated for the purpose of promoting the education and well being of school children, protecting and promoting the welfare and economic viability of the teachers in their district, and providing a unified voice with which teachers may express their opinions before the Board of Education and other legal authorities.The objectives and purposes of the Association are to establish and further, through united effort, the highest possible educational opportunity for Anchorages children; to give careful consideration to professional education problems and policies; to promote the enactment of laws for the protection and progress of education in Anchorage; and to accomplish these end objectives through such lawful means, including the publication of periodicals or other media, as may be available to the Association; to represent teachers in collective bargaining; and to maintain and enforce the negotiated agreement.
What it reported doing in 2024
Membership Development, Mentorship, and Conferences: Membership Development Program supporting teachers on guidance of best practices. Solely associated by hosting the Association Good Teaching Institute, which is eligible for college credit. Mentorship Revolving around an induction program to support inexperienced teachers with guidance on the necessary models and tools as they transition into the field. Conferences Program supporting members who attend local and national conferences with the focus on leadership trainings.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Affiliate network. The nonprofit sent 93% of its reported program spending through affiliated organizations.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 55
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 87.1%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.5%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 1.53; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.5% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 87.1% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $143K · 14 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 55/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.