Girdwood Inc

Nonprofit profile at a glance

EIN
770631498
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Girdwood, AK, USA
Phone
9077832128
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$726,279
Expenses
$1,056,709
Assets
$3,653,083
Liabilities
$4,831

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • DALE GOODWIN (PRESIDENT)

People named in this filing

  • LYNNE' DORAN (SECRETARY)
  • ALEXANDRA FLETCHER (DIRECTOR)
  • DALE GOODWIN (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Girdwood, inc. Is organized exclusively for educational and charitable purposes to facilitate the public service needs of the girdwood valley and to pursue other educational and charitable purposes that will foster the economic health and vitality of the region and its inhabitants.

What it reported doing in 2024

Adaptive ski program: support adaptive ski program at local ski area. More than 100 individuals are involved in the program. No activity in 2024. Bahnson memorial garden: ongoing funding and maintenance for the bahnson memorial garden completed in 2017. The garden is central to the community and used by residents as well as visitors. Girdwood trails: support and maintenance for the girdwood trail system used by residents and visitors to the community. This includes rehab to the hand tram and other trailwork. Estimated 10,000 individuals served. Girdwood playground: ongoing funding and maintenance for girdwood playground completed in 2006. Girdwood library & community center: support girdwood library and community center building project. Collect public contributions to support the project completed in 2008. Serves the girdwood community (2,720), adjoining areas (1,000), visitors from anchorage (290,000 population) and out of state visitors numbering more than 1 million per year. Skateboard park: support local effort to fundraise to renovate and maintain local skateboard park serving users from girdwood and surrounding communities (3,720) as well as visitors to the area. Tennis courts: support local effort to renovate local tennis courts serving users from girdwood and surrounding communities (3,720) as well as visitors to the area. No activity in 2024. Winner creek bridge: support effort to build a bridge to serve outdoor recreationists on the winner creek trail. No activity in 2024. Community recreation center: support local effort to build a community recreation center that will serve residents and visitors to the community. No activity in 2024. Nissman pavilion: nissman pavilion in forest fair park, supported by donations and volunteer labor. Used by all visitors to the park for shelter and picnic or cooking area. Girdwood 2020 lecture series: support community lecture series providing information, provoking thought and stimulating discussion about the girdwood environment. No activity in 2024. Girdwood fungus fair: support girdwood fungus fair to educate the public regarding locally found mushrooms and other flora. Presented to girdwood and surrounding communities (3,720) and visitors from anchorage (290,000 population). Turnagain news: support local effort to produce a newspaper reporting on events and news focused around the turnagain arm area. Townsquare bridge: support local effort to repair and restore the townsquare bridge which connects the girdwood town square to crow creek road. No activity in 2024. Other programs: samuelson trust, girdwood community land trust, girdwood soccer field, latitude 61: friends of girdwood trails, go for the gold supporting olympic athletes, sladen mohl baseball field, and girdwood recycling project.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.8%; rating input score 92
  • 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: Limited
  • 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -45.5%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 3.46; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 17.9% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 22.2% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.8% of spending went to programs
  • Governance: 10 of 10 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $970K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Highest-paid contractors: 3 contractors listed · $588K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 3/100.