Kobuk 440 Racing Association Inc
Nonprofit profile at a glance
- EIN
- 461672915
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Kotzebue, AK, USA
- Phone
- 9074424440
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $139,831
- Expenses
- $117,164
- Assets
- $55,955
- Liabilities
- $2,438
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PAUL HANSEN (PRESIDENT)
People named in this filing
- PAUL HANSEN (PRESIDENT)
- VIVA TEAL (VICE PRESIDE)
- MICHELLE KUBALAK (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The kobuk 440 racing association is dedicated to enhancing and perpetuating the inupiaq tradition of distance dog mushing in the arctic.
Operating model
- Revenue model
- Donor-supported. 94% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.7%; rating input score 77
- Program expense ratio: 91.5%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 16.2%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 76.7% of revenue deployed · 91.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $107K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.