Set Free Alaska Inc

Nonprofit profile at a glance

EIN
264350361
IRS 990 coverage
2011–2025
Forms available
Form 990 2025, Form 990-N 2009
Location
Wasilla, AK, USA
Phone
9073734732
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Treatment Only

Official website

Reported finances

Revenue
$16,457,516
Expenses
$12,185,172
Assets
$21,266,414
Liabilities
$1,360,566

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • Philip Licht (CEO)

Highest reported compensation

  • Philip Licht (CEO): $313,476 total reported compensation
  • Joyce Stein (CFO): $178,946 total reported compensation
  • Clinton Deaver (Medical Prog Mgr.): $164,358 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Set Free Alaska, Inc. is a nonprofit corporation established as a faith driven prevention and treatment center that provides services to the Matanuska-Susitna Valley community in the area of substance abuse and other related addictions and/or destructive behaviors.

What it reported doing in 2025

Medical Services: The Medical program is to provide Medically aided treatment to SFA clients and support our Crisis Stabilization program with daily Medical Subscriber evaluations/visits as per regulation.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59%; rating input score 59
  • Program expense ratio: 80.2%; rating input score 80
  • Fundraising efficiency: $43.79 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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; 64th percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 26%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.75; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 12.7%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 18.6% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 18.1% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 21.1% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 59% of revenue deployed · 80.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $9.8M in reported program spending
  • Leadership: top reported pay $313K · 21 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $4.2M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.