Southcentral Foundation
Nonprofit profile at a glance
- EIN
- 920086076
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Anchorage, AK, USA
- Phone
- 9077294955
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Group Health Practice (Health Maintenance Organizations)
Reported finances
- Revenue
- $807,196,195
- Expenses
- $556,383,141
- Assets
- $1,670,279,408
- Liabilities
- $164,667,515
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- April Kyle (President CEO)
Highest reported compensation
- April Kyle (President CEO): $843,695 total reported compensation
- Douglas Eby (VP, Medical Svc): $765,768 total reported compensation
- Sarah Satow (Oral Surgeon): $704,126 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Southcentral Foundation (SCF) was incorporated as a nonprofit organization under Alaska state law in 1982. SCF's objective is to improve the health, educational, cultural, social and economic conditions of Alaska Natives by providing health services primarily in the Anchorage and Matanuska-Susitna valley, along with other areas of Alaska. The Indian health service provides funding to SCF to cover the costs of health services provided to eligible beneficiaries at the Alaska Native Medical Center. In addition, SCF administers other federal and state funded programs.
What it reported doing in 2024
Other program funds to improve health, educational, social, cultural, and economic conditions of Alaska Native People.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 82
- Accountability: 42
- Sustainability: 85
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.4%; rating input score 71
- Program expense ratio: 99.5%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.2%; rating input score 88; 2nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.3%; rating input score 99; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 0%; rating input score 0; 4th 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: 31.1%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 3; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 7.2% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 8.4% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 71.4% of revenue deployed · 99.5% of spending went to programs
- Governance: 0 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $553.8M in reported program spending
- Leadership: top reported pay $844K · 16 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $26.9M reported
- Consistency: 36 of 39 current checks pass · 3 findings to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 24 filed money-flow records
- Related organizations: 14 filed related-organization links
- 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.