Alaska Literacy Program Inc is a 501(c)(3) organization based in Anchorage, Alaska, registered in 1975, with $2,157,984 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.2M
▲ 12.9% vs prior year
Education median: $200K
Expenses (FY2023)
$1.4M
Net assets
$2.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Alaska Literacy Program Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alaska Literacy Program Inc: 20 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Alaska Literacy Program Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alaska Literacy Program Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $762K (FY2020) to $2.2M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
34.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$68K
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,157,984▲12.9% | $1,423,434▲17.4% | $2,399,509▲44.1% | $2,467,834▲40.6% | 990 |
| 2022 | $1,910,931▲35.2% | $1,212,845▼0.6% | $1,664,959▲79.9% | $1,755,735▲87.2% | 990 |
| 2021 | $1,413,593▲85.5% | $1,220,305▲72.5% | $925,454▲26.4% | $937,861▲23.8% | 990 |
| 2020 | $761,864 | $707,589 | $732,166 | $757,441 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
12 grants to Alaska Literacy Program Inc totaling $498K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Providence Health & Services Washington | Sponsorship | 2024 | $95,000 |
| Alaska Community Foundation | Operational support | 2024 | $10,000 |
| Providence Health & Services Washington | Sponsorship | 2023 | $95,000 |
| Providence Health & Services Washington | Operational support | 2022 | $95,000 |
| Alaska Community Foundation | Operational support | 2022 | $39,000 |
| Silicon Valley Community Foundation | Education | 2020 | $25,000 |
| Alaska Community Foundation | Operation support to offset costs related to nov | 2018 | $15,000 |
| Providence Health & Services Washington | Community support | 2017 | $27,500 |
| Providence Health & Services Washington | Community support | 2016 | $31,000 |
| Alaska Community Foundation | Alaska literacy program: health literacy leadershi | 2016 | $6,204 |
| Providence Health & Services Washington | Community support | 2015 | $35,000 |
| Providence Health & Services Washington | Health and wellness activities | 2014 | $24,500 |
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Data for Alaska Literacy Program Inc (EIN 23-7451172) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.