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Alaska · Nonprofit

Set Free Alaska Inc

Set Free Alaska Inc (Alaska) receives grants from 9 organizations whose IRS filings report $4,678,783 to it, the largest being VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION ($2,369,621). 6 of them have funded it in more than one year.

Revenue FY2025
$16M
Funders on record
9
Grants received
$4.7M
Net assets
$20M
6/9 repeat funderspeak grant-dependency 15%
01What it does

What Set Free Alaska Inc does

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.

As stated on its FY2025 Form 990.

Programs

  1. Counseling and Treatment: Provides prevention and treatment services to patients for substance abuse and other related addictions and/or destructive behaviors.

    $9,503,829 spent$10,746,260 earned by the program
    97% of program spending
  2. 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.

    $274,496 spent$142,413 earned by the program
    3% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $9,778,325.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.2M) Expenses 100 ($1.9M) Net assets 100 ($1.4M)2018 Revenue 126 ($4.0M) Expenses 143 ($2.7M) Net assets 190 ($2.7M)2019 Revenue 136 ($4.4M) Expenses 182 ($3.5M) Net assets 252 ($3.6M)2020 Revenue 312 ($10M) Expenses 313 ($6.0M) Net assets 569 ($8.0M)2021 Revenue 267 ($8.6M) Expenses 398 ($7.6M) Net assets 635 ($9.0M)2022 Revenue 359 ($11M) Expenses 478 ($9.2M) Net assets 801 ($11M)2023 Revenue 308 ($9.9M) Expenses 493 ($9.5M) Net assets 839 ($12M)2024 Revenue 438 ($14M) Expenses 535 ($10M) Net assets 1106 ($16M)2025 Revenue 513 ($16M) Expenses 636 ($12M) Net assets 1409 ($20M)
'17'18'19'20'21'22'23'24'25
Revenue (513)Expenses (636)Net assets (1409)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $13M to $19M (+44%).

$1.6M
$2.8M
$4.6M
$9.1M
$10M
$13M
$13M
$19M
$21M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 28% · 2018 13% · 2019 25% · 2020 30% · 2021 18% · 2022 16% · 2023 10% · 2024 29% · 2025 25%. Grants only. Government contracts and fees sit inside program revenue.

33% of Set Free Alaska Inc’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).

This organization
Typical peer · 4,745 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.3M
’17
$1.3M
’18
$873k
’19
$4.0M
’20
$936k
’21
$2.3M
’22
$434k
’23
$3.8M
’24
$4.3M
’25
3.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Philip Licht

CEO

Board chair

Jeremy Creech

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131215131215141421
Joined·+1+3+2+2+3+0+1+9
No longer listed·20430112
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $441k → $112k.

2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Set Free Alaska Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Set Free Alaska Inc leans on a few funders — its largest provides 51% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Set Free Alaska Inc.

51%
largest funder
92%
top three
~3
effective funders

Largest funder’s share by year: 2017 99% · 2018 89% · 2019 85% · 2020 61% · 2021 78% · 2022 69% · 2023 58% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

80% of Set Free Alaska Inc's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

85% of Set Free Alaska Inc's grant income comes from Alaska funders.

AK
WA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Alaska out of state home

Funder states come from each funder’s own filing. $105k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Set Free Alaska Inc runs a healthier operating margin than three-quarters of the 2,969 health nonprofits its size.

Operating margin26% · top quartile
Months of reserve3.7mo · above the median
Revenue growth (annualized)23% · top quartile

this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025

Government funding Set Free Alaska Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.8M on record.

Federal$5.8M
grants $5.8Mcontracts $0
23
24
Top agencies
  • Department of Housing and Urban Development$5.0M
  • Department of Justice$833k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Set Free Alaska Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alaska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 19%Fundraising 1%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Set Free Alaska Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Set Free Alaska Inc?
Set Free Alaska Inc (Alaska) receives grants from 9 organizations whose IRS filings report $4,678,783 to it, the largest being VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION ($2,369,621). 6 of them have funded it in more than one year.
How many funders does Set Free Alaska Inc have?
IRS filings report 9 organizations giving $4,678,783 in grants to Set Free Alaska Inc, 6 of which have funded it in more than one year.
Who is the largest funder of Set Free Alaska Inc?
VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION is the largest funder on record, with $2,369,621 in grants. The full list of funders is on this page.
How can an organization like Set Free Alaska Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Set Free Alaska →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing