Kroka Expeditions EIN 04-3341632 Form 990 (PDF) Claim this org

Kroka Expeditions

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Teaches wilderness skills and community through organic farming and expeditions. For fiscal year 2024 it reported $3.1M in revenue, $1.9M in expenses, and $3.8M in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Marlow, NH
Website
www.kroka.org
Filings
6 on file (2019–2024)
Revenue
$3.1MFY2024
Expenses
$1.9M
Net assets
$3.8M
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  04-3341632 Public charity (501(c)(3)) Marlow, NH
Form 990 (PDF)
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Figures match the IRS filing checked 8/30/26 · see original: IRS
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Size
$1–10M
What they do
Teaches wilderness skills and community through organic farming and expeditions.
Leadership
Ezra Fradkin · Managing Director · $50K
Money in and out
$3.1M revenue, $1.9M expenses
Bottom line
70% program efficiency
Where the money goes · FY2024
Total revenue
$3.1M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$3.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.2M
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program efficiency
70%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate▲ +128% vs prior filing year
Surplus margin
+38%
revenue over expenses, this year▲ ×112 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.1M
FY2024▲ +68%
Expenses
$1.9M
FY2024▲ +3%
Total assets
$4.6M
FY2024▲ +30%
Total liabilities
$733K
FY2024▼ -18%
Total revenue
$3.1M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$3.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.2M
Total assetsPt X · Ln 16$4.6M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKroka Expeditions
EINHdr · item D04-3341632
Principal addressHdr · item CMarlow, NH
WebsiteHdr · item Jwww.kroka.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C60)
Ruling yearIRS BMFOct 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Managing Director
$49,719Pt VII · Sec A
Executive Director
$41,462Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Ezra Fradkin’s $50K as Managing Director is at the 4th percentile of top reported officer pay among 1845 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2024.
01

Wilderness Program

From june to august, kroka offers a variety of outdoor experiences for students ages 6 to 18. Week-long camp based programs introduce the youngest to outdoor adventure; one to two week long expeditions for older children are centered around a specific activity, such as rock-climbing, canoeing, caving, biking, or wild crafts; two to four…

$653Kprogram expense
02

Semester Programs

We offer two semester programs for high school and gap-year students: ecuador in the fall, and northern new england and canada in the winter. On both, self-sufficient expeditions are the catalyst for students to come to understand the world and themselves and their inter-relationship in new ways, learning the importance of responsibility…

$413Kprogram expense
03

Contract Programs

Primarily school programs. Working closely with our school partners and the land, we create unique wilderness journeys that integrate expedition travel, community service, farming, crafts, and experiential academic discovery. Living and traveling in nature requires commitment and cooperation within the group.

$301Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$1.6M · 50%
Contributions & grants$1.5M · 48%
Investment income$65K · 2%
Program service revenue50%$1.6M
Contributions & grants48%$1.5M
Investment income2%$65K
Other revenue$5K
Total revenueLn 12$3.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.27 Fundraising $0.03
Program services70%$1.4M
Management & general27%$527K
Fundraising3%$55K
Total functional expensesLn 25$1.9M

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$4.6M
Total liabilitiesLn 26$733K
Total net assetsLn 32$3.8M
Months of cash on handcomputed10.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses/yr $1.9M
10.7 months
Where the money goes
Program services
Program services $1.4M · Total expenses $1.9M
70%
Management & General
Management & general $527K · Total expenses $1.9M
27%
Fundraising
Fundraising $55K · Total expenses $1.9M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $42K · Solicited contributions (3-yr avg) $710K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.5M · Total revenue $3.1M
48%
Government reliance
Government grants — · Total revenue $3.1M
Earned-income share
Program service revenue $1.6M · Total revenue $3.1M
50%
Investment reliance
Investment income $65K · Total revenue $3.1M
+2%
Program self-sufficiency
Program service revenue $1.6M · Total expenses $1.9M
81%
Growth & trend
Revenue growth (YoY)
This year $3.1M · Prior year $1.9M
+68%
Revenue CAGR
FY2019 $2.0M · FY2024 $3.1M
+9%
Net-asset trend (YoY)
End of year $3.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.1M · Expenses $1.9M
+38%
Liabilities-to-Assets
Total liabilities — · Total assets $4.6M
Net-asset ratio
Net assets $3.8M · Total assets $4.6M
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ezra Fradkin · Reported title MANAGING DIRECTOR · Highest reported compensation $50K · Total expenses $1.9M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $901K · Total expenses $1.9M
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 27%
Fundraising cost ratio 4%
Revenue growth 68%
Investment management fee ratio 0.02%
Legal fee ratio 0.06%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$182K
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.1M revenue · viewing · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$1.9M revenue · ⤓ 990 PDF
FY2021$2.3M revenue · ⤓ 990 PDF
FY2020$1.7M revenue · ⤓ 990 PDF
FY2019$2.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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