Aarsand Family Foundation Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Kurt Aarsand

Phone

4107711880

Tax Period

2025-01-01 to 2025-12-31

Aarsand Family Foundation Inc, founded in 2004, is a micro nonprofit in the Education sector that reported $1K in total revenue in fiscal year 2025. Expenses of $73K exceeded revenue, resulting in a 7232% operating deficit.

Mission

To make distributions to Sec 501(c)(3)organizations who support underprivleged children and teens by providing educational support

Program Service Accomplishments

Program 1

Expenses: $71,550 Revenue: $0

miscellanous donations and variuous Steps2Success fundraisers done in Taco Bell and Kentucky Fried Chicken restaurants in MD, DE, PA and West Virginia owned by the Aarsand Holdings, LLC and Fiestas...

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,000

Expense Breakdown

Grants Paid $3,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,550

Other Expenses $69,819

TOTAL EXPENSES $73,319

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,000	N/A	N/A
Expenses	$73,319	$62,445	+0.2%
Net Income	$-72,319	$-62,445	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kurt AArsand	President	2.00	Officer Director	$0	$0	$0
Jeff Bedford	Treasurer	2.00	Officer Director	$0	$0	$0
Krista Bedford	Vice President	2.00	Officer Director	$0	$0	$0
Torben Aarsand	Executive Director	40.00	Director	$0	$0	$0
Scott Maxwell	Board Member	2.00	Director	$0	$0	$0
Katherine Laws	Board Member	2.00	Director	$0	$0	$0
John Dawn Maxwell and daugthers Jes	Found. Mgr.	1.00	Director	$0	$0	$0
Patricia Ryan and son Jim	Found. Mgr.	1.00	Director	$0	$0	$0
Kasey Steel and Hailey Bedford	Found. Mgr.	1.00	Director	$0	$0	$0
Jeanne Rose Aarsand	Found. Mgr.	1.00	Director	$0	$0	$0
Elaine Aarsand	Found. Mgr.	1.00	Director	$0	$0	$0
Kay Aarsand	Director	1.00	Director	$0	$0	$0
Katie Allen	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,000	$73,319	$103,152	$-72,319
2024	No data	$62,445	$175,471	No data
2023	No data	$33,543	$237,981	No data
2022	$190,958	$95,384	$271,459	$95,574
2021	$174,477	$177,965	$175,884	$-3,488
2020	$113,741	$138,227	$179,372	$-24,486
2019	$195,512	$122,376	$203,858	$73,136
2018	$132,310	$158,250	$126,543	$-25,940