SONS OF NORWAY

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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

1970

Legal Domicile

Principal Officer

Teri Fellon

Phone

4062736059

Tax Period

2025-01-01 to 2025-12-31

SONS OF NORWAY, founded in 1970, is a small nonprofit that reported $157K in total revenue in fiscal year 2025. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

To support local non-profits working with the community. Give scholarships to college students and to members wanting to study the culture of Norway.

Program Service Accomplishments

Program 1

Expenses: $2,000 Revenue: $0

Scholarships awarded to students in college

Program 2

Expenses: $1,968 Revenue: $1,968

Donation to Missoula Food Bank

Program 3

Expenses: $3,600 Revenue: $0

Capital expenses for food trailer to work at the county fair.

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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 $4,089

Program Service Revenue $0

Investment Income $6,909

Other Revenue $146,426

TOTAL REVENUE $157,424

Expense Breakdown

Grants Paid $57,630

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,568

Other Expenses $104,712

TOTAL EXPENSES $162,342

Year-over-Year Comparison

	2025	2024	Change
Revenue	$157,424	$119,392	+0.3%
Expenses	$162,342	$58,686	+1.8%
Net Income	$-4,918	$60,706	-1.1%

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

245

Independent Members

N/A

Employees

N/A

Volunteers

253

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
N/A	Treasurer	5.00	Officer Director	$0	$0	$0
N/A	President	2.00	Officer Director	$0	$0	$0
N/A	Secretary	1.00	Officer Director	$0	$0	$0
N/A	Membership chairman	1.00	Officer 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	$157,424	$162,342	$177,016	$-4,918