NORSKI SOCCER CLUB 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

2019

Legal Domicile

Principal Officer

BRAD ROUDEBUSH

Phone

6084443814

Tax Period

2024-05-01 to 2025-04-30

NORSKI SOCCER CLUB INC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $257K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $244K left a modest 5% surplus.

Mission

THE NORSKI SOCCER CLUB SHALL TEACH GOOD SPORTSMANSHIP, LEADERSHIP, AND TEAMWORK SKILLS; SHALL EDUCATE PARTICIPANTS AND ADULTS IN THE FUNDAMENTALS OF THE GAME OF SOCCER; SHALL PROMOTE THE GAME OF SOCCER THROUGH SPONSORSHIP OF REGULARLY SCHEDULED RECREATIONAL/COMPETETIVE AND SPECIAL SOCCER EVENTS; AND SHALL CONDUCT SUCH OTHER EDUCATIONAL ACTIVITIES AS ARE DEEMED APPROPRIATE FOR THE PROMOTION OF YOUTH SOCCER ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $233,948 Revenue: $322,113

NORSKI SOCCER CLUB FOCUSES ON PLAYER DEVELOPMENT FOR YOUTH SOCCER PLAYERS AGES 3 - 18 OF ALL SKILL LEVELS., WE STRIVE TO OFFER AN ENVIRONMENT FOR OUR YOUTH TO FLOURISH IN DEVELOPING THEIR SOCCER...

NORSKI SOCCER CLUB FOCUSES ON PLAYER DEVELOPMENT FOR YOUTH SOCCER PLAYERS AGES 3 - 18 OF ALL SKILL LEVELS., WE STRIVE TO OFFER AN ENVIRONMENT FOR OUR YOUTH TO FLOURISH IN DEVELOPING THEIR SOCCER SKILLS AS WELL AS THEIR LIFE SKILLS LEARNED THROUGH PARTICIPATION IN TEAM SPORTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $258,874

Investment Income $15

Other Revenue $-1,994

TOTAL REVENUE $256,895

Expense Breakdown

Grants Paid $500

Salaries & Benefits $124,314

Fundraising Expenses $4,577

Program Expenses $233,948

Other Expenses $119,343

TOTAL EXPENSES $244,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,895	$322,113	-0.2%
Expenses	$244,157	$277,800	-0.1%
Net Income	$12,738	$44,313	-0.7%

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
BRAD ROUDEBUSH	PRESIDENT	5.00	Officer Director	$0	$0	$0
SAM ANNEN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
REBEKAH TUITE	SECRETARY	5.00	Officer Director	$0	$0	$0
JEFFREY BUTTS	TREASURER	5.00	Officer Director	$0	$0	$0
JEREMY IWANSKI	EQUIPMENT AND APPAREL MANAGER	5.00	Director	$0	$0	$0
BRAD LOCKMAN	WINDSOR SPORTS COMMONS FIELD COORDINATOR	5.00	Director	$0	$0	$0
SARA KELDAHL	TOURNAMENT DIRECTOR	5.00	Director	$0	$0	$0
CARLA BRUCKNER	VOLUNTEER COORDINATOR	5.00	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	$256,895	$244,157	$158,361	$12,738
2024	$315,645	$275,960	$145,623	$39,685
2023	$279,279	$259,971	$105,938	$19,308
2022	$193,763	$229,817	$86,630	$-36,054
2020	$250,537	$233,633	$151,269	$16,904