NATIONAL NORDIC FOUNDATION

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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

1995

Legal Domicile

Principal Officer

LAURA MCCABE

Phone

8022363021

Tax Period

2024-05-01 to 2025-04-30

NATIONAL NORDIC FOUNDATION, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $550K in total revenue in fiscal year 2024. The organization ran a surplus of $91K, a strong 16% operating margin.

Mission

THE NATIONAL NORDIC FOUNDATION'S MISSION IS TO SUPPORT AHTLETIC EXCELLENCE IN DEVELOPING NORDIC ATHELETES IN THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $447,817

THE NATIONAL NORDIC FOUNDATION IS THE LEADING GRASSROOTS NORDIC SPORT DEVELOPMENT ORGANIZATION IN THE COUNTRY. THE FOUNDATION FUNDS "PILLAR PROJECTS", WHICH ARE TRAINING AND COMPETITION TRIPS THE US SKI TEAM AND ELITE DEVELOPMENT COACHES DETERMINE ARE THE KEY DEVELOPMENT STEPS TOWARD WORLD CUP, WORLD CHAMPIONSHIP, AND OLYMPIC SUCCESS. THE FOUNDATION SUBSIDIZES UNFUNDED AND UNDERFUNDED TRAINING CAMPS AND COMPETITION TRIPS ATTENDED BY QUALIFIED ATHLETES THAT ARE IDENTIFIED TO BE THE NEXT GENERATION OF ATHLETES TO REPRESENT THE UNTIED STATES ON THE WORLD STAGE.

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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 $490,179

Program Service Revenue $0

Investment Income $34,553

Other Revenue $25,058

TOTAL REVENUE $549,790

Expense Breakdown

Grants Paid $353,416

Salaries & Benefits $0

Fundraising Expenses $6,448

Program Expenses $447,817

Other Expenses $105,765

TOTAL EXPENSES $459,181

Year-over-Year Comparison

	2024	2023	Change
Revenue	$549,790	$525,462	+0.0%
Expenses	$459,181	$403,714	+0.1%
Net Income	$90,609	$121,748	-0.3%

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

N/A

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
SOPHIE CALDWELL	DIRECTOR	N/A	Director	$0	$0	$0
JOEY CATERINICHIO	DIRECTOR	N/A	Director	$0	$0	$0
ERIKA FLOWERS	SECRETARY	N/A	Officer Director	$0	$0	$0
YURIY GUSEV	DIRECTOR	N/A	Director	$0	$0	$0
GUS KAEDING	TREASURER	N/A	Officer Director	$0	$0	$0
LAURA MCCABE	CHAIRMAN	N/A	Officer Director	$0	$0	$0
THOMAS PEARCE	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
KIKKAN RANDALL	DIRECTOR	N/A	Director	$0	$0	$0
COLIN RODGERS	DIRECTOR	N/A	Director	$0	$0	$0
CRAIG WARD	DIRECTOR	N/A	Director	$0	$0	$0
MATT WHITCOMB	DIRECTOR	N/A	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	$549,790	$459,181	$770,844	$90,609
2024	$525,462	$403,714	$678,809	$121,748
2023	$352,147	$485,113	$556,060	$-132,966
2022	$671,659	$135,840	$689,026	$535,819
2020	$181,688	$250,461	$209,756	$-68,773
2019	$250,671	$185,090	$259,366	$65,581
2018	$172,801	$199,360	$193,040	$-26,559
2017	$287,761	$314,795	$220,646	$-27,034