VOLUNTARY ANTI-DOPING ASSOCIATION

EIN: 453516975 501(c)(3) Mental Health

LAS VEGAS, NV

Total Revenue
$2,301,666
Total Expenses
$2,141,271
Total Assets
$438,539
Net Assets
$391,356
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NV
Principal Officer
DR MARGARET GOODMAN
Phone
7022558785
Tax Period
2025-01-01 to 2025-12-31

VOLUNTARY ANTI-DOPING ASSOCIATION, founded in 2011, is a community nonprofit in the Mental Health sector that reported $2.3M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 7% surplus.

Mission

THE VOLUNTARY ANTI-DOPING ASSOCIATION IS AN INDEPENDENT ORGANIZATION FOUNDED TO OFFER AND PROMOTE EFFECTIVE ANTI-DOPING PROGRAMS IN BOXING AND MIXED MARTIAL ARTS. THROUGH VOLUNTARY PARTICIPATION, VADA AIMS TO HELP PROTECT THE HEALTH AND SAFETY OF ATHLETES WHO ARE WILLING TO DEMONSTRATE THEIR COMMITMENT TO CLEAN SPORT. VADA WILL PROVIDE CONFIDENTIAL COUNSELING AND REFERRAL ASSISTANCE TO ATHLETES AT RISK FOR PERFORMANCE ENHANCING DRUG AND HARMFUL SUPPLEMENT USE. VADA ASPIRES TO EDUCATE PARTICIPANTS, COMMISSIONS AND THE PUBLIC ABOUT THE RISKS OF USING PERFORMANCE ENHANCING DRUGS AS WELL AS THE BENEFITS OF UTILIZING EFFECTIVE NUTRITION AND TRAINING PRACTICES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,294,111
Program Service Revenue $0
Investment Income $7,555
Other Revenue $0
TOTAL REVENUE $2,301,666

Expense Breakdown

Grants Paid $0
Salaries & Benefits $84,000
Fundraising Expenses $8,780
Program Expenses $2,035,788
Other Expenses $2,057,271
TOTAL EXPENSES $2,141,271

Year-over-Year Comparison

2025 2024 Change
Revenue $2,301,666 $2,109,355 +0.1%
Expenses $2,141,271 $2,097,099 +0.0%
Net Income $160,395 $12,256 +12.1%
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

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$84,000
Total Directors
4
$84,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MARGARET GOODMAN PRESIDENT 40.00
Officer Director
$84,000 $0 $84,000
DR EDWIN FLIP HOMANSKY DIRECTOR 2.00
Director
$0 $0 $0
DR ANGELA SILVA SECRETARY 2.00
Director
$0 $0 $0
DEBORAH STOUT TREASURER 2.00
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 $2,301,666 $2,141,271 $438,539 $160,395
2024 $2,109,355 $2,097,099 $267,392 $12,256
2023 $1,379,288 $1,412,508 $224,828 $-33,220
2022 $943,054 $1,105,103 $251,925 $-162,049
2021 $1,020,133 $909,748 $413,974 $110,385
2020 $690,487 $713,083 $303,589 $-22,596
2019 $1,288,807 $1,028,567 $326,185 $260,240
2018 $858,227 $834,640 $65,945 $23,587
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