THE DANISH ASSOCIATION

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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

2012

Legal Domicile

Principal Officer

SCOTT SWANSON

Phone

7737757383

Tax Period

2024-10-01 to 2025-09-30

Mission

TO SUPPORT THE MISSIONS OF THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME AND THE DANISH HOME FOUNDATION THROUGH STRATEGIC PLANNING AND OTHER SERVICES AND RESOURCES.

Program Service Accomplishments

Program 1

TO SUPPORT THE MISSIONS OF THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME AND THE DANISH HOME FOUNDATION THROUGH STRATEGIC PLANNING AND OTHER SERVICES AND RESOURCES.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

$273,149

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL PEDERSEN	CHAIRMAN	6.00	Officer Director	$0	$0	$0
KIM ERIKSEN	VICE CHAIR	5.00	Officer Director	$0	$0	$0
CHRISTINE HAXAGER	SECRETARY	4.00	Officer Director	$0	$0	$0
NEIL ANDERSEN	DIRECTOR	3.00	Director	$0	$0	$0
KIM RASMUSSEN	DIRECTOR	2.00	Director	$0	$0	$0
BRITTANY PEDERSEN	DIRECTOR	2.00	Director	$0	$0	$0
MIKAEL OLESEN	DIRECTOR	2.00	Director	$0	$0	$0
KAREN NYLEN-SWIDERGAL	DIRECTOR	2.00	Director	$0	$0	$0
STAN HEIDEMANN	DIRECTOR	2.00	Director	$0	$0	$0
DAWN JENSEN	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT SWANSON	PRESIDENT/CEO	1.00	Key Emp	$0	$15,725	$273,149

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	No data	No data	$22,234,683	No data
2024	No data	No data	$20,372,441	No data
2023	No data	No data	$17,671,810	No data
2022	No data	No data	$17,202,190	No data
2021	No data	No data	$18,170,336	No data
2020	No data	No data	$16,132,795	No data
2019	No data	No data	$16,383,796	No data
2018	No data	No data	$16,042,754	No data