Vashon Alliance To Reduce Substance Abuse - VARSA (EIN 464017368) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

Richard S Rice

Phone

2062713459

Tax Period

2024-01-01 to 2024-12-31

Vashon Alliance To Reduce Substance Abuse - VARSA, founded in 2014, is a small nonprofit in the Education sector that reported $256K in total revenue in fiscal year 2024. Expenses of $240K left a modest 6% surplus.

Mission

To reduce alcohol and drug use among teens

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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 $255,502

Program Service Revenue $0

Investment Income $56

Other Revenue $0

TOTAL REVENUE $255,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,931

Fundraising Expenses $0

Program Expenses $99,569

Other Expenses $76,227

TOTAL EXPENSES $240,158

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,558	$265,975	0.0%
Expenses	$240,158	$259,520	-0.1%
Net Income	$15,400	$6,455	+1.4%

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

N/A

Employees

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
Richard Scott Rice	President	001.00	Officer	$0	$0	$0
Charles Lee Kimzey	Secretary	001.00	Officer	$0	$0	$0
Pascal Py	Treasurer	001.00	Officer	$0	$0	$0
Luke Tedder	Director	001.00	Officer	$0	$0	$0
Dr Slade McSheehy	Director	001.00	Officer	$0	$0	$0
Lillie Corroon	Director	001.00	Officer	$0	$0	$0
Paul Tegenfeldt	Director	001.00	Officer	$0	$0	$0
Jim Marsh	Media	001.00	Officer	$0	$0	$0
Alex Bell	Director	001.00	Officer	$0	$0	$0
Suzan McMann	Student/Family Wellness Specialist	025.00	Key Emp	$0	$0	$0
Lisa Bruce	Executive Director	032.00	Key Emp	$0	$0	$0
Margaret Rubens-Ellis	Student/Family Wellness Specialist	025.00	Key Emp	$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
2024	$255,558	$240,158	$83,582	$15,400
2023	$265,975	$259,520	$75,226	$6,455
2022	$176,254	$199,132	$53,183	$-22,878

Vashon Alliance To Reduce Substance Abuse - VARSA