Kraken Volleyball Club

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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

2013

Legal Domicile

Principal Officer

JARED D WALTERS

Phone

4252432719

Tax Period

2019-10-01 to 2020-09-30

Kraken Volleyball Club, founded in 2013, is a small nonprofit that reported $685K in total revenue in fiscal year 2019. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $906K exceeded revenue, resulting in a 32% operating deficit.

Mission

Provided volleyball education, training and competition opportunities for the youth and adults in the Puget Sound area.

Program Service Accomplishments

Program 1

Expenses: $96,142 Revenue: $685,331

Provided volleyball education, training and competition opportunities for the youth and adults of the Puget Sound area. We successfully mentored and guided athletes to reach their goals of playing...

Provided volleyball education, training and competition opportunities for the youth and adults of the Puget Sound area. We successfully mentored and guided athletes to reach their goals of playing college volleyball on athletic scholarships.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $685,331

Investment Income $0

Other Revenue $0

TOTAL REVENUE $685,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $96,142

Other Expenses $906,142

TOTAL EXPENSES $906,142

Year-over-Year Comparison

	2019	2018	Change
Revenue	$685,331	$976,710	-0.3%
Expenses	$906,142	$958,030	-0.1%
Net Income	$-220,811	$18,680	-12.8%

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
JARED D WALTERS	President	N/A	Director	$0	$0	$0
NESA LEMALU	Director	N/A	Director	$0	$0	$0
FAY N LABAN	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
2020	$685,331	$906,142	$184,348	$-220,811
2019	$976,710	$958,030	$343,049	$18,680