AREA SUBSTANCE & ALCOHOL ABUSE PREVENTION COALITION

EIN: 470698809 501(c)(3) Diseases & Disorders

Hastings, NE

Total Revenue
$111,507
Total Expenses
$201,944
Total Assets
$154,924
Net Assets
$152,637
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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
1982
Legal Domicile
NE
Principal Officer
WILL VRASPIR
Tax Period
2024-07-01 to 2025-06-30

AREA SUBSTANCE & ALCOHOL ABUSE PREVENTION COALITION, founded in 1982, is a small nonprofit in the Diseases & Disorders sector that reported $112K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $202K exceeded revenue, resulting in a 81% operating deficit.

Mission

WE PROVIDE EDUCATIONAL MATERIAL AND CLASSES ON DRUG AND ALCOHOL DEPENDENCY AND TREATMENT

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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 (2024)

Revenue Breakdown

Contributions & Grants $107,928
Program Service Revenue $1,759
Investment Income $1,820
Other Revenue $0
TOTAL REVENUE $111,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,946
Fundraising Expenses $0
Program Expenses $153,025
Other Expenses $109,998
TOTAL EXPENSES $201,944

Year-over-Year Comparison

2024 2023 Change
Revenue $111,507 $224,165 -0.5%
Expenses $201,944 $217,596 -0.1%
Net Income $-90,437 $6,569 -14.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
4
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILL VRASPIR PRESIDENT 001.00
Officer Director
$0 $0 $0
AMY CASE SECRETARY / TREASURER 000.25
Officer Director
$0 $0 $0
JON ROSTVET DIRECTOR 000.25
Director
$0 $0 $0
TIM REAMS DIRECTOR 000.25
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 $111,507 $201,944 $154,924 $-90,437
2024 No data No data No data No data
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