VV Family Foundation

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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

Vint Varner

Phone

6618097909

Tax Period

2024-01-01 to 2024-12-31

VV Family Foundation, founded in 2014, is a small nonprofit in the Medical Research sector that reported $154K in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 19% operating margin.

Mission

raise funds to support other non-profit organizations that provide support for improving the lives (children and adults) of persons suffering from illness (diabetes, alzheimers, cancer, etc.).

Program Service Accomplishments

Program 1

Expenses: $125,000

One fundraising event was held in 2024, Boots, Gowns, and Nashville Sounds. From this event a donation of $125,000 was made to Bakersfield Memorial Hospital Foundation

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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 $153,825

TOTAL REVENUE $153,825

Expense Breakdown

Grants Paid $125,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,000

Other Expenses $0

TOTAL EXPENSES $125,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$153,825	$77,792	+1.0%
Expenses	$125,000	$101,000	+0.2%
Net Income	$28,825	$-23,208	-2.2%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kristin Varner	President & CEO	1.00	Officer Director	$0	$0	$0
Vint Varner	Sec/Treasurer	1.00	Officer 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
2024	$153,825	$125,000	$36,524	$28,825
2023	$77,792	$101,000	$7,699	$-23,208
2022	$182,907	$152,000	$30,907	$30,907
2019	$86,372	$93,773	$13,185	$-7,401
2018	$80,709	$100,860	$20,586	$-20,151
2017	$150,417	$162,641	$40,737	$-12,224
2016	$110,456	$126,350	$52,961	$-15,894