VASA ORDER OF AMERICA NATIONAL ARCHIVES INC

EIN: 521244411 501(c)(3) Arts, Culture & Humanities

BISHOP HILL, IL

Total Revenue
$235,568
Total Expenses
$114,305
Total Assets
$1,149,661
Net Assets
$1,143,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
IL
Principal Officer
KEVIN DEFEO
Phone
3099273898
Tax Period
2023-01-01 to 2023-12-31

VASA ORDER OF AMERICA NATIONAL ARCHIVES INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $236K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 51% operating margin.

Mission

THE PURPOSE OF THE ARCHIVES THE PURPOSE, AS DESCRIBED IN THE INCORPORATION DOCUMENT, IS FOR "EDUCATIONAL, HISTORICAL AND RESEARCH TO PRESERVE AND DISPLAY AND MAKE AVAILABLE RECORDS, DOCUMENTS, WORKS OF ART, SCIENCE, INVENTIONS AND MANUFACTURE BY PERSONS OF SWEDISH ANCESTRY AND TO PROMOTE PUBLIC KNOWLEDGE OF AN INTEREST IN THE HISTORY OF PERSONS OF SCANDINAVIAN AND PARTICULARLY SWEDISH ANCESTRY." THE MAIN PURPOSE IS TO PRESERVE THE RECORDS OF THE VASA ORDER OF AMERICA AND ITS MEMBERS. WE HAVE SET UP A FAMILY REGISTER WHERE ALL VASA MEMBERS AND THEIR FAMILIES WILL BE CHRONICLED. THE REGISTER IS AN IMPORTANT PHASE OF OUR ARCHIVAL ACTIVITIES BY ASSISTING RESEARCHERS FIND THEIR ANCESTORS. WE AIM AT MAKING THE CONTENTS OF THE BUILDING INTERESTING TO ALL VISITORS. THEREFORE WE HAVE ACCEPTED A NUMBER OF ARTIFACTS WHICH RELATE TO SWEDISH AND SCANDINAVIAN IMMIGRANT HISTORY. THESE ITEMS PROVIDE VISUAL AND PHYSICAL CONNECTIONS TO PAST GENERATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $233,846
Program Service Revenue $0
Investment Income $0
Other Revenue $1,722
TOTAL REVENUE $235,568

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,199
Fundraising Expenses $7,367
Program Expenses $89,348
Other Expenses $59,106
TOTAL EXPENSES $114,305

Year-over-Year Comparison

2023 2022 Change
Revenue $235,568 $162,443 +0.5%
Expenses $114,305 $121,221 -0.1%
Net Income $121,263 $41,222 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
11

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
5
$48,481
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERYN CUFF ARCHIVIST 40.00
Officer
$48,481 $0 $48,481
SHEILA LUNDQUIST PRESIDENT 5.00
Officer Director
$0 $0 $0
BRUCE ELFVIN VICE PRESIDE 5.00
Officer Director
$0 $0 $0
KEVIN DEFEO TREASURER 10.00
Officer Director
$0 $0 $0
KAREN SNOWBERG SECRETARY 5.00
Officer Director
$0 $0 $0
ART BJORKNER DIRECTOR 5.00
Director
$0 $0 $0
CHARLOTTE BORJESSON DIRECTOR 5.00
Director
$0 $0 $0
TOM CLEVELAND DIRECTOR 5.00
Director
$0 $0 $0
JOHN HANRIGHT DIRECTOR 5.00
Director
$0 $0 $0
ANTONIO SPARGO DIRECTOR 5.00
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 No data No data No data No data
2023 $235,568 $114,305 $1,149,661 $121,263
2022 $162,443 $121,221 $902,137 $41,222
2021 $210,773 $98,046 $1,032,088 $112,727
2020 $118,476 $101,827 $851,022 $16,649
2019 $133,871 $114,043 $748,644 $19,828
2018 $80,400 $101,840 $618,611 $-21,440
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