WASSAMASAW TRIBE OF VARNERTOWN IND… - Form 990 Financial Data

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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

2001

Legal Domicile

Principal Officer

LISA COLLINS

Phone

8435531993

Tax Period

2024-08-01 to 2025-07-31

WASSAMASAW TRIBE OF VARNERTOWN INDIANS, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $541K in total revenue in fiscal year 2024. Revenue surged 649% from the prior year, signaling strong growth momentum. The organization ran a surplus of $424K, a strong 78% operating margin.

Mission

ECONOMIC ENHANCEMENT OF VANERTOWN COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $8,114 Revenue: $5,239

CULTURAL CLASSES PROGRAM - THE CULTURAL CLASSES PROGRAM PROVIDES FREE, PUBLIC, HANDS-ON EDUCATIONAL CLASSES FOCUSED ON INDIGENOUS CULTURAL TRADITIONS, INCLUDING BASKET MAKING, BEADWORK...

CULTURAL CLASSES PROGRAM - THE CULTURAL CLASSES PROGRAM PROVIDES FREE, PUBLIC, HANDS-ON EDUCATIONAL CLASSES FOCUSED ON INDIGENOUS CULTURAL TRADITIONS, INCLUDING BASKET MAKING, BEADWORK, DREAMCATCHERS, POTTERY, GOURD PAINTING, REGALIA MAKING, HAND DRUM PAINTING, TRADITIONAL DANCE, AND DRUMMING. CLASSES ARE LED BY NATIVE CULTURE BEARERS AND ARE DESIGNED TO PRESERVE TRIBAL KNOWLEDGE, PROMOTE CULTURAL UNDERSTANDING, AND PROVIDE COMMUNITY ACCESS TO INDIGENOUS ARTS AND TRADITIONS.

Program 2

Expenses: $74,564 Revenue: $5,239

COMMUNITY FARM & GARDEN (FOOD SOVEREIGNTY PROGRAM) - THE COMMUNITY FARM & GARDEN PROGRAM SUPPORTS FOOD SOVEREIGNTY, NUTRITION ACCESS, AND AGRICULTURAL EDUCATION THROUGH THE OPERATION OF A TRIBALLY...

COMMUNITY FARM & GARDEN (FOOD SOVEREIGNTY PROGRAM) - THE COMMUNITY FARM & GARDEN PROGRAM SUPPORTS FOOD SOVEREIGNTY, NUTRITION ACCESS, AND AGRICULTURAL EDUCATION THROUGH THE OPERATION OF A TRIBALLY MANAGED FARM AND GARDEN. ACTIVITIES INCLUDE YOUTH GARDENING, RAISED BED CULTIVATION, SEASONAL PLANTING, LIVESTOCK CARE, AND DISTRIBUTION OF FRESH PRODUCE TO TRIBAL MEMBERS AND COMMUNITY PARTNERS. THE PROGRAM EMPHASIZES TRADITIONAL ECOLOGICAL KNOWLEDGE, INTERGENERATIONAL LEARNING, AND COMMUNITY ENGAGEMENT IN LOCAL FOOD SYSTEMS.

Program 3

Expenses: $13,884 Revenue: $5,238

ANNUAL POWWOW & NATIVE AMERICAN EDUCATION DAY - THE ANNUAL POWWOW AND NATIVE AMERICAN EDUCATION DAY ARE PUBLIC CULTURAL EVENTS THAT PROMOTE INDIGENOUS HISTORY, LIVING TRADITIONS, AND CULTURAL...

ANNUAL POWWOW & NATIVE AMERICAN EDUCATION DAY - THE ANNUAL POWWOW AND NATIVE AMERICAN EDUCATION DAY ARE PUBLIC CULTURAL EVENTS THAT PROMOTE INDIGENOUS HISTORY, LIVING TRADITIONS, AND CULTURAL EXCHANGE. EDUCATION DAY PROVIDES STUDENTS AND VISITORS WITH HANDS-ON DEMONSTRATIONS, PERFORMANCES, AND INTERPRETIVE LEARNING EXPERIENCES, WHILE THE POWWOW FEATURES TRADITIONAL DANCE COMPETITIONS, DRUMMING, CULTURAL VENDORS, AND DEMONSTRATIONS. THESE EVENTS SERVE AS MAJOR CULTURAL TOURISM AND EDUCATIONAL OUTREACH ACTIVITIES FOR THE TRIBE.

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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 $512,162

Program Service Revenue $20,954

Investment Income $6

Other Revenue $7,957

TOTAL REVENUE $541,079

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,190

Other Expenses $117,310

TOTAL EXPENSES $117,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$541,079	$72,214	+6.5%
Expenses	$117,310	$41,686	+1.8%
Net Income	$423,769	$30,528	+12.9%

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
GENEVA BURBAGE	TRIBAL COUCI	2.00	Director	$0	$0	$0
DARREN CLARK	TRIBAL COUNC	2.00	Director	$0	$0	$0
LISA COLLINS	CHIEF	15.00	Officer Director	$0	$0	$0
SARIAH HOLMES	TRIBAL COUNC	5.00	Director	$0	$0	$0
TAMMY LEACH	CULTURAL PRE	2.00	Officer Director	$0	$0	$0
JANIE LEACH-SHUMAK	TRIBAL COUNC	20.00	Director	$0	$0	$0
JOSHUA SHUMAK	VICE CHIEF	15.00	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
2025	$541,079	$117,310	$490,767	$423,769

WASSAMASAW TRIBE OF VARNERTOWN INDIANS