VASA INC

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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

1997

Legal Domicile

Principal Officer

TIFFANY KOUROFSKY

Phone

8655569414

Tax Period

2024-01-01 to 2024-12-31

VASA INC, founded in 1997, is a small nonprofit in the Recreation & Sports sector that reported $442K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $387K left a modest 12% surplus.

Mission

SOCCER TRAINING FOR CHILDREN IN BLOUNT AND SURROUNDING COUNTIES

Program Service Accomplishments

Program 1

Expenses: $370,274 Revenue: $422,123

EXCELLENCE IN SOCCER TRAINING AND DEVELOPMENT FOR YOUNG PEOPLE INCLUDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP AND COMMUNITY SPIRIT

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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 $8,637

Program Service Revenue $422,123

Investment Income $1,995

Other Revenue $9,463

TOTAL REVENUE $442,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $370,392

Other Expenses $387,419

TOTAL EXPENSES $387,419

Year-over-Year Comparison

	2024	2023	Change
Revenue	$442,218	$275,930	+0.6%
Expenses	$387,419	$214,906	+0.8%
Net Income	$54,799	$61,024	-0.1%

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
PAIGE KROM	PRESIDENT	N/A	Officer Director	$0	$0	$0
AMY BARTLETT	VICE PRESIDE	N/A	Director	$0	$0	$0
ALLIE FOX	SECRETARY	N/A	Director	$0	$0	$0
TIFFANY KOUROFSKY	TREASURER	N/A	Director	$0	$0	$0
TJ MCCALLUM	DIRECTOR	N/A	Officer Director	$0	$0	$0
BRI MCDANIEL	DIRECTOR	N/A	Officer Director	$0	$0	$0
ANNA LAND	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$442,218	$387,419	$251,874	$54,799
2023	$275,930	$214,906	$203,939	$61,024
2022	$237,268	$245,164	$150,351	$-7,896
2021	$202,425	$187,289	$130,220	$15,136
2019	$201,444	$137,981	$152,918	$63,463