The Variis Institute

EIN: 833556327 501(c)(3)

Ypsilanti, MI

Total Revenue
$10,000
Total Expenses
$10,000
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
MI
Phone
7345895425
Tax Period
2024-01-01 to 2024-12-31

The Variis Institute, founded in 2019, is a micro nonprofit that reported $10K in total revenue in fiscal year 2024.

Mission

The Variis Institute(501c(3)) works to empower todays youth with the skills of tomorrow by providing integrated, project-based STEM (science, technology, engineering, and mathematics) and exploratory learning experiences in an engaging environment.

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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 $0
Program Service Revenue $10,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,000
Other Expenses $10,000
TOTAL EXPENSES $10,000

Year-over-Year Comparison

2024 2023 Change
Revenue $10,000 N/A N/A
Expenses $10,000 N/A N/A
Net Income $0 N/A N/A
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
2
Independent Members
2
Employees
N/A
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frank Norton Chief Executive Officer 40.00
Officer
$0 $0 $0
Andrea Pisani President 40.00
Officer
$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 $10,000 $10,000 No data No data
2023 $32,766 $51,811 $15,320 $-19,045
2022 $168,424 $159,258 $36,731 $9,166
2021 $126,844 $180,545 $21,401 $-53,701
2020 $172,441 $130,003 $75,683 $42,438
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