The Variis Institute

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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

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.

Program Service Accomplishments

Program 1

Expenses: $10,000

Over the course of the past year and our final year, our nonprofit organization has committed to enhancing the quality of Science, Technology, Engineering, and Mathematics (STEM) education for...

Over the course of the past year and our final year, our nonprofit organization has committed to enhancing the quality of Science, Technology, Engineering, and Mathematics (STEM) education for students. We take pride in listing our significant achievements in line with this objective for this tax year:STEM Curriculum: We provided lesson plans and projects for STEM classrooms.Student Events: We provided technical support assistance, repair parts, and teacher support training for drone education and a student centered drone competition in Georgia, Kentucky, Tennessee, and Florida.

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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 $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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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