SONS OF NORWAY

EIN: 916037058

Poulsbo, WA

Total Revenue
$363,250
Total Expenses
$384,242
Total Assets
$235,990
Net Assets
$214,735
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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
1940
Legal Domicile
WA
Principal Officer
Paul Anunson
Phone
3607795209
Tax Period
2023-01-01 to 2023-12-31

SONS OF NORWAY, founded in 1940, is a small nonprofit that reported $363K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Providing social and cultural activities as well as insurance for its members.

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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 $24,340
Program Service Revenue $124,627
Investment Income $1,142
Other Revenue $213,141
TOTAL REVENUE $363,250

Expense Breakdown

Grants Paid $7,152
Salaries & Benefits $136,746
Fundraising Expenses $0
Program Expenses $0
Other Expenses $240,344
TOTAL EXPENSES $384,242

Year-over-Year Comparison

2023 2022 Change
Revenue $363,250 $326,944 +0.1%
Expenses $384,242 $304,930 +0.3%
Net Income $-20,992 $22,014 -2.0%
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
26
Independent Members
26
Employees
14
Volunteers
500

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
0
$0
Total Directors
26
$0
Key Employees
1
$53,399
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kolleen Kelly Bar Manager 20
Key Emp
$53,399 $0 $53,399
Tim Larson Trustee 2
Director
$0 $0 $0
Paul Anunson President 4
Director
$0 $0 $0
Helen Wytko Assistant Secretary 2
Director
$0 $0 $0
Curtis Vincent Vice President 5
Director
$0 $0 $0
Mary Gerstel Membership Secretary 2
Director
$0 $0 $0
Tony SmallBeck Counselor 2
Director
$0 $0 $0
Karen Zabinskey Marshall 2
Director
$0 $0 $0
Amy Swenson Auditor 2
Director
$0 $0 $0
Andrew Belschner Cultural Director 3
Director
$0 $0 $0
Jason Scott Publicity Director 2
Director
$0 $0 $0
Ashley Singer Social Director 2
Director
$0 $0 $0
Ruby Patterson Sports Director 2
Director
$0 $0 $0
Alicia Anunson Youth Director 2
Director
$0 $0 $0
Joanne Graves Foundation Director 3
Director
$0 $0 $0
Kathy Haug Musician 2
Director
$0 $0 $0
Jamie Cizek Secretary 2
Director
$0 $0 $0
May Matheison Greeter 2
Director
$0 $0 $0
Keri Kankovsky Greeter 2
Director
$0 $0 $0
Michelle Meng Trolls Den Advisory Chair 2
Director
$0 $0 $0
Jason Scott Webmaster 2
Director
$0 $0 $0
Ingrid Simms Treasurer 5
Director
$0 $0 $0
Lorena Maxwell Historian 2
Director
$0 $0 $0
Rob Kodalen Trustee 3
Director
$0 $0 $0
Laura McDonough Auditor 3
Director
$0 $0 $0
Susan Omeara Editor 2
Director
$0 $0 $0
Robyn Collins Marshall 2
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 $363,250 $384,242 $235,990 $-20,992
2022 $326,944 $304,930 $257,865 $22,014
2021 $293,141 $238,460 $233,107 $54,681
2020 $271,530 $243,997 $194,473 $27,533
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