POLISH FALCONS OF AMERICA 88 NEST

EIN: 060496799

NEW BRITAIN, CT

Total Revenue
$206,823
Total Expenses
$164,589
Total Assets
$2,257,728
Net Assets
$1,522,924
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
CT
Principal Officer
John V Rogalewski
Phone
8602259036
Tax Period
2025-01-01 to 2025-12-31

POLISH FALCONS OF AMERICA 88 NEST, founded in 1907, is a small nonprofit that reported $207K in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 20% operating margin.

Mission

Whereas "a sound mind in a sound body" is the motto of the Polish Falcons of America, the mission of Nest 88 is to promote and maintain our Polish heritage through social, cultural, educational and physical activities, and to provide benefits to its members, together with our parent organization, the Polish Falcons of America of Pittsburgh, PA, through insurance, endowment and annuity programs.

Program Service Accomplishments

Program 1
Expenses: $105,888

Donations to the CT Breast Health Initiative, Polish Language School, Polish American Congress, General Haller Post #111 and the Nest 88 Scholarship program as well as sister Nests throughout CT and...

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Donations to the CT Breast Health Initiative, Polish Language School, Polish American Congress, General Haller Post #111 and the Nest 88 Scholarship program as well as sister Nests throughout CT and MA.

Program 2
Expenses: $35,296

Promoting and maintaining athletic programs within our organization, as well as the local community. For example, sponsorship in the CT Soccer League, through the Falcons Academic and Athletic...

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Promoting and maintaining athletic programs within our organization, as well as the local community. For example, sponsorship in the CT Soccer League, through the Falcons Academic and Athletic Association, City of New Britain After School Program, PFA District V Bowling Tournament, and the Nest 88 Golf Club, Table Tennis and Running Clubs.

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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 (2025)

Revenue Breakdown

Contributions & Grants $7,470
Program Service Revenue $0
Investment Income $2,491
Other Revenue $196,862
TOTAL REVENUE $206,823

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $96,857
Fundraising Expenses $0
Program Expenses $141,184
Other Expenses $45,045
TOTAL EXPENSES $164,589

Year-over-Year Comparison

2025 2024 Change
Revenue $206,823 $150,937 +0.4%
Expenses $164,589 $154,137 +0.1%
Net Income $42,234 $-3,200 -14.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
3
Volunteers
40

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
5
$12,800
Total Directors
5
$0
Key Employees
1
$28,214
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anna Kozakiewicz Permittee 30
Key Emp
$28,214 $0 $28,214
John V Rogalewski Treasurer 6
Officer
$3,800 $0 $3,800
Stanley Rembisz President 4
Officer
$3,300 $0 $3,300
Tadeusz Wojton Vice President 5
Officer
$2,700 $0 $2,700
Janina Buczek Financial Secretary 6
Officer
$2,000 $0 $2,000
Zofia Galaszewski Recording Secretary 3
Officer
$1,000 $0 $1,000
George Iskra Director 4
Director
$0 $0 $0
Zbigniew Bogacki Director 4
Director
$0 $0 $0
Adam Buczek Director 4
Director
$0 $0 $0
Roman Pomykala Director 4
Director
$0 $0 $0
Richard Sadanowicz Director 4
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 $206,823 $164,589 $2,257,728 $42,234
2024 $150,937 $154,137 $2,279,006 $-3,200
2023 $167,818 $146,294 $2,396,155 $21,524
2022 $111,479 $133,334 $2,448,032 $-21,855
2021 $52,838 $103,903 $2,503,353 $-51,065
2020 $63,985 $106,758 $2,555,786 $-42,773
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