ALBANIAN AMERICAN CULTURAL CENTER INC (EIN 112441884) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

ASTRIT ZHARU

Phone

9735239203

Tax Period

2023-01-01 to 2023-12-31

ALBANIAN AMERICAN CULTURAL CENTER INC, founded in 1989, is a small nonprofit in the Religion sector that reported $129K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $206K exceeded revenue, resulting in a 59% operating deficit.

Mission

CULTURAL AND RELIGIOUS EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $319,151

Program Service Revenue $0

Investment Income $51

Other Revenue $-189,945

TOTAL REVENUE $129,257

Expense Breakdown

Grants Paid $5,050

Salaries & Benefits $5,404

Fundraising Expenses $0

Program Expenses $206,047

Other Expenses $195,593

TOTAL EXPENSES $206,047

Year-over-Year Comparison

	2023	2022	Change
Revenue	$129,257	$433,825	-0.7%
Expenses	$206,047	$284,028	-0.3%
Net Income	$-76,790	$149,797	-1.5%

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

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
ASTRIT ZHARU	PRESIDENT	5.00	Officer Director	$0	$0	$0
SINAN ALIMI	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JETON ABDURRMANI	SECRETARY	5.00	Officer Director	$0	$0	$0
VETON TELA	TREASURER	10.00	Officer Director	$0	$0	$0
IKE BAJRAMI	DIRECTOR	0.00	Director	$0	$0	$0
FATON ARIFI	DIRECTOR	0.00	Director	$0	$0	$0
KRENAR CAMILI	DIRECTOR	0.00	Director	$0	$0	$0
MEANI SELA	DIRECTOR	0.00	Director	$0	$0	$0
GONXHE META	DIRECTOR	0.00	Director	$0	$0	$0
MIRJETA DAUTI	DIRECTOR	0.00	Director	$0	$0	$0
FATMIRE MANTE	DIRECTOR	0.00	Director	$0	$0	$0
NAFI SLATINA	DIRECTOR	0.00	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	$129,257	$206,047	$2,910,511	$-76,790
2022	$433,825	$284,028	$2,987,301	$149,797
2021	$384,396	$324,009	$2,841,186	$60,387
2020	$366,933	$407,763	$2,459,861	$-40,830
2019	$620,944	$424,666	$2,494,621	$196,278
2018	$438,050	$299,881	$2,466,885	$138,169

ALBANIAN AMERICAN CULTURAL CENTER INC