PLATTDUETSCHE VOLKFEST VEREEN VON BROOKLYN UM UMGEGEND (EIN 112562538) - 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

1887

Legal Domicile

Principal Officer

ELKE RUGEN

Phone

5163543131

Tax Period

2024-01-01 to 2024-12-31

PLATTDUETSCHE VOLKFEST VEREEN VON BROOKLYN UM UMGEGEND, founded in 1887, is a small nonprofit in the Arts, Culture & Humanities sector that reported $114K in total revenue in fiscal year 2024. The organization ran a surplus of $28K, a strong 25% operating margin.

Mission

THE MISSION OF THE PVV IS TO PROVIDE A GERMAN COMMUNITY AND CULTURAL CENTER WHICH PROMOTES THE GERMAN LANGUAGE, CUSTOMS, AND LITERATURE THROUGH FESTIVALS, ENTERTAINMENT, AND OTHER FUNDRAISING EVENTS. IN ADDITION, THE ORGANIZATION'S MISSIONS IS TO PROVIDE SUPPORT AND FINANCIAL ASSISTANCE IN SUSTAINING THE PLATTDUETSCHE OLD FOLKS HOME SOCIETY.

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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 $52,061

Program Service Revenue $67,628

Investment Income $3,125

Other Revenue $-8,330

TOTAL REVENUE $114,484

Expense Breakdown

Grants Paid $7,620

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,960

Other Expenses $78,541

TOTAL EXPENSES $86,161

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,484	$111,352	+0.0%
Expenses	$86,161	$200,053	-0.6%
Net Income	$28,323	$-88,701	-1.3%

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

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
ELKE RUGEN	President	2.00	Officer Director	$0	$0	$0
FERDINAND HUBER	Vice President	2.00	Officer Director	$0	$0	$0
PETER PRAMBERGER	2ND VICE PRES.	1.00	Officer Director	$0	$0	$0
BARBARA HUBER	Treasurer	2.00	Officer Director	$0	$0	$0
CAROLANN KILLIAN	FINANCIAL SEC.	2.00	Officer Director	$0	$0	$0
LARRY DITMERS	RECORDING SEC.	2.00	Officer Director	$0	$0	$0
RENATE BUCK	GENERAL SEC.	1.00	Officer Director	$0	$0	$0
DOMENICK ADDOTTA	Trustee	1.00	Director	$0	$0	$0
KAI BAUER	Trustee	1.00	Director	$0	$0	$0
RUDY EBERHARDT	Trustee	1.00	Director	$0	$0	$0
KORD FICK	Trustee	1.00	Director	$0	$0	$0
RENE GASPAR	Trustee	1.00	Director	$0	$0	$0
KENNETH HAMILTON	Trustee	1.00	Director	$0	$0	$0
ANN HARMELING	Trustee	1.00	Director	$0	$0	$0
HANS HENKE	Trustee	1.00	Director	$0	$0	$0
THOMAS HACKER	Trustee	1.00	Director	$0	$0	$0
PETER JUERGEN HOLLE	Trustee	1.00	Director	$0	$0	$0
CHRISTINA KRAKER	Trustee	1.00	Director	$0	$0	$0
HARTMUT KRUEGER	Trustee	1.00	Director	$0	$0	$0
HELMUT KRUGER	Trustee	1.00	Director	$0	$0	$0
KURT KUHL	Trustee	1.00	Director	$0	$0	$0
RICHARD LANGE	Trustee	1.00	Director	$0	$0	$0
GLENN MEYRAN	Trustee	1.00	Director	$0	$0	$0
HELGA MINDERJAHN	Trustee	1.00	Director	$0	$0	$0
HELMUT MUSKULUS	Trustee	1.00	Director	$0	$0	$0
GEORGE MUELLER	Trustee	1.00	Director	$0	$0	$0
JOE NEUBAUER	Trustee	1.00	Director	$0	$0	$0
MICHAEL RABUS	Trustee	1.00	Director	$0	$0	$0
HERMAN REINIUS	Trustee	1.00	Director	$0	$0	$0
UWE RIGGERS	Trustee	1.00	Director	$0	$0	$0
JIM ROCHER	Trustee	1.00	Director	$0	$0	$0
HENRY SCHULZE	Trustee	1.00	Director	$0	$0	$0
GREGORY SCHULZE	Trustee	1.00	Director	$0	$0	$0
HANS SIEWERTSEN	Trustee	1.00	Director	$0	$0	$0
GERI VON THADEN	Trustee	1.00	Director	$0	$0	$0
FRED VASSELMAN	Trustee	1.00	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	$114,484	$86,161	$2,634,072	$28,323
2023	$111,352	$200,053	$2,673,565	$-88,701
2022	$95,294	$115,645	$2,834,464	$-20,351
2021	$-43,988	$19,633	$3,870,431	$-63,621
2020	$191,045	$30,456	$4,085,334	$160,589
2019	$285,346	$280,197	$4,033,964	$5,149
2018	$229,132	$225,175	$3,147,786	$3,957

PLATTDUETSCHE VOLKFEST VEREEN VON BROOKLYN UM UMGEGEND