ESTONIAN EDUCATIONAL SOCIETY INC (EIN 135570706) - 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

1938

Legal Domicile

Principal Officer

CARL SKONBERG

Phone

2126840336

Tax Period

2023-01-01 to 2023-12-31

ESTONIAN EDUCATIONAL SOCIETY INC, founded in 1938, is a small nonprofit in the Arts, Culture & Humanities sector that reported $483K in total revenue in fiscal year 2023. Revenue surged 158% from the prior year, signaling strong growth momentum. Expenses of $444K left a modest 8% surplus.

Mission

THE NEW YORK ESTONIAN HOUSE IS A VOLUNTEER ORGANIZATION WHOSE GOAL IS TO FURTHER THE ESTONIAN CULTURE IN NEW YORK, AND TO BE A MEETING PLACE FOR ESTONIANS FROM AROUND THE WORLD.

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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 $41,329

Program Service Revenue $0

Investment Income $365,987

Other Revenue $76,128

TOTAL REVENUE $483,444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,879

Fundraising Expenses $0

Program Expenses $420,799

Other Expenses $284,745

TOTAL EXPENSES $443,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$483,444	$187,250	+1.6%
Expenses	$443,624	$455,340	0.0%
Net Income	$39,820	$-268,090	-1.1%

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
TOOMAS M SORRA	ASST SECRETARY	5.00	Officer Director	$0	$0	$0
AVE KAEGI	ass treasurer	2.00	Officer Director	$0	$0	$0
KAAREL LAEV	Treasurer	15.00	Officer Director	$0	$0	$0
MARTIN VAHTRA	COUNSELOR	2.00	Director	$0	$0	$0
CARL SKONBERG	President	15.00	Officer Director	$0	$0	$0
TIINA JARVER	Secretary	2.00	Officer Director	$0	$0	$0
ARVO ANTON	COUNSELOR	1.00	Director	$0	$0	$0
LIISI FLETCHER	Vice President	5.00	Officer Director	$0	$0	$0
ARGO PAUMERE	COUNSELOR	2.00	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	$483,444	$443,624	$6,034,572	$39,820
2022	$187,250	$455,340	$5,789,353	$-268,090
2021	$422,006	$404,828	$6,845,299	$17,178
2020	$175,185	$354,544	$6,509,244	$-179,359
2019	$534,755	$335,290	$6,347,580	$199,465
2018	$683,328	$309,495	$5,492,868	$373,833

ESTONIAN EDUCATIONAL SOCIETY INC