Croatian Academy of America Inc

EIN: 136161447 501(c)(3)

Long Island City, NY

Total Revenue
$692
Total Expenses
$30,835
Total Assets
$382,012
Net Assets
$382,012
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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
1956
Legal Domicile
NY
Principal Officer
JOHN P KRALJIC
Phone
7182745598
Tax Period
2023-01-01 to 2023-12-31

Croatian Academy of America Inc, founded in 1956, is a micro nonprofit that reported $692 in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $31K exceeded revenue, resulting in a 4356% operating deficit.

Mission

Publishing Journals of Croatian Studies Educating general public about Croatian History Art Culture and Language

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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 $521
Program Service Revenue $0
Investment Income $171
Other Revenue $0
TOTAL REVENUE $692

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,835
Other Expenses $15,835
TOTAL EXPENSES $30,835

Year-over-Year Comparison

2023 2022 Change
Revenue $692 $100,077 -1.0%
Expenses $30,835 $38,704 -0.2%
Net Income $-30,143 $61,373 -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

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Governance

Voting Members
100
Independent Members
100
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN P KRALJIC President 5.000
Officer
$0 $0 $0
MICHAEL YOUNG VP 5.000
Officer
$0 $0 $0
EMILY ERCEG Treasurer 1.000
Officer
$0 $0 $0
SUZAN GRIMM Committe of Control 1.000
Officer
$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 $692 $30,835 $382,012 $-30,143
2020 $3,084 $34,600 $366,577 $-31,516
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