AMERICAN SOKOL ORGANIZATION-SOKOL … - Form 990 Financial Data

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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

1912

Legal Domicile

Principal Officer

MARY STEINMAN

Phone

8172375181

Tax Period

2024-01-01 to 2024-12-31

AMERICAN SOKOL ORGANIZATION-SOKOL FORT WORTH, founded in 1912, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 290% from the prior year, signaling strong growth momentum. The organization ran a surplus of $781K, a strong 74% operating margin.

Mission

TO PROVIDE FITNESS AND COMMUNITY FOR INDIVIDUALS AND FAMILIES THROUGH PHYSICAL, EDUCATIONAL, CULTURAL AND SOCIAL PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $273,789

PROVIDED HEALTH AND FITNESS PROGRAMS THROUGH THE STUDY AND PRACTICE OF SUPERVISED GYMNASTIC PROGRAMS FOR CHILDREN AND YOUNG ADULTS.

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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 $26,960

Program Service Revenue $278,368

Investment Income $490,640

Other Revenue $265,841

TOTAL REVENUE $1,061,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $273,789

Other Expenses $280,325

TOTAL EXPENSES $280,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,061,809	$272,336	+2.9%
Expenses	$280,325	$191,807	+0.5%
Net Income	$781,484	$80,529	+8.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM MASON	VICE PRESIDE	5.00	Officer	$0	$0	$0
DAVID MILAN	PRESIDENT	5.00	Officer	$0	$0	$0
DAVID MILAN	CHARIMAN	5.00	Officer	$0	$0	$0
JOEY MILAN	VICE PRESIDE	5.00	Officer	$0	$0	$0
TAL MILAN	VICE PRESIDE	5.00	Officer	$0	$0	$0
MARY STEINMAN	TREASURER	20.00	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	$1,061,809	$280,325	$1,003,416	$781,484
2023	$272,336	$191,807	$234,202	$80,529
2022	$170,581	$171,980	$456,205	$-1,399
2021	$201,544	$135,324	$491,355	$66,220
2020	$153,408	$174,994	$244,801	$-21,586
2019	$217,384	$225,892	$168,350	$-8,508
2018	$236,722	$244,252	$174,995	$-7,530

AMERICAN SOKOL ORGANIZATION-SOKOL FORT WORTH