Hungarian Boy Scout Assoc In Exile Inc

EIN: 221735726 501(c)(3) Youth Development

Morris Plains, NJ

Total Revenue
$1,181,163
Total Expenses
$1,096,041
Total Assets
$3,166,320
Net Assets
$3,161,820
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NJ
Principal Officer
Stephen M Vajtay
Phone
9732080450
Tax Period
2024-06-01 to 2025-05-31

Hungarian Boy Scout Assoc In Exile Inc, founded in 1964, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 7% surplus.

Mission

The education and development of boy and girl scouts of Hungarian descent.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $320,047
Program Service Revenue $756,238
Investment Income $94,305
Other Revenue $10,573
TOTAL REVENUE $1,181,163

Expense Breakdown

Grants Paid $188,756
Salaries & Benefits $76,352
Fundraising Expenses $151,986
Program Expenses $856,108
Other Expenses $830,933
TOTAL EXPENSES $1,096,041

Year-over-Year Comparison

2024 2023 Change
Revenue $1,181,163 $990,482 +0.2%
Expenses $1,096,041 $651,617 +0.7%
Net Income $85,122 $338,865 -0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
35

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
$70,631
Total Directors
6
$70,631
Key Employees
4
$70,631
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen Vajtay President 25.00
Officer Director Key Emp
$0 $0 $0
Peter Jablonkay V. President 12.00
Director
$0 $0 $0
Laszlo Globits Financial Vice President 20.00
Officer Director Key Emp
$0 $0 $0
Irene Dala Chief Scoutmaster 40.00
Director
$0 $0 $0
Irene Dala Chief Scoutmaster 8.00
Officer Director Key Emp
$0 $0 $0
Gabor Szorad General Secretary 40.00
Officer Director Key Emp
$70,631 $0 $70,631
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
2025 $1,181,163 $1,096,041 $3,166,320 $85,122
2024 $990,482 $651,617 $2,985,207 $338,865
2023 $692,991 $445,598 $2,624,075 $247,393
2022 $886,477 $627,679 $2,394,168 $258,798
2021 $343,888 $157,259 $2,247,884 $186,629
2020 $496,037 $379,765 $1,641,660 $116,272
2018 $487,739 $277,394 $1,399,666 $210,345
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Hungarian Boy Scout Assoc In Exile Inc with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.