POLISH CULTURAL FOUNDATION INC

EIN: 221988373 501(c)(3) Arts, Culture & Humanities

CLARK, NJ

Total Revenue
$169,465
Total Expenses
$253,254
Total Assets
$1,315,311
Net Assets
$1,248,203
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
NJ
Principal Officer
MALGORZATA STEPIEN
Phone
7323827917
Tax Period
2024-01-01 to 2024-12-31

POLISH CULTURAL FOUNDATION INC, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $169K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $253K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROVIDE EDUCATIONAL, CULTURAL AND CHARITABLE PROGRAMS FOR SENIOR CITIZENS AND STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $142,789
Program Service Revenue $13,241
Investment Income $13,435
Other Revenue $0
TOTAL REVENUE $169,465

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,970
Fundraising Expenses $0
Program Expenses $56,620
Other Expenses $226,284
TOTAL EXPENSES $253,254

Year-over-Year Comparison

2024 2023 Change
Revenue $169,465 $209,028 -0.2%
Expenses $253,254 $261,149 0.0%
Net Income $-83,789 $-52,121 +0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
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
6
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE WOZNIAK CHAIRMAN OF THE BOARD 5.00
Director
$0 $0 $0
GREGORZ FLORZYK TRUSTEE 0.00
Officer Director
$0 $0 $0
GRAZYNA CISZEWSKA CORPORATE SECRETARY, VP CU 5.00
Officer Director
$0 $0 $0
TOMASZ SZYBOWSKI VP BUSINESS AFFAIRS 5.00
Officer Director
$0 $0 $0
MALGORZATA STEPIEN PRESIDENT 5.00
Officer Director
$0 $0 $0
WOJCEICH TRUSTEE 0.00
Director
$0 $0 $0
PETER PAWELEC TRUSTEE 0.00
Director
$0 $0 $0
EUGENIA T BABIAK MD TRUSTEE 1.00
Director
$0 $0 $0
CZESLAW SZYMANEK TRUSTEE 0.00
Director
$0 $0 $0
BEATA WISNIOWSKA VP SOCIAL & CULTURAL AFFAIRS 0.00
Director
$0 $0 $0
MARGARET WNOROWSKI TREASURER 5.00
Officer
$0 $0 $0
HENRY A SIEMIENOWSKI SR. VICE CHAIRPERSON 5.00
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 $169,465 $253,254 $1,315,311 $-83,789
2018 $482,353 $633,587 $1,793,097 $-151,234
2017 $584,421 $600,353 $1,916,700 $-15,932
2016 $473,040 $561,731 $1,863,146 $-88,691
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