POLISH HOME ASSOCIATION

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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

1918

Legal Domicile

Principal Officer

LIDIA JASKLOWSKA

Phone

2063223020

Tax Period

2024-01-01 to 2024-12-31

POLISH HOME ASSOCIATION, founded in 1918, is a small nonprofit that reported $589K in total revenue in fiscal year 2024.

Mission

SUPPORT AND HOST SOCIAL AND EDUCATIONAL EVENTS, SPONSOR CONCERTS, DANCES AND CULTURAL EVENTS. SUPPORT CHARITABLE ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $149,702 Revenue: $214,082

PHA SPONSORS SOCIAL AND CULTURAL EVENT AND DANCES FOR THEIR MEMBERS AND PUBLIC.

Program 2

Expenses: $133,987 Revenue: $196,441

PHA HOSTS EVENTS AND PROVIDE TRADITIONAL POLISH ADULT REFRESHMENTS.

Program 3

Expenses: $34,914 Revenue: $61,994

PHA ORGANIZES AN ANNUAL BAZAAR EVENT PROVIDING TRADITIONAL POLISH DELICACIES AND HOME GOODS SUCH AS BOOKS AND HOME DECOR.

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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 $20,751

Program Service Revenue $490,366

Investment Income $0

Other Revenue $77,594

TOTAL REVENUE $588,711

Expense Breakdown

Grants Paid $23,392

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $356,815

Other Expenses $577,043

TOTAL EXPENSES $600,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$588,711	$562,374	+0.0%
Expenses	$600,435	$560,475	+0.1%
Net Income	$-11,724	$1,899	-7.2%

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
LIDIA JASKLOWSKI	PRESIDENT	15.00	Director	$0	$0	$0
ERIK LIDZBARSKI	SR VICEPRESIDENT	10.00	Director	$0	$0	$0
PIOTR URBANSKI	VP FINANCIAL PLANNING	10.00	Director	$0	$0	$0
ROMAN ROGALSKI	TREASURER	15.00	Director	$0	$0	$0
PAULINA DANISZEWSKA	VP OF CULTURE	10.00	Director	$0	$0	$0
HALINA CEWE	VP OF ENTERTAINMENT	10.00	Director	$0	$0	$0
GIGIA DOMANSKI	VP OF REMODELING	10.00	Director	$0	$0	$0
DARIUSZ MOKWA	VP OF INFORMATION TECHNOLOGY	10.00	Director	$0	$0	$0
MAGDALENA WYSOCKA	VP OF COMMUNICATION AND MEMBERSHIP	10.00	Director	$0	$0	$0
BEATA OPRZADEK	RECORDING SECRETARY	10.00	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	$588,711	$600,435	$1,009,659	$-11,724
2023	$562,374	$560,475	$794,213	$1,899
2022	$457,236	$391,310	$807,712	$65,926
2021	$230,090	$275,277	$761,529	$-45,187
2020	$119,304	$162,475	$779,403	$-43,171
2019	$238,398	$245,434	$833,532	$-7,036
2018	$255,834	$273,463	$847,893	$-17,629