CROATIAN CULTURAL CENTER OF CHICAGO

EIN: 237415598 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$631,040
Total Expenses
$585,712
Total Assets
$674,490
Net Assets
$549,114
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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
1974
Legal Domicile
IL
Tax Period
2023-02-01 to 2024-01-31

CROATIAN CULTURAL CENTER OF CHICAGO, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $631K in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $586K left a modest 7% surplus.

Mission

PRESERVE THE CROATIAN HISTORY CULTURE AND HERITAGE FROM GENERATION TO GENERATION BY OFFERING CLASSES TO ALL WHO WISH TO ATTEND

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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 $32,600
Program Service Revenue $598,440
Investment Income $0
Other Revenue $0
TOTAL REVENUE $631,040

Expense Breakdown

Grants Paid $14,722
Salaries & Benefits $57,513
Fundraising Expenses $0
Program Expenses $571,053
Other Expenses $513,477
TOTAL EXPENSES $585,712

Year-over-Year Comparison

2023 2022 Change
Revenue $631,040 $396,898 +0.6%
Expenses $585,712 $384,157 +0.5%
Net Income $45,328 $12,741 +2.6%
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

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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NADA VASILJ DIRECTOR 40.00
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 $631,040 $585,712 $674,490 $45,328
2023 $396,898 $384,157 $515,686 $12,741
2022 $363,756 $359,996 $504,094 $3,760
2021 $127,083 $118,056 $572,967 $9,027
2020 $534,333 $525,182 $571,692 $9,151
2019 $421,291 $433,202 $693,022 $-11,911
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