SLOVAK CLUB OF PARKS TOWNSHIP

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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

1954

Legal Domicile

Principal Officer

CHRISTOPHER A LASCEK

Phone

7245683005

Tax Period

2024-01-01 to 2024-12-31

SLOVAK CLUB OF PARKS TOWNSHIP, founded in 1954, is a small nonprofit that reported $195K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $187K left a modest 4% surplus.

Mission

THE SLOVAK CLUB OF PARKS TOWNSHIP WAS FORMED TO PROVIDE SERVICES TO THE GENERAL PUBLIC AND TO ENHANCE THE LONGEVITY OF THE SLOVAK CULTURE AND NATIONALITY.

Program Service Accomplishments

Program 1

Expenses: $4,516

PARKS TWP COMMUNITY SUPPORT

Program 2

Expenses: $6,775

FIRE DEPARTMENT SUPPORT

Program 3

Expenses: $8,805

OTHER COMMUNITY SUPPORT

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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 $2,757

Program Service Revenue $0

Investment Income $2,833

Other Revenue $189,315

TOTAL REVENUE $194,905

Expense Breakdown

Grants Paid $20,096

Salaries & Benefits $73,799

Fundraising Expenses $0

Program Expenses $20,096

Other Expenses $90,092

TOTAL EXPENSES $186,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$194,905	$220,199	-0.1%
Expenses	$186,563	$218,889	-0.1%
Net Income	$8,342	$1,310	+5.4%

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

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
KEVIN HUSKA	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN POLKA	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH MOHAR	TRUSTEE	1.00	Director	$0	$0	$0
DONALD E POLKA	PRESIDENT	2.00	Officer	$0	$0	$0
JUSTIN LUBIK	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
CHRISTOPHER LASCEK	TREASURER	14.00	Officer	$0	$0	$0
RONALD POLKA	SECRETARY	4.00	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
2025	No data	No data	No data	No data
2024	$194,905	$186,563	$392,382	$8,342
2023	$220,199	$218,889	$361,127	$1,310
2022	$221,240	$206,640	$359,817	$14,600
2021	$223,678	$136,381	$363,740	$87,297
2020	$136,539	$107,179	$276,443	$29,360