CARPATHO RUSYN SOCIETY

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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

1996

Legal Domicile

Principal Officer

Timothy S Felegie

Phone

4125673077

Tax Period

2024-07-01 to 2025-06-30

CARPATHO RUSYN SOCIETY, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $233K in total revenue in fiscal year 2024. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 19% operating margin.

Mission

The Carpatho-Rusyn Society is dedicated to manifesting Carpatho-Rusyn culture in the United States and supporting Rusyn culture in eastern Central Europe.

Program Service Accomplishments

Program 1

Expenses: $30,702 Revenue: $26,401

Line 28. Membership programs include genealogy services, a Rusyn radio program to perpetuate our musical heritage, a newsletter to inform our members and others about the organization's activities...

Line 28. Membership programs include genealogy services, a Rusyn radio program to perpetuate our musical heritage, a newsletter to inform our members and others about the organization's activities. They also provide a knowledge base for our culture.

Program 2

Expenses: $25,659 Revenue: $31,558

Line 29. Chapter meetings and other events to promote Rusyn culture

Program 3

Expenses: $9,660 Revenue: $3,480

Line 31. Education program produces video and other media to inform the public about Rusyn culture. Humanitarian program assists Rusyn people and organizations needing humanitarian aid. Homeland...

Line 31. Education program produces video and other media to inform the public about Rusyn culture. Humanitarian program assists Rusyn people and organizations needing humanitarian aid. Homeland program assists Rusyn people and organizations needing funding for projects. Scholarship program assists students in a higher education program who would advance the Rusyn culture, Rusyn language, or tenets of the Society.

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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 $159,794

Program Service Revenue $53,766

Investment Income $13,564

Other Revenue $5,838

TOTAL REVENUE $232,962

Expense Breakdown

Grants Paid $5,400

Salaries & Benefits $0

Fundraising Expenses $3,174

Program Expenses $74,105

Other Expenses $184,325

TOTAL EXPENSES $189,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,962	$110,344	+1.1%
Expenses	$189,725	$124,183	+0.5%
Net Income	$43,237	$-13,839	-4.1%

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

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
MaryAnn Sromoski	President	10	Officer Director	$0	$0	$0
Nathan Marks	Recording Secretary	5	Officer Director	$0	$0	$0
Timothy Felegie	CFO	8	Officer Director	$0	$0	$0
Christine Hrichak	Chief Information Officer	10	Officer Director	$0	$0	$0
Benjamin Demko	Chief Financial Assistant	5	Officer Director	$0	$0	$0
James Kaminski	Board chairman	2	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
2025	$232,962	$189,725	$415,101	$43,237