MACEDONIA 2025

EIN: 260574970 501(c)(3) International Affairs

CROWN POINT, IN

Total Revenue
$152,267
Total Expenses
$232,590
Total Assets
$50,835
Net Assets
$49,712
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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
2007
Legal Domicile
IN
Principal Officer
MITRE KUTANOVSKI
Phone
2193101410
Tax Period
2019-01-01 to 2019-12-31

MACEDONIA 2025, founded in 2007, is a small nonprofit in the International Affairs sector that reported $152K in total revenue in fiscal year 2019. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $233K exceeded revenue, resulting in a 53% operating deficit.

Mission

STIMULATE ECONOMIC DEVELOPMENT IN AND BETWEEN MACEDONIA AND THE UNITED STATES THROUGH OUTREACH SUMMITS AND COMMUNITY OUTREACH

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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 (2019)

Revenue Breakdown

Contributions & Grants $141,859
Program Service Revenue $0
Investment Income $10,408
Other Revenue $0
TOTAL REVENUE $152,267

Expense Breakdown

Grants Paid $220,640
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $220,640
Other Expenses $11,950
TOTAL EXPENSES $232,590

Year-over-Year Comparison

2019 2018 Change
Revenue $152,267 $114,573 +0.3%
Expenses $232,590 $206,548 +0.1%
Net Income $-80,323 $-91,975 -0.1%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ARSOV CHAIRMAN 1.00
Officer Director
$0 $0 $0
MITRE KUTANOVSKI TREASURER 1.00
Officer Director
$0 $0 $0
MIKE ZAFIROVSKI BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS PAVLOVSKI BOARD MEMBER 1.00
Director
$0 $0 $0
JIM NIKOPOULOS BOARD MEMBER 1.00
Director
$0 $0 $0
ZHIVKO MUKAETOV BOARD MEMBER 1.00
Director
$0 $0 $0
VERA STAVROFF VICE CHAIR WOMAN - BOARD MEMBER 1.00
Officer Director
$0 $0 $0
JOHN BITOV JR BOARD MEMBER 1.00
Director
$0 $0 $0
ZORAN MARTINOVSKI BOARD MEMBER 1.00
Director
$0 $0 $0
PETER SIMEON BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT STEVANOVSKI BOARD MEMBER 1.00
Director
$0 $0 $0
NEVENKA DIMITROVA BOARD MEMBER 1.00
Director
$0 $0 $0
ANA ARSOV BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CKLAMOVSKI BOARD MEMBER 1.00
Director
$0 $0 $0
JUANA MARIN BOARD MEMBER 1.00
Director
$0 $0 $0
ALEK ICEVA BOARD MEMBER 1.00
Director
$0 $0 $0
KATI ICEVA BOARD MEMBER 1.00
Director
$0 $0 $0
JERRY NAUMOFF BOARD MEMBER 1.00
Director
$0 $0 $0
MIHAIL MATESKI BOARD MEMBER 1.00
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 No data No data No data No data
2019 $152,267 $232,590 $50,835 $-80,323
2018 $114,573 $206,548 $130,820 $-91,975
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