FEDERATION OF BALKAN AMERICAN ASSOCIATIONS INC

EIN: 262400442 501(c)(3)

TROY, MI

Total Revenue
$991,033
Total Expenses
$976,373
Total Assets
$2,512,886
Net Assets
$1,070,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Principal Officer
ROLAND CINARI
Phone
4145745111
Tax Period
2019-01-01 to 2019-12-31

FEDERATION OF BALKAN AMERICAN ASSOCIATIONS INC, founded in 2008, is a small nonprofit that reported $991K in total revenue in fiscal year 2019. Revenue decreased 10% compared to the prior year.

Mission

TO PROMOTE BALKAN CULTURE AND LANGUAGE IN AN EFFORT TO STRENGTHEN THE CULTURAL AND EDUCATIONAL TIES BETWEEN THE PEOPLE OF THE UNITED STATES AND THE BALKAN THROUGH EDUCATIONAL AND CULTURAL ACTIVITIES.

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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 $875,175
Program Service Revenue $115,760
Investment Income $98
Other Revenue $0
TOTAL REVENUE $991,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $456,897
Fundraising Expenses $20,899
Program Expenses $753,921
Other Expenses $519,476
TOTAL EXPENSES $976,373

Year-over-Year Comparison

2019 2018 Change
Revenue $991,033 $1,101,710 -0.1%
Expenses $976,373 $1,150,686 -0.2%
Net Income $14,660 $-48,976 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
44
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROLAND CINARI TREASURER N/A
Officer Director
$0 $0 $0
TAULANT KADIU PRESIDENT N/A
Officer Director
$0 $0 $0
SEMSEDIN YASAR SECRETARY N/A
Officer 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
2019 $991,033 $976,373 $2,512,886 $14,660
2018 $1,101,710 $1,150,686 $2,623,387 $-48,976
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