Hungarian Medical Association of America Inc (EIN 311100529) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

Ivan Harangozo

Phone

3014712949

Tax Period

2023-01-01 to 2023-12-31

Hungarian Medical Association of America Inc, founded in 1970, is a small nonprofit in the Education sector that reported $156K in total revenue in fiscal year 2022. Revenue surged 246% from the prior year, signaling strong growth momentum.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,900

Program Service Revenue $45,000

Investment Income $1,515

Other Revenue $538

TOTAL REVENUE $66,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,747

Other Expenses $132,588

TOTAL EXPENSES $132,588

Year-over-Year Comparison

	2023	2022	Change
Revenue	$66,953	$156,418	-0.6%
Expenses	$132,588	$157,175	-0.2%
Net Income	$-65,635	$-757	+85.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Zsolt Garami MD	President	N/A	Officer Director	$0	$0	$0
Geza Acs MD PhD	President-Elect	N/A	Officer Director	$0	$0	$0
Andrea Varga MD	Secretary	N/A	Director	$0	$0	$0
Louis Huzella DVM	Treasurer	N/A	Officer Director	$0	$0	$0
Ildiko Halasz	Director	N/A	Director	$0	$0	$0
Istvan G Somkuti MD PhD	Director	N/A	Director	$0	$0	$0
Janos Laszlo TanyiMD PhD	Director	N/A	Director	$0	$0	$0
Andras Sandor MD	Director	N/A	Director	$0	$0	$0
Agnes Virga MD	Director	N/A	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
2023	$66,953	$132,588	$270,484	$-65,635
2022	$156,418	$157,175	$288,650	$-757

Hungarian Medical Association of America Inc