Alliance of Transylvanian Saxons

EIN: 340138510

Cleveland, OH

Total Revenue
$6,900,336
Total Expenses
$7,003,144
Total Assets
$97,488,071
Net Assets
$14,918,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1902
Legal Domicile
OH
Phone
4408428442
Tax Period
2024-01-01 to 2024-12-31

Alliance of Transylvanian Saxons, founded in 1902, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Net assets of $14.9M represent 26 months of operating reserves.

Mission

To unite persons of Transylvanian Saxon and German descent and others who agree to support and promote the preservation of the Saxon culture and traditions in an organization that provides financial security to it's members through the sale of life insurance and annuities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,431,545
Investment Income $4,452,049
Other Revenue $16,742
TOTAL REVENUE $6,900,336

Expense Breakdown

Grants Paid $0
Salaries & Benefits $332,113
Fundraising Expenses $0
Program Expenses $7,003,144
Other Expenses $895,725
TOTAL EXPENSES $7,003,144

Year-over-Year Comparison

2024 2023 Change
Revenue $6,900,336 $7,837,506 -0.1%
Expenses $7,003,144 $7,621,143 -0.1%
Net Income $-102,808 $216,363 -1.5%
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
11
Independent Members
11
Employees
6
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
13
$227,318
Total Directors
0
$0
Key Employees
3
$196,128
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Denise A Crawford President 40
Officer Key Emp
$95,818 $0 $95,818
Monica M Weber 1st VP 2
Officer
$2,978 $0 $2,978
Randall B Floyd 2nd VP 2
Officer
$6,933 $0 $6,933
Michael Bachinger 3rd VP 2
Officer
$3,181 $0 $3,181
Christine D Oehlman Secretary 2
Officer
$579 $0 $579
Michael Teutsch Jr Treasurer 2
Officer
$3,901 $0 $3,901
Lisa Deaton Office Manager 40
Officer Key Emp
$68,500 $0 $68,500
Debbie K Ferguson Trustee 2
Officer
$1,613 $0 $1,613
Barbara A Spack Trustee 2
Officer
$3,438 $0 $3,438
Jacob F Spor Trustee 2
Officer
$1,221 $0 $1,221
Ingrid E Weihs-Ferguson Trustee 2
Officer
$3,543 $0 $3,543
Margarete I Ziegler Trustee 2
Officer
$3,803 $0 $3,803
Monica F Gilles Past Secretary 40
Officer Key Emp
$31,810 $0 $31,810
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 $6,900,336 $7,003,144 $97,488,071 $-102,808
2023 $7,837,506 $7,621,143 $97,473,764 $216,363
2022 $7,891,278 $7,096,447 $101,858,342 $794,831
2021 $9,280,239 $8,553,082 $101,451,991 $727,157
2020 $9,163,595 $8,567,995 $98,107,283 $595,600
2019 $6,742,357 $5,756,435 $94,283,949 $985,922
2018 $8,348,876 $7,295,878 $93,210,585 $1,052,998
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