FIRST CATHOLIC SLOVAK LADIES ASSOCIATION OF THE UNITED STATES OF AMERICA

EIN: 340220540

CLEVELAND, OH

Total Revenue
$70,952,159
Total Expenses
$71,476,944
Total Assets
$1,079,616,886
Net Assets
$108,717,060
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1899
Legal Domicile
OH
Principal Officer
MICHAEL J AGAN
Phone
2164648015
Tax Period
2024-01-01 to 2024-12-31

FIRST CATHOLIC SLOVAK LADIES ASSOCIATION OF THE UNITED STATES OF AMERICA, founded in 1899, is a mid-sized nonprofit that reported $71.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE FRATERNAL AND OTHER BENEFITS TO MEMBERS.

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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 $20,549,159
Investment Income $50,377,663
Other Revenue $25,337
TOTAL REVENUE $70,952,159

Expense Breakdown

Grants Paid $362,000
Salaries & Benefits $4,376,243
Fundraising Expenses $0
Other Expenses $-21,026,863
TOTAL EXPENSES $71,476,944

Year-over-Year Comparison

2024 2023 Change
Revenue $70,952,159 $71,704,080 0.0%
Expenses $71,476,944 $72,675,614 0.0%
Net Income $-524,785 $-971,534 -0.5%
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

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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
N/A
Employees
45
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
2
$604,916
Total Directors
12
$808,052
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA MARIA MALESKI NATIONAL,PRESIDENT/CEO 50.00
Officer Director
$345,805 $35,720 $381,525
MSGR PETER M POLANDO NATIONAL CHAPLAIN 10.00
Director
$23,890 $0 $23,890
BARBARA A SEKERAK NATIONAL AUDITOR 10.00
Director
$24,353 $0 $24,353
JOANN SKVAREK BANVICH NTL DIRECTOR-PASSED AWAY IN AUG '24 10.00
Director
$15,221 $0 $15,221
DENNIS L POVONDRA NATIONAL AUDITOR 10.00
Director
$24,353 $0 $24,353
JEANETTE E PALANCA NATIONAL DIRECTOR 10.00
Director
$22,850 $0 $22,850
FRANK RANDO INTERIM NATIONAL TREASURER 40.00
Director
$172,428 $25,500 $197,928
KRISTINA MENKE AS OF 1124 NATIONAL DIRECTOR 10.00
Director
$22,473 $0 $22,473
LORRAINE GIBAS AS OF 1124 NATIONAL TRUSTEE 10.00
Director
$24,353 $0 $24,353
MARY B ANDREANO AS OF 1124 NATIONAL AUDITOR 10.00
Director
$24,353 $0 $24,353
JOSEPH SENKO AS OF 1124 NATIONAL TRUSTEE 10.00
Director
$24,353 $0 $24,353
KRISTINE MIDCAP AS OF 1124 NATIONAL DIRECTOR 10.00
Director
$22,400 $0 $22,400
KIMBERLY GRAHAM NATIONAL SECRETARY 40.00
Officer
$197,481 $25,910 $223,391
JAMES DEAK PROGRAMMER/ANALYST 40.00
Highest
$120,567 $22,424 $142,991
PAULA DALPIAZ INSURANCE/IT MGR 40.00
Highest
$119,345 $23,134 $142,479
PAUL S SMITHERS NATIONAL SALES MANAGER 40.00
Highest
$168,424 $26,223 $194,647
KAREN MCHUGH HEAD OF HUMAN RESOURCES 40.00
Highest
$109,202 $21,694 $130,896
JOHN GONSIOREK REGIONAL SALES MANAGER 40.00
Highest
$111,943 $21,495 $133,438
DOROTHY L URBANOWICZ FORMER NATIONAL AUDITOR/RECOMMENDER 10.00
$19,146 $0 $19,146
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 $70,952,159 $71,476,944 $1,079,616,886 $-524,785
2023 $71,704,080 $72,675,614 $1,103,676,515 $-971,534
2022 $87,396,346 $86,228,050 $1,127,543,562 $1,168,296
2021 $118,651,885 $116,888,547 $1,116,473,671 $1,763,338
2020 $92,476,155 $89,783,017 $1,062,995,352 $2,693,138
2019 $101,017,104 $98,991,385 $1,029,596,800 $2,025,719
2018 $84,680,053 $82,028,544 $990,543,945 $2,651,509
2017 $87,511,640 $83,248,317 $963,986,858 $4,263,323
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