CROATIAN CULTURIAL CLUB

EIN: 362546423

JOLIET, IL

Total Revenue
$112,995
Total Expenses
$122,073
Total Assets
$520,084
Net Assets
$387,584
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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
1960
Legal Domicile
IL
Principal Officer
THERESA DERLINGA
Phone
8157233154
Tax Period
2023-01-01 to 2023-12-31

CROATIAN CULTURIAL CLUB, founded in 1960, is a small nonprofit that reported $113K in total revenue in fiscal year 2023. Net assets of $388K represent 41 months of operating reserves.

Mission

TO UNITE AMERICAN CROATIANS IN JOLIET, ILLINOIS AND VICINITY TO PRESERVE AND PROMOTE THE CROATIAN CULTURE. NATIVE DANCING, MUSIC, FOOD, LANGUAGE AND THEIR CONTRIBUTIONS TO THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $33,562
Program Service Revenue $0
Investment Income $0
Other Revenue $79,433
TOTAL REVENUE $112,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,800
Other Expenses $122,073
TOTAL EXPENSES $122,073

Year-over-Year Comparison

2023 2022 Change
Revenue $112,995 $118,104 0.0%
Expenses $122,073 $124,807 0.0%
Net Income $-9,078 $-6,703 +0.4%
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
9
Independent Members
469
Employees
N/A
Volunteers
150

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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID JELINEK PRESIDENT 30.00
Officer
$0 $0 $0
DAMON ZDUNICH VICE PRESIDENT 10.00
Officer
$0 $0 $0
JOHN JELINEK SECRETARY 10.00
Officer
$0 $0 $0
ANNETTE JELINEK FINANCIAL SECRETARY 10.00
Officer
$0 $0 $0
THERESA DERLINGA TREASURER 10.00
Officer
$0 $0 $0
ADAM CACIC TRUSTEE 10.00
Director
$0 $0 $0
BORIS MIJATOVIC TRUSTEE 10.00
Director
$0 $0 $0
THOMAS FABEK TRUSTEE 10.00
Director
$0 $0 $0
JOSEPH JELINEK TRUSTEE 10.00
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
2023 $112,995 $122,073 $520,084 $-9,078
2022 $118,104 $124,807 $551,507 $-6,703
2021 $91,962 $93,680 $558,210 $-1,718
2020 $67,988 $93,791 $437,428 $-25,803
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