DRAUGAS FOUNDATION

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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

1993

Legal Domicile

Principal Officer

Leopold Von Braun

Phone

7735859500

Tax Period

2024-01-01 to 2024-12-31

DRAUGAS FOUNDATION, founded in 1993, is a small nonprofit in the Religion sector that reported $111K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $149K exceeded revenue, resulting in a 34% operating deficit.

Mission

Also provide books and the newspaper DRAUGAS twice weekly in Lithuanina and monthly in the English language.

Program Service Accomplishments

Program 1

additional grant from the Lithuanian Catholic Press Society for operating and publishing expenses

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,799

Program Service Revenue $0

Investment Income $15,031

Other Revenue $47,999

TOTAL REVENUE $110,829

Expense Breakdown

Grants Paid $145,040

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,820

TOTAL EXPENSES $148,860

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,829	$126,023	-0.1%
Expenses	$148,860	$84,012	+0.8%
Net Income	$-38,031	$42,011	-1.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ramune Rackauskas	Director Chairperson	004.00	Officer Director	$0	$0	$0
Sylvija Radvilas	Director Secretary	003.00	Officer Director	$0	$0	$0
Leopold Von Braun	Director Treasurer	002.00	Officer Director	$0	$0	$0
Austrele Sakalas	Director Assitant treasurer	002.00	Officer Director	$0	$0	$0
Dr Algis Norvilla	Director	001.00	Director	$0	$0	$0
Danguole Joan Bielskus	Director	001.00	Director	$0	$0	$0
Maryte Utz	Director	001.00	Director	$0	$0	$0
Marija Remys	Director	001.00	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
2025	No data	No data	No data	No data
2024	$110,829	$148,860	$765,249	$-38,031
2023	$183,714	$104,490	$816,592	$79,224
2022	$126,023	$84,012	$749,680	$42,011
2021	$131,647	$95,142	$915,823	$36,505
2020	$103,279	$57,974	$817,369	$45,305