SERBIAN BROTHERS HELP INC

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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

1968

Legal Domicile

Principal Officer

GORAN MATIC

Phone

2243926033

Tax Period

2023-04-01 to 2024-03-31

SERBIAN BROTHERS HELP INC, founded in 1968, is a small nonprofit that reported $128K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 40% operating margin.

Mission

THE ORGANIZATION OBJECTIVE IS TO PROVIDE TO ALL PERSONS OF SERBIAN ORIGIN IN NEED OF ASSISTANCE. ALSO TO PROMOTE AN UNDERSTANDING OF SERBIAN CULTURE AND HERITAGE AND ASSIST IN THE EDUCATION OF

Program Service Accomplishments

Program 1

Expenses: $65,726 Revenue: $85,609

EVENTS HELD THAT PROMOTED IN INCREASED AWARENESS OF SERBIAN CULTURAL IDENTITY BY CELEBRATING IT'S SERBIAN SAINT'S DAY, SERBIAN CHRISTMAS, SERBIAN NEW YEAR AND VARIOUS SERBIAN RELIGIOUS HOLIDAYS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $47,111

Program Service Revenue $85,609

Investment Income $0

Other Revenue $-4,511

TOTAL REVENUE $128,209

Expense Breakdown

Grants Paid $970

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,726

Other Expenses $76,438

TOTAL EXPENSES $77,408

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,209	$74,740	+0.7%
Expenses	$77,408	$82,840	-0.1%
Net Income	$50,801	$-8,100	-7.3%

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
GORAN MATIC	TREASURER	2.000	Officer Director	$0	$0	$0
LJUBISA KUZMANOVIC	VP	2.000	Officer Director	$0	$0	$0
JOVAN SELAKOVIC	2ND VP	2.000	Officer Director	$0	$0	$0
WALTER V VLA	PRESIDENT	2.000	Officer Director	$0	$0	$0
NADA KUZMANOVIC	SECRETARY	2.000	Officer 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	$128,209	$77,408	$685,344	$50,801
2023	$74,740	$82,840	$659,794	$-8,100
2022	$83,792	$102,242	$685,776	$-18,450
2021	$99,535	$84,761	$720,985	$14,774
2020	$113,718	$122,229	$724,032	$-8,511