AMERICAN SOKOL ORGANIZATION & SOKOL DETROIT (EIN 381050766) - Form 990 Financial Analysis & Trantor Score

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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

1945

Legal Domicile

Principal Officer

MEG NOVACEK

Tax Period

2023-01-01 to 2023-12-31

AMERICAN SOKOL ORGANIZATION & SOKOL DETROIT, founded in 1945, is a small nonprofit in the Arts, Culture & Humanities sector that reported $125K in total revenue in fiscal year 2023. Revenue surged 755% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 50% operating margin.

Mission

To Provide training for good citizenship and to enhance physical and moral well being through physsical fitness activities, as well as various cultural and social activities to educate succeeding generations in Czech & Slovak language & culture.

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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 $41,192

Program Service Revenue $74,014

Investment Income $45,705

Other Revenue $-35,482

TOTAL REVENUE $125,429

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,563

Other Expenses $62,588

TOTAL EXPENSES $62,588

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,429	$14,668	+7.6%
Expenses	$62,588	$72,269	-0.1%
Net Income	$62,841	$-57,601	-2.1%

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

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
CAROL S BRANDON	BOARD MEMBER	6.00	Officer	$0	$0	$0
SUE KLARR	RECORDING SECRETARY	6.00	Officer	$0	$0	$0
AUDREY MODOS	WOMENS PHYSICAL DIRECTOR	6.00	Officer	$0	$0	$0
BRUCE SINGLEY	MENS PHYSICAL DIRECTOR	6.00	Officer	$0	$0	$0
AMY DERECZYK	FINANCIAL SECRETARY	6.00	Officer	$0	$0	$0
ERIC SINGLEY	1ST VICE PRESIDENT	6.00	Officer	$0	$0	$0
MEG NOVACEK	MEMBERSHIP	6.00	Officer	$0	$0	$0
ANN HURYCH	TREASURER	6.00	Officer	$0	$0	$0
RENATA GREENE	2ND VICE PRESIDENT	6.00	Officer	$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	$125,429	$62,588	$722,100	$62,841
2022	$14,668	$72,269	$659,259	$-57,601
2021	$86,051	$45,555	$716,860	$40,496
2020	$34,772	$24,121	$676,364	$10,651
2019	$94,504	$64,195	$665,713	$30,309
2018	$89,102	$74,118	$635,404	$14,984

AMERICAN SOKOL ORGANIZATION & SOKOL DETROIT