AMERICAN SOKOL ORGANIZATION & SOKOL DETROIT

EIN: 381050766 501(c)(3) Arts, Culture & Humanities

Dearborn Heights, MI

Total Revenue
$125,429
Total Expenses
$62,588
Total Assets
$722,100
Net Assets
$722,100
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
MI
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.

Program Service Accomplishments

Program 1
Expenses: $20,169 Revenue: $41,250

Sokol Detroit provides many activities that promote family values for our membership, as well as for the general public. The purpose of these events are to socialize and learn about the history of...

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Sokol Detroit provides many activities that promote family values for our membership, as well as for the general public. The purpose of these events are to socialize and learn about the history of our organizations, as well as to participate in physical activities. We publish a monthly newsletter, to plan our future events and programs, and compile relevant and historical information. This is distributed to the membership as well as any other interested general public.

Program 2
Expenses: $15,626 Revenue: $30,744

To teach, promote and preserve Czech and Solvak heritage and customs. To maintain the Czech and Slovak heritage and customs through public displays, ethnic foods, costumes, music, dancing, books...

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To teach, promote and preserve Czech and Solvak heritage and customs. To maintain the Czech and Slovak heritage and customs through public displays, ethnic foods, costumes, music, dancing, books, maps, authentic crystal, and jewelry. All are made available to the public at our Annual Czech and Slovak Festival. Information on Geneology is also available. The Czech Dinner Party is an afternoon of music, dancing, ethnic cuisine, singing in both Czech and Slovak languages, and an Educational skit about Czech and Slovak customs. It is open to the public. Czech language classes begin each fall and are attended by members and non-members. The public is always welcome at our Heritage promoting events.

Program 3
Expenses: $1,768 Revenue: $2,020

Physical fitness classes are available for ages 5 years old through 80+years. Classes are open to members and their children, and the public. They consist of gymnastic instruction, tumbling...

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Physical fitness classes are available for ages 5 years old through 80+years. Classes are open to members and their children, and the public. They consist of gymnastic instruction, tumbling, aerobics, and synchronized movements. There are gymnastic displays, and exhibition, and competitions. Our participants compete several times a year either locally, nationally, or internationally. The teen club hosts many social events throughout the year. The Board of Directors sponsor many family oriented events such as the camp picnic and their St. Patricks Day Social.

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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 $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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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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