CARPATHIA CLUB INC

EIN: 381741228

ST CLAIR SHORES, MI

Total Revenue
$243,942
Total Expenses
$239,690
Total Assets
$1,636,265
Net Assets
$1,613,856
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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
1941
Legal Domicile
MI
Principal Officer
ROBERT HANSCHU
Phone
5869782292
Tax Period
2023-01-01 to 2023-12-31

CARPATHIA CLUB INC, founded in 1941, is a small nonprofit that reported $244K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Net assets of $1.6M represent 79 months of operating reserves.

Mission

PROMOTE AND MAINTAIN GERMAN 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,429
Program Service Revenue $200,554
Investment Income $16,166
Other Revenue $-1,207
TOTAL REVENUE $243,942

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $239,690
TOTAL EXPENSES $239,690

Year-over-Year Comparison

2023 2022 Change
Revenue $243,942 $1,020,831 -0.8%
Expenses $239,690 $339,011 -0.3%
Net Income $4,252 $681,820 -1.0%
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
9
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
9
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN BEATTIE TRUSTEE N/A
Director
$0 $0 $0
FRANZ DOSENBERGER TRUSTEE N/A
Director
$0 $0 $0
MARIA DOSENBERGER TICKET CHAIR N/A
Director
$0 $0 $0
KIMBERLY FURTAH RECORDING SE N/A
Officer Director
$0 $0 $0
CARSTEN GROTLOH VICE-PRESIDE N/A
Officer Director
$0 $0 $0
ROBERT HANSCHU PRESIDENT N/A
Officer Director
$0 $0 $0
TAMMY KAPRAUN TRUSTEE N/A
Director
$0 $0 $0
BRIGETTE SCHWAGER MEMBERSHIP S N/A
Officer Director
$0 $0 $0
KURT SEIBERLING DIRECTOR N/A
Director
$0 $0 $0
SAMANTHA SESKO PRESS SECRET N/A
Officer Director
$0 $0 $0
MIKE STAMPFER MAINTENANCE N/A
Officer Director
$0 $0 $0
ROBERT THOMAS TRUSTEE N/A
Director
$0 $0 $0
KAREN VENTON TREASURER N/A
Officer Director
$0 $0 $0
AMANDA SEIBERLING CORRESPONDEN N/A
Officer
$0 $0 $0
ANNA MARIE TITTJUNG VICE-PRESIDE N/A
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 $243,942 $239,690 $1,636,265 $4,252
2022 $1,020,831 $339,011 $1,640,135 $681,820
2021 $362,429 $323,214 $1,079,002 $39,215
2020 $236,646 $307,428 $1,084,082 $-70,782
2019 $476,079 $559,030 $1,169,164 $-82,951
2018 $447,679 $595,807 $1,251,654 $-148,128
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