Hungarian Cultural Society Inc

EIN: 454235292 501(c)(3) Arts, Culture & Humanities

Hauppauge, NY

Total Revenue
$-6,223
Total Expenses
N/A
Total Assets
$242,966
Net Assets
$175,998
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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
2012
Legal Domicile
NY
Principal Officer
ZOLTAN MATA
Phone
6312739532
Tax Period
2022-01-01 to 2022-12-31

Hungarian Cultural Society Inc, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $6K in total revenue in fiscal year 2022.

Mission

DEDICATED TO ENHANCE KNOWLEDGE AND APPRECIATION OF HUNGARIAN CULTURE, THE CORPORATION ORGANIZES AND SUPPORTS EVENTS THAT CELEBRATE HUNGARY'S PAST PRESENT AND FUTURE WITH THE ULTIMATE GOAL OF BRINGING ATTENTION TO THE GREAT ACHIEVMENTS IN HUNGARIAN CULTURE WHILE ENCOURAGING COLLABORATIONS BETWEEN HUNGARIANS AND AMERICANS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,300
Program Service Revenue $0
Investment Income $0
Other Revenue $-10,523
TOTAL REVENUE $-6,223

Expense Breakdown

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

Year-over-Year Comparison

2022 2021 Change
Revenue $-6,223 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
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
2
Independent Members
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZOLTAN MATA President 5.00
Director
$0 $0 $0
ILDIKO VASS Treasurer 1.00
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
2024 No data No data No data No data
2022 $-6,223 No data $242,966 No data
2021 $5,000 $24,945 $249,821 $-19,945
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