NATIONAL FEDERATION OF CROATIAN AMERICANS CULTURAL FOUNDATION

EIN: 522111298 501(c)(3) Arts, Culture & Humanities

PHILADELPHIA, PA

Total Revenue
$154,283
Total Expenses
$96,132
Total Assets
$228,809
Net Assets
$228,809
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
PA
Principal Officer
STEVE RUKAVINA
Phone
3015262350
Tax Period
2023-01-01 to 2023-12-31

NATIONAL FEDERATION OF CROATIAN AMERICANS CULTURAL FOUNDATION, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $154K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $58K, a strong 38% operating margin.

Mission

NFCACF IS DEDICATED TO PROMOTING THE INTEREST OF THE CROATIAN AMERICAN COMMUNITY EMBODYING HERITAGE OF CULTURE,HISTORY,EDUCATIONAL PROJECTS, CHARITABLE PROJECTS AND SUPPORT FOR SPECIAL MILLENNIAL EVENTS AS WELL AS PUBLIC AFFAIRS PROJECTS

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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 $154,278
Program Service Revenue $0
Investment Income $5
Other Revenue $0
TOTAL REVENUE $154,283

Expense Breakdown

Grants Paid $68,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $89,266
Other Expenses $27,332
TOTAL EXPENSES $96,132

Year-over-Year Comparison

2023 2022 Change
Revenue $154,283 $205,689 -0.2%
Expenses $96,132 $249,166 -0.6%
Net Income $58,151 $-43,477 -2.3%
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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Governance

Voting Members
119
Independent Members
25
Employees
N/A
Volunteers
40

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
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN RUKAVINA PRESIDENT 25.00
Director
$0 $0 $0
BILJANA LOVRINOVIC ABEL EXECUTIVE VICE PRESIDENT 5.00
Director
$0 $0 $0
ANNA MARIA SICENICA SECRETARY 1.00
Director
$0 $0 $0
MARK PLAVETIC ASSISTANT SECRETARY 5.00
Director
$0 $0 $0
ADAM RADMAN TREASURER 5.00
Director
$0 $0 $0
JOHN KRALJIC FIRST VICE PRESIDENT 1.00
Director
$0 $0 $0
MARIO SPALATIN SECOND VICE PRESIDENT 1.00
Director
$0 $0 $0
RON ZIVIC THIRD VICE PRESIDENT 1.00
Director
$0 $0 $0
BERNADETTE LUKETICH SIKARAS OFFICER 1.00
$0 $0 $0
CAROLYN AGIN BRUNO OFFICER 1.00
$0 $0 $0
VESNA JEZIC BOARD MEMBER 1.00
Director
$0 $0 $0
MARKO KIRN BOARD MEMBER 1.00
Director
$0 $0 $0
NENA KOMARICA BOARD MEMBER 1.00
Director
$0 $0 $0
JIM KRESNIK BOARD MEMBER 1.00
Director
$0 $0 $0
ZVONKO LABAS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH BOGOVIC BOARD MEMBER 1.00
Director
$0 $0 $0
VEDRAN JOSEPH NAZOR BOARD MEMBER 1.00
Director
$0 $0 $0
DINO MATTESSICH BOARD MEMBER 1.00
Director
$0 $0 $0
DR STEVE PAVLETICH BOARD MEMBER 1.00
Director
$0 $0 $0
JELENA RUDELA BOARD MEMBER 1.00
Director
$0 $0 $0
TOM STEICH BOARD MEMBER 1.00
Director
$0 $0 $0
MATT FURJANIC BOARD MEMBER 1.00
Director
$0 $0 $0
JUDI ZIVIC BOARD MEMBER 5.00
Director
$0 $0 $0
BOB JERIN BOARD MEMBER 1.00
Director
$0 $0 $0
FRANJO BERTOVIC BOARD MEMBER 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
2023 $154,283 $96,132 $228,809 $58,151
2022 $205,689 $249,166 $173,356 $-43,477
2021 $79,562 $65,899 $216,833 $13,663
2020 $301,487 $290,973 $207,893 $10,514
2019 $111,600 $82,820 $192,588 $28,780
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