Hungarian-American Cultural Association Inc

EIN: 596197799 501(c)(3)

Sarasota, FL

Total Revenue
$508,168
Total Expenses
$5,732
Total Assets
$506,098
Net Assets
$506,098
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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
1984
Legal Domicile
FL
Phone
9419252099
Tax Period
2019-01-01 to 2019-12-31

Hungarian-American Cultural Association Inc, founded in 1984, is a small nonprofit that reported $508K in total revenue in fiscal year 2019. The organization ran a surplus of $502K, a strong 99% operating margin.

Mission

Financial assistance provided to schools and orphanages with scholarships and other educational programs.

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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 (2019)

Revenue Breakdown

Contributions & Grants $505,506
Program Service Revenue $0
Investment Income $2,662
Other Revenue $0
TOTAL REVENUE $508,168

Expense Breakdown

Grants Paid $2,910
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,910
Other Expenses $2,822
TOTAL EXPENSES $5,732

Year-over-Year Comparison

2019 2018 Change
Revenue $508,168 N/A N/A
Expenses $5,732 N/A N/A
Net Income $502,436 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
6
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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr George A Krajcsik President 0.00
Director
$0 $0 $0
Gabriel Pataky Treasurer 0.00
Director
$0 $0 $0
Magdolna Pataky Vice President 0.00
Director
$0 $0 $0
Erika Borsos Director 0.00
Director
$0 $0 $0
Dr Leslie Domonkos Director 0.00
Director
$0 $0 $0
Dr Leslie Szirmai Director 0.00
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
2019 $508,168 $5,732 $506,098 $502,436
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