Association of Croatian American Professionals Foundation

EIN: 832607827 501(c)(3) Community Improvement

RANCHO SANTA MARGARITA, CA

Total Revenue
$355,958
Total Expenses
$334,431
Total Assets
$226,603
Net Assets
$226,198
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Maria Sentic
Phone
7736888472
Tax Period
2023-01-01 to 2023-12-31

Association of Croatian American Professionals Foundation, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $356K in total revenue in fiscal year 2023. Revenue surged 288% from the prior year, signaling strong growth momentum. Expenses of $334K left a modest 6% surplus.

Mission

ACAP connects Croatian-American professionals through programming that fosters contributions to cultural and educational initiatives and creates professional growth and collaboration opportunities across a variety of economic, scientific, and policy sectors in the U.S. and in Croatia.

Program Service Accomplishments

Program 1
Expenses: $181,618

ACAP 2023 Conference in Zagreb, Croatia Description of Program: ACAP organized its annual conference in Zagreb, Croatia, bringing together professionals, business leaders, and community members from...

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ACAP 2023 Conference in Zagreb, Croatia Description of Program: ACAP organized its annual conference in Zagreb, Croatia, bringing together professionals, business leaders, and community members from various industries. Accomplishments: Hosted over 500 attendees from across the globe, including key speakers from the Croatian government, business sector, and academia. Facilitated 10+ panel discussions and masterclasses on topics ranging from technology and entrepreneurship to cultural heritage and bilateral trade. Enhanced networking opportunities and fostered collaboration between Croatian professionals and their international counterparts, strengthening ties between the Croatian diaspora.

Program 2
Expenses: $29,102

Chapter Events Description of Program: Throughout the year, ACAP chapters organized numerous events that engaged members and promoted Croatian heritage, networking, and professional development...

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Chapter Events Description of Program: Throughout the year, ACAP chapters organized numerous events that engaged members and promoted Croatian heritage, networking, and professional development across the United States. Events included educational seminars, cultural celebrations, and professional networking gatherings, all aimed at strengthening connections within the Croatian-American community and advancing ACAP?s mission. These events fostered collaboration among professionals, provided mentorship opportunities for younger members, and celebrated the achievements of the Croatian diaspora.

Program 3
Expenses: $18,727

Scholarships for Croatian Students Description of Program: ACAP provided need-based scholarships to Croatian students pursuing higher education in Croatia. Accomplishments: Awarded scholarships to 9...

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Scholarships for Croatian Students Description of Program: ACAP provided need-based scholarships to Croatian students pursuing higher education in Croatia. Accomplishments: Awarded scholarships to 9 students, totaling 15,000 to assist with tuition and educational expenses. Recipients demonstrated academic excellence, leadership potential, financial need, and commitment to community service. Enhanced educational opportunities for Croatian students, empowering them to achieve their academic and professional goals while fostering a connection to the diaspora.

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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 $265,037
Program Service Revenue $90,237
Investment Income $684
Other Revenue $0
TOTAL REVENUE $355,958

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $234,447
Other Expenses $314,431
TOTAL EXPENSES $334,431

Year-over-Year Comparison

2023 2022 Change
Revenue $355,958 $91,823 +2.9%
Expenses $334,431 $48,482 +5.9%
Net Income $21,527 $43,341 -0.5%
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
18
Independent Members
18
Employees
N/A
Volunteers
30

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
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Boris Vilic Director 2.00
Director
$0 $0 $0
Maria Sentic Treasurer 5.00
Officer Director
$0 $0 $0
Nikola Metes Director 2.00
Director
$0 $0 $0
MARCO ZORETIC Director 2.00
Director
$0 $0 $0
STEVEN PAVLETIC President 5.00
Officer Director
$0 $0 $0
Lidija Ortloff Secretary 5.00
Officer Director
$0 $0 $0
Valentina Grbavac Director 2.00
Director
$0 $0 $0
Jeana Havidich Director 2.00
Director
$0 $0 $0
Maria Jukic Director 2.00
Director
$0 $0 $0
Masenjka Katic Director 2.00
Director
$0 $0 $0
Maja Bilic Director 2.00
Director
$0 $0 $0
Kreso Marusic Director 2.00
Director
$0 $0 $0
Andrea Kunza Director 2.00
Director
$0 $0 $0
Mislav Magerl Director 2.00
Director
$0 $0 $0
Don Markusic Director 2.00
Director
$0 $0 $0
Igor Matic Director 2.00
Director
$0 $0 $0
Luka Misetic Director 2.00
Director
$0 $0 $0
Nada Pritisanac Matulich Director 2.00
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 $355,958 $334,431 $226,603 $21,527
2021 $234,766 $247,285 $28,777 $-12,519
2020 $211,181 $211,326 $38,959 $-145
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