ALBANIAN-AMERICAN ASSOCIATION OF U… - Form 990 Financial Data

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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

2022

Legal Domicile

Principal Officer

Dzemal Lanica

Phone

3475527665

Tax Period

2023-01-01 to 2023-12-31

ALBANIAN-AMERICAN ASSOCIATION OF ULQIN INC, founded in 2022, is a small nonprofit in the Education sector that reported $174K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

The purpose of the establishment of the Albanian American Association OF ULQIN, Inc. was to fortify the community for upcoming generations by preserving and promoting the culture, history, language, and accomplishments of the Albanian community in the United States.

Program Service Accomplishments

Program 1

ORGANIZE COMMUNITY EVENTS FOR THE ALBANIAN AMERICAN PEOPLE

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $174,395

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $174,395

Expense Breakdown

Grants Paid $162,711

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $11,684

TOTAL EXPENSES $174,395

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,395	$142,090	+0.2%
Expenses	$174,395	$142,090	+0.2%
Net Income	$0	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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER / DIRECTOR	007.00	Officer Director	$0	$0	$0
N/A	PRESIDENT / DIRECTOR	007.00	Officer Director	$0	$0	$0
N/A	ICE PRESIDENT/DIRECTOR	007.00	Officer 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	$174,395	$174,395	No data	No data
2022	$142,090	$142,090	No data	No data

ALBANIAN-AMERICAN ASSOCIATION OF ULQIN INC