Polish Falcons Of America is located in Pittsfield, MA. The organization was established in 1940. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Polish Falcons Of America employed 12 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Polish Falcons Of America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2023, Polish Falcons Of America generated $127.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $118.8k during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
POLISH CULTURAL ACTIVITIES FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL EDUCATION PROGRAMS FOR JUVENILE AND YOUNG ADULT MEMBERS, DRILL CLASSES, DANCE GROUPS, WEEKLY PRACTICES, TRAVEL EXPENSES TO NATIONAL AND DISTRICT COMPETITIONS, CONVENTIONS AND EXHIBITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roberta Bolotin President | Officer | 8 | $1,242 |
Mike Filpi Vice Preside | Officer | 8 | $250 |
Sharon Gagliardi Vice Preside | Officer | 8 | $11,778 |
Marianne Lavigne Financial Se | Officer | 8 | $16,413 |
Brian Andrews Treasurer | Officer | 8 | $2,400 |
Lynda Norman Recording Se | Officer | 8 | $175 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $21,945 |
Investment income | $17,648 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $87,933 |
Miscellaneous Revenue | $0 |
Total Revenue | $127,526 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $24,339 |
Compensation of current officers, directors, key employees. | $37,740 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,688 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,712 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,182 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $790 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,157 |
Insurance | $15,201 |
All other expenses | $0 |
Total functional expenses | $118,809 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $78,164 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,450 |
Prepaid expenses and deferred charges | $748 |
Net Land, buildings, and equipment | $92,543 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $174,905 |
Accounts payable and accrued expenses | $606 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $4,498 |
Other liabilities | $13,686 |
Total liabilities | $18,790 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $156,115 |
Total liabilities and net assets/fund balances | $174,905 |