Hungarian Association
- Assets
- $102.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, OH
- Founding
- 04/1972
- Data as of
- 12/2021
- EIN
- 23-7083651
Organization Overview
Hungarian Association is located in Lakewood, OH. The organization was established in 1972. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hungarian Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hungarian Association generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $5.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Pereszlenyi Pinter Vice Pres | 1 | $0 | |
Dr John Nadas President | 2 | $0 | |
Maria Meszaros Treasurer | 3 | $0 | |
Gabriella Nadas Chief Oper Officer | 3 | $0 | |
Lel Somogyi Secretary General | 2 | $0 | |
Julianna Ludanyi Exhibit Coordinator | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,947 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,345 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,547 |
| Other Revenue | $0 |
| Total Revenue | $3,770 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,813 |
| Other expenses | $900 |
| Total expenses | $5,138 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,983 |
| Other assets | $0 |
| Total assets | $101,983 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,983 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hungarian Association has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
The Senyei Family Foundation La Jolla, CA PURPOSE: CASH TO SUPPORT MEMBER COSTS AND ASSOCIATION EVENTS | $1,500 |
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|---|---|---|
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Aclamo Norristown, PA | $978,661 | $4,856,819 |
Us Together Inc Columbus, OH | $985,790 | $3,702,969 |
Exodus Refugee Immigration Inc Indianapolis, IN | $2,775,622 | $4,589,376 |
Hispanic American Organization Inc Allentown, PA | $4,490,641 | $3,194,096 |
Southeast Asian Maa Coalition Inc Philadelphia, PA | $3,028,639 | $3,544,342 |
Community Refugee And Immigration Services Inc Columbus, OH | $1,944,454 | $3,415,848 |
Centro Hispano Daniel Torres Inc Reading, PA | $2,041,351 | $3,141,164 |
Western Kentucky Refugee Mutual Assistance Society Inc Bowling Green, KY | $2,353,539 | $2,638,814 |
International Institute Of Akron Inc Akron, OH | $2,952,820 | $2,301,795 |
Hispanic Center Of Western Michigan Inc Grand Rapids, MI | $1,969,511 | $2,693,574 |