American Sokol Organization And Educational And Physical Culture O
- Assets
- $3.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 26
- Location
- Downers Grove, IL
- Founding
- 12/1981
- Data as of
- 12/2022
- EIN
- 36-3139766
Organization Overview
American Sokol Organization And Educational And Physical Culture O is located in Downers Grove, IL. The organization was established in 1981. 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 12/2022, American Sokol Organization And Educational And Physical Culture O employed 26 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Sokol Organization And Educational And Physical Culture O 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 12/2022, American Sokol Organization And Educational And Physical Culture O generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FITNESS & COMMUNITY FOR INDIVIDUALS & FAMILIES THROUGH PHYSICAL, EDUCATIONAL, CULTURAL & SOCIAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES PHYSICAL AND MORAL TRAINING TO CHILDREN OF ALL AGES AS WELL AS ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Florence Delcarlo Vice President | Officer | 5 | $0 |
Laura Kwak Board Of Directors | Trustee | 5 | $0 |
Sally Bukovsky Board Of Directors | Trustee | 5 | $0 |
Andrea Scheirer President | Officer | 5 | $0 |
Jack Scheirer Treasurer | Officer | 5 | $0 |
Beverly Domzalski Secretary | Officer | 5 | $0 |
Financial Statements
| 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 | $10,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,190 |
| Total Program Service Revenue | $1,050,674 |
| Investment income | $20,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$42,013 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,252 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,033,955 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $611,944 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $54,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,540 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $38,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $157,230 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,322 |
| Insurance | $7,845 |
| All other expenses | $0 |
| Total functional expenses | $1,014,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,176 |
| Savings and temporary cash investments | $58,257 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,076,200 |
| Investments—publicly traded securities | $796,354 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,210,987 |
| Accounts payable and accrued expenses | $0 |
| 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 | $395,053 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $395,053 |
| Net assets without donor restrictions | $2,815,934 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,210,987 |