Czech And Slovak Sokol Minnesota
- Assets
- $1.5m
- Revenue
- $191.9k
- Investments
- $0.0
- Employees
- 16
- Location
- St Paul, MN
- Founding
- 03/1953
- Data as of
- 12/2021
- EIN
- 41-6084129
Organization Overview
Czech And Slovak Sokol Minnesota is located in St Paul, MN. The organization was established in 1953. 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, Czech And Slovak Sokol Minnesota employed 16 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Czech And Slovak Sokol Minnesota 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, Czech And Slovak Sokol Minnesota generated $191.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $136.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CZECH AND SLOVAK CULTURE AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GYMNASTIC CLASSES FOR YOUTH AND ADULTS, LANGUAGE CLASSES, AND A CULTURAL CAMP FOR YOUTH ARE OFFERED. CLASSES ARE HELD ONE TO THREE TIMES PER WEEK. THE UNIT PUBLISHES A CULTURALLY EDUCATIONAL AND INFORMATIVE NEWSLETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blanka Brichta Sergeant At Arms | Trustee | 2 | $0 |
Dave Stepan President | OfficerTrustee | 20 | $0 |
Cinnamon Whaley Vice President | OfficerTrustee | 4 | $0 |
Denise Stibal Recording Secretary | OfficerTrustee | 2 | $0 |
Glynis Grostephan Corresponding Secretary | OfficerTrustee | 2 | $0 |
Steve Ernest Financial Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,839 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$5,460 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,040 |
| Net Income from Gaming Activities | $16,549 |
| Net Income from Sales of Inventory | $4,916 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,460 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $650 |
| Advertising and promotion | $282 |
| Office expenses | $3,038 |
| Information technology | $355 |
| Royalties | $0 |
| Occupancy | $1,164 |
| Travel | $568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,355 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,807 |
| Insurance | $3,936 |
| All other expenses | $0 |
| Total functional expenses | $136,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,523 |
| Savings and temporary cash investments | $21,893 |
| 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 | $10,651 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $51,770 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,494,437 |
| 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 | $47,634 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,003 |
| Total liabilities | $92,637 |
| Net assets without donor restrictions | $1,401,800 |
| 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 |
| Total liabilities and net assets/fund balances | $1,401,800 |