Sokol South Omaha
- Assets
- $2.7m
- Revenue
- $320.2k
- Investments
- $0.0
- Employees
- 17
- Location
- Omaha, NE
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 47-0396406
Organization Overview
Sokol South Omaha is located in Omaha, NE. The organization was established in 1945. As of 12/2021, Sokol South Omaha employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sokol South Omaha 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, Sokol South Omaha generated $320.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $308.2k during the year ending 12/2021. While expenses have increased by 20.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH GYMNASTICS ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GYMNASTIC MEETS, CLINICS, LESSONS AND INSTRUCTORS OFFERING CZECH LANGUAGE LESSONS. SOKOL MUSEUM TO DISPLAY CZECH HISTORY ARTIFACTS, BOOKS, CLOTHING, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott A Altic Chairman | OfficerTrustee | 1 | $0 |
George F Strnad Vice Chairman | OfficerTrustee | 1 | $0 |
John W Kocourek Secretary | OfficerTrustee | 1 | $0 |
Vojmir Benak Jr President | Officer | 1 | $0 |
James E Riha Director | Trustee | 1 | $0 |
Al Divoky Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $156,843 |
| Investment income | $163,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$585 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $320,174 |
| 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 | $0 |
| Other salaries and wages | $154,496 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $320 |
| Office expenses | $1,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,075 |
| Travel | $3,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $100 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,651 |
| Insurance | $2,623 |
| All other expenses | $11,980 |
| Total functional expenses | $308,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,144 |
| Savings and temporary cash investments | $41,488 |
| 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 | $72,087 |
| Investments—publicly traded securities | $2,440,347 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $37,111 |
| Other assets | $0 |
| Total assets | $2,662,177 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,045,835 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,616,342 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,662,177 |
Endowment Analysis
| Beg. Balance | $314,143 |
| Earnings | $22,606 |
| Other Expense | $10,043 |
| Ending Balance | $326,706 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Of America Wrestling Association Colorado Springs, CO | $12,261,611 | $11,087,912 |
Loveland Ski Club Inc Georgetown, CO | $367,022 | $1,348,379 |
Norco Juniors Inc Loveland, CO | $15,170,300 | $4,725,133 |
Team Evergreen Bicycle Club Inc Evergreen, CO | $0 | $409,404 |
Dubuque County Hockey Association Dubuque, IA | $95,811 | $363,416 |
Sokol South Omaha Omaha, NE | $2,662,177 | $320,174 |
Premier Booster Club Omaha, NE | $146,303 | $242,964 |
Bicycle Racing Association Of Colorado Littleton, CO | $81,605 | $0 |
Elite Competitive Gymnastics Association Lenexa, KS | $203,060 | $283,984 |
Road Runners Club Of America Kansas City, MO | $153,337 | $75,796 |
United States Fencing Foundation Colorado Springs, CO | $2,592,063 | $230,269 |
Road Runners Club Of America Saint Louis, MO | $222,659 | $0 |