Polonia Society Of Korona Fla Inc
- Assets
- $318.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Coast, FL
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 59-2274565
Organization Overview
Polonia Society Of Korona Fla Inc is located in Palm Coast, FL. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polonia Society Of Korona Fla Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Polonia Society Of Korona Fla Inc generated $56.8k 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 (4.9%) each year. All expenses for the organization totaled $31.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ENTERTAINMENT PROGRAMS TO FUTHER THE UNDERSTANDING AND ENHANCEMENT OF THE POLISH CULTURE AND 1000 YEAR CATHOLI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Brudz VP | 5 | $0 | |
Marcin Waszkiewicz President | 5 | $0 | |
Bozena Rybski Treasurer | 5 | $0 | |
Malgortzata Holik Sec | 5 | $0 | |
Maria Bilinski Fsd | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,430 |
| Total Program Service Revenue | $43,708 |
| Membership dues | $6,650 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,788 |
| 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 | $3,329 |
| Occupancy, rent, utilities, and maintenance | $1,300 |
| Printing, publications, postage, and shipping | $11 |
| Other expenses | $25,880 |
| Total expenses | $31,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,566 |
| Other assets | $0 |
| Total assets | $318,401 |
| Total liabilities | $1,531 |
| Net assets or fund balances | $316,870 |
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