Croatian American Society
- Assets
- $7.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Belle Chasse, LA
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 74-2611076
Organization Overview
Croatian American Society is located in Belle Chasse, LA. The organization was established in 1994. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is the central organization for a national or regional group of organizations. Croatian American Society 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 12/2023, Croatian American Society generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $377.7k during the year ending 12/2023. While expenses have increased by 15.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND ADVANCE THE HERITAGE AND CULTURE OF CROATIA TO CROATIAN COMMUNITIES AND PEOPLES RESIDING IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL AND FOOD FESTIVAL- A SOCIAL FUNCTION PROVIDED TO THE CROATIAN MEMBERSHIP AND COMMUNITY AT LARGE TO PROMOTE CROATIAN FOOD, DANCE AND HERITAGE.
OTHER FESTIVALS AND SOCIAL EVENTS TO PROMOTE CROATIAN CULTURE, LANGUAGE AND PEOPLES, AND BUILDING FUND.
GRETNA HERITAGE FESTIVAL - THE CROATIAN AMERICAN SOCIETY PROVIDES A CROATIAN BOOTH OFFERING CROATIAN FOOD, DRINK, SOUVENIRS AND MUSIC AT THIS ANNUAL FESTIVAL. THIS EVENT PROMOTES THE CROATIAN PEOPLES, CULTURE AND HERITAGE OF CROATIA.
LADIES LUNCHEON- A SOCIAL FUNCTION PROVIDED TO THE WOMEN OF THE CROATIAN AMERICAN SOCIETY MEMBERS AND COMMUNITY TO PROMOTE CROATIAN FOOD, DANCE, AND HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Skansi Board Member | Trustee | 2 | $0 |
Mark Cognevich Board Member | Trustee | 1 | $0 |
Mary Bilich Board Member | Trustee | 1 | $0 |
Antonija Cutura Board Member | Trustee | 1 | $0 |
George Cvitanovich Board Member | Trustee | 1 | $0 |
Anna Lincoln Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $72,681 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,842,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,915,667 |
| Total Program Service Revenue | $406,447 |
| Investment income | $349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,322,463 |
| 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 | $0 |
| 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 | $0 |
| Office expenses | $8,680 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,975 |
| 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 | $48,979 |
| Insurance | $60,088 |
| All other expenses | $0 |
| Total functional expenses | $377,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,072 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100,000 |
| 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 | $6,879,164 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,245,236 |
| 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 | $1,785,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,785,000 |
| Net assets without donor restrictions | $0 |
| 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 | $5,460,236 |
| Total liabilities and net assets/fund balances | $7,245,236 |