Significant decline in revenue from $20,620,124 in 2021 to $9,242,266 in 2023, raising questions about sustainability.
Expenses consistently exceed revenue in recent years (e.g., 2023: $9,443,914 expenses vs. $9,242,266 revenue), indicating a reliance on reserves or other non-operating income.
Strengths
Maintains substantial assets, with $90,477,618 in 2023, providing a strong financial cushion.
Consistently high percentage of spending on programs, indicating a strong commitment to its mission.
Long history of financial data available, demonstrating consistent reporting.
AI Transparency Report
Slovak Catholic Sokol is a unknown nonprofit based in Passaic, New Jersey, with reported revenue of $20.2M and assets of $89.4M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, as the 'c0%' likely indicates no reportable compensation for key employees above a certain threshold, suggesting a volunteer-driven or very low-paid leadership structure. Revenue has grown +56% across 13 filing periods.