Polish & Slavic Center Inc
Polish & Slavic Center Inc shows strong asset growth and consistent revenue with no reported officer compensation.
EIN: 112285970 · Brooklyn, NY · NTEE: P840 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Polish & Slavic Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Polish & Slavic Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Polish & Slavic Center Inc
Polish & Slavic Center Inc (EIN: 112285970) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code P840. The organization reported total revenue of $3.6M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Polish & Slavic Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Polish & Slavic Center Inc is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$190K |
| Total Assets | $1.5M |
| Total Liabilities | $285K |
| Net Assets | $1.2M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 18.9% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2023, Polish & Slavic Center Inc reported a surplus of $190K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Polish & Slavic Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +0.3% | +50.5% |
| 2022 | +74.3% | +53.3% | +3.1% |
| 2021 | -12.8% | -6.9% | +16.2% |
| 2020 | +0.9% | -5.7% | +94.8% |
| 2019 | +61.2% | +109.9% | -33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Polish & Slavic Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Polish & Slavic Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $190K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $3 million. This suggests either a fully volunteer executive leadership or compensation structured in a way that is not categorized as officer compensation on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Polish & Slavic Center Inc's IRS 990 filings:
- 0% reported officer compensation, which is unusual for an organization of this size and could mask executive benefits or compensation reported in other categories.
Strengths
The following positive indicators were identified for Polish & Slavic Center Inc:
- Strong asset growth, increasing from $429,260 in 2019 to $2,500,225 currently.
- Consistent revenue generation, with latest revenue at $3,550,299.
- History of consistent IRS 990 filings, indicating good transparency practices.
- Expenses generally align with or are below revenue, suggesting sound financial management.
Frequently Asked Questions about Polish & Slavic Center Inc
Is Polish & Slavic Center Inc a legitimate charity?
Polish & Slavic Center Inc (EIN: 112285970) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Polish & Slavic Center Inc spend its money?
Polish & Slavic Center Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Polish & Slavic Center Inc tax-deductible?
Polish & Slavic Center Inc is registered as a tax-exempt nonprofit (EIN: 112285970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Polish & Slavic Center Inc CEO make?
Polish & Slavic Center Inc's highest-compensated officer earns $3 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Polish & Slavic Center Inc's spending goes to programs?
Polish & Slavic Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Polish & Slavic Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Polish & Slavic Center Inc is above average for NTEE category P840 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Polish & Slavic Center Inc located?
Polish & Slavic Center Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112285970. It is classified under NTEE code P840.
How many years of IRS 990 filings does Polish & Slavic Center Inc have?
Polish & Slavic Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.6M in total revenue.
Is Polish & Slavic Center Inc a good charity?
Based on the available data, the organization demonstrates financial stability, strong asset growth, and consistent revenue. The lack of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, assuming leadership is adequately supported. A more detailed breakdown of program spending would further clarify its impact.
How does Polish & Slavic Center Inc manage its assets?
The organization has shown significant asset growth, from $429,260 in 2019 to $2,500,225 currently. This indicates effective asset management or successful capital campaigns, contributing to its long-term financial health.
What is the trend in revenue and expenses for Polish & Slavic Center Inc?
Revenue has generally been stable, averaging around $2 million annually, with a notable increase to $3,197,831 in 2023 and $3,550,299 currently. Expenses have largely tracked revenue, indicating a balanced operational budget and responsible spending.
Filing History
IRS 990 filing history for Polish & Slavic Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Polish & Slavic Center Inc's revenue has grown by 103.1%, moving from $1.6M to $3.2M. Total assets increased by 47.2% over the same period, from $1.0M to $1.5M. Total functional expenses rose by 56.9%, from $1.9M to $3.0M. In its most recent filing year (2023), Polish & Slavic Center Inc reported a surplus of $190K, with revenue exceeding expenses. The organization holds $285K in liabilities against $1.5M in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.0M | $1.5M | $285K | — | — |
| 2022 | $3.3M | $3.0M | $1.0M | $285K | — | View 990 |
| 2021 | $1.9M | $2.0M | $972K | $601K | — | — |
| 2020 | $2.2M | $2.1M | $836K | $391K | — | View 990 |
| 2019 | $2.1M | $2.2M | $429K | $39K | — | View 990 |
| 2018 | $1.3M | $1.1M | $646K | $163K | — | View 990 |
| 2017 | $1.9M | $2.1M | $364K | $128K | — | View 990 |
| 2016 | $1.9M | $2.0M | $428K | $56K | — | View 990 |
| 2015 | $1.8M | $1.9M | $678K | $240K | — | View 990 |
| 2014 | $1.8M | $1.9M | $697K | $136K | — | View 990 |
| 2013 | $1.8M | $1.9M | $743K | $83K | — | View 990 |
| 2012 | $1.7M | $1.8M | $789K | $53K | — | View 990 |
| 2011 | $1.6M | $1.9M | $1.0M | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.0M, and assets of $1.5M (revenue -2.5% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.0M, and assets of $1.0M (revenue +74.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.0M, and assets of $972K (revenue -12.8% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.1M, and assets of $836K (revenue +0.9% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $429K (revenue +61.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.1M, and assets of $646K (revenue -31.8% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.1M, and assets of $364K (revenue +1.7% year-over-year).
- 2016: Revenue of $1.9M, expenses of $2.0M, and assets of $428K (revenue +7.4% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $678K (revenue -1.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.9M, and assets of $697K (revenue +1.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $743K (revenue +5.1% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.8M, and assets of $789K (revenue +7.5% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.9M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Polish & Slavic Center Inc:
Data Sources and Methodology
This transparency report for Polish & Slavic Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.