Hungarian American Association of Washington
Nonprofit profile at a glance
- EIN
- 911265826
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Seattle, WA, USA
- Phone
- 3606497823
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $76,723
- Expenses
- $53,580
- Assets
- $362,669
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Zsuzsanna Kensell (President)
- Borbola Gorog (Vice President)
People named in this filing
- Zsuzsanna Kensell (President)
- Borbola Gorog (Vice President)
- Barbara Sprute (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are a cultural and educational organization with a mission to assist in preserving our Hungarian heritage and creating a better understanding and appreciation of the Hungarian culture in the local community.
What it reported doing in 2024
School program providing language practice and cultural celebrations, Hungarian Scout Troop #45 providing outdoor activity and cultural experiences, cultural events including dance ensemble
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26%; rating input score 26
- Program expense ratio: 37.3%; rating input score 37
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 30.2%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 6.77; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -22.4% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 26% of revenue deployed · 37.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 26/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.