Polish Heritage Society
Nonprofit profile at a glance
- EIN
- 386283924
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Grand Rapids, MI, USA
- Phone
- 6162411110
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $20,092
- Expenses
- $30,520
- Assets
- $50,683
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- TERESA KOZAL BONHAM (PRESIDENT)
- JOHN THEISEN (1ST VICE PRESIDENT)
- ANTHONY ZASUWA (2ND VICE PRESIDENT)
People named in this filing
- TERESA KOZAL BONHAM (PRESIDENT)
- JOHN THEISEN (1ST VICE PRESIDENT)
- MICHAEL JASPERSE (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
To promote polish heritage
What it reported doing in 2024
To provide college scholarships to young adults in local polish community.
Operating model
- Revenue model
- Donor-supported. 73% of the money available for current operations came from contributions and gifts.
- 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 has grown recently. 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: 26
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 29.9%; rating input score 30
- Program expense ratio: 19.7%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -51.9%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 1.66; rating input score 60; 60th 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: -0.9% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: 46.1% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 29.9% of revenue deployed · 19.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.