Slovene National Benefit Society 53

Nonprofit profile at a glance

EIN
237524285
IRS 990 coverage
2018–2020
Forms available
Form 990 2020, Form 990-N 2017
Location
Parma, OH, USA
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$969
Expenses
$41,263
Assets
$20,566
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • PAULINE BARBISH (PRESIDENT)

Highest reported compensation

  • MARTHA MEGLICH (SECYTREASURER): $300 total reported compensation
  • PAULINE BARBISH (PRESIDENT): $180 total reported compensation
  • DOROTHY COSO (AUDITORTRUSTEE): $70 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To unite eligible members in a fraternal beneficiary society under a lodge system which will pay to its members and their beneficiaries, death, disability, and sick benefits as well as providing cultural aid to its members and material support to worthy cultural institutions.

What it reported doing in 2020

The organization maintains an active role in aiding existing members and their family members as well as new members in obtaining life insurance policies, annuities, and other sick and accident insurance through their lodge program. The organization also takes a continuous, active role in providing material assistace to worthy related non-profit organizations who qualify for such assistance and encourage their members to also make individual contributions to such organiations.

Operating model

Revenue model
Affiliate-supported. 68% of the money available for current operations came from contributions from related organizations.
Distribution model
Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 91
  • Accountability: 68
  • Sustainability: 16
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 7th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.7%; rating input score 95; 57th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4,158.3%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 1.6%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 35% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -144.2% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -91.5% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $300 · 5 people listed
  • Consistency: 16 of 17 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 3 filing years from 2018 to 2020
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.