Sokol South Omaha
- Assets
- $2.2m
- Revenue
- $490.5k
- Investments
- $0.0
- Employees
- 27
- Location
- Omaha, NE
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 47-0396406
Organization Overview
Sokol South Omaha is located in Omaha, NE. The organization was established in 1945. As of 12/2022, Sokol South Omaha employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sokol South Omaha is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sokol South Omaha generated $490.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $509.7k during the year ending 12/2022. While expenses have increased by 25.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH GYMNASTICS ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GYMNASTIC MEETS, CLINICS, LESSONS AND INSTRUCTORS OFFERING CZECH LANGUAGE LESSONS.
SOKOL MUSEUM TO DISPLAY CZECH HISTORY ARTIFACTS, BOOKS, CLOTHING, ETC. DURING 2022, SOKOL IS WORKING TO RE-ESTABLISH ITS MUSEUM OPERATIONS AND SPENT OVER $216,000 IN RELATED COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott A Altic Chairman | OfficerTrustee | 1 | $0 |
James E Riha Director | Trustee | 1 | $0 |
John W Kocourek Secretary | OfficerTrustee | 1 | $0 |
John Slezak Director | Trustee | 1 | $0 |
Andrew Dalton Director | Trustee | 1 | $0 |
Vojmir Benak Jr President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,508 |
| Total Program Service Revenue | $395,702 |
| Investment income | $94,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,214 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,132 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,343 |
| Office expenses | $712 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $161,563 |
| Travel | $5,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,415 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,871 |
| Insurance | $3,622 |
| All other expenses | $43,280 |
| Total functional expenses | $509,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,044 |
| Savings and temporary cash investments | $41,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $320,921 |
| Investments—publicly traded securities | $1,717,418 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $34,444 |
| Other assets | $0 |
| Total assets | $2,206,348 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,045,835 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,160,513 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,206,348 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Norco Juniors Inc Loveland, CO | $16,910,572 | $2,526,351 |
Loveland Ski Club Inc Georgetown, CO | $401,437 | $1,113,021 |
Sokol South Omaha Omaha, NE | $2,206,348 | $490,475 |
Dubuque County Hockey Association Dubuque, IA | $88,581 | $405,992 |
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Road Runners Club Of America Saint Louis, MO | $289,279 | $234,016 |
United States Fencing Foundation Colorado Springs, CO | $2,854,590 | $138,598 |
Elite Competitive Gymnastics Association Lenexa, KS | $379,640 | $205,746 |
Bicycle Racing Association Of Colorado Denver, CO | $0 | $0 |
Road Runners Club Of America Kansas City, MO | $126,746 | $68,293 |
Gymnastic Association Sokol Saint Louis, MO | $323,418 | $0 |
American Sokol Organization And Educational And Physical Culture O Cedar Rapids, IA | $610,899 | $39,084 |
South Lincoln Track Club Lincoln, NE | $50,735 | $0 |
Traveling Twirlers Inc Omaha, NE | $40,366 | $0 |