Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Hungarian Community Club Inc
EIN 06-1554248 • 501(c)3 • Wallingford, CT
Profile
Protect hungarian heritage and culture
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Balance Sheet
Assets
Up$41,688
Up $3,962 (+11%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$41,688
Up $3,962 (+11%) from 2023
Revenue
Down$75,778
Down $39,064 (-34%) from 2023
Expenses
Down$79,303
Down $14,158 (-15%) from 2023
Net Income
Down-$3,525
Down $24,906 (-116%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $41,688
- Liabilities
- -
- Net assets
- $41,688
- Revenue
- $75,778
- Expenses
- $79,303
- Net income
- -$3,525
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.42 | $0.42 | $0.76 | $0.79 | $0.04 | |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.38 | $0.00 | $0.38 | $1.15 | $0.93 | $0.21 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.16 | $0.00 | $0.16 | $0.76 | $0.69 | $0.06 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jan 29, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $85,558
Mission and Program Overview
Mission
Protect Hungarian Heritage and Culture
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE HUNGARIAN CLUB FIRMLY ESTABLISHED ITSELF AS AN IMPORTANT BASE FOR OUR HUNGARIAN HERITAGE AND NOW SERVES AS A CULTURAL CENTER AND EVENT/ MEETING PLACE. | - | $79,303 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CSILLA SOMOGYI | Treasury | - | $0 | - | - |
| AKOS HORWATH | President | - | $0 | - | - |
| BARBARA KAPI | Secretary | - | $0 | - | - |
| KIM FORMICA | Membership C | - | $0 | - | - |
| LENKE KATA | Director | - | $0 | - | - |
| KLARA MESZAROS | Director | - | $0 | - | - |
| JOSEPH SZASZFAI | Member | - | $0 | - | - |
| JUDITH ZILAHY | Member | - | $0 | - | - |
| BALAZS SOMOGYI | Member | - | $0 | - | - |
| AKOS HORVATH | Rental Coord | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Festival | $8,182 | $8,182 | $7,363 | $819 |
| Total Events | $8,182 | $8,182 | $7,363 | $819 |
Filing and Contact Details
Filer
- Filer Name
- Hungarian Community Club Inc
- EIN
- 06-1554248
- Phone
- 2036340602
- Address
- PO BOX 1816, WALLINGFORD, CT 06492
Signing Officer
- Name
- Csilla Somogyi
- Title
- Treasury
- Phone
- 2036340602
- Signed
- 2025-01-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Jj Haffner Company LLC
- Address
- 85 BARNES RD STE 300, WALLINGFORD, CT 06492
- Preparer
- Robert Rejnin CPA
- Phone
- 2032696682
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Rental income 26,238 bar income 6,059 rental deposit 2,270 dividend income 1,110 vendor income 1,020 raffle 842 paypal 650 total 38,189”
Form 990-ez, Part I, Line 16
“Expenses advertising 319 bank charges 63 bar expenses 4,730 building improvement 11,514 building maintenance 7,780 business expense 2,150 business license 1,630 card payemnt 120 cooking class expense 60 donation expense 2,200 equipment purchase 40 event expense 9,367 hungarian school expense 900 general fund 2,861 ground maintenance 2,725 housekeeping 243 inspections 482 insurance 11,713 telephone / internet 169 meals 153 miscellaneous expense 467 office expense 809 repairs 500 rubbish 3,333 supplies 104 tax 6,885 utilities 4,241 website 745 seed expense 600 returned 900 refund deposit 1,500 total 79,303”
Form 990-ez, Part I, Line 20
“Prior period adjustments 7,487”
Raw XML Appendix180 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/OtherRevenueTotalAmt | 0 | 38189 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RENTAL INCOME 26,238 BAR INCOME 6,059 RENTAL DEPOSIT 2,270 DIVIDEND INCOME 1,110 VENDOR INCOME 1,020 RAFFLE 842 PAYPAL 650 TOTAL 38,189 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 319 BANK CHARGES 63 BAR EXPENSES 4,730 BUILDING IMPROVEMENT 11,514 BUILDING MAINTENANCE 7,780 BUSINESS EXPENSE 2,150 BUSINESS LICENSE 1,630 CARD PAYEMNT 120 COOKING CLASS EXPENSE 60 DONATION EXPENSE 2,200 EQUIPMENT PURCHASE 40 EVENT EXPENSE 9,367 HUNGARIAN SCHOOL EXPENSE 900 GENERAL FUND 2,861 GROUND MAINTENANCE 2,725 HOUSEKEEPING 243 INSPECTIONS 482 INSURANCE 11,713 TELEPHONE / INTERNET 169 MEALS 153 MISCELLANEOUS EXPENSE 467 OFFICE EXPENSE 809 REPAIRS 500 RUBBISH 3,333 SUPPLIES 104 TAX 6,885 UTILITIES 4,241 WEBSITE 745 SEED EXPENSE 600 RETURNED 900 REFUND DEPOSIT 1,500 TOTAL 79,303 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR PERIOD ADJUSTMENTS 7,487 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-01-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT REJNIN CPA |
| ReturnHeader/ReturnTs | 0 | 2025-01-29T19:14:25-05:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
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