Civic Intelligence

Serb National Federation

EIN 25-0786950 • 501(c)8 • Pittsburgh, PA

Profile

Promote Serbian Culture, Education, & Religion.

920 Poplar StreetPittsburgh, PA 15220

www.snflife.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.97x

Higher debt load relative to assets than 94% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

3.45x

Higher debt load relative to revenue than 89% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Net Margin

26th percentile

-2.6%

Higher net margin than 26% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

61st percentile

8.1%

Faster asset growth than 61% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2022 to 2024

Revenue Growth

91st percentile

97%

Faster revenue growth than 91% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2022 to 2024

Assets

Up

$58,927,739

Up $8,513,251 (+17%) from 2022

Liabilities

Up

$57,235,754

Up $9,199,995 (+19%) from 2022

Net Assets

Down

$1,691,985

Down $686,744 (-29%) from 2022

Revenue

Up

$16,601,694

Up $12,333,817 (+289%) from 2022

Expenses

Up

$17,029,778

Up $12,105,603 (+246%) from 2022

Net Income

Up

-$428,084

Up $228,214 (+35%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $32,623,903Liabilities 2010: $31,569,759Net Assets 2010: $1,054,1442010Assets 2011: $35,462,473Liabilities 2011: $34,031,252Net Assets 2011: $1,431,2212011Assets 2012: $38,262,524Liabilities 2012: $36,639,211Net Assets 2012: $1,623,3132012Assets 2013: $40,126,298Liabilities 2013: $38,032,373Net Assets 2013: $2,093,9252013Assets 2014: $41,141,315Liabilities 2014: $38,854,268Net Assets 2014: $2,287,0472014Assets 2015: $41,208,481Liabilities 2015: $38,659,034Net Assets 2015: $2,549,4472015Assets 2017: $44,816,512Liabilities 2017: $41,692,343Net Assets 2017: $3,124,1692017Assets 2018: $46,069,278Liabilities 2018: $42,914,560Net Assets 2018: $3,154,7182018Assets 2019: $48,289,362Liabilities 2019: $44,611,886Net Assets 2019: $3,677,4762019Assets 2020: $47,766,618Liabilities 2020: $44,303,724Net Assets 2020: $3,462,8942020Assets 2021: $50,402,981Liabilities 2021: $47,367,954Net Assets 2021: $3,035,0272021Assets 2022: $50,414,488Liabilities 2022: $48,035,759Net Assets 2022: $2,378,7292022Assets 2024: $58,927,739Liabilities 2024: $57,235,754Net Assets 2024: $1,691,9852024

Highlighted filing

2024

Assets$58,927,739
Liabilities$57,235,754
Net Assets$1,691,985

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,223,7452010Expenses 2011: $3,871,8292011Expenses 2012: $3,314,3382012Revenue 2013: $4,773,643Expenses 2013: $4,303,031Net Income 2013: $470,6122013Revenue 2014: $3,181,034Expenses 2014: $2,987,912Net Income 2014: $193,1222014Revenue 2015: $3,080,635Expenses 2015: $2,818,235Net Income 2015: $262,4002015Revenue 2017: $4,229,651Expenses 2017: $4,053,607Net Income 2017: $176,0442017Revenue 2018: $3,477,078Expenses 2018: $3,446,529Net Income 2018: $30,5492018Revenue 2019: $4,054,380Expenses 2019: $3,531,622Net Income 2019: $522,7582019Revenue 2020: $5,893,028Expenses 2020: $6,107,610Net Income 2020: -$214,5822020Revenue 2021: $6,645,334Expenses 2021: $7,073,201Net Income 2021: -$427,8672021Revenue 2022: $4,267,877Expenses 2022: $4,924,175Net Income 2022: -$656,2982022Revenue 2024: $16,601,694Expenses 2024: $17,029,778Net Income 2024: -$428,0842024

Highlighted filing

2024

Revenue$16,601,694
Expenses$17,029,778
Net Income-$428,084

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.9$57.2$1.69$16.6$17.0$0.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.4$48.0$2.38$4.27$4.92$0.66
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.4$47.4$3.04$6.65$7.07$0.43
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.8$44.3$3.46$5.89$6.11$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.3$44.6$3.68$4.05$3.53$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.1$42.9$3.15$3.48$3.45$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.8$41.7$3.12$4.23$4.05$0.18
2015Detailed filing. Detailed filing data is available for this year.$41.2$38.7$2.55$3.08$2.82$0.26
2014Detailed filing. Detailed filing data is available for this year.$41.1$38.9$2.29$3.18$2.99$0.19
2013Detailed filing. Detailed filing data is available for this year.$40.1$38.0$2.09$4.77$4.30$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.3$36.6$1.62$3.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$34.0$1.43$3.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$31.6$1.05$4.22
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$4,267,877
Mission and Program Overview

Mission

Promote Serbian Culture, Education and Religion.

Promote Serbian Culture, Education, Religion and Heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$48,808,949$48,682,946▼ $126,003
Rtn Earn Endowment Incm Other Fnds$3,035,027$2,378,729▼ $656,298
Savings and Temporary Cash Investments$384,561$363,712▼ $20,849
Land, Buildings, and Equipment, Net$320,874$310,962▼ $9,912
Cash and Non-Interest-Bearing Accounts$34,342$236,925▲ $202,583
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$50,402,981$50,414,488▲ $11,507
Other Assets Total$854,255$819,943▼ $34,312
Liabilities
Other Liabilities$47,281,419$47,919,077▲ $637,658
Accounts Payable and Accrued Expenses$86,535$116,682▲ $30,147
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$47,367,954$48,035,759▲ $667,805
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,035,027$2,378,729▼ $656,298
Total Liabilities and Net Assets / Fund Balance$50,402,981$50,414,488▲ $11,507

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$233,962$27,964$261,926
Land$77,000-$77,000
Other Land Buildings$0$0$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dane Alexander MedichPresidentPT$8,550$8,550
Milana MiloshSecretary-$1,100$1,100
Brian Pyevich2nd Vice President-$1,100$1,100
Ted Potkonjak1st Vice President-$1,100$1,100
Cheryl LeydigDirector-$1,000$1,000
Milan MartichDirector-$1,000$1,000
Sasha PribichDirector-$1,000$1,000
Zoran ZlojutroDirector-$1,000$1,000
Tijana RaketicDirector-$900$900
Greg VolitichTreasurer-$650$650
William KreigerTreasurer-$350$350

Board Members and Trustees

NameTitle
Michael BorkovichDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,179,486
Other Revenue
$2,088,391
Change in Net Assets
$-656,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,267,877
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$4,267,877
Total Revenue per Form 990
$4,267,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,070,324
Salaries, Compensation, and Employee Benefits$350,691
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$3,503,160--$3,503,160
Other Salaries and Wages$281,386$0$0$281,386
Fees for Service Investment Mgmnt Fees$232,986$0$0$232,986
Other Expenses$186,950$0$0$186,950
Fees for Services Accounting$172,134$0$0$172,134
Information Technology$67,369$0$0$67,369
Travel$58,686$0$0$58,686
Office Expenses$47,674$0$0$47,674
Occupancy$30,000$0$0$30,000
Payroll Taxes$24,014$0$0$24,014
Current Officers, Directors, Trustees, and Key Employees$17,750$0$0$17,750
Pension Plan Contributions$14,099$0$0$14,099
Other Employee Benefits$13,442$0$0$13,442
Advertising$12,569$0$0$12,569
Insurance$6,731$0$0$6,731
Conferences and Meetings$2,500$0$0$2,500
Total Functional Expenses$4,924,175$0$0$4,924,175

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,924,175
Total Expenses per Audited Statements$4,924,175
Total Expenses per Form 990$4,924,175
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Life Contract Aggregate Reserves$40,857,000
Amounts Witheld or Retained by Society$4,252,614
Interest Maintenance Reserve$2,332,882
Asst Valuation Reserves$184,287
Contract Claims - Life$150,000
Deposit Type Contracts$124,000
Dividend Liability$10,000
Premium Received in Advance$8,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership is simultaneous with the application for the life insurance or annuity policy. Therefore, when life insurance or annuity policies are purchased, the individual automatically becomes a member of the Organization.

Form 990, Part VI, Section A, Line 7A

Convention is held every four years to elect Officers and Board Members.

Form 990, Part VI, Section A, Line 7B

Delegates approve any proposed bylaw changes at the convention.

Form 990, Part VI, Section B, Line 11B

Principle officer reviews prior to submission.

Form 990, Part VI, Section B, Line 12C

There aren't services required, nor financial transactions accepted with officers, directors, trustees, or other key employees without previous approval by the Board.

Form 990, Part VI, Section B, Line 15

Compensation has remained unchanged and is comparable to or much less than the industry standards.

Form 990, Part VI, Section C, Line 19

Available upon request. Also, the Official Publication is utilized to provide financial statements.

Filing and Contact Details

Filer

Filer Name
Serb National Federation
EIN
25-0786950
Phone
4124585227
Address
920 Poplar Street, Pittsburgh, PA 15220

Signing Officer

Name
Brian Pyevich
Title
President
Phone
4124585227
Signed
2023-11-02

Organization Details

Principal Officer
Brian Pyevich
Formed
1929
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
10
Volunteers
220
Raw XML AppendixShowing 400 of 644 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.

Path#Value
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd015220
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IRS990/Form990PartVIISectionAGrp/PersonNm0Dane Alexander Medich
IRS990/Form990PartVIISectionAGrp/PersonNm1Ted Potkonjak
IRS990/Form990PartVIISectionAGrp/PersonNm2Brian Pyevich
IRS990/Form990PartVIISectionAGrp/PersonNm3Milana Milosh
IRS990/Form990PartVIISectionAGrp/PersonNm4Cheryl Leydig
IRS990/Form990PartVIISectionAGrp/PersonNm5Milan Martich
IRS990/Form990PartVIISectionAGrp/PersonNm6Sasha Pribich
IRS990/Form990PartVIISectionAGrp/PersonNm7Zoran Zlojutro
IRS990/Form990PartVIISectionAGrp/PersonNm8Tijana Raketic
IRS990/Form990PartVIISectionAGrp/PersonNm9Greg Volitich
IRS990/Form990PartVIISectionAGrp/PersonNm10William Kreiger
IRS990/Form990PartVIISectionAGrp/PersonNm11Michael Borkovich
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11100
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt11st Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt22nd Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/InformationTechnologyGrp/TotalAmt067369
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/LandBldgEquipCostOrOtherBssAmt0338926
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt129071
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2169954
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt129071
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2169954
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0281386
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IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt024014

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