Slavic Village Development FY2020 filing

Tax-deductible

Cleveland, OH501(c)(3)Since 1980Community DevelopmentEIN 34-1344279

Slavic village development works with and for its residents, businesses, and instituions to promote civic engagement, community empowerment, and neighborhood investment.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$175K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $69K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$175K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $301K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
41% of total assets
Looks good: liabilities are 41% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 17 voting members
Looks good: 16 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
Spent
$2.5M
To programs
91%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$2.6M
FY2020
Revenue by fiscal year
FY2020$2.6M
FY2021$2.4M
FY2022$3.2M
FY2023$2.3M
FY2024$2.8M
FY2024$2.2M
Expenses
$2.5M
FY2020
Expenses by fiscal year
FY2020$2.5M
FY2021$2.1M
FY2022$2.9M
FY2023$2.3M
FY2024$3.0M
FY2024$2.2M
Net assets
$1.5M
FY2020
Net assets by fiscal year
FY2020$1.5M
FY2021$1.8M
FY2022$2.0M
FY2023$2.0M
FY2024$1.7M
FY2024$1.8M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $2.3M Management & general 7% · $178K Fundraising 2% · $40K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

19 people listed on the 990; $175K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$84,135Pt VII · Sec A
$79,948Pt VII · Sec A
$10,665Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Shauna Sanders’s $84K as Executive Di is at the 12th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Christopher Alvarado—$23,008$100,100$92,710—$84,135
Michael Geregach JR——$71,023$90,789—$79,948
Christopher Alvarado————$89,194—
Michael Geregach JR————$85,836—
Shauna Sanders$84,090$37,500————
Marilyn Mosinkski—$77,647————
Rob Stunek$45,681$72,785————
Krume Stojanovski—————$10,665

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Slavic Village Development executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers residents and businesses to invest in their neighborhood through civic engagement.

Provided by the organization

This section is blank until Slavic Village Development claims this page.

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3 program services account for $2.3M of program spending, described in the organization's own filed words · FY2019.
01

Slavic village development (SVD) is a non-profit organization whose mission is to work with and for its residents, businesses, and institutions to promote civic engagement, community empowerment, and neighborhood investment.

$906Kprogram expense
02

SVD is a lead partner for the third federal foundation-funded slavic village p-16. Over the past year, through the work of SVD and its partners, the following educational accomplishments were met: -all five cleveland metropolitan school district k-8 schools continued to make improvements in attendance and test scores, with all students…

$899Kprogram expense
03

In response to the coronavirus epidemic, SVD distributed nearly 1,400 health kits which included multiple masks, sanitizer, alcohol wipes, thermometers, and resource information. In partnership with other neighborhood organizations, SVD staff and volunteers personally reached out to over 5,000 households to identify and address pressing…

$457Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$2.3M
Fees for servicesLn 2g$209K
Investment incomeLn 3$66K
Money outPt IX
$2.5M
Ln 25
Programscol B$2.3M
Managementcol C$178K
Fundraisingcol D$40K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$554K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
19
listed · VII A
PaidVII A3
Voting boardVI 1a17
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$586K
Fees for servicesLn 2g$209K
Investment incomeLn 3$66K
Gains on assetsLn 7$66K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$229K
SavingsLn 2$325K
Cash and savings togetherLn 1–2$554K
Land, buildings, equipmentLn 10c$333K
Other assetsLn 15$405K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.0M
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 518
VolunteersI 675
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$336K$554K
Land, buildings, equipmentLn 10c$350K$333K
Total assetsLn 16$2.4M$2.5M
LiabilitiesLn 26$1.1M$1.0M
Net assetsLn 32$1.4M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$164K$131K$28K$5K
Other salaries and wagesLn 7$533K$464K$67K$2K
Pension plan contributionsLn 8$31K$27K$4K
Other employee benefitsLn 9$120K$89K$30K
Payroll taxesLn 10$54K$46K$7K$564
Legal feesLn 11b$588$588
Accounting feesLn 11c$6K$5K$881
Other fees for servicesLn 11g$381K$371K$3K$7K
Advertising and promotionLn 12$5K$2K$2K$2K
Office expensesLn 13$95K$74K$7K$14K
Information technologyLn 14$12K$10K$1K
OccupancyLn 16$92K$77K$14K$250
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$27K$17K$2K$8K
InterestLn 20$21K$18K$2K
Depreciation, depletion and amortizationLn 22$17K$15K$2K
InsuranceLn 23$19K$11K$8K
Other expenses (24a–d)Ln 24$901K$901K
Total functional expensesLn 25$2.5M$2.3M$178K$40K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.8M$3.0M−$247K$1.7M 990 PDF
FY2023 $2.3M$2.3M$258$2.0M 990 PDF
FY2022 $3.2M$2.9M$218K$2.0M 990 PDF
FY2021 $2.4M$2.1M$290K$1.8M 990 PDF
FY2020 Viewing $2.6M$2.5M$83K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $2,563,261 across 7 lines filed
VIII-1e Government grants$585,987
VIII-1f All other contributions, gifts and grants$1,702,504
VIII-1h Total contributions, gifts and grants$2,288,491
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $208,768$208,768
VIII-3 Investment incomeExcluded from tax $229$229
VIII-7 Net gain or loss on sales of assetsRelated to mission $65,773$65,773
VIII-12 Total revenueRelated to mission $274,541 · Excluded from tax $229$2,563,261
Part IX · Statement of functional expenses $2,480,528 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $130,762 · Management $27,834 · Fundraising $5,487$164,083
IX-7 Other salaries and wagesPrograms $464,445 · Management $67,029 · Fundraising $1,755$533,229
IX-8 Pension plan contributionsPrograms $27,402 · Management $4,095$31,497
IX-9 Other employee benefitsPrograms $89,063 · Management $30,473$119,536
IX-10 Payroll taxesPrograms $46,294 · Management $7,378 · Fundraising $564$54,236
IX-11b Legal feesPrograms $588$588
IX-11c Accounting feesPrograms $5,285 · Management $881$6,166
IX-11g Other fees for servicesPrograms $370,636 · Management $2,755 · Fundraising $7,470$380,861
IX-12 Advertising and promotionPrograms $1,693 · Management $1,500 · Fundraising $2,041$5,234
IX-13 Office expensesPrograms $74,342 · Management $6,627 · Fundraising $13,675$94,644
IX-14 Information technologyPrograms $10,062 · Management $1,470$11,532
IX-16 OccupancyPrograms $77,495 · Management $13,887 · Fundraising $250$91,632
IX-17 TravelPrograms $2,776$2,776
IX-19 Conferences, conventions and meetingsPrograms $16,963 · Management $1,679 · Fundraising $8,364$27,006
IX-20 InterestPrograms $18,246 · Management $2,315$20,561
IX-22 Depreciation, depletion and amortizationPrograms $14,601 · Management $2,434$17,035
IX-23 InsurancePrograms $11,415 · Management $7,838$19,253
IX-24 Other expenses (24a–d)Programs $900,659$900,659
IX-25 Total functional expensesPrograms $2,262,727 · Management $178,195 · Fundraising $39,606$2,480,528
Part X · Balance sheet $2,486,245 assets, 15 lines filed
Asset lines not itemized here account for $853,740; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $313,574$229,184
X-2 Savings and temporary cash investmentsStart of year $22,306$325,148
X-3 Pledges and grants receivableStart of year $315,670$175,234
X-4 Accounts receivableStart of year $165,043$164,619
X-9 Prepaid expenses and deferred chargesStart of year $747$292
X-10c Land, buildings and equipment, netStart of year $349,669$332,634
X-15 Other assetsStart of year $412,575$405,394
X-16 Total assetsStart of year $2,433,324$2,486,245
X-17 Accounts payable and accrued expensesStart of year $27,408$26,152
X-25 Other liabilitiesStart of year $14,146$19,074
X-26 Total liabilitiesStart of year $1,055,944$1,026,495
X-27 Net assets without donor restrictionsStart of year $1,178,039$1,261,408
X-28 Net assets with donor restrictionsStart of year $199,341$198,342
X-32 Total net assets or fund balancesStart of year $1,377,380$1,459,750
X-33 Total liabilities and net assetsStart of year $2,433,324$2,486,245
Part XI · Reconciliation of net assets $1,459,750 net assets at year end
XI-1 Total revenue$2,563,261
XI-2 Total expenses$2,480,528
XI-3 Revenue less expenses$82,733
XI-4 Net assets at start of year$1,377,380
XI-9 Other changes in net assets−$363
XI-10 Net assets at end of year$1,459,750

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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