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Nonprofiteer
← AMERICAN FINNISH TOURIST CLUB INC

Form 990 for tax year 2024

Filed by AMERICAN FINNISH TOURIST CLUB INC.

Totals

Total revenue
$87,221
Total expenses
$46,097
Contributions and grants received
$64,422
Grants paid
$0
Program service revenue
$0
Investment income
$3
Other revenue
$22,796
Total assets, end of year
$1,150,844
Total liabilities, end of year
$29,366
Net assets or fund balances, end of year
$1,121,478
Program services expenses (Part IX)
$38,357
Management and general expenses
$7,740
Fundraising expenses
$0
Program service expenses (Part III)
$38,357

Program services were 83.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $2,385

  • 1f · All other contributions, gifts and grants

    $62,037

  • 2a · Program service revenue: VARIOUS PRGM ACTIVITIES

  • 3 · Investment income

    total $3 · related or exempt $3

  • 6a · Gross rents

    real property $27,970

  • 6b · Less rental expenses

    real property $28,917

  • 6c · Rental income or loss

    real property -$947

  • 6d · Net rental income or loss

    total -$947 · unrelated business -$947

  • 8a · Fundraising events: gross income

    $20,362

  • 8b · Fundraising events: direct expenses

    $8,500

  • 8c · Net income from fundraising events

    total $11,862 · excluded $11,862

  • 10a · Gross sales of inventory

    $32,847

  • 10b · Cost of goods sold

    $20,966

  • 10c · Net income from sales of inventory

    total $11,881 · related or exempt $11,881

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $3,390 · management and general $3,390

  • 12 · Advertising and promotion

    total $2,362 · program services $2,362

  • 13 · Office expenses

    total $2,287 · program services $1,418 · management and general $869

  • 16 · Occupancy

    total $34,810 · program services $31,329 · management and general $3,481

  • 20 · Interest

    total $1,464 · program services $1,464

  • 23 · Insurance

    total $705 · program services $705

  • 24a · Other expenses: TAXES AND LICENSES

    total $1,079 · program services $1,079

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $108,685 · end of year $143,851

  • 8 · Inventories for sale or use

    beginning of year $2,897 · end of year $6,288

  • 10a · Land, buildings and equipment: cost or other basis

    $1,000,705

  • 10c · Land, buildings and equipment, net

    beginning of year $997,706 · end of year $1,000,705

  • 17 · Accounts payable and accrued expenses

    beginning of year $436 · end of year $866

  • 24 · Unsecured notes and loans payable

    beginning of year $28,500 · end of year $28,500

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,080,352 · end of year $1,121,478

Mission and programs · 2024

Mission

TO PROMOTE FINNISH CULTURE BY SERVING LUNCHES AND DINNERS TO MEMBERS & FINNISH VISITERS. TO ARRANGE DANCES & CONCERTS TO PRESERVE TANHUT AND OTHER OLD VANISHING DANCING STYLES, TO KEEP LIBRARY & LANGUAGE SCHOOL TO PROMOTE FINNISH LANGUAGE AND TO MAINTAIN.

  • FINNISH CULTURE IS PROMOTED BY ARRANGING DINNERS, LUNCHEONS AND BAKED GOODS SALES ALONG WITH DANCES. OTHER CULTURAL EVENTS WERE HELD AS WELL.

    Expenses $38,357

  • CULTURAL EVENTS AND CONCERTS WERE HELD.

  • DANCES AND SOCIAL GATHERINGS, MOVIE AND KARAOKE NIGHTS WERE HELD OFTEN.

As filed on the 2024 return.

Listed in Part VII

  • Jyrki Koivuharju

    PRESIDENT

    Total calculated
    $0
    Hours/week
    25

  • Jorma Olsson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • Reeta Snelman

    SECRETARY

    Total calculated
    $0
    Hours/week
    7

  • Jorma Peltola

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Minna Tervola

    MEMBERSHIPS MANAGER

    Total calculated
    $0
    Hours/week
    10

  • Sirpa Aho

    MEMBER

    Total calculated
    $0
    Hours/week
    30

  • Liisa Haarjarvi

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Riitta Nurminen

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Jouko Rita

    MEMBER

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
7 March 2025
IRS schema version
2024v5.1
Source object
202530999349300828

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