FINLANDIA FOUNDATION NATIONAL INC Charity Report

Public IRS 990 nonprofit record

FINLANDIA FOUNDATION NATIONAL INC

EIN 95-6098250 · Single Organization Support (A11)

What they do

AS THE PREMIER FINNISH-AMERICAN CULTURAL ORGANIZATION, FINLANDIA FOUNDATION NATIONAL CHAMPIONS A VIBRANT FINNISH-AMERICAN HERITAGE and LEGACY THAT BUILDS BRIDGES BETWEEN MODERN FINLAND and THE UNITED STATES, ENABLING PEOPLE of ALL BACKGROUNDS to SHARE IN THE TRADITIONS, VALUES, and SPIRIT of FINLAND and FINNISH AMERICA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

15.76%of revenue went to mission work71.1% of expenses · Program services

0.91%of revenue went to fundraising4.1% of expenses

$22.17spent for every $100 of revenueRevenue covered expenses this year.

5.50%of revenue went to management and office costs24.8% of expenses

$7.46in assets for every $1 spent this yearSome assets cannot be spent right away.

86.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $185,114 for THOMAS FLANAGAN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,183,210

Mission workProgram services$1,132,42515.76% of revenue71.1% of expenses

ManagementOffice and general costs$395,0305.50% of revenue24.8% of expenses

FundraisingAsking for donations$65,2830.91% of revenue4.1% of expenses

Revenue left after expensesReported annual surplus$5,590,47277.83% of revenueShown in gray on the chart

Total expenses$1,592,73822.17% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.1% mission · 24.8% management · 4.1% fundraisingTotal expenses: 22.17% of revenue

2023Expense mix: 79.5% mission · 17.7% management · 2.8% fundraisingTotal expenses: 66.87% of revenue

2022Expense mix: 67.3% mission · 26.7% management · 6.0% fundraisingTotal expenses: 124.09% of revenue

2021Expense mix: 62.5% mission · 30.9% management · 6.5% fundraisingTotal expenses: 36.55% of revenue

2020Expense mix: 57.5% mission · 35.7% management · 6.8% fundraisingTotal expenses: 54.23% of revenue

2019Expense mix: 63.4% mission · 30.8% management · 5.9% fundraisingTotal expenses: 122.93% of revenue

Money in and money out

Revenue$7,183,210

Expenses$1,592,738

Annual surplus $5,590,472 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,132,425 · 71.1% of expenses

Management and office costs$395,030 · 24.8% of expenses

Fundraising$65,283 · 4.1% of expenses

See all reported dollar amounts

Revenue$7,183,210

Expenses$1,592,738

Assets$11,875,107

Income$7,194,613

Contributions$6,192,745

Mission work (program services)$1,132,425

Fundraising$65,283

Grants given$144,800

Average grant$28,960

Management and general$395,030

Stocks and bonds$10,392,741

Accounting fees$14,950

Investing fees$65,250

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THOMAS FLANAGANEXECUTIVE DIRECTOR · 40 hrs/week $185,114Base $181,250 · Other $3,864

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

THOMAS FLANAGANEXECUTIVE DIRECTOR

KATARIINA LEHTONENTRUSTEE

TIMOTHY NURVALATRUSTEE

TEUVO PULKKINENTRUSTEE

TARJA SILVERMANTRUSTEE

PETER MAKILATRUSTEE

PAUL HALMEEXECUTIVE VICE PRESIDENT

PAIVI TETRIPRESIDENT

MICHEL WENDELLTRUSTEE

KIRSI ST MARIETRUSTEE

ANNE-MARI PASTERTREASURER

JON JURVATRUSTEE

JACQUELINE HARJULASECRETARY

ELLEN HARJUTRUSTEE

ELAINE KUMPULATRUSTEE

EEVA SYVANENTRUSTEE

DIRK SCHULBACHTRUSTEE

DAVID ROWETRUSTEE

ANNIKA AHONALATRUSTEE

About this charity

Recognized since: January 1987
Location: 254 N LAKE AVE 852, PASADENA, CA 91101-1829
County: Los Angeles
In care of: PAIVI TETRI
Primary officer: PAIVI TETRI, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailoffice@finlandiafoundation.org Phone(626) 795-2081

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: MANER COSTERISAN PC
NTEE classification: Single Organization Support (A11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes