American Latvian Association In The United States Inc
- Assets
- $10.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Rockville, MD
- Founding
- 10/1952
- Data as of
- 12/2021
- EIN
- 53-0215408
Organization Overview
American Latvian Association In The United States Inc is located in Rockville, MD. The organization was established in 1952. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, American Latvian Association In The United States Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Latvian Association In The United States Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Latvian Association In The United States Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, American Latvian Association In The United States Inc has awarded 35 individual grants totaling $561,180. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PROGRAMS FOR AND ABOUT THE NATION OF LATVIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: ALA'S EDUCATIONAL PROGRAMS INCLUDE ALL PROGRAMS AND PROJECTS RELATING TO LATVIAN LANGUAGE EDUCATION, ASSISTANCE TO LATVIAN SCHOOLS, DISTRIBUTION OF EDUCATIONAL MATERIALS, AND EDUCATIONAL TRIPS TO LATVIA.
SUPPORT & AID TO LATVIA (FORMERLY COOPERATION WITH LATVIA): THIS PROGRAM INCLUDES ONLY ALA'S LONG-TIME ASSISTANCE PROGRAM TO UNDERPRIVILEGED CHILDREN AND FAMILIES IN LATVIA, IN COLLABORATION WITH NGOS CHILDREN'S FUND OF LATVIA AND ANGEL'S HEART.
INFORMATION: ALA'S INFORMATIONAL PROGRAMS INCLUDE ALL ORGANIZATIONAL REPRESENTATIONAL AND PR ACTIVITIES, THE DISSEMINATION OF INFORMATION ABOUT ALA'S PROGRAMS AND EVENTS AS WELL AS CURRENT EVENTS IN LATVIA, AND ACTIVITIES PERTAINING TO ALA MEMBERSHIP AND THE ANNUAL MEMBERSHIP CONGRESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marisa Gudrais Executive Director | Officer | 40 | $76,104 |
Anita Grivins Treasurer | OfficerTrustee | 15 | $0 |
Peteris Blumbergs President Thru 10/21 | OfficerTrustee | 15 | $0 |
Nora Muizniece-Steele Secretary | OfficerTrustee | 5 | $0 |
Martins Andersons VP Thru 10/21, Current President | OfficerTrustee | 10 | $0 |
Andrejs Kancs Assitant Treasurer Thru 10/21 | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $46,390 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,858 |
| All other contributions, gifts, grants, and similar amounts not included above | $612,699 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $684,947 |
| Total Program Service Revenue | $22,620 |
| Investment income | $187,036 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,368 |
| Net Gain/Loss on Asset Sales | $131,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$215 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,038,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $148,360 |
| Grants and other assistance to domestic individuals. | $26,999 |
| Grants and other assistance to Foreign Orgs/Individuals | $435,028 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,010 |
| Compensation of current officers, directors, key employees. | $43,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,781 |
| Pension plan accruals and contributions | $1,608 |
| Other employee benefits | $5,421 |
| Payroll taxes | $10,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,353 |
| Fees for services: Accounting | $35,391 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,937 |
| Fees for services: Other | $8,008 |
| Advertising and promotion | $3,757 |
| Office expenses | $64,721 |
| Information technology | $10,800 |
| Royalties | $0 |
| Occupancy | $36,741 |
| Travel | $5,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $123,841 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,783 |
| Insurance | $5,994 |
| All other expenses | $8,230 |
| Total functional expenses | $1,192,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,994 |
| Savings and temporary cash investments | $725,279 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,013 |
| Prepaid expenses and deferred charges | $3,503 |
| Net Land, buildings, and equipment | $73,311 |
| Investments—publicly traded securities | $8,955,316 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,024 |
| Total assets | $10,024,665 |
| Accounts payable and accrued expenses | $24,427 |
| Grants payable | $0 |
| Deferred revenue | $430 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $18,773 |
| Other liabilities | $0 |
| Total liabilities | $43,630 |
| Net assets without donor restrictions | $6,562,664 |
| Net assets with donor restrictions | $3,418,371 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,024,665 |
Grants Awarded
Over the last fiscal year, American Latvian Association In The United States Inc has awarded $148,360 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Three Rivers, MI PURPOSE: TO SUPPORT ONGOING CAMP AND SUMMER SCHOOL`S WORK | $39,900 |
Rockville, MD PURPOSE: ALA ANNUAL MEMBERSHIP DUES | $33,600 |
Melville, NY PURPOSE: SUPPORT FOR SUMMER CAMP | $22,000 |
LAIKS PURPOSE: GRANT TO HELP PUBLISH THE NEWSPAPER | $10,000 |
Redmond, WA PURPOSE: SUPPORT FOR SUMMER CAMP | $10,000 |
Rockville, MD PURPOSE: ALA ANNUAL MEMBERSHIP DUES | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Latvian Association In The United States Inc has recieved totaling $450.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $250 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $200 |
Endowment Analysis
| Beg. Balance | $1,288,490 |
| Earnings | $195,277 |
| Grants | $19,060 |
| Ending Balance | $1,464,707 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ukraine House Dc Foundation Inc Washington, DC | $1,061,730 | $19,720,781 |
Chinese Culture And Community Service Center Inc Gaithersburg, MD | $7,709,480 | $10,886,588 |
Kutztown University Foundation Kutztown, PA | $74,779,996 | $14,561,087 |
Association Of Science-Technology Centers Incorporated Washington, DC | $7,016,883 | $7,242,482 |
National Indian Gaming Association Washington, DC | $8,458,922 | $8,172,394 |
Greater Philadelphia Falun Dafa Association Philadelphia, PA | $1,063,316 | $4,579,656 |
Saudi Arabian U S Business Council Inc Vienna, VA | $3,546,346 | $2,319,248 |
Qatar-America Institute Washington, DC | $5,645,634 | $216,792 |
National Italian American Foundation Inc Washington, DC | $11,046,552 | $2,585,652 |
Center For Black Educator Development Elkins Park, PA | $576,593 | $2,351,434 |
Arab Center Washington Inc Washington, DC | $1,324,287 | $2,306,023 |
Conquistadores Del Cielo Williamsburg, VA | $361,595 | $2,072,328 |