Estonian World Council Inc
- Assets
- $672.1k
- Revenue
- $26.8k
- Investments
- $666.4k
- Employees
- 0
- Location
- Kensington, MD
- Founding
- 04/1983
- Data as of
- 12/2021
- EIN
- 52-1272134
Organization Overview
Estonian World Council Inc is located in Kensington, MD. The organization was established in 1983. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Estonian World Council 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, Estonian World Council Inc generated $26.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT ESTONIAN LANGUAGE CULTURAL EVENTS AND ACTIVITIES OF MEMBER COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaak Juhansoo President | 8 | $0 | |
Iri Luts Secretary | 4 | $0 | |
Veljo Areng Treasurer | 6 | $0 | |
See Attached See Attached | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,640 |
| Dividends & Interest | $8,955 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,076 |
| Capital Gain Net Income | $12,076 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $130 |
| Total Revenue | $26,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,635 |
| Total operating and administrative expenses | $49,618 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $49,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,762 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $672,138 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Estonian World Council Inc has awarded $1,219,149 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ESTONIAN STUDENT FUND IN USA INC PURPOSE: HIGHER EDUCATIONACHIEVING | $1,218,109 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Middle East Media And Research Institute Inc Washington, DC | $4,612,496 | $9,235,135 |
Middle East Forum Philadelphia, PA | $5,601,334 | $8,052,985 |
International Consortium Of Investigative Journalists Inc Washington, DC | $7,479,893 | $3,022,355 |
Israel Institute Inc Washington, DC | $4,523,703 | $683,865 |
U S Assoc For Intl Migration Washington, DC | $429,111 | $3,312,005 |
Us-Japan Council Washington, DC | $22,364,092 | $5,169,884 |
Global Integrity Washington, DC | $7,351,662 | $3,173,199 |
Ecopeace Middle East Environmental Ngo Forum Washington, DC | $4,125,251 | $2,987,389 |
National Peace Corps Association Washington, DC | $3,770,682 | $2,874,341 |
The 1890 Universities Foundation Washington, DC | $3,141,528 | $4,571,927 |
Arabia Foundation Washington, DC | $38,126 | $1,600,280 |
Beyond Borders Inc Norristown, PA | $1,569,645 | $2,578,672 |