American Latvian Association In The United States Inc
- Assets
- $8.7m
- Revenue
- $784.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Rockville, MD
- Founding
- 10/1952
- Data as of
- 12/2023
- 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 12/2023, American Latvian Association In The United States Inc employed 3 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 12/2023, American Latvian Association In The United States Inc generated $784.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. 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 46 individual grants totaling $784,655. 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
2023
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.
CULTURE: PROVIDES SUPPORT TO LATVIAN ESTABLISHMENTS TO BE ABLE TO CONGREGATE AND HOST CULTURAL EVENTS, PROVIDES AWARDS FOR CULTURAL PROJECTS LIKE MOVIES, BOOK PUBLISHING, ETC. ALSO PROVIDES SUPPORT AND AID TO LV BY PROVIDING AWARDS TO UNDERPRIVILEGED CHILDREN AND FAMILIES IN LV 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 MEMBERSHIPCONGRESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marisa Gudrais Executive Director | Officer | 40 | $85,287 |
Martins Andersons President | OfficerTrustee | 10 | $0 |
Andrejs Kancs Vice President | OfficerTrustee | 5 | $0 |
Anita Grivins Treasurer | OfficerTrustee | 10 | $0 |
Nora Steele - Through October 2023 Secretary | OfficerTrustee | 5 | $0 |
Ieva Dexter - From October 2023 Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,760 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $348,008 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,768 |
| Total Program Service Revenue | $150,257 |
| Investment income | $246,818 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,460 |
| Net Gain/Loss on Asset Sales | $3,471 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$114 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $784,218 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $107,200 |
| Grants and other assistance to domestic individuals. | $48,720 |
| Grants and other assistance to Foreign Orgs/Individuals | $254,125 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,719 |
| Compensation of current officers, directors, key employees. | $45,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,506 |
| Pension plan accruals and contributions | $2,488 |
| Other employee benefits | $7,133 |
| Payroll taxes | $13,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,453 |
| Fees for services: Accounting | $28,663 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,539 |
| Fees for services: Other | $13,559 |
| Advertising and promotion | $2,945 |
| Office expenses | $51,862 |
| Information technology | $12,199 |
| Royalties | $0 |
| Occupancy | $36,253 |
| Travel | $29,273 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $172,983 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,419 |
| Insurance | $7,004 |
| All other expenses | $0 |
| Total functional expenses | $1,106,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,041 |
| Savings and temporary cash investments | $806,540 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,700 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,530 |
| Prepaid expenses and deferred charges | $10,176 |
| Net Land, buildings, and equipment | $107,859 |
| Investments—publicly traded securities | $7,606,408 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,174 |
| Total assets | $8,689,428 |
| Accounts payable and accrued expenses | $17,521 |
| Grants payable | $0 |
| Deferred revenue | $180 |
| 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 | $0 |
| Other liabilities | $30,770 |
| Total liabilities | $48,471 |
| Net assets without donor restrictions | $5,708,189 |
| Net assets with donor restrictions | $2,932,768 |
| 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 | $8,689,428 |
Grants Awarded
Over the last fiscal year, American Latvian Association In The United States Inc has awarded $107,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD FEDERATION OF FREE LATVIANS PURPOSE: ALA ANNUAL MEMBESRHIP DUES | $20,000 |
LATVIAN CENTER GAREZERS PURPOSE: TO SUPPORT ONGOING CAMP AND SUMMER SCHOOL`S WORK | $29,000 |
JOINT BALTIC AMERICAN NATIONAL COMMITTEE PURPOSE: ALA ANNUAL MEMBESRHIP DUES | $33,600 |
WEST COAST LATVIAN EDUCATION CENTER PURPOSE: SUPPORT THE SUMMER CAMP | $14,600 |
LATVIAN AMERICAN CHAMBER OF COMMERCE PURPOSE: SPONSORSHIP OF THE ANNUAL BUSINESS CONFERENCE | $10,000 |