Lao Global Heritage Alliance is located in Bristow, VA. The organization was established in 2019. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lao Global Heritage Alliance 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, Lao Global Heritage Alliance generated $76.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $72.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LAO GLOBAL HERITAGE ALLIANCE WAS ESTABLISHED, BY THE CONCERNED LAO COMMUNITY IN THE WASHINGTON DC AREA, WITH THE MISSION TO: 1) HELP PROMOTE LAO COMMUNITY COHESIVENESS. 2) HELP THE PREVENTION AND COMBATING OF CORRUPTION ACTIVITIES IN NON-PROFIT 501(C)(3) CHARITABLE ORGANIZATION TO INCLUDE THE WAT LAO TEMPLE. 3) HELP PROVIDE AND ENCOURAGE THE TRANSPARENCY OF FINANCIAL MANAGEMENT, ORGANIZATIONAL MANAGEMENT, BOARD OF DIRECTORS' ELECTIONS IN NON-PROFIT 501(C)(3) CHARITABLE ORGANIZATION TO INCLUDE THE WAT LAO TEMPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LGHA 2.0 OPERATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vilayphone Panyasithavong President | Officer | 10 | $0 |
Vilayvone Visoutsri Secretary | Officer | 3 | $0 |
Kongham Nanthavong Treasurer | Officer | 3 | $0 |
Bounchanh Senthavong Board Of Director | Trustee | 10 | $0 |
Sen Panthavong Board Of Director | Trustee | 10 | $0 |
David Phommavong Board Of Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,440 |
Fundraising events | $34,629 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,433 |
Noncash contributions included in lines 1a–1f | $8,265 |
Total Revenue from Contributions, Gifts, Grants & Similar | $62,502 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $13,475 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $75,977 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $47,431 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $285 |
Advertising and promotion | $0 |
Office expenses | $5,082 |
Information technology | $3,914 |
Royalties | $0 |
Occupancy | $0 |
Travel | $10,798 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $84 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $346 |
All other expenses | $0 |
Total functional expenses | $72,099 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,409 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $27,409 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $11,576 |
Net assets with donor restrictions | $15,833 |
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 | $27,409 |
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