Civic Intelligence

American Lithuanian Business Council Co Williams & Jensen PLLC

EIN 46-2403200 • 501(c)6 • Washington, DC

Profile

The american lithuanian business council strives to expand the us- lithuanian trade and investment to a wide variety of business sectors. Based upon the requirements and needs of its members, the council can design sector specific events geared to promote trade and expand opportunity in agriculture, aviation, telecommunications, technology, tourism, banking and finance.

1201 Pennsylvania Ave Suite 800Washington, DC 20004

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

9th percentile

-68%

Higher net margin than 9% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-44%

Faster revenue growth than 13% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $71,700 (-100%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $51,080 (-100%) from 2018

Revenue

Down

$75,000

Down $60,000 (-44%) from 2018

Expenses

Up

$126,080

Up $15,406 (+14%) from 2018

Net Income

Down

-$51,080

Down $75,406 (-310%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2014: $94,415Liabilities 2014: $6,192Net Assets 2014: $88,2232014Assets 2015: $76,538Liabilities 2015: $23,541Net Assets 2015: $52,9972015Assets 2016: $51,841Liabilities 2016: $18,284Net Assets 2016: $33,5572016Assets 2017: $50,217Liabilities 2017: $23,463Net Assets 2017: $26,7542017Assets 2018: $71,700Liabilities 2018: $20,620Net Assets 2018: $51,0802018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2014: $195,572Expenses 2014: $107,349Net Income 2014: $88,2232014Revenue 2015: $68,503Expenses 2015: $97,729Net Income 2015: -$29,2262015Revenue 2016: $78,387Expenses 2016: $97,827Net Income 2016: -$19,4402016Revenue 2017: $99,333Expenses 2017: $106,136Net Income 2017: -$6,8032017Revenue 2018: $135,000Expenses 2018: $110,674Net Income 2018: $24,3262018Revenue 2019: $75,000Expenses 2019: $126,080Net Income 2019: -$51,0802019

Highlighted filing

2019

Revenue$75,000
Expenses$126,080
Net Income-$51,080

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$75,000
Mission and Program Overview

Mission

The american lithuanian business council strives to expand the us-lithuanian trade and investment to a wide variety of business sectors. Based upon the requirements and needs of its members, the council can design sector specific events geared to promote trade and expand opportunity in agriculture, aviation, telecommunications, technology, tourism, banking and finance.

The american lithuanian business council strives to expand the us- lithuanian trade and investment to a wide variety of business sectors. Based upon the requirements and needs of its members, the council can design sector specific events geared to promote trade and expand opportunity in agriculture, aviation, telecommunications, technology, tourism, banking and finance.

Program Services

DescriptionGrantsExpenses
LED A BUSINESS DELEGATION OF 10 AMERICAN COMPANIES TO VILNIUS FOR A SERIES OF MEETINGS WITH SENIOR LITHUANIAN GOVERNMENT OFFICIALS TO EXAMINE HOW TO ADDRESS MEMBERS CONCERNS AND ADVANCE NEW BUSINESS OPPORTUNITIES IN LITHUANIA.-$16,000
PROVIDED SPONSORSHIP OF THE LITHUANIAN EMBASSYS CENTENNIAL INDEPENDENCE DAY CELEBRATION TO PROMOTE MEMBERS INTEREST IN INCREASING THE US- LITHUANIAN COMMERCIAL RELATIONSHIP.--
PROVIDED SPONSORSHIP OF THE BALTIC SECURITY DINNER HOSTED AT THE ATLANTIC COUNCIL.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC STEWARTPresidentPT$0--
LUKE MYERSVice Preside-$0--
JOHN LAZARChair-$0--
JEFF NELSONImmediate Pa-$0--
DAVID TALBOTTreasurer-$0--
MISSY OWENSSecretary-$0--
STEVE JACOBSBoard Member-$0--
KRZYSZTOF WOJCIERCHOWSKIBoard Member-$0--
MAURO FARINELLIBoard Member-$0--
DOUG GOUDIEBoard Member-$0--
SEGEI SIDOROVBoard Member-$0--
TIME FENTONBoard Member-$0--
YOLA JOHNSTONBoard Member-$0--
LORRAINE HAWLEYBoard Member-$0--
NICHOLAS COSENZABoard Member-$0--
JAMEEL JOHNSONBoard Member-$0--
Political and Lobbying Activity
In-house lobbying only
No

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$2,950
Total Nondeductible Lobbying and Political Cost$2,950
Filing and Contact Details

Filer

Filer Name
American Lithuanian
EIN
46-2403200
Phone
2026598201
Address
1201 PENNSYLVANIA AVE SUITE 800, WASHINGTON, DC 20004

Signing Officer

Name
Eric Stewart
Title
President
Phone
2026595249
Signed
2020-07-15

Preparer

Firm
Dominion Financial Consultants LLC
Address
1701 PENNSYLVANIA AVE NW SUITE 200, WASHINGTON, DC 20006
Preparer
Christine R Mistr CPA Jd
Phone
2025525992
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses accounting/tax services 2,022 bank/merchant fees 50 business meals 268 fax, telephone, voip 366 travel 449 miscellaneous 218 research/support services 16 web maintenance and devel 38 copying, printing, scanni 10 insurance 1,598 transfer to aceba 62,045 lithuanian national day 17,000 total 84,080

Form 990-ez, Part II, Line 24

Accounts receivable 71,700 0 total 71,700 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 12,599 0 overdrawn cash 8,021 0

Form 990-ez, Part III

The american lithuanian business council strives to expand the us- lithuanian trade and investment to a wide variety of business sectors. Based upon the requirements and needs of its members, the council can design sector specific events geared to promote trade and expand opportunity in agriculture, aviation, telecommunications, technology, tourism, banking and finance.

Form 990-ez, Part III, Line 28

Led a business delegation of 10 american companies to vilnius for a series of meetings with senior lithuanian government officials to examine how to address members concerns and advance new business opportunities in lithuania.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ACCOUNTING/TAX SERVICES 2,022 BANK/MERCHANT FEES 50 BUSINESS MEALS 268 FAX, TELEPHONE, VOIP 366 TRAVEL 449 MISCELLANEOUS 218 RESEARCH/SUPPORT SERVICES 16 WEB MAINTENANCE AND DEVEL 38 COPYING, PRINTING, SCANNI 10 INSURANCE 1,598 TRANSFER TO ACEBA 62,045 LITHUANIAN NATIONAL DAY 17,000 TOTAL 84,080
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,599 0 OVERDRAWN CASH 8,021 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AMERICAN LITHUANIAN BUSINESS COUNCIL STRIVES TO EXPAND THE US- LITHUANIAN TRADE AND INVESTMENT TO A WIDE VARIETY OF BUSINESS SECTORS. BASED UPON THE REQUIREMENTS AND NEEDS OF ITS MEMBERS, THE COUNCIL CAN DESIGN SECTOR SPECIFIC EVENTS GEARED TO PROMOTE TRADE AND EXPAND OPPORTUNITY IN AGRICULTURE, AVIATION, TELECOMMUNICATIONS, TECHNOLOGY, TOURISM, BANKING AND FINANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LED A BUSINESS DELEGATION OF 10 AMERICAN COMPANIES TO VILNIUS FOR A SERIES OF MEETINGS WITH SENIOR LITHUANIAN GOVERNMENT OFFICIALS TO EXAMINE HOW TO ADDRESS MEMBERS CONCERNS AND ADVANCE NEW BUSINESS OPPORTUNITIES IN LITHUANIA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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