Civic Intelligence

Luso-American Development Foundation USA

EIN 47-2438473 • 501(c)3 • Lisboa, Lisboa, PO

Profile

The Luso-American Development Foundation USA is organized and shall at all times be operated exclusively for religious, charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (the "Code"), including promoting Portuguese culture in the United States, fostering cooperation between civil society organizations in both Portugal and the United States, strengthening ties among Luso-Americans, and supporting the development of Portugal. In furtherance thereof the Corporation shall be authorized to do all things necessary or appropriate in order to accomplish the foregoing.

Rua do Sacramento a Lapa 21Lisboa, Lisboa 1249-090PO

www.flad.pt

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1 (-100%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

$0

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2014

Expenses

Flat

$0

Flat from 2014

Net Income

Flat

$0

Flat from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$1$0Assets 2014: $1Liabilities 2014: $02014Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$0Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2016

Revenue$0
Expenses$0
Net Income$0
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0$0$0$0$0$0
2014Summary only. Only limited summary data is available for this year.$1$0$0$0$0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

The Luso-American Development Foundation USA is organized and shall at all times be operated exclusively for religious, charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (the "Code"), including promoting Portuguese culture in the United States, fostering cooperation between civil society organizations in both Portugal and the United States, strengthening ties among Luso-Americans, and supporting the development of Portugal. In furtherance thereof the Corporation shall be authorized to do all things necessary or appropriate in order to accomplish the foregoing.

Program Services

DescriptionGrantsExpenses
Promotion of Portuguese culture in the United States$0$0
Education of Americans about Portugal and Portugal-speaking countries around the world$0$0
Fostering of ties among Luso-Americans$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vasco RatoDirector And Chairman-$0--
Michael BaumDirector And President-$0--
Jorge GabrielDirector-$0--
Filing and Contact Details

Filer

Filer Name
Luso-American Development Foundation USA
EIN
47-2438473
Phone
9083529797
Address
PO

Signing Officer

Name
Michael Baum
Title
Director
Phone
9083529797
Signed
2017-11-13
Discuss with paid preparer
Yes

Preparer

Firm
MP Tax Services Group PC
Address
1030 Salem Road, Union, NJ 07083
Preparer
Joao P Santos CPA
Phone
9083529797
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

“Description: Distibution of Cash to Parent Organization. Amount: -29,644.”

Raw XML Appendix167 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt0Rua do Sacramento a Lapa 21
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CityNm0Lisboa
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd0PO
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd01249-090
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0Lisboa
IRS990EZ/BooksInCareOfDetail/PhoneNum09083529797
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Vasco Rato
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael Baum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jorge Gabriel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director and Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director and President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0-29644
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Luso-American Development Foundation USA is organized and shall at all times be operated exclusively for religious, charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (the "Code"), including promoting Portuguese culture in the United States, fostering cooperation between civil society organizations in both Portugal and the United States, strengthening ties among Luso-Americans, and supporting the development of Portugal. In furtherance thereof the Corporation shall be authorized to do all things necessary or appropriate in order to accomplish the foregoing.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Promotion of Portuguese culture in the United States
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Education of Americans about Portugal and Portugal-speaking countries around the world
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Fostering of ties among Luso-Americans
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.flad.pt
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt058300
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt058300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058300
IRS990ScheduleA/Total509Grp/TotalAmt058300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058300
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt058300
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Luso American Development Foundation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-11-13
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0980075208
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt029644
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/AddressLine1Txt0Rua do Sacramento a Lapa 21
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/CityNm0Lisbon
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/CountryCd0PO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/ForeignPostalCd01249-090
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(4)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Cash
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Person(s) Involved: Vasco Rato, Michael Baum, Jorge Gabriel
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1Explanation of Involvement: The above mentioned individuals were all directors and officers of the terminating entity and are also directors and officers of the parent organization.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2e:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 2e:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Distibution of Cash to Parent Organization. Amount: -29,644.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09083529797
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Luso-American Development Foundation USA
ReturnHeader/Filer/BusinessNameControlTxt0LUSO
ReturnHeader/Filer/EIN0472438473
ReturnHeader/Filer/ForeignAddress/AddressLine1Txt0Rua do Sacramento a Lapa 21
ReturnHeader/Filer/ForeignAddress/CityNm0Lisboa
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.225.25.147
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:06:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461932666
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01030 Salem Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Union
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007083
ReturnHeader/PreparerPersonGrp/PhoneNum09083529797
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joao P Santos CPA
ReturnHeader/ReturnTs02017-11-15T13:53:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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