Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Luso-American Development Foundation USA
990EZ • Fiscal year 2016 • EIN 47-2438473
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Down$0
Down $1 (-100%) from 2014
Net Assets
$0
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2014
Revenue And Expenses
Revenue
Flat$0
Flat from 2014
Expenses
Flat$0
Flat from 2014
Net Income
Flat$0
Flat from 2014
Historical Trend
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
| Description | Grants | Expenses |
|---|---|---|
| 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
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Vasco Rato | Director And Chairman | - | $0 | - | - |
| Michael Baum | Director And President | - | $0 | - | - |
| Jorge Gabriel | Director | - | $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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Michael Baum |
| IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt | 0 | Rua do Sacramento a Lapa 21 |
| IRS990EZ/BooksInCareOfDetail/ForeignAddress/CityNm | 0 | Lisboa |
| IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd | 0 | PO |
| IRS990EZ/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd | 0 | 1249-090 |
| IRS990EZ/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm | 0 | Lisboa |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9083529797 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29644 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 0 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 0 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29644 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 29644 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 29644 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Vasco Rato |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Michael Baum |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Jorge Gabriel |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director and Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director and President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -29644 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Promotion of Portuguese culture in the United States |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Education of Americans about Portugal and Portugal-speaking countries around the world |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Fostering of ties among Luso-Americans |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.flad.pt |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 58300 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 58300 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 58300 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 58300 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 58300 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 58300 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 58300 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | 1 |
| IRS990ScheduleN/AttorneyGeneralNotifiedInd | 0 | 1 |
| IRS990ScheduleN/BondsOutstandingInd | 0 | 0 |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | 1 |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | 1 |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | 1 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | Cash |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | Luso American Development Foundation |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2017-11-13 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 0 | 980075208 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 29644 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/AddressLine1Txt | 0 | Rua do Sacramento a Lapa 21 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/CityNm | 0 | Lisbon |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/CountryCd | 0 | PO |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/ForeignAddress/ForeignPostalCd | 0 | 1249-090 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | 501(c)(4) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | Cash |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | 0 |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | 1 |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | Person(s) Involved: Vasco Rato, Michael Baum, Jorge Gabriel |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 1 | Explanation 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/FormAndLineReferenceDesc | 0 | Part I, Line 2e: |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, Line 2e: |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Distibution of Cash to Parent Organization. Amount: -29,644. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The 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/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Michael Baum |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9083529797 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Luso-American Development Foundation USA |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LUSO |
| ReturnHeader/Filer/EIN | 0 | 472438473 |
| ReturnHeader/Filer/ForeignAddress/AddressLine1Txt | 0 | Rua do Sacramento a Lapa 21 |
| ReturnHeader/Filer/ForeignAddress/CityNm | 0 | Lisboa |
| ReturnHeader/Filer/ForeignAddress/CountryCd | 0 | PO |
| ReturnHeader/Filer/ForeignAddress/ForeignPostalCd | 0 | 1249-090 |
| ReturnHeader/Filer/ForeignAddress/ProvinceOrStateNm | 0 | Lisboa |
| ReturnHeader/Filer/PhoneNum | 0 | 9083529797 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | B21FA7C7BF9793A322665B78C2A6839BFBF15074 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | A4706C52047C7D3BF64E37F7D0F2706B05BAC68A |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 96.225.25.147 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-11-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:06:58 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 461932666 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MP Tax Services Group PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1030 Salem Road |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Union |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07083 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9083529797 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Joao P Santos CPA |
| ReturnHeader/ReturnTs | 0 | 2017-11-15T13:53:16-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $0
- Expenses
- $0
- Net income
- $0