Civic Intelligence

Us Spain Council Inc

EIN 65-0732725 • 501(c)3 • Bethesda, MD

Profile

The united states spain council is a unique organization that brings together u.s. And spanish corporate leaders, top government officials and leaders in education and culture to promote stronger ties between the two countries. The council focuses on stimulating bilateral trade and investment, bringing companies together around business opportunities in both countries, conducting annual forums where business and government leaders explore key polciy and economic matters facing both countries.

6601 Rannoch RoadBethesda, MD 20817

www.usspaincouncil.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.49x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

11th percentile

-74%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-80%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-20%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$47,496

Down $195,162 (-80%) from 2023

Liabilities

Up

$70,775

Up $59,791 (+544%) from 2023

Net Assets

Down

-$23,279

Down $254,953 (-110%) from 2023

Revenue

Down

$342,340

Down $82,956 (-20%) from 2023

Expenses

Up

$597,293

Up $427,514 (+252%) from 2023

Net Income

Down

-$254,953

Down $510,470 (-200%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2008: $22,765Liabilities 2008: $11,3212008Assets 2010: $82,037Liabilities 2010: $8,203Net Assets 2010: $73,8342010Assets 2012: $307,254Liabilities 2012: $10,000Net Assets 2012: $297,2542012Assets 2013: $278,159Liabilities 2013: $02013Assets 2014: $203,709Liabilities 2014: $5,5662014Assets 2015: $158,308Liabilities 2015: $7,000Net Assets 2015: $151,3082015Assets 2016: $169,569Liabilities 2016: $0Net Assets 2016: $169,5692016Assets 2017: $170,953Liabilities 2017: $6,745Net Assets 2017: $164,2082017Assets 2018: $157,262Liabilities 2018: $3,445Net Assets 2018: $153,8172018Assets 2019: $184,675Liabilities 2019: $0Net Assets 2019: $184,6752019Assets 2020: $126,089Liabilities 2020: $10,000Net Assets 2020: $116,0892020Assets 2021: $78,961Liabilities 2021: $0Net Assets 2021: $78,9612021Assets 2022: $53,928Liabilities 2022: $77,771Net Assets 2022: -$23,8432022Assets 2023: $242,658Liabilities 2023: $10,984Net Assets 2023: $231,6742023Assets 2024: $47,496Liabilities 2024: $70,775Net Assets 2024: -$23,2792024

Highlighted filing

2024

Assets$47,496
Liabilities$70,775
Net Assets-$23,279

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2008: $155,000Expenses 2008: $198,988Net Income 2008: -$43,9882008Revenue 2010: $413,781Expenses 2010: $329,768Net Income 2010: $84,0132010Revenue 2012: $551,166Expenses 2012: $440,550Net Income 2012: $110,6162012Revenue 2013: $152,702Expenses 2013: $171,797Net Income 2013: -$19,0952013Revenue 2014: $85,174Expenses 2014: $165,190Net Income 2014: -$80,0162014Revenue 2015: $390,232Expenses 2015: $437,067Net Income 2015: -$46,8352015Revenue 2016: $175,453Expenses 2016: $157,192Net Income 2016: $18,2612016Revenue 2017: $417,776Expenses 2017: $423,137Net Income 2017: -$5,3612017Revenue 2018: $140,286Expenses 2018: $150,677Net Income 2018: -$10,3912018Revenue 2019: $492,290Expenses 2019: $461,431Net Income 2019: $30,8592019Revenue 2020: $95,193Expenses 2020: $163,779Net Income 2020: -$68,5862020Revenue 2021: $101,847Expenses 2021: $138,975Net Income 2021: -$37,1282021Revenue 2022: $135,296Expenses 2022: $238,100Net Income 2022: -$102,8042022Revenue 2023: $425,296Expenses 2023: $169,779Net Income 2023: $255,5172023Revenue 2024: $342,340Expenses 2024: $597,293Net Income 2024: -$254,9532024

Highlighted filing

2024

Revenue$342,340
Expenses$597,293
Net Income-$254,953

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.71$0.23$3.42$5.97$2.55
2023Detailed filing. Detailed filing data is available for this year.$2.43$0.11$2.32$4.25$1.70$2.56
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.78$0.24$1.35$2.38$1.03
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.02$1.39$0.37
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.10$1.16$0.95$1.64$0.69
2019Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$4.92$4.61$0.31
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.03$1.54$1.40$1.51$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.07$1.64$4.18$4.23$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$1.75$1.57$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.07$1.51$3.90$4.37$0.47
2014Summary only. Only limited summary data is available for this year.$2.04$0.06$0.85$1.65$0.80
2013Summary only. Only limited summary data is available for this year.$2.78$0.00$1.53$1.72$0.19
2012Summary only. Only limited summary data is available for this year.$3.07$0.10$2.97$5.51$4.41$1.11
2010Summary only. Only limited summary data is available for this year.$0.82$0.08$0.74$4.14$3.30$0.84
2008Summary only. Only limited summary data is available for this year.$0.23$0.11$1.55$1.99$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 16, 2025
Return Version
2024v5.2
Gross Receipts
$342,340
Mission and Program Overview

Mission

The u.s.-spain council is a unique organization in which u.s. And spanish government officials, corporate leaders and leaders in education and culture, promote stronger ties between the two countries. The u.s.-spain council achieves its mission by convening members and partner organizations throughout the calendar year, hosting its signature annual forum that alternates each year between the united states and spain, and coordinating the united states - spain young leaders program every year, which brings young u.s. Professionals and leaders to spain to familiarize them with the social, cultural, economic, and political realities of contemporary spain.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$207,208$24,246▼ $182,962
Savings and Temporary Cash Investments$22,950$23,250▲ $300
Accounts Receivable$12,500--
Total Assets$242,658$47,496▼ $195,162
Liabilities
Accounts Payable and Accrued Expenses$10,984$70,775▲ $59,791
Total Liabilities$10,984$70,775▲ $59,791
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$231,674$-23,279▼ $254,953
Total Net Assets Fund Balance$231,674$-23,279▼ $254,953
Total Liabilities and Net Assets / Fund Balance$242,658$47,496▼ $195,162
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alfonso De GoyenechePresident
Antonio PerezDirector
Gilberto OcanasDirector
Janet MurguiaDirector
Jose AndresDirector
Tim HarrisDirector
Catherine PinoExecutive Director (see Sch. O)
Nora FriendSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
D&p Creative Strategies LLCManagement Services6601 RANNOCH ROAD, Bethesda, MD 20817$100,340
Revenue and Support

Revenue Composition

Contributions and Grants
$342,000
Program Service Revenue
$0
Investment Income
$300
Other Revenue
$40
All Other Contributions
$242,000
Change in Net Assets
$-254,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$597,293
Total Fundraising Expense$41,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$459,471--$459,471
Fees for Services Management$35,119$25,085$40,136$100,340
Fees for Services Legal-$31,803-$31,803
Office Expenses$738$735$843$2,316
Fees for Services Accounting-$1,498-$1,498
Travel$182$130$208$520
Other Expenses-$511-$511
Total Functional Expenses$495,510$60,596$41,187$597,293
International Activity

International Summary

Offices
0
Employees
0
Spending
$18,658

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesYoung Leaders Program00$18,658
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-A Co-owner of D&p Is the Executive Director of U.s.-spain CouncilManagement ServicesNo$100,340
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization contracted with d&p creative strategies, llc to perform management duties. Catherine pino, who serves as the executive director for u.s.-spain council, is an owner of d&p creative strategies, llc. In 2024, u.s.-spain council compensated d&p creative strategies, llc a total of $100,340 (including $35,000 of accounts payable for 2023 services) for its management services.

Form 990, Part VI, Section B, Line 11B

The organization's form 990 was prepared by the outside accountants and reviewed by senior management and legal counsel. A complete copy of form 990 was provided to the organization's board of directors prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

U.s. Spain council has a policy of requiring each director, principal officer and board member to sign annually a statement affirming the person has received a copy of the conflict of interest policy, has read and understands the policy, and has agreed to comply with the policy. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. An interested person may make a presentation at the governing board or committee meeting, but will leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving a possible conflict of interest. The governing board or committee will determine, after exercising due diligence, whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under the circumstances not producing a conflict of interest, the board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
US Spain Council Inc
EIN
65-0732725
Phone
2024554902
Address
6601 RANNOCH ROAD, BETHESDA, MD 20817

Signing Officer

Name
Alfonso De Goyeneche
Title
President
Phone
2024554902
Signed
2025-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alfonso De Goyeneche
Formed
1997
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Raw XML Appendix389 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.

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IRS990/PoliticalCampaignActyInd00
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0YOUNG LEADERS PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
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IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0D&P CREATIVE STRATEGIES LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0A CO-OWNER OF D&P IS THE EXECUTIVE DIRECTOR OF U.S.-SPAIN COUNCIL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0100340
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTED WITH D&P CREATIVE STRATEGIES, LLC TO PERFORM MANAGEMENT DUTIES. CATHERINE PINO, WHO SERVES AS THE EXECUTIVE DIRECTOR FOR U.S.-SPAIN COUNCIL, IS AN OWNER OF D&P CREATIVE STRATEGIES, LLC. IN 2024, U.S.-SPAIN COUNCIL COMPENSATED D&P CREATIVE STRATEGIES, LLC A TOTAL OF $100,340 (INCLUDING $35,000 OF ACCOUNTS PAYABLE FOR 2023 SERVICES) FOR ITS MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT AND LEGAL COUNSEL. A COMPLETE COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2U.S. SPAIN COUNCIL HAS A POLICY OF REQUIRING EACH DIRECTOR, PRINCIPAL OFFICER AND BOARD MEMBER TO SIGN ANNUALLY A STATEMENT AFFIRMING THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT WILL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING A POSSIBLE CONFLICT OF INTEREST. THE GOVERNING BOARD OR COMMITTEE WILL DETERMINE, AFTER EXERCISING DUE DILIGENCE, WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER THE CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TerminateOperationsInd00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ALFONSO DE GOYENECHE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-16
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 MONTGOMERY AVE SUITE 800N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
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ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD J LOCASTRO CPA
ReturnHeader/ReturnTs02025-07-16T07:30:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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