Civic Intelligence

Romanian American Business Council Inc

EIN 81-0787664 • 501(c)6 • New York, NY

Profile

Charitable bilateral relations

45 Broadway No 2200New York, NY 10006

n/A

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.23x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.09x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

46th percentile

-0.5%

Higher net margin than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

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 2018

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

145%

Faster revenue growth than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$41,401

Up $9,037 (+28%) from 2017

Liabilities

Up

$9,600

Up $9,600 from 2017

Net Assets

Down

$31,801

Down $563 (-1.7%) from 2017

Operations
Liabilities / Revenue77th percentileNet Margin46th percentile

Revenue

Up

$103,547

Up $61,256 (+145%) from 2017

Expenses

Up

$104,110

Up $56,821 (+120%) from 2017

Net Income

Up

-$563

Up $4,435 (+89%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

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

$60K$40K$20K$0Assets 2016: $45,404Liabilities 2016: $8,0422016Assets 2017: $32,364Liabilities 2017: $0Net Assets 2017: $32,3642017Assets 2018: $41,401Liabilities 2018: $9,600Net Assets 2018: $31,8012018

Highlighted filing

2018

Assets$41,401
Liabilities$9,600
Net Assets$31,801
Open 2018 Filing

Operations Trend

Revenue Growth97th percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $90,312Expenses 2016: $52,941Net Income 2016: $37,3712016Revenue 2017: $42,291Expenses 2017: $47,289Net Income 2017: -$4,9982017Revenue 2018: $103,547Expenses 2018: $104,110Net Income 2018: -$5632018

Highlighted filing

2018

Revenue$103,547
Expenses$104,110
Net Income-$563
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,401
Liabilities
$9,600
Net assets
$31,801
Revenue
$103,547
Expenses
$104,110
Net income
-$563
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.10$0.32$1.04$1.04$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.42$0.47$0.05
2016Summary only. Only limited summary data is available for this year.$0.45$0.08$0.90$0.53$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 24, 2020
Return Version
2018v3.1
Gross Receipts
$103,547
Mission and Program Overview

Mission

Charitable bilateral relations

Program Services

DescriptionGrantsExpenses
ANNUAL HOLIDAY CHARITABLE EVENT$0$49,862
ROMANIA DAY FESTIVAL$0$35,623
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEFAN MINOVICIPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Romanian American Business Council Inc
EIN
81-0787664
Phone
2126680400
Address
45 BROADWAY NO 2200, NEW YORK, NY 10006

Signing Officer

Name
Stefan Minovici
Title
President
Phone
2126680400
Signed
2020-02-24
Discuss with paid preparer
Yes

Preparer

Firm
Billet Feit & Preis Pc
Address
42 BROADWAY SUITE 1815, NEW YORK, NY 10004
Preparer
Yussie Steier
Phone
2124253300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 3,591. Description: computer expense. Amount: 65. Description: office supplies. Amount: 529. Description: telephone expense. Amount: 3,168. Description: travel expense. Amount: 11,271. Description: programming expenses. Amount: 85,486. Total to form 990-ez, line 16: 104,110.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: loan/exchange. Beg. Of year amount: 32,056. End of year amount: 41,308.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loans payable. Beg. Of year amount: 0. End of year amount: 9,600.”

Raw XML Appendix111 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEFAN MINOVICI
IRS990EZ/BooksInCareOfDetail/PhoneNum02126680400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045 BROADWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0308
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt093
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0103547
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-563
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt032364
IRS990EZ/Form990TotalAssetsGrp/EOYAmt041401
IRS990EZ/GrossReceiptsAmt0103547
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt032364
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031801
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt032364
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt031801
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEFAN MINOVICI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt032056
IRS990EZ/OtherAssetsTotalDetail/EOYAmt041308
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0104110
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE BILATERAL RELATIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ROMANIA DAY FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ANNUAL HOLIDAY CHARITABLE EVENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035623
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt149862
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09600
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0104110
IRS990EZ/TotalProgramServiceExpensesAmt085485
IRS990EZ/TotalRevenueAmt0103547
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 3,591. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 65. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 529. DESCRIPTION: TELEPHONE EXPENSE. AMOUNT: 3,168. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 11,271. DESCRIPTION: PROGRAMMING EXPENSES. AMOUNT: 85,486. TOTAL TO FORM 990-EZ, LINE 16: 104,110.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOAN/EXCHANGE. BEG. OF YEAR AMOUNT: 32,056. END OF YEAR AMOUNT: 41,308.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 9,600.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEFAN MINOVICI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02126680400
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROMANIAN AMERICAN BUSINESS COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0ROMA
ReturnHeader/Filer/EIN0810787664
ReturnHeader/Filer/PhoneNum02126680400
ReturnHeader/Filer/USAddress/AddressLine1Txt045 BROADWAY NO 2200
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010006
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C2DE165BC2AB0505F9FE963B433B517A61B5E1A6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.101.14.123
ReturnHeader/FilingSecurityInformation/IPDt02020-02-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm012:44:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132839033
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BILLET FEIT & PREIS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt042 BROADWAY SUITE 1815
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010004
ReturnHeader/PreparerPersonGrp/PhoneNum02124253300
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YUSSIE STEIER
ReturnHeader/ReturnTs02020-02-24T15:33:15-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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