Lithuanian Catholic Religious Aid Inc in Maspeth, New York (NY)

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Lithuanian Catholic Religious Aid Inc
Employer Identification Number (EIN)112326652
Name of OrganizationLithuanian Catholic Religious Aid Inc
Address6425 Perry Ave, Maspeth, NY 11378-2441
ActivitiesGifts or grants to individuals (other than scholarships), Other religious activities
SubsectionCharitable Organization, Religious Organization
Ruling Date07/1964
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period01/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$10,791,470
Amount of Income$4,384,840
Form 990 Revenue Amount$1,860,828
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Roman Catholic


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Amount of income in 2014: $4,384,840 (it was $4,535,079 in 2013)
This organization: 

 $4,384,840
Other organizations performing similar types of work: 

 $248,829

Assets in 2014: $10,791,470 (it was $10,239,053 in 2013)
This organization: 

 $10,791,470
Other organizations performing similar types of work: 

 $277,687

Expenses in 2014: $1,308,472
Lithuanian Catholic Religious Aid Inc: 

 $1,308,472
Other organizations performing similar types of work: 

 $143,595

Income to expenses ratio in 2014: 3.4
This organization: 

 3.4
Other organizations performing similar types of work: 

 1.2

Number of employees in 2014: 3
Lithuanian Catholic Religious Aid Inc: 

 3
Other organizations performing similar types of work: 

 2

Grants share in income in 2014: 63.4%
This organization: 

 63.4%
Other organizations performing similar types of work: 

 41.9%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?NoNo
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoYes
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 109600
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return33
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$63,561$34,500
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
2011201220132014
Total revenue$600,429$1,345,401$876,375$1,860,828
Contributions, Gifts, Grants and Other Similar Amounts$194,884$756,206$294,831$1,180,163
Program Service Revenue$0$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$333,408$293,498$329,523$284,395
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$72,137$295,697$252,021$396,145
Gross amount from sales of assets other than inventory (Securities / Other)$4,526,015 / $0$2,239,509 / $0$3,910,725 / $0$2,920,157 / $0
Less: cost or other basis and sales expenses (Securities / Other)$4,453,878 / $0$1,943,812 / $0$3,658,704 / $0$2,524,012 / $0
Gain or (loss) (Securities / Other)$72,137 / $0$295,697 / $0$252,021 / $0$396,145 / $0
Net income/loss from fundraising events$0$0$0$125
Gross income from fundraising events$0$0$0$125
Less: direct expenses$0$0$0$0
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$0$0$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$2,123,124$1,475,937$1,764,709$1,308,472
Grants and other assistance to domestic organizations and domestic governments$2,700$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$1,485,724$1,107,800
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$48,732$50,194$63,561$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$39,533$42,569$41,940$77,699
Pension plan accruals and contributions$6,000$6,000
Other employee benefits$0$0
Payroll taxes$7,069$7,740$8,515$6,279
Fees for services (non-employees)
Management$0$0
Legal$2,155$775
Accounting$5,650$5,650
Lobbying$0$0
Professional fundraising services$0$0$0$0
Investment management fees$61,379$62,109
Other$0$0
Advertising and promotion$0$0
Office expenses$1,467$1,234
Information technology$0$0
Royalties$0$0
Occupancy$18,000$18,000
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$0$0
Insurance$4,413$2,350
Other expenses$6,517$6,544
Other expenses$7,205$5,881
Other expenses$8,883$5,220
Other expenses$36,895$1,837
Other expenses$3,705$1,094
Balance Sheet
2011201220132014
Total assets$11,369,717$11,161,701$10,239,053$10,791,470
Cash - non-interest-bearing$911,870$899,188
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$0$0
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Land, buildings, and equipment: cost or other basis$0$0
Investments - publicly traded securities$9,327,184$9,892,282
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$-1$0
Total liabilities$114,084$36,604$2,290$2,258
Accounts payable and accrued expenses$2,290$2,258
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$11,255,633$11,125,097$10,236,763$10,789,212
Unrestricted net assets$7,033,250$7,467,016
Temporarily restricted net assets$0$0
Permanently restricted net assets$3,203,513$3,322,196
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$2,880,043
Subtotal Support$2,880,043
Gifts, grants, contributions, and membership fees received$2,880,043
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$4,442,430
Public Support$2,880,043
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,562,387
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Lithuanian Catholic Religious Aid Inc6425 Perry Ave, Maspeth, NY 11378-2441NY1964-07$4,384,840
2Community Association Of Progressive Dominicans Inc3840 Broadway Fl 2, New York, NY 10032-1546NY1985-06$3,983,223
3Catholic Traditionalist Movement Inc210 Maple Ave, Westbury, NY 11590-3117NY1966-06$3,127,158
4Brothers Of Mercy Inc4520 Ransom Rd, Clarence, NY 14031-2108NY1946-03$1,254,031
5Shellbourne Inc359 W 200 N, Valparaiso, IN 46385-7728IN1972-12$1,226,681
6Saint Michael And All Angels Foundation Of Dallas8011 Douglas Ave, Dallas, TX 75225-6580TX1940-01$1,207,439
7Sullivan Center Inc643 Dill Ave Sw # 645, Atlanta, GA 30310-4313GA1985-10$849,263
8Trinity Catholic Academy Endowment Fund Inc11 Pine St, Southbridge, MA 01550-1823MA1998-11$604,700
9Servants Of Mary Ministers To The Sick, Ministers To The Sick2131 W 27th St, Los Angeles, CA 90018-3083CA1946-03$537,550
10The Msgr John Henry Disch Foundation, Trappey George J Ttee146 W Main St, New Iberia, LA 70560-3733LA1996-01$442,858
11Riverside Study Center Inc330 Riverside Dr, New York, NY 10025-3421NY1990-02$435,876
12Agricultural Missions Inc475 Riverside Drive, New York, NY 10115-0002NY1942-08$350,617
13Lamp Minstries2704 Schurz Ave, Bronx, NY 10465-3272NY1987-09$268,395
14Priory Of St Benedict Inc136 Priory Road, Chestertown, NY 12817NY1974-09$83,844
15Catholic Worker Of Niagara Falls IncPO BOX 422, Niagara Falls, NY 14305-0422NY1957-02$25,954
16Charismatic Renewal Services Of Long Island IncPO BOX 2151, Brentwood, NY 11717-0999NY1975-07$3,022
17Community Of Divine Providence Inc5 Cygnet Ln, Vly Cottage, NY 10989-1401NY1997-01$0
18Desales Media Group Inc1712 10th Ave, Brooklyn, NY 11215-6215NY1946-03$0
19House Of Contemplation Inc21 Ball Road, Warwick, NY 10990-3551NY1996-11$0
20New Korean Church Of New York Inc20220 45th Ave, Bayside, NY 11361-2540NY1998-09$0
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona5
California36
Colorado5
Connecticut6
District of Columbia2
Florida12
Georgia4
Hawaii1
Idaho1
Illinois10
Indiana8
Kansas2
Kentucky3
Louisiana9
Massachusetts4
Maryland3
Michigan7
Minnesota2
Missouri8
North Carolina4
North Dakota2
Nebraska1
New Hampshire1
New Jersey6
New Mexico1
Nevada1
New York15
Ohio16
Oregon2
Pennsylvania7
Rhode Island2
Tennessee1
Texas24
Virginia5
Vermont1
Washington5
Wisconsin5
Total229

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