AMERICAN LITHUANIAN PRESS & RADIO

EIN: 340745990 501(c)(3) Human Services

CLEVELAND, OH

Total Revenue
$18,491
Total Expenses
$20,628
Total Assets
$509
Net Assets
$-33,045
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
OH
Principal Officer
GEDIMINAS MARKEVICIUS
Phone
7737270528
Tax Period
2023-01-01 to 2023-12-31

AMERICAN LITHUANIAN PRESS & RADIO, founded in 1916, is a micro nonprofit in the Human Services sector that reported $18K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $21K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PUBLISH A NEWSPAPER IN THE LITHUANIAN LANGUAGE THAT CONTAINS US AND WORLD NEWS AS WELL AS NEWS OF VARIOUS LITHUANIAN ACTIVITIES IN A MULTITUDE OF LOCATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,627
Program Service Revenue $3,864
Investment Income $0
Other Revenue $0
TOTAL REVENUE $18,491

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,628
Other Expenses $20,628
TOTAL EXPENSES $20,628

Year-over-Year Comparison

2023 2022 Change
Revenue $18,491 $26,576 -0.3%
Expenses $20,628 $25,786 -0.2%
Net Income $-2,137 $790 -3.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEDIMINAS MARKEVICIUS OFFICER 010.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $18,491 $20,628 $509 $-2,137
2022 $26,576 $25,786 $2,646 $790
2021 $30,093 $45,022 $1,809 $-14,929
2020 $73,321 $59,115 $15,544 $14,206
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