LITHUANIAN FOUNDATION INC (EIN 366118312) - Form 990 Financial Analysis & Trantor Score

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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

1962

Legal Domicile

Principal Officer

AUDRONE PAVILCIUS-KARALIU

Phone

6302571616

Tax Period

2023-01-01 to 2023-12-31

LITHUANIAN FOUNDATION INC, founded in 1962, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $2.3M left a modest 4% surplus.

Mission

FUNDING LITHUANIAN CULTURAL AND EDUCATIONAL ACTIVITIES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $394,252

Program Service Revenue $0

Investment Income $2,005,470

Other Revenue $0

TOTAL REVENUE $2,399,722

Expense Breakdown

Grants Paid $1,752,616

Salaries & Benefits $203,319

Fundraising Expenses $83,744

Program Expenses $1,969,614

Other Expenses $341,137

TOTAL EXPENSES $2,297,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,399,722	$2,868,132	-0.2%
Expenses	$2,297,072	$2,070,392	+0.1%
Net Income	$102,650	$797,740	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$88,236

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAURAS BUBLYS	CHAIRMAN	10.00	Director	$0	$0	$0
AUDRONE PAVILCIUS KARALIUS	PRESIDENT	10.00	Officer Director	$0	$0	$0
LORETA SADAUSKAS	OFFICER	5.00	Officer Director	$0	$0	$0
SAULIUS CYVAS	DIRECTOR	5.00	Director	$0	$0	$0
MILDA DAVIS	OFFICER	5.00	Officer Director	$0	$0	$0
JONAS HOWES	DIRECTOR	5.00	Director	$0	$0	$0
JUOZAS KAPACINSKAS	DIRECTOR	5.00	Officer Director	$0	$0	$0
MARIUS KASNIUNAS	DIRECTOR	5.00	Director	$0	$0	$0
VIKTORAS KAUFMANAS	DIRECTOR	5.00	Director	$0	$0	$0
VYTAUTAS NARUTIS	DIRECTOR	5.00	Director	$0	$0	$0
RIMAS RADZEVICIUS	DIRECTOR	5.00	Director	$0	$0	$0
ANTANAS RAZMA JR	DIRECTOR	5.00	Director	$0	$0	$0
GINTARAS VAISNYS	DIRECTOR	5.00	Director	$0	$0	$0
DALIUS VASYS	DIRECTOR	5.00	Director	$0	$0	$0
LINA ZLIOBA	DIRECTOR	5.00	Director	$0	$0	$0
JURATE MERECKIS	EXECUTIVE DIRECTOR	40.00	Officer	$88,236	$0	$88,236
VYTENIS KIRVELAITIS	SECRETARY	5.00	Officer	$0	$0	$0
LAIMA KILIENE	TREASURER	5.00	Officer	$0	$0	$0
DAIVA LITVINSKAITE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
IEVA DILYTE	OFFICER	5.00	Officer	$0	$0	$0
LEONAS NARBUTIS	OFFICER	5.00	Officer	$0	$0	$0
GODA MISIUNAS	OFFICER	5.00	Officer	$0	$0	$0
JONAS DIDZBALIS	OFFICER	5.00	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
2024	No data	No data	No data	No data
2023	$2,399,722	$2,297,072	$52,153,207	$102,650
2022	$2,868,132	$2,070,392	$47,203,590	$797,740
2021	$6,129,593	$1,778,779	$53,188,345	$4,350,814
2020	$43,402	$1,595,100	$43,719,073	$-1,551,698
2019	$1,158,668	$1,499,186	$40,869,924	$-340,518
2018	$4,815,266	$1,550,107	$36,090,368	$3,265,159

LITHUANIAN FOUNDATION INC