PORTUGUESE AMERICAN LEADERSHIP COUNCIL OF THE UNITED STATES INC

EIN: 521739459 501(c)(3) Arts, Culture & Humanities

MANASSAS, VA

Total Revenue
$179,011
Total Expenses
$147,164
Total Assets
$191,846
Net Assets
$191,846
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
VA
Principal Officer
LISA DE MEDEIROS MORRIS
Phone
2024664664
Tax Period
2024-01-01 to 2024-12-31

PORTUGUESE AMERICAN LEADERSHIP COUNCIL OF THE UNITED STATES INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $179K in total revenue in fiscal year 2024. The organization ran a surplus of $32K, a strong 18% operating margin.

Mission

EDUCATE AND PRESERVE PORTUGUESE LANGUAGE AND CULTURE AS WELL AS ADVANCE ISSUES OF IMPORTANCE IN THE PORTUGUESE AMERICAN COMMUNITY. PROVIDE SCHOLARSHIPS TO COLLEGE STUDENTS. HELP TO PROMOTE AMERICAN CIVICS LIKE THE IMPORTANCE OF THE CENSUS TO AMERICANS OF PORTUGUESE HERITAGE.

Program Service Accomplishments

Program 1
Expenses: $18,000 Revenue: $2,705

THE PALCUS SCHOLARSHIP PROGRAM WAS ESTABLISHED WITH THE PURPOSE OF SUPPORTING PORTUGUESE-AMERICAN STUDENTS IN THE PURSUIT OF THEIR HIGHER EDUCATION GOALS. THE MERIT-BASED SCHOLARSHIPS ARE AWARDED TO...

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THE PALCUS SCHOLARSHIP PROGRAM WAS ESTABLISHED WITH THE PURPOSE OF SUPPORTING PORTUGUESE-AMERICAN STUDENTS IN THE PURSUIT OF THEIR HIGHER EDUCATION GOALS. THE MERIT-BASED SCHOLARSHIPS ARE AWARDED TO STUDENTS OF PORTUGUESE ANCESTRY WHO HAVE DEMONSTRATED OUTSTANDING ACHIEVEMENT IN THEIR ACADEMIC CAREERS AND WHO SHOW A COMMITMENT TO COMPLETING AN APPROVED PLAN OF STUDY. PALCUS GIVES OUT TWO SCHOLARSHIPS IN THE GRADUATE CATEGORY AND TWO IN THE UNDERGRADUATE CATEGORY TO STUDENTS FROM ACROSS THE COUNTRY.ALEXANDRE ANTNIO DA COSTA SIMOES MEMORIAL SCHOLARSHIP:IN 2019 A NEW SCHOLARSHIP WAS ESTABLISHED IN MEMORY OF ALEXANDRE ANTONIO DA COSTA SIMOES, THE INFANT SON OF PALCUS CHAIR, ANGELA COSTA SIMOES AND HER HUSBAND, WHO PASSED AWAY UNEXPECTEDLY. THE SCHOLARSHIP WAS FUNDED 100% BY THE GENEROSITY OF PALCUS MEMBERS, AND MEMBERS OF THE COMMUNITY WHO MADE DONATIONS IN HONOR OF ALEXANDRE'S MEMORY. THIS MERIT-BASED SCHOLARSHIP WILL BE GIVEN TO A STUDENT WHO IS STUDYING THE PORTUGUESE LANGUAGE OR CULTUREDUQUE DE BRAGANA SCHOLARSHIP:IN 2022 THE NEW DUQUE DE BRAGANA SCHOLARSHIP WAS ESTABLISHED. THIS SCHOLARSHIP IS MADE POSSIBLE BY THE GENEROUS DONATION OF CHRISTOPHER ST. VICTOR-DE PINHO AND IS INTENDED FOR STUDENTS WHO DEMONSTRATE AN INTEREST IN PORTUGUESE HISTORY.GRACIETTE MARIA SIMAO ROSA SCHOLARSHIP FUND:THE ROSA FAMILY SCHOLARSHIP FUND WAS ESTABLISHED IN THE LOVING MEMORY OF GRACIETTE MARIA SIMAO ROSA AWARDED TO A STUDENT FROM THE STATE OF CONNECTICUT.

Program 2
Expenses: $25,714 Revenue: $32,372

THE HERITAGE PORTUGAL PROGRAM INVITES PORTUGUESE-AMERICANS BETWEEN THE AGES OF 18-35, FOR AN IMMERSION PROGRAM IN PORTUGAL. THE IMMERSION IS IN PAST, PRESENT AND FUTURE ELEMENTS: IN PORTUGUESE...

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THE HERITAGE PORTUGAL PROGRAM INVITES PORTUGUESE-AMERICANS BETWEEN THE AGES OF 18-35, FOR AN IMMERSION PROGRAM IN PORTUGAL. THE IMMERSION IS IN PAST, PRESENT AND FUTURE ELEMENTS: IN PORTUGUESE CULTURE AND ROOTS, THE PRESENT STATUS OF THE COUNTRY, AND ITS FUTURE DEVELOPMENT AND OPPORTUNITIES. THE IMPACT OF THIS PROGRAM IS A NEW AND REINFORCED SPIRIT OF BELONGING, RELATIONSHIPS, AND ENERGY COMING OUT OF THE SENSE OF OUR COMMON HERITAGE. BEYOND THIS ALSO WILL COME NEW IDEAS, CREATIVITY, INVESTMENT, CONNECTIVITY, AND OPPORTUNITIES FOR YEARS AND GENERATIONS TO COME

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $144,932
Program Service Revenue $35,077
Investment Income $14,734
Other Revenue $-15,732
TOTAL REVENUE $179,011

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,649
Fundraising Expenses $0
Program Expenses $44,587
Other Expenses $92,515
TOTAL EXPENSES $147,164

Year-over-Year Comparison

2024 2023 Change
Revenue $179,011 $168,240 +0.1%
Expenses $147,164 $86,205 +0.7%
Net Income $31,847 $82,035 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
1
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
11
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE SOARES CHAIR 10.00
Officer
$0 $0 $0
ANABELA DA CRUZ MELO SECRETARY 3.00
Officer
$0 $0 $0
LISA DE MEDEIROS MORRIS TREASURER 3.00
Officer
$0 $0 $0
ILIDIO PEREIRA DIRECTOR 2.00
Officer
$0 $0 $0
JOSE A SANTOS VICE CHAIR 12.00
Officer
$0 $0 $0
JORDAN THOMAS DIRECTOR 1.00
Officer
$0 $0 $0
MANNY ANTUNES DIRECTOR 1.00
Officer
$0 $0 $0
CRISTINA DA SILVA ESQ DIRECTOR 1.00
Officer
$0 $0 $0
MIGUEL VASCONCELOS DIRECTOR 1.00
Officer
$0 $0 $0
FRANK SOUSA DIRECTOR 1.00
Officer
$0 $0 $0
ANGELA SIMOES DIRECTOR 10.00
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 $179,011 $147,164 $191,846 $31,847
2023 $168,240 $86,205 $134,780 $82,035
2018 $205,992 $165,736 $62,495 $40,256
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