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← OLAD

Form 990 for tax year 2023

Filed by OLAD.

Totals

Total revenue
$224,891
Total expenses
$320,586
Contributions and grants received
$222,357
Grants paid
$203,225
Program service revenue
$0
Investment income
$2,063
Other revenue
$471
Total assets, end of year
$88,466
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$88,466
Program services expenses (Part IX)
$316,367
Management and general expenses
$4,219
Fundraising expenses
$0
Program service expenses (Part III)
$316,367

Program services were 98.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $222,357

  • 3 · Investment income

    total $2,063 · excluded $2,063

  • 11a · Other revenue: MISC INCOME

    total $471 · related or exempt $471

  • 11e · Other revenue, total

    $471

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $203,225 · program services $203,225

  • 11c · Fees: accounting

    total $3,125 · management and general $3,125

  • 13 · Office expenses

    total $3,307 · program services $2,870 · management and general $437

  • 14 · Information technology

    total $2,818 · program services $2,818

  • 17 · Travel

    total $7,524 · program services $7,524

  • 24a · Other expenses: BLDG, EQUIP TOOLS - HAITI

    total $38,255 · program services $38,255

  • 24b · Other expenses: ROOF REPAIRS - HAITI

    total $20,757 · program services $20,757

  • 24c · Other expenses: VEHICLE EXPENSES - HAITI

    total $20,745 · program services $20,745

  • 24d · Other expenses: SHIPPING COSTS - HAITI

    total $8,266 · program services $8,266

  • 24e · All other expenses

    total $12,564 · program services $11,907 · management and general $657

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,568 · end of year $12,695

  • 2 · Savings and temporary cash investments

    beginning of year $159,593 · end of year $75,771

  • 27 · Net assets without donor restrictions

    beginning of year $184,161 · end of year $88,466

Mission and programs · 2023

Mission

COMBATTING POVERTY THROUGH WHOLISTIC DEVELOPEMENT IN THE RURAL COMMUNITY OF ANSE-ROUGE, HAITI.

  • OLAD IS A CONTINUATION OF A HAITIAN GRASSROOTS PROGRAM LOCATED IN PORT-AU- PRINCE AND GRAND-DIABLE AREAS, WHICH PROVIDES CHILDREN WITH AN EDUCATION AS WELL AS SOCIAL, SPIRITUAL, PHYSICAL AND EMOTIONAL SUPPORT. THEY ALSO HELP THE LOCAL COMMUNITIES SEEK VIABLE WATER SOLUTIONS AND FOCUS ON STIMULATING THE LOCAL ECONOMIES, BY PROVIDING JOBS, SUPPORT EXISTING BUSINESSES AND PROVIDING OPPORTUNITIES FOR MICRO-ENTERPRISE.

    Expenses $316,367 · Grants $203,225

As filed on the 2023 return.

Listed in Part VII

  • Brad Brunsch

    PRESIDENT

    Total calculated
    $0
  • Krischelle Frost

    SECRETARY

    Total calculated
    $0
  • David Muchmore

    TREASURER

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2024
IRS schema version
2023v5.0
Source object
202401279349300140

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