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Nonprofiteer
← OUR LITTLE BROTHERS & SISTERS INC

Form 990 for tax year 2023

Filed by OUR LITTLE BROTHERS & SISTERS INC.

Totals

Total revenue
$697,764
Total expenses
$728,281
Contributions and grants received
$657,877
Grants paid
$692,787
Program service revenue
$0
Investment income
$39,887
Other revenue
$0
Total assets, end of year
$1,438,948
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,438,948
Program services expenses (Part IX)
$711,673
Management and general expenses
$16,556
Fundraising expenses
$52
Program service expenses (Part III)
$711,673

Program services were 97.7% 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

    $657,877

  • 3 · Investment income

    total $39,887 · excluded $39,887

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $137,300 · program services $137,300

  • 3 · Grants to foreign organizations and individuals

    total $555,487 · program services $555,487

  • 5 · Compensation of officers, directors and key employees

    total $7,735 · management and general $7,735

  • 14 · Information technology

    total $300 · management and general $300

  • 22 · Depreciation, depletion and amortization

    total $10,369 · program services $10,369

  • 23 · Insurance

    total $6,712 · management and general $6,712

  • 24a · Other expenses: PROPERTY EXPENSES AND T

    total $8,517 · program services $8,517

  • 24b · Other expenses: BANK FEES

    total $1,011 · management and general $1,011

  • 24c · Other expenses: LICENSES REGISTRATION F

    total $450 · management and general $450

  • 24d · Other expenses: TELEPHONE INTERNET

    total $348 · management and general $348

  • 24e · All other expenses

    total $52 · fundraising $52

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $319,317 · end of year $260,208

  • 2 · Savings and temporary cash investments

    beginning of year $780,817 · end of year $970,368

  • 4 · Accounts receivable

    beginning of year $776

  • 10a · Land, buildings and equipment: cost or other basis

    $387,435

  • 10b · Land, buildings and equipment: accumulated depreciation

    $179,063

  • 10c · Land, buildings and equipment, net

    beginning of year $218,741 · end of year $208,372

  • 11 · Investments: publicly traded securities

    beginning of year $149,814

  • 27 · Net assets without donor restrictions

    beginning of year $1,161,346 · end of year $1,066,455

  • 28 · Net assets with donor restrictions

    beginning of year $308,119 · end of year $372,493

Mission and programs · 2023

Mission

OLBS WAS ORGANIZED IN 1969 FOR THE PURPOSE OF ASSISTING ORPHANED CHILDREN IN LATIN AMERICA AND THE CARIBBEAN. OLBS OVERSEES THE EXPENDITURE OF FUNDS FOR STAFF, FOOD, CLOTHING, SHELTER, EDUCATION AND MEDICAL CARE. IN ACCORDANCE WITH ITS BROADER MISSION OF PUBLIC ASSISTANCE, OLBS MAY HELP WITH DISASTER RELIEF AND OTHER PHILANTHROPIC COMMUNITY PROJECTS IN LATIN AMERICA AND THE CARIBBEAN.

Activities or mission (Part I)

OLBS MISSION IS TO ASSIST ORPHANED CHILDREN IN LATIN AMERICA THROUGH RAISING MONEY IN THE US . OLBS OVERSEES THE EXPENDITURE OF FUNDS FOR STAFF, FOOD, CLOTHING, SHELTER, EDUCATION AND MEDICAL CARE WHILE ALSO HELPING WITH DISASTER RELIEF AND OTHER PHILANTHROPIC COMMUNITY PROJECTS IN LATIN AMERICA AND THE CARIBBEAN.

  • OLBS ASSISTED IN PROVIDING FOOD, CLOTHING, SHELTER, MEDICINE, EDUCATION AND STAFF FOR ORPHANS IN HONDURAS, HAITI,THE DOMINICAN REPUBLIC,BOLIVIA,NICARAGUA, EL SALVADOR, PERU, MEXICO AND GUATEMALA

    Expenses $692,787 · Grants $692,787

  • OLBS MAINTAINS A HOME IN MIAMI TO SUPPORT THE VARIOUS NPH HOMES WITH TRAINING AND HOUSING FOR INDIVIDUALS WHO COME TO MIAMI FOR EDUCATION OR MEDICAL ISSUES

    Expenses $18,886

  • OTHER DONATION TO 501(C)(3) ORGANIZATIOM

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Frank J Krafft

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Stephen E Krafft

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • Nicole M Varner

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Aya Akylkhan

    DIRECTOR

    Total calculated
    $7,735
    From this org
    $7,735
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Patrick J Richter

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

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

  • PROVIDE GRANTS FOR MEDICAL CARE, EDUCATION, HUMANITARIAN AID, EMPLOYMENT OPPORTUNITIES

  • EMPOWER ORPHANS IN HAITI TO BECOME CONTRIBUTING FINANCIALLY INDEPENDENT MEMBERS WITHIN THEIR COMMUNITIES THROUGH EDUCATION, LIFE SKILLS TRAINING, COMMUNITY SERVICE, MENTORSHIP AND CAREER DEVELOPMENT. KCH ALLSO OFFERS PROFESSIONAL AND TECHNICAL ADVICE AS WELL AS FINANCIAL SUPPORT FOR EDUCATION AND LIVELIHOOD CONTRIBUTING TO SUSTAINABLE ECONOMICALLY INDEPENDENT LIVES.

Provenance

Return type
form_990
Tax year
2023
Filed
2 April 2025
IRS schema version
2023v6.0
Source object
202510929349300911

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