Skip to content
Nonprofiteer
← FATHER WASSON LEGACY ENDOWMENT INC

Form 990 for tax year 2023

Filed by FATHER WASSON LEGACY ENDOWMENT INC.

Totals

Total revenue
$3,962,351
Total expenses
$1,088,376
Contributions and grants received
$3,615,523
Grants paid
$1,025,600
Program service revenue
$0
Investment income
$346,828
Other revenue
$0
Total assets, end of year
$24,919,581
Total liabilities, end of year
$50,000
Net assets or fund balances, end of year
$24,869,581
Program services expenses (Part IX)
$1,025,600
Management and general expenses
$62,776
Fundraising expenses
$0
Program service expenses (Part III)
$1,025,600

Program services were 94.2% 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

    $3,615,523

  • 3 · Investment income

    total $552,748 · excluded $552,748

  • 7a · Gross sales of assets other than inventory

    securities $2,507,991

  • 7b · Less cost or other basis and sales expenses

    securities $2,713,911

  • 7c · Gain or loss

    securities -$205,920

  • 7d · Net gain or loss

    total -$205,920 · excluded -$205,920

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,025,600 · program services $1,025,600

  • 11b · Fees: legal

    total $5,205 · management and general $5,205

  • 11c · Fees: accounting

    total $35,389 · management and general $35,389

  • 11f · Fees: investment management

    total $22,177 · management and general $22,177

  • 11g · Fees: other

    total $5 · management and general $5

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $530,496 · end of year $13,679

  • 2 · Savings and temporary cash investments

    end of year $3,403,234

  • 4 · Accounts receivable

    beginning of year $771,263 · end of year $190,015

  • 11 · Investments: publicly traded securities

    beginning of year $18,226,684 · end of year $21,312,653

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,000 · end of year $50,000

  • 28 · Net assets with donor restrictions

    beginning of year $19,478,443 · end of year $24,869,581

Mission and programs · 2023

Mission

TO GENERATE INCOME AND HELP PROVIDE LONG TERM FINANCIAL STABILITY FOR NUESTROS PEQUENOS HERMANOS WHICH SERVES THE NEEDS OF ORPHANS AND ABANDONED CHILDREN THROUGH ITS NINE ORPHANAGES LOCATED IN LATIN AMERICA AND THE CARIBBEAN.

Activities or mission (Part I)

TO GENERATE INCOME AND HELP PRO- VIDE LONG TERM FINANCIAL STABILITY FOR NUESTROS PEQUENOS HERMANOS.

  • TO GENERATE INCOME AND HELP PROVIDE LONG TERM FINANCIAL STABILITY FOR NUESTROS PEQUENOS HERMANOS WHICH SERVES THE NEEDS OF ORPHANS AND ABANDONED CHILDREN THROUGH ITS NINE ORPHANAGES LOCATED IN LATIN AMERICA AND THE CARIBBEAN.

    Expenses $1,025,600 · Grants $1,025,600

As filed on the 2023 return.

Listed in Part VII

  • Mark Kruzel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Carline St Louis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ryan Garino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jack Hansen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Gabe Gonzalez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ken Hart

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Jeff Jacobs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jeff Knupp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Laura Kuntz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mike Meyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jim Nichols

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dennis Slott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lisandra Wilmott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Claire Topp

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Miguel Venegas

    DIRECTOR (EX OFFICIO)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • John Deinhart

    DIRECTOR (EX OFFICIO)

    Total calculated
    $0
    Hours/week
    2 + 40 related

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.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
NPH USA, INC. (A RELATED ORGANIZATION) USES THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION OF THE CEO: - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • NPH USA INC

    501(C)(3) · TRANSFORMING THE LIVES OF ORPHANED AND DISADVANTAGED CHILDREN · IL

Provenance

Return type
form_990
Tax year
2023
Filed
13 February 2025
IRS schema version
2023v6.0
Source object
202500509349300140

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.