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Nonprofiteer
← OLIVA HELPING HANDS FOUNDATION CORP

Form 990 for tax year 2023

Filed by OLIVA HELPING HANDS FOUNDATION CORP.

Totals

Total revenue
$90,754
Total expenses
$69,443
Contributions and grants received
$184,327
Grants paid
$31,079
Program service revenue
$0
Investment income
$0
Other revenue
-$93,573
Total assets, end of year
$75,183
Total liabilities, end of year
$3,696
Net assets or fund balances, end of year
$71,487
Program services expenses (Part IX)
$33,870
Management and general expenses
$22,364
Fundraising expenses
$13,209
Program service expenses (Part III)
$33,870

Program services were 48.8% 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.

  • 1c · Fundraising events

    $94,102

  • 1f · All other contributions, gifts and grants

    $90,225

  • 1g · Noncash contributions included above

    $21,203

  • 8a · Fundraising events: gross income

    $46,421

  • 8a · Fundraising events: contributions included on line 1c

    $94,102

  • 8b · Fundraising events: direct expenses

    $139,994

  • 8c · Net income from fundraising events

    total -$93,573 · excluded -$93,573

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $2,400 · program services $2,400

  • 3 · Grants to foreign organizations and individuals

    total $28,679 · program services $28,679

  • 11b · Fees: legal

    total $810 · management and general $810

  • 11c · Fees: accounting

    total $12,616 · management and general $12,616

  • 11g · Fees: other

    total $10,680 · program services $450 · fundraising $10,230

  • 13 · Office expenses

    total $2,166 · management and general $2,166

  • 17 · Travel

    total $2,979 · fundraising $2,979

  • 24a · Other expenses: CREDIT CARD MERCHANT FE

    total $3,792 · management and general $3,792

  • 24b · Other expenses: SOFTWARE EXPENSES

    total $2,670 · management and general $2,670

  • 24c · Other expenses: BANK FEES

    total $1,272 · program services $1,272

  • 24d · Other expenses: TELEPHONE AND COMMUNICA

    total $610 · program services $300 · management and general $310

  • 24e · All other expenses

    total $769 · program services $769

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $50,432 · end of year $72,433

  • 9 · Prepaid expenses and deferred charges

    end of year $770

  • 15 · Other assets

    beginning of year $335 · end of year $1,980

  • 17 · Accounts payable and accrued expenses

    end of year $3,696

  • 25 · Other liabilities

    beginning of year $591 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $50,176 · end of year $71,487

Mission and programs · 2023

Mission

OLIVA HELPING HANDS FOUNDATION, CORP IS ORGANIZED TO RAISE FUNDS AND ENACT OUTREACH TO THE UNDERPRIVILEDGED CHILDREN OF NICARAGUA. THE ORGANIZATION ALSO SUPPORTS SELECT ORGANIZATIONS IN THE UNITED STATES THAT FOCUS ON ASSISTING UNDERPRIVILEDGED CHILDREN AND YOUNG ADULTS.

Activities or mission (Part I)

RAISING FUNDS AND ENACTING OUTREACH TO UNDERPRIVILEDGED CHILDREN IN NICARAGUA AND THE UNITED STATES.

  • THE ORGANIZATION ASSISTED IN FACILITATING VARIOUS FUNDRAISING AND AWARENESS EVENTS TO BENEFIT DONATION ESCUELA ELEMENTAL NICARAGUA AND TO CONDUCT ACTIVE CHARITABLE OUTREACH IN NICARAGUA FOR UNDERPRIVILEDGED SCHOOL CHILDREN. SUCH OUTREACH INCLUDED THE PURCHASE AND DISTRIUTION OF SCHOOL SUPPLIES, TOYS, AND COMPUTER EQUIPMENT TO BE USED IN AN EDUCATIONAL SETTING.

    Expenses $33,870 · Grants $28,679

  • OLIVA HELPING HANDS PROVIDED FINANCIAL SUPPORT TO TWO U.S. ORGANIZATIONS (COCONUT GROVE ELEMENTARY AND DE MOYA FOUNDATION) THAT FOCUS ON PROVIDING EDUCATIONAL AND TRAINING SUPPORT FOR UNDERPRIVILEDGED CHILDREN AND THOSE WITH DISABILITIES WITHIN THEIR LOCAL AREAS.

    Grants $2,400

As filed on the 2023 return.

Listed in Part VII

  • FREDERIK VANDERMARLIERE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • FIDEL RODRIGUEZ VALDES

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • MIGUEL A MASPONS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
17 October 2024
IRS schema version
2023v5.1
Source object
202442969349300344

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