Form 990 for tax year 2022
Filed by FRIENDS OF FONDACIONI FIRDEUS INC.
Totals
- Total revenue
- $3,732,630
- Total expenses
- $2,232,371
- Contributions and grants received
- $3,732,407
- Grants paid
- $2,092,568
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $223
- Total assets, end of year
- $6,623,760
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $6,623,760
- Program services expenses (Part IX)
- $2,092,568
- Management and general expenses
- $139,803
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,092,568
Program services were 93.7% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$3,732,407
-
1g · Noncash contributions included above
$0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11d · All other revenue
total $223 · related or exempt $223 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$223
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $2,092,568 · program services $2,092,568
-
11b · Fees: legal
total $1,361 · program services $0 · management and general $1,361 · fundraising $0
-
11c · Fees: accounting
total $13,770 · program services $0 · management and general $13,770 · fundraising $0
-
11g · Fees: other
total $75,000 · program services $0 · management and general $75,000 · fundraising $0
-
24a · Other expenses: MERCHANT FEES
total $49,672 · program services $0 · management and general $49,672 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,123,501 · end of year $6,619,196
-
4 · Accounts receivable
end of year $4,564
-
27 · Net assets without donor restrictions
beginning of year $5,123,501 · end of year $6,623,760
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
TO PROVIDE RELIEF AND DEVELOPMENT IN A DIGNIFIED MANNER TO DISTRESSED FAMILIES IN ALBANIA, AND TO WORK TO EMPOWER INDIVIDUALS WHOSE LIVES AND LIVELIHOODS ARE DEVASTATED BY POVERTY AND DISASTER TO SURVIVE, RECOVER AND GAIN CONTROL OF THEIR FUTURE.
Activities or mission (Part I)
TO PROVIDE RELIEF AND DEVELOPMENT IN A DIGNIFIED MANNER TO DISTRESSED FAMILIES IN ALBANIA, AND TO EMPOWER INDIVIDUALS WHOSE LIVES AND LIVELIHOODS ARE DEVASTATED BY POVERTY AND DISASTER TO SURVIVE, RECOVER AND GAIN CONTROL OF THEIR FUTURE.
-
BRAVE LITTLE WARRIORS - THIS PROGRAM IS A VITAL INITIATIVE THAT AIMS TO ENSURE THAT CHILDREN IN NEED HAVE ACCESS TO THE MEDICAL CARE THEY DESERVE. THE PROGRAM IS DESIGNED TO ASSIST CHILDREN SUFFERING FROM SERIOUS OR CHRONIC DISEASES WHOSE FAMILIES, DUE TO ECONOMIC DIFFICULTIES, ARE UNABLE TO COVER THE COSTS OF HEALTH TREATMENTS. THIS CAN INCLUDE EVERYTHING FROM DIAGNOSTIC PROCEDURES AND LABORATORY TESTS, TO SURGERIES, MEDICATIONS AND POST-OPERATIVE CARE. WE WORK CLOSELY WITH FONDACIONI FIRDEUS, MEDICAL PROFESSIONALS, AND HEALTHCARE PROVIDERS TO IDENTIFY AND ASSESS THE NEEDS OF PATIENTS WHO ARE IN NEED OF FINANCIAL ASSISTANCE. ONCE A PATIENT HAS BEEN IDENTIFIED AND THEIR CASE HAS BEEN EVALUATED, WE PROVIDE FINANCIAL AID TO COVER THE COSTS OF THEIR TREATMENT. IN SOME CASES, PATIENTS MAY REQUIRE SPECIALIZED CARE THAT IS NOT AVAILABLE IN THEIR HOME COUNTRY. IN SUCH INSTANCES, WE WORK TO ARRANGE FOR PATIENTS TO RECEIVE TREATMENT AT HOSPITALS IN EUROPE. THIS MAY INVOLVE COORDINATING TRAVEL AND ACCOMODATION FOR PATIENTS AND THEIR FAMILIES, AS WELL AS ARRANGING FOR MEDICAL CONSULTATIONS AND TREATMENTS. OVERALL, THE GOAL OF OUR BRAVE LITTLE WARRIORS PROGRAM IS TO ENSURE THAT CHILDREN HAVE ACCESS TO THE MEDICAL CARE THEY NEED, REGARDLESS OF THEIR FINANCIAL SITUATION, AND TO PROVIDE THEM WITH THE BEST POSSIBLE CHANCE FOR RECOVERY AND A BETTER QUALITY OF LIFE.
Expenses $1,900,000 · Grants $1,900,000
-
RECONSTRUCTION PROJECT AFTER THE NOVEMBER 2019 EARTHQUAKE IN ALBANIA - IN 2020, THE BOARD APPROVED A GRANT FOR FONDACIONI FIRDEUS IN ALBANIA IN THE AMOUNT OF $3,851,000, TO "BUILD NEW HOUSING UNITS FOR LOW AND MODERATE INCOME FAMILIES WHOSE HOMES WERE DESTROYED BY THE EARTHQUAKE OF NOVEMBER 26, 2019 IN ALBANIA. THE PROJECT WILL BE IMPLEMENTED AND CARRIED OUT IN COOPERATION WITH THE ALBANIAN GOVERNMENT." IN DECEMBER 2020, WE SENT THE FIRST GRANT PAYMENT IN THE AMOUNT OF $1,451,000. IN MARCH 2021, WE SENT THE SECOND INSTALLMENT IN THE AMOUNT OF $1,302,000 AND IN OCTOBER 2021, WE SENT THE THIRD INSTALLMENT IN THE AMOUNT OF $907,450. THE NEW HOUSING UNITS WERE FINISHED IN SUMMER 2022 AND DELIVERED WITHIN THE SAME PERIOD TO FAMILIES WHOSE HOMES WERE DESTROYED BY THE EARTHQUAKE OF 2019. THE LAST INSTALLMENT OF $192,568 WAS WIRED IN 2022 UPON RECEIPT OF THE FINAL GRANT REPORT BY FONDACIONI FIRDEUS.
Expenses $192,568 · Grants $192,568
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Arjan PezaARJAN PEZA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Shpetim UseiniSHPETIM USEINI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Genti BashaGENTI BASHA
VICE PRESIDENT & TREASURER
- Total calculated
- $0
- Hours/week
- 20
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
- 2022
- Filed
- 11 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311319349304166
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