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Nonprofiteer
← FRIENDS OF FONDACIONI FIRDEUS INC

Form 990 for tax year 2023

Filed by FRIENDS OF FONDACIONI FIRDEUS INC.

Totals

Total revenue
$4,548,089
Total expenses
$2,796,031
Contributions and grants received
$4,548,089
Grants paid
$2,640,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$8,375,818
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$8,375,818
Program services expenses (Part IX)
$2,653,159
Management and general expenses
$142,872
Fundraising expenses
$0
Program service expenses (Part III)
$2,653,159

Program services were 94.9% 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

    $4,548,089

  • 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 $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $2,640,000 · program services $2,640,000

  • 11b · Fees: legal

    total $231 · management and general $231

  • 11c · Fees: accounting

    total $12,058 · management and general $12,058

  • 11g · Fees: other

    total $60,818 · management and general $60,818

  • 13 · Office expenses

    total $2,630 · management and general $2,630

  • 14 · Information technology

    total $13,474 · program services $2,991 · management and general $10,483

  • 17 · Travel

    total $714 · management and general $714

  • 24a · Other expenses: BANK AND MERCHANT FEES

    total $55,629 · program services $0 · management and general $55,629

  • 24b · Other expenses: PAYPAL FEES

    total $10,477 · program services $10,168 · management and general $309

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,619,196 · end of year $8,371,254

  • 4 · Accounts receivable

    beginning of year $4,564 · end of year $4,564

  • 27 · Net assets without donor restrictions

    beginning of year $6,623,760 · end of year $8,375,818

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

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 - THE BRAVE LITTLE WARRIORS 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. THE FOUNDATION WORKS 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, THE FOUNDATION PROVIDES FINANCIAL AID TO COVER THE COSTS OF THEIR MEDICAL TREATMENT. IN SOME CASES, PATIENTS MAY REQUIRE SPECIALIZED CARE THAT IS NOT AVAILABLE IN THEIR HOME COUNTRY. IN SUCH INSTANCES, THE FOUNDATION WILL WORK TO ARRANGE FOR PATIENTS TO RECEIVE TREATMENT AT HOSPITALS IN EUROPE. THIS MAY INVOLVE COORDINATING TRAVEL AND ACCOMMODATION 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 $2,300,000 · Grants $2,300,000

  • NOURISHING LIVES - NOURISHING LIVES IS OUR PROGRAM DEDICATED TO PROVIDING FOOD AND CLOTHING ASSISTANCE TO LOW-INCOME INDIVIDUALS AND FAMILIES WHO ARE STRUGGLING TO MEET THEIR BASIC NEEDS. OUR PROGRAM AIMS TO ALLEVIATE HUNGER AND POVERTY BY PROVIDING NUTRITIOUS MEALS AND CLOTHING TO THOSE IN NEED.

    Expenses $340,000 · Grants $340,000

  • OTHER PROGRAMS: HOMES FOR HOPE AND EDUCATION FOR ALL.

    Expenses $13,159

As filed on the 2023 return.

Listed in Part VII

  • Shpetim Useini

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Genti Basha

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • Arjan Peza

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

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
28 August 2024
IRS schema version
2023v5.0
Source object
202422689349301652

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