Our Little Brothers & Sisters Inc
- Assets
- $1.5m
- Revenue
- $512.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Dumfries, VA
- Founding
- 08/1969
- Data as of
- 06/2023
- EIN
- 23-7034358
Organization Overview
Our Little Brothers & Sisters Inc is located in Dumfries, VA. The organization was established in 1969. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Little Brothers & Sisters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Our Little Brothers & Sisters Inc generated $512.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $531.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OLBS MISSION IS TO ASSIST ORPHANED CHILDREN IN LATIN AMERICA THROUGH RAISING MONEY IN THE US TO FORWARD TO NUESTROS PEQUENOS HERMANOS (NPH). 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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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
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
OTHER DONATION TO 501(C)(3) ORGANIZATIOM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank J Krafft Treasurer | OfficerTrustee | 1 | $0 |
Stephen E Krafft President | OfficerTrustee | 20 | $0 |
Nicole M Varner Vice President | OfficerTrustee | 3 | $0 |
Aya Akylkhan Director | Trustee | 7 | $13,910 |
Patrick J Richter Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $545,819 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $545,819 |
| Total Program Service Revenue | $0 |
| Investment income | $18,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$52,131 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $512,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150,600 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $328,683 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,034 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,369 |
| Insurance | $5,815 |
| All other expenses | $451 |
| Total functional expenses | $531,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,317 |
| Savings and temporary cash investments | $780,817 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $776 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $218,741 |
| Investments—publicly traded securities | $149,814 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,469,465 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,161,346 |
| Net assets with donor restrictions | $308,119 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,469,465 |
Grants Awarded
Over the last fiscal year, Our Little Brothers & Sisters Inc has awarded $125,025 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NPHI USA PURPOSE: PROVIDE FINANCIAL ASSISTANCE FOR VARIOUS NPHI PROJECTS AS THEY RELATE TO THE NPH ORPHANAGES | $19,575 |
THE ST LUKE FOUNDATION FOR HAITI PURPOSE: PROVIDE GRANTS FOR MEDICAL CARE, EDUCATION, HUMANITARIAN AID, EMPLOYMENT OPPORTUNITIES | $90,450 |
KIDS CONNECTION HAITI PURPOSE: 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. | $15,000 |