Friends Of Fondacioni Firdeus Inc

Organization Overview

Friends Of Fondacioni Firdeus Inc is located in Edwards, IL. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Fondacioni Firdeus 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 12/2021, Friends Of Fondacioni Firdeus Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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 ARE PLANNED TO BE FINISHED BY SUMMER 2022 AND DELIVERED WITHIN THE SAME PERIOD TO FAMILIES WHOSE HOMES WERE DESTROYED BY THE EARTHQUAKE OF 2019. THE LAST INSTALLMENT OF $190,000 WILL BE WIRED IN 2022 UPON RECEIPT OF THE FINAL GRANT REPORT BY FONDACIONI FIRDEUS.


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Board, Officers & Key Employees

Name (title)Compensation
Shpetim Useini
President
$0
Genti Basha
Vice President & Treasurer
$0
Shpetim Kura
Board Member
$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$2,305,817
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,305,817
Total Program Service Revenue$3,242
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,309,295

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of Fondacioni Firdeus Inc has recieved totaling $1,802,868.

Awarding OrganizationAmount
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$1,802,868
View Grant Recipient Profile

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