Friends of Olib Charity Inc
Nonprofit profile at a glance
- EIN
- 134041643
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025
- Location
- New York, NY, USA
- Phone
- 2016646320
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
- Affiliation
- Christianity
Reported finances
- Revenue
- $47,790
- Expenses
- $36,848
- Assets
- $90,594
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DAMIR RADOV (President)
- ANTE KLEVA (Vice President)
People named in this filing
- DAMIR RADOV (President)
- ANTE KLEVA (Vice President)
- STANKO BONCIC (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Restoration of churches in croatia
What it reported doing in 2025
The organization has been established primarily for the restoration of churches in croatia, the congregation of olib. Contributions will also be made to the poor and distressed such as the croation catholic mission and to convents in croatia. The percentage of time will vary, however it is anticipated that approximately 75% of the efforts will be dedicated to solicitation of contributions as there is no cost associated with that process. The balance of the time will be spent holding dances and similar functions. The activities will be conducted by the board of directors, their families and any other volunteers who are willing to donate time. The activities further the exempt purpose as the proceeds will be directed toward the restoration of churches, financial relief of the poor, under priviliged and will assist in preserving the historical and cultural heritage of croatia.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41%; rating input score 41
- Program expense ratio: 53.2%; rating input score 53
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 2.46; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.7% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 41% of revenue deployed · 53.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Review — Financial Efficiency: Program expense ratio scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.