OLAD

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

BRAD BRUNSCH

Phone

7177259846

Tax Period

2024-01-01 to 2024-12-31

OLAD, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $332K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

COMBATTING POVERTY THROUGH WHOLISTIC DEVELOPEMENT IN THE RURAL COMMUNITY OF ANSE-ROUGE, HAITI.

Program Service Accomplishments

Program 1

Expenses: $361,345

OLAD IS A CONTINUATION OF A HAITIAN GRASSROOTS PROGRAM LOCATED IN PORT-AU- PRINCE AND GRAND-DIABLE AREAS, WHICH PROVIDES CHILDREN WITH AN EDUCATION AS WELL AS SOCIAL, SPIRITUAL, PHYSICAL AND...

OLAD IS A CONTINUATION OF A HAITIAN GRASSROOTS PROGRAM LOCATED IN PORT-AU- PRINCE AND GRAND-DIABLE AREAS, WHICH PROVIDES CHILDREN WITH AN EDUCATION AS WELL AS SOCIAL, SPIRITUAL, PHYSICAL AND EMOTIONAL SUPPORT. THEY ALSO HELP THE LOCAL COMMUNITIES SEEK VIABLE WATER SOLUTIONS AND FOCUS ON STIMULATING THE LOCAL ECONOMIES, BY PROVIDING JOBS, SUPPORT EXISTING BUSINESSES AND PROVIDING OPPORTUNITIES FOR MICRO-ENTERPRISE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $331,641

Program Service Revenue $0

Investment Income $555

Other Revenue $72

TOTAL REVENUE $332,268

Expense Breakdown

Grants Paid $317,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,345

Other Expenses $47,926

TOTAL EXPENSES $365,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$332,268	$224,891	+0.5%
Expenses	$365,026	$320,586	+0.1%
Net Income	$-32,758	$-95,695	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD BRUNSCH	PRESIDENT	5.00	Officer Director	$0	$0	$0
KRISCHELLE FROST	SECRETARY	10.00	Officer Director	$0	$0	$0
DAVID MUCHMORE	TREASURER	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$332,268	$365,026	$55,708	$-32,758
2023	$224,891	$320,586	$88,466	$-95,695
2022	$428,617	$285,997	$184,161	$142,620
2021	$332,402	$290,861	$41,541	$41,541