Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 155,804 | 360,260 | 548,357 | 260,371 | 147,511 | 1,472,303 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 155,804 | 360,260 | 548,357 | 260,371 | 147,511 | 1,472,303 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 114,948 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 1,357,355 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 155,804 | 360,260 | 548,357 | 260,371 | 147,511 | 1,472,303 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 5,056 | 1,201 | 97 | 438 | 743 | 7,535 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 1,693 | 5,910 | 14,627 | 18,972 | 1,717 | 42,919 |
| 11 | Total support. Add lines 7 through 10 | 1,522,757 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
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(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2023 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2023 |
(iii) Distributable Amount for 2023 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2023 from Section C, line 6 | ||||
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2
Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2023: | ||||
| a From 2018....... | ||||
| b From 2019....... | ||||
| c From 2020....... | ||||
| d From 2021....... | ||||
| e From 2022....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2023 distributable amount | ||||
|
i
Carryover from 2018 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2023 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2023 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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6
Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2024. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2019..... | ||||
| b Excess from 2020..... | ||||
| c Excess from 2021..... | ||||
| d Excess from 2022..... | ||||
| e Excess from 2023..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Other income Part II line 10 or Part III line 12 | FOREIGN CURRENCY GAIN $42,919 |
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| Form 990 governing body review Part VI line 11 | A FULL REVIEW OF THE FORM 990 IS CONDUCTED BY THE BOARD OF DIRECTORS, THE EXECUTIVE DIRECTOR AND THE FINANCE MANAGER BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS DISTRIBUTED BOTH ELECTRONICALLY AND IN PAPER FORM TO THE FULL BOARD OF DIRECTORS BY THE EXECUTIVE DIRECTOR FOR REVIEW, PRIOR TO BOARD APPROVAL. |
| Conflict of interest policy compliance Part VI line 12c | THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS APPLICABLE TO THE BOARD OF DIRECTORS AND ALL HIGHLY COMPENSATED EMPLOYEES OF THE ORGANIZATION. ANY DIRECTOR OR SENIOR EMPLOYEE WHO HAS A DIRECT OR INDIRECT FINANCIAL AND/ OR PERSONAL INTEREST, AND HAS THE ABILITY TO INFLUENCE A TRANSACTION OR BUSINESS ARRANGEMENT, MUST DISCLOSE THEIR POTENTIAL CONFLICT OF INTEREST, AND ALL MATERIAL FACTS, TO THE BOARD OF DIRECTORS. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND AFTER DISCUSSION WITH THE INTERESTED PARTY, THE INDIVIDUAL WILL LEAVE THE BOARD MEETING WHILE DETERMINATION OF A POTENTIAL CONFLICT OF INTEREST IS DISCUSSED. THE BOARD CHAIR CAN, IF APPROPRIATE, APPOINT A DISINTERESTED PARTY OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS WILL DETERMINE IF THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT. IF A MORE ADVANTAGEOUS ALTERNATIVE IS NOT POSSIBLE, THE BOARD, BY MAJORITY VOTE, WILL DETERMINE IF THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE ORGANIZATION. THE MINUTES OF THE BOARD MEETING AND OF ALL RELATED COMMITEES WITH BOARD DESIGNATED POWERS WILL CONTAIN THE NAMES OF PERSONS DISCLOSING AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE IF A CONFLICT OF INTEREST EXISTS, AND THE BOARD DECISION AS TO WHETHER A CONFLICT EXISTED. ADDITIONALLY, THE NAMES OF ALL PRESENT FOR DISCUSSIONS AND VOTING RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION AND RECORD OF THE VOTES WITHIN THE PROCEEDINGS ARE ALSO DOCUMENTED IN THE BOARD MINUTES. IF THE BOARD OF DIRECTORS HAS REASON TO BELIEVE THAT A DIRECTOR OR EMPLOYEE HAS FAILED TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE INDIVIDUAL WILL BE INFORMED, AND GIVEN AN OPPORTUNITY TO EXPLAIN THE FAILURE TO DISCLOSE. IF IT IS DETERMINED BY THE BOARD OF DIRECTORS THAT THE PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WILL BE TAKEN. EACH MEMBER OF THE BOARD OF DIRECTORS, MEMBER OF A BOARD COMMITTEE, AND SENIOR EMPLOYEE OF THE ORGANIZATION WILL ANNUALLY SIGN A STATEMENT THAT CONFIRMS THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, THEY HAVE READ AND UNDERSTOOD THE POLICY, AND THAT THEY AGREE TO COMPLY WITH THE POLICY. THE DISCLOSURE FORMS ARE RETAINED WITHIN THE ORGANIZATIONS BOOK AND RECORDS. |
| CEO executive director top management comp Part VI line 15a | THE PROCESS USED BY THE LAMBI FUND OF HAITI FOR DOCUMENTING COMPENSATION OF THE EXECUTIVE DIRECTOR IS:1. THE LAMBI FUND OF HAITI STAFF COMPILES A SURVEY ON COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR COMPARABLE POSITIONS AND PROVIDES THE DATA TO THE EXECUTIVE COMMITEE OF LAMBI FUND OF HAITI. THE ORGANIZATION USES THE CHARITY NAVIGATOR WEBSITE TO OBTAIN COMPARABLE EXECUTIVE COMPENSATION DATA.2. THE EXECUTIVE COMMITTEE REVIEWS THE COMPARABILITY DATA. 3. THE EXECUTIVE COMMITTEE COMPARES THE PROPOSED SALARIES FOR THE EMPLOYEES WITH THE COMPARABLE DATA AND DETERMINES THE REASONABLENESS OF THE PROPOSED COMPENSATION PACKAGE. IF THE COMMITTEE DETERMINES THE REASONABLE COMPENSATION IS HIGHER OR LOWER THAN THE RANGE OF COMPARABLE DATA OBTAINED, THEY ARTICULATE THE BASIS FOR THE DETERMINATION.4. THE EXECUTIVE COMMITTEE TAKES THE ITEM TO THE BOARD FOR APPROVAL.DOCUMENTATION INCLUDES: A. LIST OF DISQUALIFIED EMPLOYEES WITH THEIR RESPECTIVE COMPENSATION PACKAGE REVIEWD BY THE EXECUTIVE COMMITTEE. B. THE NAMES OF MEMBERS PRESENT DURING THE DISCUSSION ON THE ISSUE AND WHO VOTED ON IT. C. COMPARABILITY DATA RELIED UPON BY THE EXECUTIVE COMMITTEE AND HOW THE DATA WAS OBTAINED. D. BASIS FOR THE DETERMINATION OF REASONABLENESS THIS PROCESS WAS LAST UNDERTAKEN IN 2016. AFTER 2016, THE EXECUTIVE DIRECTORS SALARY DECREASED DUE TO FINANCIAL CONSTRAINTS. THE SALARY WAS DETERMINED TO BE REASONABLE. |
| Governing documents etc available to public Part VI line 19 | THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE AS IT IS POSTED IN GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORM 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OF THE ORGANIZATION AT 1050 CONNECTICUT AVENUE NW, SUITE 500, WASHINGTON, D.C. 20036, OR BY CALLING THE ORGANIZATION AT 202-772-2372. |
| Part III response or note to any other line in Part III | FORM 990, PART I, SUMMARY, LINE 1 - ORGANIZATIONS MISSION OR MOST SIGNIFICANT ACTIVITIESTHE LAMBI FUND OF HAITIS MISSION IS TO WORK WITH LOCAL ORGANIZATIONS IN HAITI TO SUPPORT EFFORTS TO CHANGE THE LIVING CONDITIONS OF RURAL COMMUNITIES IN A CONTEXT OF DEMOCRACY, SOCIAL JUSTICE AND SUSTAINABLE DEVELOPMENT. THE LAMBI FUND OF HAITI SETS ITS PRIORITY FOCUS ON RURAL FARMING. THEY ARE AS FOLLOWS: SUSTAINABLE DEVELOPMENT, ANIMAL HUSBANDRY, ENVIRONMENT, ALTERNATIVE ECONOMY, AND TRAINING/ CAPACITY BUILDING/ ADVOCACY. THE LAMBI FUND SUPPORTS THE SPECIFIC PROJECT DEVELOPMENT AND IN ADDITION PROVIDES TRAINING AND EDUCTION SPECIFIC TO EACH PROJECT TO BUILD ORGANIZATIONAL CAPACITY AND SKILL SETS NEEDED FOR LONGEVITY AND SUSTAINABILITY. FORM 990, PART III, LINE 4A FIRST ACCOMPLISHMENTSUSTAINABLE DEVELOPMENT AND ANIMAL HUSBANDRYIN 2023, LAMBI FUND OF HAITI AIDED A NEW ORGANIZATION WITH A SHEEP BREEDING PROJECT FROM THE REGION OF HAITI IN THE RURAL TOWN OF KAVAYON (CAVAILLON). THE ORGANIZATION STARTED IN AUGUST 2023 WITH 55 SHEEP (5 MALES AND 50 FEMALES). THE ORGANIZATION DISTRIBUTED ALL OF THE FEMALE SHEEP TO THE 50 MEMBERS. IN ADDITION, 5 MEMBERS RECEIVED THE MALE SHEEP. THE MEMBERS RECEIVED A 2-DAY EDUCATIONAL TRAINING ON BREEDING TECHNIQUES TO ENSURE THE MEMBERS ARE EQUIPPED TO PROVIDE ADEQUATE CARE. THE TRAINING IS FACILITATED BY A LOCAL VETERINARIAN WHO HAS COMMITTED TO THE DURATION OF THE PROJECT TO ASSIST THE MEMBERS. IN ADDITIONAL, THE MEMBERS HAVE ACCESS TO A SMALL VETERINARY PHARMACY WHICH HOUSE THE BASIC MEDICAL SUPPLIES FOR TREATING THE MOST COMMON DISEASES. IN AUGUST 2023, A SMALL GROUP OF LOCALS ORGANIZED A PLAN TO IMPROVE FOUR CANALS THAT REQUIRED MAJOR RECONSTRUCTION. THE ORGANIZATION, ASIDC (ASSOCIATION OF IRRIGATION SYSTEMS DORI / CARAVAN) PRESENTED TO LAMBI FUND OF HAITI AN INITIATIVE OF RECONSTRUCTING THE IRRIGATION CANALS, SPANNING 100 METERS IN LENGTH. THIS LABOR INTENSIVE PROJECT REQUIRED FUNDS TO PURCHASE SAND, CEMENT AND OTHER MATERIALS AND SUPPLIES SUCH AS WOODEN PALLETS, STRINGS, BUCKETS ETC.THE IMPROVEMENT OF THE IRRIGATION CANAL SERVES AS AN IMPORTANT FACTOR IN IMPROVING THE LIVES OF THE LOCAL FARMERS. UPON COMPLETION OF THE CANAL, FARMERS WILL HAVE ACCESS TO WATER THAT WILL AIDE IN MAINTAINING A CONSISTENT WATERING SCHEDULE. AS A RESULT, IT WILL IMPROVE CROP GROWTH AND QUALITY, THUS, CREATING A RELIABLE FOOD AND REVENUE SOURCE FOR THE LOCALS IN THE AREA. FORM 990, PART III, LINE 4B SECOND ACCOMPLISHMENTENVIRONMENTDUE TO A DECLINE IN DONOR FUNDING, LAMBI FUND OF HAITI AIDED 11 ORGANIZATIONS. THERE WERE 6 PEASANT ORGANIZATIONS IN THE DEPARTMENT OF LATIBONIT (ARTIBONITE) AND 5 ORGANIZATIONS IN SOUTHERN HAITI. THESE ORGANIZATIONS PRODUCED APPROXIMATELY 320,000 FRUIT AND FOREST SEEDLINGS DURING THE YEAR. THE SEEDLINGS WERE MONITORED CLOSELY FOR SIX MONTH AND THEN TRANSPLANTED INTO LOCAL GARDENS AND SMALL COMMUNITY FOREST DESIGNATED FOR ITS REFORESTATION PROJECT. SEEDLINGS WERE PLANTED IN ASSOCIATION WITH OTHER COMPLIMENTING PLANTS TO SET UP AN AGROFORESTRY GARDENS. WITH THIS TECHNIQUE, THE ORGANIZATIONS MANAGED TO PRODUCE MORE SEEDLINGS THAN EXPECTED WHICH INCREASE THE SUCCESS TO 85% 90% SURVIVAL. THE PRODUCTION CONSISTED ON THE FOLLOWING FOREST TREES: ACACIA CEDAR, POPLAR, CASHEW, WHITE WOOD, SAMAN, SPEAR, OAK, AND OLIVE. IN ADDITION, THE MEMBER PLANTED THE FOLLOWING THE FRUIT BEARING TREE: SOURSOP, CHERRY, TAMARIND, AVOCADO, MANGO, ORANGE, GRAPEFRUIT, PAPAYA, COFFEE, HEMP, CAROB, COCOA, SAFFRON, ALMONDS, AND CASHEW NUTS. TO BETTER MANAGE THESE PROJECTS, THE ORGANIZATIONS DIVIDED THE RESPONSIBILITIES AMONG ITS MEMBERS. COMMITTEES WERE FORMED TO MONITOR PROJECT FINANCES AND PRESENT REPORTS TO LAMBI FUND, TO SETUP NURSERIES AND TAKE CARE OF THE SEEDLINGS DAILY, TO PURCHASE TOOLS AND OTHER MATERIALS NECESSARY FOR IMPLEMENTATION OF THE PROJECTS, AND TO CONDUCT TRAINING ON NURSERY TECHNIQUES, SUSTAINABLE AGRICULTURE PRACTICES, AND ORGANIZATIONAL STRENGTHENING. AT THE END OF THE YEAR, A TOTAL OF 270,967 SEEDLINGS WERE DISTRIBUTED AND PLANTED. ORGANIZATIONS OFTEN SHARE THEIR TEMPLATES WITH OTHER INSTITUTIONS IN THE AREA SUCH AS CHURCHES AND SCHOOLS IN ORDER TO EDUCATE THE LOCALS ABOUT THE ENVIRONMENTAL ISSUES CONCERNING DEGRADATION AND DEFORESTATION. FORTUNATELY, THE MEMBERS DID NOT EXPERIENCE MANY CHALLENGES THIS YEAR. THERE WERE MINOR PERIODS OF DROUGHT AND DELAY IN SEEDLING DISTRIBUTION DUE TO LACK OF PARTICIPANTS. OVERALL, THE ORGANIZATIONS WERE SUCCESSFUL IN ACHIEVING ITS GOAL. FORM 990, PART III, LINE 4C THIRD ACCOMPLISHMENTEMERGENCY/DISASTER RELIEFIN MARCH 2023, 6 SMALL FARMER ORGANIZATIONS WERE GIVEN ASSISTANCE IN THEIR LONG TERM REBUILDING EFFORTS. IN THE AFTERMATH OF THE AUGUST 2021 EARTHQUAKE, LAMBI FUND OF HAITI RENDERED AIDE TO VARIOUS ORGANIZATIONS WHO WERE IN NEED OF SURVIVAL RESOURCES, SHELTER, AND PORTABLE WATER SYSTEMS. IN DEVELOPING COUNTRIES WHERE RESOURCES ARE SCARCE, RECOVERY EFFORTS OFTEN TAKE YEARS. DUE TO THE SEVERITY OF THE DEVASTATION AND THE EXTENT OF DAMAGES, THE RECOVER PROCESS IS GRADUAL. THEREFORE, THE ORGANIZATIONS MUST WORK IN STAGES. THESE STAGES OFTEN COMPRISE OF THE ANALYSIS OF THE SCOPE OF DAMAGE, MITIGATION, SAFETY, CLEANUP EFFORTS, AND REPAIRING DAMAGED FACILITIES AND INFRASTRUCTURE. IN ADDITION, SMALL FARMERS MUST ALSO DEAL WITH THE LONG-TERM IMPACT OF SOIL QUALITY AND REPLANTING. DEPENDING ON THE CROP, THE RECOVERY TIME WILL VARY. AS PERENNIAL CROPS EXPERIENCE A LONGER RECOVER TIME PERIOD THAN ANNUAL CROPS. CONSEQUENTLY, THE RECOVERY EFFORT WILL BE EXTENSIVE. THESE SMALL ORGANIZATIONS WERE GIVEN ASSISTANCE TO CONTINUE WITH THEIR REBUILDING EFFORT TO PURCHASE AGRICULTURAL MATERIALS AND SUPPLIES TO RESUME THEIR FARMING ACTIVITIES. FORM 990, PART III, LINE 4D- FOURTH ACCOMPLISHMENTALTERNATIVE ECONOMYLAMBI FUND OF HAITI CONTINUES TO PROVIDE SUPPORT TO ORGANIZATIONS WHO ARE CREATING MEANS OF REVENUE STREAM. THIS PROGRAM AIMS TO REINFORCE EXISTING LOAN FUNDS TO IMPROVE THEIR ABILITY TO HAVE ACCESS TO CREDIT. IN 2023, THESE ORGANIZATIONS UTILIZED THE FUNDS TO FURTHER THEIR ENTREPRENEURIAL ENDEAVORS. ENGAGING IN COMMERCE, THE BENEFICIARIES PURCHASE ALL KINDS OF GOODS AND PRODUCTS SUCH AS SHOES, CLOTHING, HOUSEHOLD GOODS, HYGIENE PRODUCTS, AND OTHER BASIC NECESSITIES TO RESELL. THROUGH THIS PROGRAM, THE MEMBERS HAVE SEEN AN AVERAGE RETURN OF 35 PERCENT. ALTHOUGH THE MEMBERS ARE EXPERIENCING MODEST PROFIT, IT HAS BEEN CONCLUDED THAT THE INSECURITY OF THE COUNTRY PRESENTS A CHALLENGE FOR THESE MEMBER TO TRANSPORT THEIR GOODS AND PRODUCTS EASILY. NONETHELESS, THEIR RESILIENCE, DETERMINATION, AND PERSEVERANCE ALLOWS THE MEMBER TO FIND INNOVATIVE WAYS TO BOOST THEIR ECONOMIC ACTIVITIES.LAMBI FUND OF HAITI HAS NOT BEEN LENIENT ON THE REIMBURSEMENT TERMS AS TO IMPEDE ANY FINANCIAL CONSTRAINT UPON THE ORGANIZATIONS. |
| Part VII response or note to any other line in Part VII | EXECUTIVE DIRECTOR, JOSETTE M. PERARD, IS A SALARIED EMPLOYEE OF THE ORGANIZATION AT THE HAITI LOCATION. MS. PERARD RESIDES IN HAITI AND RECEIVED HER COMPENSATION AT THAT LOCATION, WHICH DOES NOT REQUIRE W-2 OR 1099-NEC REPORTING. |
| Part XII Response or note to any line in Part XII | THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR THE SELECTION OF THE OUTSIDE ACCOUNTANT AND FOR THE OVERSIGHT OF THE REVIEW AND COMPILATION OF THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED IN THE PAST YEAR. |
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