Outreach Aid to the Americas / ECHOCuba

The information on this page was last updated 12/21/2023. If you see errors or omissions, please email: [email protected]


Summary



Outreach Aid to the Americas is a faith-based nonprofit organization dedicated to serving vulnerable communities in Central America and the Caribbean through relief assistance, development programs, and freedom of religion or belief advocacy.


Contact information

Mailing address:
Outreach Aid to the Americas
PO Box 546135
Miami, FL 33154

Website: oaausa.org

Phone: 305-884-0441

Email: [email protected]


Organization details

EIN: 650510432

CEO/President: Dr. Teo A Babun

Chairman: Frank Alcorn IV

Board size: 10

Founder: Dr. Teo A Babun

Ruling year: 1995

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2007


Purpose

Vision: Be a faith-based organization of excellence responding to the needs of the most vulnerable people and communities in Latin America.


Mission statement

Outreach Aid to the Americas' mission is to effectively mobilize resources and partners for relief & preparedness, advocacy, and sustainable development. We aim to help vulnerable communities by feeding the hungry, standing beside the broken, teaching them new skills, securing peace, and advocating for freedoms.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating11 of 11133 of 87
Fund acquisition rating66 of 11145 of 87
Resource allocation rating77 of 111411 of 87
Asset utilization rating21 of 11133 of 87

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%0%0%0%0%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%0%0%0%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%100%100%99%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%0%0%0%0%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%0%0%1%0%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%96%93%97%94%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%101%96%100%97%98%
Program output ratio Program output ratio =
Program services /
Total revenue
82%97%90%97%92%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-1%4%0%3%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-27%51%3%58%61%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%4%7%3%5%11%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.517.726.259.0517.0817.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.242.111.021.021.041.10
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.9016.256.369.2017.6919.10
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
16.594.839.005.453.913.02
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.210.110.180.260.33
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.840.591.681.070.500.42
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%61%53%50%25%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%44%42%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
60%5%8%6%4%4%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$318,743$1,057,632$455,387$274,705$181,832
Receivables, inventories, prepaids$215,083$109,137$83,188$67,814$1,069
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$533,826$1,166,769$538,575$342,519$182,901
Long-term investments$500,000$0$0$0$0
Fixed assets$8,713$13,995$1,113$4,364$9,702
Other long-term assets$81,487$7,109$7,837$7,837$7,837
Total long-term assets$590,200$21,104$8,950$12,201$17,539
Total assets$1,124,026$1,187,873$547,525$354,720$200,440
 
Liabilities20222021202020192018
Payables and accrued expenses$110,591$129,623$98,891$61,452$50,750
Other current liabilities$0$0$0$26,211$9,835
Total current liabilities$110,591$129,623$98,891$87,663$60,585
Debt$500,000$500,000$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$75,378$0$172,310$0$0
Total long-term liabilities$575,378$500,000$172,310$0$0
Total liabilities$685,969$629,623$271,201$87,663$60,585
 
Net assets20222021202020192018
Without donor restrictions$438,057$558,250$272,740$189,057$9,113
With donor restrictions$0$0$3,584$78,000$130,742
Net assets$438,057$558,250$276,324$267,057$139,855
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$8,542,111$7,695,420$4,937,697$6,157,451$3,573,743
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$26$0$0$0$0
Other revenue$12,701$6,937$24,535$56,855$5,203
Total other revenue$12,727$6,937$24,535$56,855$5,203
Total revenue$8,554,838$7,702,357$4,962,232$6,214,306$3,578,946
 
Expenses20222021202020192018
Program services$8,294,858$6,914,497$4,796,889$5,723,191$3,078,943
Management and general$370,683$503,255$142,593$312,801$394,952
Fundraising$9,490$2,679$13,483$22,164$19,425
Total expenses$8,675,031$7,420,431$4,952,965$6,058,156$3,493,320
 
Change in net assets20222021202020192018
Surplus (deficit)($120,193)$281,926$9,267$156,150$85,626
Other changes in net assets$0$0$0$0$0
Total change in net assets($120,193)$281,926$9,267$156,150$85,626

Compensation

NameTitleCompensation
Dr Teo A Babun JrDirector$212,460

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/21/2023. To update the information below, please email: [email protected]


History

Our organization was founded in 1994 as EchoCuba by our CEO, Dr. Teo Babun, and a group of North American Christians. Our initial goal was to support the church in Cuba, a country whose political and economic conditions impede the growth and development of the faith community.

EchoCuba grew into a prominent non-profit organization, demonstrating the ability to work in the difficult on-island setting. However, our growth did not stop at Cuba as we expanded our focus to the needs of vulnerable groups in the rest of the Caribbean and Central America. Our organization's name was later changed to Outreach Aid to the Americas to reflect the larger geographical area where we now work.

Over the next 26 years the scope of our work also expanded to new areas of need: disaster preparedness, post-disaster recovery and humanitarian relief; broad-based community development; entrepreneurship and small business development; civil society strengthening; and human rights advocacy through the promotion of freedom of religion, expression and assembly.

OAA's program expansion has relied on a network of collaborating partners in the U.S. and in the countries in which we work. Many of our joint efforts have focused on the development of faith-based organizations (FBOs) which OAA supports to advocate and provide essential services for the most vulnerable members of their communities. OAA's technical assistance and donations are often complemented by FBO basic infrastructure, such as warehouses, for on-site work such as distribution of donated relief goods. With OAA's investment in long-term capacity building of the FBOs, the partnership achieves not only short-term results, but also lasting, sustainable impacts.

EchoCuba, which started as the primary organization, is today but just one of the initiatives of Outreach Aid to the Americas, which also includes our Community and Port Resiliency Program (C-PReP), Americas Relief Team and Explore International.

Below are some key events during OAA's history of working for the communities and individuals in need in Latin America and the Caribbean:

1994: We were founded as EchoCuba by a group of North American Christians to support the emerging independent Cuban church.

2004: We Introduced "Business in a Box" and "P.A.I.L.S. 4 Haiti" as self-employment initiatives and effective tools for reconstruction and development.

2008: We carried out our first disaster relief response (117,000 victims assisted) after hurricanes Gustav and Ike, Cuba's worst natural disasters in history.

2014: We partnered with Feed My Starving Children, Mathew 25 Ministries, and Feeding the Nations to provide over 4 million pre-packaged meals to persecuted individuals, vulnerable children, pregnant women, people with disabilities, and the elderly.

2019: We collaborated with the Red Cross, USAID and Caribbean Disaster Emergency Management Agency (CDEMA) to distribute trailer-mounted diesel generator sets in the Bahamas islands following the devastation caused by Hurricane Dorian


Program accomplishments

2022 Impact

17,892 people receiving direct food and aid relief
9,861,040 serving of meals
6,122 people trained on leadership and business
663 people trained on disaster preparedness
400 people engaged on freedom of religion


Needs

Our work is made possible by the donations of people like you. 85% of donations go directly into programs that feed and care for the hungry and the vulnerable.