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 detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 10 of 1115 | 2 of 92 | |
Fund acquisition rating | 75 of 1116 | 4 of 92 | |
Resource allocation rating | 82 of 1116 | 9 of 92 | |
Asset utilization rating | 21 of 1115 | 3 of 92 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
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 ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 96% | 93% | 97% | 94% | 88% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 101% | 96% | 100% | 97% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 97% | 90% | 97% | 92% | 86% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -1% | 4% | 0% | 3% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -27% | 51% | 3% | 58% | 61% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 4% | 7% | 3% | 5% | 11% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.46 | 7.72 | 6.25 | 9.05 | 17.08 | 17.43 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.22 | 2.11 | 1.02 | 1.02 | 1.04 | 1.10 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.85 | 16.25 | 6.36 | 9.20 | 17.69 | 19.10 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.06 | 4.83 | 9.00 | 5.45 | 3.91 | 3.02 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.21 | 0.11 | 0.18 | 0.26 | 0.33 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.10 | 0.59 | 1.68 | 1.07 | 0.50 | 0.42 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
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 | 62% | 5% | 8% | 6% | 4% | 4% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
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 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
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 | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
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 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
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 assets | 2022 | 2021 | 2020 | 2019 | 2018 |
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
Name | Title | Compensation |
Dr Teo A Babun Jr | Director | $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.