Barakat Inc
- Assets
- $301.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Cambridge, MA
- Founding
- 06/2001
- Data as of
- 12/2022
- EIN
- 04-3493675
Organization Overview
Barakat Inc is located in Cambridge, MA. The organization was established in 2001. According to its NTEE Classification (Q71) the organization is classified as: International Migration & Refugee Issues, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barakat Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Barakat Inc generated $170.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $60.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PRACTICES AND POLICIES OF BASIC EDUCATION TO ADVANCE LITERACY AND INCREASE ACCESS TO SECONDARY EDUCATION, PARTICULARLY FOR GIRLS, IN AFGHANISTAN AND PAKISTAN.
Describe the Organization's Program Activity:
Part 3
EDUCATION ASSISTANCE IN AFGHANISTAN
EDUCATION ASSISTANCE IN AFGHANISTAN
EDUCATION ASSISTANCE IN PAKISTAN.
EDUCATION ASSISTANCE IN PAKISTAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Boatman Member | 1 | $0 | |
Habibullah Karmi Member | 1 | $0 | |
Mohammadullah Ersari Member | 1 | $0 | |
Dr Arti Pandey Director | 4 | $0 | |
Willam Mor Pesident | 1 | $0 | |
Thomas Barfield Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,177 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,202 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,630 |
| Other expenses | $6,100 |
| Total expenses | $60,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $301,710 |
| Other assets | $0 |
| Total assets | $301,710 |
| Total liabilities | $592 |
| Net assets or fund balances | $301,118 |