Barakat Inc
- Assets
- $194.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Cambridge, MA
- Founding
- 06/2001
- Data as of
- 12/2021
- 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 12/2021, Barakat Inc generated $141.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $62.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 7 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
2021
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 PAKISTAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Boatman Member | 1 | $0 | |
Habibullah Karimi Member | 1 | $0 | |
Mohammadullah Ersari Member | 1 | $0 | |
William Mor President | 1 | $0 | |
Julie Arcari Cook Treasurer | 1 | $0 | |
Christopher Walter Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,807 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,815 |
| 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 | $7,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $46 |
| Other expenses | $3,118 |
| Total expenses | $62,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,651 |
| Other assets | $0 |
| Total assets | $193,970 |
| Total liabilities | $2,371 |
| Net assets or fund balances | $191,599 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Barakat Inc has recieved totaling $15,863.
| Awarding Organization | Amount |
|---|---|
Ploughshares Foundation Chicago, IL PURPOSE: EDUCATIONAL PROGRAMS FOR WOMEN AND GIRLS | $8,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,853 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Friends Of Libi Inc Brookline, MA | $727,752 | $4,468,964 |
Refugee & Immigrant Self-Empowerment Inc Syracuse, NY | $2,360,183 | $1,898,946 |
Emergency Usa-Life Support For Civilian Victims Of War And Povert New York, NY | $1,409,511 | $1,616,547 |
Scalabrini International Migration Network New York, NY | $828,232 | $761,966 |
Kashmiri Overseas Association Inc New York, NY | $986,285 | $960,703 |
Humanity Rises Inc Boston, MA | $756,506 | $791,953 |
Kulanu Inc New York, NY | $355,115 | $354,506 |
Ansaar Of Worcester Inc West Boylston, MA | $243,120 | $346,098 |
Keeping Our Promise Inc Rochester, NY | $867,317 | $1,096,266 |
Burma Border Projects Inc Worcester, MA | $5,104 | $252,541 |
Action For Post-Soviet Jewry Inc Waltham, MA | $199,453 | $198,804 |
Educational Center For New Americans Inc Rego Park, NY | $1,459,973 | $191,214 |