Volunteers Association For Bangladesh
- Assets
- $479.8k
- Revenue
- $251.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Irvington, NY
- Founding
- 02/1999
- Data as of
- 12/2020
- EIN
- 13-4034550
Organization Overview
Volunteers Association For Bangladesh is located in Irvington, NY. The organization was established in 1999. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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. Volunteers Association For Bangladesh 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 12/2020, Volunteers Association For Bangladesh generated $251.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $175.3k during the year ending 12/2020. While expenses have increased by 14.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SPREAD SECULAR SECONDARY EDUCATION AMONG POOR CHILDREN IN RURAL BANGLADESH, REDUCING DROPOUTS, IMPROVING QUALITY OF THEIR EDUCATION AND STRENGTHENING THEIR ACADEMIC AND EXTRA-ACADEMIC CAPABILITIES AND PERFORMANCES AS WELL AS THEIR COMPETENCES, AND IMPROVE RURAL SCHOOLS TO TRANSFORM THEM INTO QUALITY INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR TEACHER EMPOWERMENT, VAB PROVIDED HONORARIUM TO 40 TEACHERS IN 20 SCHOOLS, TRANINING IN ENGLISH, MATH AND SCIENCE TO 100 TEACHERS IN 25 SCHOOLS, TRANINING IN COMPUTERS TO 75 TEACHERS IN 25 SCHOOLS SO THEY CAN BECOME TRAINERS OF STUDENTS, AND TRAINING IN ENGLISH LANGUAGE SKILLS TO 30 TEACHERS IN 20 SCHOOLS SO THEY CAN TRAIN STUDENTS IN TURN. TAB ALSO ORGANIZED HEADMASTER'S SEMINARS FOR 25 PARTICIPANTS.FOR SCHOOL EMPOWERMENT, VAB GAVE 30 COMPUTERS TO 20 SCHOOLS AND FURNITURE TO 10 SCHOOLS. VAB ORGANIZED SCHOOL IMPROVEMENT WORKSHOPS IN 35 SCHOOLS.FOR COMMUNITY EMPOWERMENT, VAB ORGRANIZED 40 PARENT-TEACHER MEETINGS IN 40 SCHOOLS.
VAB HAS A PACKAGE OF HIGH SCHOOL PROGRAMS (SECONDARY LEVEL EDUCATION IN BANGLADESH). THESE PROGRAMS ARE AIMED AT EMPOWERMENT OF FOUR MAJOR GROUPS OF STAKEHOLDERS IN RURAL EDUCATION - STUDENTS, TEACHERS, SCHOOLS, AND COMMUNITIES.FOR STUDENT EMPOWERMENT, VAB PROVIDES SCHOLARSHIPS TO 1,250 GIRLS AND BOYS, TUTORING TO 850 GRADE VI STUDENTS, AND ASSISTANCE FOR PARTICIPATION IN SCIENCE OLYMPIAD AND MATH OLYMPIAD TO 350 STUDENTS IN 40 SCHOOLS. VAB ALSO MENTORED MEMBERS OF STUDENT'S CLUB IN DEBATING, SPORTS, AND VOLUNTEERISM.STUDENT EMPOWERMENT IS ALSO FOSTERED THROUGH COMPETENCE ENHANCEMENT. VAB PROVIDED TRANINIG IN COMPUTERS TO 1,600 STUDENTS IN 20 SCHOOLS, TRAINING IN ENGLISH LANGUAGE SKILLS TO 200 STUDENTS IN 20 SCHOOLS, AND MENTORING IN CITIZENSHIP QUALITY DEVELOPMENT TO 400 STUDENTS IN 20 SCHOOLS.
COVID ASSISTANCE PROGRAM [PLEASE SEE SCHEDULE O]
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr A T Raifqur Rahman President & CEO | OfficerTrustee | 25 | $0 |
Mr M Nurul Alam Vice President | OfficerTrustee | 6 | $0 |
Mr Mizanur M Rahman Chairman | OfficerTrustee | 4 | $0 |
Mr S Zaki Hossain Chairman | Trustee | 6 | $0 |
Dr F R Chowdhury Vice Chair | Trustee | 2 | $0 |
Mr Khurshid Anwar Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,616 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,616 |
| Total Program Service Revenue | $0 |
| Investment income | $18,917 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $251,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $172,729 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,988 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $175,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $161,324 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $318,522 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $479,846 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $479,846 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $479,846 |