Barred Business Foundation Co

Organization Overview

Barred Business Foundation Co is located in Ellenwood, GA. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Barred Business Foundation Co employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barred Business Foundation Co 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 12/2023, Barred Business Foundation Co generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 56.3% each year . All expenses for the organization totaled $931.5k during the year ending 12/2023. While expenses have increased by 56.7% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

HELP FORMERLY INCARCERATED PEOPLE WHO ARE DISPROPORTIONATELY AFFECTED BY THE US LEGAL SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUTREACH TO ATLANTA FORMERLY INCARCERATED COMMUNITY, CANVASSING TRAINING, AND VOTER REGISTRATION AND MOBILIZATION. CAMPAIGN TO ADD FORMERLY INCARCERATED PEOPLE TO THE LIST OF LEGALLY PROTECTED CLASSES IN GEORGIA AND THE CREATION OF A PROTECTED CLASS NETWORK WITH GROUPS IN OTHER CITIES THAT ORGANIZE TO PASS ORDINANCES.


BAIL OUT BLACK MOTHERS WITH THE NATIONAL BAILOUT COLLECTIVE AND PROVIDE POST-RELEASE SUPPORT THROUGH OUR RESIDENTIAL GENDER-RESPONSIVE, LGBTQIA+-POSITIVE RE-ENTRY PROGRAM DESIGNED SPECIFICALLY BY AND FOR PREVIOUSLY INCARCERATED BLACK WOMEN.


IN RESPONSE TO THE PRESSING NEEDS OF JUSTICE-IMPACTED INDIVIDUALS, OUR ORGANIZATION ESTABLISHED THE "WE GOT US" FUND TO PROVIDE FINANCIAL SUPPORT AND RESOURCES TO THOSE AFFECTED BY THE JUSTICE SYSTEM. RECOGNIZING THE SIGNIFICANT BARRIERS THESE INDIVIDUALS FACE, SUCH AS DIFFICULTIES IN SECURING EMPLOYMENT AND HOUSING, THIS FUND AIMS TO ALLEVIATE FINANCIAL HARDSHIPS AND SUPPORT SUCCESSFUL REINTEGRATION INTO SOCIETY.


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Board, Officers & Key Employees

Name (title)Compensation
Denise Ruben
CFO
$77,560
Bridgette Simpson
CEO
$60,233
Matthew Green
Secretary
$0
Marcus Wilson
Treasurer
$0
Tiffany Kirk
Director
$0
Dawn Harrington
Director
$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$1,534,256
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,534,256
Total Program Service Revenue$1,350
Investment income $0
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 $1,535,606

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Barred Business Foundation Co
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