Brac Usa Inc
- Assets
- $24.8m
- Revenue
- $17.5m
- Investments
- $0.0
- Employees
- 39
- Location
- New York, NY
- Founding
- 06/2007
- Data as of
- 09/2019
- EIN
- 20-8456741
Brac Usa Inc Overview
Brac Usa Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2019, Brac USA Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2019, Brac USA Inc generated $17.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $14.9m during the year ending 09/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING: TO SUPPORT BRAC'S NEW AND ONGOING INITIATIVES, BRAC USA AWARDS GRANTS TO BRAC PROGRAMS WITH THE FUNDS IT RAISES FROM EXTERNAL DONORS. GRANT AWARDS SUPPORT A STRATEGIC AGENDA BASED ON PRIORITIES AGREED UPON BY BRAC AND BRAC USA. THE GRANTS MADE FACILITATE FLEXIBILITY, INNOVATION, AND LEARNING, WITH THE GOAL OF CREATING OPPORTUNITIES FOR PEOPLE LIVING IN POVERTY. BRAC USA DOES NOT ACCEPT UNSOLICITED PROPOSALS FROM ORGANIZATIONS THAT ARE NOT PART OF BRAC OR BRAC INTERNATIONAL.
STRATEGIC PROGRAM SERVICES: BRAC USA SUPPORTS BRAC'S EFFORTS TO INNOVATE, PILOT, GROW, AND SCALE HEALTH, EDUCATION, YOUTH EMPOWERMENT, AGRICULTURE, LIVELIHOOD DEVELOPMENT, MICROFINANCE AND OTHER PROGRAMS. THIS INCLUDES ENABLING ACCESS TO CAPITAL AND OTHER RESOURCES, PROVIDING TECHNICAL ASSISTANCE AND PROGRAM DESIGN SUPPORT, SETTING UP INTERNAL SYSTEMS AND PROCESSES FOR SUCCESSFUL IMPLEMENTATION AND MONITORING, AND COMMUNICATING OUTCOMES WITH DONORS AND OTHER STAKEHOLDERS. BRAC USA ALSO PROVIDES ADVISORY SERVICES TO SUPPORT GOVERNMENTS, NON-PROFITS, AND OTHER ENTITIES IN IMPLEMENTING BRAC'S SIGNATURE ULTRA-POOR GRADUATION APPROACH WORLDWIDE.
COMMUNICATIONS & OUTREACH: BRAC USA STRIVES TO INCREASE AWARENESS ABOUT BRAC'S PROGRAMS AND ACTIVITIES IN THE UNITED STATES, CANADA, AND GLOBALLY. WE HELP TO EDUCATE THE PUBLIC ABOUT CHALLENGES FACING PEOPLE IN POVERTY WORLDWIDE AND EFFECTIVE SOLUTIONS TO SUPPORT THEM. THROUGH EVENTS, CONFERENCES, MEDIA PLACEMENTS, AWARD NOMINATIONS, SPEAKING ENGAGEMENTS, AND PARTNERSHIP DEVELOPMENT, WE WORK TO RAISE BRAC'S PROFILE AS AN INNOVATOR IN COST-EFFECTIVE, EVIDENCE-BASED DEVELOPMENT SOLUTIONS.
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Brac Usa Inc Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donella Rapier President & CEO | OfficerTrustee | 40 | $298,750 |
Sharad Aggarwal Vice President | Officer | 40 | $150,781 |
Lindsay Coates Managing Director | Officer | 40 | $143,280 |
Scott Macmillan Senior Advisor | 40 | $103,591 | |
Lincoln C Chen Board Chairperson | OfficerTrustee | 2 | $0 |
James Carlson Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,764,823 |
| Investment income | $140,872 |
| 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 | $17,465,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,867,484 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $794,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,015,699 |
| Pension plan accruals and contributions | $70,409 |
| Other employee benefits | $217,254 |
| Payroll taxes | $204,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,027 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,320,318 |
| Advertising and promotion | $23,943 |
| Office expenses | $42,135 |
| Information technology | $48,953 |
| Royalties | $0 |
| Occupancy | $343,422 |
| Travel | $489,637 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,181 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,545 |
| Insurance | $15,725 |
| All other expenses | $0 |
| Total functional expenses | $14,882,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,558,511 |
| Savings and temporary cash investments | $18,207,735 |
| Pledges and grants receivable | $4,377,712 |
| Accounts receivable, net | $412,098 |
| 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 | $82,590 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,141 |
| Total assets | $24,820,556 |
| Accounts payable and accrued expenses | $1,218,219 |
| Grants payable | $10,522,624 |
| Deferred revenue | $55,037 |
| 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 | $1,973,829 |
| Total liabilities | $13,769,709 |
| Net assets without donor restrictions | $9,365,074 |
| Net assets with donor restrictions | $1,685,773 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $11,050,847 |
Brac Usa Inc Grants Awarded
Over the last fiscal year, Brac Usa Inc has awarded $154,125 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Berkeley, CA PURPOSE: RESEARCH | $90,000 |
Maplewood, NJ PURPOSE: RESEARCH | $64,125 |
Brac Usa Inc Grants Recieved
Over the last fiscal year, we have identified 6 grants that Brac Usa Inc has recieved totaling $261,063.
| Awarding Organization | Amount |
|---|---|
Center For Disaster Philanthropy Inc Washington, DC PURPOSE: TO SUPPORT THE GOVERNMENTS OF LIBERIA, SIERRA LEONE, TANZANIA AND UGANDA IN THE PREVENTION, PROMPT DETECTION AND EFFECTIVE RESPONSE TO THE COVID-19 OUTBREAK. | $250,000 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $9,063 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $800 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $800 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $200 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $200 |
Brac Usa Inc Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Concern Worldwide U S Inc New York, NY | $22,293,258 | $49,880,250 |
Citihope International Inc Margaretsville, NY | $32,382,982 | $34,516,125 |
Pro Mujer Inc Manhasset, NY | $221,412,399 | $46,513,948 |
American Jewish World Service Inc New York, NY | $54,416,985 | $44,452,378 |
World Education Inc Boston, MA | $9,953,064 | $42,331,318 |
International Planned Parenthood Federation New York, NY | $101,490,785 | $38,169,773 |
End Fund Inc New York, NY | $39,399,933 | $22,787,083 |
Childrens Health Alliance For Israel Inc New York, NY | $26,512,579 | $27,676,253 |
Trustees Of Robert College Of Istanbul New York, NY | $10,858,169 | $23,748,098 |
Mass Design Group Boston, MA | $7,897,069 | $26,130,378 |
King Baudouin Foundation United States Inc New York, NY | $35,517,674 | $27,443,189 |
American Community School At Beirut -Lebanon New York, NY | $38,042,506 | $25,297,938 |
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