Razias Ray Of Hope Foundation
- Assets
- $5.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 13
- Location
- Newton, MA
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-2008030
Organization Overview
Razias Ray Of Hope Foundation is located in Newton, MA. The organization was established in 2009. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 12/2021, Razias Ray Of Hope Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Razias Ray Of Hope Foundation 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, Razias Ray Of Hope Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 24.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT ORGANZIATION COMMITTED TO IMPROVE THE LIVES OF WOMEN AND CHILDREN IN AFGHANISTAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING 100% SUPPORT TO THE ZABULI SCHOOL, RAZIA JAN INSTITUTE AND POST GRADUATE PROGRAMS IN THE AFGHANISTAN VILLAGE, DEH SUBZ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Razia Jan Founder/pres | OfficerTrustee | 40 | $121,769 |
Susan A Davis Chairman | OfficerTrustee | 3 | $0 |
Patricia Quigley Treasurer | OfficerTrustee | 10 | $0 |
Lars Jan Secretary | OfficerTrustee | 1 | $0 |
Beth Murphy Director | Trustee | 1 | $0 |
Wazmah Osman Director | Trustee | 1 | $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 | $1,181,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,181,938 |
| Total Program Service Revenue | $0 |
| Investment income | $105,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $57,281 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,346,620 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,769 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $323,099 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,318 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,454 |
| Fees for services: Other | $250,871 |
| Advertising and promotion | $897 |
| Office expenses | $63,032 |
| Information technology | $12,111 |
| Royalties | $0 |
| Occupancy | $39,283 |
| Travel | $29,874 |
| 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 | $151 |
| Insurance | $4,341 |
| All other expenses | $340 |
| Total functional expenses | $1,638,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $557,367 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $115,500 |
| Accounts receivable, net | $176 |
| 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 | $8,308 |
| Net Land, buildings, and equipment | $1,143 |
| Investments—publicly traded securities | $4,578,835 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,261,329 |
| Accounts payable and accrued expenses | $42,860 |
| 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 | $42,860 |
| Net assets without donor restrictions | $4,928,069 |
| Net assets with donor restrictions | $290,400 |
| 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 | $5,261,329 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Razias Ray Of Hope Foundation has recieved totaling $195,532.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $125,403 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,420 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $10,000 |
Circle Of Sisterhood Foundation Inc Belmont, NC PURPOSE: REMOVE BARRIERS TO EDUCATION FOR GIRLS AND WOMEN. | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,339 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Amistad Academy Inc New Haven, CT | $35,461,697 | $16,961,980 |
Foote School Association Inc New Haven, CT | $45,302,394 | $17,181,198 |
Rumsey Hall School Incorporated Washington Depot, CT | $67,305,104 | $16,603,122 |
Eugenio Maria De Hostos Charter School Rochester, NY | $9,947,408 | $17,341,158 |
Buckley Country Day School Roslyn, NY | $25,298,235 | $15,722,484 |
Dedham Country Day School Dedham, MA | $40,544,639 | $16,952,187 |
Big Apple Institute Inc Brooklyn, NY | $4,985,995 | $17,005,118 |
Shore Country Day School Beverly, MA | $51,799,692 | $17,689,477 |