Razias Ray Of Hope Foundation is located in Dedham, 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 12/2022, Razias Ray Of Hope Foundation employed 7 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 12/2022, Razias Ray Of Hope Foundation generated $973.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 16.2% per year over the past 8 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
2022
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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Razia Jan Founder/pres | OfficerTrustee | 40 | $125,238 |
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 |
Cynthia Sweeney Director | Trustee | 1 | $0 |
| 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 | $849,155 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $849,155 |
| Total Program Service Revenue | $0 |
| Investment income | $104,813 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,109 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $973,077 |
| 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. | $125,238 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $235,543 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,849 |
| Payroll taxes | $30,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,254 |
| Fees for services: Other | $283,388 |
| Advertising and promotion | $105 |
| Office expenses | $89,471 |
| Information technology | $7,959 |
| Royalties | $0 |
| Occupancy | $45,745 |
| Travel | $67,072 |
| 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 | $259 |
| Insurance | $6,459 |
| All other expenses | $0 |
| Total functional expenses | $1,159,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,814 |
| Savings and temporary cash investments | $0 |
| 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 | $13,214 |
| Net Land, buildings, and equipment | $884 |
| Investments—publicly traded securities | $3,635,390 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,196 |
| Total assets | $4,220,498 |
| Accounts payable and accrued expenses | $39,282 |
| 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 | $36,624 |
| Total liabilities | $75,906 |
| Net assets without donor restrictions | $3,929,050 |
| Net assets with donor restrictions | $215,542 |
| 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 | $4,220,498 |