The Free Iraq Foundation
- Assets
- $161.7k
- Revenue
- $235.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Washington, DC
- Founding
- 05/1993
- Data as of
- 09/2023
- EIN
- 52-1750875
Organization Overview
The Free Iraq Foundation is located in Washington, DC. The organization was established in 1993. 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 09/2023, Free Iraq Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Iraq 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 09/2023, Free Iraq Foundation generated $235.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $341.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE IRAQ FOUNDATION WORKS FOR DEMOCRACY AND HUMAN RIGHTS IN IRAQ AND FOR IMPROVING THE LIVES OF IRAQIS. THE FOUNDATION WORKS LARGELY WITH IRAQI NGO'S AND COOPERATE WITH RELEVANT GOVERNMENT INSTITUTIONS. TO ACHIVE OUR GOALS WE UTILIZE A VARIETY OF TOOLS SUCH AS TRAINING WORKSHOPS, CONFERENCES, PUBLICATION AND RADIO AND TV PROGRAMS. WE AIM TO BE INCLUSIVE IN ALL REGIONS OF IRAQ.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING RESILIENCE OF YOUTH AND COMMUNITIES: THIS IS A TWO-YEAR PROJECT FUNDED BY THE NETHERLANDS MINISTRY OF FOREIGN AFFAIRS. THE GOAL OF THE PROJECT IS TO BUILD CAPACITY IN IRAQ TO WORK TO PREVENT VIOLENT EXTREMISM AND RADICALIZATION OF YOUTH AND DISADVANTAGED INDIVIDUALS AND INSTEAD, PROVIDE THESE GROUPS WITH OPPORTUNITIES TO MAKE A DIFFERENCE IN THEIR COMMUNITIES.
STRENGTHEN WOMEN'S POLITICAL PARTICIPATION: THIS IS AN EIGHTEEN-MONTH PROJECT FUNDED BY THE UNITED NATIONS ASSISTANCE MISSION (UNAMI). THE GOAL OF THE PROJECT IS TO CARRY OUT A TWO-PHASE PROJECT AIMING TO STRENGTHEN WOMEN'S PARTICIPATION IN POLITICAL LIFE AT THE NATIONAL AND SUB-NATIONAL LEVELS, AND ENHANCE THE CAPABILITIES OF WOMEN IN SEEKING PUBLIC OFFICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Dakak Chairperson | OfficerTrustee | 1 | $0 |
Rend Al'rahim-Francke President | OfficerTrustee | 5 | $3,820 |
Raya Barazanji Board Member | Trustee | 1 | $0 |
Samir Shakir Mahmood Sumaida'ie Board Member | Trustee | 1 | $0 |
Dr Azzam Alwash Board Member | Trustee | 1 | $0 |
Basma Fakri Executive Director | Officer | 20 | $59,508 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,113 |
| Total Program Service Revenue | $0 |
| 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 | $235,142 |
| 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. | $42,763 |
| Compensation of current officers, directors, key employees. | $23,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,608 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,135 |
| Payroll taxes | $9,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,318 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,466 |
| Advertising and promotion | $0 |
| Office expenses | $21,467 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,251 |
| Travel | $5,760 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,645 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,943 |
| All other expenses | $0 |
| Total functional expenses | $341,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,812 |
| 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 | $1,843 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $161,655 |
| Accounts payable and accrued expenses | $36,599 |
| 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 | $36,599 |
| Net assets without donor restrictions | $125,056 |
| 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 | $161,655 |