Barrett Foundation Inc

Organization Overview

Barrett Foundation Inc is located in Albuquerque, NM. The organization was established in 1986. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Barrett Foundation Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barrett Foundation Inc 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 06/2021, Barrett Foundation Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 8.0% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO END HOMELESSNESS FOR WOMEN AND CHILDREN BY PROVIDING SHELTER, HOUSING AND SUPPORTIVE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BARRETT HOUSE SHELTER FOR WOMEN AND CHILDREN: IN MAY 1985, BARRETT FOUNDATION OPENED BARRETT HOUSE, A SHELTER FOR HOMELESS WOMEN AND CHILDREN IN ALBUQUERQUE, NM. BARRETT HOUSE SERVICES AN AVERAGE OF 35 WOMEN AND CHILDREN EVERY NIGHT, PROVIDING THREE MEALS A DAY, 365 DAYS A YEAR. IN ADDITION TO PROVIDING FOOD AND SHELTER, ALL RESIDENTS RECEIVE ONE-ON-ONE CASE MANAGEMENT TO HELP SECURE LONG-TERM STABLE HOUSING. THROUGH COLLABORATION WITH PARTNER AGENCIES, RESIDENTS ALSO HAVE ACCESS TO CAREER COUNSELING, MEDICAL AND DENTAL BENEFITS, AFTER SCHOOL TUTORING FOR CHILDREN, HEALTH/WELLNESS ACTIVITIES, COOKING AND GARDENING LESSONS, AND A VARIETY OF OTHER OPPORTUNITIES THAT PROMOTE LIFE SKILLS. WITHIN BARRETT HOUSE, SEVERAL BEDS ARE DEDICATED TO A RESPITE PROGRAM, SERVING WOMEN WHO NEED ADDITIONAL RECUPERATIVE TIME AFTER BEING DISCHARGED FROM A HOSPITAL STAY. THE PROGRAM IS MADE POSSIBLE THROUGH CONTRACTS WITH THREE LOCAL HOSPITALS. ALL RESPITE RESIDENTS RECEIVE ACCESS TO THE SAME SERVICES AS OTHER BARRETT HOUSE RESIDENTS.


BRIDGES RAPID REHOUSING PROGRAM HELPS INDIVIDUALS AND FAMILIES SECURE STABLE HOUSING AND PROVIDE RENTAL ASSISTANCE FOR UP TO 24 MONTHS BASED ON NEED. PROGRAM PARTICIPANTS RECEIVE INDIVIDUALIZED CASE MANAGEMENT TO ASSIST WITH OVERCOMING BARRIERS, STRENGTHENING LIFE SKILLS, INCREASING INCOME, APPLYING FOR ENTITLEMENTS, CONNECTING TO ADDITIONAL RESOURCES AND SERVICES, AND BUILDING PARTICIPANTS' CAPACITY TO MAINTAIN HOUSING AT PROGRAM EXIT.


MILAGRO PERMANENT SUPPORTIVE HOUSING PROGRAM PROVIDES LEASING ASSISTANCE FOR INDIVIDUALS AND FAMILIES WHO ARE CHRONICALLY HOMELESS AND HAVE A DOCUMENTED DISABILITY. IN ADDITION TO LEASING ASSISTANCE, PROGRAM PARTICIPANTS RECEIVE INDIVIDUALIZED CASE MANAGEMENT TO ASSIST WITH OVERCOMING BARRIERS, STRENGTHENING LIFE SKILLS, ACCESSING SERVICES, AND CONNECTING TO RESOURCES.


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Board, Officers & Key Employees

Name (title)Compensation
Heather Hoffman
Executive Director
$93,000
Maya Elrick
Chair
$0
Dana Bell
Vice Chair
$0
Jessica Locker
Treasurer
$0
Chris Peck
Secretary
$0
Hope Eckert
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,117,041
All other contributions, gifts, grants, and similar amounts not included above$648,705
Noncash contributions included in lines 1a–1f $63,535
Total Revenue from Contributions, Gifts, Grants & Similar$1,765,746
Total Program Service Revenue$272,771
Investment income $17
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $83,868
Net Gain/Loss on Asset Sales $44,250
Net Income from Fundraising Events -$1,632
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,165,020

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Barrett Foundation Inc has recieved totaling $19,500.

Awarding OrganizationAmount
Akerson Family Foundation

Huntington Beach, CA

PURPOSE: SUPPORT

$17,000
Larry And Anna B Harris Foundation

Albuquerque, NM

PURPOSE: ASSIST WOMEN WHO ARE VICTIMS OF DOMESTIC VIOLENCE

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$36,563
Ending Balance$36,563

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