Brac USA

Legal name: Brac USA Inc

Overview

Mission

BRAC is a global leader in pioneering and scaling proven poverty solutions. Founded in 1972 in post-war Bangladesh as a small relief effort, we are now the world's largest Global South-led development organization. We equip vulnerable people with the tools, opportunities, and skills to lift themselves out of poverty and reach their potential.

What it reported doing in 2024

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 goals of scaling proven interventions and creating opportunities for people living in poverty. Brac USA does not accept unsolicited proposals from organizations that are not affiliated with brac, brac university, or brac international.

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
208456741
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Headquarters
New York, NY, USA
Phone
9175253704
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 77
  • Accountability: 91
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.7%; rating input score 91
  • Program expense ratio: 85.5%; rating input score 85
  • Fundraising efficiency: $14.95 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 24th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.1%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 2.12; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.75; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 58th percentile among comparable filings

Details

  • What they do: 7 programs and campaigns described on the official site · 12 operating locations identified
  • Where the money goes: 90.7% of revenue deployed · 85.5% of spending went to programs
  • Governance: 11 of 12 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $20M in reported program spending
  • Leadership: top reported pay $290K · 22 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $285K reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 14 annual filings from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

22 people listed

Highest reported compensation

  • DANIEL STONER (COO): $290,118 total reported compensation
  • JULIA ROBERTS (PRESIDENT & CEO): $243,793 total reported compensation
  • DEVON MCLORG (DIRECTOR OF PARTNERSHIPS): $175,816 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.