Barak Foundation

Nonprofit profile at a glance

EIN
834375747
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Monroe, LA, USA
Phone
3183452511
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$53,587
Expenses
$57,294
Assets
$23,352
Liabilities
$60,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • SHAWN SMITH (PRESIDENT)
  • TYLER ATKINS (VICE PRESIDENT)

People named in this filing

  • MARK ST JOHN (DIRECTOR)
  • SHAWN SMITH (PRESIDENT)
  • TYLER ATKINS (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fraternity with a philantropic mission

What it reported doing in 2024

Raise money for missions

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.9%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 2.57; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 21.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 65% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -12.7% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.