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Barcid Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 432051736 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Barcid Foundation?

The Barcid Foundation, situated in Los Angeles, California, is a nonprofit organization committed to preserving and promoting the culture, traditions, and concerns of contemporary Native Americans. They accomplish this mission through various initiatives, such as hosting multimedia workshops at Reservations and organizing events like the LA Skins Fest. These activities aim to empower Native American youth by providing them with opportunities to work in the film industry, thereby showcasing and safeguarding their language and heritage. The Barcid Foundation employs a team of two individuals, dedicated to their cause.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67% overall score)

The Barcid Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. The organization scores well in certain areas, such as having a fully independent board and a high program expense ratio, which reflects a commitment to effective use of funds for its mission. However, the foundation faces significant challenges, particularly in transparency, as it has not provided essential financial statements or posted its tax form on its website.

The foundation's lack of critical policies—such as a conflict of interest policy, whistleblower policy, and document retention policy—highlights areas where improved governance could enhance accountability. Additionally, the absence of a publicly listed website on its tax form may hinder potential donors and stakeholders from accessing vital information about the organization. While the foundation demonstrates strong financial health with a 0.00% liabilities to assets ratio, addressing these governance gaps is crucial for building trust and credibility.

Overall, while the Barcid Foundation shows promise through its financial management and dedicated board, it must prioritize transparency and establish key policies to improve its operational integrity. Enhancing these aspects could lead to a stronger rating and greater public confidence in its mission and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Barcid Foundation legitimate?

Barcid Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barcid Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Barcid Foundation?

The Barcid Foundation's mission is centered around promoting an understanding of the culture, traditions, and contemporary issues faced by Native Americans. To achieve this, the foundation engages in various endeavors, including the LA Skins Fest and multimedia workshops. Their primary goal is to utilize media as a tool for cultural, educational, technological, and economic development. In particular, the foundation conducts youth multimedia workshops at reservations to encourage Native American youth to pursue careers in the film industry and preserve their tribe's language and culture.

Who is the CEO of Barcid Foundation?

Ian Skorodin is the Trustee of Barcid Foundation.

What is the revenue of Barcid Foundation?

Barcid Foundation's revenue in 2022 was $967,757.

Who are the executives of Barcid Foundation and what are their salaries?

The average compensation at Barcid Foundation during 2022 was $50,000. There are 2 employees at Barcid Foundation.


Here are 5 key members and their salaries:


Nathan Skorodin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Skorodin (President)
  • Compensation: $50,000
  • Related: $0
  • Other: $10,875
Patricia Gomes (Tresurer)
  • Compensation: $50,000
  • Related: $0
  • Other: $10,874
Keith Cameron (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Barcid Foundation?

Barcid Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Barcid Foundation

The Barcid Foundation is committed to promoting an appreciation for the culture, traditions, and contemporary issues faced by Native American communities. This nonprofit organization achieves this goal by overseeing various Native American initiatives, such as the LA Skins Fest and multimedia workshops. The Barcid Foundation utilizes media as a powerful tool for fostering cultural, educational, technological, and economic development among Native American communities.

In particular, the Barcid Foundation conducts youth multimedia workshops at reservations, empowering Native American youth to enter the film industry and showcase their tribe's language and culture through their work. By providing these opportunities, the foundation aims to bridge the gap between Native American communities and mainstream society, while also promoting the preservation and celebration of Native American heritage. The Barcid Foundation serves as a vital advocate for Native American representation and understanding within contemporary society.

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Impact




July, 2024

Barcid Foundation's impact can be seen in its efforts to empower Native American youth through multimedia workshops focused on film industry skills. By providing these opportunities, the Foundation enables young individuals to promote their tribe's language and culture through media, contributing to the preservation and celebration of Native American heritage. Additionally, the Foundation's support of initiatives like the LA Skins Fest underscores its commitment to using media as a tool for cultural, educational, and economic development within Native American communities. Through these endeavors, Barcid Foundation plays a pivotal role in fostering understanding and awareness of contemporary Native American issues and traditions.




This information is meant to be a general summary of Barcid Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$967,757 (2022)
Expenses
$663,756 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,048
  • Gross Receipts: $994,550

Assets and Liabilities:

  • Total Assets: $2,695,107
  • Total Liabilities: $0
  • Net Assets: $2,695,107

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Organization Details

Founding Year

2004

Principal Officer

Ian Skorodin

Main Address

2811 SCOTT PLACE, LOS ANGELES, CA, 90026

NTEE Category

Code: A80 - Arts

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