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Barrett Foundation

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

EIN: 850336208 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Barrett Foundation?

The Barrett Foundation, situated in Albuquerque, New Mexico, is a dedicated nonprofit organization that aims to combat homelessness for women and children. Established in 1995, it operates Barrett House, a shelter that offers sanctuary and essential services to approximately 35 individuals every night. The foundation provides nutritious meals, shelter, and case management to its residents, assisting them in securing long-term, stable housing. Through collaborations with partner agencies, residents have access to career counseling, medical and dental benefits, after-school tutoring, health and wellness activities, and various life skills development opportunities. The Barrett Foundation's mission is clear: to eradicate homelessness for women and children by offering shelter, housing, and supportive services.


Official website here: www.barrettfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Barrett Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. With a high score in areas such as independent board membership and financial oversight, the organization demonstrates a commitment to transparency and responsible management of its resources. The program expense ratio also reflects a strong focus on its mission, with 78.08% of expenditures directed towards program services.

User reviews from Great Nonprofits highlight positive experiences with the foundation, particularly its support for homeless women and children in Albuquerque. One reviewer shared a heartfelt plea for assistance while emphasizing the urgency of her situation, indicating the critical need for the services the Barrett Foundation provides. Another volunteer praised the foundation's thrift store, the Barrett House Attic, as a fun and impactful way to contribute to the organization's mission while offering quality items for purchase.

While the ratings and reviews are largely positive, some limitations can be noted, particularly concerning the financial health of the organization, as indicated by its liabilities to assets ratio. This aspect may warrant further attention to ensure long-term sustainability and the ability to meet community needs effectively. Overall, the Barrett Foundation is seen as a valuable resource for those seeking support in Albuquerque, with a dedicated board and engaged community volunteers.


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

Is Barrett Foundation legitimate?

Barrett Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barrett 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: $151,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $881,083

For more financial information, click here


Official website here: www.barrettfoundation.org

What is the mission statement of Barrett Foundation?

The Barrett Foundation's mission is centered around ending homelessness for women and children. They achieve this by offering shelter, housing, and supportive services. Their primary facility, Barrett House, has been providing nightly shelter for around 35 women and children, offering three meals a day every day of the year. Beyond food and shelter, residents receive one-on-one case management to help secure long-term stable housing. The foundation collaborates with various partner agencies, providing additional resources such as career counseling, medical and dental benefits, after-school tutoring for children, and various opportunities that enhance life skills.


Official website here: www.barrettfoundation.org

Who is the CEO of Barrett Foundation?

Dana Bell is the Vice President of Barrett Foundation.


Official website here: www.barrettfoundation.org

What is the revenue of Barrett Foundation?

Barrett Foundation's revenue in 2022 was $2,028,637.


Official website here: www.barrettfoundation.org

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

The average compensation at Barrett Foundation during 2022 was $27,164. There are 38 employees and 275 volunteers at Barrett Foundation.


Here are 11 key members and their salaries:


Heather Hoffman (Executive Dir.)
  • Compensation: $95,176
  • Related: $0
  • Other: $0
Kimberly Romero (Cfo)
  • Compensation: $45,037
  • Related: $0
  • Other: $0
Cletus Stoflet (Cfo)
  • Compensation: $16,178
  • Related: $0
  • Other: $0
Jessica Locker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maya Elrick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Bell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Peck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olin Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Ellington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alma Rosa Delgado (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.barrettfoundation.org

Where can I find the form 990 for Barrett Foundation?

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


Official website here: www.barrettfoundation.org

Learn more at the official website: www.barrettfoundation.org

Mission Statement of Barrett Foundation

The Barrett Foundation, a dedicated nonprofit organization, aims to eradicate homelessness among women and children. To accomplish this mission, the foundation provides essential shelter, housing, and supportive services. By opening Barrett House in Albuquerque, New Mexico, in 1995, it began offering shelter to an average of 35 women and children each night. The foundation ensures that these individuals receive more than just food and shelter, as they also benefit from one-on-one case management to help secure long-term, stable housing.

Collaborating with partner agencies, the Barrett Foundation expands its services to offer career counseling, medical and dental benefits, and after-school tutoring for children. Residents can also engage in various activities that develop life skills, such as health and wellness workshops, cooking lessons, and gardening classes. This holistic approach to addressing homelessness, which goes beyond mere food and shelter, enables the Barrett Foundation to empower women and children and help them build a more stable future.

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Impact




July, 2024

Barrett Foundation's impact is significant in the fight to end homelessness for women and children. Through the Barrett House shelter in Albuquerque, NM, the organization provides a safe haven for an average of 35 women and children every night, offering three meals a day, 365 days a year. In addition to essential services like food and shelter, residents receive personalized case management to help them secure long-term stable housing. Collaborating with partner agencies, Barrett Foundation also offers access to various resources such as career counseling, medical and dental benefits, afterschool tutoring, health and wellness activities, cooking and gardening lessons, and other life skills opportunities. Through its holistic approach, Barrett Foundation is making a lasting impact in addressing the root causes of homelessness and empowering women and children to rebuild their lives.




This information is meant to be a general summary of Barrett 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
$2,028,637 (2022)
Expenses
$2,581,673 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,328
  • Program Service Revenue: $231,548
  • Gross Receipts: $2,028,637

Assets and Liabilities:

  • Total Assets: $5,451,355
  • Total Liabilities: $3,417,145
  • Net Assets: $2,034,210

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME AND CHARGE

Revenue

$19,707

PROGRAM SERVICE CONTRACTS

Revenue

$211,841

Organization Details

Founding Year

1984

Principal Officer

Dana Bell

Main Address

10300 CONSTITUTION AVE NE, ALBUQUERQUE, NM, 87112

NTEE Category

Code: L41Z - Housing

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