Barred Business Foundation

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

EIN: 871392944 ✦ Ellenwood, GA ✦ Designated as a 501(c)(3)

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Overview

What is Barred Business Foundation?

Barred Business Foundation is a nonprofit organization situated in Ellenwood, Georgia. Their primary focus is to assist formerly incarcerated individuals, particularly Black women, who are disproportionately impacted by the U.S. legal system. They provide bailout support through collaboration with the National Bailout Collective and offer post-release assistance through a residential re-entry program. This program is designed specifically for previously incarcerated Black women and is gender-responsive, as well as LGBTQIA+ inclusive. The foundation, with a small workforce of three employees, aims to improve the lives of these individuals upon their release, providing them with the necessary resources and support to reintegrate into society.


Official website here: www.barredbusiness.org/

Is Barred Business Foundation legitimate?

Barred Business Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barred Business 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: $75,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,286

For more financial information, click here


Official website here: www.barredbusiness.org/

What is the mission statement of Barred Business Foundation?

The Barred Business Foundation's mission is centered around assisting individuals who have been formerly incarcerated, a group disproportionately impacted by the US legal system. The organization's mission is carried out in two ways: firstly, by bailing out black mothers through collaboration with the National Bailout Collective. Secondly, post-release support is provided through a gender-responsive, LGBTQIA+ inclusive re-entry program, specifically designed for previously incarcerated Black women. This program aims to empower these individuals as they reintegrate into society.


Official website here: www.barredbusiness.org/

Who is the CEO of Barred Business Foundation?

Bridgette Simpson is the Cfo of Barred Business Foundation. The CEO's salary of Barred Business Foundation is $31,500 and their total compensation is $31,500.


Official website here: www.barredbusiness.org/

What is the revenue of Barred Business Foundation?

Barred Business Foundation's revenue in 2022 was $628,930.


Official website here: www.barredbusiness.org/

Who are the executives of Barred Business Foundation and what are their salaries?

The average compensation at Barred Business Foundation during 2022 was $36,776. There are 3 employees and 120 volunteers at Barred Business Foundation.


Here are 9 key members and their salaries (Barred Business Foundation's CEO's salary is $31,500 and their total compensation is $31,500):


Denise Ruben (Cfo)
  • Compensation: $43,541
  • Related: $0
  • Other: $0
Bridgette Simpson (Ceo)
  • Compensation: $31,500
  • Related: $0
  • Other: $0
Matthew Green (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Kirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Steed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Worrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kwame Teague (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.barredbusiness.org/

Where can I find the form 990 for Barred Business Foundation?

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


Official website here: www.barredbusiness.org/

Learn more at the official website: www.barredbusiness.org/

Mission Statement of Barred Business Foundation

Barred Business Foundation, a nonprofit organization, is committed to assisting individuals who have been disproportionately impacted by the United States' legal system, with a particular focus on formerly incarcerated individuals. One of their key initiatives is to provide financial aid through the National Bailout Collective, helping to secure the release of black mothers from detention. Beyond this, Barred Business Foundation offers post-release support through a residential re-entry program that is gender-responsive, LGBTQIA+ inclusive, and specifically designed by and for previously incarcerated Black women. This program aims to provide a safe and supportive environment for these women as they navigate their transition back into society.

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Impact




July, 2024

Barred Business Foundation works to help formerly incarcerated individuals who are disproportionately affected by the US legal system. Their programs specifically focus on supporting previously incarcerated Black women, including bailouts through the National Bailout Collective and post-release support through a residential re-entry program. This organization in Ellenwood, GA, aims to address the challenges faced by this population and provide them with the necessary resources for successful reintegration into society.




This information is meant to be a general summary of Barred Business 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
$628,930 (2022)
Expenses
$379,298 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $628,930

Assets and Liabilities:

  • Total Assets: $605,012
  • Total Liabilities: $355,380
  • Net Assets: $249,632

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Organization Details

Founding Year

2021

Principal Officer

Bridgette Simpson

Main Address

4217 Viewpoint Trail, Ellenwood, GA, 30294

NTEE Category

Code: P50 - Human services

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