2025-04-24T14:25:48-05:00 2024-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-10-01 208456741 BRAC USA INC BRAC 2128085615 26 BROADWAY 3RD FL NEW YORK NY 10004 JULIA ROBERTS PRESIDENT & CEO 2128085615 2025-04-24 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2025-03-06 01:10:19Z X JULIA ROBERTS 26 BROADWAY 3RD FL NEW YORK NY 10004 35222448 0 X WWW.BRACUSA.ORG X 2006 NY SEE PART III, LINE 1. 14 14 36 13 0 0 13613438 13455228 873575 370312 623693 876032 291913 211639 15402619 14913211 10549355 12305143 0 0 3751231 2687474 0 0 1108061 3200384 1762617 17500970 16755234 -2098351 -1842023 51390411 52690790 36569066 38972027 14821345 13718763 X BRAC USA SHARES THE SAME MISSION AS BRAC: OUR MISSION IS TO EMPOWER PEOPLE AND COMMUNITIES IN SITUATIONS OF POVERTY, ILLITERACY, DISEASES. (SEE SCHEDULE O FOR CONTINUATION)OUR INTERVENTIONS AIM TO ACHIEVE LARGE SCALE POSITIVE CHANGES THROUGH ECONOMIC AND SOCIAL PROGRAMS THAT ENABLE WOMEN AND MEN TO REALIZE THEIR POTENTIAL.OUR VISION OF SUCCESS IS TO FOSTER A BETTER WORLD BY INCREASING BRAC'S VISIBILITY AS A DEVELOPMENT SUCCESS STORY, HARNESSING THE POWER OF ITS FRIENDS AND ENSURING SUPPORT FOR A GROWING NUMBER OF BRAC ORGANIZATIONS AROUND THE WORLD TO UNLEASH THE POTENTIAL OF MILLIONS OF POOR HOUSEHOLDS TO CREATE BETTER FUTURES FOR THEMSELVES AND THEIR COMMUNITIES. WE DO THIS THROUGH THREE MAIN PROGRAM AREAS: GRANTMAKING, STRATEGIC PROGRAM SERVICES, AND COMMUNICATIONS AND OUTREACH. 0 0 12305142 12305142 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. 1469809 370312 STRATEGIC PROGRAM SERVICES: BRAC USA SUPPORTS BRAC'S EFFORTS TO INNOVATE, PILOT, GROW, AND SCALE HEALTH, EDUCATION, YOUTH EMPOWERMENT, AGRICULTURE, LIVELIHOOD DEVELOPMENT, MICROFINANCE AND OTHER PROGRAMS. THIS INCLUDES ENABLING ACCESS TO CAPITAL AND OTHER RESOURCES, PROVIDING TECHNICAL ASSISTANCE AND PROGRAM SUPPORT, SETTING UP INTERNAL SYSTEMS AND PROCESSES FOR SUCCESSFUL IMPLEMENTATION AND MONITORING, AND COMMUNICATING OUTCOMES WITH DONORS AND OTHER STAKEHOLDERS. 351133 COMMUNICATIONS & OUTREACH: BRAC USA STRIVES TO INCREASE AWARENESS ABOUT BRAC'S PROGRAMS AND ACTIVITIES IN THE UNITED STATES, CANADA, AND GLOBALLY. WE HELP TO EDUCATE THE PUBLIC ABOUT CHALLENGES FACING PEOPLE IN POVERTY WORLDWIDE AND EFFECTIVE SOLUTIONS TO SUPPORT THEM. THROUGH EVENTS, CONFERENCES, MEDIA PLACEMENTS, AWARD NOMINATIONS, SPEAKING ENGAGEMENTS, AND PARTNERSHIP DEVELOPMENT, WE WORK TO RAISE BRAC'S PROFILE AS AN INNOVATOR IN COST-EFFECTIVE, EVIDENCE-BASED DEVELOPMENT SOLUTIONS. 14126084 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X KRISTIN SPIAK 2128085615 26 BROADWAY 3RD FL NEW YORK NY 10004 JULIA ROBERTS PRESIDENT & CEO- START 04/24 40.00 X X 0 0 0 DONELLA RAPIER PRESIDENT & CEO-UNTIL 04/24 40.00 X X 314354 0 28504 RAY OFFENHEISER BOARD CHAIRPERSON 5.00 X X 0 0 0 RONALD GRZYWINSKI VICE CHAIRPERSON 2.00 X X 0 0 0 ANN MILES TREASURER 2.00 X X 0 0 0 JAMES CARLSON SECRETARY 2.00 X X 0 0 0 DIRK BOOY DIRECTOR 2.00 X 0 0 0 RICHARD CASH DIRECTOR 2.00 X 0 0 0 SARAH CLIFFE DIRECTOR 2.00 X 0 0 0 BRIGIT HELMS DIRECTOR 2.00 X 0 0 0 VEENA JAYADEVA DIRECTOR 2.00 X 0 0 0 JOEL LAMSTEIN DIRECTOR 2.00 X 0 0 0 MICHAEL LOUIS DIRECTOR 2.00 X 0 0 0 BARBARA LUCAS DIRECTOR 2.00 X 0 0 0 CRISPIN MURIRA DIRECTOR-UNTIL 11/2023 2.00 X 0 0 0 JAMES TORREY DIRECTOR 2.00 X 0 0 0 DANIEL STONER COO - START 10/23 40.00 X 235559 0 32601 SHARAD AGGARWAL SENIOR VICE PRESIDENT-UNTIL 02/24 40.00 X 195540 0 9800 DEBBIE LI DIRECTOR OF FINANCE 40.00 X 139321 0 19893 DEVON MCLORG DIR. OF PARTNERSHIPS-START 10/23 40.00 X 141541 0 19476 CATHERINE NAUGHTON DIRECTOR OF HUMAN RESOURCES 40.00 X 132872 0 18921 LAUREN GODFREY DIRECTOR OF BUSINESS DEVEL 40.00 X 120263 0 18874 ASHLEY TOOMBS LEAD - CLIMATE 40.00 X 126386 0 36528 EMILY GOSSELIN SENIOR MANAGER OF PARTNERSHIPS 40.00 X 109051 0 17822 1514887 0 202419 10 0 1 0 YOUR PART-TIME CONTROLLER (YPTC) 1600 MARKET STREET SUITE 3425 PHILADELPHIA PA 19103 ACCOUNTING 188221 1 2004701 11450527 13455228 CONTRACT INCOME 900099 366522 366522 CONSULTING FEES 900099 3790 3790 370312 573789 573789 20611480 20309237 302243 302243 302243 SHARED SERVICES & OTHER REIMB. 900099 211639 211639 211639 14913211 370312 0 1087671 12305143 12305143 729023 117678 402672 208673 1471185 655767 306281 509137 60459 27240 11109 22110 267136 102494 68985 95657 159671 54647 54959 50065 4020 3985 35 330037 330037 13893 13893 584230 564231 9999 10000 132722 110961 461 21300 21737 4486 9807 7444 74300 11259 21827 41214 248950 61476 120611 66863 135310 54117 67368 13825 18428 4697 10754 2977 66 66 20547 7323 6453 6771 25183 8975 7909 8299 DUES & SUBSCRIPTIONS 80255 11176 43658 25421 RECRUITMENT & PROF. DEV 30989 200 29779 1010 BAD DEBT EXPENSE 23814 23814 FEES AND REGISTRATIONS 18136 400 476 17260 16755234 14126084 1521089 1108061 729 23544756 33842213 11909771 11615415 783484 1508091 133905 37211 238685 225532 30979 13153 14569311 5549205 418205 124773 51390411 52690790 1993441 1717982 34181116 37110115 394509 143930 36569066 38972027 X 8288992 8786256 6532353 4932507 14821345 13718763 51390411 52690790 -1842023 739441 0 X 0 1 X 1 1 1 X 72155960 24156200 44282000 13613438 13455228 167662826 72155960 24156200 44282000 13613438 13455228 167662826 55037747 112625079 137429 12494 83848 663602 573789 1471162 291913 211639 503552 169637540 5893620 0.66390 0.67660 X PART II, SHORT YEAR EXPLANATION: 2023 TAX RETURN IS A SHORT YEAR END DUE TO ACCOUNTING PERIOD CHANGE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99802 95654 4148 138883 129878 9005 13153 OPERATING LEASE LIABILITY 143303 FINANCE LEASE LIABILITY 627 143930 15652652 739441 739441 14913211 0 14913211 16755234 0 16755234 0 16755234 1 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 11204569 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 1100574 0 0 0 0 0 0 12305143 0 12305143 SOUTH ASIA MULTIPLE GRANTS MADE TO BRAC'S PROGRAMS INCLUDING: HEALTHY WOMEN, HEALTHY FAMILIES PROJECT,UPGI GRANT TO BI, PRM BANGLADESH YEAR 2, BIDG DEEPENING EVIDENCE TO ACTION ON CHILDCARE AND CAPITAL LEVERS, CATALYZE EVIDNECE ON IMPROVED CONNECTIVITY FOR WOMEN, FIRE RESPONSE IN NAOGAON 11204569 WIRE TRANSFER 0 SUB-SAHARAN AFRICA MULTIPLE GRANTS MADE INCLUDING:RESEARCH ELA IN SCHOOL SETTINGS FOR SCALE, SUPPORTING BRAC'S COMMUNITY HEALTH PROGRAM IN UGANDA, ADVANCE TO BRAC UGANDA FOR THE GRANT "2022-311 TO THE HILTON REFUGEE INITIATIVE UGANDA, TO ENSURE PROGRAM ACTIVITIES ARE NOT ON STAND STILL 306806 WIRE TRANSFER 0 SUB-SAHARAN AFRICA USAID BRAC LIBERIA NGO FOOD SECURITY NUTRITION AND RESILIENCE IN LIBERIA 456789 WIRE TRANSFER 0 SUB-SAHARAN AFRICA ULTRA-POOR GRADUATION INITIATIVE IN UPPER EGYPT 324954 WIRE TRANSFER 0 SUB-SAHARAN AFRICA JPAL PROJECT 12025 WIRE TRANSFER 0 5 0 1 0 0 0 0 0 PART I, LINE 2: BRAC USA'S GRANTMAKING SUPPORTS A STRATEGIC AGENDA BASED ON PRIORITIES AGREED UPON BY BRAC AND THE BRAC USA BOARD. BRAC USA DOES NOT ACCEPT UNSOLICITED PROPOSALS FROM ORGANIZATIONS THAT ARE NOT PART OF BRAC. BRAC USA REQUIRED NARRATIVE AND FINANCIAL REPORTS TO BE SUBMITTED FOR ALL GRANTS. ADDITIONALLY, BRAC USA STAFF MAY CONDUCT DUE DILIGENCE TRIPS TO SEE THE PROGRAMS THAT RECEIVE FUNDING FROM BRAC USA. X X X X 1 0 0 0 0 0 0 0 0 DONELLA RAPIER PRESIDENT & CEO-UNTIL 04/24 314354 0 0 0 0 0 15750 0 12754 0 342858 0 0 0 DANIEL STONER COO - START 10/23 235559 0 0 0 0 0 11925 0 20676 0 268160 0 0 0 SHARAD AGGARWAL SENIOR VICE PRESIDENT-UNTIL 02/24 128873 0 0 0 66667 0 9800 0 0 0 205340 0 0 0 ASHLEY TOOMBS LEAD - CLIMATE 126386 0 0 0 0 0 8554 0 27974 0 162914 0 0 0 DEVON MCLORG DIR. OF PARTNERSHIPS-START 10/23 141541 0 0 0 0 0 7221 0 12255 0 161017 0 0 0 DEBBIE LI DIRECTOR OF FINANCE 139321 0 0 0 0 0 7085 0 12808 0 159214 0 0 0 CATHERINE NAUGHTON DIRECTOR OF HUMAN RESOURCES 132872 0 0 0 0 0 6505 0 12416 0 151793 0 0 0 PART I, LINE 4A SHARAD AGGARWAL RECEIVED SEVEREANCE IN THE AMOUNT OF $66,667 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE AUDIT COMMITTEE AND MANAGEMENT. A COPY OF THE FINAL RETURN WAS SENT TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND STAFF ARE REQUIRED TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN AN AFFIRMATION STATEMENT. IF A CONFLICT ARISES, ALL MATERIAL FACTS RELATED TO CONFLICT ARE REQUIRED TO BE DISCLOSED IN WRITING TO THE CHAIR OF THE BOARD OF DIRECTORS AND THE CHAIR OF THE AUDIT COMMITTEE. THE BOARD OF DIRECTORS OR THE AUDIT COMMITTEE REVIEWS ALL CONFLICTS OF INTEREST AND MAKES A DETERMINATION ON SUCH MATTERS. PERSONS WITH AN INTEREST IN ANY MATTER UNDER REVIEW ARE NOT PERMITTED TO BE PRESENT AT OR PARTICIPATE IN ANY DELIBERATIONS OR VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION COMMISSIONS AN INDEPENDENT COMPENSATION CONSULTANT TO PREPARE A COMPENSATION STUDY. THE DIRECTOR OF HUMAN RESOURCES REVIEWS MARKET DATA AND FORMS 990 OF OTHER ORGANIZATIONS FOR COMPARABLE POSITIONS ON AN ANNUAL BASIS AND DISCUSSES THIS WITH THE BOARD OF DIRECTORS. THE COMPENSATION REVIEW PROCESS IS DOCUMENTED IN THE BOARD MEETING MINUTES. THE LAST COMPENSATION REVIEW TOOK PLACE IN SEPTEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE INCLUDED IN BRAC USA'S ANNUAL REPORT AND ARE AVAILABLE ON THEIR WEBSITE AND BY REQUEST.