2024-08-14T09:17:23-05:00 2023-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-10-01 208456741 BRAC USA INC BRAC 2128085615 110 WILLIAM STREET 18TH FLOOR NEW YORK NY 10038 DANIEL STONER CHIEF OPERATING OFFICER 2128085615 2024-08-14 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2022 2024-08-08 14:25:15Z DANIEL STONER 110 WILLIAM STREET 18TH FLOOR NEW YORK NY 10038 16425620 0 X WWW.BRACUSA.ORG X 2006 NY SEE PART III, LINE 1. 15 14 36 15 0 0 44282000 13613438 1506741 873575 6288 623693 0 291913 45795029 15402619 42999872 10549355 0 0 3884255 3751231 0 0 1871175 2958060 3200384 49842187 17500970 -4047158 -2098351 58607778 51390411 42340218 36569066 16267560 14821345 X BRAC USA SHARES THE SAME MISSION AS BRAC: OUR MISSION IS TO EMPOWER PEOPLE AND COMMUNITIES IN SITUATIONS OF POVERTY, ILLITERACY, DISEASES, AND SOCIAL INJUSTICE. (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 10549355 10549355 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 THE GOAL OF 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. 3018192 873575 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. 520803 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. 14088350 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 15 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 DEBBIE LI 2128085615 110 WILLIAM STREET 18TH FLOOR NEW YORK NY 10038 DONELLA RAPIER PRESIDENT & CEO 40.00 X X 315000 0 28372 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 JAMIRA BURLEY DIRECTOR - UNTIL 01/2023 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 2.00 X 0 0 0 JAMES TORREY DIRECTOR 2.00 X 0 0 0 DANIEL STONER CHIEF PROGRAM OFFICER 40.00 X 228500 0 31872 SHARAD AGGARWAL SENIOR VICE PRESIDENT 40.00 X 194461 0 9723 DEBBIE LI DIRECTOR OF FINANCE 40.00 X 140313 0 19638 SCOTT MACMILLAN DIRECTOR OF LEARNING AND INNOVATION 40.00 X 137196 0 34256 DEVON MCLORG DIRECTOR OF EDUCATION 40.00 X 140050 0 19090 CATHERINE NAUGHTON DIRECTOR OF HUMAN RESOURCES 40.00 X 131070 0 18742 LAUREN GODFREY DIRECTOR OF BUSINESS DEVELOPMENT 40.00 X 118174 0 18531 ELIZABETH WRIGHT DIR. OF COMMS - UNTIL 08/2023 40.00 X 113161 0 17228 1517925 0 197452 9 0 1 0 YOUR PART-TIME CONTROLLER (YPTC) 1600 MARKET STREET SUITE 3425 PHILADELPHIA PA 19103 ACCOUNTING 267119 1 2014580 11598858 5345 13613438 CONTRACT INCOME 900099 873575 873575 873575 663602 663602 983092 1023001 -39909 -39909 -39909 SHARED SERVICES & OTHER REIMB. 900099 291913 291913 291913 15402619 873575 0 915606 X 10549355 10549355 967879 530441 338136 99302 2160666 784649 306705 1069312 93026 33149 11865 48012 312154 112932 26746 172476 217506 87684 46642 83180 9335 9335 338150 338150 25973 25973 1770490 1613205 148824 8461 142297 135344 6953 17411 3154 7614 6643 92769 15212 30173 47384 346303 139951 27484 178868 184730 42183 86320 56227 21114 5335 12868 2911 220 220 36051 14885 7016 14150 25500 10529 4963 10008 DUES & SUBSCRIPTIONS 103412 9526 45277 48609 BAD DEBT EXPENSE 67134 67134 FEES AND REGISTRATIONS 19495 816 18679 17500970 14088350 1541445 1871175 33756481 0 1673264 23544756 18434640 11909771 389892 783484 104578 133905 238685 207706 63400 30979 4112283 14569311 73240 418205 58607778 51390411 1984509 1993441 40271371 34181116 84338 394509 42340218 36569066 X 7906997 8288992 8360563 6532353 16267560 14821345 58607778 51390411 -2098351 652136 0 X 0 1 X 1 0 X 15764823 72155960 24156200 44282000 13613438 169972421 15764823 72155960 24156200 44282000 13613438 169972421 54068889 115903532 140872 137429 12494 83848 663602 1038245 291913 291913 171302579 7083212 0.67660 0.61080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99802 91303 8499 138883 116403 22480 30979 OPERATING LEASE LIABILITY 391114 FINANCE LEASE LIABILITY 3395 394509 X 16054755 652136 652136 15402619 0 15402619 17500970 0 17500970 0 17500970 PART X, LINE 2: FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, BRAC USA HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES, AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 SOUTH ASIA 0 0 GRANTMAKING 7528901 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 3020454 0 0 0 0 0 0 10549355 0 10549355 SOUTH ASIA MULTIPLE GRANTS MADE TO BRAC'S PROGRAMS INCLUDING: BRAC'S ULTRA-POOR GRADUATION INITIATIVE; ESSENTIAL HEALTHCARE SUPPORT IN COX'S BAZAR; SUPPORTING HEALTHY WOMEN, HEALTHY FAMILIES PROJECTS; PROJECTS TO SUPPORT FEMALE RMG WORKERS IN BANGLADESH; URBAN DEVELOPMENT PROGRAMMING; CLIMATE CHANGE PROGRAMMING; HEALTH NUTRITION EDUCATION; HELPING UNDERSERVED COMMUNITIES TO STAY SAFE ONLINE; INCREASED ACCESS TO HIGHER EDUCATION FOR ROHINGYA REFUGEE & HOSTS IN COX'S BAZAR; EMERGENCY RELIEF FOR FLOODING IN BANGLADESH; ADAPTATION CLINICS; RESEARCH PROGRAMS FOR BRAC UNIVERSITY; AND EDUCATION FUNDING IN COX'S BAZAR. 7528901 WIRE TRANSFER 0 SUB-SAHARAN AFRICA MULTIPLE GRANTS MADE TO BRAC INTERNATIONAL'S PROGRAMS INCLUDING: FOOD SECURITY AND RURAL CAPACITY-BUILDING; IMPROVING SMALLHOLDERS' RESILIENCE TO CLIMATE CHANGE; STEPPING UP BRAC'S REMOTE LEARNING THROUGH PLAY RESPONSE; EMPOWERMENT AND LIVELIHOOD FOR ADOLESCENTS PROGRAM; SUPPORT TO EARLY CHILDHOOD DEVELOPMENT PROGRAMMING; SECONDARY EDUCATION SUPPORT; SUPPORT FOR COMMUNITY HEALTH WORKERS; DIGITAL SCHOOLS PROGRAMMING ; SUPPORT TO REFUGEE INITIATIVES; SUPPORT FOR PROGRAMS IMPROVING MATERNAL AND CHILD HEALTH; AND LOCAL EMERGENCY PREPAREDNESS AND RESPONSE PROJECT(S). 3020454 WIRE TRANSFER 0 2 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. PART III ACCOUNTING METHOD: X X X X 0 0 0 0 0 0 0 0 0 DONELLA RAPIER PRESIDENT & CEO 315000 0 0 0 0 0 15750 0 12622 0 343372 0 0 0 DANIEL STONER CHIEF PROGRAM OFFICER 228500 0 0 0 0 0 11425 0 20447 0 260372 0 0 0 SHARAD AGGARWAL SENIOR VICE PRESIDENT 194461 0 0 0 0 0 9723 0 0 0 204184 0 0 0 SCOTT MACMILLAN DIRECTOR OF LEARNING AND INNOVATION 137196 0 0 0 0 0 6860 0 27396 0 171452 0 0 0 DEBBIE LI DIRECTOR OF FINANCE 140313 0 0 0 0 0 7016 0 12622 0 159951 0 0 0 DEVON MCLORG DIRECTOR OF EDUCATION 140050 0 0 0 0 0 7003 0 12087 0 159140 0 0 0 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. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,074,470. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 345. TOTAL EXPENSES 1,074,815. CONTRACT FEES: PROGRAM SERVICE EXPENSES 513,837. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 513,837. RECRUITMENT & PROF. DEVEL.: PROGRAM SERVICE EXPENSES 24,898. MANAGEMENT AND GENERAL EXPENSES 148,824. FUNDRAISING EXPENSES 8,116. TOTAL EXPENSES 181,838.