To end homelessness for women and children by providing shelter, housing and supportive services.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$93K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $23K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $1.3M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.3M
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+14% vs prior year
Spent
$2.1M
To programs
78%
Net assets
$2.6M
By yearFY2020–FY2025
Revenue
$2.2M
FY2021▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$2.2M
FY2022$2.0M
FY2023$3.3M
FY2024$3.4M
FY2025$5.9M
Expenses
$2.1M
FY2021▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$2.1M
FY2022$2.6M
FY2023$3.9M
FY2024$3.7M
FY2025$4.7M
Net assets
$2.6M
FY2021▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.6M
FY2022$2.0M
FY2023$1.5M
FY2024$1.2M
FY2025$2.4M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.6M Management & general 16% · $328K Fundraising 6% · $123K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$93,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Cory Lee’s $94K as CEO is at the 28th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Heather Hoffman———$95,176$93,000—
Cory Lee$93,515$52,096$52,096———
Connie Chavez—————$85,700
Kimberly Romero———$45,037——
Cletus Stoflet———$16,178——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Barrett Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides shelter, housing, and support to end homelessness for women and children.

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2020
01

Barrett House Shelter for Women and Children

In may 1985, barrett foundation opened barrett house, a shelter for homeless women and children in albuquerque, NM. Barrett house services an average of 35 women and children every night, providing three meals a day, 365 days a year.

$747Kprogram expense
02

Bridges rapid rehousing program helps individuals and families secure stable housing and provide rental assistance for up to 24 months based on need. Program participants receive individualized case management to assist with overcoming barriers, strengthening life skills, increasing income, applying for entitlements, connecting to…

$157Kprogram expense
03

Milagro permanent supportive housing program provides leasing assistance for individuals and families who are chronically homeless and have a documented disability. In addition to leasing assistance, program participants receive individualized case management to assist with overcoming barriers, strengthening life skills, accessing…

$152Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$1.8M
Fees for servicesLn 2g$273K
Other incomeLn 4–11$82K
Money outPt IX
$2.1M
Ln 25
Programscol B$1.6M
Managementcol C$328K
Fundraisingcol D$123K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$596K
Total assetsLn 16$5.9M
LiabilitiesLn 26$3.3M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Government grantsLn 1e$1.1M
Noncash giftsLn 1g$64K
Fees for servicesLn 2g$273K
Investment incomeLn 3$44K
Other incomeLn 4–11$82K
Gains on assetsLn 7$44K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$596K
Cash and savings togetherLn 1–2$596K
InvestmentsLn 11–13$537K
Land, buildings, equipmentLn 10c$4.5M
Total assetsLn 16$5.9M
LiabilitiesLn 26$3.3M
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 539
VolunteersI 6307
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$511K$596K
InvestmentsLn 11–13$463K$537K
Land, buildings, equipmentLn 10c$4.6M$4.5M
Total assetsLn 16$6.0M$5.9M
LiabilitiesLn 26$3.5M$3.3M
Net assetsLn 32$2.5M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$93K$93K
Other salaries and wagesLn 7$720K$515K$124K$80K
Other employee benefitsLn 9$95K$56K$27K$13K
Payroll taxesLn 10$65K$41K$18K$6K
Management feesLn 11a$11K$11K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$30K$30K
Other fees for servicesLn 11g$34K$12K$17K$5K
Office expensesLn 13$23K$14K$2K$7K
OccupancyLn 16$77K$76K$196$313
Conferences, conventions and meetingsLn 19$3K$349$2K$568
InterestLn 20$5K$241$2K$3K
Depreciation, depletion and amortizationLn 22$153K$148K$5K$570
InsuranceLn 23$49K$36K$13K$758
Other expenses (24a–d)Ln 24$695K$675K$13K$6K
All other expensesLn 24e$7K$6K$1K
Total functional expensesLn 25$2.1M$1.6M$328K$123K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.9M$4.7M$1.2M$2.4M 990 PDF
FY2024 $3.4M$3.7M−$295K$1.2M 990 PDF
FY2023 $3.3M$3.9M−$575K$1.5M 990 PDF
FY2022 $2.0M$2.6M−$553K$2.0M 990 PDF
FY2021 Viewing $2.2M$2.1M$98K$2.6M 990 PDF
FY2020 $1.9M$1.6M$263K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $2,165,020 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,649,402$1,765,746
I-9 Program service revenuePrior year $209,820$272,771
I-10 Investment incomePrior year $4,577$44,267
I-11 Other revenuePrior year $31,413$82,236
I-12 Total revenuePrior year $1,895,212$2,165,020
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $906,358$972,631
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $725,789$1,094,011
I-18 Total expensesPrior year $1,632,147$2,066,642
I-19 Revenue less expensesPrior year $263,065$98,378
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,165,020 across 10 lines filed
VIII-1e Government grants$1,117,041
VIII-1f All other contributions, gifts and grants$648,705
VIII-1g Noncash contributions (included above)$63,535
VIII-1h Total contributions, gifts and grants$1,765,746
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $272,771$272,771
VIII-3 Investment incomeExcluded from tax $17$17
VIII-6 Net rental income or lossExcluded from tax $83,868$83,868
VIII-7 Net gain or loss on sales of assetsExcluded from tax $44,250$44,250
VIII-8 Net income from fundraising eventsExcluded from tax −$1,632−$1,632
VIII-12 Total revenueRelated to mission $272,771 · Unrelated business $0 · Excluded from tax $126,503$2,165,020
Part IX · Statement of functional expenses $2,066,642 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $93,000$93,000
IX-7 Other salaries and wagesPrograms $515,445 · Management $124,458 · Fundraising $79,857$719,760
IX-9 Other employee benefitsPrograms $55,947 · Management $26,532 · Fundraising $12,592$95,071
IX-10 Payroll taxesPrograms $40,850 · Management $17,701 · Fundraising $6,249$64,800
IX-11a Management feesManagement $11,383$11,383
IX-11b Legal feesPrograms $6,565$6,565
IX-11c Accounting feesPrograms $30,370$30,370
IX-11g Other fees for servicesPrograms $12,014 · Management $16,573 · Fundraising $5,056$33,643
IX-13 Office expensesPrograms $14,100 · Management $2,091 · Fundraising $7,224$23,415
IX-16 OccupancyPrograms $75,997 · Management $196 · Fundraising $313$76,506
IX-19 Conferences, conventions and meetingsPrograms $349 · Management $1,852 · Fundraising $568$2,769
IX-20 InterestPrograms $241 · Management $2,053 · Fundraising $2,858$5,152
IX-22 Depreciation, depletion and amortizationPrograms $147,513 · Management $5,077 · Fundraising $570$153,160
IX-23 InsurancePrograms $36,210 · Management $12,503 · Fundraising $758$49,471
IX-24 Other expenses (24a–d)Programs $674,770 · Management $13,404 · Fundraising $6,470$694,644
IX-24e All other expensesPrograms $5,563 · Management $1,370$6,933
IX-25 Total functional expensesPrograms $1,615,934 · Management $328,193 · Fundraising $122,515$2,066,642
Part X · Balance sheet $5,920,567 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $511,387$595,505
X-3 Pledges and grants receivableStart of year $236,106$60,706
X-4 Accounts receivableStart of year $99,917$188,245
X-9 Prepaid expenses and deferred chargesStart of year $14,601$10,705
X-10c Land, buildings and equipment, netStart of year $4,639,909$4,528,156
X-11 Publicly traded securitiesStart of year $462,716$537,250
X-16 Total assetsStart of year $5,964,636$5,920,567
X-17 Accounts payable and accrued expensesStart of year $63,618$82,571
X-25 Other liabilitiesStart of year $161,400$0
X-26 Total liabilitiesStart of year $3,487,518$3,345,071
X-27 Net assets without donor restrictionsStart of year $1,908,230$2,118,020
X-28 Net assets with donor restrictionsStart of year $568,888$457,476
X-32 Total net assets or fund balancesStart of year $2,477,118$2,575,496
X-33 Total liabilities and net assetsStart of year $5,964,636$5,920,567
Part XI · Reconciliation of net assets $2,575,496 net assets at year end
XI-1 Total revenue$2,165,020
XI-2 Total expenses$2,066,642
XI-3 Revenue less expenses$98,378
XI-4 Net assets at start of year$2,477,118
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,575,496

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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