Banu Foundation
Nonprofit profile at a glance
- EIN
- 861580421
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Miami, FL, USA
- Phone
- 3104805600
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $65,000
- Expenses
- $53,157
- Assets
- $21,921
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ANNA QUINT (EXECUTIVE DIRECTOR)
- AFSHIN MOLAVI (PRESIDENT, CHAIRMAN AND DI)
People named in this filing
- ANNA QUINT (EXECUTIVE DIRECTOR)
- BRETT WOOD (DIRECTOR)
- MAGGIE OETGEN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The banu foundation is devoted to three goals: empowering, protecting, and educating at-risk children and women around the world.
What it reported doing in 2024
Fighting human trafficking at the u.s. Border the banu foundation held an educational forum on december 15, 2023, at nova southeastern university in fort lauderdale, Florida. The panel discussion focused on the human trafficking crisis affecting migrants. Discussion topics include the below initiatives intended to prevent the trafficking of migrants, remove migrants from human trafficking arrangements, and punish smugglers and contributors of human trafficking: raising awareness about the risks of human trafficking through campaigns executed at the grassroots and national level. Prevention measures - including providing concrete information on safe and legal migration and employment. Targeting and identifying traffickers. Capacity building to enable government, civil society organizations, and other stakeholders to identify, refer, and assist victims of trafficking. Advocacy to ensure that policies, regulations, and legislation adhere to the principles of protection, prevention, prosecution, and partnership. Safe and orderly reintegration into communities and economies through psychological and legal assistance, family support, education, vocational training, and more.speakers represented: nurses united against human trafficking, department of homeland security, fundacin para la libertad de nicaragua, kids in need of defense (kind), and twentyfour-seven (a human trafficking survivor-led organization). Participants included approximately thirty individuals, predominantly from the fields of human rights, anti-human trafficking, philanthropy, and education. The forum was also filmed and distributed virtually to over one-hundred viewers. Short and long-term objectives of the program are to encourage information sharing and best practices, raise awareness, facilitate partnerships and collaborations to fight human trafficking, and ultimately reduce human trafficking cases among migrants.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 56
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 18.2%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -44.1% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -75.4% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.