BayBrazil
Legal name: Baybrazil Inc
Nonprofit profile at a glance
- EIN
- 461338600
- IRS 990 coverage
- 2016–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- San Jose, CA, USA
- Phone
- 4085285851
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies & Associations
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $802
- Expenses
- $101,375
- Assets
- $692,156
- Liabilities
- $34,757
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MARGARISE CORREA (PRESIDENT/CE)
Highest reported compensation
- MARGARISE CORREA (PRESIDENT/CE): $75,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
BayBrazil is a Silicon Valley-based not-for-profit organization dedicated to bringing together the Brazilian-American ecosystem of professionals & businesses in the Bay Area and helping to facilitate ties between Silicon Valley and Brazil. BayBrazil mission is to: Build the Brazilian-American tech community in Silicon Valley & connect it with Brazil’s entrepreneurial ecosystem; Foster dialogue and knowledge-sharing among American and Brazilian innovation leaders & help strengthening business ties between Silicon Valley and Brazil; Serve as information channel on U.S.-Brazil digital economy; Give back to the entrepreneurial community by mentoring young entrepreneurs, facilitating access to businesses.
What it reported doing in 2025
Aug 14, 2025 at drumwave headquarters in mountain view: business meeting meeting with brazilian founders building companies in silicon valley and endeavor brazil team companies represented electricfish, bridgen ai, drumwave, gamesafer aug 17, 2025, los gatos: business meeting meeting and lunch with brazilian tech diaspora and founders in the baybrazil network with mentors and ambassadors in the endeavor brazil network
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 90
- Accountability: 57
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 21.9%; rating input score 22
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 28th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -12,540.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 6.83; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 74%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 5.9% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: -19.5% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 52nd percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 21.9% of spending went to programs
- Governance: 8 of 9 board members independent · 1 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $22K in reported program spending
- Leadership: top reported pay $75K · 9 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Program expense ratio scored 22/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.