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Nonprofit · EIN 46-1338600

BAYBRAZIL INC

Tax-exempt · SAN JOSE, CA 95123

Financials

$802$101K2025
Revenue Expenses · by fiscal year end
Financials of BAYBRAZIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$802$101,375-$100,573$692,156$34,757$657,399
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$529
Program service revenue
$273
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$75,000
Salaries, compensation and benefits (total)
$80,849
Professional fundraising fees
$0
Accounting fees
$17,073
Travel
$1,272
Program services (functional)
$22,251
Management and general (functional)
$79,124

Balance sheet and other

Total assets, start of year
$569,523
Total assets, end of year
$692,156
Total liabilities, end of year
$34,757
Net assets, end of year
$657,399
Net assets without donor restrictions
$657,399
Gross receipts
$802
Employees
1
Volunteers
2
Year formed
2012
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARGARISE CORREAPRESIDENT/CE
Officer
40$75,000
FRED ASLANBOARD MEMBER
Trustee or director
1$0
HARALD BATISTABOARD MEMBER
Trustee or director
1$0
RON CZERNYBOARD MEMBER
Trustee or director
1$0
DANIELA JORGEBOARD MEMBER
Trustee or director
1$0
AVANISH SAHAIBOARD MEMBER
Trustee or director
1$0
VICENTE SILVERIACHAIRMAN OF
Trustee or director
1$0
ANDERSON THEESBOARD MEMBER
Trustee or director
1$0
ANDY TSAOBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
508 WEYBRIDGE DR, SAN JOSE, CA 95123-4957
Principal officer (990 for 2025)
MARGARISE CORREA, 508 WEYBRIDGE DR, SAN JOSE, CA 95123
Signed the 990
MARGARISE CORREA, PRESIDENT/CEO
Phone
(408) 528-5851
Return prepared by
D&L FINANCIAL SERVICES

Mission

TO BUILD A TIGHTLY-KNIT COMMUNITY OF BRAZILIAN PROFESSIONALS, ENTREPRENEURS, INVESTORS & SCHOLARS IN THE BAY AREA BY PROMOTING NETWORKING AND STRENGTHENING BUSINESS TIES WITH U.S. PROFESSIONALS INTERESTED IN BRAZIL.

990 for the year ended December 31, 2025

Program accomplishments

  • APRIL 21, 2025 AT STANFORD UNIVERSITY: BRAZILIAN TECH DIASPORA MEETING. BAYBRAZIL GATHERED FOUNDERS, INVESTORS, LPS AND TECH LEADERS FROM BRAZIL & SILICON VALLEY TO DISCUSS TRENDS IN AI AND VENTURE CAPITAL.
    Expenses $15,352
  • 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
    Expenses $273
  • LUNCH WITH BAYBRAZIL BOARD, SUPPORTERS AND STARTUP MENTORS STRENGTHENING THE US-BRAZIL TECH COMMUNITY
    Expenses $486
  • MEETINGS WITH FOUNDERS, INTRODUCTIONS TO TECH PLAYERS, INVESTORS, MENTORS MONTHLY NEWS SUMMARY ON RELEVANT DEALS, INVESTMENTS ON BRAZIL-SILICON VALLEY ENTREPRENEURIAL SCENE CALLS, DIGITAL MEETINGS TO BUILD RELATIONSHIPS, FOSTER DIALOGUES, NEW OPPORTUNITIES AND NURTURE COMMUNITY TIES
    Expenses $6,140

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-1338600
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Religion-related (X03)
Assets (IRS master file)
$692,156
Income (IRS master file)
$802

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$160,544$190,152$725,750IRS
990December 2022$231,815$224,512$520,027IRS
990December 2021$45,705$29,967$918,052IRS
990October 2021–––IRS
990October 2020–––IRS
990October 2019–––IRS
990October 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about BAYBRAZIL INC

What is the EIN of BAYBRAZIL INC?
The employer identification number (EIN) of BAYBRAZIL INC is 46-1338600.
Is BAYBRAZIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2014.
Are donations to BAYBRAZIL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BAYBRAZIL INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BAYBRAZIL INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAYBRAZIL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BAYBRAZIL INC?
The 990 for the year ended December 31, 2025 names MARGARISE CORREA.
Who are the officers and directors of BAYBRAZIL INC?
The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $75,000 (MARGARISE CORREA, PRESIDENT/CE).
How much revenue does BAYBRAZIL INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $802, expenses of $101,375 and total assets of $692,156 at year end.

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