Nonprofit · EIN 46-1338600
BAYBRAZIL INC
Tax-exempt · SAN JOSE, CA 95123
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARISE CORREA | PRESIDENT/CE Officer | 40 | $75,000 |
| FRED ASLAN | BOARD MEMBER Trustee or director | 1 | $0 |
| HARALD BATISTA | BOARD MEMBER Trustee or director | 1 | $0 |
| RON CZERNY | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELA JORGE | BOARD MEMBER Trustee or director | 1 | $0 |
| AVANISH SAHAI | BOARD MEMBER Trustee or director | 1 | $0 |
| VICENTE SILVERIA | CHAIRMAN OF Trustee or director | 1 | $0 |
| ANDERSON THEES | BOARD MEMBER Trustee or director | 1 | $0 |
| ANDY TSAO | BOARD 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.
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 NETWORKExpenses $273
- LUNCH WITH BAYBRAZIL BOARD, SUPPORTERS AND STARTUP MENTORS STRENGTHENING THE US-BRAZIL TECH COMMUNITYExpenses $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 TIESExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $160,544 | $190,152 | $725,750 | IRS |
| 990 | December 2022 | $231,815 | $224,512 | $520,027 | IRS |
| 990 | December 2021 | $45,705 | $29,967 | $918,052 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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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