Nonprofit · EIN 86-1253093
BALAM FOUNDATION INCORPORATED
Tax-exempt · MIAMI, FL 33145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $643,429 | $534,465 | $108,964 | $513,724 | $6,570 | $507,154 |
| December 31, 2024 | 990 | $776,079 | $478,184 | $297,895 | $406,526 | $10,324 | $396,202 |
| December 31, 2023 | 990 | $358,994 | $358,718 | $276 | $101,295 | $967 | $100,328 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $643,423
- Program service revenue
- $0
- Investment income
- $6
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,591
- Compensation of officers, directors and key employees
- $51,976
- Salaries, compensation and benefits (total)
- $55,952
- Professional fundraising fees
- $0
- Legal fees
- $2,764
- Accounting fees
- $4,594
- Occupancy
- $8,605
- Depreciation
- $5,468
- Program services (functional)
- $479,101
- Management and general (functional)
- $26,373
- Fundraising (functional)
- $28,991
Balance sheet and other
- Total assets, start of year
- $406,526
- Total assets, end of year
- $513,724
- Total liabilities, end of year
- $6,570
- Net assets, end of year
- $507,154
- Land, buildings and equipment
- $343,196
- Gross receipts
- $643,429
- Employees
- 1
- Volunteers
- 6
- Year formed
- 2021
- State of legal domicile
- FL
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 |
|---|---|---|---|
| Phaedra Barratt | President Trustee or director, Officer | 70 | $51,976 |
| Jessica Frick | Secretary Trustee or director, Officer | 0.2 | $0 |
| Leigh Hayes | Vice President Trustee or director, Officer | 0.2 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phaedra Barratt | President Trustee or director, Officer | 70 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phaedra Barratt | President Trustee or director, Officer | 70 | $48,742 |
Address and contacts
- Address (IRS master file)
- 2520 CORAL WAY STE 2 PMB 258, MIAMI, FL 33145-3431
- In care of
- % PHAEDRA BARRATT
- Principal officer (990 for 2025)
- Phaedra Barratt President, Calzada de la Presa 14-2, San Miguel de Allende, Guanajuato 37700, MX
- Signed the 990
- PHAEDRA BARRATT PRESIDENT, President
- Phone
- (305) 856-1802
- Return prepared by
- South Village Services
Mission
Aims to improve the well-being of animals, especially cats. Provides trap/neuter/release programs, sterilization clinics, veterinary care, boarding care, and adoption services, including transportation to new homes.
Program accomplishments
- Animal care and fostering: Animals are rescued, rehabilitated, and cared for until suitable families can be found, or animals can be sterlized and released.Expenses $216,805 · grants $1,591
- Sterilizations. 4073 Animals total (1175 dogs, 2898 cats) through community events and dedicated trap/neuter/release programs. Cats which are released provide free rodent control for the community. In addition to feral cats, The Balam Foundation assists impoverished families with sterilizations of their dogs and cats.Expenses $109,401
- Adoptions: During 2025, 146 dogs and cats were fostered until suitable adoptive owners could be found in the USA and Canada.Expenses $89,809
- Veterinary care: Care is provided to impoverished families needing help for their animals and also for feral animals which are trapped.Expenses $63,086
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 86-1253093
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D30)
- Assets (IRS master file)
- $513,724
- Income (IRS master file)
- $643,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $643,429 | $534,465 | $513,724 | XML |
| 990 | December 2024 | $776,079 | $478,184 | $406,526 | XML |
| 990 | December 2023 | $358,994 | $358,718 | $101,295 | XML |
| 990 | December 2022 | $221,718 | $167,313 | $100,509 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 86-1253093).
Questions about BALAM FOUNDATION INCORPORATED
- What is the EIN of BALAM FOUNDATION INCORPORATED?
- The employer identification number (EIN) of BALAM FOUNDATION INCORPORATED is 86-1253093.
- Is BALAM FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to BALAM FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BALAM FOUNDATION INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BALAM FOUNDATION INCORPORATED 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 BALAM FOUNDATION INCORPORATED 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 BALAM FOUNDATION INCORPORATED?
- The 990 for the year ended December 31, 2025 names Phaedra Barratt President.
- Who are the officers and directors of BALAM FOUNDATION INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $51,976 (Phaedra Barratt, President).
- How much revenue does BALAM FOUNDATION INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $643,429, expenses of $534,465 and total assets of $513,724 at year end.
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