Nonprofit · EIN 86-1580421
BANU FOUNDATION
Tax-exempt (reinstated) · MIAMI, FL 33180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-EZ | $65,000 | $53,157 | $11,843 | $21,921 | $0 | $21,921 |
| October 31, 2024 | 990-EZ | $2,000 | $68,269 | -$66,269 | $10,078 | $0 | $10,078 |
| October 31, 2023 | 990-EZ | $120,000 | $69,106 | $50,894 | $76,347 | $0 | $76,347 |
Financial details: 990-EZ for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $65,000
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $37,800
- Other expenses
- $15,357
Balance sheet and other
- Total assets, start of year
- $10,078
- Total assets, end of year
- $21,921
- Total liabilities, end of year
- $0
- Net assets, end of year
- $21,921
- Cash, savings and investments
- $21,921
- Gross receipts
- $65,000
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-EZ for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA QUINT | EXECUTIVE DIRECTOR | 10 | $0 |
| BRETT WOOD | DIRECTOR | 2 | $0 |
| MAGGIE OETGEN | DIRECTOR | 2 | $0 |
| ROBERT FARDI | CFO AND DIRECTOR | 2 | $0 |
| ANNA MEHRABI | SECRATARY AND DIRECTOR | 10 | $0 |
| AFSHIN MOLAVI | PRESIDENT, CHAIRMAN AND DI | 2 | $0 |
990-EZ for the year ended October 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AFSHIN MOLAVI | PRESIDENT, CHAIRMAN AND DI | 2 | $0 |
| ANNA MEHRABI | SECRATARY AND DIRECTOR | 10 | $0 |
| ROBERT FARDI | CFO AND DIRECTOR | 2 | $0 |
| MAGGIE OETGEN | DIRECTOR | 2 | $0 |
| BRETT WOOD | DIRECTOR | 2 | $0 |
| ANNA QUINT | EXECUTIVE DIRECTOR | 10 | $0 |
990-EZ for the year ended October 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AFSHIN MOLAVI | PRESIDENT, CHAIRMAN AND DI | 2 | $0 |
| ANNA MEHRABI | SECRATARY AND DIRECTOR | 10 | $0 |
| ROBERT FARDI | CFO AND DIRECTOR | 2 | $0 |
| MAGGIE OETGEN | DIRECTOR | 2 | $0 |
| BRETT WOOD | DIRECTOR | 2 | $0 |
| ANNA QUINT | EXECUTIVE DIRECTOR | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 20533 BISCAYNE BLVD UNIT 372, MIAMI, FL 33180-1529
- In care of
- % ANNA MEHRABI
- Signed the 990-EZ
- BRETT WOOD, DIRECTOR
- Phone
- (310) 480-5600
- Return prepared by
- ASCEND TAX AND BUSINESS ADVISORS LLP
Mission
THE BANU FOUNDATION IS DEVOTED TO THREE GOALS: EMPOWERING, PROTECTING, AND EDUCATING AT-RISK CHILDREN AND WOMEN AROUND THE WORLD.
Program accomplishments
- 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.
- YOUTH EDUCATION AROUND HUMAN TRAFFICKING THE BANU FOUNDATION, IN PARTNERSHIP WITH THE WASHINGTON, DC POLICE FOUNDATION, INTERNET CRIMES AGAINST CHILDREN (ICAC), AND THE METROPOLITAN POLICE DEPARTMENT (MPD), HELD HUMAN TRAFFICKING EDUCATIONAL SESSIONS AT SCHOOLS IN UNDERSERVED NEIGHBORHOODS OF WASHINGTON, DC. TWO SESSIONS WERE HELD: MARCH 25, 2024 AT STANTON ELEMENTARY SCHOOL, AND JUNE 3, 2024 AT HARRIET TUBMAN ELEMENTARY SCHOOL, BOTH IN WASHINGTON, DC. APPROXIMATELY 125 STUDENTS, AND 15 TEACHERS AND SCHOOL ADMINISTRATORS ATTENDED THE SESSIONS. THE VAST MAJORITY OF YOUTH ARE UNAWARE OF THE REALITIES OF HUMAN TRAFFICKING AND ARE THEREFORE SUSCEPTIBLE TO THIS CRIME. ADDITIONALLY, TRAFFICKING CASES INVOLVING CHILDREN ARE INCREASINGLY DIFFICULT TO PROVE BECAUSE YOUTH VICTIMS ARE UNAWARE THAT THE OCCURRENCE CONSTITUTES A CRIME. THEREFORE, THIS PROGRAMMING IS DESIGNED TO IMMEDIATELY EDUCATE CHILDREN AND TEENAGERS SO THEY CAN RECOGNIZE, AVOID, AND REPORT HUMAN TRAFFICKING TO LAW ENFORCEMENT AND TRUSTED FIGURES. THE LONGER-TERM GOAL IS TO REDUCE INSTANCES OF YOUTH HUMAN TRAFFICKING IN LOW-INCOME NEIGHBORHOODS.
- COMBATTING LABOR TRAFFICKING WITH INNOVATIVE TECHNOLOGIESTHE BANU FOUNDATION HELD AN INITIATIVE AT THE CENTER FOR ADVANCED DEFENSE STUDIES (C4ADS) ON JULY 16, 2024. THE EDUCATION FORUM FOCUSED ON UTILIZING INNOVATIVE TECH TO COMBAT LABOR TRAFFICKING, WHICH HAS A UNIQUE SET OF CHALLENGES THAN SEX TRAFFICKING. DISCUSS TOPICS INCLUDED THE FOLLOWING: LEVERAGING DATA AND TECHNOLOGY TO STOP FORCED LABOR IN JURISDICTIONS THAT THE U.S. HAS LESS ACCESS TO, SUCH AS CHINA. HIGHLIGHTING OPPORTUNITIES TO INVEST IN ANTI-TRAFFICKING TECHNOLOGY IN THE PRIVATE SECTOR. ENCOURAGING RESPONSIBLE BUSINESS CONDUCT THROUGH DUE DILIGENCE, SUPPLY CHAIN TRANSPARENCY, FINANCIAL INCLUSION, AND UNIQUE DATASETS. MANUFACTURERS AND GOVERNMENTS' USE OF DATA AND ADVANCED TECH TO IDENTIFY BAD ACTORS WITHIN SUPPLY CHAINS AND PREVENT THE GLOBAL DISTRIBUTION OF PRODUCTS MADE THROUGH FORCED LABOR. LAW ENFORCEMENT'S USE OF FACIAL RECOGNITION ALGORITHMS, ENHANCED VIDEO ANALYTIC CAPABILITIES, AND EVEN A TATTOO-MATCHING SOLUTION TO CAPTURE TRAFFICKERS. SPEAKERS REPRESENTED: THE WASHINGTON POST, C4ADS, EAGLE FREEDOM FUND, EVIDENCITY, THOMSON REUTERS SPECIAL SERVICES, AND NEC NATIONAL SECURITY. PARTICIPANTS INCLUDED APPROXIMATELY FIFTY INDIVIDUALS FROM THE FIELDS OF TECHNOLOGY, LAW ENFORCEMENT, HUMAN RIGHTS, ANTI-HUMAN TRAFFICKING, EDUCATION, RESEARCH, AND ADVOCACY. THE SHORT AND LONG-TERM GOALS ARE TO RAISE AWARENESS, ENCOURAGE DIALOGUE, ADVOCATE FOR THE ENHANCEMENT AND USE OF IMPACTFUL TECH, AND FORM PARTNERSHIPS AND ALLIANCES ALL WITH THE INTENT TO IDENTIFY AND DISMANTLE LABOR TRAFFICKING.
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990-EZ on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-EZ on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-1580421
- 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
- 2025
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R12)
- Assets (IRS master file)
- $21,921
- Income (IRS master file)
- $65,000
Revocation and reinstatement
- Exemption revoked
- March 15, 2024
- Posted by the IRS
- June 10, 2024
- Reinstated
- Effective March 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | October 2025 | – | – | – | IRS |
| 990-EZ | October 2024 | – | – | – | IRS |
| 990-EZ | October 2023 | – | – | – | 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 BANU FOUNDATION
- What is the EIN of BANU FOUNDATION?
- The employer identification number (EIN) of BANU FOUNDATION is 86-1580421.
- Is BANU FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on March 15, 2024 and reinstated it effective March 15, 2024.
- Are donations to BANU FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANU FOUNDATION 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 BANU FOUNDATION due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BANU FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
- Who are the officers and directors of BANU FOUNDATION?
- The 990-EZ for the year ended October 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does BANU FOUNDATION have?
- On its 990-EZ for the year ended October 31, 2025 it reported revenue of $65,000, expenses of $53,157 and total assets of $21,921 at year end.
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