Skip to main content

Nonprofit · EIN 92-3890441

NABA FOUNDATION

Tax-exempt · GREENBELT, MD 20770

Financials

$677K$02023$2.5M$969K2024
Revenue Expenses · by fiscal year end
Financials of NABA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,467,990$969,266$1,498,724$2,186,896$347$2,186,549
December 31, 2023990$677,158$0$677,158$677,158$0$677,158
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,417,820
Program service revenue
$0
Investment income
$50,170
Other revenue
$0

Expenses

Grants and similar amounts paid
$942,630
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,389
Program services (functional)
$969,266

Balance sheet and other

Total assets, start of year
$677,158
Total assets, end of year
$2,186,896
Total liabilities, end of year
$347
Net assets, end of year
$2,186,549
Publicly traded securities
$2,186,646
Net assets without donor restrictions
$546,289
Net assets with donor restrictions
$1,640,260
Gross receipts
$2,467,990
Employees
0
Volunteers
5
Year formed
2023
State of legal domicile
VA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
RALPH THOMASCHAIR
Trustee or director, Officer
5$0
TASHA AUSTINVICE CHAIR
Trustee or director, Officer
5$0
KIMI ELLENSECRETARY
Trustee or director, Officer
5$0
ZENAI SAVAGETREASURER
Trustee or director, Officer
5$0
STEVEN HARRISDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RALPH THOMASCHAIR
Trustee or director, Officer
5$0
TASHA AUSTINVICE CHAIR
Trustee or director, Officer
5$0
KIMI ELLENSECRETARY
Trustee or director, Officer
5$0
ZENAI BROOKSTREASURER
Trustee or director, Officer
5$0
STEVEN HARRISDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
6406 IVY LN STE 200B, GREENBELT, MD 20770-1435
In care of
% CATHERINE FOCA
Principal officer (990 for 2024)
GUYLAINE SAINT JUSTE, 6406 IVY LANE 200B, GREENBELT, MD 20770
Signed the 990
GUYLAINE SAINT JUSTE, PRESIDENT & CEO
Phone
(301) 474-6222
Return prepared by
CBIZ ADVISORS LLC

Mission

OUR MISSION IS TO CLOSE THE BLACK WEALTH GAP THROUGH EDUCATION, EARNINGS, ENTREPRENEURSHIP, ENTERPRISE AND EQUITY.

990 for the year ended December 31, 2024

Program accomplishments

  • NABA FOUNDATION ALSO PLANS TO CONDUCT RESEARCH REGARDING EMPLOYMENT, ENTREPRENEURSHIP, CAREER EDUCATION AND TRAINING, AND OTHER TOPICS, THE RESULTS OF WHICH WILL HELP IMPROVE EXISTING NABA FOUNDATION EDUCATIONAL PROGRAMS WHILE PROVIDING A BODY OF KNOWLEDGE FOR ORGANIZATIONS WITH SIMILAR EDUCATIONAL GOALS. NABA FOUNDATION INTENDS TO CONVENE PHILANTHROPIC ORGANIZATIONS AND RESEARCH INSTITUTIONS AND COLLABORATE TO DEVELOP BEST-IN-CLASS RESEARCH INITIATIVES THAT SUPPORT THESE GOALS.NABA FOUNDATION ALSO PLANS TO MAKE SCHOLARSHIP GRANTS TO STUDENTS. SINCE ITS INCEPTION, NABA HAS PROVIDED MORE THAN $11 MILLION IN SCHOLARSHIP FUNDS TO DESERVING STUDENTS PREPARING TO ENTER VARIOUS ACCOUNTING, FINANCE AND BUSINESS PROFESSIONS. THE NABA FOUNDATION WILL ACT AS AN ADDITIONAL VEHICLE FOR RAISING FUNDS AND DISBURSING SCHOLARSHIP GRANTS TO QUALIFIED STUDENTS IN CONJUNCTION WITH NABA'S EXISTING SCHOLARSHIP PROGRAMS AND BY CREATING NEW PROGRAMS SPECIFIC TO THE FOUNDATION THAT ARE SUPPORTIVE OF NABA'S MISSION. NABA FOUNDATION MAY ALSO SUPPORT OTHER ORGANIZATIONS DEDICATED TO SIMILAR GOALS.
    Expenses $969,266 · grants $942,630

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-3890441
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$2,186,896
Income (IRS master file)
$2,467,990

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,467,990$969,266$2,186,896IRS
990December 2023$677,158$0$677,158XML

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 92-3890441).

Questions about NABA FOUNDATION

What is the EIN of NABA FOUNDATION?
The employer identification number (EIN) of NABA FOUNDATION is 92-3890441.
Is NABA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to NABA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does NABA 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 NABA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NABA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NABA FOUNDATION?
The 990 for the year ended December 31, 2024 names GUYLAINE SAINT JUSTE.
Who are the officers and directors of NABA FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does NABA FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,467,990, expenses of $969,266 and total assets of $2,186,896 at year end.

Other nonprofits in GREENBELT

All nonprofits in GREENBELT · Maryland · Education