TPhilanthropy, Voluntarism & GrantmakingEIN: 874509339· Ruling Year: 2022

Banas Foundation

Hadley, Massachusetts

B-Health Score
54B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org23.93×
Peer Median18.82×
💰
$16K
Total Revenue
📊
$7K
Total Expenses
🏦
$170K
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-76.1%
Year-over-year change (2022 → 2023)
Net Margin
+56.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
23.93
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$16,11776%$7,083292%$169,5076%
2022$67,45929%$1,806$160,47369%
2021$94,820$0$94,820

Frequently Asked Questions

What does Banas Foundation do?

Banas Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Massachusetts. It is classified under NTEE code T23 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Banas Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Banas Foundation.

How much revenue does Banas Foundation generate?

Revenue data for Banas Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Banas Foundation — Hadley, MA | GiveScope