Bansan Foundation
Bansan Foundation shows consistent revenue and asset growth with no reported officer compensation.
EIN: 205970885 · Flossmoor, IL · NTEE: B12 · Updated: 2026-03-28
Is Bansan Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bansan Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bansan Foundation
Bansan Foundation (EIN: 205970885) is a nonprofit organization based in Flossmoor, IL, classified under NTEE code B12. The organization reported total revenue of $806K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bansan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bansan Foundation is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $801K |
| Total Expenses | $677K |
| Surplus / Deficit | +$125K |
| Total Assets | $1.2M |
| Total Liabilities | $455K |
| Net Assets | $785K |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 36.7% |
| Months of Reserves | 22.0 months |
Financial Health Grade: A
In 2023, Bansan Foundation reported a surplus of $125K with revenue exceeding expenses, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 36.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Bansan Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +21.9% | +21.6% |
| 2022 | +40.8% | +18.4% | +2.4% |
| 2021 | +11.3% | -8.4% | +2.1% |
| 2020 | -14.4% | -10.1% | +17.9% |
| 2019 | +8.6% | +46.9% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bansan Foundation with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bansan Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership may be voluntary or compensated through non-officer roles, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Bansan Foundation:
- Consistent revenue growth, increasing from $191,476 in 201407 to $801,198 in 202307.
- Steady asset growth, reaching $1,239,978 in 202307 from $666,778 in 201407.
- Consistent operational surpluses in recent years (e.g., $801,198 revenue vs. $676,556 expenses in 202307).
- 0% reported officer compensation across all filings, indicating strong financial stewardship and transparency.
- Manageable liabilities relative to assets, with a liability-to-asset ratio of approximately 36.7% in 202307.
Frequently Asked Questions about Bansan Foundation
Is Bansan Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bansan Foundation (EIN: 205970885) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Bansan Foundation spend its money?
Bansan Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bansan Foundation tax-deductible?
Bansan Foundation is registered as a tax-exempt nonprofit (EIN: 205970885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bansan Foundation a good charity?
Based on its financial stability, consistent growth in assets and revenue, and the absence of reported officer compensation, Bansan Foundation appears to be a well-managed and financially sound organization. Its ability to generate surpluses and grow its asset base suggests effective stewardship of funds.
How has Bansan Foundation's financial health changed over time?
Bansan Foundation has shown significant financial growth. Revenue increased from $191,476 in 201407 to $801,198 in 202307, and assets grew from $666,778 to $1,239,978 over the same period, indicating strong and consistent financial improvement.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a commitment to minimizing overhead in this area, potentially through voluntary leadership or alternative compensation structures.
Filing History
IRS 990 filing history for Bansan Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Bansan Foundation's revenue has grown by 361.1%, moving from $174K to $801K. Total assets increased by 69.8% over the same period, from $730K to $1.2M. Total functional expenses rose by 2287.5%, from $28K to $677K. In its most recent filing year (2023), Bansan Foundation reported a surplus of $125K, with revenue exceeding expenses. The organization holds $455K in liabilities against $1.2M in assets (debt-to-asset ratio: 36.7%), resulting in net assets of $785K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $801K | $677K | $1.2M | $455K | — | — |
| 2022 | $763K | $555K | $1.0M | $360K | — | View 990 |
| 2021 | $542K | $469K | $996K | $543K | — | View 990 |
| 2020 | $487K | $512K | $975K | $596K | — | View 990 |
| 2019 | $568K | $569K | $827K | $422K | — | View 990 |
| 2018 | $523K | $387K | $852K | $446K | — | View 990 |
| 2017 | $476K | $385K | $747K | $477K | — | View 990 |
| 2016 | $385K | $363K | $671K | $492K | — | View 990 |
| 2015 | $403K | $377K | $684K | $527K | — | View 990 |
| 2014 | $191K | $270K | $667K | $535K | — | View 990 |
| 2013 | $174K | $28K | $730K | $520K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $801K, expenses of $677K, and assets of $1.2M (revenue +5.0% year-over-year).
- 2022: Revenue of $763K, expenses of $555K, and assets of $1.0M (revenue +40.8% year-over-year).
- 2021: Revenue of $542K, expenses of $469K, and assets of $996K (revenue +11.3% year-over-year).
- 2020: Revenue of $487K, expenses of $512K, and assets of $975K (revenue -14.4% year-over-year).
- 2019: Revenue of $568K, expenses of $569K, and assets of $827K (revenue +8.6% year-over-year).
- 2018: Revenue of $523K, expenses of $387K, and assets of $852K (revenue +9.9% year-over-year).
- 2017: Revenue of $476K, expenses of $385K, and assets of $747K (revenue +23.5% year-over-year).
- 2016: Revenue of $385K, expenses of $363K, and assets of $671K (revenue -4.4% year-over-year).
- 2015: Revenue of $403K, expenses of $377K, and assets of $684K (revenue +110.5% year-over-year).
- 2014: Revenue of $191K, expenses of $270K, and assets of $667K (revenue +10.2% year-over-year).
- 2013: Revenue of $174K, expenses of $28K, and assets of $730K.
Data Sources and Methodology
This transparency report for Bansan Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.