Skip to content
Nonprofiteer
← Banyan Investment Corporation

Form 990 for tax year 2023

Filed by Banyan Investment Corporation.

Totals

Total revenue
$579
Total expenses
$1,039,728
Contributions and grants received
$0
Grants paid
$1,039,361
Program service revenue
$0
Investment income
$579
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$1,039,361
Management and general expenses
$367
Fundraising expenses
$0
Program service expenses (Part III)
$1,039,361

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $579 · excluded $579

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,039,361 · program services $1,039,361

  • 13 · Office expenses

    total $367 · management and general $367

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $792,213 · end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $243,856 · end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,036,069 · end of year $0

Mission and programs · 2023

Mission

Banyan Investment Corporation exists for the purpose of supporting Banyan Foundation, DBA Banyan Community, to meet its mission.

  • The Organization is organized and will operate exclusively for charitable and educational purposes, and for the benefit of, to support the functions of, and to assist in carrying out the purposes of Banyan Community.

    Expenses $1,039,361 · Grants $1,039,361

As filed on the 2023 return.

Listed in Part VII

  • Greg Good

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Kyle Didier

    Treasurer/Secretary

    Total calculated
    $0
    Hours/week
    1

  • Carl Schlueter

    President

    Total calculated
    $0
    Hours/week
    1 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Banyan Foundation

    $795,504

    Contributed to The Banyan Foundation due to dissolution of organization

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2023
Filed
12 February 2024
IRS schema version
2023v4.0
Source object
202420449349301887

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.