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Form 990 for the fiscal year ending August 2021 (IRS tax year 2020).
Connects organizations involved in international transaction banking. For fiscal year 2021 it reported $3.2M in revenue, $3.4M in expenses, and $-373K in net assets.Pt I
- Founded
- 2002
- Type
- Business league / trade association · Community Development
- Location
- Washington, DC
- Website
- www.baft.org
- Filings
- 5 on file (2020–2021)
This section is blank until Baft INC claims this page.
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What Funders Ask
Will my donation be tax-deductible?
WARNINGNo — not deductible
IRS records this as a A business league, chamber of commerce, or trade association. Contributions are generally not tax-deductible.; contributions are not deductible as charitable gifts. See detail →
Can I donate to this org right now?
GOODNo revocation on IRS record
This EIN does not appear on the IRS auto-revocation list. See detail →
Is this organization up to date?
GOODFiled FY2024 (typical filing lag)
Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →
Is it receiving grants from reputable foundations?
NEUTRALNo foundation grants on file
No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →
How is the money spent?
NEUTRALNot on file
Program vs. overhead split is not on file for this EIN's most recent filing. See detail →
What's its financial size and trend?
NEUTRAL$1–10M · ↑ +0.9% vs prior year
Revenue band $1–10M, +0.9% versus the prior filing year (up). See detail →
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Conferences/Workshops
To provide research and educational activities so that members may stay current on international banking practices. Approximately 3,500 professionals participated in this year. Five regional councils and over a dozen committees meet several times a year for members to share best practices and regional developments in international…
The following items are included with membership to enhance current knowledge and information sharing:- 2 monthly member updates- annual membership directory-periodic webinars on topics of interest- access to best practice documents, standard trade agreements, policy documents and comment letters, and recorded webinars.
Annual Convention
Unites baft members, senior government officials, and representatives of international financial institutions to exchange ideas and learn about new developments in the global economy. The 2021 annual convention was cancelled due to the COVID-19 pandemic.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | 0.9% | — | — |
| Legal fee ratio | 0.01% | — | — |
| Accounting fee ratio | 0.2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
Names, privacy, and removal requests More
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