Spaandanb EIN 77-0479128 Form 990 (PDF) Claim this org

Spaandanb

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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Empowers disadvantaged Bangladeshis to become self-reliant through socio-economic change. For fiscal year 2024 it reported $612K in revenue, $782K in expenses, and $515K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Santa Clara, CA
Website
www.greatnonprofits.org/org/spaandanb
Filings
5 on file (2020–2024)
Revenue
$612KFY2024
Expenses
$782K
Net assets
$515K
People
25
Filings
5
Updates
0
More identity details & actions ⌄
EIN  77-0479128 Public charity (501(c)(3)) Santa Clara, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers disadvantaged Bangladeshis to become self-reliant through socio-economic change.
Leadership
Marufa Kaniz · President
Money in and out
$612K revenue, $782K expenses
Bottom line
96% program efficiency
Where the money goes · FY2024
Total revenue
$612K
Pt VIII · Ln 12
Total expenses
$782K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$171K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.01 Fundraising $0.03
Program efficiency
96%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate▼ -53% vs prior filing year
Surplus margin
-28%
revenue over expenses, this year▼ -319% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$612K
FY2024▲ +10%
Expenses
$782K
FY2024▲ +61%
Total assets
$515K
FY2024▼ -25%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19−$171K
Total assetsPt X · Ln 16$515K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 325
Independent voting membersPt I · Ln 425

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSpaandanb
EINHdr · item D77-0479128
Principal addressHdr · item CSanta Clara, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJun 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a25
Independent voting membersPt VI · Ln 1b25
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $749K of program spending, described in the organization's own filed words · FY2024.
01

Imdad-sitara khan scholarship dhaka, bangladesh this program provides educational stipends to meritorious but financially disadvantaged students of higher secondary and graduate level who are studying science, medicine or engineering. Amounts: $189,797.

$749Kprogram expense
02

Sabrina memorial foundation (SMF) located at jabusha, khulna, bangladesh this project help build schools, a vocational training center, a storm shelter, and a health center in jabusha, bangladesh. This project is implemented by spaandanb bangladesh office which is a registered ngo and a non-profit organization. Amounts: $100,000.

Pt IX · col B
03

Spaandanb school, located at slums of dhaka a program to provide basic education and day-care service to children living in urban slums. This project is implemented by spaandanb bangladesh office which is a registered ngo and a non-profit organization. Amounts: $180,827.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$607K · 99%
Investment income$5K · 1%
Contributions & grants99%$607K
Investment income1%$5K
Total revenueLn 12$612K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.01 Fundraising $0.03
Program services96%$749K
Management & general1%$7K
Fundraising3%$27K
Total functional expensesLn 25$782K

Balance Sheet

Part X · end of year
CashLn 1$515K
Total assetsLn 16$515K
Total liabilitiesLn 26$0
Total net assetsLn 32$515K
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $515K · Operating expenses/yr $782K
7.9 months
Where the money goes
Program services
Program services $749K · Total expenses $782K
96%
Management & General
Management & general $7K · Total expenses $782K
0.8%
Fundraising
Fundraising $27K · Total expenses $782K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $671K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $607K · Total revenue $612K
99%
Government reliance
Government grants — · Total revenue $612K
Earned-income share
Program service revenue $0 · Total revenue $612K
0%
Investment reliance
Investment income $5K · Total revenue $612K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $782K
0%
Growth & trend
Revenue growth (YoY)
This year $612K · Prior year $557K
+10%
Revenue CAGR
FY2020 $809K · FY2024 $612K
-7%
Net-asset trend (YoY)
End of year $515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $612K · Expenses $782K
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $515K
Net-asset ratio
Net assets $515K · Total assets $515K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $515K
0%
People & payroll
Highest Reported Total Compensation
Individual Marufa Kaniz · Reported title President · Highest reported compensation $0 · Total expenses $782K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $782K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 0.8%
Fundraising cost ratio 4%
Revenue growth 10%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.1%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$612K revenue · viewing · ⤓ 990 PDF
FY2023$557K revenue · ⤓ 990 PDF
FY2022$848K revenue · ⤓ 990 PDF
FY2021$639K revenue · ⤓ 990 PDF
FY2020$809K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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