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Banner Foundation EIN 85-0446587

Banner Foundation

EIN  85-0446587 Private foundation / grantmaker Los Ranchos, NM
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Size
<$100K
What they do
A private foundation based in Los Ranchos, NM. It reported about $39K in revenue for 2024.
Leadership
Cyrene Inman · President
Money in and out
$39K revenue, $53K expenses
Bottom line
—

A private foundation based in Los Ranchos, NM. It reported about $39K in revenue for 2024. For fiscal year 2024 it reported $39K in revenue, $53K in expenses, and $649K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$39K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$649K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$13K
Total assets
649K
deployed as grants and operations
Grants paid
35K
in FY2024
Grants made
15grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 15 grants · $35K · 2024–2024
All FaithsFY2024$7,000
The Garden's EdgeFY2024$5,000
Surfrider FoundationFY2024$5,000
Great Plains Restoration CouncilFY2024$5,000
World Wildlife FundFY2024$2,000
The Nature ConservancyFY2024$2,000
Planned Parenthood of the Rocky MountainsFY2024$2,000
PBS NmFY2024$1,500
Habitat for HumanityFY2024$1,500
Animal Humane New MexicoFY2024$1,500
The Cathedral Church of St JohnFY2024$500
Southern Poverty Law CenterFY2024$500
Girls on the RunFY2024$500
Explora MuseumFY2024$500
ASPCAFY2024$500

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$2K
Largest grantPart XV$7K

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$39K
FY2024▼ -1%
Expenses
$53K
FY2024▲ +33%
Total assets
$649K
FY2024▼ -2%
Total liabilities
$0
FY2024
Total revenue
$39K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$649K
Pt X · Ln 32
Total assetsPt II$649K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBanner Foundation
EINHdr · item D85-0446587
Principal addressHdr · item CLos Ranchos, NM
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20Z)
Ruling yearIRS BMFJun 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Cyrene Inman
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Banner Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$39K
Total revenueLn 12$39K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.66 Operating & administrative $0.34
Grants & contributions paid66%$35K
Operating & administrative34%$18K
Total functional expensesLn 25$53K

Balance Sheet

Part X · end of year
CashLn 1$82K
Total assetsLn 16$649K
Total liabilitiesLn 26$0
Total net assetsLn 32$649K
Months of cash on handcomputed18.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $649K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $39K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $39K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $39K · Prior year $40K
-1%
Revenue CAGR
FY2019 $55K · FY2024 $39K
-7%
Net-asset trend (YoY)
End of year $649K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $39K · Expenses $53K
-33%
Liabilities-to-Assets
Total liabilities — · Total assets $649K
—
Net-asset ratio
Net assets $649K · Total assets $649K
100%
People & payroll
Highest Reported Total Compensation
Individual Cyrene Inman · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $53K
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -1%——

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

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$40K revenue · ⤓ 990 PDF
FY2023$20K revenue · ⤓ 990 PDF
FY2022$34K revenue · ⤓ 990 PDF
FY2021$18K revenue · ⤓ 990 PDF
FY2020$55K 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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