philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Buffalo Initiative INC

Tax-deductible

Mc Lean, VA501(c)(3)Medical Research EIN 99-1910260Revenue $500K in FY2024Latest return filed May 13, 2025

On file with the IRSbuffaloinitiative.orgMc Lean, VATax-exempt since Aug 2024Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

To accelerate treatments for genetic diseases by enabling a collaborative, community-led research ecosystem that is efficient, and focused on impact.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 99-1910260) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
667.3 mo
of spending, in cash
667.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
0.5% of total assets
Liabilities are 0.5% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$500K
Spent
$9K
To programs
92%
Net assets
$491K

From the FY2024 Form 990 · see the original

Visit site Support Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $8K Management & general 6% · $559 Fundraising 1% · $129

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Bina Shah
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Nasha Fitter
Treasurer
$0Pt VII · Sec A
See Buffalo Initiative INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Speeds up genetic disease treatments through community-driven research.

Questions for Buffalo Initiative INC

Tap to ask. Buffalo Initiative INC sees how many people are interested.

Your first name shows with your question. Buffalo Initiative INC answers here, for everyone.

1 program · $8K · in their own filed words · FY2024
01

In its inaugural year, the organization established foundational infrastructure, including governance, operational systems, and strategic planning frameworks. We secured our first grant, enabling the development of a comprehensive programmatic strategy focused on advancing our mission.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 99-1910260) · Dispute this line
$8Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$500K
Ln 12
Gifts and grantsLn 1h$500K
Investment incomeLn 3$322
Money outPt IX
$9K
Ln 25
Programscol B$8K
Managementcol C$559
Fundraisingcol D$129
Owns and owesPt X
$491K
net assets · Ln 32
Cash and savingsLn 1–2$494K
Total assetsLn 16$494K
LiabilitiesLn 26$2K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$500K
Investment incomeLn 3$322
Total revenueLn 12$500K
Assets in detailPt X, end of year
CashLn 1$94K
SavingsLn 2$400K
Cash and savings togetherLn 1–2$494K
Total assetsLn 16$494K
LiabilitiesLn 26$2K
Net assetsLn 32$491K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$494K
Total assetsLn 16$0$494K
LiabilitiesLn 26$0$2K
Net assetsLn 32$0$491K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$250$250
Other fees for servicesLn 11g$8K$8K
Office expensesLn 13$298$169$129
Information technologyLn 14$160$20$140
TravelLn 17$8$8
Total functional expensesLn 25$9K$8K$559$129

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS May 13, 2025 $500K$9K$491K$491K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $500,380 revenue, 12 lines filed
I-8 Contributions and grants$500,058
I-9 Program service revenue$0
I-10 Investment income$322
I-11 Other revenue$0
I-12 Total revenue$500,380
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$8,883
I-18 Total expenses$8,883
I-19 Revenue less expenses$491,497
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $500,380 across 5 lines filed
VIII-1f All other contributions, gifts and grants$500,058
VIII-1h Total contributions, gifts and grants$500,058
VIII-3 Investment incomeExcluded from tax $322$322
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $322$500,380
Part IX · Statement of functional expenses $8,883 across 5 lines filed
IX-11c Accounting feesManagement $250$250
IX-11g Other fees for servicesPrograms $8,167$8,167
IX-13 Office expensesManagement $169 · Fundraising $129$298
IX-14 Information technologyPrograms $20 · Management $140$160
IX-17 TravelPrograms $8$8
IX-25 Total functional expensesPrograms $8,195 · Management $559 · Fundraising $129$8,883
Part X · Balance sheet $493,964 assets, 8 lines filed
X-1 Cash, non-interest-bearing$93,642
X-2 Savings and temporary cash investments$400,322
X-16 Total assetsStart of year $0$493,964
X-17 Accounts payable and accrued expenses$2,467
X-26 Total liabilitiesStart of year $0$2,467
X-27 Net assets without donor restrictions$491,497
X-32 Total net assets or fund balancesStart of year $0$491,497
X-33 Total liabilities and net assetsStart of year $0$493,964
Part XI · Reconciliation of net assets $491,497 net assets at year end
XI-1 Total revenue$500,380
XI-2 Total expenses$8,883
XI-3 Revenue less expenses$491,497
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$491,497

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.