Nonprofit · EIN 86-2978150
BANANA FANA PRESCHOOL INC
Tax-exempt · SAN FRANCISCO, CA 94110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,268,363 | $1,094,894 | $173,469 | $337,608 | $145,708 | $191,900 |
| December 31, 2023 | 990 | $1,022,311 | $1,010,334 | $11,977 | $179,896 | $161,465 | $18,431 |
| December 31, 2022 | 990 | $652,097 | $547,368 | $104,729 | $204,005 | $73,551 | $130,454 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $279,120
- Program service revenue
- $988,135
- Investment income
- $8
- Other revenue
- $1,100
Expenses
- Grants and similar amounts paid
- $457
- Compensation of officers, directors and key employees
- $153,444
- Other salaries and wages
- $625,664
- Salaries, compensation and benefits (total)
- $907,217
- Professional fundraising fees
- $0
- Legal fees
- $18,300
- Occupancy
- $103,157
- Travel
- $3,760
- Program services (functional)
- $1,060,899
- Management and general (functional)
- $33,995
Balance sheet and other
- Total assets, start of year
- $179,896
- Total assets, end of year
- $337,608
- Total liabilities, end of year
- $145,708
- Net assets, end of year
- $191,900
- Land, buildings and equipment
- $223,882
- Net assets without donor restrictions
- $191,900
- Gross receipts
- $1,268,363
- Employees
- 20
- Volunteers
- 4
- Year formed
- 2021
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLORIA MORALES-NOVA | CEO/PRESIDEN Trustee or director, Officer | 7 | $153,444 |
| ALICIA REYES URBINA | SECRETARY Trustee or director, Officer | 1 | $0 |
| FRANK LIM | TREASURER Trustee or director, Officer | 1 | $0 |
| DICKMAR NOVA | BOARD MEMBER Trustee or director | 1 | $0 |
| EVELYN NICHOLS | BOARD MEMBER Trustee or director | 1 | $0 |
| RAMA KASED | BOARD MEMBER Trustee or director | 1 | $0 |
| PRISCILLA SILVA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGY ABUANZA | EXEC. OPERAT Officer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLORIA MORALES-NOVA | CEO/PRESIDEN Trustee or director, Officer | 40 | $152,652 |
| ALICIA REYES URBINA | SECRETARY Trustee or director, Officer | 1 | $0 |
| FRANK LIM | TREASURER Trustee or director, Officer | 1 | $0 |
| DICKMAR NOVA | BOARD MEMBER Trustee or director | 1 | $0 |
| EVELYN NICHOLS | BOARD MEMBER Trustee or director | 1 | $0 |
| RAMA KASED | BOARD MEMBER Trustee or director | 1 | $0 |
| PRISCILLA SILVA | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLORIA MORALES-NOVA | CEO/PRESIDEN Trustee or director, Officer | 40 | $78,707 |
| ALICIA REYES URBINA | SECRETARY Trustee or director, Officer | 1 | $41,026 |
| FRANK LIM | TREASURER Trustee or director, Officer | 2 | $0 |
| DICKMAR NOVA | BOARD MEMBER Trustee or director | 1 | $0 |
| EVELYN NICHOLS | BOARD MEMBER Trustee or director | 1 | $0 |
| RAMA KASED | BOARD MEMBER Trustee or director | 1 | $0 |
| PRISCILLA SILVA | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2701 FOLSOM ST, SAN FRANCISCO, CA 94110-3310
- Principal officer (990 for 2024)
- GLORIA MORALES-NOVA, 2701 FOLSOM ST, SAN FRANCISCO, CA 941103310
- Signed the 990
- ANGY ABUANZA, EXEC. OPERATIONS OFF
- Phone
- (415) 654-5114
- Website
- WWW.BANANAFANAPRESCHOOL.ORG
- Return prepared by
- FOUNDATION GROUP INC
California records
California keeps its own records of charities and corporations. Search them by EIN 86-2978150 or by the name BANANA FANA PRESCHOOL INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
BANANA FANA PRESCHOOL PROVIDES SAFE, HIGH-QUALITY, RELATIONSHIP-BASED SPANISHENGLISH BILINGUAL AND BICULTURAL EARLY CHILDHOOD EDUCATION, FOSTERING SOCIAL-EMOTIONAL GROWTH, TRUST, AND A SUPPORTIVE, EQUITABLE COMMUNITY FOR FAMILIES IN THE GREATER SAN FRANCISCO AREA.
Program accomplishments
- BANANA FANA PRESCHOOL (BFP) IS A MISSION-DRIVEN EARLY CHILDHOOD EDUCATION PROGRAM SERVING FAMILIES ACROSS THE GREATER SAN FRANCISCO AREA, WITH A STRONG FOCUS ON SUPPORTING HISTORICALLY UNDERSERVED COMMUNITIES IN THE MISSION DISTRICT. WHILE OUR CHILDCARE CENTER OPERATES AS A TUITION-BASED PROGRAM TO SUSTAIN DAILY OPERATIONS, WE ARE ALSO A TAX-EXEMPT NONPROFIT ORGANIZATION. THIS HYBRID MODEL ALLOWS US TO BALANCE SUSTAINABILITY WITH IMPACT, USING GRANTS, DONATIONS, AND COMMUNITY PARTNERSHIPS TO REDUCE FINANCIAL BARRIERS AND EXPAND ACCESS TO HIGH-QUALITY CARE FOR FAMILIES WHO MIGHT OTHERWISE BE UNABLE TO AFFORD IT.Expenses $1,060,899 · grants $457 · revenue $988,135
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-2978150
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B21)
- Assets (IRS master file)
- $337,608
- Income (IRS master file)
- $1,268,363
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,268,363 | $1,094,894 | $337,608 | XML |
| 990 | December 2023 | $1,022,311 | $1,010,334 | $179,896 | XML |
| 990 | December 2022 | $652,097 | $547,368 | $204,005 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2978150).
Questions about BANANA FANA PRESCHOOL INC
- What is the EIN of BANANA FANA PRESCHOOL INC?
- The employer identification number (EIN) of BANANA FANA PRESCHOOL INC is 86-2978150.
- Is BANANA FANA PRESCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to BANANA FANA PRESCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANANA FANA PRESCHOOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BANANA FANA PRESCHOOL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BANANA FANA PRESCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BANANA FANA PRESCHOOL INC?
- The 990 for the year ended December 31, 2024 names GLORIA MORALES-NOVA.
- Who are the officers and directors of BANANA FANA PRESCHOOL INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $153,444 (GLORIA MORALES-NOVA, CEO/PRESIDEN).
- How much revenue does BANANA FANA PRESCHOOL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,268,363, expenses of $1,094,894 and total assets of $337,608 at year end.
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