Baft Inc
Public records raise at least one point you should look into before giving.
What it says it does
SEE SCHEDULE OBAFT IS THE LEADING GLOBAL INDUSTRY ASSOCIATION FOR INTERNATIONAL TRANSACTION BANKING. IT HELPS BRIDGE SOLUTIONS ACROSS FINANCIAL INSTITUTIONS, SERVICE PROVIDERS AND THE REGULATORY COMMUNITY THAT PROMOTE SOUND FINANCIAL PRACTICES ENABLING INNOVATION, EFFICIENCY, AND COMMERCIAL GROWTH.
- Income
- $5.4 million
- Spending
- $5.0 million
- Employees
- 0
- Volunteers
- 1,243
- Highest pay
- $780,798, cfao
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- CONFERENCES/WORKSHOPS:PROVIDE THOUGHT LEADERSHIP AND EDUCATIONAL SESSIONS TO THOSE INVOLVED IN TRANSACTION BANKING TO KEEP THEM ABREAST OF THE LATEST ISSUES AND CHALLENGES FACING THE INDUSTRY. APPROXIMATELY 10 CONFERENCES AND WORKSHOPS WERE HELD IN-PERSON, VIRTUAL, AND HYBRID FORMATS. IN-PERSON/HYBRID EVENTS WERE OFFERED IN SEVERAL CITIES AND REGIONS ACROSS THE GLOBE, ALLOWING FOR BILATERAL MEETINGS AND NETWORKING AMONG ATTENDEES.
- MEMBERSHIPTHE FOLLOWING ITEMS ARE INCLUDED WITH MEMBERSHIP TO ENHANCE CURRENT KNOWLEDGE AND INFORMATION SHARING: - PARTICIPATE IN COUNCILS AND COMMITTEES WHERE MEMBERS SHARE BEST PRACTICES AND SHARE IDEAS, ADDRESS CHALLENGES, DEVELOP AND PARTICIPATE IN WORKING GROUPS- QUARTERLY NEWSLETTER UPDATES - MEMBERSHIP DIRECTORY- PERIODIC WEBINARS ON TOPICS OF INTEREST- ACCESS TO BEST PRACTICE DOCUMENTS, STANDARD TRADE AGREEMENTS, POLICY DOCUMENTS AND COMMENT LETTERS, AND RECORDED WEBINARS
- EDUCATION AND TRAININGA VARIETY OF ON-DEMAND ONLINE EDUCATION CERTIFICATE PROGRAMS RELATED TO TRADE FINANCE, TRANSACTION BANKING, AND CASH MANAGEMENT AIMED AT A VARIETY OF PROFILES AND LEVELS OF EXPERTISE WITHIN THE BANKING INDUSTRY AND CORPORATES INVOLVED IN TRANSACTION BANKING ARE OFFERED. ADDITIONAL CUSTOM TRAINING SOLUTIONS (VIRTUAL OR IN-PERSON) ARE OFFERED ON TRANSACTION BANKING-RELATED TOPICS PER REQUEST OF BANKS AND OR PROVIDERS IN THE TRANSACTION BANKING SPACE.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.