Skip to content

New York · Nonprofit

CBIT EDUCATION INC

CBIT EDUCATION INC (New York) receives grants from 1 organization whose IRS filings report $15,000 to it, the largest being COMMITTEE OF BANKING INSTITUTIONS ON TAXATION ($15,000). 0 of them have funded it in more than one year.

Revenue FY2025
$32k
Funders on record
1
Grants received
$15k
Net assets
$7k
0/1 repeat funderspeak grant-dependency 28%
01What it does

What Cbit Education Inc does

Mission

Tax education of its members

As stated on its FY2025 Form 990-EZ.

Programs

  1. Co-presentation with commttee of banking institutions on taxation in various tax, legal and judicial updates at monthly virtual meetings.

  2. Co-presentation with commttee of banking institutions on taxation in various tax, legal and judicial updates at: spring tax day (may 16, 2024)hosted in new york city.

    $15,329 spent
    48% of program spending
  3. Co-presentation with commttee of banking institutions on taxation in various tax, legal and judicial updates at: fall tax day (november 22, 2024)hosted in new york city.

    $16,453 spent
    52% of program spending

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $31,782.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($54k) Expenses 100 ($43k) Net assets 100 ($16k)2021 Revenue 2 ($965) Expenses 7 ($3k) Net assets 88 ($14k)2022 Revenue 3 ($2k) Expenses 15 ($7k) Net assets 56 ($9k)2023 Expenses 4 ($2k) Net assets 45 ($7k)2025 Revenue 59 ($32k) Expenses 74 ($32k) Net assets 43 ($7k)
20202021202220232025
Revenue (59)Expenses (74)Net assets (43)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $14k to $9k (−36%).

$16k
$14k
$9k
$7k
$7k
20202021202220232025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2025
ContributionsProgram revenueInvestmentOther

76% of CBIT EDUCATION INC’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 reported years ran a deficit.

$11k
’20
−$2k
’21
−$5k
’22
−$2k
’23
−$331
’25

Leadership and staff

Board chair

Mark Taccetta

Chairman

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of CBIT EDUCATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of CBIT EDUCATION INC's grant income comes from New York funders.

NY

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CBIT EDUCATION INC's revenue fell 41% between 2020 and 2025.

Operating margin−1% · below the median
Revenue growth (annualized)−10% · below the median

this organization peer median middle 50% of peers· 17,277 education nonprofits under $100k, FY2025

Organizations like CBIT EDUCATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for CBIT EDUCATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CBIT EDUCATION INC?
CBIT EDUCATION INC (New York) receives grants from 1 organization whose IRS filings report $15,000 to it, the largest being COMMITTEE OF BANKING INSTITUTIONS ON TAXATION ($15,000). 0 of them have funded it in more than one year.
How many funders does CBIT EDUCATION INC have?
IRS filings report 1 organization giving $15,000 in grants to CBIT EDUCATION INC.
Who is the largest funder of CBIT EDUCATION INC?
COMMITTEE OF BANKING INSTITUTIONS ON TAXATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like CBIT EDUCATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Cbit Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing