Binaytara Foundation
- Assets
- $3.5m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Bellevue, WA
- Founding
- 01/2010
- Data as of
- 10/2023
- EIN
- 26-1603676
Organization Overview
Binaytara Foundation is located in Bellevue, WA. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 10/2023, Binaytara Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Binaytara Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Binaytara Foundation generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 61.7% each year . All expenses for the organization totaled $2.7m during the year ending 10/2023. While expenses have increased by 48.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HEALTHCARE IN RESOURCE-POOR COMMUNITIES AND IMPROVE CANCER CARE WORLDWIDE BY EDUCATING HEALTHCARE PROVIDERS AND COMMUNITY MEMEBERS, ADVOCATING FOR BETTER ACCESS TO CARE, AND INNOVATING PROGRAM MODELS AND SERVICES THAT PROMOTE EQUITABLE ACCESS TO HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONCOLOGY CONTINUING EDUCATION CME: THE BINAYTARA FOUNDATION ORGANIZED FORTY-ONE LIVE IN-PERSON AS WELL AS VIRTUAL AND ENDURING ACCREDITED CONTINUING EDUCATION TO CANCER CARE PROFESSIONALS ACROSS THE UNITED STATES.
ONCOLOGY CONTINUING EDUCATION (CME): ORGANIZED 41 LIVE, IN-PERSON AS WELL AS VIRTUAL AND ENDURING ACCREDITED CONTINUING EDUCATION TO CANCER CARE PROFESSIONALS ACROSS THE UNITED STATES.
GLOBAL ONCOLOGY PROGRAM: THE BINAYTARA FOUNDATION SUPPORTS VARIOUS GLOBAL ONCOLOGY PROGRAMS. SINCE 2018 THE FOUNDATION HAS SUPPORTED THE ESTABLISHMENT AND OPERATION OF A 25-BED CANCER HOSPITAL IN JANAKPUR NEPAL WHERE OVER 6 MILLION PEOPLE DID NOT HAVE ACCESS TO CANCER CARE. THE FOUNDATION IS WORKING WITH THE LOCAL PARTNER TO EXPAND THE CAPACITY TO A 200-BED STATE OF THE ART CANCER HOSPITAL.
GLOBAL ONCOLOGY PROGRAM: SUPPORTS VARIOUS GLOBAL ONCOLOGY PROGRAMS. SINCE 2018, THE FOUNDATION HAS SUPPORTED THE ESTABLISHMENT AND OPERATION OF A 25 BED CANCER HOSPITAL IN JANAKPUR NEPAL, WHERE OVER 6 MILLION PEOPLE DID NOT HAVE ACCESS TO CANCER CARE. THE FOUNDATION IS WORKING WITH THE LOCAL PARTNER TO EXPAND THE CAPACITY TO A 200 BED STATE OF THE ART CANCER HOSPITAL.
OTHER PROGRAMS: THE BINAYTARA FOUNDATION'S OTHER PROGRAMS INCLUDE A PEER-REVIEWED ONCOLOGY JOURNAL - THE INTERNATIONAL JOURNAL OF CANCER CARE AND DELIVERY IJCCD AND ALSO HOSTS MULTIPLE INTERNSHIP PROGRAMS TO PROVIDE LEARNING OPPORTUNITIES FOR COLLEGE GRADUATES WHO ARE INTERESTED IN A CAREER IN HEALTHCARE PROVIDER EDUCATION PUBLIC HEALTH OR A HEALTH DISPARITIES RELATED FIELDS.
OTHER PROGRAMS INCLUDE A PEER-REVIEWED ONCOLOGY JOURNAL, THE INTERNATIONAL JOURNAL OF CANCER CARE AND DELIVERY (IJCCD). HOSTS MULTIPLE INTERNSHIP PROGRAMS TO PROVIDE LEARNING OPPORTUNITIES FOR COLLEGE GRADUATES WHO ARE INTERESTED IN A CAREER IN HEALTHCARE PROVIDER EDUCATION, PUBLIC HEALTH, OR A HEALTH DISPARITIES RELATED FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Siddhartha Yadav Board Member | Trustee | 1 | $2,000 |
David Aboulafia Board Member | Trustee | 1 | $0 |
Andrea Veatch Board Member | Trustee | 1 | $0 |
Mark Pegram Board Member | Trustee | 1 | $0 |
Timothy Erikson Board Member | Trustee | 1 | $0 |
Aparna Parikh Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $77,515 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $547,906 |
| Noncash contributions included in lines 1a–1f | $20,579 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $547,906 |
| Total Program Service Revenue | $4,081,025 |
| Investment income | $7,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,636,360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $260,938 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,394 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,358 |
| Payroll taxes | $23,300 |
| Fees for services: Management | $275,611 |
| Fees for services: Legal | $1,751 |
| Fees for services: Accounting | $14,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,417 |
| Advertising and promotion | $14,718 |
| Office expenses | $97,143 |
| Information technology | $101,092 |
| Royalties | $0 |
| Occupancy | $52,102 |
| Travel | $4,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,370,311 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,463 |
| All other expenses | $0 |
| Total functional expenses | $2,684,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,038,910 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,830 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,657 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $388,253 |
| Total assets | $3,516,650 |
| Accounts payable and accrued expenses | $91,282 |
| Grants payable | $0 |
| Deferred revenue | $80,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $390,921 |
| Total liabilities | $562,703 |
| Net assets without donor restrictions | $2,953,947 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,516,650 |