BINAYTARA FOUNDATION (EIN 261603676) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

DR BINAY SHAH

Phone

4256160572

Tax Period

2023-11-01 to 2024-10-31

BINAYTARA FOUNDATION, founded in 2007, is a community nonprofit in the International Affairs sector that reported $7.0M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 36% operating margin.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $419,286

Program Service Revenue $6,547,302

Investment Income $20,049

Other Revenue $0

TOTAL REVENUE $6,986,637

Expense Breakdown

Grants Paid $134,824

Salaries & Benefits $1,232,405

Fundraising Expenses $328,648

Program Expenses $3,809,887

Other Expenses $3,079,576

TOTAL EXPENSES $4,446,805

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,986,637	$4,636,360	+0.5%
Expenses	$4,446,805	$2,684,527	+0.7%
Net Income	$2,539,832	$1,951,833	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

300

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$337,802

Total Directors

$339,802

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR BINAY SHAH	President	60.00	Officer Director	$337,802	$0	$337,802
DR SIDDHARTHA YADAV	BOARD MEMBER	1.00	Director	$2,000	$0	$2,000
DR DAVID ABOULAFIA	BOARD MEMBER	1.00	Director	$0	$0	$0
DR ANDREA VEATCH	BOARD MEMBER	1.00	Director	$0	$0	$0
DR MARK PEGRAM	BOARD MEMBER	1.00	Director	$0	$0	$0
TARA SHAH RN	Executive Dir.	40.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$6,986,637	$4,446,805	$6,070,044	$2,539,832
2023	$4,636,360	$2,684,527	$3,516,650	$1,951,833
2023	$4,645,397	$2,654,357	$3,118,030	$1,991,040
2022	$1,684,753	$1,213,723	$1,003,153	$471,030
2021	$978,980	$532,938	$525,843	$446,042
2020	$339,708	$348,097	$75,801	$-8,389
2019	$368,286	$454,060	$81,158	$-85,774
2018	$259,292	$247,198	$163,784	$12,094

BINAYTARA FOUNDATION