BINA STROKE AND BRAIN INJURY ASSISTANCE INC

EIN: 562395556 501(c)(3) Diseases & Disorders

BROOKLYN, NY

Total Revenue
$1,380,201
Total Expenses
$1,322,258
Total Assets
$485,309
Net Assets
$292,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
CHAVA GLUSTEIN
Phone
7186456400
Tax Period
2023-01-01 to 2023-12-31

BINA STROKE AND BRAIN INJURY ASSISTANCE INC, founded in 2003, is a community nonprofit in the Diseases & Disorders sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 4% surplus.

Mission

THE ORGANIZATION PROVIDES CONSULTING & COUNSELING SUPPORT FOR MEDICAL THERAPY TREATMENT OPTIONS AND SUPPORT SERVICES TO BRAIN INJURY PATIENTS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $1,089,213

REHABILITATION REFERRALS & CARE NAVIGATIONBINA HAS THOROUGHLY RESEARCHED AND VISITED DOZENS OF REHABILITATION FACILITIES AND THERAPY CENTERS AND WORKS CLOSELY WITH THE FAMILY TO FORMULATE THE OPTIMAL...

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REHABILITATION REFERRALS & CARE NAVIGATIONBINA HAS THOROUGHLY RESEARCHED AND VISITED DOZENS OF REHABILITATION FACILITIES AND THERAPY CENTERS AND WORKS CLOSELY WITH THE FAMILY TO FORMULATE THE OPTIMAL REHABILITATION PLAN. OUR STAFF IS ALWAYS AVAILABLE TO FOLLOW UP AND ADVOCATE, ENSURING THAT EVERY POSSIBLE NEED IS MET.CRISIS INTERVENTION & CAREGIVER SUPPORTTHE PROGRAM PROVIDES COUNSELING, SUPPORT AND EDUCATION TO FAMILIES WHO ARE REELING UNDER THE PRESSURES AND CHALLENGES OF THEIR SUDDEN ENTRY INTO THE DEVASTATING WORLD OF BRAIN INJURY. SERVICES COMMENCE DURING THE HOSPITAL AND REHABILITATION STAYS AND CONTINUE AFTER HOMECOMING. SUPPORT GROUPS ARE OFFERED FOR CAREGIVERS AND SURVIVORS AND MENTAL HEALTH REFERRALS ARE PROVIDED AS NEEDED.CASE MANAGEMENTCASE MANAGEMENT WORKS TO RESOLVE INSURANCE ISSUES AND IDENTIFY PROGRAMS, LEGAL OPTIONS, AND FUNDING SOURCES. COORDINATION OF THE OFTEN COMPLICATED HOMECOMING PROCESS ENSURES THAT CAREGIVERS ARE NOT LEFT TO FEND FOR THEMSELVES. ALL EDUCATIONAL AND RESIDENTIAL OPTIONS ARE EXPLORED TO AFFORD EVERY INDIVIDUAL THE BEST POSSIBLE QUALITY OF LIFE.MEDICAL ADVOCACYOUR MEDICAL ADVOCATE WORKS WITH FAMILIES TO IDENTIFY THE OPTIMAL CLINICAL SETTING FOR A VARIETY OF COMPLEX MEDICAL NEEDS INCLUDING VENTILATOR CARE AND WEANING, DIALYSIS, INFECTION CONTROL, AND WOUND CARE. FACILITIES AND PROVIDERS ARE RESEARCHED AND VISITED TO ASCERTAIN SPECIFIC AREAS OF EXPERTISE.COMMUNITY OUTREACHTHE BINA COMMUNITY OUTREACH PROGRAM PROVIDES THE COMMUNITY WITH INFORMATION REGARDING BINA AND OUR SERVICES. THIS PROGRAM ALSO PROVIDES BRAIN INJURY EDUCATION TO OUR CLIENTS AS WELL AS TO THE COMMUNITY AT LARGE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,798,623
Program Service Revenue $0
Investment Income $0
Other Revenue $-418,422
TOTAL REVENUE $1,380,201

Expense Breakdown

Grants Paid $0
Salaries & Benefits $716,101
Fundraising Expenses $150,293
Program Expenses $1,089,213
Other Expenses $606,157
TOTAL EXPENSES $1,322,258

Year-over-Year Comparison

2023 2022 Change
Revenue $1,380,201 $810,437 +0.7%
Expenses $1,322,258 $912,346 +0.4%
Net Income $57,943 $-101,909 -1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
8
Volunteers
11

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
2
$166,000
Total Directors
4
$166,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAVA GLUSTEIN Director 55.00
Officer Director
$166,000 $0 $166,000
RICHARD BOBO Trustee 0.50
Director
$0 $0 $0
AVI SCHRON Trustee 0.50
Director
$0 $0 $0
MARK HOROWITZ Chairman 0.50
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 No data No data No data No data
2023 $1,380,201 $1,322,258 $485,309 $57,943
2023 $1,245,269 $1,187,326 $485,309 $57,943
2022 $810,437 $912,346 $314,729 $-101,909
2021 $1,194,785 $963,313 $421,123 $231,472
2020 $1,112,000 $706,000 $180,400 $406,000
2019 $995,100 $856,300 $385,950 $138,800
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