Civic Intelligence

Bineth Foundation Inc.

990 • Fiscal year 2019 • EIN 83-3310450

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 20, 2020

Organization Profile
1320 41 stBrooklyn, NY 11218

(718) 635-2672

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Liabilities / Revenue

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Net Margin

41st percentile

0.3%

Higher net margin than 41% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets52nd percentile

Assets

$698

No earlier filing loaded for comparison.

Net Assets

$698

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin41st percentile

Revenue

$214,307

No earlier filing loaded for comparison.

Expenses

$213,609

No earlier filing loaded for comparison.

Net Income

$698

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50K-$100KAssets 2019: $698Liabilities 2019: $0Net Assets 2019: $6982019Assets 2020: $7,485Liabilities 2020: $69,500Net Assets 2020: -$62,0152020

Highlighted filing

2019

Assets$698
Liabilities$0
Net Assets$698
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2019: $214,307Expenses 2019: $213,609Net Income 2019: $6982019Revenue 2020: $84,341Expenses 2020: $147,054Net Income 2020: -$62,7132020

Highlighted filing

2019

Revenue$214,307
Expenses$213,609
Net Income$698
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 20, 2020
Return Version
2019v5.1
Gross Receipts
$214,307
Mission and Program Overview

Mission

Established to assist distributing Charity to local private schools and org.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$698-
Total Assets$0$698▲ $698
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$698-
Total Net Assets Fund Balance$0$698▲ $698
Total Liabilities and Net Assets / Fund Balance$0$698▲ $698
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Chananya BinethPresident
Gitty BinethVice President
Aaron IgelOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$214,307
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$214,307
Change in Net Assets
$698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$213,609
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$213,609--$213,609
Total Functional Expenses$213,609$0$0$213,609
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Chananya Bineth is the spouse of Gitty Bineth”

Form 990 governing body review Part VI line 11

“form 990 was reviewed by officers”

Governing documents etc available to public Part VI line 19

“all documents are available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Bineth Foundation Inc
EIN
83-3310450
Address
1320 41 st, Brooklyn, NY 11218

Signing Officer

Name
Chananya Bineth
Title
Officer
Phone
7186352672
Signed
2020-07-20
Discuss with paid preparer
No

Organization Details

Formed
2019
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
1

Preparer

Firm
Shimon Blau Tax Services
Address
1025 42 st, Brooklyn, NY 11219
Preparer
Shimon Blau
Phone
3476836671
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$698
Liabilities
$0
Net assets
$698
Revenue
$214,307
Expenses
$213,609
Net income
$698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.70$0.62$0.84$1.47$0.63
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$2.14$2.14$0.01