Binaytara Foundation EIN 26-1603676 Form 990 (PDF) Claim this org

Binaytara Foundation FY2021 filing

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Improves healthcare and cancer care access in poor communities globally through collaborative programs. For fiscal year 2021 it reported $979K in revenue, $533K in expenses, and $511K in net assets.Pt I

Founded
2007
Type
Public charity (501(c)(3)) · International
Location
Bellevue, WA
Website
www.binaytara.org
Filings
5 on file (2020–2021)
Revenue
$979KFY2021
Expenses
$533K
Net assets
$511K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-1603676 Public charity (501(c)(3)) Bellevue, WA Founded 2007
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/17/26 · see original: IRS
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Size
$1–10M
What they do
Improves healthcare and cancer care access in poor communities globally through collaborative programs.
Leadership
Binay Shah MD · President
Money in and out
$979K revenue, $533K expenses
Bottom line
+46% surplus margin
Where the money goes · FY2021
Total revenue
$979K
Pt VIII · Ln 12
Total expenses
$533K
Pt IX · Ln 25
Net assets
$511K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $446K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Surplus margin
+46%
revenue over expenses, this year
Donor-funded
51%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$979K
FY2021▲ +188%
Expenses
$533K
FY2021▲ +53%
Total assets
$526K
FY2021▲ +594%
Total liabilities
$15K
FY2021▲ +53%
Total revenue
$979K
Pt VIII · Ln 12
Total expenses
$533K
Pt IX · Ln 25
Net assets
$511K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$446K
Total assetsPt X · Ln 16$526K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBinaytara Foundation
EINHdr · item D26-1603676
Principal addressHdr · item CBellevue, WA
WebsiteHdr · item Jwww.binaytara.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJan 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
Secretary Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Btf Cancer Research Institute
$0Pt VII · Sec A

Dr Binay Shah’s $425K as President is at the 99th percentile of top reported officer pay among 1169 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2024FY2023
Dr Binay Shah$425,231$337,802
Binay Shah$275,611
Justin Marquart$170,489
Dr Siddhartha Yadav$2,000
Siddhartha Yadav$2,000
Mark Pegram$1,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $326K of program spending, described in the organization's own filed words · FY2019.
01

Binaytara Foundation Cancer Center in Nepal

The Binaytara Foundation Cancer Center (BTFCC), located in Janakpurdham, Nepal, provides cancer prevention, early detection, cancer treatment, and palliative care services at its 25-bed hospital. Janakpurdham is a city in Nepals province 2.

$234Kprogram expense
02

Continuing Education for Healthcare Providers

The Binaytara Foundation organizes some of the largest cancer conferences in the pacific northwest with the goal of improving the care of cancer patients by educating healthcare providers. As COVID-19 pandemic hit and our in-person education activities got cancelled, we continued our educational efforts virtually.

$85Kprogram expense
03

Project ACCESS (Advancing Cancer Care for the Economically and Socially Stressed) is the Organizations patient focused project that includes a broad range of activities such as in-person or virtual cancer patient education (NWCS - The Northwest Cancer Summit), cancer screening & awareness, and cancer patient advocacy and outreach.

$6Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$495K · 51%
Other revenue$484K · 49%
Contributions & grants51%$495K
Other revenue49%$484K
Total revenueLn 12$979K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.03 Fundraising $0.04
Program services93%$497K
Management & general3%$14K
Fundraising4%$22K
Total functional expensesLn 25$533K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$526K
Total liabilitiesLn 26$15K
Total net assetsLn 32$511K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $533K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $533K
Management & General
Management & general — · Total expenses $533K
Fundraising
Fundraising — · Total expenses $533K
Cost to raise $1
Fundraising expense $0 · Solicited contributions $222K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $495K · Total revenue $979K
51%
Government reliance
Government grants — · Total revenue $979K
Earned-income share
Program service revenue — · Total revenue $979K
Investment reliance
Investment income — · Total revenue $979K
Program self-sufficiency
Program service revenue — · Total expenses $533K
Growth & trend
Revenue growth (YoY)
This year $979K · Prior year $340K
+188%
Net-asset trend (YoY)
End of year $511K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $979K · Expenses $533K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $526K
Net-asset ratio
Net assets $511K · Total assets $526K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $526K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $533K
No individual compensation reported on this filing
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $533K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 3%
Fundraising cost ratio 4%
Revenue growth 188%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$7K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$7.0M revenue · ⤓ 990 PDF
FY2023$4.6M revenue · ⤓ 990 PDF
FY2022$1.7M revenue · ⤓ 990 PDF
FY2021$979K revenue · viewing · ⤓ 990 PDF
FY2020$340K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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