2024-05-09T11:57:54-05:00 2023-12-31 843551139 LEE & CROWLEY LLC 423 W BROADWAY SUITE 304 BOSTON MA 02127 990 2023-01-01 800445857 THE BINA FARM INC BINA 7818625020 55 ALLEN STREET LEXINGTON MA 02421 JANICE GILMAN EXECUTIVE DIRECTOR 7818625020 2024-05-09 1 JANICE GILMAN 999009999 0 JAMES KEEFE P01307952 6173568220 2024-05-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JANICE GILMAN 55 ALLEN STREET LEXINGTON MA 02421 1074122 0 X WWW.BINAFARM.ORG X 2009 MA BINA FARM CENTER IS A 501(C)(3) ORGANIZATION WITH AN INCLUSIVE MISSION THAT BRINGS TOGETHER INDIVIDUALS WITH AND WITHOUT PHYSICAL, DEVELOPMENTAL, COGNITIVE, AND MENTAL HEALTH CHALLENGES BY OFFERING A VARIETY OF EQUINE-ASSISTED THERAPEUTIC, CLINICAL, RECREATIONAL, EDUCATIONAL AND COMPLEMENTARY PROGRAMS. BINA PROVIDES AN ENVIRONMENT THAT SUPPORTS INDIVIDUALS TO THRIVE PERSONALLY AND WITHIN THEIR COMMUNITIES. 11 11 39 206 0 0 498295 129443 652350 581146 2523 16188 -27091 171224 1126077 898001 0 0 0 0 566073 608632 0 0 41749 455615 427770 1021688 1036402 104389 -138401 1594861 1405178 675849 614325 919012 790853 COMPREHENSIVE THERAPEUTIC AND RECREATIONAL ENVIRONMENT UTILIZINGEQUINE ASSISTED ACTIVITIES AND THERAPIES, VOCATIONAL TRAINING PROGRAMSAND CREATIVE AND COMPLEMENTARY THERAPIES FOR CHILDREN AND ADULTS WITHPHYSICAL, DEVELOPMENTAL AND EMOTIONAL CHALLENGES. 0 0 840070 581146 THE PRIMARY PURPOSE OF THE BINA FARM IS TO PROVIDE COMPREHENSIVE REHABILITATION SERVICES FOR CHILDREN AND ADULTS WITH PHYSICAL, DEVELOPMENTAL AND EMOTIONAL CHALLENGES. THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH EQUINE ASSISTED ACTIVITIES, EQUINE ASSISTED THERAPIES AND OTHER INCLUSIVE PROGRAMS. 840070 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 39 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JUDY KEEFE 7818625020 55 ALLEN STREET LEXINGTON MA 02421 X BABAK BINA CO-CHAIR AND CO-FOUNDER 1.00 X X 0 0 0 CORYN BINA CO-CHAIR AND CO-FOUNDER 10.00 X X 0 0 0 LYNN PEDERSON CLERK 10.00 X X 0 0 0 LEDA EIZENBERG DIRECTOR 1.00 X 0 0 0 DENISE FAHMIE DIRECTOR 1.00 X 0 0 0 TAMARA JOSEPH DIRECTOR 1.00 X 0 0 0 LAURIE KELLEY DIRECTOR 1.00 X 0 0 0 KHALED KHALIL TREASURER 1.00 X 0 0 0 HARRIS KRUPP DIRECTOR 1.00 X 0 0 0 HANNAH ST LAURENT DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 129443 129443 PROGRAM SERVICE FESS 624100 581146 581146 581146 21733 21733 11000 16545 -5545 -5545 -5545 330800 159576 171224 171224 898001 575601 0 192957 553784 401556 119148 33080 54848 39121 12703 3024 876 876 17750 17750 1376 372 823 181 6307 4415 1261 631 10541 6844 3066 631 76990 76990 804 235 569 478 478 53332 50363 2969 53611 52419 1192 HORSE RELATED EXPENSES 139308 139308 BARN RELATED COSTS 46240 46240 PROGRAM SUPPLIES 14334 14334 MISCELLANEOUS EXPENSE 4680 1867 2410 403 1143 5130 -7786 3799 1036402 840070 154583 41749 818353 651756 32008 32953 39433 58486 656892 384812 277841 272080 427226 389903 1594861 1405178 27970 26430 136999 102249 510880 485646 675849 614325 X 897312 785853 21700 5000 919012 790853 1594861 1405178 -138401 10242 0 X 0 1 X 1 0 X 534414 188317 442673 601906 460243 2227553 523429 344450 623639 649846 581146 2722510 1057843 532767 1066312 1251752 1041389 4950063 92292 27871 43514 67260 65251 296188 5081 7547 131792 279403 116403 540226 97373 35418 175306 346663 181654 836414 4113649 389 357 1420 798 21733 24697 389 357 1420 798 21733 24697 7190 7057 3699 2504 20450 1065422 540181 1071431 1255054 1063122 4995210 0.82350 0.82580 0.00490 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 555972 306208 249764 71732 63553 8179 29188 15051 14137 272080 DEPOSITS 4000 OPERATING LEASE - RIGHT OF USE 385903 389903 ACCRUED LIABILITIES 20971 ACCRUED PAYROLL AND RELATED EXPENSES 14241 RESERVE FOR CUSTOMER CREDITS 14934 OTHER SHORT-TERM LIABILITIES 263 LONG TERM DEBT, NET CURRENT PORTION 9266 OPERATING LEASE LIABILITY, CURRENT 49710 OPERATING LEASE LIABILITY, LONG-TERM 376261 485646 X 926863 28862 28862 898001 0 898001 1055022 18620 18620 1036402 0 1036402 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND, ACCORDINGLY, DOES NOT PROVIDE FOR INCOME TAXES. AN EXEMPTION WAS GRANTED TO THE ORGANIZATION EFFECTIVE JULY 21, 2009. UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE ORGANIZATION HAS FILED IRS FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. X MA GALA 330800 330800 83844 75732 330800 330800 83844 75732 159576 171224 JUDY KEEFE 55 ALLEN STREET LEXINGTON MA 02421 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS BABAK BINA AND CORYN BINA ARE SPOUSES. FORM 990, PART VI, SECTION A, LINE 2 THE FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE DIRECTOR AND THE FINANCE COMMITTEE PRIOR TO ITS FILLING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE EXUCUTIVE DIRECTOR AND THE FINANCE COMMITTEE PRIOR TO ITS FILLING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES ANNUAL DECLARATION FROM ALL BOARD MEMBERS TO THE EXISTENCE OF ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CO-CHAIR AND/OR TREASURER REQUEST THE BOARD TO VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST