Bin Network Foundation Inc
- Assets
- $56.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellington, FL
- Founding
- Data as of
- 12/2021
- EIN
- 85-3056101
Organization Overview
Bin Network Foundation Inc is located in Wellington, FL. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bin Network Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bin Network Foundation Inc generated $131.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $111.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohammad Hannan President | 16 | $0 | |
Tasawar Hannan Secretary | 8 | $0 | |
Sarah Noorjahan Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,814 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$15,300 |
| Other Revenue | $0 |
| Total Revenue | $131,514 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $111,914 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,170 |
| Other assets | $0 |
| Total assets | $56,170 |
| Total liabilities | $36,270 |
| Net assets or fund balances | $19,900 |
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