Overview
What is The Bina Farm Inc?
The Bina Farm Inc, located at 55 Allen Street, Lexington, MA 02421, is a compassionate nonprofit organization that specializes in providing comprehensive rehabilitation services for children and adults with physical, developmental, and emotional challenges. This is achieved through equine-assisted activities, therapies, and various inclusive programs. The Bina Farm Center fosters an inclusive environment by bringing together individuals with and without special needs, enabling them to thrive personally and contribute positively to their communities. By offering a wide range of enrichment programs, Bina Farm provides a comprehensive therapeutic and recreational environment, integrating equine-assisted activities, vocational training programs, and creative and complementary therapies. With a team of 42 dedicated professionals, The Bina Farm Inc strives to empower its clients to overcome their challenges and lead fulfilling lives.
Official website here: www.binafarm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Bina Farm Inc has achieved an impressive 96% rating from Charity Navigator, highlighting its strong accountability and financial health. The organization boasts a fully independent board of directors, contributing to its robust governance structure. With a program expense ratio of 81.14%, it demonstrates a commitment to directing a significant portion of its resources toward its programs and services.
The charity's financial management is well-regarded, with no material diversion of assets reported, which is a positive indicator of its integrity. The organization also adheres to best practices in financial oversight, evidenced by its comprehensive audit and oversight committee. Additional policies, such as those regarding conflict of interest and whistleblower protections, further underscore its commitment to transparency and ethical governance.
While the data paints a very favorable picture of The Bina Farm Inc, potential donors may still consider looking into specific programs and their impact to gain a fuller understanding of the organization's effectiveness in achieving its mission. Overall, the high rating reflects a trustworthy and responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Bina Farm Inc legitimate?
The Bina Farm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bina Farm Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $517,382
For more financial information, click here
Official website here: www.binafarm.org
What is the mission statement of The Bina Farm Inc?
The Bina Farm Inc's mission is centered around facilitating an inclusive environment for individuals with and without special needs. This is achieved through a variety of enrichment programs, which aim to support their personal growth and enable them to contribute positively to their communities. The farm provides a comprehensive therapeutic and recreational environment, utilizing equine-assisted activities and therapies, vocational training programs, and creative and complementary therapies for children and adults facing physical, developmental, and emotional challenges. The primary goal of The Bina Farm is to offer comprehensive rehabilitation services to these individuals, fulfilling its mission through equine-assisted activities, therapies, and other inclusive programs.
Official website here: www.binafarm.org
Who is the CEO of The Bina Farm Inc?
Coryn Bina is the Co-Chair And Co-Founder of The Bina Farm Inc.
Official website here: www.binafarm.org
What is the revenue of The Bina Farm Inc?
The Bina Farm Inc's revenue in 2022 was $1,126,077.
Official website here: www.binafarm.org
Who are the executives of The Bina Farm Inc and what are their salaries?
The average compensation at The Bina Farm Inc during 2022 was $12,319. There are 42 employees and 146 volunteers at The Bina Farm Inc.
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Official website here: www.binafarm.org
Where can I find the form 990 for The Bina Farm Inc?
The Bina Farm Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.binafarm.org
Learn more at the official website: www.binafarm.org
Mission Statement of The Bina Farm Inc
The Bina Farm Inc, a nonprofit organization, is dedicated to bringing together individuals with and without special needs, fostering an inclusive environment through various enrichment programs. Its mission is to create a comprehensive therapeutic and recreational setting, utilizing equine-assisted activities and therapies, vocational training programs, and creative and complementary therapies for children and adults facing physical, developmental, and emotional challenges. By providing these programs, The Bina Farm Inc aims to help its participants thrive personally and contribute positively to their communities. The primary purpose of The Bina Farm is to offer comprehensive rehabilitation services for individuals with such challenges, accomplishing its mission through equine-assisted activities, equine-assisted therapies, and other inclusive programs.
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Impact
July, 2024
The Bina Farm Inc's impact is profound in providing comprehensive therapeutic and recreational services for individuals with physical, developmental, and emotional challenges. Through its inclusive enrichment programs, vocational training, and equine-assisted activities and therapies, Bina Farm Center creates a supportive environment where individuals can thrive personally and make meaningful contributions to their communities. By offering creative and complementary therapies, Bina Farm helps children and adults overcome their challenges and enhance their well-being.
This information is meant to be a general summary of The Bina Farm Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,523
- Program Service Revenue: $652,350
- Gross Receipts: $1,260,529
Assets and Liabilities:
- Total Assets: $1,594,861
- Total Liabilities: $675,849
- Net Assets: $919,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FESS
Revenue
$649,846
Organization Details
Founding Year
2009
Phone
(781) 862-5020Principal Officer
Coryn Bina
Main Address
55 ALLEN STREET, LEXINGTON, MA, 02421
Website
www.binafarm.orgNTEE Category
Code: E50 - Health
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