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BENEFICENT TECHNOLOGY INC

AKA Benetech

Palo Alto, CA

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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

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Annual Revenue & Expenses Additional Information Financial information on GuideStar is either digitized from Form 990 images we receive from the IRS or submitted by the nonprofits themselves through the GuideStar Exchange (990 filers cannot override Form 990 financial data). If your organization does not file a Form 990, 990-EZ, or 990-PF and you would like to have your financial data displayed in this section, join the GuideStar Exchange today!

Fiscal Year Starting: Jan 1, 2010
Fiscal Year Ending: Dec 31, 2010
Revenue
Total Revenue $9,046,723
Expenses
Total Expenses $10,176,383

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Financial data from Forms 990 for Year 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.



GuideStar Exchange Member

This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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Basic Organization Information

BENEFICENT TECHNOLOGY INC

Also Known As:
Benetech
Physical Address:
Palo Alto, CA 94306 1609
EIN:
77-0555413
Web URL:
www.benetech.org 
Blog URL:
benetech.blogspot.com/ 
NTEE Category:
W Public, Society Benefit 
W02 Management & Technical Assistance 
Q International, Foreign Affairs, and National Security 
Q70 International Human Rights 
B Educational Institutions 
B70 Libraries, Library Science 
Ruling Year:
2001 

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Mission Statement

Benetech's mission is to create innovative technology solutions to serve all of humanity. We exist to bridge the gap in social applications between what's possible and what's sufficiently profitable. Currently we tackle issues such as human rights violations, parity of access to information, literacy and environmental sustainability. We are driven by the idea that our technology solutions will be reapplied and adapted around the world to remove barriers and allow people to help themselves and others for generations to come. At Benetech we visualize a world where fundamental human needs are met and Benetech is an important catalyst for the change we envision. We use the technology enterprise model to make impact around the world: customer focus, quality products and services, marketing and distribution.

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

Financial Data

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Revenue and Expenses

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Revenue and Expense data from Forms 990 for 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership (GuideStar ExchangeThe GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. June, 2012)

James R. Fruchterman

Term:

Since Feb 1989

Profile:

James R. Fruchterman is a technology entrepreneur, an engineer and former rocket scientist. He is cofounder and director of RAF Technology, Inc., America's leading high-end OCR technology company, used by the U.S. Postal Service to route mail. Jim is also a leading social entrepreneur through his deliberately nonprofit technology company, Benetech. Under Jim’s leadership, Benetech has twice received a Skoll Award for Social EntrepreneurshiSwitzerland (2003-2007) and cofounded and directs the Social Enterprise Alliance, which is the international association for entrepreneurs in the nonprofit sector.   Fruchterman’s outstanding contributions to the advancement of library services for the blind and physically handicapped as well as his successful efforts to make literary works accessible to people who are blind or visually impaired have been recognized by the American Library Association, the American Foundation for the Blind and the American Council of the Blind. Jim currently serves on two federal advisory committees on digital textbooks for students with disabilities.    Jim believes that technology is the ultimate leveler, allowing disadvantaged people achieve more equality in society.



Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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Program: Bookshare

Budget:
$9,324,685
Category:
Education
Population Served:
Blind and Vision Impaired

Program Description:

Bookshare.org provides national free access to high-quality educational materials and supporting assistive technology to all qualified students who are visually impaired or print disabled.  Bookshare is an Internet library where people with print disabilities are able to find over  books, magazines and newspapers in accessible formats that they can read. With Bookshare, every student with a print disability can have access to the materials they need for success in the classroom and beyond.

Program Long-Term Success:

Every child and adult in the world who has a print disability has access to the the technology they need to obtain the information they must have to succeed in school and beyond.

Program Short-Term Success:

BY 2011 Bookshare will serve more than 100,000 U.S. students who have print disabilities and we will grow our online collection by over one hundred thousand titles.

Program Success Monitored by:

Program Success Examples:

Program: Human Rights Program

Budget:
$903,040
Category:
International, Foreign Affairs & National Security
Population Served:
Other Named Groups

Program Description:

The Benetech Human Rights program enables human rights organizations to transform individual first-hand knowledge of human rights abuses into comprehensive, usable data. While non-governmental organizations often have access to vital information, those operating in violent circumstances cannot use this information in the service of policy change; they face operational and political obstacles to storing, securing, analyzing and disseminating key information. We respond to these challenges by providing human rights advocates with both software products and on-the-ground guidance. We adopt data analysis techniques from mathematical demography, statistics, academic computer science and commercial data mining. We combine social-science reasoning with these techniques to examine the facts. Our work turns unproductive, politicized debates into evidence-based conversations based on the anonymized data we publish.

Program Long-Term Success:

New technology, methodological training and research are used worldwide to dispel misinformation about the patterns and magnitude of human rights violations. A rational, commonly-held understanding of the past unites communities to make their shared future better than their violent past

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Miradi

Budget:
$438,574
Category:
Environment
Population Served:
Other Named Groups

Program Description:

Miradi is a software project management tool  designed by conservationists for conservationists working on a wide range of conservation projects – from managing a small county park or land trust to managing an entire ocean or implementing policy-oriented interventions. Miradi is the most comprehensive and powerful software technology available for implementing best practices in the planning, recording, evaluation and sharing of important information about conservation projects. Miradi is a project of Benetech and the Conservation Measures Partnership (CMP) - a consortium of consortium of conservation NGOs committed to improving the practice of conservation. To achieve this, CMP developed and is promoting common standards and tools for planning, implementation and measuring conservation impact. Each organization within CMP has biodiversity conservation as its primary goal, has a focus on field-based conservation actions and is working to develop better approaches to project design, management and assessment. CMP Core Members include: the African Wildlife Foundation (AWF), The Nature Conservancy (TNC), the Wildlife Conservation Society (WCS) and the Worldwide Fund for Nature/World Wildlife Fund (WWF). Other key partners include RARE Conservation and Foundations of Success. In the search for solutions, we expect Miradi to become a standard component of the IT toolkit for conservationists everywhere.

Program Long-Term Success:

There will be no technological barriers to information sharing between and among conservation practitioners who then be able to initiate the collaborative conservation practices needed to find timely solutions to our urgent environmental challenges.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:



Contractor data is available for this organization!

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Impact Summary from the Nonprofit

Benetech has a tremendous impact in the fields of education, human rights and environmental conservation. Bookshare has grown into the world's largest online library of accessible digital books, newspapers and periodicals, and is available for free to all qualifying print disabled students throughout the U.S. In 2010, we passed the 100,000 members milestone, and we continue to expand rapidly. Our members are now downloading accessible books at a rate of more than one million books per year! As of 2011, Bookshare has over 140,000 members and more than 109,000 books.   Internationally, Bookshare is operating in 28 countries that span the globe and offering content in Hindi and Tamil, Spanish, French and German. In 2011, we will pilot Arabic language capability and content, enabling Bookshare to start serving readers throughout the Arabic-speaking world.   Our Human Rights Program (HRP) documents and analyzes human rights abuses around the globe, most recently in Burma, Colombia, Guatemala, India, Iran, Lebanon, Liberia and Sierra Leone. In 2010, HRP's expert testimony in Guatemala helped win a huge legal victory: two policemen were convicted and sentenced to forty years each for the disappearance of a prominent union leader. The ruling opened an opportunity for the Guatemalan court system to address the massive human rights crimes of the nation's armed internal conflict. In 2011, our HRP team will help Guatemala's Attorney General prepare for the prosecutions of three high-profile officials charged with committing human rights violations during that conflict.  Miradi is our environmental project management software. At the end of 2010, over 4,000 users representing over a thousand organizations in over 120 countries were using Miradi. We continue to enhance the functionality of Miradi and to expand its use within the global biodiversity community to improve the practice of conservation.

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