Overview
What is Bethesda Foundation For Children?
Bethesda Foundation for Children, established in 1994, is a nonprofit organization dedicated to supporting the services and programs provided by Bethesda Lutheran Services. Its primary objective is to raise and manage funds for this purpose, aiming to enhance the living conditions and treatment options for troubled youth at Bethesda Children's Home. The foundation also organizes facilities and fundraising activities to further benefit the children and their families. In essence, the Bethesda Foundation for Children seeks to empower Bethesda Children's Home and enrich the lives of children and their families, contributing positively to their overall well-being.
Official website here: www.bethesda1919.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Bethesda Foundation For Children has received a favorable rating of 89%, translating to a Three-Star status on Charity Navigator. This score is primarily attributed to the organization’s strong performance in Accountability & Finance, reflecting the foundation's commitment to transparency and ethical governance. Significant highlights include a fully independent board and robust financial oversight mechanisms, showcasing a reliable governance structure.
Strengths of the foundation include a high program expense ratio of 72.68%, which indicates that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, an impressive fundraising efficiency ratio of $0.19 signifies effective fundraising strategies, allowing more resources to be allocated towards its mission. The foundation also maintains strong liquidity, with a working capital ratio of 7.95 years, suggesting financial stability and capacity to meet obligations.
However, there are some limitations to note. The liabilities to assets ratio stands at 48.61%, which may raise some concerns about financial leverage compared to assets. While overall performance is commendable, potential donors should consider this aspect when evaluating the foundation's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Bethesda Foundation For Children legitimate?
Bethesda Foundation For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Foundation For Children 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bethesda1919.org
What is the mission statement of Bethesda Foundation For Children?
The Bethesda Foundation for Children, established in 1994, was initiated with the primary objective of raising and managing funds to support the services and programs provided by Bethesda Lutheran Services. Its mission is multifaceted, aiming to enhance the capabilities of Bethesda Children's Home and improve the lives of children and their families. This is achieved through various means, such as organizing fundraising activities and providing facilities for residential living and treatment programs for troubled youth. The foundation's ultimate goal is to empower Bethesda Children's Home, thereby positively impacting the lives of the children and their families.
Official website here: www.bethesda1919.org
Who is the CEO of Bethesda Foundation For Children?
Brad Whitman Jr is the Chairperson of Bethesda Foundation For Children. The CEO's salary of Bethesda Foundation For Children is $0 and their total compensation is $203,658.
Official website here: www.bethesda1919.org
What is the revenue of Bethesda Foundation For Children?
Bethesda Foundation For Children's revenue in 2022 was $1,698,470.
Official website here: www.bethesda1919.org
Who are the executives of Bethesda Foundation For Children and what are their salaries?
There 15 volunteers at Bethesda Foundation For Children.
Here are 18 key members and their salaries (Bethesda Foundation For Children's CEO's salary is $0 and their total compensation is $203,658):
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- Related: $105,347
- Other: $17,807
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- Related: $176,603
- Other: $27,055
Official website here: www.bethesda1919.org
Where can I find the form 990 for Bethesda Foundation For Children?
Bethesda Foundation For Children's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethesda1919.org
Learn more at the official website: www.bethesda1919.org
Mission Statement of Bethesda Foundation For Children
Bethesda Foundation for Children, established in 1994, was created with a primary objective to raise and manage funds to support the services and programs provided by Bethesda Lutheran Services. This nonprofit organization's mission is multifaceted, aiming to empower Bethesda Children's Home and enhance the lives of children and their families.
One of the key aspects of Bethesda Foundation for Children's mission is to provide facilities and funding for various activities benefiting Bethesda Children's Home. This home serves as a sanctuary for troubled youth, offering them residential living and treatment programs. By supporting Bethesda Children's Home, the foundation aims to contribute to the overall well-being of these children and their families, enriching their lives in a significant way.
In essence, Bethesda Foundation for Children's mission is centered around raising funds to support and improve the services offered by Bethesda Lutheran Services, particularly for Bethesda Children's Home. This nonprofit organization's mission is to empower the children and families they serve, providing them with the necessary facilities and opportunities for growth and development.
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Impact
October, 2024
Bethesda Foundation for Children plays a pivotal role in enhancing the lives of vulnerable children and their families. Established in 1994, it focuses on empowering Bethesda Children's Home and enriching the overall experience of those involved with the organization. By raising and managing funds, the foundation supports a variety of services and programs provided by Bethesda Lutheran Services.
The organization is committed to creating safe and nurturing environments for troubled youth through residential living and treatment programs. This support not only helps address immediate needs but also fosters long-term growth and stability for children facing challenges in their lives. The impact is profound, as the foundation strives to provide essential resources and facilities that directly benefit the well-being of children and their families in Meadville, PA and beyond.
This information is meant to be a general summary of Bethesda Foundation For Children. 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: $241,969
- Program Service Revenue: $1,144,729
- Gross Receipts: $6,696,212
Assets and Liabilities:
- Total Assets: $15,305,341
- Total Liabilities: $7,227,595
- Net Assets: $8,077,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUP HOME RENTAL INCOME
Revenue
$1,092,460
TRINITY CENTER AND OTHER
Revenue
$52,269
Organization Details
Founding Year
1994
Phone
(814) 724-7510Principal Officer
Brad Whitman Jr
Main Address
15487 STATE ROUTE 86, MEADVILLE, PA, 16335
Website
www.bethesda1919.orgNTEE Category
Code: P300 - Human services
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