Is Bethel Institute For Community Development Legit?
Quick charity verification for Bethel Institute For Community Development (EIN: 202079203)
Verdict: Bethel Institute For Community Development appears trustworthy
90/100Mission Score
$498KRevenue
$638KAssets
1Red Flags
5Strengths
Red Flags
No officer compensation reported across all filings, which, while positive for program spending, can sometimes indicate a lack of transparency if compensation is simply reclassified or paid through related entities not clearly disclosed.
Strengths
Consistent revenue growth, increasing from $24,302 in 2015 to $497,956 in 2023.
Strong asset accumulation, reaching $637,942 in 2023 from $0 in 2021.
Extremely low liabilities ($1,469 in 2023), indicating strong financial management.
0% officer compensation reported across all filings, suggesting high dedication of funds to programs.
Healthy surplus generation, with revenues significantly exceeding expenses in recent years (e.g., $497,956 revenue vs. $311,871 expenses in 2023).
Spending Breakdown
How Bethel Institute For Community Development allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bethel Institute For Community Development
Is Bethel Institute For Community Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethel Institute For Community Development (EIN: 202079203) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Bethel Institute For Community Development a good charity to donate to?
Bethel Institute For Community Development has a Mission Score of 90/100. Revenue: $498K. Assets: $638K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bethel Institute For Community Development?
The Employer Identification Number (EIN) for Bethel Institute For Community Development is 202079203. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bethel Institute For Community Development spend its money?
Bethel Institute For Community Development allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bethel Institute For Community Development's tax-exempt status?
You can verify Bethel Institute For Community Development's tax-exempt status using EIN 202079203 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bethel Institute For Community Development demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $497,956 in the latest period. The organization has also shown prudent financial management by significantly increasing its assets to $637,942 while keeping liabilities very low at $1,469 in the most recent filing. This indicates a strong balance sheet and capacity for future operations.
Spending efficiency appears strong, with expenses of $311,871 against revenues of $497,956 in 2023, suggesting a healthy surplus for reinvestment or reserves. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very lean leadership structure.
Overall, the organization exhibits good financial health, efficient spending practices given the available data, and a high degree of transparency regarding executive compensation. The growth in assets and revenue, coupled with minimal liabilities, positions the Bethel Institute For Community Development well for sustained impact in the community.