Bedford Senior Community Center
EIN: 832874248 · Temperance, MI · NTEE: N31
| Metric | Value |
|---|---|
| Total Revenue | $546K |
| Total Expenses | $444K |
| Net Assets | $1.1M |
Is Bedford Senior Community Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bedford Senior Community Center
Bedford Senior Community Center (EIN: 832874248) is a nonprofit organization based in Temperance, MI, classified under NTEE code N31. The organization reported total revenue of $546K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bedford Senior Community Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bedford Senior Community Center is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 43.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $475K |
| Total Expenses | $444K |
| Surplus / Deficit | +$31K |
| Total Assets | $1.1M |
| Total Liabilities | $16K |
| Net Assets | $1.1M |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 29.4 months |
Financial Health Grade: A
In 2023, Bedford Senior Community Center reported a surplus of $31K with revenue exceeding expenses, holds 29.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Bedford Senior Community Center's revenue has grown at a compound annual growth rate (CAGR) of 43.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.2% | +16.5% | +3.1% |
| 2022 | -1.5% | +30.0% | +3.4% |
| 2021 | +18.5% | +7.1% | +11.5% |
| 2020 | +208.1% | +221.6% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bedford Senior Community Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bedford Senior Community Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Bedford Senior Community Center
Is Bedford Senior Community Center a legitimate charity?
Bedford Senior Community Center (EIN: 832874248) is a registered tax-exempt nonprofit based in Michigan. It has 5 years of IRS 990 filings on record. Total revenue: $546K. No red flags identified. Financial health grade: A.
How does Bedford Senior Community Center spend its money?
Bedford Senior Community Center reported $546K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bedford Senior Community Center tax-deductible?
Bedford Senior Community Center is registered as a tax-exempt nonprofit (EIN: 832874248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bedford Senior Community Center located?
Bedford Senior Community Center is headquartered in Temperance, Michigan and files with the IRS under EIN 832874248. It is classified under NTEE code N31.
How many years of IRS 990 filings does Bedford Senior Community Center have?
Bedford Senior Community Center has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $546K in total revenue.
Filing History
IRS 990 filing history for Bedford Senior Community Center showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Bedford Senior Community Center's revenue has grown by 321.2%, moving from $113K to $475K. Total assets increased by 28.8% over the same period, from $844K to $1.1M. Total functional expenses rose by 421.6%, from $85K to $444K. In its most recent filing year (2023), Bedford Senior Community Center reported a surplus of $31K, with revenue exceeding expenses. The organization holds $16K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $475K | $444K | $1.1M | $16K | — | — |
| 2022 | $405K | $381K | $1.1M | $13K | — | View 990 |
| 2021 | $412K | $293K | $1.0M | $2K | — | View 990 |
| 2020 | $347K | $274K | $914K | $15K | — | View 990 |
| 2019 | $113K | $85K | $844K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $475K, expenses of $444K, and assets of $1.1M (revenue +17.2% year-over-year).
- 2022: Revenue of $405K, expenses of $381K, and assets of $1.1M (revenue -1.5% year-over-year).
- 2021: Revenue of $412K, expenses of $293K, and assets of $1.0M (revenue +18.5% year-over-year).
- 2020: Revenue of $347K, expenses of $274K, and assets of $914K (revenue +208.1% year-over-year).
- 2019: Revenue of $113K, expenses of $85K, and assets of $844K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bedford Senior Community Center:
Data Sources and Methodology
This transparency report for Bedford Senior Community Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.