Bethany Lutheran Open Arms Child Development Center Inc
EIN: 271982077 · Slidell, LA · NTEE: P33
| Metric | Value |
|---|---|
| Total Revenue | $969K |
| Total Expenses | $945K |
| Net Assets | $845K |
Is Bethany Lutheran Open Arms Child Development Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethany Lutheran Open Arms Child Development Center Inc
Bethany Lutheran Open Arms Child Development Center Inc (EIN: 271982077) is a nonprofit organization based in Slidell, LA, classified under NTEE code P33. The organization reported total revenue of $969K and total assets of $749K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethany Lutheran Open Arms Child Development Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethany Lutheran Open Arms Child Development Center Inc is a small nonprofit that has been operating for 85 years, with 16 years of IRS 990 filings on record (2010–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $982K |
| Total Expenses | $945K |
| Surplus / Deficit | +$37K |
| Total Assets | $850K |
| Total Liabilities | $5K |
| Net Assets | $845K |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2024, Bethany Lutheran Open Arms Child Development Center Inc reported a surplus of $37K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.8% | +4.2% | +5.1% |
| 2023 | -36.6% | -3.9% | +1.5% |
| 2022 | +70.2% | +38.4% | +174.9% |
| 2021 | +9.7% | +-0.0% | +136.5% |
| 2020 | +6.8% | -5.1% | +202.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethany Lutheran Open Arms Child Development Center Inc 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 Bethany Lutheran Open Arms Child Development Center Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Bethany Lutheran Open Arms Child Development Center Inc
Is Bethany Lutheran Open Arms Child Development Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethany Lutheran Open Arms Child Development Center Inc (EIN: 271982077) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bethany Lutheran Open Arms Child Development Center Inc spend its money?
Detailed spending breakdown data is not yet available for Bethany Lutheran Open Arms Child Development Center Inc. Check back for updated IRS 990 analysis.
Are donations to Bethany Lutheran Open Arms Child Development Center Inc tax-deductible?
Bethany Lutheran Open Arms Child Development Center Inc is registered as a tax-exempt nonprofit (EIN: 271982077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethany Lutheran Open Arms Child Development Center Inc located?
Bethany Lutheran Open Arms Child Development Center Inc is headquartered in Slidell, Louisiana and files with the IRS under EIN 271982077. It is classified under NTEE code P33.
How many years of IRS 990 filings does Bethany Lutheran Open Arms Child Development Center Inc have?
Bethany Lutheran Open Arms Child Development Center Inc has 16 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 $969K in total revenue.
Filing History
IRS 990 filing history for Bethany Lutheran Open Arms Child Development Center Inc showing financial trends over 16 years of public records:
In its most recent filing year (2024), Bethany Lutheran Open Arms Child Development Center Inc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $5K in liabilities against $850K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $845K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $982K | $945K | $850K | $5K | — | — |
| 2023 | $920K | $907K | $809K | $2K | — | View 990 |
| 2022 | $1.5M | $944K | $797K | $2K | — | View 990 |
| 2021 | $853K | $682K | $290K | $2K | — | — |
| 2020 | $777K | $682K | $123K | $96K | — | View 990 |
| 2019 | $728K | $719K | $41K | $110K | — | View 990 |
| 2018 | $746K | $732K | $31K | $109K | — | View 990 |
| 2017 | $670K | $647K | $17K | $109K | — | View 990 |
| 2016 | $646K | $681K | $4K | $119K | — | View 990 |
| 2015 | $678K | $744K | $8K | $89K | — | View 990 |
| 2014 | $689K | $680K | $26K | $41K | — | View 990 |
| 2013 | $616K | $650K | $7K | $31K | — | View 990 |
| 2012 | $544K | $629K | $21K | $10K | — | View 990 |
| 2011 | $285K | $0 | $14K | $30K | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
| 2010 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $982K, expenses of $945K, and assets of $850K (revenue +6.8% year-over-year).
- 2023: Revenue of $920K, expenses of $907K, and assets of $809K (revenue -36.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $944K, and assets of $797K (revenue +70.2% year-over-year).
- 2021: Revenue of $853K, expenses of $682K, and assets of $290K (revenue +9.7% year-over-year).
- 2020: Revenue of $777K, expenses of $682K, and assets of $123K (revenue +6.8% year-over-year).
- 2019: Revenue of $728K, expenses of $719K, and assets of $41K (revenue -2.5% year-over-year).
- 2018: Revenue of $746K, expenses of $732K, and assets of $31K (revenue +11.4% year-over-year).
- 2017: Revenue of $670K, expenses of $647K, and assets of $17K (revenue +3.7% year-over-year).
- 2016: Revenue of $646K, expenses of $681K, and assets of $4K (revenue -4.6% year-over-year).
- 2015: Revenue of $678K, expenses of $744K, and assets of $8K (revenue -1.6% year-over-year).
- 2014: Revenue of $689K, expenses of $680K, and assets of $26K (revenue +11.7% year-over-year).
- 2013: Revenue of $616K, expenses of $650K, and assets of $7K (revenue +13.3% year-over-year).
- 2012: Revenue of $544K, expenses of $629K, and assets of $21K (revenue +90.9% year-over-year).
- 2011: Revenue of $285K, expenses of $0, and assets of $14K.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethany Lutheran Open Arms Child Development Center Inc:
Data Sources and Methodology
This transparency report for Bethany Lutheran Open Arms Child Development Center Inc 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.