Bethany Manor
Bethany Manor: Declining Revenue and High Liabilities Raise Concerns
EIN: 221838178 · Matawan, NJ · NTEE: L22 · Updated: 2026-04-04
About Bethany Manor
Bethany Manor (EIN: 221838178) is a nonprofit organization based in Matawan, NJ, classified under NTEE code L22. The organization reported total revenue of $368K and total assets of $14.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethany Manor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bethany Manor with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Bethany Manor allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific figures, as the provided data only shows 'x' for expenses, not individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bethany Manor's IRS 990 filings:
- Consistent negative revenue from 2016-2021, indicating potential operational challenges.
- High liabilities, particularly in 2021 ($8,330,038) and 2020 ($7,909,584), raise questions about financial stability.
- Significant drop in assets from $9,643,141 in 2017 to $3,846,375 in 2016, then a rebound, suggesting volatility.
Strengths
The following positive indicators were identified for Bethany Manor:
- Recent positive revenue of $211,202 in 2023, a positive shift from previous years of losses.
- Assets have shown growth from $9,150,974 in 2021 to $14,612,322 in 2023, indicating some financial recovery.
Frequently Asked Questions about Bethany Manor
What does Bethany Manor do?
Bethany Manor is a nonprofit organization in the Housing & Shelter sector, located in Matawan, New Jersey. It is classified under NTEE code L22.
How much revenue does Bethany Manor have?
Bethany Manor reported total revenue of $368,309. Based on 12 IRS 990 filings on record.
What are Bethany Manor's total assets?
Bethany Manor holds total assets of $14,612,322 as reported in IRS 990 filings.
Where is Bethany Manor located?
Bethany Manor is based in Matawan, New Jersey.
What is Bethany Manor's EIN?
Bethany Manor's Employer Identification Number (EIN) is 221838178. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bethany Manor?
Bethany Manor is classified under NTEE code L22 (Housing & Shelter).
Is Bethany Manor a registered 501(c)(3)?
Yes, Bethany Manor is recognized as a tax-exempt organization by the IRS. EIN: 221838178.
Does Bethany Manor file IRS Form 990?
Yes, Bethany Manor has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Bethany Manor's revenue in 2023?
In the 202306 filing period, Bethany Manor reported total revenue of $211,202, total expenses of $94,920, and net assets of $14,176,576.
Is Bethany Manor's revenue growing or declining?
Bethany Manor's revenue is declining. Revenue went from $13,223,430 (202206) to $211,202 (202306), a -98.4% change. Based on 12 filings on record.
What is Bethany Manor's most recent 990 filing?
The most recent IRS Form 990 filing for Bethany Manor covers tax period 202306. It shows revenue of $211,202, expenses of $94,920, total assets of $14,176,576, and liabilities of $15,928.
How much does Bethany Manor spend on programs vs administration?
Based on IRS 990 analysis, Bethany Manor allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Bethany Manor a trustworthy charity?
Based on AI analysis of IRS 990 data, Bethany Manor shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Bethany Manor?
The following concerns were identified: Consistent negative revenue from 2016-2021, indicating potential operational challenges.. High liabilities, particularly in 2021 ($8,330,038) and 2020 ($7,909,584), raise questions about financial stability.. Significant drop in assets from $9,643,141 in 2017 to $3,846,375 in 2016, then a rebound, suggesting volatility.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bethany Manor's strengths?
Positive indicators for Bethany Manor include: Recent positive revenue of $211,202 in 2023, a positive shift from previous years of losses.. Assets have shown growth from $9,150,974 in 2021 to $14,612,322 in 2023, indicating some financial recovery.. These findings are derived from AI analysis of the organization's financial filings.
How does Bethany Manor compensate executives?
Executive compensation cannot be assessed without specific figures, as the provided data only shows 'x' for expenses, not individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the historical negative revenue and high liabilities, what specific strategies has Bethany Manor implemented to achieve the recent positive revenue and asset growth?
The provided data does not detail specific strategies, but the shift from negative revenue to $211,202 in 2023 and asset growth to $14,612,322 suggests a significant operational or financial restructuring has occurred.
How does Bethany Manor manage its substantial liabilities, which were as high as $8,330,038 in 2021, and what is the current plan for long-term debt reduction?
While the data shows liabilities at $15,928 in 2023, a dramatic decrease from previous years, the specific management strategies or long-term debt reduction plans are not disclosed in this summary.
Filing History
IRS 990 filing history for Bethany Manor showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Bethany Manor's revenue has grown by 170.2%, moving from $78K to $211K. Total assets increased by 158.8% over the same period, from $5.5M to $14.2M. Total functional expenses fell by 15.9%, from $113K to $95K. In its most recent filing year (2023), Bethany Manor reported a surplus of $116K, with revenue exceeding expenses. The organization holds $16K in liabilities against $14.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $14.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $211K | $95K | $14.2M | $16K | — | View 990 |
| 2022 | $13.2M | $0 | $14.1M | $34K | — | View 990 |
| 2021 | $-563,746 | $0 | $9.2M | $8.3M | — | View 990 |
| 2020 | $-269,233 | $0 | $9.3M | $7.9M | — | View 990 |
| 2019 | $-272,568 | $0 | $9.7M | $8.0M | — | View 990 |
| 2018 | $-299,985 | $190K | $9.0M | $8.1M | — | — |
| 2017 | $-18,943 | $102K | $9.6M | $8.3M | — | View 990 |
| 2016 | $-22,624 | $109K | $3.8M | $2.3M | — | View 990 |
| 2015 | $14K | $97K | $4.3M | $2.7M | — | View 990 |
| 2014 | $-7,968 | $106K | $4.7M | $3.0M | — | View 990 |
| 2013 | $83K | $110K | $5.0M | $3.2M | — | View 990 |
| 2012 | $78K | $113K | $5.5M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $211K, expenses of $95K, and assets of $14.2M (revenue -98.4% year-over-year).
- 2022: Revenue of $13.2M, expenses of $0, and assets of $14.1M.
- 2021: Revenue of $-563,746, expenses of $0, and assets of $9.2M.
- 2020: Revenue of $-269,233, expenses of $0, and assets of $9.3M.
- 2019: Revenue of $-272,568, expenses of $0, and assets of $9.7M.
- 2018: Revenue of $-299,985, expenses of $190K, and assets of $9.0M.
- 2017: Revenue of $-18,943, expenses of $102K, and assets of $9.6M.
- 2016: Revenue of $-22,624, expenses of $109K, and assets of $3.8M (revenue -263.1% year-over-year).
- 2015: Revenue of $14K, expenses of $97K, and assets of $4.3M.
- 2014: Revenue of $-7,968, expenses of $106K, and assets of $4.7M (revenue -109.5% year-over-year).
- 2013: Revenue of $83K, expenses of $110K, and assets of $5.0M (revenue +6.8% year-over-year).
- 2012: Revenue of $78K, expenses of $113K, and assets of $5.5M.
Data Sources and Methodology
This transparency report for Bethany Manor 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.