Bethany On 42 Nd
EIN: 261087740 · Fargo, ND · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $23.2M |
| Total Expenses | $20.6M |
| Net Assets | $13.5M |
Is Bethany On 42 Nd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethany On 42 Nd
Bethany On 42 Nd (EIN: 261087740) is a nonprofit organization based in Fargo, ND, classified under NTEE code L22. The organization reported total revenue of $23.2M and total assets of $40.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethany On 42 Nd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethany On 42 Nd is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.0M |
| Total Expenses | $20.6M |
| Surplus / Deficit | +$423K |
| Total Assets | $44.4M |
| Total Liabilities | $30.8M |
| Net Assets | $13.5M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 69.5% |
| Months of Reserves | 25.8 months |
Financial Health Grade: A
In 2023, Bethany On 42 Nd reported a surplus of $423K with revenue exceeding expenses, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 69.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bethany On 42 Nd's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | +3.2% | -1.7% |
| 2022 | +17.3% | +9.7% | +5.0% |
| 2021 | -0.4% | +2.4% | -1.4% |
| 2020 | +8.1% | +0.2% | +2.3% |
| 2019 | +3.0% | +1.1% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethany On 42 Nd 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 On 42 Nd 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 $423K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.5%.
Frequently Asked Questions about Bethany On 42 Nd
Is Bethany On 42 Nd a legitimate charity?
Bethany On 42 Nd (EIN: 261087740) is a registered tax-exempt nonprofit based in North Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $23.2M. No red flags identified. Financial health grade: A.
How does Bethany On 42 Nd spend its money?
Bethany On 42 Nd reported $23.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bethany On 42 Nd tax-deductible?
Bethany On 42 Nd is registered as a tax-exempt nonprofit (EIN: 261087740). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethany On 42 Nd located?
Bethany On 42 Nd is headquartered in Fargo, North Dakota and files with the IRS under EIN 261087740. It is classified under NTEE code L22.
How many years of IRS 990 filings does Bethany On 42 Nd have?
Bethany On 42 Nd has 13 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 $23.2M in total revenue.
Filing History
IRS 990 filing history for Bethany On 42 Nd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethany On 42 Nd's revenue has grown by 116.8%, moving from $9.7M to $21.0M. Total assets increased by 64.3% over the same period, from $27.0M to $44.4M. Total functional expenses rose by 110.9%, from $9.8M to $20.6M. In its most recent filing year (2023), Bethany On 42 Nd reported a surplus of $423K, with revenue exceeding expenses. The organization holds $30.8M in liabilities against $44.4M in assets (debt-to-asset ratio: 69.5%), resulting in net assets of $13.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.0M | $20.6M | $44.4M | $30.8M | — | View 990 |
| 2022 | $23.0M | $20.0M | $45.1M | $31.9M | — | — |
| 2021 | $19.6M | $18.2M | $43.0M | $32.6M | — | View 990 |
| 2020 | $19.6M | $17.8M | $43.6M | $34.4M | — | — |
| 2019 | $18.2M | $17.7M | $42.6M | $35.1M | — | View 990 |
| 2018 | $17.6M | $17.6M | $43.7M | $36.2M | — | View 990 |
| 2017 | $16.5M | $17.2M | $44.8M | $37.3M | — | View 990 |
| 2016 | $16.1M | $15.6M | $46.8M | $38.7M | — | View 990 |
| 2015 | $18.1M | $15.1M | $37.8M | $30.1M | — | View 990 |
| 2014 | $14.9M | $14.6M | $33.3M | $28.5M | — | View 990 |
| 2013 | $12.8M | $10.6M | $33.8M | $29.1M | — | View 990 |
| 2012 | $10.0M | $10.0M | $27.0M | $24.4M | — | View 990 |
| 2011 | $9.7M | $9.8M | $27.0M | $24.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.0M, expenses of $20.6M, and assets of $44.4M (revenue -8.3% year-over-year).
- 2022: Revenue of $23.0M, expenses of $20.0M, and assets of $45.1M (revenue +17.3% year-over-year).
- 2021: Revenue of $19.6M, expenses of $18.2M, and assets of $43.0M (revenue -0.4% year-over-year).
- 2020: Revenue of $19.6M, expenses of $17.8M, and assets of $43.6M (revenue +8.1% year-over-year).
- 2019: Revenue of $18.2M, expenses of $17.7M, and assets of $42.6M (revenue +3.0% year-over-year).
- 2018: Revenue of $17.6M, expenses of $17.6M, and assets of $43.7M (revenue +7.0% year-over-year).
- 2017: Revenue of $16.5M, expenses of $17.2M, and assets of $44.8M (revenue +2.5% year-over-year).
- 2016: Revenue of $16.1M, expenses of $15.6M, and assets of $46.8M (revenue -11.0% year-over-year).
- 2015: Revenue of $18.1M, expenses of $15.1M, and assets of $37.8M (revenue +21.5% year-over-year).
- 2014: Revenue of $14.9M, expenses of $14.6M, and assets of $33.3M (revenue +16.3% year-over-year).
- 2013: Revenue of $12.8M, expenses of $10.6M, and assets of $33.8M (revenue +28.3% year-over-year).
- 2012: Revenue of $10.0M, expenses of $10.0M, and assets of $27.0M (revenue +2.7% year-over-year).
- 2011: Revenue of $9.7M, expenses of $9.8M, and assets of $27.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethany On 42 Nd:
Data Sources and Methodology
This transparency report for Bethany On 42 Nd 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.