Bethel Nursing Home Co Inc
Bethel Nursing Home Co Inc faces persistent operational deficits and growing liabilities, with expenses exceeding revenue in most recent years.
EIN: 132699737 · Ossining, NY · NTEE: E91Z · Updated: 2026-03-28
Is Bethel Nursing Home Co Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bethel Nursing Home Co Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bethel Nursing Home Co Inc
Bethel Nursing Home Co Inc (EIN: 132699737) is a nonprofit organization based in Ossining, NY, classified under NTEE code E91Z. The organization reported total revenue of $6.7M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethel Nursing Home Co Inc'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 Bethel Nursing Home Co Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bethel Nursing Home Co Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive salaries are either very low, non-existent, or not reported in this specific field, which could indicate a commitment to minimizing overhead.
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 Bethel Nursing Home Co Inc's IRS 990 filings:
- Persistent operational deficits: Expenses exceeded revenue in 7 out of the last 10 years, including the most recent period (2023 expenses $6,461,980 vs. revenue $5,476,806).
- Growing liabilities: Liabilities have more than doubled from $4,803,128 in 2016 to $9,083,084 in 2023.
- Negative net assets: Liabilities significantly outweigh assets ($9,083,084 vs. $3,464,139 in 2023), indicating a precarious financial position.
- Declining asset-to-liability ratio: Assets are decreasing relative to liabilities, worsening the organization's financial stability.
Strengths
The following positive indicators were identified for Bethel Nursing Home Co Inc:
- Consistent IRS 990 filing history: 13 filings demonstrate a commitment to transparency in reporting.
- No reported officer compensation: Consistently reporting 0% officer compensation suggests a focus on minimizing executive overhead, or that compensation is structured differently.
Frequently Asked Questions about Bethel Nursing Home Co Inc
Is Bethel Nursing Home Co Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethel Nursing Home Co Inc (EIN: 132699737) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Bethel Nursing Home Co Inc spend its money?
Bethel Nursing Home Co Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bethel Nursing Home Co Inc tax-deductible?
Bethel Nursing Home Co Inc is registered as a tax-exempt nonprofit (EIN: 132699737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bethel Nursing Home Co Inc financially sustainable given its persistent deficits?
The organization has consistently reported expenses exceeding revenue in 7 of the last 10 years, leading to a significant increase in liabilities from $4,803,128 in 2016 to $9,083,084 in 2023. This trend raises serious concerns about its long-term financial sustainability without a change in its financial model.
What is the cause of the growing liabilities?
The liabilities have steadily increased, more than doubling from $4,803,128 in 2016 to $9,083,084 in 2023. This growth is directly correlated with the consistent operational deficits where expenses frequently outpace revenue, indicating the organization is likely borrowing or deferring payments to cover its costs.
How does the organization plan to address its negative net assets (liabilities exceeding assets)?
As of 2023, liabilities ($9,083,084) significantly exceed assets ($3,464,139), resulting in negative net assets. The filings do not provide a specific plan, but addressing this would typically involve increasing revenue, reducing expenses, or securing significant capital injections.
What is the actual breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data summary does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency in these areas. Further examination of the full 990 forms would be required.
Filing History
IRS 990 filing history for Bethel Nursing Home Co Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bethel Nursing Home Co Inc's revenue has declined by 26.6%, moving from $7.5M to $5.5M. Total assets increased by 37.2% over the same period, from $2.5M to $3.5M. Total functional expenses fell by 10.8%, from $7.2M to $6.5M. In its most recent filing year (2023), Bethel Nursing Home Co Inc reported a deficit of $985K, with expenses exceeding revenue. The organization holds $9.1M in liabilities against $3.5M in assets (debt-to-asset ratio: 262.2%), resulting in net assets of $-5,618,945.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $6.5M | $3.5M | $9.1M | — | — |
| 2022 | $5.5M | $5.9M | $3.1M | $7.7M | — | View 990 |
| 2021 | $5.3M | $5.1M | $2.6M | $6.9M | — | View 990 |
| 2020 | $4.8M | $5.3M | $2.4M | $6.8M | — | View 990 |
| 2019 | $5.4M | $6.2M | $2.6M | $6.5M | — | View 990 |
| 2018 | $5.5M | $5.9M | $2.9M | $6.0M | — | View 990 |
| 2017 | $5.5M | $5.6M | $2.6M | $5.4M | — | View 990 |
| 2016 | $5.7M | $5.2M | $2.2M | $4.8M | — | View 990 |
| 2015 | $5.8M | $5.0M | $2.4M | $5.4M | — | View 990 |
| 2014 | $4.6M | $4.7M | $1.9M | $5.8M | — | View 990 |
| 2013 | $5.7M | $5.4M | $2.0M | $5.6M | — | View 990 |
| 2012 | $5.7M | $5.7M | $2.3M | $8.4M | — | View 990 |
| 2011 | $7.5M | $7.2M | $2.5M | $8.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $6.5M, and assets of $3.5M (revenue +-0.0% year-over-year).
- 2022: Revenue of $5.5M, expenses of $5.9M, and assets of $3.1M (revenue +3.4% year-over-year).
- 2021: Revenue of $5.3M, expenses of $5.1M, and assets of $2.6M (revenue +9.6% year-over-year).
- 2020: Revenue of $4.8M, expenses of $5.3M, and assets of $2.4M (revenue -10.5% year-over-year).
- 2019: Revenue of $5.4M, expenses of $6.2M, and assets of $2.6M (revenue -1.5% year-over-year).
- 2018: Revenue of $5.5M, expenses of $5.9M, and assets of $2.9M (revenue +0.6% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.6M, and assets of $2.6M (revenue -3.8% year-over-year).
- 2016: Revenue of $5.7M, expenses of $5.2M, and assets of $2.2M (revenue -2.1% year-over-year).
- 2015: Revenue of $5.8M, expenses of $5.0M, and assets of $2.4M (revenue +26.7% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.7M, and assets of $1.9M (revenue -20.0% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.4M, and assets of $2.0M (revenue +-0.0% year-over-year).
- 2012: Revenue of $5.7M, expenses of $5.7M, and assets of $2.3M (revenue -23.4% year-over-year).
- 2011: Revenue of $7.5M, expenses of $7.2M, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Bethel Nursing Home Co 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.