Bethlehem Fair Society Inc
Bethlehem Fair Society: Consistent Revenue, High Administrative Costs
EIN: 222708065 · Bethlehem, CT · NTEE: N52 · Updated: 2026-04-04
Is Bethlehem Fair Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bethlehem Fair Society Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Bethlehem Fair Society Inc
Bethlehem Fair Society Inc (EIN: 222708065) is a nonprofit organization based in Bethlehem, CT, classified under NTEE code N52. The organization reported total revenue of $450K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethlehem Fair Society 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 Bethlehem Fair Society Inc 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Bethlehem Fair Society Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which warrants further investigation.
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 Bethlehem Fair Society Inc's IRS 990 filings:
- Administrative expenses consistently represent a significant portion of total expenses (e.g., $408,924 out of $408,924 total expenses in 2023, implying all expenses are administrative or program expenses are miscategorized).
- The organization reported a net loss in 2023 ($351,182 revenue vs. $408,924 expenses).
- The 'compensation' field in the provided data consistently shows 'c0%', which, while positive for executive compensation, could indicate a lack of paid staff or misreporting if significant operational work is performed.
Strengths
The following positive indicators were identified for Bethlehem Fair Society Inc:
- Long-standing organization with consistent asset base over several years (e.g., $1,211,840 in 2023).
- Maintains a relatively stable revenue stream, generally above $350,000 annually.
- Low liabilities relative to assets, indicating financial stability (e.g., $184,931 liabilities vs. $1,211,840 assets in 2023).
Frequently Asked Questions about Bethlehem Fair Society Inc
Is Bethlehem Fair Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethlehem Fair Society Inc (EIN: 222708065) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Bethlehem Fair Society Inc spend its money?
Bethlehem Fair Society Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bethlehem Fair Society Inc tax-deductible?
Bethlehem Fair Society Inc is registered as a tax-exempt nonprofit (EIN: 222708065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Bethlehem Fair Society Inc do?
Bethlehem Fair Society Inc is a nonprofit organization in the Recreation & Sports sector, located in Bethlehem, Connecticut. It is classified under NTEE code N52.
How much revenue does Bethlehem Fair Society Inc have?
Bethlehem Fair Society Inc reported total revenue of $449,857. Based on 14 IRS 990 filings on record.
What are Bethlehem Fair Society Inc's total assets?
Bethlehem Fair Society Inc holds total assets of $1,211,840 as reported in IRS 990 filings.
Where is Bethlehem Fair Society Inc located?
Bethlehem Fair Society Inc is based in Bethlehem, Connecticut.
What is Bethlehem Fair Society Inc's EIN?
Bethlehem Fair Society Inc's Employer Identification Number (EIN) is 222708065. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bethlehem Fair Society Inc?
Bethlehem Fair Society Inc is classified under NTEE code N52 (Recreation & Sports).
Is Bethlehem Fair Society Inc a registered 501(c)(3)?
Yes, Bethlehem Fair Society Inc is recognized as a tax-exempt organization by the IRS. EIN: 222708065.
Does Bethlehem Fair Society Inc file IRS Form 990?
Yes, Bethlehem Fair Society Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Bethlehem Fair Society Inc's revenue in 2023?
In the 202312 filing period, Bethlehem Fair Society Inc reported total revenue of $351,182, total expenses of $408,924, and net assets of $1,166,026.
Is Bethlehem Fair Society Inc's revenue growing or declining?
Bethlehem Fair Society Inc's revenue is declining. Revenue went from $480,451 (202212) to $351,182 (202312), a -26.9% change. Based on 14 filings on record.
What is Bethlehem Fair Society Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bethlehem Fair Society Inc covers tax period 202312. It shows revenue of $351,182, expenses of $408,924, total assets of $1,166,026, and liabilities of $184,931.
How much does Bethlehem Fair Society Inc spend on programs vs administration?
Based on IRS 990 analysis, Bethlehem Fair Society Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Bethlehem Fair Society Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bethlehem Fair Society Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Bethlehem Fair Society Inc?
The following concerns were identified: Administrative expenses consistently represent a significant portion of total expenses (e.g., $408,924 out of $408,924 total expenses in 2023, implying all expenses are administrative or program expenses are miscategorized).. The organization reported a net loss in 2023 ($351,182 revenue vs. $408,924 expenses).. The 'compensation' field in the provided data consistently shows 'c0%', which, while positive for executive compensation, could indicate a lack of paid staff or misreporting if significant operational work is performed.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bethlehem Fair Society Inc's strengths?
Positive indicators for Bethlehem Fair Society Inc include: Long-standing organization with consistent asset base over several years (e.g., $1,211,840 in 2023).. Maintains a relatively stable revenue stream, generally above $350,000 annually.. Low liabilities relative to assets, indicating financial stability (e.g., $184,931 liabilities vs. $1,211,840 assets in 2023).. These findings are derived from AI analysis of the organization's financial filings.
How does Bethlehem Fair Society Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which warrants further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Bethlehem Fair Society Inc?
- Financial statements are publicly available through IRS Form 990 filings. - The organization consistently reports 0% compensation to officers, directors, trustees, and key employees. - Detailed program service accomplishments are provided in Form 990, Part III. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation and the high administrative expenses, how does the organization manage its operations and programs?
The consistent $0 executive compensation suggests a volunteer-led model, but the high administrative expenses (e.g., $408,924 in 2023) indicate significant operational costs that are not directly tied to program delivery or fundraising, potentially including facility maintenance or other overhead.
What specific activities are categorized under the substantial administrative expenses, and how do these contribute to the organization's mission?
Without more detailed breakdowns than provided in the summary data, it's unclear what constitutes the bulk of administrative expenses. Further review of Form 990, Part IX (Statement of Functional Expenses) would be necessary to understand if these expenses are for essential overhead, facility upkeep, or other non-programmatic activities.
Filing History
IRS 990 filing history for Bethlehem Fair Society Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Bethlehem Fair Society Inc's revenue has declined by 16.9%, moving from $423K to $351K. Total assets increased by 24.2% over the same period, from $938K to $1.2M. Total functional expenses rose by 0.2%, from $408K to $409K. In its most recent filing year (2023), Bethlehem Fair Society Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $185K in liabilities against $1.2M in assets (debt-to-asset ratio: 15.9%), resulting in net assets of $981K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $351K | $409K | $1.2M | $185K | — | — |
| 2022 | $480K | $408K | $1.2M | $205K | — | View 990 |
| 2021 | $464K | $368K | $1.2M | $234K | — | View 990 |
| 2020 | $60K | $118K | $1.1M | $244K | — | View 990 |
| 2019 | $413K | $435K | $1.2M | $234K | — | View 990 |
| 2018 | $401K | $441K | $1.2M | $243K | — | View 990 |
| 2017 | $436K | $362K | $1.1M | $243K | — | View 990 |
| 2016 | $376K | $399K | $836K | $83K | — | View 990 |
| 2015 | $357K | $420K | $864K | $87K | — | View 990 |
| 2014 | $404K | $412K | $931K | $92K | — | View 990 |
| 2013 | $460K | $342K | $943K | $96K | — | View 990 |
| 2012 | $243 | $26K | $830K | $100K | — | View 990 |
| 2012 | $351K | $400K | $879K | $123K | — | View 990 |
| 2011 | $423K | $408K | $938K | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $351K, expenses of $409K, and assets of $1.2M (revenue -26.9% year-over-year).
- 2022: Revenue of $480K, expenses of $408K, and assets of $1.2M (revenue +3.6% year-over-year).
- 2021: Revenue of $464K, expenses of $368K, and assets of $1.2M (revenue +667.1% year-over-year).
- 2020: Revenue of $60K, expenses of $118K, and assets of $1.1M (revenue -85.4% year-over-year).
- 2019: Revenue of $413K, expenses of $435K, and assets of $1.2M (revenue +2.9% year-over-year).
- 2018: Revenue of $401K, expenses of $441K, and assets of $1.2M (revenue -8.1% year-over-year).
- 2017: Revenue of $436K, expenses of $362K, and assets of $1.1M (revenue +15.9% year-over-year).
- 2016: Revenue of $376K, expenses of $399K, and assets of $836K (revenue +5.3% year-over-year).
- 2015: Revenue of $357K, expenses of $420K, and assets of $864K (revenue -11.7% year-over-year).
- 2014: Revenue of $404K, expenses of $412K, and assets of $931K (revenue -12.0% year-over-year).
- 2013: Revenue of $460K, expenses of $342K, and assets of $943K (revenue +189007.0% year-over-year).
- 2012: Revenue of $243, expenses of $26K, and assets of $830K (revenue -99.9% year-over-year).
- 2012: Revenue of $351K, expenses of $400K, and assets of $879K (revenue -17.0% year-over-year).
- 2011: Revenue of $423K, expenses of $408K, and assets of $938K.
Data Sources and Methodology
This transparency report for Bethlehem Fair Society 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.