Bethsaida Community Inc
Bethsaida Community Inc: Financial Instability and Lack of Transparency Raise Concerns
EIN: 222816330 · Norwich, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $424K |
| Net Assets | $1.3M |
| Transparency Score | 30/100 |
Is Bethsaida Community Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethsaida Community Inc
Bethsaida Community Inc (EIN: 222816330) is a nonprofit organization based in Norwich, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethsaida Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethsaida Community Inc is a mid-size nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $424K |
| Surplus / Deficit | +$635K |
| Total Assets | $1.4M |
| Total Liabilities | $59K |
| Net Assets | $1.3M |
| Operating Margin | 60.0% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 39.2 months |
Financial Health Grade: A
In 2018, Bethsaida Community Inc reported a surplus of $635K with revenue exceeding expenses, holds 39.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Bethsaida Community Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +230.6% | +0.3% | +13.5% |
| 2017 | +3.8% | -0.1% | -8.2% |
| 2016 | -64.7% | -25.4% | -8.1% |
| 2015 | +14.5% | -19.0% | +19.3% |
| 2014 | +6.1% | -1.6% | +7.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bethsaida Community Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Bethsaida Community Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $635K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data.
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 Bethsaida Community Inc's IRS 990 filings:
- Total expenses consistently exceed total revenue across all reported years, indicating chronic financial instability.
- The organization reports 0% program service accomplishments ('c0%') for all years, which is highly unusual and concerning.
- Significant liabilities are reported, with 'l' values ranging from $59,289 to $634,353, suggesting potential financial strain.
- Lack of detailed expense breakdown makes it impossible to determine how funds are being utilized.
Strengths
The following positive indicators were identified for Bethsaida Community Inc:
- None identifiable from the provided limited financial data.
Frequently Asked Questions about Bethsaida Community Inc
Is Bethsaida Community Inc a legitimate charity?
Bethsaida Community Inc (EIN: 222816330) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 30/100. It has 8 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: A.
How does Bethsaida Community Inc spend its money?
Bethsaida Community Inc reported its financials in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bethsaida Community Inc tax-deductible?
Bethsaida Community Inc is registered as a tax-exempt nonprofit (EIN: 222816330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethsaida Community Inc located?
Bethsaida Community Inc is headquartered in Norwich, Connecticut and files with the IRS under EIN 222816330.
How many years of IRS 990 filings does Bethsaida Community Inc have?
Bethsaida Community Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Bethsaida Community Inc do?
Bethsaida Community Inc is a nonprofit organization in the Unknown sector, located in Norwich, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Bethsaida Community Inc have?
Bethsaida Community Inc reported total revenue of N/A. Based on 8 IRS 990 filings on record.
What are Bethsaida Community Inc's total assets?
Bethsaida Community Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Bethsaida Community Inc located?
Bethsaida Community Inc is based in Norwich, Connecticut.
What is Bethsaida Community Inc's EIN?
Bethsaida Community Inc's Employer Identification Number (EIN) is 222816330. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bethsaida Community Inc?
Bethsaida Community Inc is classified under NTEE code Unknown (Unknown).
Is Bethsaida Community Inc a registered 501(c)(3)?
Bethsaida Community Inc appears in IRS records (EIN: 222816330). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Bethsaida Community Inc file IRS Form 990?
Yes, Bethsaida Community Inc has 8 IRS Form 990 filings on record. The most recent covers tax period 201812.
What was Bethsaida Community Inc's revenue in 2018?
In the 201812 filing period, Bethsaida Community Inc reported total revenue of $1,059,300, total expenses of $424,114, and net assets of $1,384,891.
Is Bethsaida Community Inc's revenue growing or declining?
Bethsaida Community Inc's revenue is growing. Revenue went from $320,385 (201712) to $1,059,300 (201812), a +230.6% change. Based on 8 filings on record.
What is Bethsaida Community Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bethsaida Community Inc covers tax period 201812. It shows revenue of $1,059,300, expenses of $424,114, total assets of $1,384,891, and liabilities of $59,289.
Is Bethsaida Community Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bethsaida Community Inc has notable concerns. Mission Score: 30/100 (Poor). 4 red flags identified. 1 strength noted.
What are the red flags for Bethsaida Community Inc?
The following concerns were identified: Total expenses consistently exceed total revenue across all reported years, indicating chronic financial instability.. The organization reports 0% program service accomplishments ('c0%') for all years, which is highly unusual and concerning.. Significant liabilities are reported, with 'l' values ranging from $59,289 to $634,353, suggesting potential financial strain.. Lack of detailed expense breakdown makes it impossible to determine how funds are being utilized.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bethsaida Community Inc's strengths?
Positive indicators for Bethsaida Community Inc include: None identifiable from the provided limited financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Bethsaida Community Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 'c0%' for program service accomplishments, what is the actual mission and operational output of Bethsaida Community Inc?
The provided data indicates no reported program service accomplishments, which is a critical red flag. Without further information, it's unclear what services, if any, the organization is delivering to fulfill its mission.
How does Bethsaida Community Inc sustain operations with consistent deficits (expenses exceeding revenue) over multiple years?
The organization consistently spends more than it earns, with deficits ranging from $11,005 in 2013 to $318,184 in 2017. This suggests reliance on accumulated assets, loans, or other undisclosed funding sources to cover operational costs, which is unsustainable long-term.
Filing History
IRS 990 filing history for Bethsaida Community Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Bethsaida Community Inc's revenue has grown by 40.4%, moving from $754K to $1.1M. Total assets increased by 15.1% over the same period, from $1.2M to $1.4M. Total functional expenses fell by 44.6%, from $765K to $424K. In its most recent filing year (2018), Bethsaida Community Inc reported a surplus of $635K, with revenue exceeding expenses. The organization holds $59K in liabilities against $1.4M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $1.1M | $424K | $1.4M | $59K | — | View 990 |
| 2017 | $320K | $423K | $1.2M | $530K | — | View 990 |
| 2016 | $309K | $423K | $1.3M | $537K | — | View 990 |
| 2015 | $875K | $568K | $1.4M | $539K | — | View 990 |
| 2014 | $764K | $701K | $1.2M | $612K | — | View 990 |
| 2013 | $720K | $712K | $1.1M | $588K | — | View 990 |
| 2012 | $706K | $746K | $1.2M | $629K | — | View 990 |
| 2011 | $754K | $765K | $1.2M | $634K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $1.1M, expenses of $424K, and assets of $1.4M (revenue +230.6% year-over-year).
- 2017: Revenue of $320K, expenses of $423K, and assets of $1.2M (revenue +3.8% year-over-year).
- 2016: Revenue of $309K, expenses of $423K, and assets of $1.3M (revenue -64.7% year-over-year).
- 2015: Revenue of $875K, expenses of $568K, and assets of $1.4M (revenue +14.5% year-over-year).
- 2014: Revenue of $764K, expenses of $701K, and assets of $1.2M (revenue +6.1% year-over-year).
- 2013: Revenue of $720K, expenses of $712K, and assets of $1.1M (revenue +2.0% year-over-year).
- 2012: Revenue of $706K, expenses of $746K, and assets of $1.2M (revenue -6.4% year-over-year).
- 2011: Revenue of $754K, expenses of $765K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethsaida Community Inc:
Data Sources and Methodology
This transparency report for Bethsaida Community 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.