Civic Intelligence

Bethany Lutheran Foundation Inc.

990 • Fiscal year 2015 • EIN 20-1569453

Jul 01, 2014 to Jun 30, 2015 • Filed on May 04, 2016

1901 South Holly AvenueSioux Falls, SD 57105

(605) 338-2351

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.17x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

6.05x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

30th percentile

-4.0%

Higher net margin than 30% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$68,496

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 68.3% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

76th percentile

23%

Faster revenue growth than 76% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$519,087

Up $51,510 (+11%) from 2014

Net Assets

Down

-$86,884

Down $7,769 (-9.8%) from 2014

Liabilities

Up

$605,971

Up $59,279 (+11%) from 2014

Revenue

Up

$100,240

Up $18,768 (+23%) from 2014

Expenses

Down

$104,215

Down $16,516 (-14%) from 2014

Net Income

Up

-$3,975

Up $35,284 (+90%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2011: $168,825Liabilities 2011: $243,559Net Assets 2011: -$74,7342011Assets 2012: $359,861Liabilities 2012: $424,548Net Assets 2012: -$64,6872012Assets 2013: $405,044Liabilities 2013: $470,858Net Assets 2013: -$65,8142013Assets 2014: $467,577Liabilities 2014: $546,692Net Assets 2014: -$79,1152014Assets 2015: $519,087Liabilities 2015: $605,971Net Assets 2015: -$86,8842015Assets 2016: $429,678Liabilities 2016: $614,257Net Assets 2016: -$184,5792016Assets 2017: $479,086Liabilities 2017: $646,068Net Assets 2017: -$166,9822017Assets 2018: $458,377Liabilities 2018: $677,458Net Assets 2018: -$219,0812018Assets 2019: $518,829Liabilities 2019: $0Net Assets 2019: $518,8292019Assets 2020: $591,408Liabilities 2020: $4,190Net Assets 2020: $587,2182020Assets 2021: $735,075Liabilities 2021: $5,151Net Assets 2021: $729,9242021Assets 2022: $695,403Liabilities 2022: $44,135Net Assets 2022: $651,2682022Assets 2023: $645,953Liabilities 2023: $8,084Net Assets 2023: $637,8692023Assets 2024: $684,354Liabilities 2024: $8,930Net Assets 2024: $675,4242024Assets 2025: $608,155Liabilities 2025: $9,983Net Assets 2025: $598,1722025

Highlighted filing

2015

Assets$519,087
Liabilities$605,971
Net Assets-$86,884

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100K-$200KExpenses 2011: $85,8452011Expenses 2012: $130,1722012Revenue 2013: $89,814Expenses 2013: $86,929Net Income 2013: $2,8852013Revenue 2014: $81,472Expenses 2014: $120,731Net Income 2014: -$39,2592014Revenue 2015: $100,240Expenses 2015: $104,215Net Income 2015: -$3,9752015Revenue 2016: $78,609Expenses 2016: $155,304Net Income 2016: -$76,6952016Revenue 2017: $89,977Expenses 2017: $85,008Net Income 2017: $4,9692017Revenue 2018: $115,036Expenses 2018: $165,568Net Income 2018: -$50,5322018Revenue 2019: $90,324Expenses 2019: $53,386Net Income 2019: $36,9382019Revenue 2020: $98,121Expenses 2020: $18,391Net Income 2020: $79,7302020Revenue 2021: $58,182Expenses 2021: $4,512Net Income 2021: $53,6702021Revenue 2022: $151,410Expenses 2022: $108,156Net Income 2022: $43,2542022Revenue 2023: $95,090Expenses 2023: $131,991Net Income 2023: -$36,9012023Revenue 2024: $97,105Expenses 2024: $68,193Net Income 2024: $28,9122024Revenue 2025: $94,762Expenses 2025: $195,062Net Income 2025: -$100,3002025

Highlighted filing

2015

Revenue$100,240
Expenses$104,215
Net Income-$3,975
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 4, 2016
Return Version
2014v6.0
Gross Receipts
$112,437
Mission and Program Overview

Mission

The Bethany Lutheran Foundation's primary focus is to raise funds to aid in the continuing operations of Bethany Lutheran Home for the Aged Inc.

To raise funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$343,645$347,641▲ $3,996
Savings and Temporary Cash Investments$85,917$95,964▲ $10,047
Pledges and Grants Receivable-$36,127-
Total Assets$467,577$519,087▲ $51,510
Other Assets Total$38,015$39,355▲ $1,340
Liabilities
Other Liabilities$546,417$589,924▲ $43,507
Accounts Payable and Accrued Expenses$275$16,047▲ $15,772
Total Liabilities$546,692$605,971▲ $59,279
Net Assets / Fund Balance
Permanently Rstr Net Assets$38,015$39,355▲ $1,340
Unrestricted Net Assets$-117,130$-126,239▼ $9,109
Total Net Assets Fund Balance$-79,115$-86,884▼ $7,769
Total Liabilities and Net Assets / Fund Balance$467,577$519,087▲ $51,510

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$39,355--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Trevor GuthmillerFoundation Director Until 11/2014PT$68,496$68,496
Carmen J DoughertyFoundation Director From 11/2014PT$51,859$51,859

Board Members and Trustees

NameTitle
Norris EinertsonPresident
James SandenVice President
Doug LarsenSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$67,799
Program Service Revenue
$0
Investment Income
$10,552
Other Revenue
$21,889
All Other Contributions
$66,799
Change in Net Assets
$-3,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$47,203
Salaries, Compensation, and Employee Benefits$42,070
Total Fundraising Expense$22,680
Other Expenses$14,942
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$47,203--$47,203
Current Officers, Directors, Trustees, and Key Employees-$19,852$19,852$39,704
Office Expenses-$3,227$1,645$4,872
Fees for Services Accounting-$3,218-$3,218
All Other Expenses$1,260$1,735-$2,995
Payroll Taxes-$1,183$1,183$2,366
Fees for Service Investment Mgmnt Fees-$2,113-$2,113
Advertising-$1,100-$1,100
Other Expenses-$465-$465
Travel-$179-$179
Total Functional Expenses$48,463$33,072$22,680$104,215
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bethany Lutheran Home for the AgedIncSioux Falls, SD-General surpport of operation of nursing homes.$47,023
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,086
Fundraising Direct Expenses$12,197
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Curt Alberty Memorial Golf Tourney$18,388$17,388$1,533$15,855
Total Events$18,388$17,388$9,287$8,101
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due from Bethany Lutheran Home$589,924
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Foundation has one Member, Bethany Lutheran Home for the Aged, Inc., a South Dakota nonprofit corporation.

Form 990, Part VI, Section A, line 7A

The Member shall appoint the Board of Directors of the Foundation.

Form 990, Part VI, Section A, line 7B

All rights of the Member of the corporation, whether voting rights or otherwise, shall be exercised, and all actions permitted or required by the Member shall be taken, only upon due authorization thereof by its Board of Directors, and no person, whether a Director, officer or otherwise, may act individually on behalf of the Member unless first authorized to do so by resolution of its Board of Directors.

Form 990, Part VI, Section A, line 8B

During the year ended June 30, 2015, there were no separate committees for the Foundation.

Form 990, Part VI, Section B, line 11

The Foundation Director along with the Executive Director and CFO of Bethany Lutheran Home will review the return. A copy of the tax return will be e-mailed to all board members.

Form 990, Part VI, Section B, line 12C

Officers and Directors are required to complete conflict of interest questionnaires which are monitored and tracked. The questionnaires are reviewed by the Board for any possible conflicts with any noted conflicts being brought to management's attention. Conflicts are also reviewed at the Board level. After a conflict is deemed to exist, the individual(s) involved must abstain from the discussion and vote related to the issue.

Form 990, Part VI, Section B, line 15

Bethany Lutheran Foundation does not pay compensation. Instead, persons doing work for the Foundation are compensated through Bethany Lutheran Home, and the policies of the Home are used for determining compensation. Bethany Home creates an annual budget that includes salary increases for all staff. This budget is presented to the Board with an explanation of what salary increases were built in to the budget. The Board approves the budget and salary increases for all staff for the next fiscal year. The increase to compensation for all staff must then be at or below the approved increase in the budget. The compensation changes are implemented on the employee's anniversary date after an employee evaluation has been completed and documented.

Form 990, Part VI, Section C, line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Bethany Lutheran Foundation Inc
EIN
20-1569453
Phone
6053382351
Address
1901 South Holly Avenue, Sioux Falls, SD 57105

Signing Officer

Name
James F Sanden
Title
Vice President
Phone
6053382351
Signed
2016-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Norris Einertson
Formed
2004
Legal Domicile
Sd
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
43

Preparer

Firm
Eide Bailly LLP
Address
200 East 10th Street Suite 500, Sioux Falls, SD 57117-5125
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The Board of directors for Bethany Lutheran Home assumes responsibility for oversight of the audit and selection of an independent accountant.

Financial Statement Notes

Part X, Line 2:

Bethany Lutheran Home for the Aged and Bethany Lutheran Foundation, Inc. are organized as South Dakota nonprofit corporations and have been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Each corporation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. Each corporation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Each corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

Raw XML AppendixShowing 400 of 422 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0275
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016047
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To raise funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01100
IRS990/AdvertisingGrp/TotalAmt01100
IRS990/AllOtherContributionsAmt066799
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01735
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01260
IRS990/AllOtherExpensesGrp/TotalAmt02995
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Neil Frizzell
IRS990/BooksInCareOfDetail/PhoneNum06055825252
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03012 E Aspen Boulevard
IRS990/BooksInCareOfDetail/USAddress/CityNm0Brandon
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057005
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt019852
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt019852
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt039704
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt01000
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt067799
IRS990/CYGrantsAndSimilarPaidAmt047203
IRS990/CYInvestmentIncomeAmt010552
IRS990/CYOtherExpensesAmt014942
IRS990/CYOtherRevenueAmt021889
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3975
IRS990/CYSalariesCompEmpBnftPaidAmt042070
IRS990/CYTotalExpensesAmt0104215
IRS990/CYTotalFundraisingExpenseAmt022680
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0100240
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Bethany Lutheran Foundation raised funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows. One event was held during the year and grants in the amount of $47,203 were provided to Bethany Lutheran Home and Bethany Meadows.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt048463
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03218
IRS990/FeesForServicesAccountingGrp/TotalAmt03218
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt02113
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02113
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt327.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt313.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt432.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Norris Einertson
IRS990/Form990PartVIISectionAGrp/PersonNm1James Sanden
IRS990/Form990PartVIISectionAGrp/PersonNm2Doug Larsen
IRS990/Form990PartVIISectionAGrp/PersonNm3Carmen J Dougherty
IRS990/Form990PartVIISectionAGrp/PersonNm4Trevor Guthmiller
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt351859
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt468496
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Foundation Director From 11/2014
IRS990/Form990PartVIISectionAGrp/TitleTxt4Foundation Director Until 11/2014
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt01000
IRS990/FundraisingDirectExpensesAmt012197
IRS990/FundraisingGrossIncomeAmt034086
IRS990/GainOrLossGrp/SecuritiesAmt0666
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt047203
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt047203
IRS990/GrantsToDomesticOrgsGrp/TotalAmt047203
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0666
IRS990/GrossReceiptsAmt0112437
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt09886
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09886
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0343645
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0347641
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Bethany Lutheran Foundation's primary focus is to raise funds to aid in the continuing operations of Bethany Lutheran Home and Bethany Meadows.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-79115
IRS990/NetAssetsOrFundBalancesEOYAmt0-86884
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0666
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0666
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt021889
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt021889
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-3794
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01645
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03227
IRS990/OfficeExpensesGrp/TotalAmt04872
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038015
IRS990/OtherAssetsTotalGrp/EOYAmt039355
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Dues, License & Reg Exp
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0465
IRS990/OtherExpensesGrp/TotalAmt0465
IRS990/OtherLiabilitiesGrp/BOYAmt0546417
IRS990/OtherLiabilitiesGrp/EOYAmt0589924
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01183
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01183
IRS990/PayrollTaxesGrp/TotalAmt02366
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt038015
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt039355
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036127
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Norris Einertson
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt068554
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03254
IRS990/PYOtherExpensesAmt049749
IRS990/PYOtherRevenueAmt09664
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-39259
IRS990/PYSalariesCompEmpBnftPaidAmt070982
IRS990/PYTotalExpensesAmt0120731
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt081472
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3975
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt085917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095964
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0460233029
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt047203
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Bethany Lutheran Home for the Aged Inc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt047203
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt039355
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial interest in a community foundation fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0589924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due from Bethany Lutheran Home
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Bethany Lutheran Home for the Aged and Bethany Lutheran Foundation, Inc. are organized as South Dakota nonprofit corporations and have been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Each corporation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. Each corporation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Each corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt039355
IRS990ScheduleD/TotalLiabilityAmt0589924
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09287
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Curt Alberty Memorial Golf Tourney
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017388
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08101
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02634
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02634
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01533
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01533
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt05120
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05120
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt047023
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General surpport of operation of nursing homes.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Bethany Lutheran Home for the AgedInc
IRS990ScheduleI/RecipientTable/RecipientEIN0460233029
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01901 S Holly Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Sioux Falls
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057105
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation has one Member, Bethany Lutheran Home for the Aged, Inc., a South Dakota nonprofit corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Member shall appoint the Board of Directors of the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All rights of the Member of the corporation, whether voting rights or otherwise, shall be exercised, and all actions permitted or required by the Member shall be taken, only upon due authorization thereof by its Board of Directors, and no person, whether a Director, officer or otherwise, may act individually on behalf of the Member unless first authorized to do so by resolution of its Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During the year ended June 30, 2015, there were no separate committees for the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Foundation Director along with the Executive Director and CFO of Bethany Lutheran Home will review the return. A copy of the tax return will be e-mailed to all board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Officers and Directors are required to complete conflict of interest questionnaires which are monitored and tracked. The questionnaires are reviewed by the Board for any possible conflicts with any noted conflicts being brought to management's attention. Conflicts are also reviewed at the Board level. After a conflict is deemed to exist, the individual(s) involved must abstain from the discussion and vote related to the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bethany Lutheran Foundation does not pay compensation. Instead, persons doing work for the Foundation are compensated through Bethany Lutheran Home, and the policies of the Home are used for determining compensation. Bethany Home creates an annual budget that includes salary increases for all staff. This budget is presented to the Board with an explanation of what salary increases were built in to the budget. The Board approves the budget and salary increases for all staff for the next fiscal year. The increase to compensation for all staff must then be at or below the approved increase in the budget. The compensation changes are implemented on the employee's anniversary date after an employee evaluation has been completed and documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Board of directors for Bethany Lutheran Home assumes responsibility for oversight of the audit and selection of an independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Bethany Lutheran Home for the Aged
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0460233029
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Long-term care and assisted living
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01901 S Holly Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Sioux Falls
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd057105
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0467577
IRS990/TotalAssetsEOYAmt0519087
IRS990/TotalAssetsGrp/BOYAmt0467577
IRS990/TotalAssetsGrp/EOYAmt0519087
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt067799
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022680
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033072
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt048463
IRS990/TotalFunctionalExpensesGrp/TotalAmt0104215
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0546692
IRS990/TotalLiabilitiesEOYAmt0605971
IRS990/TotalLiabilitiesGrp/BOYAmt0546692
IRS990/TotalLiabilitiesGrp/EOYAmt0605971
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-79115
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-86884
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt048463
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032441
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100240
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt043
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0467577
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0519087
IRS990/TotReportableCompRltdOrgAmt0120355
IRS990/TravelGrp/ManagementAndGeneralAmt0179
IRS990/TravelGrp/TotalAmt0179
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-117130
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-126239
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01901 South Holly Avenue
IRS990/USAddress/CityNm0Sioux Falls
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057105
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.foundationforbethany.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0James F Sanden
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum06053382351
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-04

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.08$0.10$5.98$0.95$1.95$1.00
2024Detailed filing. Detailed filing data is available for this year.$6.84$0.09$6.75$0.97$0.68$0.29
2023Detailed filing. Detailed filing data is available for this year.$6.46$0.08$6.38$0.95$1.32$0.37
2022Detailed filing. Detailed filing data is available for this year.$6.95$0.44$6.51$1.51$1.08$0.43
2021Detailed filing. Detailed filing data is available for this year.$7.35$0.05$7.30$0.58$0.05$0.54
2020Detailed filing. Detailed filing data is available for this year.$5.91$0.04$5.87$0.98$0.18$0.80
2019Detailed filing. Detailed filing data is available for this year.$5.19$0.00$5.19$0.90$0.53$0.37
2018Detailed filing. Detailed filing data is available for this year.$4.58$6.77$2.19$1.15$1.66$0.51
2017Detailed filing. Detailed filing data is available for this year.$4.79$6.46$1.67$0.90$0.85$0.05
2016Detailed filing. Detailed filing data is available for this year.$4.30$6.14$1.85$0.79$1.55$0.77
2015Detailed filing. Detailed filing data is available for this year.$5.19$6.06$0.87$1.00$1.04$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.68$5.47$0.79$0.81$1.21$0.39
2013Summary only. Only limited summary data is available for this year.$4.05$4.71$0.66$0.90$0.87$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$4.25$0.65$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$2.44$0.75$0.86