Civic Intelligence

Bethany Foundation Council Bluff

990 • Fiscal year 2016 • EIN 42-1241419

Oct 01, 2015 to Sep 30, 2016 • Filed on Jul 27, 2017

7 Elliott StCouncil Bluffs, IA 51503

(712) 325-3514

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

72nd percentile

10.0%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

125%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,593,475

Up $326,071 (+10.0%) from 2015

Net Assets

Up

$3,588,766

Up $326,078 (+10.0%) from 2015

Liabilities

Down

$4,709

Down $7 (-0.1%) from 2015

Revenue

Up

$475,780

Up $264,444 (+125%) from 2015

Expenses

Down

$146,865

Down $9,517 (-6.1%) from 2015

Net Income

Up

$328,915

Up $273,961 (+499%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,404,309Liabilities 2010: $679Net Assets 2010: $2,403,6302010Assets 2011: $2,356,406Liabilities 2011: $1,137Net Assets 2011: $2,355,2692011Assets 2012: $2,763,477Liabilities 2012: $92,272Net Assets 2012: $2,671,2052012Assets 2013: $3,085,096Liabilities 2013: $3,393Net Assets 2013: $3,081,7032013Assets 2014: $3,450,606Liabilities 2014: $0Net Assets 2014: $3,450,6062014Assets 2015: $3,267,404Liabilities 2015: $4,716Net Assets 2015: $3,262,6882015Assets 2016: $3,593,475Liabilities 2016: $4,709Net Assets 2016: $3,588,7662016Assets 2017: $3,774,785Liabilities 2017: $0Net Assets 2017: $3,774,7852017Assets 2018: $4,120,890Liabilities 2018: $2,826Net Assets 2018: $4,118,0642018Assets 2019: $4,199,827Liabilities 2019: $0Net Assets 2019: $4,199,8272019Assets 2020: $4,363,935Liabilities 2020: $3,680Net Assets 2020: $4,360,2552020Assets 2021: $4,701,521Liabilities 2021: $0Net Assets 2021: $4,701,5212021Assets 2022: $4,409,819Liabilities 2022: $0Net Assets 2022: $4,409,8192022Assets 2023: $914,405Liabilities 2023: $0Net Assets 2023: $914,4052023Assets 2024: $677,345Liabilities 2024: $0Net Assets 2024: $677,3452024

Highlighted filing

2016

Assets$3,593,475
Liabilities$4,709
Net Assets$3,588,766

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $42,3142010Expenses 2011: $121,7232011Expenses 2012: $145,4772012Revenue 2013: $225,984Expenses 2013: $31,113Net Income 2013: $194,8712013Revenue 2014: $99,708Expenses 2014: $145,606Net Income 2014: -$45,8982014Revenue 2015: $211,336Expenses 2015: $156,382Net Income 2015: $54,9542015Revenue 2016: $475,780Expenses 2016: $146,865Net Income 2016: $328,9152016Revenue 2017: $357,706Expenses 2017: $114,340Net Income 2017: $243,3662017Revenue 2018: $588,127Expenses 2018: $102,541Net Income 2018: $485,5862018Revenue 2019: $138,172Expenses 2019: $86,748Net Income 2019: $51,4242019Revenue 2020: $179,954Expenses 2020: $91,302Net Income 2020: $88,6522020Revenue 2021: $307,539Expenses 2021: $106,118Net Income 2021: $201,4212021Revenue 2022: -$81,654Expenses 2022: $15,000Net Income 2022: -$96,6542022Revenue 2023: $808,196Expenses 2023: $4,208,002Net Income 2023: -$3,399,8062023Revenue 2024: $76,540Expenses 2024: $414,841Net Income 2024: -$338,3012024

Highlighted filing

2016

Revenue$475,780
Expenses$146,865
Net Income$328,915
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jul 27, 2017
Return Version
2015v3.0
Gross Receipts
$1,091,900
Mission and Program Overview

Mission

To support Bethany Lutheran Home of Council Bluffs, IA in carrying out it's mission.

To support programs, corporations, and services which carry out the health care and nursing health care of the health community in Council Bluffs and Iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,121,776$2,745,257▼ $376,519
Cash and Non-Interest-Bearing Accounts$145,628$152,473▲ $6,845
Total Assets$3,267,404$3,593,475▲ $326,071
Other Assets Total$0$695,745▲ $695,745
Liabilities
Accounts Payable and Accrued Expenses$4,716$4,709▼ $7
Total Liabilities$4,716$4,709▼ $7
Net Assets / Fund Balance
Unrestricted Net Assets$3,243,528$3,568,945▲ $325,417
Temporarily Rstr Net Assets$19,160$19,821▲ $661
Total Net Assets Fund Balance$3,262,688$3,588,766▲ $326,078
Total Liabilities and Net Assets / Fund Balance$3,267,404$3,593,475▲ $326,071

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$695,745--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John BrackerPresident (Began Jan 2016)
Eugene YoungPresident(Until Dec. 2015)
Rick GuillVice President(Began Jan 2016)
Monte BrackerVice President(Until Dec 2015)
Barb WoodsDirector
Roger CarlonDirector(Began Jan 2016)
Ken KemmishTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,260
Program Service Revenue
$0
Investment Income
$464,520
Other Revenue
$0
All Other Contributions
$9,075
Change in Net Assets
$328,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$124,871
Other Expenses$21,994
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$124,871--$124,871
Fees for Service Investment Mgmnt Fees-$17,569-$17,569
Fees for Services Accounting-$4,425-$4,425
Total Functional Expenses$124,871$21,994$0$146,865
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bethany Lutheran HomeCouncil Bluffs, IA501(c)(3)General Support$124,871
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,720
Fundraising Gross Income$4,720
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Monte Bracker and John Bracker have a family relationship.

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

The organization does not have committees with broad authority to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11

The governing body reviews the tax return for accuracy before it is filed.

Form 990, Part VI, Section C, line 19

The governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bethany Foundation Council Bluffs
EIN
42-1241419
Phone
7123253514
Address
7 Elliott St, Council Bluffs, IA 51503

Signing Officer

Name
Michael D Van Sickle
Title
COO Bethany Lutheran Home
Phone
7123289500
Signed
2017-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Bracker
Formed
1984
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Eide Bailly Llp
Address
200 EAST 10TH ST PO BOX 5125, SIOUX FALLS, SD 57117-5125
Preparer
Laurie Hanson
Phone
6053391999
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Bethany Foundation is organized as an Iowa nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code 501(c)(3). The organization is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. Bethany Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990T) with the IRS. The organization 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. Future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense would be recognized if such interest and penalties were incurred.

Raw XML Appendix393 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Bethany Foundation is organized as an Iowa nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code 501(c)(3). The organization is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. Bethany Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990T) with the IRS. The organization 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. Future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense would be recognized if such interest and penalties were incurred.
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Bethany Lutheran Home
IRS990ScheduleI/RecipientTable/RecipientEIN0421014553
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07 Elliott St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Council Bluffs
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd051530
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are provided to Bethany Lutheran Home of Council Bluffs, IA, as stated in the organizing documents. The investment policy directs the board to distribute up to 4 percent of its average balance of assets to Bethany Lutheran Home annually. The decision is recorded in the board minutes.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Monte Bracker and John Bracker have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization does not have committees with broad authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing body reviews the tax return for accuracy before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Bethany Lutheran Home
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Bethany Lutheran Home
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0421014553
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Nursing care for elderly patients
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07 Elliott St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Council Bluffs
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd051503
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt019160
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt019821
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03267404
IRS990/TotalAssetsEOYAmt03593475
IRS990/TotalAssetsGrp/BOYAmt03267404
IRS990/TotalAssetsGrp/EOYAmt03593475
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011260
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021994
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0124871
IRS990/TotalFunctionalExpensesGrp/TotalAmt0146865
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04716
IRS990/TotalLiabilitiesEOYAmt04709
IRS990/TotalLiabilitiesGrp/BOYAmt04716
IRS990/TotalLiabilitiesGrp/EOYAmt04709
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03262688
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03588766
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0124871
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0464520
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0475780
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03267404
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03593475
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03243528
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03568945
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07 Elliott Street
IRS990/USAddress/CityNm0Council Bluffs
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd051503
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.bethanylutheranhome.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael D Van Sickle
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO Bethany Lutheran Home
ReturnHeader/BusinessOfficerGrp/PhoneNum07123289500
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bethany Foundation Council Bluffs
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0421241419
ReturnHeader/Filer/PhoneNum07123253514
ReturnHeader/Filer/USAddress/AddressLine1Txt07 Elliott St
ReturnHeader/Filer/USAddress/CityNm0Council Bluffs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 EAST 10TH ST PO BOX 5125
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0571175125
ReturnHeader/PreparerPersonGrp/PhoneNum06053391999
ReturnHeader/PreparerPersonGrp/PreparationDt02017-07-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Laurie Hanson
ReturnHeader/ReturnTs02017-08-02T06:53:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.08$0.41$0.34
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.81$4.21$3.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.00$4.41$0.08$0.02$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.70$0.00$4.70$0.31$0.11$0.20
2020Detailed filing. Detailed filing data is available for this year.$4.36$0.00$4.36$0.18$0.09$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.20$0.14$0.09$0.05
2018Detailed filing. Detailed filing data is available for this year.$4.12$0.00$4.12$0.59$0.10$0.49
2017Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$0.36$0.11$0.24
2016Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.59$0.48$0.15$0.33
2015Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.26$0.21$0.16$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$0.10$0.15$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$0.00$3.08$0.23$0.03$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.09$2.67$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.00$2.36$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.00$2.40$0.04