Civic Intelligence

Bethany Home Care Inc

990 • Fiscal year 2017 • EIN 47-1278853

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 25, 2018

97 Bethany RoadFramingham, MA 01702

(508) 270-8652

Siviq Scores

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

Liabilities / Assets

100th percentile

7.35x

Higher debt load relative to assets than 100% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

1.74x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

5th percentile

-58%

Higher net margin than 5% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$148,979

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 28.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

8th percentile

-21%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$122,037

Down $32,957 (-21%) from 2016

Net Assets

Down

-$774,753

Down $297,545 (-62%) from 2016

Liabilities

Up

$896,790

Up $264,588 (+42%) from 2016

Revenue

Up

$515,714

Up $110,243 (+27%) from 2016

Expenses

Up

$813,259

Up $106,370 (+15%) from 2016

Net Income

Up

-$297,545

Up $3,873 (+1.3%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2015: $104,119Liabilities 2015: $279,909Net Assets 2015: -$175,7902015Assets 2016: $154,994Liabilities 2016: $632,202Net Assets 2016: -$477,2082016Assets 2017: $122,037Liabilities 2017: $896,790Net Assets 2017: -$774,7532017Assets 2018: $121,735Liabilities 2018: $1,198,354Net Assets 2018: -$1,076,6192018Assets 2019: $157,244Liabilities 2019: $1,505,033Net Assets 2019: -$1,347,7892019Assets 2020: $102,313Liabilities 2020: $1,771,871Net Assets 2020: -$1,669,5582020Assets 2021: $147,681Liabilities 2021: $1,906,684Net Assets 2021: -$1,759,0032021Assets 2022: $142,157Liabilities 2022: $2,066,079Net Assets 2022: -$1,923,9222022Assets 2023: $42,478Liabilities 2023: $31,459Net Assets 2023: $11,0192023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$122,037
Liabilities$896,790
Net Assets-$774,753

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $76,650Expenses 2015: $252,440Net Income 2015: -$175,7902015Revenue 2016: $405,471Expenses 2016: $706,889Net Income 2016: -$301,4182016Revenue 2017: $515,714Expenses 2017: $813,259Net Income 2017: -$297,5452017Revenue 2018: $612,146Expenses 2018: $914,012Net Income 2018: -$301,8662018Revenue 2019: $628,281Expenses 2019: $899,451Net Income 2019: -$271,1702019Revenue 2020: $583,263Expenses 2020: $905,032Net Income 2020: -$321,7692020Revenue 2021: $799,094Expenses 2021: $888,539Net Income 2021: -$89,4452021Revenue 2022: $741,573Expenses 2022: $906,492Net Income 2022: -$164,9192022Revenue 2023: $265,029Expenses 2023: $339,863Net Income 2023: -$74,8342023Revenue 2024: $32,774Expenses 2024: $43,793Net Income 2024: -$11,0192024

Highlighted filing

2017

Revenue$515,714
Expenses$813,259
Net Income-$297,545
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$515,714
Mission and Program Overview

Mission

The mission of bethany at home is to provide client-centered care and approach service delivery in a manner that engages the client and those involved in their care. We focus on keeping clients in their home while keeping a connection with the world around them.

Provide client-centered care and approach service delivery in a manner that engages the client.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$104,816$81,428▼ $23,388
Cash and Non-Interest-Bearing Accounts$37,411$24,535▼ $12,876
Land, Buildings, and Equipment, Net$11,763$11,060▼ $703
Prepaid Expenses and Deferred Charges-$4,010-
Total Assets$154,994$122,037▼ $32,957
Other Assets Total$1,004$1,004→ $0
Liabilities
Other Liabilities$566,225$814,775▲ $248,550
Accounts Payable and Accrued Expenses$65,977$82,015▲ $16,038
Total Liabilities$632,202$896,790▲ $264,588
Net Assets / Fund Balance
Unrestricted Net Assets$-477,208$-774,753▼ $297,545
Total Net Assets Fund Balance$-477,208$-774,753▼ $297,545
Total Liabilities and Net Assets / Fund Balance$154,994$122,037▼ $32,957

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,359$912$11,271
Equipment$701$390$1,091
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sr Jacquelyn MccarthyCEO/administrator-$6,773$142,206$148,979
Linda StylesController-$3,631$88,092$91,723
Jayne KelleherAdministratorFT$78,601$11,708$90,309

Board Members and Trustees

NameTitle
Sr Rosemary BrennanPresident & Board Chair
Sr Maureen DohertySecretary
Sr Lee HoganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$515,714
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-297,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$783,980
Other Expenses$29,279
Total Fundraising Expense$421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$538,723--$538,723
Current Officers, Directors, Trustees, and Key Employees$102,893-$421$103,314
Other Employee Benefits$89,346--$89,346
Payroll Taxes$52,597--$52,597
Insurance$11,760--$11,760
Fees for Services Other-$6,153-$6,153
Office Expenses$4,851$223-$5,074
Fees for Services Accounting-$3,200-$3,200
Travel$1,821--$1,821
Depreciation Depletion$703--$703
Advertising$493--$493
Conferences and Meetings$75--$75
Total Functional Expenses$803,262$9,576$421$813,259
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 to Bethany Health Care Center$814,775
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 7A

The trustees elect members of the governing board.

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

The decisions of the governing board are subject to approval by the trustees.

Form 990, Part VI, Section B, Line 11B

A complete copy of the form 990 is reviewed by the organization's top management and finance committee members prior to filing with the irs.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Bethany Home Care Inc
EIN
47-1278853
Phone
5082708652
Address
97 BETHANY ROAD, FRAMINGHAM, MA 01702
Doing Business As
Bethany at Home

Signing Officer

Name
Sr Jacquelyn Mccarthy
Title
CEO/administrator
Phone
5082708652
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sr Jacquelyn Mccarthy
Formed
2014
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
45
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
300 CROWN COLONY DRIVE SUITE 310, QUINCY, MA 02169
Preparer
Ivy Beckham
Phone
6179848100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes on related income pursuant to section 501(a) of the code.

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IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PROCESS FOR DETERMINING OFFICER'S COMPENSATION WAS PERFORMED BY BETHANY HEALTH CARE, INC., A RELATED ORGANIZATION. COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER (CEO) BEGINS WITH AN ANALYSIS PERFORMED BY THE DIRECTOR OF HUMAN RESOURCES BY COMPARING COMPENSATION TO SIMILAR POSITIONS LOCATED IN SIMILAR ORGANIZATIONS. THE ANALYSIS IS THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL. ALL DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE DOCUMENTED IN THE CORPORATE MINUTES. COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES BEGINS WITH AN ANALYSIS PERFORMED BY THE DIRECTOR OF HUMAN RESOURCES, COMPARING COMPENSATION TO SIMILAR POSITIONS LOCATED IN SIMILAR ORGANIZATIONS, WHICH IS PRESENTED TO THE CEO FOR REVIEW AND APPROVAL. THE MOST RECENT PROCESS WAS PERFORMED IN DECEMBER 2012.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEES ELECT MEMBERS OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DECISIONS OF THE GOVERNING BOARD ARE SUBJECT TO APPROVAL BY THE TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COMPLETE COPY OF THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TOP MANAGEMENT AND FINANCE COMMITTEE MEMBERS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BETHANY HEALTH CARE CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH OF BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042104039
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LONG TERM CARE FACILITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1RELIGIOUS ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt097 BETHANY ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1637 CAMBRIDGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FRAMINGHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BOSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001702
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102135
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0154994
IRS990/TotalAssetsEOYAmt0122037
IRS990/TotalAssetsGrp/BOYAmt0154994
IRS990/TotalAssetsGrp/EOYAmt0122037
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0421
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09576
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0803262
IRS990/TotalFunctionalExpensesGrp/TotalAmt0813259
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0632202
IRS990/TotalLiabilitiesEOYAmt0896790
IRS990/TotalLiabilitiesGrp/BOYAmt0632202
IRS990/TotalLiabilitiesGrp/EOYAmt0896790
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-477208
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-774753
IRS990/TotalOtherCompensationAmt044318
IRS990/TotalProgramServiceExpensesAmt0803262
IRS990/TotalProgramServiceRevenueAmt0515714
IRS990/TotalReportableCompFromOrgAmt089005
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0515714
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0515714
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0154994
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0122037
IRS990/TotReportableCompRltdOrgAmt0197688
IRS990/TravelGrp/ProgramServicesAmt01821
IRS990/TravelGrp/TotalAmt01821
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-477208
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-774753
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt097 BETHANY ROAD
IRS990/USAddress/CityNm0FRAMINGHAM
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001702
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BETHANYHEALTHCARE.ORG/HOMECARE
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SR JACQUELYN MCCARTHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05082708652
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHANY HOME CARE INC
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0471278853
ReturnHeader/Filer/PhoneNum05082708652
ReturnHeader/Filer/USAddress/AddressLine1Txt097 BETHANY ROAD
ReturnHeader/Filer/USAddress/CityNm0FRAMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001702
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0839A7130264BF8A4AA8E0E9B35915F0C6C2A2968
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B5F0C61FC85F921E2EFE2949432A568BEBE7A301
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02018-10-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:59:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 CROWN COLONY DRIVE SUITE 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002169
ReturnHeader/PreparerPersonGrp/PhoneNum06179848100

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