Civic Intelligence

Bethany Inc.

990 • Fiscal year 2019 • EIN 52-1807403

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 29, 2020

1715 V Street SE No 102Washington, DC 20020

(202) 678-4084

Siviq Scores

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

Liabilities / Assets

57th percentile

0.06x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.32x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

26th percentile

-4.1%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$865,100

Down $36,520 (-4.1%) from 2018

Net Assets

Down

$816,820

Down $30,547 (-3.6%) from 2018

Liabilities

Down

$48,280

Down $5,973 (-11%) from 2018

Revenue

Up

$150,657

Up $31,770 (+27%) from 2018

Expenses

Up

$181,204

Up $20,941 (+13%) from 2018

Net Income

Up

-$30,547

Up $10,829 (+26%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,170,429Liabilities 2010: $96,391Net Assets 2010: $1,074,0382010Assets 2011: $1,301,803Liabilities 2011: $104,908Net Assets 2011: $1,196,8952011Assets 2012: $1,164,347Liabilities 2012: $57,660Net Assets 2012: $1,106,6872012Assets 2013: $1,239,483Liabilities 2013: $16,574Net Assets 2013: $1,222,9092013Assets 2014: $1,133,176Liabilities 2014: $78,135Net Assets 2014: $1,055,0412014Assets 2015: $941,423Liabilities 2015: $45,711Net Assets 2015: $895,7122015Assets 2016: $997,117Liabilities 2016: $29,724Net Assets 2016: $967,3932016Assets 2017: $932,723Liabilities 2017: $43,980Net Assets 2017: $888,7432017Assets 2018: $901,620Liabilities 2018: $54,253Net Assets 2018: $847,3672018Assets 2019: $865,100Liabilities 2019: $48,280Net Assets 2019: $816,8202019Assets 2020: $799,392Liabilities 2020: $45,440Net Assets 2020: $753,9522020Assets 2021: $765,442Liabilities 2021: $60,629Net Assets 2021: $704,8132021Assets 2022: $676,632Liabilities 2022: $39,909Net Assets 2022: $636,7232022Assets 2023: $588,085Liabilities 2023: $51,749Net Assets 2023: $536,3362023Assets 2024: $565,147Liabilities 2024: $75,516Net Assets 2024: $489,6312024Assets 2025: $829,615Liabilities 2025: $0Net Assets 2025: $829,6152025

Highlighted filing

2019

Assets$865,100
Liabilities$48,280
Net Assets$816,820

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $279,6002010Expenses 2011: $239,2182011Expenses 2012: $277,1232012Expenses 2013: $234,5642013Revenue 2014: $92,345Expenses 2014: $297,683Net Income 2014: -$205,3382014Revenue 2015: $143,024Expenses 2015: $302,353Net Income 2015: -$159,3292015Revenue 2016: $321,990Expenses 2016: $250,309Net Income 2016: $71,6812016Revenue 2017: $81,508Expenses 2017: $160,158Net Income 2017: -$78,6502017Revenue 2018: $118,887Expenses 2018: $160,263Net Income 2018: -$41,3762018Revenue 2019: $150,657Expenses 2019: $181,204Net Income 2019: -$30,5472019Revenue 2020: $112,901Expenses 2020: $175,769Net Income 2020: -$62,8682020Revenue 2021: $151,483Expenses 2021: $200,622Net Income 2021: -$49,1392021Revenue 2022: $145,571Expenses 2022: $213,661Net Income 2022: -$68,0902022Revenue 2023: $108,570Expenses 2023: $208,957Net Income 2023: -$100,3872023Revenue 2024: $106,285Expenses 2024: $152,990Net Income 2024: -$46,7052024Revenue 2025: $497,044Expenses 2025: $157,060Net Income 2025: $339,9842025

Highlighted filing

2019

Revenue$150,657
Expenses$181,204
Net Income-$30,547
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 29, 2020
Return Version
2018v3.2
Gross Receipts
$150,657
Mission and Program Overview

Mission

The articles of incorporation were amended unanimously in a meeting held on september 15, 2025 to update the general purposes of the corporation to provide supportive services to children to enhance their learning and growing environments and receive contributions, removing the previous purposes to make adequate shelter available and providing social services to homeless, poor and underprivileged residents of the washington, d.c. Metropolitan area.

Bethany, inc. Participates in the rapid rehousing program with the district of columbia. The rapid rehousing program encompasses external case management and goal-setting with barriers to housing being identified and addressed while full payment of rent is provided to bethany inc. During the twelve-month lease term. In-house supportive services include group therapy sessions, case management services as well as referral services to outside programs. Gainful employment is expected and must be maintained. Permanent housing goals are revisited at the end of the lease term and discussions of self sufficiency become more concrete.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$701,875$683,575▼ $18,300
Cash and Non-Interest-Bearing Accounts$195,040$156,766▼ $38,274
Accounts Receivable-$15,159-
Prepaid Expenses and Deferred Charges$4,705$9,600▲ $4,895
Total Assets$901,620$865,100▼ $36,520
Liabilities
Accounts Payable and Accrued Expenses$25,958$27,095▲ $1,137
Unsecured Notes Loans Payable$20,000$20,000→ $0
Other Liabilities$8,295--
Deferred Revenue-$1,185-
Total Liabilities$54,253$48,280▼ $5,973
Net Assets / Fund Balance
Unrestricted Net Assets$647,117$666,570▲ $19,453
Temporarily Rstr Net Assets$200,250$150,250▼ $50,000
Total Net Assets Fund Balance$847,367$816,820▼ $30,547
Total Liabilities and Net Assets / Fund Balance$901,620$865,100▼ $36,520

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$659,472$435,935$1,095,407
Equipment$10,103$7,700$17,803
Land$14,000-$14,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laura BarnesPresident
Margie SteadhamSecretary
Nicole VaughanTreasurer
P Carol Builard-batesVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$98,910
Program Service Revenue
$50,883
Investment Income
$306
Other Revenue
$558
All Other Contributions
$49,704
Change in Net Assets
$-30,547

Audited Revenue Reconciliation

Revenue per Audited Statements
$150,657
Total Revenue per Audited Statements
$150,657
Total Revenue per Form 990
$150,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,136
Salaries, Compensation, and Employee Benefits$40,068
Total Fundraising Expense$3,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,211$4,790$1,842$36,843
Depreciation Depletion$29,527--$29,527
All Other Expenses$8,146$3,657$1,356$13,159
Other Expenses$10,333$9,710-$10,333
Insurance$6,356$1,008$388$7,752
Payroll Taxes$2,645$419$161$3,225
Total Functional Expenses$157,873$19,584$3,747$181,204

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$181,204
Total Expenses per Audited Statements$181,204
Total Expenses per Form 990$181,204
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by all board members in addition to the executive director and approved accordingly.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest is monitored at board meetings and reviewed by management as policies are developed.

Form 990, Page 6, Part VI, Line 19

Are available upon request.

Filing and Contact Details

Filer

Filer Name
Bethany Inc
EIN
52-1807403
Phone
2026784084
Address
1715 V STREET SE NO 102, WASHINGTON, DC 20020

Signing Officer

Name
P Carol Builard-bates
Title
Vice-president
Phone
2026784084
Signed
2020-06-29

Organization Details

Principal Officer
P Carol Builard-bates
Formed
1993
Legal Domicile
Dc
Voting Board Members
4
Independent Board Members
4
Employees
2

Preparer

Firm
FARMER & FIRST PC CPA'S
Address
6 STATE ST, WARREN, RI 02885-3120
Preparer
Robert First CPA
Phone
4012471040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bethany, inc. Participates in the rapid rehousing program with the district of columbia. The rapid rehousing program encompasses external case management and goal-setting with barriers to housing being identified and addressed while full payment of rent is provided to bethany inc. During the twelve-month lease term. In-house supportive services include group therapy sessions, case management services as well as referral services to outside programs. Gainful employment is expected and must be maintained. Permanent housing goals are revisited at the end of the lease term and discussions of self sufficiency become more concrete.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BETHANY, INC. PARTICIPATES IN THE RAPID REHOUSING PROGRAM WITH THE DISTRICT OF COLUMBIA. THE RAPID REHOUSING PROGRAM ENCOMPASSES EXTERNAL CASE MANAGEMENT AND GOAL-SETTING WITH BARRIERS TO HOUSING BEING IDENTIFIED AND ADDRESSED WHILE FULL PAYMENT OF RENT IS PROVIDED TO BETHANY INC. DURING THE TWELVE-MONTH LEASE TERM. IN-HOUSE SUPPORTIVE SERVICES INCLUDE GROUP THERAPY SESSIONS, CASE MANAGEMENT SERVICES AS WELL AS REFERRAL SERVICES TO OUTSIDE PROGRAMS. GAINFUL EMPLOYMENT IS EXPECTED AND MUST BE MAINTAINED. PERMANENT HOUSING GOALS ARE REVISITED AT THE END OF THE LEASE TERM AND DISCUSSIONS OF SELF SUFFICIENCY BECOME MORE CONCRETE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY ALL BOARD MEMBERS IN ADDITION TO THE EXECUTIVE DIRECTOR AND APPROVED ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST IS MONITORED AT BOARD MEETINGS AND REVIEWED BY MANAGEMENT AS POLICIES ARE DEVELOPED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150657
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IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt020000
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IRS990/WebsiteAddressTxt0HTTP://WWW.BETHANYINC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0P CAROL BUILARD-BATES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02026784084
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHANY INC
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0521807403
ReturnHeader/Filer/PhoneNum02026784084
ReturnHeader/Filer/USAddress/AddressLine1Txt01715 V STREET SE NO 102
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F0F18893475A5D80C178EFE812102C80DE006AC2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01D678D9767F5368743EE11F0BACEB0FD965198AA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.99.158.189
ReturnHeader/FilingSecurityInformation/IPDt02020-07-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm022:48:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050519103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FARMER & FIRST PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 STATE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARREN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0028853120
ReturnHeader/PreparerPersonGrp/PhoneNum04012471040
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT FIRST CPA
ReturnHeader/ReturnTs02020-07-15T22:48:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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.$0.83$0.00$0.83$0.50$0.16$0.34
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.08$0.49$0.11$0.15$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.05$0.54$0.11$0.21$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.04$0.64$0.15$0.21$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.06$0.70$0.15$0.20$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.05$0.75$0.11$0.18$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.05$0.82$0.15$0.18$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.05$0.85$0.12$0.16$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.04$0.89$0.08$0.16$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.97$0.32$0.25$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.05$0.90$0.14$0.30$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.13$0.08$1.06$0.09$0.30$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.02$1.22$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.06$1.11$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.10$1.20$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.10$1.07$0.28