Civic Intelligence

Bethesda University

990 • Fiscal year 2016 • EIN 95-3104298

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 31, 2016

730 N Euclid StAnaheim, CA 92801

(714) 517-1945

Siviq Scores

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

Liabilities / Assets

60th percentile

0.34x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

2.01x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

29th percentile

-2.2%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

14th percentile

$47,175

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

43rd percentile

0.4%

Faster asset growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-10%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$23,812,199

Up $99,701 (+0.4%) from 2015

Net Assets

Up

$15,757,079

Up $106,795 (+0.7%) from 2015

Liabilities

Down

$8,055,120

Down $7,094 (-0.1%) from 2015

Revenue

Down

$3,999,524

Down $466,292 (-10%) from 2015

Expenses

Down

$4,086,350

Down $439,731 (-9.7%) from 2015

Net Income

Down

-$86,826

Down $26,561 (-44%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $20,536,908Liabilities 2011: $5,444,196Net Assets 2011: $15,092,7122011Assets 2012: $19,814,047Liabilities 2012: $5,673,768Net Assets 2012: $14,140,2792012Assets 2013: $20,566,980Liabilities 2013: $5,360,106Net Assets 2013: $15,206,8742013Assets 2014: $20,407,313Liabilities 2014: $4,696,764Net Assets 2014: $15,710,5492014Assets 2015: $23,712,498Liabilities 2015: $8,062,214Net Assets 2015: $15,650,2842015Assets 2016: $23,812,199Liabilities 2016: $8,055,120Net Assets 2016: $15,757,0792016Assets 2017: $19,658,287Liabilities 2017: $3,097,903Net Assets 2017: $16,560,3842017Assets 2018: $17,579,719Liabilities 2018: $864,209Net Assets 2018: $16,715,5102018Assets 2019: $16,924,572Liabilities 2019: $144,531Net Assets 2019: $16,780,0412019Assets 2020: $17,313,280Liabilities 2020: $360,922Net Assets 2020: $16,952,3582020Assets 2021: $17,108,802Liabilities 2021: $114,968Net Assets 2021: $16,993,8342021Assets 2022: $16,791,333Liabilities 2022: $93,780Net Assets 2022: $16,697,5532022Assets 2023: $13,423,677Liabilities 2023: $671,621Net Assets 2023: $12,752,0562023Assets 2024: $12,998,084Liabilities 2024: $595,100Net Assets 2024: $12,402,9842024

Highlighted filing

2016

Assets$23,812,199
Liabilities$8,055,120
Net Assets$15,757,079

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $5,420,218Expenses 2011: $3,509,508Net Income 2011: $1,910,7102011Revenue 2012: $3,293,358Expenses 2012: $4,245,791Net Income 2012: -$952,4332012Expenses 2013: $3,594,6692013Revenue 2014: $4,087,717Expenses 2014: $3,584,042Net Income 2014: $503,6752014Revenue 2015: $4,465,816Expenses 2015: $4,526,081Net Income 2015: -$60,2652015Revenue 2016: $3,999,524Expenses 2016: $4,086,350Net Income 2016: -$86,8262016Revenue 2017: $4,216,046Expenses 2017: $3,412,741Net Income 2017: $803,3052017Revenue 2018: $3,416,877Expenses 2018: $3,227,791Net Income 2018: $189,0862018Revenue 2019: $3,007,053Expenses 2019: $2,942,522Net Income 2019: $64,5312019Revenue 2020: $4,079,798Expenses 2020: $3,907,481Net Income 2020: $172,3172020Revenue 2021: $3,146,896Expenses 2021: $3,105,420Net Income 2021: $41,4762021Revenue 2022: $2,969,487Expenses 2022: $3,265,768Net Income 2022: -$296,2812022Revenue 2023: $2,332,868Expenses 2023: $4,804,039Net Income 2023: -$2,471,1712023Revenue 2024: $3,177,544Expenses 2024: $3,526,616Net Income 2024: -$349,0722024

Highlighted filing

2016

Revenue$3,999,524
Expenses$4,086,350
Net Income-$86,826
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$3,999,524
Mission and Program Overview

Mission

Teaching christian theological theory, church music, early childhood education and ministry for the bachelor and master's degree.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,725,715$20,571,883▼ $153,832
Pledges and Grants Receivable$1,291,000$1,515,300▲ $224,300
Accounts Receivable$736,205$774,761▲ $38,556
Intangible Assets$391,159$385,533▼ $5,626
Cash and Non-Interest-Bearing Accounts$410,499$355,100▼ $55,399
Investments in Publicly Traded Securities$109,344--
Other Notes and Loans Receivable, Net$1,264$2,903▲ $1,639
Prepaid Expenses and Deferred Charges$47,312$77▼ $47,235
Total Assets$23,712,498$23,812,199▲ $99,701
Other Assets Total-$206,642-
Liabilities
Unsecured Notes Loans Payable$7,997,544$8,014,714▲ $17,170
Other Liabilities$64,670$39,382▼ $25,288
Grants Payable-$1,024-
Total Liabilities$8,062,214$8,055,120▼ $7,094
Net Assets / Fund Balance
Unrestricted Net Assets$15,650,284$15,757,079▲ $106,795
Total Net Assets Fund Balance$15,650,284$15,757,079▲ $106,795
Total Liabilities and Net Assets / Fund Balance$23,712,498$23,812,199▲ $99,701

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,350,410-$16,350,410
Other Land Buildings$2,215,888$1,400,732$3,616,620
Buildings$2,005,585$1,290,420$3,296,005
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sinho KimSecretaryFT$47,175$47,175
Esther ChoCFOFT$33,980$33,980

Board Members and Trustees

NameTitle
In Wook ChungChairman
In Wook ChungCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$697,418
Program Service Revenue
$2,321,435
Investment Income
$0
Other Revenue
$980,671
All Other Contributions
$697,418
Change in Net Assets
$-86,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,999,524
Total Revenue per Audited Statements
$3,999,524
Total Revenue per Form 990
$3,999,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,603,960
Salaries, Compensation, and Employee Benefits$1,482,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,135,176$411,950-$1,547,126
Other Salaries and Wages$933,952$400,265-$1,334,217
Interest-$324,278-$324,278
Depreciation Depletion$225,589--$225,589
Occupancy$178,192--$178,192
Insurance-$105,406-$105,406
Travel$68,344$29,290-$97,634
Payroll Taxes$61,790$26,482-$88,272
Fees for Services Legal-$81,442-$81,442
Other Employee Benefits-$59,901-$59,901
Fees for Services Accounting-$24,955-$24,955
Advertising$16,790--$16,790
Office Expenses$1,454$1,094-$2,548
Total Functional Expenses$2,621,287$1,465,063$0$4,086,350

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,086,350
Expenses per Audited Statements$4,080,724
Total Expenses per Audited Statements$4,080,724
Expenses Not Reported on Financial Statements$5,626
Other Expense Adjustments$5,626
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
Refundable Rent Deposits$39,382
Payroll Taxes Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 7A

Organization elected in wook chung as new chief executive officer and esther cho as new chief financial officer.

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Bethesda University
EIN
95-3104298
Phone
7145171945
Address
730 N EUCLID ST, ANAHEIM, CA 92801

Signing Officer

Name
Esther Cho
Title
CFO
Phone
7146831376
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
In Wook Chung
Formed
1977
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
112

Preparer

Firm
James Y Lee & Co Ac
Address
2855 MICHELLE STE 200, IRVINE, CA 92606-1011
Preparer
James Y Lee
Phone
7146691400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Teaching christian theological theory, church music, early childhood education and ministry for the bachelor and master's degree.

Form 990, Part IX, Line 11G

Administrative supplies 12,501 0 0 athletics expenses 72,518 0 0 automobile 23,485 0 0 bad dets expenses 648 0 0 bank charges 0 23,874 0 contribution 0 5,626 0 equipment lease 0 16,442 0 event supplies 0 8,438 0 library expenses 11,627 0 0 meals & entertainment 74,341 74,341 0 membership fees 52,079 0 0 miscellaneous expense 13,329 0 0 outside services 172,071 41,047 0 program fees 18,385 0 0 repair & maintenance 117,461 0 0 scholarship 408,053 0 0 supplies 27,390 0 0 tax & license 0 242,182 0 telephone 34,561 0 0 utilities 96,727 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 5,626 total 5,626

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 5,626

Raw XML Appendix359 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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IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0IN WOOK CHUNG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1IN WOOK CHUNG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEACHING CHRISTIAN THEOLOGICAL THEORY, CHURCH MUSIC, EARLY CHILDHOOD EDUCATION AND MINISTRY FOR THE BACHELOR AND MASTER'S DEGREE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION ELECTED IN WOOK CHUNG AS NEW CHIEF EXECUTIVE OFFICER AND ESTHER CHO AS NEW CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADMINISTRATIVE SUPPLIES 12,501 0 0 ATHLETICS EXPENSES 72,518 0 0 AUTOMOBILE 23,485 0 0 BAD DETS EXPENSES 648 0 0 BANK CHARGES 0 23,874 0 CONTRIBUTION 0 5,626 0 EQUIPMENT LEASE 0 16,442 0 EVENT SUPPLIES 0 8,438 0 LIBRARY EXPENSES 11,627 0 0 MEALS & ENTERTAINMENT 74,341 74,341 0 MEMBERSHIP FEES 52,079 0 0 MISCELLANEOUS EXPENSE 13,329 0 0 OUTSIDE SERVICES 172,071 41,047 0 PROGRAM FEES 18,385 0 0 REPAIR & MAINTENANCE 117,461 0 0 SCHOLARSHIP 408,053 0 0 SUPPLIES 27,390 0 0 TAX & LICENSE 0 242,182 0 TELEPHONE 34,561 0 0 UTILITIES 96,727 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE 5,626 TOTAL 5,626
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023712498
IRS990/TotalAssetsEOYAmt023812199
IRS990/TotalAssetsGrp/BOYAmt023712498
IRS990/TotalAssetsGrp/EOYAmt023812199
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0697418
IRS990/TotalEmployeeCnt0112
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01465063
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02621287
IRS990/TotalFunctionalExpensesGrp/TotalAmt04086350
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08062214
IRS990/TotalLiabilitiesEOYAmt08055120
IRS990/TotalLiabilitiesGrp/BOYAmt08062214
IRS990/TotalLiabilitiesGrp/EOYAmt08055120
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt015650284
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015757079
IRS990/TotalOtherProgSrvcExpenseAmt02621287
IRS990/TotalProgramServiceExpensesAmt02621287
IRS990/TotalProgramServiceRevenueAmt02321435
IRS990/TotalReportableCompFromOrgAmt081155
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03302106
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03999524
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023712498
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023812199
IRS990/TravelGrp/ManagementAndGeneralAmt029290
IRS990/TravelGrp/ProgramServicesAmt068344
IRS990/TravelGrp/TotalAmt097634
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt015650284
IRS990/UnrestrictedNetAssetsGrp/EOYAmt015757079
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt07997544
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt08014714
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BUC.EDU
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ESTHER CHO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07146831376
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHESDA UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0953104298
ReturnHeader/Filer/PhoneNum07145171945
ReturnHeader/Filer/USAddress/AddressLine1Txt0730 N EUCLID ST
ReturnHeader/Filer/USAddress/CityNm0ANAHEIM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203987295
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES Y LEE & CO AC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02855 MICHELLE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0926061011
ReturnHeader/PreparerPersonGrp/PhoneNum07146691400
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES Y LEE
ReturnHeader/ReturnTs02016-11-02T16:24:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
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.$13.0$0.60$12.4$3.18$3.53$0.35
2023Detailed filing. Detailed filing data is available for this year.$13.4$0.67$12.8$2.33$4.80$2.47
2022Detailed filing. Detailed filing data is available for this year.$16.8$0.09$16.7$2.97$3.27$0.30
2021Detailed filing. Detailed filing data is available for this year.$17.1$0.11$17.0$3.15$3.11$0.04
2020Detailed filing. Detailed filing data is available for this year.$17.3$0.36$17.0$4.08$3.91$0.17
2019Detailed filing. Detailed filing data is available for this year.$16.9$0.14$16.8$3.01$2.94$0.06
2018Detailed filing. Detailed filing data is available for this year.$17.6$0.86$16.7$3.42$3.23$0.19
2017Detailed filing. Detailed filing data is available for this year.$19.7$3.10$16.6$4.22$3.41$0.80
2016Detailed filing. Detailed filing data is available for this year.$23.8$8.06$15.8$4.00$4.09$0.09
2015Detailed filing. Detailed filing data is available for this year.$23.7$8.06$15.7$4.47$4.53$0.06
2014Summary only. Only limited summary data is available for this year.$20.4$4.70$15.7$4.09$3.58$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$5.36$15.2$3.59
2012Summary only. Only limited summary data is available for this year.$19.8$5.67$14.1$3.29$4.25$0.95
2011Summary only. Only limited summary data is available for this year.$20.5$5.44$15.1$5.42$3.51$1.91