Bethlehem Centers of Nashville
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$783,034.00
Projected Expenses
$774,901.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| bethlehem centers of nashville irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $735,078.00 | $689,110.00 | $643,329.00 |
| Total Expenses | $740,981.00 | $715,027.00 | $603,205.00 |
| Revenue Less Expenses | ($5,903.00) | ($25,917.00) | $40,124.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $163,197.00 | $150,707.00 | $117,976.00 |
| Contributions, Gifts, and Grants | $331,423.00 | $283,058.00 | $317,950.00 |
| Indirect Public Support | $194,595.00 | $204,312.00 | $165,135.00 |
| Earned Revenue | $45,778.00 | $34,464.00 | $0.00 |
| Investment Income, Net of Losses | $85.00 | $-1,134.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $650.00 | $0.00 |
| Revenue In-Kind | $0.00 | $17,053.00 | $4,035.00 |
| Other | $0.00 | $0.00 | $38,233.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $496,709.00 | $514,524.00 | $398,054.00 |
| Administration Expense | $239,272.00 | $195,503.00 | $209,969.00 |
| Fundraising Expense | $5,000.00 | $5,000.00 | $5,000.00 |
| Total Revenue/Total Expenses | 99% | 96% | 105% |
| Program Expense/Total Expenses | 67% | 72% | 65% |
| Fundraising Expense/Contributed Revenue | 1% | 1% | 1% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $331,423.00 | Contributions, Gifts, and Grants $283,058.00 | Government Grants $117,976.00 |
| Second Highest Funding Source & Dollar Amount | Federated Campaigns $194,595.00 | Federated Campaigns $204,312.00 | Contributions, Gifts, and Grants $317,950.00 |
| Third Highest Funding Source & Dollar Amount | Government Grants $163,197.00 | Government Grants $150,707.00 | Federated Campaigns $165,135.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $326,525.00 | $351,253.00 | $302,204.00 |
| Current Assets | $307,937.00 | $336,679.00 | $269,428.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $48,281.00 | $67,106.00 | $22,446.00 |
| Total Net Assets | $278,244.00 | $284,147.00 | $279,758.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$5,671.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Form 990s
Audit Documents
Foundation Staff Comments
| Financial data taken from the audit. Financials completed by Bellenfant, PLLC. Comments provided by Hayley Sulfridge 12/6/23. |
