Bethany Christian Services

Summary

Bethany Christian Services believes every child deserves to be safe, loved, and connected through family. Bethany is a global nonprofit that supports children and families in the U.S. and around the world with world-class social services, all designed to help families thrive. As a nonprofit, all contributions to Bethany are tax deductible to the extent allowed by law. In addition Bethany is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
901 Eastern Ave. NE
PO Box 294
Grand Rapids, MI 49501-0294

Website: www.bethany.org

Phone: (616) 224-7610

Email: info@bethany.org


Organization details

EIN: 381405282

CEO/President: Mr. Chris Palusky

Chairman:

Board size: 18

Founder: Marguerite Bonnema and Mary DeBoer

Year founded: 1945

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1987


Purpose

Bethany is an international Christian nonprofit changing the world through family. 75 years ago, we began our work by serving one child. Today, we partner with churches and communities in more than 30 states and nearly a dozen countries to strengthen and preserve families, support refugees and immigrants fleeing danger, and find safe, loving families for children who need them. Bethany demonstrates the love and compassion of Jesus, impacting hundreds of thousands of lives every year, because we believe everyone deserves to be safe, loved, and connected. As a nonprofit, all contributions to Bethany are tax deductible to the extent allowed by law. In addition Bethany is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Bethany Christian Services uses the following to express its mission:

Bethany Christian Services demonstrates the love and compassion of Jesus Christ by protecting children, empowering youth and strengthening families through quality social services.


Statement of faith

Bethany Christian Services is founded upon the Bible, and we believe:

"The God of the Bible is the one eternal God, Creator and Lord of the world, Father, Son and Holy Spirit, who governs all things according to the purpose of his will."

"We affirm the divine inspiration, truthfulness, and authority of both Old and New Testament Scriptures in their entirety as the only written Word of God, without error in all that it affirms..."

"We affirm that there is only one Savior and only one gospel... Jesus Christ, being himself the only God-man, who gave himself as the only ransom for sinners...There is no other name by which we must be saved."

"We affirm that God is both the Creator and the Judge of all. We therefore should share his concern for justice and reconciliation throughout human society and for the liberation of men and women from every kind of oppression. Because men and women are made in the image of God, every person-regardless of race, religion, color, culture, class, sex, or age- has an intrinsic dignity because of which he or she should be respected and served, not exploited."

Excerpted from the Lausanne Covenant

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating142 of 5853 of 24
Fund acquisition rating197 of 5855 of 24
Resource allocation rating239 of 5857 of 24
Asset utilization rating183 of 5856 of 24

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%6%6%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%5%5%5%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%82%84%76%76%76%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%5%5%5%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%18%16%24%24%24%
 
Operating ratiosMedian % for
all ministries in
MW database
20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%85%85%85%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%95%102%96%96%99%
Program output ratio Program output ratio =
Program services /
Total revenue
80%80%87%82%82%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%5%-2%4%4%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%12%-4%9%9%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%11%9%9%9%10%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.081.661.831.621.611.58
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.691.491.411.361.371.35
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.182.472.572.202.212.13
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.843.183.643.164.183.80
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.310.270.320.240.26
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.713.333.393.744.134.15
 
Solvency ratiosMedian % for
all ministries in
MW database
20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%33%29%29%30%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%12%9%5%12%10%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%40%39%44%43%44%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$4,707,346$4,143,637$3,562,701$3,593,432$3,280,574
Receivables, inventories, prepaids$15,721,585$14,877,789$15,429,928$14,268,361$13,194,704
Short-term investments$32,913,104$28,958,055$33,692,845$30,713,071$28,702,551
Other current assets$203,608$0$0$0$0
Total current assets$53,545,643$47,979,481$52,685,474$48,574,864$45,177,829
Long-term investments$515,658$751,147$850,016$559,813$585,351
Fixed assets$25,535,466$18,587,682$17,715,895$17,413,896$15,152,226
Other long-term assets$198,000$220,000$220,000$0$0
Total long-term assets$26,249,124$19,558,829$18,785,911$17,973,709$15,737,577
Total assets$79,794,767$67,538,310$71,471,385$66,548,573$60,915,406
 
Liabilities20192018201720162015
Payables and accrued expenses$11,856,457$9,455,744$9,292,326$8,186,540$8,774,744
Other current liabilities$4,985,991$3,711,221$7,375,589$3,435,895$3,119,132
Total current liabilities$16,842,448$13,166,965$16,667,915$11,622,435$11,893,876
Debt$9,445,462$6,029,583$3,506,743$7,993,702$6,081,282
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$235,248$245,625$297,235$309,467$303,613
Total long-term liabilities$9,680,710$6,275,208$3,803,978$8,303,169$6,384,895
Total liabilities$26,523,158$19,442,173$20,471,893$19,925,604$18,278,771
 
Net assets20192018201720162015
Unrestricted$50,171,926$45,230,193$49,189,799$44,698,919$41,974,111
Temporarily restricted$3,099,683$2,865,944$1,809,693$1,744,725$489,850
Permanently restricted$0$0$0$179,325$172,674
Net assets$53,271,609$48,096,137$50,999,492$46,622,969$42,636,635
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$113,662,763$101,595,566$91,449,696$84,538,247$74,370,400
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$5,321,291($2,402,498)$3,970,583$0$0
Other revenue$19,513,873$22,039,749$24,654,966$26,808,089$23,307,082
Total other revenue$24,835,164$19,637,251$28,625,549$26,808,089$23,307,082
Total revenue$138,497,927$121,232,817$120,075,245$111,346,336$97,677,482
 
Expenses20192018201720162015
Program services$110,868,508$105,278,196$98,779,702$91,741,472$81,821,147
Management and general$15,093,782$11,625,750$10,989,423$10,011,512$9,384,727
Fundraising$6,252,476$6,376,039$5,929,597$5,607,018$5,068,901
Total expenses$132,214,766$123,279,985$115,698,722$107,360,002$96,274,775
 
Change in net assets20192018201720162015
Surplus (deficit)$6,283,161($2,047,168)$4,376,523$3,986,334$1,402,707
Other changes in net assets$0$0$0$0$0
Total change in net assets$6,283,161($2,047,168)$4,376,523$3,986,334$1,402,707

Response from ministry

No response has been provided by this ministry.


History

Making an Impact
Since 1944, Bethany has grown and developed not only into a well-known adoption agency, but a social services agency that serves and supports expectant parents, foster families, individuals and families in need of counseling, and struggling families and children who are in desperate need of even the most basic necessities. Bethany's purpose is to demonstrate the love of Christ by equipping families to be the answer for children in need. Our founders started Bethany by taking in one child who needed a home. Last year, Bethany served more than 45,000 expectant parents, children, and families.

How it All Started
In 1944, Marguerite Bonnema received the shock of her life.

To her surprise, a little neighbor girl revealed her father's strong dislike of his wife's illegitimate baby girl. "He is going to kill [the baby]," the little girl said. Marguerite replied, "Tell him not to kill her but to give her to me."

Arrangements were made-in a hurry. The neighbor mother and baby girl traveled by bus to a train station, where Marguerite and her friend and roommate Mary DeBoer received the child to live with them in their small apartment.

But the two didn't stop with one child. In the coming months, they took in five more babies, and that November, with the help of Andrew VanderVeer , they founded Bethany Christian Home as a nonprofit organization. The following year, the home moved to a residence on the 13-acre property in Grand Rapids, Michigan where Bethany's present headquarters now stand.

With a state childcare license procured, Marguerite and Mary's dream was now a fledgling reality-one which, prospering through the years, would help make countless other dreams come true.

In the words of our founders, "It was earnestly hoped that Bethany Christian Home would always be a place where Christ's presence could be felt and His blessing sought and enjoyed."

In 1951, Bethany obtained its child placement license and began serving as an adoption agency. Twenty-five children gained loving adoptive families through Bethany that year. Pregnancy counseling services also commenced, with 59 single mothers receiving guidance.

Amazing Growth, Amazing Grace
Bethany began with the dream of two women who stepped out in faith, with hearts full of love. Today, Bethany's diverse ministries and its influence both nationally and internationally have grown in ways its founders could never have imagined. But their dream remains our guiding star: to demonstrate the love and compassion of Jesus Christ by protecting and enhancing the lives of children and families through quality social services. A string of awards, an impressive list of achievements, international favor and impact-these are just some of the by-products of serving as the hands and feet of Christ.


Program accomplishments


Needs