Bethesda Lutheran Communities

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 4/2/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Bethesda provides services and support to help people with intellectual and developmental disabilities find a sense of community and belonging. From community-based homes and at-home life skills development, to job placement and coaching, to behavior support, community engagement and day programs, we help people live meaningful and fulfilling lives.

We are proud to create and offer forward-thinking solutions to provide choices and opportunities for people with intellectual and developmental disabilities.


Contact information

Mailing address:
Bethesda Lutheran Communities
600 Hoffmann Drive
Watertown, WI 53094

Website: bethesdalc.org

Phone: 800-369-4636

Email: marketing@bethesdalc.org


Organization details

EIN: 390806446

CEO/President: Mike Thirtle

Chairman: Cesar Villalpando

Board size: 11

Founder:

Year founded: 1937

Tax deductible: Yes

Fiscal year end: 08/30

Member of ECFA: Yes

Member of ECFA since: 2018


Purpose

For over 100 years, Bethesda has worked tirelessly to educate, advocate for and empower people with intellectual and developmental disabilities. We are dedicated to helping those we support become active members of their community so that they can live their lives to the fullest.


Mission statement

To enhance the lives of people with intellectual and developmental disabilities through services that share the good news of Jesus Christ.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Advocacy

CategoryRatingOverall rankSector rank
Overall efficiency rating623 of 81730 of 34
Fund acquisition rating524 of 81722 of 34
Resource allocation rating295 of 81718 of 34
Asset utilization rating803 of 81734 of 34

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%27%4%2%2%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%4%3%2%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%13%67%77%68%68%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%3%2%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%87%33%23%32%32%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%81%94%82%76%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%124%117%136%129%121%
Program output ratio Program output ratio =
Program services /
Total revenue
78%101%110%111%98%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-24%-17%-36%-29%-21%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%-24%-14%-29%-24%-13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%16%4%17%23%21%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.400.720.670.720.670.55
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.1511.0110.829.5810.2914.76
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.557.887.226.936.928.07
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.060.460.860.650.460.47
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.112.151.161.542.192.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.93-1.76-0.27-0.93-2.06-1.65
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
17%41%30%35%37%28%
Debt ratio Debt ratio =
Debt /
Total assets
0%19%17%17%14%12%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%82%105%90%93%132%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,805,642$6,650,139$7,951,842$7,703,334$4,099,828
Receivables, inventories, prepaids$8,771,162$8,698,778$10,159,873$12,840,893$12,475,016
Short-term investments$3,803,209$3,344,894$3,485,586$3,158,282$2,540,740
Other current assets$0$0$0$0$0
Total current assets$16,380,013$18,693,811$21,597,301$23,702,509$19,115,584
Long-term investments$0$0$0$0$0
Fixed assets$55,450,562$57,003,501$62,552,962$84,208,751$86,054,842
Other long-term assets$108,571,327$126,647,072$122,657,297$135,975,774$177,051,272
Total long-term assets$164,021,889$183,650,573$185,210,259$220,184,525$263,106,114
Total assets$180,401,902$202,344,384$206,807,560$243,887,034$282,221,698
 
Liabilities20192018201720162015
Payables and accrued expenses$35,292,825$21,718,676$33,135,756$51,895,058$40,401,705
Other current liabilities$0$20,000$40,780$10$130
Total current liabilities$35,292,825$21,738,676$33,176,536$51,895,068$40,401,835
Debt$35,000,773$35,001,806$35,057,574$35,003,871$35,004,904
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,210,710$4,171,080$3,640,322$3,874,074$3,405,056
Total long-term liabilities$39,211,483$39,172,886$38,697,896$38,877,945$38,409,960
Total liabilities$74,504,308$60,911,562$71,874,432$90,773,013$78,811,795
 
Net assets20192018201720162015
Unrestricted$92,607,859$128,582,803$122,578,912$138,665,586$189,857,274
Temporarily restricted$5,086,300$4,668,331$4,202,230$6,308,763$5,510,794
Permanently restricted$8,203,435$8,181,688$8,151,986$8,139,672$8,041,835
Net assets$105,897,594$141,432,822$134,933,128$153,114,021$203,409,903
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$13,699,641$76,683,307$84,466,635$86,719,187$87,565,337
Program service revenue$89,184,789$33,562,405$36,327,920$36,934,290$38,382,685
Membership dues$1,195$1,990$640$520$900
Investment income($206,316)$3,636,339($12,187,006)$1,173,592$363,908
Other revenue$968,854$1,023,402$1,304,922$2,016,869$1,712,697
Total other revenue$89,948,522$38,224,136$25,446,476$40,125,271$40,460,190
Total revenue$103,648,163$114,907,443$109,913,111$126,844,458$128,025,527
 
Expenses20192018201720162015
Program services$104,833,069$126,617,962$122,066,632$124,215,086$120,210,072
Management and general$20,430,838$5,202,572$25,655,984$37,851,036$32,314,266
Fundraising$3,750,688$3,097,335$1,899,920$1,901,088$1,817,413
Total expenses$129,014,595$134,917,869$149,622,536$163,967,210$154,341,751
 
Change in net assets20192018201720162015
Surplus (deficit)($25,366,432)($20,010,426)($39,709,425)($37,122,752)($26,316,224)
Other changes in net assets$0$0$0$0$0
Total change in net assets($25,366,432)($20,010,426)($39,709,425)($37,122,752)($26,316,224)

Compensation

NameTitleCompensation
Dr Michael ThirtlePresident & CEO$501,856
Jeffrey KaczmarskiEVP & VP Legal$376,117
Lori AndersonChief Operating Officer$337,576
David GrieblChief Financial Officer$318,214
Cindy Moon-MogushChief Marketing & Comm Officer$283,481
Michael KlimkoskyChief Information Officer$244,918
Susan KaufmanVP Operations$212,685
John NickelsMajor Gifts Officer$208,494
Daniel LuskVP Business Development Termed$197,222

Compensation data as of: 8/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/2/2021. To update the information below, please email: info@ministrywatch.com


History

At Bethesda, we are proud to be a change agent in implementing forward-thinking solutions that improve the lives of people with intellectual and developmental disabilities. We have long been a beacon of hope and support for the many people we support-and to ensure our longevity far into the future, we must always be adaptable to a changing environment.

That's why our broad spectrum of services continually evolves to reflect the needs of people with intellectual and developmental disabilities, their families and their caregivers. We ask each person we support about their goals, and together we make a plan to get them there.

While we offer guidance and support, the people we support make the decisions and take the actions needed to reach their goals. It's all about independence and self-advocacy.


Program accomplishments

During Fiscal Year 2019-2020, we continued to provide quality, caring support across all of our existing services, all while developing new and innovative ways to support, empower and create more inclusion for people in the future.

1500+ people were served by Bethesda in 2019-2020.


Needs