Bethany Christian Services

The information on this page was last updated 5/2/2024. If you see errors or omissions, please email: [email protected]


Summary

Bethany supports vulnerable kids and families in the U.S. and around the world, because everyone deserves to be safe, loved, and connected. Today, 140 million kids don't have a permanent home. That's unacceptable. At Bethany, we witness what happens when people choose love. Not theoretical, unblemished love, but the real, messy, imperfect kind.

Love that empowers vulnerable kids and families everywhere. The children hurting at home, and the ones unprotected at a border. The orphans and vulnerable children who feel alone, and the refugees living in a world of uncertainty. Everyone deserves to be loved. Together, we can change the world through family.


Contact information

Mailing address:
Bethany Christian Services
901 Eastern Ave. NE
Grand Rapids, MI 49503

Website: www.bethany.org

Phone: (800) 238-4269

Email: [email protected]


Organization details

EIN: 381405282

CEO/President: Keith Cureton

Chairman: Mark Augustyn

Board size: 13

Founder: Marguerite Bonnema and Mary DeBoer

Ruling year: 1987

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Bethany envisions a world where all children, youth, and families are safe, loved, and connected.


Mission statement

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


Statement of faith

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating160 of 11103 of 32
Fund acquisition rating492 of 111112 of 32
Resource allocation rating384 of 11118 of 32
Asset utilization rating51 of 11101 of 32

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%6%11%11%11%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%0%1%1%1%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
60%7%9%10%11%11%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
4%0%1%1%1%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
40%93%91%90%89%89%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%88%87%86%87%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
101%99%102%95%99%101%
Program output ratio Program output ratio =
Program services /
Total revenue
85%87%89%82%85%87%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
-1%1%-2%5%1%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%9%-20%35%14%-10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%12%12%13%12%12%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.044.224.114.046.776.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.351.732.021.611.251.20
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.747.318.306.508.457.97
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.542.012.367.883.132.75
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.500.420.130.320.36
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.410.830.831.610.970.96
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%55%54%37%33%34%
Debt ratio Debt ratio =
Debt /
Total assets
0%4%4%5%8%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%11%11%16%10%10%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$2,021,034($2,749,427)$6,280,158$1,196,848$370,930
Receivables, inventories, prepaids$20,722,381$20,067,234$12,784,483$13,848,150$14,585,362
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$22,743,415$17,317,807$19,064,641$15,044,998$14,956,292
Long-term investments$0$0$0$0$0
Fixed assets$7,254,338$6,896,998$3,378,478$3,007,546$2,288,825
Other long-term assets$9,427,234$10,740,864$8,206,015$720,610$751,957
Total long-term assets$16,681,572$17,637,862$11,584,493$3,728,156$3,040,782
Total assets$39,424,987$34,955,669$30,649,134$18,773,154$17,997,074
 
Liabilities20222021202020192018
Payables and accrued expenses$10,454,737$6,374,308$691,752$2,233,281$3,221,832
Other current liabilities$854,472$958,951$1,726,416$2,572,666$2,207,169
Total current liabilities$11,309,209$7,333,259$2,418,168$4,805,947$5,429,001
Debt$1,470,000$1,470,000$1,470,000$1,470,000$720,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$8,939,863$10,010,640$7,461,206$0$0
Total long-term liabilities$10,409,863$11,480,640$8,931,206$1,470,000$720,000
Total liabilities$21,719,072$18,813,899$11,349,374$6,275,947$6,149,001
 
Net assets20222021202020192018
Without donor restrictions$17,705,915$16,141,770$19,299,760$12,497,207$11,848,073
With donor restrictions$0$0$0$0$0
Net assets$17,705,915$16,141,770$19,299,760$12,497,207$11,848,073
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$11,874,696$12,285,928$13,046,390$14,373,065$13,533,993
Program service revenue$155,876,404$128,435,208$117,501,548$114,122,280$103,775,983
Membership dues$0$0$0$0$0
Investment income$18,264($5,211)$15,614$52,400$52,267
Other revenue$8,533($107,353)$144,093$395,137$761,673
Total other revenue$155,903,201$128,322,644$117,661,255$114,569,817$104,589,923
Total revenue$167,777,897$140,608,572$130,707,645$128,942,882$118,123,916
 
Expenses20222021202020192018
Program services$145,681,267$124,765,320$106,966,662$110,145,565$103,064,812
Management and general$19,835,951$17,710,349$15,493,152$15,411,466$14,045,866
Fundraising$696,534$1,290,893$1,445,278$1,629,028$2,161,156
Total expenses$166,213,752$143,766,562$123,905,092$127,186,059$119,271,834
 
Change in net assets20222021202020192018
Surplus (deficit)$1,564,145($3,157,990)$6,802,553$1,756,823($1,147,918)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,564,145($3,157,990)$6,802,553$1,756,823($1,147,918)

Compensation

NameTitleCompensation
Cheryl JereczekSVP, Donor Engagement$218,737
Christopher PaluskyPresident/Ceo - Part Year$210,614
Tawnya BrownSVP, Global and Refugee Services$186,406
George TyndallSVP, Operations$183,613
Nhung HurstSVP, Legal Counsel$182,987
Scott DevriesChief Financial Officer$180,297
Mark VenemaSr. Dir. Financial Planning & Analysis$152,357
Michael BruxvoortVP,Information Technology$152,173
Andrea OsburnSVP, Communications and Governance$147,739
Juan FernandezVP, Marketing & Communications$144,782
Leena HillVP, Global Services$135,290
Lorita ShirleyChief Operations Officer$132,892
Bill BlacquiereInterim President/CEO$46,800

Compensation data as of: 12/31/2022


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 5/2/2024. To update the information below, please email: [email protected]


History

In 1944, friends Marguerite Bonnema and Mary DeBoer opened their home to care for a baby girl who needed emergency shelter. Over the next few months, they took in five more babies, and a vision was born to help more children.

That fall, with help from Andrew VanderVeer, they founded Bethany Christian Home as a nonprofit organization. And in 1945, they moved the home to a residence on 13-acres in Grand Rapids, Michigan, where Bethany's headquarters stands today.

They knew then that families, not institutions, are the best source of care and connection for children. So in 1951, Bethany became a licensed adoption agency, helping 25 children find permanence with a family.

Today-across the country and around the world-Bethany partners with churches and communities to strengthen and preserve families, find families for children who need them, and support refugees and immigrants who have fled danger. Because everyone deserves to be safe, loved, and connected.

One selfless act of hospitality set a global mission in motion. More than 80 years later, we believe-like Marguerite and Mary-that together, we can change the world through family.


Program accomplishments

Bethany is reviewed by the Council of Accreditation on a regular basis to receive its reaccreditation. The accreditation process is designed to identify providers that have set high performance standards for themselves and have made a commitment to their constituents to deliver the highest quality services. COA continually recognizes Bethany Christian Services as one of these outstanding providers.

Over 75 years ago, we began our work by serving a single child. Today, we work in more than 30 states and more than a dozen countries worldwide, serving more than 50,000 people every year.


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