Bethesda Foundation Inc
- Assets
- $1.3m
- Revenue
- $693.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Centennial, CO
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 23-7229988
Organization Overview
Bethesda Foundation Inc, operating under the name Quiet Waters Ministries, is located in Centennial, CO. The organization was established in 1972. According to its NTEE Classification (F31) the organization is classified as: Psychiatric Hospitals, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Quiet Waters Ministries employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quiet Waters Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Quiet Waters Ministries generated $693.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $506.0k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RENEW, RESTORE AND STRENGTHEN CHRISTIAN LEADERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUIETWATERS MINISTRIES IS A COMPREHENSIVE MINISTRY FOCUSED ON THE SPIRITUAL, EMOTIONAL, AND PHYSICAL HEALTH OF CHRISTIAN LEADERS, DEDICATED TO FACILITATING AND ENCOURAGING TRANSFORMATIONAL CHANGE AT THE CORE OF THEIR LIVES. IN A RETREAT SETTING OR TELEHEALTH, THROUGH ONE OR TWO-WEEK INTENSIVE SESSIONS OF THERAPEUTIC INTERACTION, CHRISTIAN LEADERS FROM ALL OVER THE WORLD ARE RENEWED, RESTORED, AND STRENGTHENED. IN 2021, WE SERVED 136 CLIENTS FROM ACROSS THE UNITED STATES, 3 COUNTRIES, 25 DENOMINATIONS, AND 4 MISSIONARY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosa L Huber Exec Directo | Officer | 40 | $88,492 |
Jim Heckman Chair | Trustee | 2 | $0 |
Sid Cook Trustee | Trustee | 1 | $0 |
Joy Engelsman Vice Chair | Trustee | 2 | $0 |
Kent Higgins Trustee | Trustee | 2 | $0 |
Melvin Medema Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,664 |
| All other contributions, gifts, grants, and similar amounts not included above | $280,335 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,999 |
| Total Program Service Revenue | $386,135 |
| Investment income | $75 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,462 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $693,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,462 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,078 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,748 |
| Payroll taxes | $13,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,339 |
| Fees for services: Accounting | $3,733 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,970 |
| Office expenses | $11,941 |
| Information technology | $1,917 |
| Royalties | $0 |
| Occupancy | $6,409 |
| Travel | $1,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,904 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,118 |
| Insurance | $8,019 |
| All other expenses | $0 |
| Total functional expenses | $505,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,323 |
| Savings and temporary cash investments | $373,126 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,617 |
| Net Land, buildings, and equipment | $668,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,260,309 |
| Accounts payable and accrued expenses | $22,867 |
| Grants payable | $0 |
| Deferred revenue | $29,466 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $88,421 |
| Total liabilities | $140,754 |
| Net assets without donor restrictions | $1,041,342 |
| Net assets with donor restrictions | $78,213 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,260,309 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Bethesda Foundation Inc has recieved totaling $60,237.
| Awarding Organization | Amount |
|---|---|
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: QW HOUSE UPDATING/REPAIRS | $20,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $12,334 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $12,300 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,200 |
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT,SCHOLARSHIP FUND | $5,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $103 |
Endowment Analysis
| Beg. Balance | $74,581 |
| Net Contributions | $56,120 |
| Other Expense | $52,429 |
| Ending Balance | $78,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Laureate Psychiatric Clinic And Hospital Inc Tulsa, OK | $58,441,129 | $45,786,221 |
North Range Behavioral Health Greeley, CO | $47,656,961 | $48,010,665 |
Horizon Health And Wellness Inc Apache Junction, AZ | $31,689,682 | $37,902,190 |
Prairie View Inc Newton, KS | $15,128,204 | $24,268,507 |
Colorado West Inc Grand Junction, CO | $14,072,864 | $15,441,222 |
Heritage Schools Inc Provo, UT | $3,381,237 | $18,749,522 |
Saint Francis Community Services Inc Salina, KS | $25,882,563 | $16,129,810 |
Bear River Mental Health Services Inc Logan, UT | $16,602,054 | $18,622,508 |
Center For Counseling & Consultation Great Bend, KS | $3,818,991 | $5,396,206 |
Tulsa Psychiatric Center Inc Tulsa, OK | $157,464,150 | $4,136,826 |
Kids Counseling Inc Las Vegas, NM | $1,562,626 | $1,765,269 |
High Country Early Intervention Inc Prescott, AZ | $248,181 | $1,393,153 |