Bethany House Of Laredo Inc
- Assets
- $4.8m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 29
- Location
- Laredo, TX
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 74-2317098
Organization Overview
Bethany House Of Laredo Inc is located in Laredo, TX. The organization was established in 1984. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Bethany House Of Laredo Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany House Of Laredo Inc 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, Bethany House Of Laredo Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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
FEED THE HUNGY AND SHELTER THE HOMELESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEALS AND SHELTER CLOTHING AND DONATIONS TO NEEDY AND HOMELESS PREVENTION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Michael Barto President | Trustee | 1 | $0 |
Evelyn Sames Vice President | Trustee | 1 | $0 |
Lilia B Westel Secretary | Trustee | 1 | $0 |
Rebecca Mata Laurel Recording Secretary | Trustee | 1 | $0 |
Diana Hickey Pena Treasurer | Trustee | 1 | $0 |
Monica B Gonzalez Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,277 |
| Related organizations | $0 |
| Government grants | $675,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,054,943 |
| Noncash contributions included in lines 1a–1f | $240,834 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,748,809 |
| Total Program Service Revenue | $0 |
| Investment income | $308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,892,022 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,268 |
| Payroll taxes | $43,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,333 |
| Advertising and promotion | $4,453 |
| Office expenses | $32,003 |
| Information technology | $5,814 |
| Royalties | $0 |
| Occupancy | $101,292 |
| Travel | $18,789 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $418 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $164,587 |
| Insurance | $0 |
| All other expenses | $380,445 |
| Total functional expenses | $1,816,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,867 |
| Savings and temporary cash investments | $1,792,350 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $161,255 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,456,088 |
| Investments—publicly traded securities | $148,405 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,829,965 |
| Accounts payable and accrued expenses | $8,002 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $8,002 |
| Net assets without donor restrictions | $4,821,963 |
| Net assets with donor restrictions | $0 |
| 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 | $4,829,965 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Bethany House Of Laredo Inc has recieved totaling $270,325.
| Awarding Organization | Amount |
|---|---|
William Randolph Hearst Foundation New York, NY PURPOSE: SUPPORT FOR ONGOING OPERATIONS | $75,000 |
South Texas Outreach Foundation Laredo, TX PURPOSE: TO FUND MEAL SERVICES TO HOMELESS AND DISABLEDINDIVIDUALS | $65,000 |
United Way Of Laredo Inc Laredo, TX PURPOSE: Program Funding | $60,838 |
John G & Marie Stella Kenedy Memorial Foundation Corpus Christi, TX PURPOSE: Operational Support | $30,000 |
Lesea Global Feed The Hungry Inc South Bend, IN PURPOSE: RELIEF | $20,293 |
Medline Foundation Northfield, IL PURPOSE: GENERAL ASSISTANCE | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Sower Of Seeds International Ministries Inc Keller, TX | $3,316,148 | $10,449,598 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |