Bethel University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 940,693 | 840,342 | 100,351 | 118.8 | 20% |
| 2012 | 559,923 | 430,940 | 128,983 | 232.1 | 41% |
| 2013 | 1,505,453 | 343,708 | 1,161,745 | 285.9 | 52% |
| 2014 | 618,055 | 380,229 | 237,826 | 278.8 | 55% |
| 2015 | 5,043,140 | 4,419,309 | 623,831 | 26.9 | 5% |
| 2016 | 707,098 | 397,410 | 309,688 | 286.4 | 60% |
| 2017 | 1,078,830 | 418,599 | 660,231 | 301.9 | 72% |
| 2018 | 1,330,832 | 1,017,611 | 313,221 | 123.1 | 30% |
| 2019 | 848,700 | 720,418 | 128,282 | 173.7 | 42% |
| 2020 | 1,064,642 | 820,534 | 244,108 | 142.3 | 40% |
| 2021 | 679,390 | 696,869 | −17,479 | 215.1 | 47% |
| 2022 | 672,927 | 209,053 | 463,874 | 622.7 | 0% |
| 2023 | 4,940,342 | 791,645 | 4,148,697 | 217.8 | 0% |
In its most recent public year (2023), this organization brought in $4,148,697 more than it spent. Its reserves stood at about 217.8 months of spending, up from 118.8 in 2011. Staff pay was 0% of spending. $8,400,559 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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