BETHEL EDUCATION FOUNDATION

EIN: 270745177 501(c)(3) Education

EUGENE, OR

Total Revenue
$440,008
Total Expenses
$283,305
Total Assets
$256,654
Net Assets
$256,232
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OR
Principal Officer
KRISTIN KING
Phone
5416071445
Tax Period
2023-01-01 to 2023-12-31

BETHEL EDUCATION FOUNDATION, founded in 2010, is a small nonprofit in the Education sector that reported $440K in total revenue in fiscal year 2023. Revenue surged 576% from the prior year, signaling strong growth momentum. The organization ran a surplus of $157K, a strong 36% operating margin.

Mission

THE PURPOSE OF THIS NON-PROFIT CHARITABLE CORPORATION IS TO SECURE AND DISTRIBUTE CONTRIBUTIONS FROM INDIVIDUALS, ESTATES, GOVERNMENT, CORPORATIONS, FOUNDATIONS AND ANY OTHER SOURCE FOR THE EDUCATIONAL BENEFIT OF THE BETHEL SCHOOL DISTRICT. AN ANNUAL DISTRICT WIDE CLASSROOM AND SCHOOL GRANT PROGRAM AWARDS CLASSROOM TEACHERS AND STAFF FUNDING TO ENRICH EDUCATIONAL OPPORTUNITIES FOR STUDENTS, AND DELIVER INNOVATIVE AND EXEMPLARY INSTRUCTION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $408,586
Program Service Revenue $0
Investment Income $2,906
Other Revenue $28,516
TOTAL REVENUE $440,008

Expense Breakdown

Grants Paid $199,122
Salaries & Benefits $47,691
Fundraising Expenses $40,972
Program Expenses $220,791
Other Expenses $36,492
TOTAL EXPENSES $283,305

Year-over-Year Comparison

2023 2022 Change
Revenue $440,008 $65,122 +5.8%
Expenses $283,305 $95,961 +2.0%
Net Income $156,703 $-30,839 -6.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
1
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$43,680
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN KING EXECUTIVE DI 28.00
Officer
$43,680 $0 $43,680
ANITA KOLENDAR PRESIDENT 4.00
Officer Director
$0 $0 $0
SHELLY WILLIAMS TREASURER 2.00
Officer Director
$0 $0 $0
JOSHUA PUGH SECRETARY 3.00
Officer Director
$0 $0 $0
ALISHA DODDS BOARD MEMBER 1.00
Director
$0 $0 $0
DAWNJA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA D'SOUZA BOARD MEMBER 1.00
Director
$0 $0 $0
AMY DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID VAN DER HAEGHEN BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL JORGENSEN BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH DELP BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $440,008 $283,305 $256,654 $156,703
2019 $441,043 $205,929 $273,065 $235,114
2018 $259,939 $283,374 $74,602 $-23,435
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