BETHANY HOME ASSOCIATION OF LINDSBORG KANSAS (EIN 480547716) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1907

Legal Domicile

Principal Officer

KRISTON ERICKSON

Phone

7852272334

Tax Period

2024-01-01 to 2024-12-31

BETHANY HOME ASSOCIATION OF LINDSBORG KANSAS, founded in 1907, is a mid-sized nonprofit that reported $12.0M in total revenue in fiscal year 2024.

Mission

BETHANY HOME ASSOCIATION PROVIDES A RETIREMENT COMMUNITY FOR THE AGING & HANDICAPPED INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, LONG TERM CARE, & SKILLED CARE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $260,082

Program Service Revenue $11,026,428

Investment Income $498,216

Other Revenue $173,692

TOTAL REVENUE $11,958,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,616,042

Fundraising Expenses $0

Program Expenses $10,068,980

Other Expenses $4,707,397

TOTAL EXPENSES $12,323,439

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,958,418	$12,392,855	0.0%
Expenses	$12,323,439	$11,694,759	+0.1%
Net Income	$-365,021	$698,096	-1.5%

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

Governance

Voting Members

Independent Members

Employees

271

Volunteers

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

$241,789

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN BIEGERT	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
KAREN CARLSON	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
GALEN SWENSON	TREASURER	1.00	Officer Director	$0	$0	$0
CONNIE DORF	SECRETARY	1.00	Officer Director	$0	$0	$0
LEAH ANN ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
VIVIAN ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
BILL BROCK	DIRECTOR	1.00	Director	$0	$0	$0
REV CHRIS DEINES	DIRECTOR	1.00	Director	$0	$0	$0
JUDY MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
REV LAURA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
REV JACQUE THORNTON	DIRECTOR	1.00	Director	$0	$0	$0
REV AMY TRUHE	DIRECTOR (TERM END 7/24)	1.00	Director	$0	$0	$0
REV TIM LEAF	DIRECTOR (TERM END 9/24)	1.00	Director	$0	$0	$0
ERIC ANDERSON	DIRECTOR (TERM END 9/24)	1.00	Director	$0	$0	$0
MONETTE JOHNSON	DIRECTOR (TERM END 9/24)	1.00	Director	$0	$0	$0
REV DEAN APEL	DIRECTOR (TERM END 7/24)	1.00	Director	$0	$0	$0
KRISTON ERICKSON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$117,548	$9,796	$127,344
ANDREA WILLEMS	CHIEF FINANCIAL OFFICER	40.00	Officer	$88,593	$25,852	$114,445

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
2024	$11,958,418	$12,323,439	$19,838,220	$-365,021
2023	$12,392,855	$11,694,759	$19,924,188	$698,096
2022	$9,658,388	$11,286,321	$18,891,723	$-1,627,933
2021	$11,142,589	$11,165,505	$21,461,588	$-22,916
2020	$12,401,546	$10,917,840	$19,414,590	$1,483,706
2019	$10,428,288	$10,371,824	$14,289,513	$56,464
2018	$10,637,282	$9,985,445	$13,747,156	$651,837

BETHANY HOME ASSOCIATION OF LINDSBORG KANSAS