BETHANY COMMUNITY CENTER INC

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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

2017

Legal Domicile

Principal Officer

BLISS VARUGHESE

Phone

2018917494

Tax Period

2022-01-01 to 2022-12-31

Mission

BETHANY COMMUNITY CENTER IS A WHOLLY OWNED SUBSIDIARY OF BETHANY CHURCH. THE COMMUNITY CENTER IS A MULTI-PURPOSE CENTER THAT ENRICHES AND STRENGTHENS LIFE IN THE COMMUNITY THROUGH SERVICES, PARTNERSHIPS AND PROGRAMS.

Program Service Accomplishments

Program 1

BETHANY COMMUNITY CENTER IS A MULTI-PURPOSE FACILITY THAT ENRICHES AND STRENGTHENS LIFE IN OUR COMMUNITY THROUGH SERVICES, PARTNERSHIPS AND PROGRAMS! OUR CENTER ALSO FACILITATES PHYSICAL ACTIVITIES SUCH AS BASKETBALL, VOLLEYBALL, PICKLEBALL, GROUP FIT CLASSES ( CYCLE, ZUMBA, BOOT CAMP, HIIT) AND MORE. IN THE UPCOMING MONTHS, BETHANY COMMUNITY CENTER WILL BE USED FOR SOCIO-ECONOMIC DEVELOPMENT CLASSES (ELL, GED, SAT, COMPUTER, FINANCIAL, HEALTH AND WELLNESS SEMINARS). OUR CENTER IS AVAILABLE TO INDIVIDUALS AND ORGANIZATIONS IN THE AREA WHO ARE LOOKING TO HOST THEIR OWN EVENTS. THE COMMUNITY CENTER IS LOCATED AT: 605 PASCACK RD, WASHINGTON TOWNSHIP, NJ 07676

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FINUCANE	SECRETARY	5.00	Officer Director	$0	$0	$0
BLISS VARUGHESE	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID ANZANO	DEACON	1.00	Director	$0	$0	$0
CHRIS BARRY	DEACON	1.00	Director	$0	$0	$0
WAYNE BOOYSEN	DEACON	1.00	Director	$0	$0	$0
DAN MAIO	DEACON	1.00	Director	$0	$0	$0
ROBBIE MITCHELL	DEACON	1.00	Director	$0	$0	$0
DAVID MAY	DEACON	1.00	Director	$0	$0	$0
DAVID REYES	DEACON	1.00	Director	$0	$0	$0
HERIBERTO RIOS	DEACON	1.00	Director	$0	$0	$0
JIM UNGER	DEACON	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
2022	No data	No data	No data	No data
2021	No data	No data	No data	No data
2020	$86,042	$1,042,203	$131,369	$-956,161
2019	$374,007	$1,200,862	$168,490	$-826,855