Bethany Place INC EIN 58-1974825 Form 990 (PDF) Claim this org

Bethany Place INC

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Provides a safe, long-term home for women who have been displaced. For fiscal year 2025 it reported $244K in revenue, $179K in expenses, and $484K in net assets.Pt I

Founded
1991
Type
Public charity (501(c)(3)) · Human Services
Location
Canton, GA
Website
www.bethanyplacehome.org
Filings
6 on file (2020–2025)
Revenue
$244KFY2025
Expenses
$179K
Net assets
$484K
People
2
Filings
6
Updates
0
More identity details & actions ⌄
EIN  58-1974825 Public charity (501(c)(3)) Canton, GA Founded 1991
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides a safe, long-term home for women who have been displaced.
Leadership
Phil Wood · CEO/CFO
Money in and out
$244K revenue, $179K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$244K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$484K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $65K
Where spending went · Part IX cols B–D
Program services $0.99 Fundraising $0.01
Program efficiency
99%
of spending reaches programs+0.3% vs prior filing year
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate▲ ×29 vs prior filing year
Surplus margin
+27%
revenue over expenses, this year▲ ×14 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$244K
FY2025▲ +10%
Expenses
$179K
FY2025▼ -18%
Total assets
$701K
FY2025▲ +3%
Total liabilities
$217K
FY2025▼ -14%
Total revenue
$244K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$484K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$65K
Total assetsPt X · Ln 16$701K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBethany Place INC
EINHdr · item D58-1974825
Principal addressHdr · item CCanton, GA
WebsiteHdr · item Jwww.bethanyplacehome.org
Year of formationHdr · item L1991
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P800)
Ruling yearIRS BMFApr 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO/CFO
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Sandra K Reed’s $24K as President is at the 13th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sandra K Reed$24,000$18,000$31,500$36,000$45,000
Nivia D Reed$4,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $167K of program spending, described in the organization's own filed words · FY2025.
01

A long-term facility for women and children designed to take displaced women and help them become functional citizens not relying on public support for survival.

$167Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$242K · 99%
Investment income$1K · 1%
Contributions & grants99%$242K
Investment income1%$1K
Total revenueLn 12$244K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Fundraising $0.01
Program services99%$177K
Fundraising1%$1K
Total functional expensesLn 25$179K

Balance Sheet

Part X · end of year
CashLn 1$42K
Total assetsLn 16$701K
Total liabilitiesLn 26$217K
Total net assetsLn 32$484K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $42K · Operating expenses/yr $179K
2.9 months
Where the money goes
Program services
Program services $177K · Total expenses $179K
99%
Management & General
Management & general $0 · Total expenses $179K
0%
Fundraising
Fundraising $1K · Total expenses $179K
0.6%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $224K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $242K · Total revenue $244K
99%
Government reliance
Government grants — · Total revenue $244K
Earned-income share
Program service revenue $0 · Total revenue $244K
0%
Investment reliance
Investment income $1K · Total revenue $244K
+0.6%
Program self-sufficiency
Program service revenue $0 · Total expenses $179K
0%
Growth & trend
Revenue growth (YoY)
This year $244K · Prior year $221K
+10%
Revenue CAGR
FY2020 $310K · FY2025 $244K
-5%
Net-asset trend (YoY)
End of year $484K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $244K · Expenses $179K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $701K
Net-asset ratio
Net assets $484K · Total assets $701K
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $701K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Phil Wood · Reported title CEO/CFO · Highest reported compensation $0 · Total expenses $179K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $11K · Total expenses $179K
6%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Fundraising cost ratio 0.5%
Revenue growth 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$244K revenue · viewing · ⤓ 990 PDF
FY2024$221K revenue · ⤓ 990 PDF
FY2023$207K revenue · ⤓ 990 PDF
FY2022$171K revenue · ⤓ 990 PDF
FY2021$312K revenue · ⤓ 990 PDF
FY2020$310K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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