Bethany Legacy Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Bethany Legacy Foundation Inc is a 501(c)(3) organization based in Madison, Indiana, registered in 2022, with $8,220,018 in FY2024 revenue. CharityIndex grades it B+.
310 West St, Madison, IN, 47250 EIN 86-2593306 Since 2022
Revenue (FY2024)
$8.2M
▲ 70.9% vs prior year
Health median: $840K
Expenses (FY2024)
$6.9M
Net assets
$158.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bethany Legacy Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating277 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bethany Legacy Foundation Inc: 277 mo reserves · +17% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bethany Legacy Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bethany Legacy Foundation Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Promoting and supporting community health, through sustainable and impactful acts of service.
Contact & location
- Address
- 310 West St, Madison, IN, 47250
- City
- Madison
- State
- Indiana
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $82K (FY2021) to $8.2M (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38KNet assets $158.3M
Operating margin
16.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$158.3M
Total liabilities
$38K
Net assets
$158.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,220,018▲70.9% | $6,850,361▲8.8% | $158,308,498▲4.4% | $158,346,277▲4.4% | 990PF |
| 2023 | $4,809,712▼96.6% | $6,295,882▲733% | $151,644,731▲7.7% | $151,671,767▲7.7% | 990PF |
| 2022 | $141,754,702▲173222% | $755,497▲1607340% | $140,740,587▲158497% | $140,812,186▲158578% | 990PF |
| 2021 | $81,787 | $47 | $88,741 | $88,741 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dora Anim — $360,238 (5.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dora Anim | Ceo/president | 40 | $360,238 |
| Annie Schroeder | Director | 5 | — |
| Darlene Connolly | Director | 5 | — |
| Jackie Thurston | Secretary | 5 | — |
| Julie Berry | Chair | 5 | — |
| Leslie Grote | Treasurer | 5 | — |
| Sharyn Whitman | Vice Chair | 5 | — |
| Susan Craig | Director | 5 | — |
| Susan Ohlendorf | Director | 5 | — |
| Valecia Crisafulli | Director | 5 | — |
Similar organizations in Health
Compare Bethany Legacy Foundation Inc
Frequently asked questions
- Is Bethany Legacy Foundation Inc a legitimate nonprofit?
- Yes. Bethany Legacy Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 86-2593306, based in Madison, Indiana. Donations are tax-deductible.
- What is Bethany Legacy Foundation Inc's EIN?
- Bethany Legacy Foundation Inc's Employer Identification Number (EIN) is 86-2593306.
- How much revenue does Bethany Legacy Foundation Inc report?
- Bethany Legacy Foundation Inc reported $8,220,018 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bethany Legacy Foundation Inc have?
- CharityIndex grades Bethany Legacy Foundation Inc B+, based on financial health (reserves and operating margin).
- How much does Bethany Legacy Foundation Inc's highest-paid employee make?
- The highest reported compensation on Bethany Legacy Foundation Inc's latest Form 990 is $360,238, paid to Dora Anim (Ceo/president).
More nonprofits in Madison
Explore more
Data for Bethany Legacy Foundation Inc (EIN 86-2593306) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.