Skip to content
Nonprofiteer
← BETHANY COLLEGE

Form 990 for tax year 2023

Filed by BETHANY COLLEGE.

Totals

Total revenue
$30,576,466
Total expenses
$29,791,754
Contributions and grants received
$5,715,277
Grants paid
$11,958,509
Program service revenue
$24,738,840
Investment income
$122,820
Other revenue
-$471
Total assets, end of year
$39,397,726
Total liabilities, end of year
$40,384,706
Net assets or fund balances, end of year
-$986,980
Program services expenses (Part IX)
$26,130,611
Management and general expenses
$3,493,541
Fundraising expenses
$167,602
Program service expenses (Part III)
$26,130,611

Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $1,796,207

  • 1f · All other contributions, gifts and grants

    $3,919,070

  • 1g · Noncash contributions included above

    $4,670

  • 2a · Program service revenue: EDUCATION, GENERAL

    total $18,439,675 · related or exempt $18,439,675

  • 2b · Program service revenue: STUDENT HOUSING

    total $3,567,478 · related or exempt $3,567,478

  • 2c · Program service revenue: AUXILIARY ENTERPRISES

    total $2,605,605 · related or exempt $2,605,605

  • 2d · Program service revenue: STUDENT ACTIVITIES & OTHER

    total $126,082 · related or exempt $126,082

  • 3 · Investment income

    total $122,820 · excluded $122,820

  • 10a · Gross sales of inventory

    $3,788

  • 10b · Cost of goods sold

    $4,259

  • 10c · Net income from sales of inventory

    total -$471 · related or exempt -$471

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $11,958,509 · program services $11,958,509

  • 5 · Compensation of officers, directors and key employees

    total $582,913 · management and general $546,845 · fundraising $36,068

  • 7 · Other salaries and wages

    total $5,688,292 · program services $5,204,461 · management and general $471,020 · fundraising $12,811

  • 8 · Pension plan contributions

    total $316,949 · program services $306,677 · management and general $10,703 · fundraising -$431

  • 9 · Other employee benefits

    total $757,235 · program services $661,614 · management and general $90,387 · fundraising $5,234

  • 10 · Payroll taxes

    total $422,699 · program services $369,268 · management and general $50,985 · fundraising $2,446

  • 11b · Fees: legal

    total $28,559 · management and general $27,252 · fundraising $1,307

  • 11c · Fees: accounting

    total $114,432 · management and general $109,193 · fundraising $5,239

  • 11g · Fees: other

    total $1,791,366 · program services $976,316 · management and general $777,738 · fundraising $37,312

  • 12 · Advertising and promotion

    total $17,954 · program services $5,228 · management and general $12,143 · fundraising $583

  • 13 · Office expenses

    total $188,140 · program services $149,607 · management and general $36,769 · fundraising $1,764

  • 14 · Information technology

    total $584,000 · program services $420,882 · management and general $155,651 · fundraising $7,467

  • 16 · Occupancy

    total $849,670 · program services $771,314 · management and general $74,769 · fundraising $3,587

  • 17 · Travel

    total $260,479 · program services $232,965 · management and general $26,254 · fundraising $1,260

  • 20 · Interest

    total $742,881 · program services $719,703 · management and general $22,117 · fundraising $1,061

  • 22 · Depreciation, depletion and amortization

    total $1,766,300 · program services $1,711,191 · management and general $52,586 · fundraising $2,523

  • 23 · Insurance

    total $817,627 · program services $262,311 · management and general $529,895 · fundraising $25,421

  • 24a · Other expenses: FOOD/MEALS

    total $1,382,441 · program services $1,365,394 · management and general $16,267 · fundraising $780

  • 24b · Other expenses: OTHER EXPENSES

    total $507,659 · program services $464,687 · management and general $41,005 · fundraising $1,967

  • 24c · Other expenses: BAD DEBT

    total $447,515 · management and general $427,029 · fundraising $20,486

  • 24d · Other expenses: TEXTBOOK RENTAL PROGRAM

    total $284,065 · program services $284,065

  • 24e · All other expenses

    total $282,069 · program services $266,419 · management and general $14,933 · fundraising $717

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,130,859 · end of year $1,442,069

  • 3 · Pledges and grants receivable

    beginning of year $235,612 · end of year $0

  • 4 · Accounts receivable

    beginning of year $741,465 · end of year $794,230

  • 8 · Inventories for sale or use

    beginning of year $27,775 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $85,466 · end of year $59,777

  • 10a · Land, buildings and equipment: cost or other basis

    $67,002,697

  • 10b · Land, buildings and equipment: accumulated depreciation

    $30,247,961

  • 10c · Land, buildings and equipment, net

    beginning of year $36,283,291 · end of year $36,754,736

  • 11 · Investments: publicly traded securities

    beginning of year $1,120,592 · end of year $16

  • 12 · Investments: other securities

    beginning of year $152,947 · end of year $156,620

  • 13 · Investments: program-related

    beginning of year $695,826 · end of year $155,877

  • 15 · Other assets

    beginning of year $33,059 · end of year $34,401

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,324,472 · end of year $529,803

  • 19 · Deferred revenue

    beginning of year $778,861 · end of year $733,116

  • 24 · Unsecured notes and loans payable

    beginning of year $23,855,728 · end of year $22,481,636

  • 25 · Other liabilities

    beginning of year $18,310,353 · end of year $16,640,151

  • 27 · Net assets without donor restrictions

    beginning of year -$2,589,555 · end of year -$1,853,898

  • 28 · Net assets with donor restrictions

    beginning of year $827,033 · end of year $866,918

Mission and programs · 2023

Mission

BETHANY COLLEGE IS A PRIVATE, FOUR-YEAR LIBERAL ARTS COLLEGE WHOSE MISSION IS TO EDUCATE, DEVELOP, AND CHALLENGE INDIVIDUALS TO REACH FOR TRUTH AND EXCELLENCE AS THEY LEAD LIVES OF FAITH, LEARNING, AND SERVICE.

Activities or mission (Part I)

A PRIVATE, FOUR-YEAR LIBERAL ARTS EDUCATIONAL INSTITUTION.

  • EDUCATION AND INSTRUCTION - BETHANY COLLEGE, ESTABLISHED BY SWEDISH LUTHERAN IMMIGRANTS IN 1881, IS A COLLEGE OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA (ECLA) LOCATED IN LINDSBORG, KANSAS. BETHANY IS A SMALL, PRIVATE FOUR-YEAR INSTITUTION WHICH PROVIDES EDUCATION IN OVER 42 ACADEMIC DISCIPLINE MAJORS AND PROGRAMS OF STUDY WHICH LEAD TO THREE DEGREES. THE COLLEGE PROVIDES APPROXIMATELY 600 STUDENTS WITH AN EDUCATIONAL OPPORTUNITY THAT EMPHASIZES THE MISSION, WHICH IS TO EDUCATE, DEVELOP, AND CHALLENGE INDIVIDUALS TO REACH FOR TRUTH AND EXCELLENCE AS THEY LEAD LIVES OF FAITH, LEARNING, AND SERVICE.

    Expenses $20,729,862 · Grants $11,958,509 · Revenue $18,439,675

  • STUDENT SERVICES - THE MISSION OF THE OFFICE OF STUDENT DEVELOPMENT IS TO FOSTER THE DEVELOPMENT OF THE WHOLE PERSON - MIND, BODY, AND SPIRIT - ACCORDING TO THE RUBRIC EXPRESSED IN THE MISSION AND VALUES OF THE COLLEGE. THIS IS ACCOMPLISHED BY PROVIDING CARE, DIRECTION, ACTIVITY, AND EDUCATION IN ALL AREAS OF THE STUDENTS' LIVES OUTSIDE THE CLASSROOM.

    Expenses $2,213,679 · Revenue $3,693,560

  • AUXILIARY ENTERPRISES: AUXILIARY OPERATIONS OF THE COLLEGE PROVIDE ON-CAMPUS HOUSING, FOOD SERVICE, AND THE SWEDE NATION STATION BOOKSTORE.

    Expenses $3,187,070 · Revenue $2,605,134

As filed on the 2023 return.

Listed in Part VII

  • Dr Cheryl Rasmussen

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Becky Anderson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Rev Susan Candea Bishop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Concannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bruce Daise

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roper Degarmo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Drier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Paul Fishburn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marie Friedemann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bishop Michael Girlinghouse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carol Gusenius

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cynthia Gustavson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Robert Habiger

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jack Linquist

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Lysell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Anne Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Nick Okeson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shane Reif

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sarah Schilitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shelly Swayne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Min Euguene Thomas Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rev Booker Vance

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Mauch

    PRESIDENT

    Total calculated
    $270,735
    From this org
    $252,503
    From related orgs
    $0
    Other
    $18,232
    Hours/week
    60 + 1 related

    Schedule J breakdown matched by us

    Base
    $247,503
    Bonus
    $5,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,232
    Filer's total
    $270,735
  • Haley Wesley

    VP OF ENROLLMENT

    Total calculated
    $160,926
    From this org
    $139,626
    From related orgs
    $0
    Other
    $21,300
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $139,626
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,300
    Filer's total
    $160,926
  • Adam Pryor

    PROVOST

    Total calculated
    $152,154
    From this org
    $130,854
    From related orgs
    $0
    Other
    $21,300
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $130,854
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,300
    Filer's total
    $152,154
  • Krista Harris

    CFO THRU 1/31/24

    Total calculated
    $97,572
    From this org
    $76,272
    From related orgs
    $0
    Other
    $21,300
    Hours/week
    60 + 1 related
  • Jacob Spilker

    VP ADVANCEMENT & ALUMNI EN

    Total calculated
    $96,648
    From this org
    $90,528
    From related orgs
    $0
    Other
    $6,120
    Hours/week
    60

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE PRESIDENT'S CONTRACT INCLUDES A PROVISION FOR HOUSING AND COUNTRY CLUB DUES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUSTS (11)

    DONOR TRUST · KS

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2025
IRS schema version
2023v6.0
Source object
202501359349301525

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.