Civic Intelligence

Beacon Tree Foundation

990EZ • Fiscal year 2020 • EIN 26-2471438

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 28, 2021

9201 Arboretum Parkway Suite 140Richmond, VA 23236

(804) 377-6952

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.31x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.58x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

8th percentile

-95%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

21st percentile

-18%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-55%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$41,181

Down $8,747 (-18%) from 2019

Net Assets

Down

$28,284

Down $19,497 (-41%) from 2019

Liabilities

Up

$12,897

Up $10,750 (+501%) from 2019

Revenue

Down

$22,338

Down $27,288 (-55%) from 2019

Expenses

Down

$43,481

Down $1,281 (-2.9%) from 2019

Net Income

Down

-$21,143

Down $26,007 (-535%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2015: $36,688Liabilities 2015: $5,614Net Assets 2015: $31,0742015Assets 2016: $51,885Liabilities 2016: $3,807Net Assets 2016: $48,0782016Assets 2017: $64,244Liabilities 2017: $3,927Net Assets 2017: $60,3172017Assets 2018: $43,495Liabilities 2018: $2,324Net Assets 2018: $41,1712018Assets 2019: $49,928Liabilities 2019: $2,147Net Assets 2019: $47,7812019Assets 2020: $41,181Liabilities 2020: $12,897Net Assets 2020: $28,2842020Assets 2021: $61,583Liabilities 2021: $17,852Net Assets 2021: $43,7312021Assets 2022: $42,803Liabilities 2022: $18,142Net Assets 2022: $24,6612022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$41,181
Liabilities$12,897
Net Assets$28,284

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2015: $47,607Expenses 2015: $38,204Net Income 2015: $9,4032015Revenue 2016: $49,827Expenses 2016: $39,202Net Income 2016: $10,6252016Revenue 2017: $66,273Expenses 2017: $54,017Net Income 2017: $12,2562017Revenue 2018: $45,791Expenses 2018: $64,256Net Income 2018: -$18,4652018Revenue 2019: $49,626Expenses 2019: $44,762Net Income 2019: $4,8642019Revenue 2020: $22,338Expenses 2020: $43,481Net Income 2020: -$21,1432020Revenue 2021: $74,249Expenses 2021: $59,793Net Income 2021: $14,4562021Revenue 2022: $36,548Expenses 2022: $53,707Net Income 2022: -$17,1592022Revenue 2023: $44,607Expenses 2023: $69,268Net Income 2023: -$24,6612023

Highlighted filing

2020

Revenue$22,338
Expenses$43,481
Net Income-$21,143
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 28, 2021
Return Version
2020v4.1
Gross Receipts
$22,338
Mission and Program Overview

Mission

SEE O-STATEMENT 1

Program Services

DescriptionGrantsExpenses
PAYMENT FOR INITIAL PSYCHOLOGICAL EVALUATIONS FOR YOUNG PEOPLE, ALL OR IN PART BASED ON INSURANCE COVERAGE.-$11,200
HEALING CONNECTOR IS A MENTAL HEALTH EDUCATION AND RESOURCE GUIDE DESIGNED TO REMOVE THE STIGMA RELATED TO SEEKING MENTAL HEALTH SUPPORT, SERVICES AND TREATMENT.-$7,240
Other program services-$4,874
TO PROVIDE PARENTS SUPPORT TO DEFRAY THE COST OF SPECIAL THERAPEUTIC PROGRAMS AND SCHOOLS WHOSE COSTS ARE BEYOND THEIR FINANCIAL MEANS AND HELP SUPPLY MENTAL HEALTH PROVIDERS.-$2,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM LEAHYPresidentPT$0--
MICHELLE ETHRIDGEVice PresidentPT$0--
GEORGE FOREMANSecretarytreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Beacon Tree Foundation
EIN
26-2471438
Address
9201 ARBORETUM PARKWAY SUITE 140, RICHMOND, VA 23236

Signing Officer

Name
Tom Leahy
Title
President
Phone
8004146427
Signed
2021-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Compass CPAs of Virginia
Address
9201 Arboretum Pkway Suite 140, North Chesterfield, VA 23236
Preparer
Judy Nester CPA
Phone
8043776952
Supplemental Narrative

Additional Explanations

General explanation attachment

Statement 1: beacon tree foundation is dedicated to being an advocate for the family, providing education about treatment and financial resources to heal children struggling with mental health issues and create hope for the future.

Description of other expenses Part I line 16

Description amountoffice expenses 1,007indirect fundraising expenses 2,560advertising 1,468bank service charges 862insurance 748interest expense 112licenses and taxes expense 125program service expenses 25,664telephone 207

Other changes in net assets or fund balances Part I line 20

Description amountunrealized gain/loss 1,646

Description of other assets Part II line 24

Category beginning of year end of yearmarketable securities 16,861 18,591

Description of total liabilities Part II line 26

Category beginning of year end of yearaccounts payable 2,061 603capital one 86 1,494sba eidl loan 0 10,800

Other program services Part III line 31

Website education content for families struggling with mental health issues

Raw XML Appendix175 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2HEALING CONNECTOR IS A MENTAL HEALTH EDUCATION AND RESOURCE GUIDE DESIGNED TO REMOVE THE STIGMA RELATED TO SEEKING MENTAL HEALTH SUPPORT, SERVICES AND TREATMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STATEMENT 1: BEACON TREE FOUNDATION IS DEDICATED TO BEING AN ADVOCATE FOR THE FAMILY, PROVIDING EDUCATION ABOUT TREATMENT AND FINANCIAL RESOURCES TO HEAL CHILDREN STRUGGLING WITH MENTAL HEALTH ISSUES AND CREATE HOPE FOR THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTOFFICE EXPENSES 1,007INDIRECT FUNDRAISING EXPENSES 2,560ADVERTISING 1,468BANK SERVICE CHARGES 862INSURANCE 748INTEREST EXPENSE 112LICENSES AND TAXES EXPENSE 125PROGRAM SERVICE EXPENSES 25,664TELEPHONE 207
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEBSITE EDUCATION CONTENT FOR FAMILIES STRUGGLING WITH MENTAL HEALTH ISSUES
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