Civic Intelligence

Beam Foundation

990EZ • Fiscal year 2019 • EIN 35-2261710

Oct 01, 2018 to Sep 30, 2019 • Filed on May 15, 2020

Organization ProfileWWW.THEBEAMFOUNDATION.ORG
306 Airline DriveCoppell, TX 75019

(817) 251-9116

Siviq Scores

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

Liabilities / Assets

99th percentile

16.62x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

5.04x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-45%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

11th percentile

-44%

Faster revenue growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$848

Down $685 (-45%) from 2018

Net Assets

Down

-$13,247

Down $433 (-3.4%) from 2018

Liabilities

Down

$14,095

Down $252 (-1.8%) from 2018

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin19th percentile

Revenue

Down

$2,799

Down $2,244 (-44%) from 2018

Expenses

Down

$3,232

Down $164 (-4.8%) from 2018

Net Income

Down

-$433

Down $2,080 (-126%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$150K$100K$50K$0-$50KAssets 2010: $72,756Liabilities 2010: $9,347Net Assets 2010: $63,4092010Assets 2011: $72,756Liabilities 2011: $9,347Net Assets 2011: $63,4092011Assets 2012: $72,500Liabilities 2012: $9,347Net Assets 2012: $63,1532012Assets 2013: $105,100Liabilities 2013: $14,347Net Assets 2013: $90,7532013Assets 2014: $82,045Liabilities 2014: $15,991Net Assets 2014: $66,0542014Assets 2015: $33,206Liabilities 2015: $15,991Net Assets 2015: $17,2152015Assets 2016: $3,130Liabilities 2016: $15,991Net Assets 2016: -$12,8612016Assets 2017: $1,530Liabilities 2017: $15,991Net Assets 2017: -$14,4612017Assets 2018: $1,533Liabilities 2018: $14,347Net Assets 2018: -$12,8142018Assets 2019: $848Liabilities 2019: $14,095Net Assets 2019: -$13,2472019Assets 2020: $12,946Liabilities 2020: $14,095Net Assets 2020: -$1,1492020Assets 2021: $11,930Liabilities 2021: $14,095Net Assets 2021: -$2,1652021

Highlighted filing

2019

Assets$848
Liabilities$14,095
Net Assets-$13,247
Open 2019 Filing

Operations Trend

Revenue Growth11th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $5,466Expenses 2010: $5,303Net Income 2010: $1632010Expenses 2012: $2562012Revenue 2013: $123,191Expenses 2013: $95,591Net Income 2013: $27,6002013Revenue 2014: $76,090Expenses 2014: $100,790Net Income 2014: -$24,7002014Revenue 2015: -$12,128Expenses 2015: $36,710Net Income 2015: -$48,8382015Revenue 2016: $2,400Expenses 2016: $32,477Net Income 2016: -$30,0772016Expenses 2017: $1,6002017Revenue 2018: $5,043Expenses 2018: $3,396Net Income 2018: $1,6472018Revenue 2019: $2,799Expenses 2019: $3,232Net Income 2019: -$4332019Revenue 2020: $0Expenses 2020: $41,932Net Income 2020: -$41,9322020Revenue 2021: $114Expenses 2021: $1,130Net Income 2021: -$1,0162021

Highlighted filing

2019

Revenue$2,799
Expenses$3,232
Net Income-$433
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
May 15, 2020
Return Version
2018v3.1
Gross Receipts
$2,799
Mission and Program Overview

Mission

To support charitable organizations in our community.

Program Services

DescriptionGrantsExpenses
FUNDRAISING THROUGH VARIOUS FUNCTIONS TO PROVIDE SUPPORT FOR CHARITIES INCLUDING THE AMERICAN LUNG ASSOCIATION, JUVENILE DIABETES RESEARCH FOUNDATION, JONATHAN'S PLACE, AND OTHER LOCAL CHARITIES.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEN BEAMPresident-$0--
DARLA BEAMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Beam Foundation
EIN
35-2261710
Phone
8172519116
Address
306 AIRLINE DRIVE, COPPELL, TX 75019

Signing Officer

Name
Ken Beam
Title
President
Phone
8172519116
Signed
2020-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
205 N MICHIGAN AVE 2800, CHICAGO, IL 60601-5927
Preparer
Mark Heroux
Phone
3127298000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank service fees. Amount: 340. Description: marketing. Amount: 2,239. Description: merchant fees. Amount: 653. Total to form 990-ez, line 16: 3,232.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: grants payable. Beg. Of year amount: 4,347. End of year amount: 4,095. Description: loan from officers. Beg. Of year amount: 10,000. End of year amount: 10,000.”

Raw XML Appendix158 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEN BEAM
IRS990EZ/BooksInCareOfDetail/PhoneNum08172519116
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0306 AIRLINE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COPPELL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075019
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01533
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0848
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt02799
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-433
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01533
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0848
IRS990EZ/GrossReceiptsAmt02799
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt010000
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-12814
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-13247
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-12814
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-13247
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEN BEAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DARLA BEAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03232
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT CHARITABLE ORGANIZATIONS IN OUR COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDRAISING THROUGH VARIOUS FUNCTIONS TO PROVIDE SUPPORT FOR CHARITIES INCLUDING THE AMERICAN LUNG ASSOCIATION, JUVENILE DIABETES RESEARCH FOUNDATION, JONATHAN'S PLACE, AND OTHER LOCAL CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014347
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014095
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03232
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02799
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THEBEAMFOUNDATION.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02799
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04380
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01644
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01894
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt014872
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02799
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05043
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04630
IRS990ScheduleA/Total509Grp/TotalAmt014872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04630
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014872
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0KEN BEAM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FOUNDATION OPERATING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt010000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK SERVICE FEES. AMOUNT: 340. DESCRIPTION: MARKETING. AMOUNT: 2,239. DESCRIPTION: MERCHANT FEES. AMOUNT: 653. TOTAL TO FORM 990-EZ, LINE 16: 3,232.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: GRANTS PAYABLE. BEG. OF YEAR AMOUNT: 4,347. END OF YEAR AMOUNT: 4,095. DESCRIPTION: LOAN FROM OFFICERS. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN BEAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08172519116
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAM
ReturnHeader/Filer/EIN0352261710
ReturnHeader/Filer/PhoneNum08172519116
ReturnHeader/Filer/USAddress/AddressLine1Txt0306 AIRLINE DRIVE
ReturnHeader/Filer/USAddress/CityNm0COPPELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075019
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00882A3BD3791635C134A938B8FF3C2B174769BAB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00882A3BD3791635C134A938B8FF3C2B174769BAB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.1.30.194
ReturnHeader/FilingSecurityInformation/IPDt02020-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:28:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY VIRCHOW KRAUSE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 N MICHIGAN AVE 2800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0606015927
ReturnHeader/PreparerPersonGrp/PhoneNum03127298000
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK HEROUX
ReturnHeader/ReturnTs02020-05-15T09:39:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$848
Liabilities
$14,095
Net assets
-$13,247
Revenue
$2,799
Expenses
$3,232
Net income
-$433
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.14$0.02$0.00$0.01$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.14$0.01$0.00$0.42$0.42
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.14$0.13$0.03$0.03$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.14$0.13$0.05$0.03$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.16$0.14$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.16$0.13$0.02$0.32$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.16$0.17$0.12$0.37$0.49
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.16$0.66$0.76$1.01$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.14$0.91$1.23$0.96$0.28
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.09$0.63$0.00
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.09$0.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.09$0.63$0.05$0.05$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits