Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Beam Foundation
990EZ • Fiscal year 2020 • EIN 35-2261710
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.09x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Up$12,946
Up $12,098 (+1427%) from 2019
Net Assets
Up-$1,149
Up $12,098 (+91%) from 2019
Liabilities
Flat$14,095
Flat from 2019
Revenue And Expenses
Revenue
Down$0
Down $2,799 (-100%) from 2019
Expenses
Up$41,932
Up $38,700 (+1197%) from 2019
Net Income
Down-$41,932
Down $41,499 (-9584%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2019 to Sep 30, 2020
- Signed
- Aug 11, 2021
- Return Version
- 2019v5.2
- Gross Receipts
- $0
Mission and Program Overview
Mission
To support charitable organizations in our community.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 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
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KEN BEAM | President | - | $0 | - | - |
| DARLA BEAM | Director | - | $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
- 2021-08-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Baker Tilly US 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 10 - Payments to Affiliates
“Affiliate name: pegasus logistics. Affiliate address: 306 airline dr., suite 100 coppell, tx 75019. Amount of payment: 36,616.”
Form 990-ez, Part I, Line 10 - Payments to Affiliates
“Affiliate name: rebecca stilwell. Amount of payment: 5,000. Total included on form 990-ez, line 10: 41,616.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank service fees. Amount: 316. Description: golf fees loan. Amount: 36,616. Total to form 990-ez, line 16: 36,932.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior period adjustment. Amount: 54,030.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: grants payable. Beg. Of year amount: 4,095. 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KEN BEAM |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8172519116 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 306 AIRLINE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | COPPELL |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75019 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 848 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 12946 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -41932 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 848 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 12946 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 5000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 10000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -13247 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -1149 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -13247 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -1149 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KEN BEAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DARLA BEAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 54030 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 36932 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SUPPORT CHARITABLE ORGANIZATIONS IN OUR COMMUNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 14095 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 14095 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 41932 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THEBEAMFOUNDATION.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2799 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3399 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2400 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 8598 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1644 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1644 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 10242 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2799 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5043 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2400 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 10242 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 2799 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5043 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 2400 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 10242 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 10000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | PEGASUS LOGISTICS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | FOUNDATION OPERATING CAPITAL |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | REPAYMENT OF GOLF OUTING FEES |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 10000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 36616 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | KEN BEAM |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 10000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AFFILIATE NAME: PEGASUS LOGISTICS. AFFILIATE ADDRESS: 306 AIRLINE DR., SUITE 100 COPPELL, TX 75019. AMOUNT OF PAYMENT: 36,616. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AFFILIATE NAME: REBECCA STILWELL. AMOUNT OF PAYMENT: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 41,616. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: BANK SERVICE FEES. AMOUNT: 316. DESCRIPTION: GOLF FEES LOAN. AMOUNT: 36,616. TOTAL TO FORM 990-EZ, LINE 16: 36,932. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 54,030. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: GRANTS PAYABLE. BEG. OF YEAR AMOUNT: 4,095. END OF YEAR AMOUNT: 4,095. DESCRIPTION: LOAN FROM OFFICERS. BEG. OF YEAR AMOUNT: 10,000. END OF YEAR AMOUNT: 10,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEN BEAM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8172519116 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BEAM FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BEAM |
| ReturnHeader/Filer/EIN | 0 | 352261710 |
| ReturnHeader/Filer/PhoneNum | 0 | 8172519116 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 306 AIRLINE DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | COPPELL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75019 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390859910 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BAKER TILLY US LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 205 N MICHIGAN AVE 2800 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 606015927 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3127298000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-08-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARK HEROUX |
| ReturnHeader/ReturnTs | 0 | 2021-08-16T16:33:36-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-09-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $12,946
- Liabilities
- $14,095
- Net assets
- -$1,149
- Revenue
- $0
- Expenses
- $41,932
- Net income
- -$41,932