Civic Intelligence

The Beacon Foundation Inc a Non-Profit Corporation

990 • Fiscal year 2018 • EIN 41-1939919

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

Organization ProfileWWW.BEACONFOUNDATION.ORG
PO Box 211756Eagan, MN 55121

(651) 245-2441

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

23rd percentile

-8.1%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.7%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$511,643

Down $3,583 (-0.7%) from 2017

Net Assets

Down

$511,643

Down $3,583 (-0.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin23rd percentile

Revenue

Down

$44,138

Down $12,829 (-23%) from 2017

Expenses

Up

$47,721

Up $25,139 (+111%) from 2017

Net Income

Down

-$3,583

Down $37,968 (-110%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$600K$400K$200K$0Assets 2011: $385,552Liabilities 2011: $1,0852011Assets 2012: $431,825Liabilities 2012: $02012Assets 2013: $466,264Liabilities 2013: $02013Assets 2014: $477,778Liabilities 2014: $1,3002014Assets 2015: $466,393Liabilities 2015: $8,600Net Assets 2015: $457,7932015Assets 2016: $480,841Liabilities 2016: $0Net Assets 2016: $480,8412016Assets 2017: $515,226Liabilities 2017: $0Net Assets 2017: $515,2262017Assets 2018: $511,643Liabilities 2018: $0Net Assets 2018: $511,6432018Assets 2019: $475,947Liabilities 2019: $0Net Assets 2019: $475,9472019Assets 2020: $459,135Liabilities 2020: $1,870Net Assets 2020: $457,2652020Assets 2021: $428,728Liabilities 2021: $0Net Assets 2021: $428,7282021Assets 2022: $389,641Liabilities 2022: $0Net Assets 2022: $389,6412022Assets 2023: $328,560Liabilities 2023: $0Net Assets 2023: $328,5602023Assets 2024: $280,806Liabilities 2024: $0Net Assets 2024: $280,8062024

Highlighted filing

2018

Assets$511,643
Liabilities$0
Net Assets$511,643
Open 2018 Filing

Operations Trend

Revenue Growth14th percentile

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

$100K$50K$0-$50K-$100KRevenue 2011: $82,806Expenses 2011: $76,104Net Income 2011: $6,7022011Revenue 2012: $78,300Expenses 2012: $30,942Net Income 2012: $47,3582012Revenue 2013: $75,374Expenses 2013: $40,935Net Income 2013: $34,4392013Revenue 2014: $66,143Expenses 2014: $55,929Net Income 2014: $10,2142014Revenue 2015: $60,473Expenses 2015: $79,158Net Income 2015: -$18,6852015Revenue 2016: $60,309Expenses 2016: $37,261Net Income 2016: $23,0482016Revenue 2017: $56,967Expenses 2017: $22,582Net Income 2017: $34,3852017Revenue 2018: $44,138Expenses 2018: $47,721Net Income 2018: -$3,5832018Revenue 2019: $38,407Expenses 2019: $74,103Net Income 2019: -$35,6962019Revenue 2020: $16,700Expenses 2020: $35,382Net Income 2020: -$18,6822020Revenue 2021: $9,117Expenses 2021: $37,654Net Income 2021: -$28,5372021Revenue 2022: $6,022Expenses 2022: $45,109Net Income 2022: -$39,0872022Revenue 2023: $4,832Expenses 2023: $65,913Net Income 2023: -$61,0812023Revenue 2024: $7,864Expenses 2024: $55,618Net Income 2024: -$47,7542024

Highlighted filing

2018

Revenue$44,138
Expenses$47,721
Net Income-$3,583
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$44,138
Mission and Program Overview

Mission

To provide temporary financial assistance to u.s. Based delta airlines flight attendants who are unable to work and financially support themselves and their immediate family members because he/she is suffering from, or providing primary care for an immediate family member who is suffering from, a serious/terminal illness, injury, or disability.

The foundation provides temporary financial assistance to u.s. Based delta airlines flight attendants and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$515,226$511,643▼ $3,583
Rtn Earn Endowment Incm Other Fnds$515,226$511,643▼ $3,583
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$515,226$511,643▼ $3,583
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$515,226$511,643▼ $3,583
Total Liabilities and Net Assets / Fund Balance$515,226$511,643▼ $3,583

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,706$1,706
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Jeff AbrahamsonPresident
Becky CarrollVice President
May ConwaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$42,277
Program Service Revenue
$0
Investment Income
$1,861
Other Revenue
$0
All Other Contributions
$42,277
Change in Net Assets
$-3,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$28,000
Salaries, Compensation, and Employee Benefits$12,918
Other Expenses$6,803
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$28,000--$28,000
Other Salaries and Wages-$12,000-$12,000
Office Expenses-$2,583-$2,583
Fees for Services Accounting-$1,900-$1,900
Fees for Services Other-$1,807-$1,807
Payroll Taxes-$918-$918
Insurance-$513-$513
Total Functional Expenses$28,000$19,721$0$47,721
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The board of directors are elected annually at the regular meeting.”

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is provided to and reviewed by the entire board of directors prior to filing.”

Form 990, Part VI, Section C, Line 19

“All governing documents are made available to the public. These documents can be obtained by mail or e-mail request.”

Filing and Contact Details

Filer

Filer Name
The Beacon Foundation Inc
EIN
41-1939919
Phone
6512452441
Address
PO BOX 211756, EAGAN, MN 55121

Signing Officer

Name
Jeff Abrahamson
Title
President
Phone
6512452441
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Abrahamson
Formed
2000
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
6800 FRANCE AVENUE SO SUITE 550, EDINA, MN 55435
Preparer
Eric C Baertsch
Phone
9528413950
Raw XML Appendix322 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO U.S. BASED DELTA AIRLINES FLIGHT ATTENDANTS AND THEIR FAMILIES.
IRS990/AllOtherContributionsAmt042277
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JEFF ABRAHAMSON
IRS990/BooksInCareOfDetail/PhoneNum06512452441
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 SOUTH 5TH STREET SUITE 1075
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055402
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt042277
IRS990/CYGrantsAndSimilarPaidAmt028000
IRS990/CYInvestmentIncomeAmt01861
IRS990/CYOtherExpensesAmt06803
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3583
IRS990/CYSalariesCompEmpBnftPaidAmt012918
IRS990/CYTotalExpensesAmt047721
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt044138
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO HELP RESTORE THE DIGNITY OF FLIGHT ATTENDANTS WHO HAVE LOST THEIR INCOME AND ARE STRUGGLING TO PAY THEIR BILLS. GRANTS ARE GIVEN TO HELP FLIGHT ATTENDANTS PAY FOR NECESSARY LIVING EXPENSES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt028000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01900
IRS990/FeesForServicesAccountingGrp/TotalAmt01900
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01807
IRS990/FeesForServicesOtherGrp/TotalAmt01807
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF ABRAHAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm1BECKY CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm2MAY CONWAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt028000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt028000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt028000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt044138
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0513
IRS990/InsuranceGrp/TotalAmt0513
IRS990/InvestmentIncomeGrp/ExclusionAmt01861
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01861
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01706
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt01706
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE TEMPORARY FINANCIAL ASSISTANCE TO U.S. BASED DELTA AIRLINES FLIGHT ATTENDANTS WHO ARE UNABLE TO WORK AND FINANCIALLY SUPPORT THEMSELVES AND THEIR IMMEDIATE FAMILY MEMBERS BECAUSE HE/SHE IS SUFFERING FROM, OR PROVIDING PRIMARY CARE FOR AN IMMEDIATE FAMILY MEMBER WHO IS SUFFERING FROM, A SERIOUS/TERMINAL ILLNESS, INJURY, OR DISABILITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0515226
IRS990/NetAssetsOrFundBalancesEOYAmt0511643
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02583
IRS990/OfficeExpensesGrp/TotalAmt02583
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012000
IRS990/OtherSalariesAndWagesGrp/TotalAmt012000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0918
IRS990/PayrollTaxesGrp/TotalAmt0918
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JEFF ABRAHAMSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt054745
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03000
IRS990/PYInvestmentIncomeAmt02222
IRS990/PYOtherExpensesAmt06664
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt034385
IRS990/PYSalariesCompEmpBnftPaidAmt012918
IRS990/PYTotalExpensesAmt022582
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt056967
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-3583
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0515226
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0511643
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0515226
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0511643
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042277
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt054745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt058504
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt059199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0272012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01861
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02222
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01858
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01969
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02051
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09961
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96470
IRS990ScheduleA/PublicSupportPY170Pct00.96490
IRS990ScheduleA/PublicSupportTotal170Amt0272012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042277
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt057287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt058504
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt059199
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0272012
IRS990ScheduleA/TotalSupportAmt0281973
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01706
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01706
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt028000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HARDSHIP DONATION TO MEMBERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0DONATION TO MEMBERS WITH FINANCIAL HARDSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION EXERCISES DUE DILIGENCE PRIOR TO PROVIDING GRANTS AND OTHER ASSISTANCE. GRANTS AND ASSISTANCE ARE ISSUED FOR THE GENERAL USE OF THE INDIVIDUALS THAT RECEIVE THEM. ALL GRANTS AND ASSISTANCE ARE APPROVED BY THE BOARD OF DIRECTORS. IN ORDER TO RECEIVE FINANCIAL ASSISTANCE, THE INDIVIDUAL MUST MEET CERTAIN REQUIREMENTS AND FILL OUT AN APPLICATION REQUEST FORM. REQUESTS FOR ASSISTANCE ARE CONSIDERED ON A CASE-BY-CASE BASIS. APPLICATIONS THAT ARE INCOMPLETE OR DO NOT FIT WITHIN THE FOUNDATION'S PARAMETERS CAN BE DENIED. THERE IS NO ADDITIONAL MONITORING ONCE THE GRANT OR ASSISTANCE IS DISBURSED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ARE ELECTED ANNUALLY AT THE REGULAR MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED TO AND REVIEWED BY THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. THESE DOCUMENTS CAN BE OBTAINED BY MAIL OR E-MAIL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0515226
IRS990/TotalAssetsEOYAmt0511643
IRS990/TotalAssetsGrp/BOYAmt0515226
IRS990/TotalAssetsGrp/EOYAmt0511643
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt042277
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019721
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt028000
IRS990/TotalFunctionalExpensesGrp/TotalAmt047721
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0515226
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0511643
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt028000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01861
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt044138
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0515226
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0511643
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 211756
IRS990/USAddress/CityNm0EAGAN
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055121
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BEACONFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF ABRAHAMSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06512452441
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BEACON FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0A NON-PROFIT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAC
ReturnHeader/Filer/EIN0411939919
ReturnHeader/Filer/PhoneNum06512452441
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 211756
ReturnHeader/Filer/USAddress/CityNm0EAGAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055121
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00938D8DB5C4DDE853E46E76E68F7A068926B230F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E2C35A8318D24212DDF67D3AF46D54948B54095C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.235.239.120
ReturnHeader/FilingSecurityInformation/IPDt02019-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:35:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320043599
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEGACY PROFESSIONALS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06800 FRANCE AVENUE SO SUITE 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055435
ReturnHeader/PreparerPersonGrp/PhoneNum09528413950
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC C BAERTSCH
ReturnHeader/ReturnTs02019-11-12T13:15:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$511,643
Liabilities
$0
Net assets
$511,643
Revenue
$44,138
Expenses
$47,721
Net income
-$3,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$0.08$0.56$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.05$0.66$0.61
2022Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$0.06$0.45$0.39
2021Detailed filing. Detailed filing data is available for this year.$4.29$0.00$4.29$0.09$0.38$0.29
2020Detailed filing. Detailed filing data is available for this year.$4.59$0.02$4.57$0.17$0.35$0.19
2019Detailed filing. Detailed filing data is available for this year.$4.76$0.00$4.76$0.38$0.74$0.36
2018Detailed filing. Detailed filing data is available for this year.$5.12$0.00$5.12$0.44$0.48$0.04
2017Detailed filing. Detailed filing data is available for this year.$5.15$0.00$5.15$0.57$0.23$0.34
2016Detailed filing. Detailed filing data is available for this year.$4.81$0.00$4.81$0.60$0.37$0.23
2015Detailed filing. Detailed filing data is available for this year.$4.66$0.09$4.58$0.60$0.79$0.19
2014Summary only. Only limited summary data is available for this year.$4.78$0.01$0.66$0.56$0.10
2013Summary only. Only limited summary data is available for this year.$4.66$0.00$0.75$0.41$0.34
2012Summary only. Only limited summary data is available for this year.$4.32$0.00$0.78$0.31$0.47
2011Summary only. Only limited summary data is available for this year.$3.86$0.01$0.83$0.76$0.07