Civic Intelligence

Virtuous Beacon Association

EIN 47-3556694 • 501(c)3 • Memphis, TN

Profile

to assist with finding employment services in nontraditional career path such as public safety

2729 CentralMemphis, TN 38111

virtuousbeaconasc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

73rd percentile

18%

Higher net margin than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$67,885

Up $67,885 from 2021

Liabilities

Up

$67,885

Up $67,885 from 2021

Net Assets

Flat

$0

Flat from 2021

Revenue

Up

$378,761

Up $39,219 (+12%) from 2021

Expenses

Up

$310,876

Up $83,237 (+37%) from 2021

Net Income

Down

$67,885

Down $44,018 (-39%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2018: $80,527Liabilities 2018: $02018Assets 2019: $120,902Liabilities 2019: $124,0912019Assets 2020: $58,052Liabilities 2020: $67,0242020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $67,885Liabilities 2022: $67,885Net Assets 2022: $02022

Highlighted filing

2022

Assets$67,885
Liabilities$67,885
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2018: $80,527Expenses 2018: $85,358Net Income 2018: -$4,8312018Revenue 2019: $120,902Expenses 2019: $124,091Net Income 2019: -$3,1892019Revenue 2020: $58,052Expenses 2020: $67,024Net Income 2020: -$8,9722020Revenue 2021: $339,542Expenses 2021: $227,639Net Income 2021: $111,9032021Revenue 2022: $378,761Expenses 2022: $310,876Net Income 2022: $67,8852022

Highlighted filing

2022

Revenue$378,761
Expenses$310,876
Net Income$67,885

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 21, 2023
Return Version
2022v5.0
Gross Receipts
$378,761
Mission and Program Overview

Mission

To assist in finding a career path by entering into non traditional occupations like public safety

to assist in finding a career path by entering in non traditional occupations like public safety

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$67,885-
Total Assets$0$67,885▲ $67,885
Liabilities
Accounts Payable and Accrued Expenses-$67,885-
Total Liabilities$0$67,885▲ $67,885
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$67,885▲ $67,885
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrea JamersonPresidentPT$47,160$47,160
Alexanderia RallingsSecretaryFT$44,322$44,322
Cheron WhiteManagerPT$3,991$3,991

Board Members and Trustees

NameTitle
Mary BedfordManager
Kimberly FordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$261,858
Investment Income
$116,903
Other Revenue
$0
Change in Net Assets
$67,885
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$293,596
Other Expenses$17,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$293,596--$293,596
Office Expenses$17,280--$17,280
Total Functional Expenses$310,876$0$0$310,876
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
Yes
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
Backup withholding compliance
No
Business relationship with 35% controlled entity
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

Part VI Line 11B

no review will be conducted

Part VI Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Virtuous Beacon Association
EIN
47-3556694
In Care Of
% Andrea Jamerson
Phone
9016282960
Address
2729 Central, Memphis, TN 38111
Doing Business As
Virtuous Beacon Association

Signing Officer

Name
Andrea Jamerson
Title
President
Phone
9016282960
Signed
2023-03-21

Organization Details

Principal Officer
Andrea Jamerson
Formed
2015
Legal Domicile
Tn
Voting Board Members
0
Independent Board Members
0
Employees
0
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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.