Civic Intelligence

Beam Foundation

990EZ • Fiscal year 2020 • EIN 56-2012602

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

Organization Profilebeamfoundationclt.org
PO Box 562133Charlotte, NC 28256

(704) 726-1472

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

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

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.00x

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

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Net Margin

73rd percentile

36%

Higher net margin than 73% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

8.7%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$224,379

Up $33,136 (+17%) from 2019

Net Assets

Up

$224,379

Up $33,136 (+17%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin73rd percentile

Revenue

Up

$92,206

Up $7,381 (+8.7%) from 2019

Expenses

Down

$59,070

Down $13,778 (-19%) from 2019

Net Income

Up

$33,136

Up $21,159 (+177%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$300K$200K$100K$0Assets 2019: $191,243Liabilities 2019: $0Net Assets 2019: $191,2432019Assets 2020: $224,379Liabilities 2020: $0Net Assets 2020: $224,3792020Assets 2021: $241,116Liabilities 2021: $3,139Net Assets 2021: $237,9772021Assets 2022: $223,093Liabilities 2022: $680Net Assets 2022: $222,4132022

Highlighted filing

2020

Assets$224,379
Liabilities$0
Net Assets$224,379
Open 2020 Filing

Operations Trend

Revenue Growth75th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $84,825Expenses 2019: $72,848Net Income 2019: $11,9772019Revenue 2020: $92,206Expenses 2020: $59,070Net Income 2020: $33,1362020Revenue 2021: $182,218Expenses 2021: $114,036Net Income 2021: $68,1822021Revenue 2022: $200,646Expenses 2022: $216,209Net Income 2022: -$15,5632022

Highlighted filing

2020

Revenue$92,206
Expenses$59,070
Net Income$33,136
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$92,206
Mission and Program Overview

Mission

To promote community service, leadership development, and educational opportunities to high-risk youth and adults in special situations while maintaining a special emphasis on reaching out to young minority males

Program Services

DescriptionGrantsExpenses
NA$0$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
T BRIAN GEORGEExecutive DirectorPT$0--
JONATHAN LINDSAYVP Of OperationsPT$0--
KELLY PRATTVP Of FinancePT$0--
KEVIN HENDERSONTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Beam Foundation
EIN
56-2012602
Phone
7047261472
Address
PO BOX 562133, CHARLOTTE, NC 28256

Signing Officer

Name
T Brian George
Title
Executive Director
Phone
7047261472
Signed
2021-10-25

Preparer

Firm
Christopher E Carter CPA Pllc
Address
6047 TYVOLA GLEN CIR, CHARLOTTE, NC 28217
Preparer
Christopher E Carter
Phone
7049472222
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Scholarships; educational; : , , , ; , 21513.”

Form 990EZ, Part I, Line 10

“Charity; charity; march of dimes: 4833 berewick town center dr, charlotte, nc, 28278; none, 850.”

Form 990EZ, Part I, Line 16

“PROGRAM EXPENSES 26175.”

Raw XML Appendix157 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KEVIN HENDERSON
IRS990EZ/BooksInCareOfDetail/PhoneNum04045500646
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0104 LACHLAN DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FORT MILL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029715
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039993
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073129
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt092206
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt033136
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01785
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0191243
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt022363
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt092206
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0151250
IRS990EZ/LandAndBuildingsGrp/EOYAmt0151250
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NameChangeInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0191243
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0224379
IRS990EZ/OccupancyRentUtltsAndMaintAmt08443
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0T BRIAN GEORGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JONATHAN LINDSAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KELLY PRATT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEVIN HENDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP OF OPERATIONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP OF FINANCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt026175
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE COMMUNITY SERVICE, LEADERSHIP DEVELOPMENT, AND EDUCATIONAL OPPORTUNITIES TO HIGH-RISK YOUTH AND ADULTS IN SPECIAL SITUATIONS WHILE MAINTAINING A SPECIAL EMPHASIS ON REACHING OUT TO YOUNG MINORITY MALES
IRS990EZ/PrintingPublicationsPostageAmt0304
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NA
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059070
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt092206
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0beamfoundationclt.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt092206
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt084825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0177031
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0177031
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt092206
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt084825
IRS990ScheduleA/Total509Grp/TotalAmt0177031
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0177031
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS; EDUCATIONAL; : , , , ; , 21513.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHARITY; CHARITY; MARCH OF DIMES: 4833 BEREWICK TOWN CENTER DR, CHARLOTTE, NC, 28278; NONE, 850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM EXPENSES 26175.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0T BRIAN GEORGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07047261472
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAM
ReturnHeader/Filer/EIN0562012602
ReturnHeader/Filer/PhoneNum07047261472
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 562133
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028256
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTOPHER E CARTER CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06047 TYVOLA GLEN CIR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028217
ReturnHeader/PreparerPersonGrp/PhoneNum07049472222
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER E CARTER
ReturnHeader/ReturnTs02021-10-27T12:52:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0T BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GEORGE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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.

Open filing
Assets
$224,379
Liabilities
$0
Net assets
$224,379
Revenue
$92,206
Expenses
$59,070
Net income
$33,136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.23$0.01$2.22$2.01$2.16$0.16
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.03$2.38$1.82$1.14$0.68
2020Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.92$0.59$0.33
2019Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.85$0.73$0.12