Civic Intelligence

The Beacon Council Economic Development Foundation Inc.

990 • Fiscal year 2015 • EIN 59-2738676

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 16, 2016

80 SW 8th Street No 2400Miami, FL 33130

(305) 579-1300

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

98th percentile

$304,274

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 61.9% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

88th percentile

46%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

63%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$502,199

Up $157,151 (+46%) from 2014

Net Assets

Up

$499,675

Up $154,637 (+45%) from 2014

Liabilities

Up

$2,524

Up $2,514 (+25140%) from 2014

Revenue

Up

$491,639

Up $190,705 (+63%) from 2014

Expenses

Up

$337,002

Up $225,463 (+202%) from 2014

Net Income

Down

$154,637

Down $34,758 (-18%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $469,885Liabilities 2011: $417,417Net Assets 2011: $52,4682011Assets 2012: $158,290Liabilities 2012: $160,393Net Assets 2012: -$2,1032012Assets 2013: $155,653Liabilities 2013: $10Net Assets 2013: $155,6432013Assets 2014: $345,048Liabilities 2014: $10Net Assets 2014: $345,0382014Assets 2015: $502,199Liabilities 2015: $2,524Net Assets 2015: $499,6752015Assets 2016: $470,154Liabilities 2016: $4,742Net Assets 2016: $465,4122016Assets 2017: $399,840Liabilities 2017: $134,764Net Assets 2017: $265,0762017Assets 2018: $727,218Liabilities 2018: $570,471Net Assets 2018: $156,7472018Assets 2019: $886,920Liabilities 2019: $779,430Net Assets 2019: $107,4902019Assets 2020: $1,213,520Liabilities 2020: $1,199,876Net Assets 2020: $13,6442020Assets 2021: $2,258,450Liabilities 2021: $2,224,995Net Assets 2021: $33,4552021Assets 2022: $1,440,963Liabilities 2022: $1,451,324Net Assets 2022: -$10,3612022Assets 2023: $801,639Liabilities 2023: $861,556Net Assets 2023: -$59,9172023Assets 2024: $361,275Liabilities 2024: $425,555Net Assets 2024: -$64,2802024

Highlighted filing

2015

Assets$502,199
Liabilities$2,524
Net Assets$499,675

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $407,500Expenses 2011: $425,970Net Income 2011: -$18,4702011Expenses 2012: $69,5712012Expenses 2013: $27,5542013Revenue 2014: $300,934Expenses 2014: $111,539Net Income 2014: $189,3952014Revenue 2015: $491,639Expenses 2015: $337,002Net Income 2015: $154,6372015Revenue 2016: $317,347Expenses 2016: $351,610Net Income 2016: -$34,2632016Revenue 2017: $74,315Expenses 2017: $274,651Net Income 2017: -$200,3362017Revenue 2018: $572,734Expenses 2018: $688,303Net Income 2018: -$115,5692018Revenue 2019: $593,770Expenses 2019: $643,027Net Income 2019: -$49,2572019Revenue 2020: $340,749Expenses 2020: $434,595Net Income 2020: -$93,8462020Revenue 2021: $624,041Expenses 2021: $637,815Net Income 2021: -$13,7742021Revenue 2022: $1,268,170Expenses 2022: $1,270,850Net Income 2022: -$2,6802022Revenue 2023: $816,730Expenses 2023: $826,286Net Income 2023: -$9,5562023Revenue 2024: $1,048,797Expenses 2024: $1,053,160Net Income 2024: -$4,3632024

Highlighted filing

2015

Revenue$491,639
Expenses$337,002
Net Income$154,637
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 16, 2016
Return Version
2014v6.0
Gross Receipts
$491,639
Mission and Program Overview

Mission

The foundation operates exclusively for charitable and educational purposes as follows: (a) to compile, prepare, and publish statistical data concerning miami-dade county, florida and make such data available to all segments of the community; (b) to lessen the burdens of government; (c) to combat community deterioration; and (d) to do all lawful acts incidental to the accomplishment of said charitable and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$345,048$502,199▲ $157,151
Total Assets$345,048$502,199▲ $157,151
Liabilities
Other Liabilities$10$2,524▲ $2,514
Total Liabilities$10$2,524▲ $2,514
Net Assets / Fund Balance
Temporarily Rstr Net Assets$195,963$351,288▲ $155,325
Unrestricted Net Assets$149,075$148,387▼ $688
Total Net Assets Fund Balance$345,038$499,675▲ $154,637
Total Liabilities and Net Assets / Fund Balance$345,048$502,199▲ $157,151
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Larry K WilliamsPresident and CEO$290,660$13,614$304,274

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$491,639
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$263,600
Change in Net Assets
$154,637

Audited Revenue Reconciliation

Revenue per Audited Statements
$491,639
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$491,639
Total Revenue per Form 990
$491,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$68,770-$68,770
Fees for Services Other$37,500--$37,500
Payment Travel Entrtnmnt Publicly Ofcl$35,700--$35,700
Office Expenses$1,203--$1,203
Other Expenses$22,575$60-$60
Total Functional Expenses$267,902$69,100$0$337,002

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$337,002
Total Expenses per Audited Statements$337,002
Total Expenses per Form 990$337,002
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to the Miami-dade Beacon Council, Inc.$2,524
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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 B, Line 11

The foundation's independent accountants prepare the form 990. The form 990 is reviewed by the cfo. The finance and audit committee review and recommend ratification by the full board. The full board approves the 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The foundation requires its board of directors and employees to sign conflict of interest and confidentiality agreements annually.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Beacon Council Economic Development
EIN
59-2738676
Phone
3055791300
Address
80 SW 8TH STREET NO 2400, MIAMI, FL 33130

Signing Officer

Name
Larry K Williams
Title
President/CEO
Phone
3055791300
Signed
2016-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry K Williams
Formed
1986
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Morrison Brown Argiz & Farra LLC
Address
1450 BRICKELL AVENUE 18TH FLOOR, MIAMI, FL 33131
Preparer
Rick Covert
Phone
3053735500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Temporary staffing: program service expenses 37,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,500.

FORM 990, PART XII, LINE 2C:

The finance and audit committees are responsible for the selection of the foundation's independent auditors and oversight of the annual audit.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from income taxes under section 501(c)(3) of the internal revenue code. The foundation recognizes and measures tax positions based on their technical merit and assesses the likelihood that the positions will be sustained upon examination based on the facts, circumstances and information available at the end of each period. Interest and penalties on tax liabilities, if any, would be recorded in interest expense and other non-interest expense, respectively.

Raw XML AppendixShowing 400 of 419 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 OPERATES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS FOLLOWS: (A) TO COMPILE, PREPARE, AND PUBLISH STATISTICAL DATA CONCERNING MIAMI-DADE COUNTY, FLORIDA AND MAKE SUCH DATA AVAILABLE TO ALL SEGMENTS OF THE COMMUNITY; (B) TO LESSEN THE BURDENS OF GOVERNMENT; (C) TO COMBAT COMMUNITY DETERIORATION; AND (D) TO DO ALL LAWFUL ACTS INCIDENTAL TO THE ACCOMPLISHMENT OF SAID CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990/AllOtherContributionsAmt0263600
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0CAMELA GLEAN-JONES
IRS990/BooksInCareOfDetail/PhoneNum03055791300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt080 SW 8TH STREET SUITE 2400
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033130
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0345048
IRS990/CashNonInterestBearingGrp/EOYAmt0502199
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0491639
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0337002
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0154637
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0337002
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0491639
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ONE COMMUNITY ONE GOAL TARGETED INDUSTRY STUDY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0267902
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt068770
IRS990/FeesForServicesLegalGrp/TotalAmt068770
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt037500
IRS990/FeesForServicesOtherGrp/TotalAmt037500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt037.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613614
IRS990/Form990PartVIISectionAGrp/PersonNm0RONALD F SHUFFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm1CALIXTO J GARCIA-VELEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2DONNA ABOOD
IRS990/Form990PartVIISectionAGrp/PersonNm3AUDREY ROSS
IRS990/Form990PartVIISectionAGrp/PersonNm4FERNANDO RUIZ
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROLINA RENDEIRO
IRS990/Form990PartVIISectionAGrp/PersonNm6LARRY K WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6290660
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt4AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT AND CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0491639
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0345038
IRS990/NetAssetsOrFundBalancesEOYAmt0499675
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01203
IRS990/OfficeExpensesGrp/TotalAmt01203
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TALENT DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1GRANT WRITING
IRS990/OtherExpensesGrp/Desc2LICENSES AND PERMITS
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0270
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt160
IRS990/OtherExpensesGrp/ProgramServicesAmt0170924
IRS990/OtherExpensesGrp/ProgramServicesAmt122575
IRS990/OtherExpensesGrp/TotalAmt0170924
IRS990/OtherExpensesGrp/TotalAmt122575
IRS990/OtherExpensesGrp/TotalAmt2270
IRS990/OtherExpensesGrp/TotalAmt360
IRS990/OtherLiabilitiesGrp/BOYAmt010
IRS990/OtherLiabilitiesGrp/EOYAmt02524
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LARRY K WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0300934
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt035700
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt035700
IRS990/PYOtherExpensesAmt0111539
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0189395
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0111539
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0300934
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0154637
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0228039
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0263600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0300934
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0185000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0407500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01172034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0300
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0300
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt01172034
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0263600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0300934
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0185000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0407500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01172034
IRS990ScheduleA/TotalSupportAmt01172334
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0337002
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02524
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO THE MIAMI-DADE BEACON COUNCIL, INC.
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0491639
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0337002
IRS990ScheduleD/TotalLiabilityAmt02524
IRS990ScheduleD/TotalRevenuePerForm990Amt0491639
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0491639
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0337002
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0290660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013614
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LARRY K WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0304274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S INDEPENDENT ACCOUNTANTS PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY THE CFO. THE FINANCE AND AUDIT COMMITTEE REVIEW AND RECOMMEND RATIFICATION BY THE FULL BOARD. THE FULL BOARD APPROVES THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION REQUIRES ITS BOARD OF DIRECTORS AND EMPLOYEES TO SIGN CONFLICT OF INTEREST AND CONFIDENTIALITY AGREEMENTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TEMPORARY STAFFING: PROGRAM SERVICE EXPENSES 37,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINANCE AND AUDIT COMMITTEES ARE RESPONSIBLE FOR THE SELECTION OF THE FOUNDATION'S INDEPENDENT AUDITORS AND OVERSIGHT OF THE ANNUAL AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE MIAMI-DADE BEACON COUNCIL INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0592603574
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ECONOMIC DEVELOPMENT IN MIAMI-DADE COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt080 SW 8TH STREET SUITE 2400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MIAMI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033130
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0228039
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH AMOUNT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1IN-KIND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE MIAMI-DADE BEACON COUNCIL INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE MIAMI-DADE BEACON COUNCIL INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0195963
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0351288
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0345048
IRS990/TotalAssetsEOYAmt0502199
IRS990/TotalAssetsGrp/BOYAmt0345048
IRS990/TotalAssetsGrp/EOYAmt0502199
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0491639
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069100
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0267902
IRS990/TotalFunctionalExpensesGrp/TotalAmt0337002
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010
IRS990/TotalLiabilitiesEOYAmt02524
IRS990/TotalLiabilitiesGrp/BOYAmt010
IRS990/TotalLiabilitiesGrp/EOYAmt02524
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0345038
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0499675
IRS990/TotalOtherCompensationAmt013614
IRS990/TotalProgramServiceExpensesAmt0267902
IRS990/TotalReportableCompFromOrgAmt0290660
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0491639
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0345048
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0502199
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0149075
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0148387
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt080 SW 8TH STREET NO 2400
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033130
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.BEACONCOUNCILFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY K WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03055791300
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BEACON COUNCIL ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BEAC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.43$0.06$1.05$1.05$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.86$0.06$0.82$0.83$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.44$1.45$0.01$1.27$1.27$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.26$2.22$0.03$0.62$0.64$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.21$1.20$0.01$0.34$0.43$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.78$0.11$0.59$0.64$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.57$0.16$0.57$0.69$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.13$0.27$0.07$0.27$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.32$0.35$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.49$0.34$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.30$0.11$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.00$0.07
2011Summary only. Only limited summary data is available for this year.$0.47$0.42$0.05$0.41$0.43$0.02