Civic Intelligence

Beacon Harbor Inc.

990 • Fiscal year 2022 • EIN 64-0651273

Jan 01, 2022 to Dec 31, 2022 • Filed on May 05, 2023

P O Box 701Greenwood, MS 38935

(662) 453-6211

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.17x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.31x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

76th percentile

26%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

70th percentile

15%

Faster asset growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-6.4%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$653,879

Up $83,548 (+15%) from 2021

Net Assets

Up

$545,853

Up $89,529 (+20%) from 2021

Liabilities

Down

$108,026

Down $5,981 (-5.2%) from 2021

Revenue

Down

$348,227

Down $23,636 (-6.4%) from 2021

Expenses

Up

$258,698

Up $3,059 (+1.2%) from 2021

Net Income

Down

$89,529

Down $26,695 (-23%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $557,755Liabilities 2011: $184,504Net Assets 2011: $373,2512011Assets 2012: $556,506Liabilities 2012: $146,712Net Assets 2012: $409,7942012Assets 2013: $608,385Liabilities 2013: $144,948Net Assets 2013: $463,4372013Assets 2014: $600,125Liabilities 2014: $144,416Net Assets 2014: $455,7092014Assets 2015: $637,079Liabilities 2015: $149,473Net Assets 2015: $487,6062015Assets 2016: $620,011Liabilities 2016: $121,575Net Assets 2016: $498,4362016Assets 2017: $654,565Liabilities 2017: $133,357Net Assets 2017: $521,2082017Assets 2018: $630,179Liabilities 2018: $100,505Net Assets 2018: $529,6742018Assets 2019: $449,903Liabilities 2019: $107,412Net Assets 2019: $342,4912019Assets 2020: $481,515Liabilities 2020: $141,415Net Assets 2020: $340,1002020Assets 2021: $570,331Liabilities 2021: $114,007Net Assets 2021: $456,3242021Assets 2022: $653,879Liabilities 2022: $108,026Net Assets 2022: $545,8532022Assets 2023: $777,243Liabilities 2023: $96,288Net Assets 2023: $680,9552023Assets 2024: $811,213Liabilities 2024: $12,646Net Assets 2024: $798,5672024

Highlighted filing

2022

Assets$653,879
Liabilities$108,026
Net Assets$545,853

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $404,367Expenses 2011: $360,140Net Income 2011: $44,2272011Revenue 2012: $409,080Expenses 2012: $372,537Net Income 2012: $36,5432012Revenue 2013: $433,238Expenses 2013: $379,594Net Income 2013: $53,6442013Revenue 2014: $389,645Expenses 2014: $397,373Net Income 2014: -$7,7282014Revenue 2015: $425,425Expenses 2015: $393,528Net Income 2015: $31,8972015Revenue 2016: $423,055Expenses 2016: $412,225Net Income 2016: $10,8302016Revenue 2017: $390,072Expenses 2017: $367,300Net Income 2017: $22,7722017Revenue 2018: $397,981Expenses 2018: $389,515Net Income 2018: $8,4662018Revenue 2019: $397,175Expenses 2019: $584,358Net Income 2019: -$187,1832019Revenue 2020: $410,327Expenses 2020: $412,718Net Income 2020: -$2,3912020Revenue 2021: $371,863Expenses 2021: $255,639Net Income 2021: $116,2242021Revenue 2022: $348,227Expenses 2022: $258,698Net Income 2022: $89,5292022Revenue 2023: $405,666Expenses 2023: $270,564Net Income 2023: $135,1022023Revenue 2024: $395,537Expenses 2024: $277,925Net Income 2024: $117,6122024

Highlighted filing

2022

Revenue$348,227
Expenses$258,698
Net Income$89,529
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 5, 2023
Return Version
2022v5.0
Gross Receipts
$348,227
Mission and Program Overview

Mission

None

Housing for the handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$456,324$545,853▲ $89,529
Land, Buildings, and Equipment, Net$292,460$261,753▼ $30,707
Accounts Receivable$101,687$140,017▲ $38,330
Cash and Non-Interest-Bearing Accounts$61,798$132,749▲ $70,951
Savings and Temporary Cash Investments$109,194$114,240▲ $5,046
Prepaid Expenses and Deferred Charges$5,192$5,120▼ $72
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$570,331$653,879▲ $83,548
Liabilities
Accounts Payable and Accrued Expenses$62,868$74,873▲ $12,005
Mortgage Notes Payable Secured by Investment Property$42,301$27,642▼ $14,659
Escrow Account Liability$7,842$4,192▼ $3,650
Other Liabilities$996$1,319▲ $323
Total Liabilities$114,007$108,026▼ $5,981
Net Assets / Fund Balance
Total Net Assets Fund Balance$456,324$545,853▲ $89,529
Total Liabilities and Net Assets / Fund Balance$570,331$653,879▲ $83,548

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$143,126$690,847$833,973
Equipment$55,371$268,663$324,034
Land$63,256-$63,256
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mr Walker SturdivantPresident
Rhyine LongVice President
Claire GreenDirector
Dawn McbeeDirector
Mrs Jean HodgesDirector
Mrs Sharon BolerDirector
Tracy SheltonDirector
Mr John PittmanAssistant Secretary
William FittsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$32,559
Program Service Revenue
$301,324
Investment Income
$1,542
Other Revenue
$12,802
All Other Contributions
$32,559
Change in Net Assets
$89,529

Audited Revenue Reconciliation

Revenue per Audited Statements
$348,227
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$348,227
Total Revenue per Form 990
$348,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,952
Salaries, Compensation, and Employee Benefits$104,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,386$25,667-$96,053
Depreciation Depletion-$30,707-$30,707
Fees for Services Accounting-$30,615-$30,615
Insurance-$18,162-$18,162
Payroll Taxes$6,346$2,347-$8,693
Interest-$3,503-$3,503
Other Expenses$10,746$951-$951
Office Expenses-$215-$215
Conferences and Meetings-$52-$52
Total Functional Expenses$146,479$112,219$0$258,698

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$258,698
Total Expenses per Audited Statements$258,698
Total Expenses per Form 990$258,698
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
Security Deposits$1,319
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 11B

After this return is completed, a copy is submitted to the governing body for their review and approval.

Form 990, Part VI, Section C, line 19

This information is not typically provided to the public.

Filing and Contact Details

Filer

Filer Name
Beacon Harbor Inc
EIN
64-0651273
Phone
6624536211
Address
P O BOX 701, GREENWOOD, MS 38935

Signing Officer

Name
Walker Sturdivant
Title
Chairmain of the Board
Phone
6624559540
Signed
2023-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walker Sturdivant
Formed
1983
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Taylor Powell Wilson & Hartford Pa
Address
P O Box 9369, Greenwood, MS 38930
Preparer
David Kimbriel
Phone
6624536432
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C

The entity's board is tasked with the oversight of the audit as well as choosing an independent auditor each year.

Raw XML AppendixShowing 400 of 469 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.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0290520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01542
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01328
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04404
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04735
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0301324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0281050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0332302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0315527
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0300568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01530771
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04404
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04735
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013279
IRS990ScheduleA/InvestmentIncomeCYPct00.00720
IRS990ScheduleA/InvestmentIncomePYPct00.00790
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99280
IRS990ScheduleA/PublicSupportPY509Pct00.99210
IRS990ScheduleA/PublicSupportTotal509Amt01821291
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0333883
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0329130
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0388717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0383229
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0386332
IRS990ScheduleA/Total509Grp/TotalAmt01821291
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0335425
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0330400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0390045
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0387633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0391067
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01834570
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0143126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0690847
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0833973
IRS990ScheduleD/EquipmentGrp/BookValueAmt055371
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0268663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0324034
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0258698
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt063256
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt063256
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0348227
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0261753
IRS990ScheduleD/TotalExpensesPerForm990Amt0258698
IRS990ScheduleD/TotalLiabilityAmt01319
IRS990ScheduleD/TotalRevenuePerForm990Amt0348227
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0348227
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0258698
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER THIS RETURN IS COMPLETED, A COPY IS SUBMITTED TO THE GOVERNING BODY FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS INFORMATION IS NOT TYPICALLY PROVIDED TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENTITY'S BOARD IS TASKED WITH THE OVERSIGHT OF THE AUDIT AS WELL AS CHOOSING AN INDEPENDENT AUDITOR EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BEACON HARBOR II INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0640702223
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES HOUSING FOR HANDICAPPED PERSONS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 1505
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GREENWOOD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0389351505
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt067184
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0RECONCILIATION TO BOOKS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BEACON HARBOR II INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0570331
IRS990/TotalAssetsEOYAmt0653879
IRS990/TotalAssetsGrp/BOYAmt0570331
IRS990/TotalAssetsGrp/EOYAmt0653879
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt032559
IRS990/TotalEmployeeCnt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.11$0.13$7.99$3.96$2.78$1.18
2023Detailed filing. Detailed filing data is available for this year.$7.77$0.96$6.81$4.06$2.71$1.35
2022Detailed filing. Detailed filing data is available for this year.$6.54$1.08$5.46$3.48$2.59$0.90
2021Detailed filing. Detailed filing data is available for this year.$5.70$1.14$4.56$3.72$2.56$1.16
2020Detailed filing. Detailed filing data is available for this year.$4.82$1.41$3.40$4.10$4.13$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.50$1.07$3.42$3.97$5.84$1.87
2018Detailed filing. Detailed filing data is available for this year.$6.30$1.01$5.30$3.98$3.90$0.08
2017Detailed filing. Detailed filing data is available for this year.$6.55$1.33$5.21$3.90$3.67$0.23
2016Detailed filing. Detailed filing data is available for this year.$6.20$1.22$4.98$4.23$4.12$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.37$1.49$4.88$4.25$3.94$0.32
2014Detailed filing. Detailed filing data is available for this year.$6.00$1.44$4.56$3.90$3.97$0.08
2013Summary only. Only limited summary data is available for this year.$6.08$1.45$4.63$4.33$3.80$0.54
2012Summary only. Only limited summary data is available for this year.$5.57$1.47$4.10$4.09$3.73$0.37
2011Summary only. Only limited summary data is available for this year.$5.58$1.85$3.73$4.04$3.60$0.44