Civic Intelligence

Beacon Academy Inc.

990 • Fiscal year 2016 • EIN 73-1710051

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 22, 2016

477 Longwood AvenueBoston, MA 02215

(617) 233-3022

Siviq Scores

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

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

86th percentile

30%

Higher net margin than 86% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

69th percentile

$168,135

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

80th percentile

15%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,064,401

Up $664,906 (+15%) from 2015

Net Assets

Up

$5,004,915

Up $651,300 (+15%) from 2015

Liabilities

Up

$59,486

Up $13,606 (+30%) from 2015

Revenue

Down

$1,982,501

Down $1,394,529 (-41%) from 2015

Expenses

Up

$1,381,636

Up $106,274 (+8.3%) from 2015

Net Income

Down

$600,865

Down $1,500,803 (-71%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $1,025,575Liabilities 2010: $28,923Net Assets 2010: $996,6522010Assets 2011: $1,484,857Liabilities 2011: $52,574Net Assets 2011: $1,432,2832011Assets 2012: $1,595,141Liabilities 2012: $44,036Net Assets 2012: $1,551,1052012Assets 2013: $2,057,786Liabilities 2013: $39,048Net Assets 2013: $2,018,7382013Assets 2014: $2,404,097Liabilities 2014: $40,231Net Assets 2014: $2,363,8662014Assets 2015: $4,399,495Liabilities 2015: $45,880Net Assets 2015: $4,353,6152015Assets 2016: $5,064,401Liabilities 2016: $59,486Net Assets 2016: $5,004,9152016Assets 2017: $5,790,221Liabilities 2017: $22,701Net Assets 2017: $5,767,5202017Assets 2018: $6,773,695Liabilities 2018: $6,602Net Assets 2018: $6,767,0932018Assets 2019: $8,701,504Liabilities 2019: $39,642Net Assets 2019: $8,661,8622019Assets 2020: $14,591,414Liabilities 2020: $119,999Net Assets 2020: $14,471,4152020Assets 2021: $18,410,775Liabilities 2021: $530,131Net Assets 2021: $17,880,6442021Assets 2022: $16,262,278Liabilities 2022: $145,372Net Assets 2022: $16,116,9062022Assets 2023: $16,438,161Liabilities 2023: $227,761Net Assets 2023: $16,210,4002023Assets 2024: $17,296,406Liabilities 2024: $96,777Net Assets 2024: $17,199,6292024Assets 2025: $17,845,976Liabilities 2025: $91,047Net Assets 2025: $17,754,9292025

Highlighted filing

2016

Assets$5,064,401
Liabilities$59,486
Net Assets$5,004,915

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $818,0352010Revenue 2011: $1,307,111Expenses 2011: $871,920Net Income 2011: $435,1912011Expenses 2012: $938,5502012Revenue 2013: $1,438,796Expenses 2013: $957,393Net Income 2013: $481,4032013Revenue 2014: $1,327,448Expenses 2014: $1,052,422Net Income 2014: $275,0262014Revenue 2015: $3,377,030Expenses 2015: $1,275,362Net Income 2015: $2,101,6682015Revenue 2016: $1,982,501Expenses 2016: $1,381,636Net Income 2016: $600,8652016Revenue 2017: $2,281,343Expenses 2017: $1,710,486Net Income 2017: $570,8572017Revenue 2018: $2,774,079Expenses 2018: $1,867,733Net Income 2018: $906,3462018Revenue 2019: $3,745,859Expenses 2019: $1,893,827Net Income 2019: $1,852,0322019Revenue 2020: $8,123,155Expenses 2020: $2,359,501Net Income 2020: $5,763,6542020Revenue 2021: $4,161,339Expenses 2021: $2,183,603Net Income 2021: $1,977,7362021Revenue 2022: $1,203,429Expenses 2022: $2,721,643Net Income 2022: -$1,518,2142022Revenue 2023: $2,404,954Expenses 2023: $2,846,121Net Income 2023: -$441,1672023Revenue 2024: $3,004,278Expenses 2024: $3,012,120Net Income 2024: -$7,8422024Revenue 2025: $4,615,940Expenses 2025: $3,377,105Net Income 2025: $1,238,8352025

Highlighted filing

2016

Revenue$1,982,501
Expenses$1,381,636
Net Income$600,865
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 22, 2016
Return Version
2015v3.0
Gross Receipts
$3,477,429
Mission and Program Overview

Mission

Beacon academy closes the opportunity gap for a group of greater boston's determined and inquisitive students. Through education and advocacy, our community supports students as they develop and embrace their identities and build lives of agency and impact.

See Attached

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,957,180$2,616,467▲ $659,287
Cash and Non-Interest-Bearing Accounts$714,783$873,030▲ $158,247
Pledges and Grants Receivable$955,199$792,592▼ $162,607
Savings and Temporary Cash Investments$747,654$756,522▲ $8,868
Land, Buildings, and Equipment, Net$17,242$13,216▼ $4,026
Prepaid Expenses and Deferred Charges$2,873$11,695▲ $8,822
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,399,495$5,064,401▲ $664,906
Other Assets Total$4,564$879▼ $3,685
Liabilities
Accounts Payable and Accrued Expenses$45,880$59,486▲ $13,606
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$45,880$59,486▲ $13,606
Net Assets / Fund Balance
Unrestricted Net Assets$3,441,436$4,289,840▲ $848,404
Temporarily Rstr Net Assets$907,179$715,075▼ $192,104
Permanently Rstr Net Assets$5,000$0▼ $5,000
Total Net Assets Fund Balance$4,353,615$5,004,915▲ $651,300
Total Liabilities and Net Assets / Fund Balance$4,399,495$5,064,401▲ $664,906

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,216$68,548$81,764

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,369,636$1,214,980▼ $31,294$71,156$2,482,166
2014$1,022,036$430,000▼ $19,356$63,044$1,369,636
2013-$1,000,000▲ $22,036-$1,022,036
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy LabaPresident, General ManagerFT$154,524$13,611$168,135
Marsha FeinbergCEO, SecretaryFT$120,000$11,886$131,886
Mervan OsborneHead of SchoolFT$110,000$4,562$114,562

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,071,770
Program Service Revenue
$14,100
Investment Income
$-103,369
Other Revenue
$0
All Other Contributions
$1,572,796
Change in Net Assets
$600,865

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$117,000Fair Market Value
Securities Publicly Traded8$40,921Fair Market Value
Total Noncash Contributions10$157,921-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,982,501
Revenue Not Reported on Form 990
$103,691
Total Revenue per Audited Statements
$2,086,192
Total Revenue per Form 990
$1,982,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$862,407
Other Expenses$519,229
Total Fundraising Expense$127,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$319,024$17,500$48,000$384,524
Other Salaries and Wages$281,636$21,557$42,449$345,642
Occupancy$118,712$10,475$10,475$139,662
All Other Expenses$33,722$21,467$2,845$58,034
Payroll Taxes$40,074$2,606$6,034$48,714
Other Employee Benefits$35,912$2,468$5,147$43,527
Pension Plan Contributions$32,800$2,000$5,200$40,000
Fees for Services Other$2,989$24,555$450$27,994
Office Expenses$20,387$857$2,786$24,030
Fees for Services Accounting-$15,500-$15,500
Other Expenses$7,488$487$1,128$9,103
Insurance$6,343$412$956$7,711
Depreciation Depletion$3,060$282$684$4,026
Information Technology$1,964$128$296$2,388
Advertising-$1,907-$1,907
Total Functional Expenses$1,130,950$122,815$127,871$1,381,636

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,434,892
Expenses per Audited Statements$1,381,636
Total Expenses per Form 990$1,381,636
Expenses Not Reported on Form 990$53,256
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$53,256
Fundraising Gross Income$53,256
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rialto Dinner$518,234$38,511-$38,511
Golf Tournament$33,996$14,745$14,745$0
Total Events$552,230$53,256$53,256-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 8B:

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

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

Each member of the board of directors is provided with a copy of Form 990. Form 990 is reviewed by the head of school and the treasurer prior to filing.

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

The Organization requires employees and board members to disclose actual or possible financial conflicts of interest when they arise. The Organization then takes the appropriate steps to resolve the conflict.

Form 990, Part VI, Section B, Line 15:

The head of school's compensation is determined after a review and evaluation by a subcommittee of the board of directors. Other employees are managed by the head of school and the board of directors approves final compensation of employees and officers.

Form 990, Part VI, Section C, Line 19:

The Organization makes its governing documents, conflict of interest policy and financial statements available upon request. The Organization also has its annual report and other informtion available via Guidestar.org

Filing and Contact Details

Filer

Filer Name
Beacon Academy Inc
EIN
73-1710051
In Care Of
% MERVAN OSBORNE
Phone
6172333022
Address
477 Longwood Avenue, Boston, MA 02215

Signing Officer

Name
Mervan Osborne
Title
Head of School
Phone
6174232266
Signed
2016-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mervan Osborne
Formed
2005
Legal Domicile
Ma
Voting Board Members
25
Independent Board Members
22
Employees
12

Preparer

Firm
Withumsmithbrownpc
Address
155 SEAPORT BOULEVARD, BOSTON, MA 02210
Preparer
James D Browne
Phone
6172273333
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1, Description of Organization Mission

Beacon Academy provides a transformational year between 8th & 9th grades to promising, motivated and hard-working students from Boston and surrounding urban areas. Inspired by a challenging curriculum and stimulating co-curricular experiences, students learn vital academic skills and develop habits of mind that empower them to change the trajectory of their lives. They emerge as active learners with increased confidence,critical thinking skills, and broader vision, prepared to thrive at competitive, independent and public exam high schools that share our commitment to their success.

Form 990, Part III, Line 1, Description of Organization Mission

Beacon Academy identifies, confronts and brideges the achievement gap between Boston's low-income urban students and their more affluent peers. Our mission is to change the trajectory of our students' lives through access to excellent educational opportunities. We provide an extra 14 months of full-time school for promising and motivated urban students who have completed the 8th grade, but who are underprepared for challenging independent high schools. Beacon has three essential components: our 14 month school, our alumni program and our strategic outreach to share best practices in educating urban youth. Beacon academy is the only school of its kind in the country. Our students arrive at Beacon Academy dramatically undereducated and underprepared. Many have never written formal essays and are missing key math skills and other basic knowledge. This lack of quality preparation perpetuates the cycle of poverty that characterizes too much of urban Boston and surrounding areas. Northeastern University's Report, "Getting to the Finish Line" states that only 7.5% of students of color from non-exam public schools will complete a two or four year degree within seven years of entering college. Further, the few who do move on to higher education are not adequately prepared and are often placed in remedial college classes. In contrast: 100% of the Beacon students from our classes have graduated from high school. 90% of our high school graduates enrolled in college. 80% of Beacon's founding class is slated to graduate from four-year colleges within six years of starting. Collectively, our students have earned millions of dollars in high school and college scholarships. Beacon mitigates the frisis in education among economically disadvantaged youths through our intense academic program and our continued investment in our graduates.

Financial Statement Notes

Oth Amts included in financials not in the return Revenue

special event expenses

Oth Amts included in financials not in the return Expense

Special event expenses

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IRS990/Desc0The school- Over Beacon Academy's intensive 14 months, 8+ hour school days include intense and high level academic instruction, co-curricular programming, study halls and then 2-3 hours of homework. Beacon starts in July with 5-weeks of summer school, continues through the academic year, and a second summer of individually tailored academic and enrichment programs. Experienced teachers, small classes and an engaging, rigorous curriculum ensure that students gain at least two years of learning in one year to prepare them for success in the competitive secondary schools. In addition to intensive math, english and facing history courses, students take research and advocacy and mini courses in science and latin. Beacon students also participate in community service learning, nutrition and sports education and activities designed to increase their cultural fluency.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Cindy Laba
IRS990/Form990PartVIISectionAGrp/PersonNm2Marsha Feinberg
IRS990/Form990PartVIISectionAGrp/PersonNm3JANET BERKELEY
IRS990/Form990PartVIISectionAGrp/PersonNm4David Chapin
IRS990/Form990PartVIISectionAGrp/PersonNm5Priscilla Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm6Allyce Najimy
IRS990/Form990PartVIISectionAGrp/PersonNm7Tenney Cover
IRS990/Form990PartVIISectionAGrp/PersonNm8Anna Afeyan
IRS990/Form990PartVIISectionAGrp/PersonNm9Pamela Dickinson
IRS990/Form990PartVIISectionAGrp/PersonNm10Deedie Bouscaren
IRS990/Form990PartVIISectionAGrp/PersonNm11Rebecca Forrester
IRS990/Form990PartVIISectionAGrp/PersonNm12Ilene Greenberg
IRS990/Form990PartVIISectionAGrp/PersonNm13Angela Singleton-Scott
IRS990/Form990PartVIISectionAGrp/PersonNm14Amy McCarthy
IRS990/Form990PartVIISectionAGrp/PersonNm15Victoria Munroe
IRS990/Form990PartVIISectionAGrp/PersonNm16Carolyn Peter
IRS990/Form990PartVIISectionAGrp/PersonNm17Mary Rivet
IRS990/Form990PartVIISectionAGrp/PersonNm18Caroline Erisman
IRS990/Form990PartVIISectionAGrp/PersonNm19Mark Stanek
IRS990/Form990PartVIISectionAGrp/PersonNm20BETH STONEBRAKER
IRS990/Form990PartVIISectionAGrp/PersonNm21Ann Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm22Wendy Hill
IRS990/Form990PartVIISectionAGrp/PersonNm23Lyndsay Charron
IRS990/Form990PartVIISectionAGrp/PersonNm24John Borders
IRS990/Form990PartVIISectionAGrp/PersonNm25Katherine Radtke
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2120000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt1President, General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2CEO, Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer, Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Chair, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18director
IRS990/Form990PartVIISectionAGrp/TitleTxt19director
IRS990/Form990PartVIISectionAGrp/TitleTxt20director
IRS990/Form990PartVIISectionAGrp/TitleTxt21director
IRS990/Form990PartVIISectionAGrp/TitleTxt22director
IRS990/Form990PartVIISectionAGrp/TitleTxt23director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Clerk
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0498974
IRS990/FundraisingDirectExpensesAmt053256
IRS990/FundraisingGrossIncomeAmt053256
IRS990/GainOrLossGrp/SecuritiesAmt0-178894
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01262778
IRS990/GrossReceiptsAmt03477429
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0296
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0128
IRS990/InformationTechnologyGrp/ProgramServicesAmt01964
IRS990/InformationTechnologyGrp/TotalAmt02388
IRS990/InsuranceGrp/FundraisingAmt0956
IRS990/InsuranceGrp/ManagementAndGeneralAmt0412
IRS990/InsuranceGrp/ProgramServicesAmt06343
IRS990/InsuranceGrp/TotalAmt07711
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt075525
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt075525
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01957180
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02616467
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt068548
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017242
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013216
IRS990/LandBldgEquipCostOrOtherBssAmt081764
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01441672
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Beacon Academy is a full-time extra year of school between 8th & 9th grades designed to propel urban students from underperforming public schools to the highest performing private schools. We support our students through college graduation and beyond.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt05004915
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-178894
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt050435
IRS990/NoncashContributionsAmt0157921
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt010475
IRS990/OccupancyGrp/ManagementAndGeneralAmt010475
IRS990/OccupancyGrp/ProgramServicesAmt0118712
IRS990/OccupancyGrp/TotalAmt0139662
IRS990/OfficeExpensesGrp/FundraisingAmt02786
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0857
IRS990/OfficeExpensesGrp/ProgramServicesAmt020387
IRS990/OfficeExpensesGrp/TotalAmt024030
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04564
IRS990/OtherAssetsTotalGrp/EOYAmt0879
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05147
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02468
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035912
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043527
IRS990/OtherExpensesGrp/Desc0Curricular Expenses
IRS990/OtherExpensesGrp/Desc1Alumni Expenses
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt01421
IRS990/OtherExpensesGrp/FundraisingAmt11128
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0614
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1487
IRS990/OtherExpensesGrp/ProgramServicesAmt0150203
IRS990/OtherExpensesGrp/ProgramServicesAmt167197
IRS990/OtherExpensesGrp/ProgramServicesAmt29439
IRS990/OtherExpensesGrp/ProgramServicesAmt37488
IRS990/OtherExpensesGrp/TotalAmt0150203
IRS990/OtherExpensesGrp/TotalAmt167197
IRS990/OtherExpensesGrp/TotalAmt211474
IRS990/OtherExpensesGrp/TotalAmt39103
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042449
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021557
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0281636
IRS990/OtherSalariesAndWagesGrp/TotalAmt0345642
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06034
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02606
IRS990/PayrollTaxesGrp/ProgramServicesAmt040074
IRS990/PayrollTaxesGrp/TotalAmt048714
IRS990/PensionPlanContributionsGrp/FundraisingAmt05200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.8$0.09$17.8$4.62$3.38$1.24
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$0.10$17.2$3.00$3.01$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.23$16.2$2.40$2.85$0.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$0.15$16.1$1.20$2.72$1.52
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$0.53$17.9$4.16$2.18$1.98
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$0.12$14.5$8.12$2.36$5.76
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.70$0.04$8.66$3.75$1.89$1.85
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.77$0.01$6.77$2.77$1.87$0.91
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.79$0.02$5.77$2.28$1.71$0.57
2016Detailed filing. Detailed filing data is available for this year.$5.06$0.06$5.00$1.98$1.38$0.60
2015Detailed filing. Detailed filing data is available for this year.$4.40$0.05$4.35$3.38$1.28$2.10
2014Detailed filing. Detailed filing data is available for this year.$2.40$0.04$2.36$1.33$1.05$0.28
2013Summary only. Only limited summary data is available for this year.$2.06$0.04$2.02$1.44$0.96$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.04$1.55$0.94
2011Summary only. Only limited summary data is available for this year.$1.48$0.05$1.43$1.31$0.87$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.03$1.00$0.82