Civic Intelligence

Beacon Academy Inc.

990 • Fiscal year 2018 • EIN 73-1710051

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 29, 2019

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

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

76th percentile

$199,703

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

81st percentile

17%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

22%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$6,773,695

Up $983,474 (+17%) from 2017

Net Assets

Up

$6,767,093

Up $999,573 (+17%) from 2017

Liabilities

Down

$6,602

Down $16,099 (-71%) from 2017

Revenue

Up

$2,774,079

Up $492,736 (+22%) from 2017

Expenses

Up

$1,867,733

Up $157,247 (+9.2%) from 2017

Net Income

Up

$906,346

Up $335,489 (+59%) from 2017

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

2018

Assets$6,773,695
Liabilities$6,602
Net Assets$6,767,093

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

2018

Revenue$2,774,079
Expenses$1,867,733
Net Income$906,346
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 29, 2019
Return Version
2017v2.3
Gross Receipts
$5,225,243
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$4,066,579$4,987,056▲ $920,477
Savings and Temporary Cash Investments$168,576$924,407▲ $755,831
Cash and Non-Interest-Bearing Accounts$1,166,529$483,479▼ $683,050
Pledges and Grants Receivable$375,704$365,076▼ $10,628
Land, Buildings, and Equipment, Net$9,411$9,772▲ $361
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
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$5,790,221$6,773,695▲ $983,474
Other Assets Total$3,422$3,905▲ $483
Liabilities
Accounts Payable and Accrued Expenses$22,701$6,602▼ $16,099
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$22,701$6,602▼ $16,099
Net Assets / Fund Balance
Unrestricted Net Assets$5,409,825$6,671,259▲ $1,261,434
Temporarily Rstr Net Assets$357,695$95,834▼ $261,861
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,767,520$6,767,093▲ $999,573
Total Liabilities and Net Assets / Fund Balance$5,790,221$6,773,695▲ $983,474

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,772$76,851$86,623

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,605,347$755,250▲ $243,004-$4,603,601
2016$2,482,166$912,421▲ $302,499$91,739$3,605,347
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 LabaFounder and Head of SchoolFT$178,909$20,794$199,703
Marsha FeinbergCEO, SecretaryFT$160,000$14,499$174,499

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,563,500
Program Service Revenue
$5,930
Investment Income
$204,649
Other Revenue
$0
All Other Contributions
$1,744,480
Change in Net Assets
$906,346

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 Table1$115,000Fair Market Value
Securities Publicly Traded5$101,881Fair Market Value
Total Noncash Contributions6$216,881-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,774,079
Revenue Not Reported on Form 990
$145,933
Total Revenue per Audited Statements
$2,920,012
Total Revenue per Form 990
$2,774,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,153,431
Other Expenses$714,302
Total Fundraising Expense$150,774
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$545,153$32,881$62,923$640,957
Current Officers, Directors, Trustees, and Key Employees$284,684$16,945$37,280$338,909
Occupancy$124,436$10,979$10,979$146,394
Payroll Taxes$64,641$6,218$7,804$78,663
Fees for Services Accounting$42,534$22,471$5,136$70,141
Office Expenses$38,970$25,120$4,619$68,709
Other Employee Benefits$54,494$5,316$6,646$66,456
All Other Expenses$33,800$9,259$6,027$49,086
Information Technology$44,340$1,284$1,613$47,237
Pension Plan Contributions$23,326$2,275$2,845$28,446
Insurance$13,996$1,346$1,690$17,032
Other Expenses$7,969$767$891$9,627
Depreciation Depletion-$3,419$314$3,733
Advertising-$2,394-$2,394
Total Functional Expenses$1,574,686$142,273$150,774$1,867,733

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,920,439
Expenses per Audited Statements$1,867,733
Total Expenses per Form 990$1,867,733
Expenses Not Reported on Form 990$52,706
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$52,706
Fundraising Gross Income$52,706
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Celeb$829,522$42,577-$42,577
Motown Night$42,204$10,129$10,129$0
Total Events$871,726$52,706$52,706-
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
% CYNTHIA LABA
Phone
6172333022
Address
477 Longwood Avenue, Boston, MA 02215

Signing Officer

Name
Cynthia Laba
Title
Head of School
Phone
6174232266
Signed
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Laba
Formed
2005
Legal Domicile
Ma
Voting Board Members
30
Independent Board Members
28
Employees
13

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/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt020794
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt114499
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/PersonNm0Cindy Laba
IRS990/Form990PartVIISectionAGrp/PersonNm1Marsha Feinberg
IRS990/Form990PartVIISectionAGrp/PersonNm2Janet Berkeley
IRS990/Form990PartVIISectionAGrp/PersonNm3David Chapin
IRS990/Form990PartVIISectionAGrp/PersonNm4Priscilla Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm5Allyce Najimy
IRS990/Form990PartVIISectionAGrp/PersonNm6McLane Cover
IRS990/Form990PartVIISectionAGrp/PersonNm7Anna Afeyan
IRS990/Form990PartVIISectionAGrp/PersonNm8Deedie Bouscaren
IRS990/Form990PartVIISectionAGrp/PersonNm9Amy McCarthy
IRS990/Form990PartVIISectionAGrp/PersonNm10Victoria Munroe
IRS990/Form990PartVIISectionAGrp/PersonNm11Mary Rivet
IRS990/Form990PartVIISectionAGrp/PersonNm12Beth Stonebraker
IRS990/Form990PartVIISectionAGrp/PersonNm13Ann Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm14Lyndsay Charron
IRS990/Form990PartVIISectionAGrp/PersonNm15Lisa DiAdamo
IRS990/Form990PartVIISectionAGrp/PersonNm16Ellie Loughlin
IRS990/Form990PartVIISectionAGrp/PersonNm17Jessica Lutzker
IRS990/Form990PartVIISectionAGrp/PersonNm18Julie McKenna
IRS990/Form990PartVIISectionAGrp/PersonNm19Kevin Parke
IRS990/Form990PartVIISectionAGrp/PersonNm20Michael Rubenstein
IRS990/Form990PartVIISectionAGrp/PersonNm21Lorraine Smith
IRS990/Form990PartVIISectionAGrp/PersonNm22Robert Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm23Dennishia Bell
IRS990/Form990PartVIISectionAGrp/PersonNm24Jennifer Dolins
IRS990/Form990PartVIISectionAGrp/PersonNm25Rebecca Mailer-Howat
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0178909
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1160000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
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/TitleTxt0Founder and Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO, Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer, Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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/TitleTxt25Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0819020
IRS990/FundraisingDirectExpensesAmt052706
IRS990/FundraisingGrossIncomeAmt052706
IRS990/GainOrLossGrp/SecuritiesAmt082483
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt030
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02480941
IRS990/GrossReceiptsAmt05225243
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt028
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01613
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01284
IRS990/InformationTechnologyGrp/ProgramServicesAmt044340
IRS990/InformationTechnologyGrp/TotalAmt047237
IRS990/InsuranceGrp/FundraisingAmt01690
IRS990/InsuranceGrp/ManagementAndGeneralAmt01346
IRS990/InsuranceGrp/ProgramServicesAmt013996
IRS990/InsuranceGrp/TotalAmt017032
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0122166
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0122166
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04066579
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04987056
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt076851
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09411
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09772
IRS990/LandBldgEquipCostOrOtherBssAmt086623
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02398458
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
IRS990/NetAssetsOrFundBalancesBOYAmt05767520
IRS990/NetAssetsOrFundBalancesEOYAmt06767093
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt082483
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt093227
IRS990/NoncashContributionsAmt0216881
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt010979
IRS990/OccupancyGrp/ManagementAndGeneralAmt010979
IRS990/OccupancyGrp/ProgramServicesAmt0124436
IRS990/OccupancyGrp/TotalAmt0146394
IRS990/OfficeExpensesGrp/FundraisingAmt04619

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
2018Detailed filing. Detailed filing data is available for this year.$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