Civic Intelligence

Beacon Academy Inc.

990 • Fiscal year 2019 • EIN 73-1710051

Jul 01, 2018 to Jun 30, 2019 • Filed on May 15, 2020

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

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$196,351

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

88th percentile

28%

Faster asset growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

35%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,701,504

Up $1,927,809 (+28%) from 2018

Net Assets

Up

$8,661,862

Up $1,894,769 (+28%) from 2018

Liabilities

Up

$39,642

Up $33,040 (+500%) from 2018

Revenue

Up

$3,745,859

Up $971,780 (+35%) from 2018

Expenses

Up

$1,893,827

Up $26,094 (+1.4%) from 2018

Net Income

Up

$1,852,032

Up $945,686 (+104%) from 2018

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

2019

Assets$8,701,504
Liabilities$39,642
Net Assets$8,661,862

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

2019

Revenue$3,745,859
Expenses$1,893,827
Net Income$1,852,032
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 15, 2020
Return Version
2018v3.3
Gross Receipts
$7,388,393
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$4,987,056$5,484,710▲ $497,654
Savings and Temporary Cash Investments$924,407$1,615,335▲ $690,928
Pledges and Grants Receivable$365,076$844,261▲ $479,185
Cash and Non-Interest-Bearing Accounts$483,479$709,806▲ $226,327
Prepaid Expenses and Deferred Charges$0$20,432▲ $20,432
Land, Buildings, and Equipment, Net$9,772$7,745▼ $2,027
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$6,773,695$8,701,504▲ $1,927,809
Other Assets Total$3,905$19,215▲ $15,310
Liabilities
Accounts Payable and Accrued Expenses$6,602$39,642▲ $33,040
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$6,602$39,642▲ $33,040
Net Assets / Fund Balance
Unrestricted Net Assets$6,671,259$7,815,310▲ $1,144,051
Temporarily Rstr Net Assets$95,834$846,552▲ $750,718
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$6,767,093$8,661,862▲ $1,894,769
Total Liabilities and Net Assets / Fund Balance$6,773,695$8,701,504▲ $1,927,809

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,745$80,752$88,497

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,603,601$942,407▲ $233,891$151,514$5,628,385
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy LabaFounder and Head of SchoolFT$181,368$14,983$196,351
Marsha FeinbergCEO, SecretaryFT$165,000$11,998$176,998

Board Members and Trustees

NameTitle
Amy McCarthyChair,Director
Mary RivetVice Chair, Director
Allyce NajimyDirector
Ann RyanDirector
Beth StonebrakerDirector
Cathy CormanDirector
David ChapinDirector
Deedie BouscarenDirector
Elaine O'ConnellDirector
Ellie LoughlinDirector
Janet BerkeleyDirector
Jennifer DolinsDirector
Jessica LutzkerDirector
Juan RodriguezDirector
Julie McKennaDirector
Kevin ParkeDirector
Lisa DiAdamoDirector
McLane CoverDirector
Michael RubensteinDirector
Priscilla CohenDirector
Rebecca Mailer-HowatDirector
Robert GutierrezDirector
Tasha OdemwingieDirector
Tony BrookeDirector
Victoria MunroeDirector
Anna AfeyanTreasurer, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$3,507,841
Program Service Revenue
$14,600
Investment Income
$223,418
Other Revenue
$0
All Other Contributions
$2,599,535
Change in Net Assets
$1,852,032

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$101,000Fair Market Value
Securities Publicly Traded9$84,359Fair Market Value
Total Noncash Contributions10$185,359-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,745,859
Revenue Not Reported on Form 990
$85,457
Total Revenue per Audited Statements
$3,831,316
Total Revenue per Form 990
$3,745,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,082,691
Other Expenses$811,136
Total Fundraising Expense$108,385
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$483,231$46,022$46,022$575,275
Current Officers, Directors, Trustees, and Key Employees$276,214$26,306$26,306$328,826
Occupancy$130,044$5,658$10,939$146,641
All Other Expenses$105,644$23,806$7,136$136,586
Fees for Services Accounting$39,755$57,961$1,388$99,104
Other Employee Benefits$58,763$5,463$5,463$69,689
Payroll Taxes$57,933$5,517$5,517$68,967
Pension Plan Contributions$33,674$3,130$3,130$39,934
Office Expenses$6,663$16,486-$23,149
Information Technology$10,854$8,939-$19,793
Travel$7,266--$7,266
Other Expenses$3,375$3,375$1,548$6,750
Insurance-$5,444-$5,444
Depreciation Depletion-$2,965$936$3,901
Advertising-$974-$974
Total Functional Expenses$1,571,797$213,645$108,385$1,893,827

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,936,547
Expenses per Audited Statements$1,893,827
Total Expenses per Form 990$1,893,827
Expenses Not Reported on Form 990$42,720
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$42,720
Fundraising Gross Income$42,720
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Celeb$902,415$32,341-$32,341
Motown Night$48,611$10,379$10,379$0
Total Events$951,026$42,720$42,720-
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
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Laba
Formed
2005
Legal Domicile
Ma
Voting Board Members
28
Independent Board Members
26
Employees
15

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/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/PersonNm14Tony Brooke
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/PersonNm21Cathy Corman
IRS990/Form990PartVIISectionAGrp/PersonNm22Robert Gutierrez
IRS990/Form990PartVIISectionAGrp/PersonNm23Elaine O'Connell
IRS990/Form990PartVIISectionAGrp/PersonNm24Jennifer Dolins
IRS990/Form990PartVIISectionAGrp/PersonNm25Rebecca Mailer-Howat
IRS990/Form990PartVIISectionAGrp/PersonNm26Tasha Odemwingie
IRS990/Form990PartVIISectionAGrp/PersonNm27Juan Rodriguez
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0181368
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1165000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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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/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
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/TitleTxt11Vice Chair, Director
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/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0908306
IRS990/FundraisingDirectExpensesAmt042720
IRS990/FundraisingGrossIncomeAmt042720
IRS990/GainOrLossGrp/SecuritiesAmt0100219
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03700033
IRS990/GrossReceiptsAmt07388393
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt010854
IRS990/InformationTechnologyGrp/TotalAmt019793
IRS990/InsuranceGrp/ManagementAndGeneralAmt05444
IRS990/InsuranceGrp/TotalAmt05444
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IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt09772
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07745
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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/NetAssetsOrFundBalancesBOYAmt06767093

Document Assets

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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
2019Detailed filing. Detailed filing data is available for this year.$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