Civic Intelligence

Beacon House Inc.

990 • Fiscal year 2022 • EIN 81-5145635

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 19, 2023

20 W Washington Street Apt B100Hagerstown, MD 21740

(240) 850-2060

Siviq Scores

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

Liabilities / Assets

99th percentile

5.43x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

52nd percentile

0.02x

Higher debt load relative to revenue than 52% of similar nonprofits.

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

Net Margin

43rd percentile

2.9%

Higher net margin than 43% of similar nonprofits.

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

Top Officer Pay

72nd percentile

$60,000

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

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

Asset Growth

1st percentile

-76%

Faster asset growth than 1% of similar nonprofits.

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

Revenue Growth

82nd percentile

63%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Down

$2,397

Down $7,524 (-76%) from 2021

Net Assets

Up

-$10,612

Up $25,542 (+71%) from 2021

Liabilities

Down

$13,009

Down $33,066 (-72%) from 2021

Revenue

Up

$520,427

Up $201,673 (+63%) from 2021

Expenses

Up

$505,587

Up $209,580 (+71%) from 2021

Net Income

Down

$14,840

Down $7,907 (-35%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2017: $5,677Liabilities 2017: $02017Assets 2018: $12,696Liabilities 2018: $80,213Net Assets 2018: -$67,5162018Assets 2019: $49,649Liabilities 2019: $31,483Net Assets 2019: $18,1662019Assets 2020: $32,723Liabilities 2020: $77,364Net Assets 2020: -$44,6412020Assets 2021: $9,921Liabilities 2021: $46,075Net Assets 2021: -$36,1542021Assets 2022: $2,397Liabilities 2022: $13,009Net Assets 2022: -$10,6122022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$2,397
Liabilities$13,009
Net Assets-$10,612

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $13,799Expenses 2017: $11,122Net Income 2017: $2,6772017Revenue 2018: $92,910Expenses 2018: $80,213Net Income 2018: $12,6972018Revenue 2019: $289,230Expenses 2019: $203,548Net Income 2019: $85,6822019Revenue 2020: $171,225Expenses 2020: $206,851Net Income 2020: -$35,6262020Revenue 2021: $318,754Expenses 2021: $296,007Net Income 2021: $22,7472021Revenue 2022: $520,427Expenses 2022: $505,587Net Income 2022: $14,8402022Revenue 2023: $649,176Expenses 2023: $668,474Net Income 2023: -$19,2982023

Highlighted filing

2022

Revenue$520,427
Expenses$505,587
Net Income$14,840
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 19, 2023
Return Version
2022v5.0
Gross Receipts
$520,427
Mission and Program Overview

Mission

Our mission is to increase awareness, access, and achievement in science, technology, engineering, arts, and mathematics education grounded in our core pillars of scholarship, service, and stewardship.

Our mission is to increase awareness, access and achievement in science, technology, engineering, arts, and mathematics education grounded in our core pillars of scholarship, service and stewardship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$4,930--
Cash and Non-Interest-Bearing Accounts$4,991$2,397▼ $2,594
Rtn Earn Endowment Incm Other Fnds$-36,154$-10,612▲ $25,542
Total Assets$9,921$2,397▼ $7,524
Liabilities
Other Liabilities$33,617$13,009▼ $20,608
Accounts Payable and Accrued Expenses$12,458--
Total Liabilities$46,075$13,009▼ $33,066
Net Assets / Fund Balance
Total Net Assets Fund Balance$-36,154$-10,612▲ $25,542
Total Liabilities and Net Assets / Fund Balance$9,921$2,397▼ $7,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anthony WilliamsCEOFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$102,300
Program Service Revenue
$418,127
Investment Income
$0
Other Revenue
$0
All Other Contributions
$30,288
Change in Net Assets
$14,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$355,996
Other Expenses$149,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$264,889--$264,889
Current Officers, Directors, Trustees, and Key Employees$45,000$15,000-$60,000
Payroll Taxes$27,196$1,316-$28,512
All Other Expenses$13,507$8,986-$22,493
Occupancy$16,885$1,876-$18,761
Insurance$6,799--$6,799
Office Expenses-$5,527-$5,527
Information Technology-$5,200-$5,200
Other Expenses$15,687$5,021-$5,021
Advertising$4,662--$4,662
Other Employee Benefits$2,475$120-$2,595
Interest-$2,315-$2,315
Conferences and Meetings$616--$616
Total Functional Expenses$454,472$51,115$0$505,587
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Wayne Donna WilliamsFamily MemeberPersonal LoanNo$3,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$10,009
Payroll Tax Liabilities$3,000
Mvb Line of Credit-
Mt Line of Credit-
Ppp Loan-
Other-
Private Loan-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 is distributed to the board of directors for review and approval prior to filing.

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

The executive directors compensation is normally reviewed on an annual basis by the board of directors.

Filing and Contact Details

Filer

Filer Name
Beacon House Inc
EIN
81-5145635
Phone
2408502060
Address
20 W WASHINGTON STREET APT B100, HAGERSTOWN, MD 21740

Signing Officer

Name
Anthony Williams
Title
CEO
Phone
2408502060
Signed
2023-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Williams
Formed
2017
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
23

Preparer

Firm
Nyt Cpas
Address
780 FREDERICK ST, HAGERSTOWN, MD 21740
Preparer
Scott N Draper CPA Mba
Phone
3017976609
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

PRIOR PERIOD ADJUSTMENT

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0837098
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01426985
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0520427
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0318754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0170294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0324600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt092910
IRS990ScheduleA/Total509Grp/TotalAmt01426985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0520427
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0318754
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0170294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0324600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt092910
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01426985
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/ScheduleBRequiredInd0true
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MVB LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MT LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5OTHER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PRIVATE LOAN
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalLiabilityAmt013009
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0WAYNE DONNA WILLIAMS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMEBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt03000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PERSONAL LOAN
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTORS COMPENSATION IS NORMALLY REVIEWED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09921
IRS990/TotalAssetsEOYAmt02397
IRS990/TotalAssetsGrp/BOYAmt09921
IRS990/TotalAssetsGrp/EOYAmt02397
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0102300
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051115
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0454472
IRS990/TotalFunctionalExpensesGrp/TotalAmt0505587
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046075
IRS990/TotalLiabilitiesEOYAmt013009
IRS990/TotalLiabilitiesGrp/BOYAmt046075
IRS990/TotalLiabilitiesGrp/EOYAmt013009
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-36154
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-10612
IRS990/TotalProgramServiceExpensesAmt0454472
IRS990/TotalProgramServiceRevenueAmt0418127
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0418127
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0520427
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09921
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02397
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 W WASHINGTON STREET APT B100
IRS990/USAddress/CityNm0HAGERSTOWN
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021740
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.thebeaconhouseinc.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02408502060
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEACON HOUSE INC
ReturnHeader/Filer/BusinessNameControlTxt0BEAC
ReturnHeader/Filer/EIN0815145635
ReturnHeader/Filer/PhoneNum02408502060
ReturnHeader/Filer/USAddress/AddressLine1Txt020 W WASHINGTON STREET APT B100

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