Civic Intelligence

Beacon Impact

990EZ • Fiscal year 2020 • EIN 82-2353502

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 23, 2021

201 4th Ave N Ste 1820Nashville, TN 37219

(615) 383-6431

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

36th percentile

-4.0%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

39th percentile

-3.5%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-7.7%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$152,662

Down $5,490 (-3.5%) from 2019

Net Assets

Down

$152,662

Down $5,490 (-3.5%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$136,760

Down $11,365 (-7.7%) from 2019

Expenses

Up

$142,250

Up $16,498 (+13%) from 2019

Net Income

Down

-$5,490

Down $27,863 (-125%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $101,600Liabilities 2017: $02017Assets 2018: $135,778Liabilities 2018: $02018Assets 2019: $158,152Net Assets 2019: $158,1522019Assets 2020: $152,662Net Assets 2020: $152,6622020Assets 2021: $217,184Liabilities 2021: $0Net Assets 2021: $217,1842021Assets 2022: $148,567Liabilities 2022: $0Net Assets 2022: $148,5672022Assets 2023: $199,880Liabilities 2023: $0Net Assets 2023: $199,8802023Assets 2024: $252,762Liabilities 2024: $0Net Assets 2024: $252,7622024

Highlighted filing

2020

Assets$152,662
Liabilities-
Net Assets$152,662

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $101,600Expenses 2017: $0Net Income 2017: $101,6002017Revenue 2018: $131,150Expenses 2018: $96,972Net Income 2018: $34,1782018Revenue 2019: $148,125Expenses 2019: $125,752Net Income 2019: $22,3732019Revenue 2020: $136,760Expenses 2020: $142,250Net Income 2020: -$5,4902020Revenue 2021: $216,918Expenses 2021: $152,397Net Income 2021: $64,5212021Revenue 2022: $142,110Expenses 2022: $210,727Net Income 2022: -$68,6172022Revenue 2023: $292,486Expenses 2023: $241,173Net Income 2023: $51,3132023Revenue 2024: $313,750Expenses 2024: $260,868Net Income 2024: $52,8822024

Highlighted filing

2020

Revenue$136,760
Expenses$142,250
Net Income-$5,490
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 23, 2021
Return Version
2020v4.0
Gross Receipts
$136,760
Mission and Program Overview

Mission

The purpose of beacon impact is to advocate for the promotion of free markets, individual liberty, and limited government, and to advocate on matters that empower tennesseans to reclaim control of their lives, so that they can freely pursue their version of the american dream. Beacon impact serves as the action partner of the beacon center of tennessee.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF BEACON IMPACT IS TO ADVOCATE FOR THE PROMOTION OF FREE MARKETS, INDIVIDUAL LIBERTY, AND LIMITED GOVERNMENT, AND TO ADVOCATE ON MATTERS THAT EMPOWER TENNESSEANS TO RECLAIM CONTROL OF THEIR LIVES, SO THAT THEY CAN FREELY PURSUE THEIR VERSION OF THE AMERICAN DREAM. BEACON IMPACT SERVES AS THE ACTION PARTNER OF THE BEACON CENTER OF TENNESSEE.-$142,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTIN OWENPresident &PT$0--
JOHN CERASUOLOChairman-$0--
JOSH BOYDDirector-$0--
KEN MEYERDirector-$0--
ANDREW SCARLETTDirector-$0--
JIM THIENDirector-$0--
BRIDGET PARKESDirector-$0--
BO JOHNSONDirector-$0--
PAT SHEPHERDDirector-$0--
DR DAN SMITHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Beacon Impact
EIN
82-2353502
Phone
6153836431
Address
201 4TH AVE N STE 1820, NASHVILLE, TN 37219

Signing Officer

Name
Justin Owen
Title
President & CEO
Phone
6153836431
Signed
2021-06-23

Preparer

Firm
Patterson Hardee & Ballentine Pc
Address
1889 GENERAL GEORGE PATTON DR SUIT, FRANKLIN, TN 37067-6294
Preparer
Sarah C Hardee CPA
Phone
6157505537
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,353 technology 12,994 978 bank fees 700 licenses and dues 2,843 events 165 research materials 1,133 miscellaneous 1,381 total 21,547

Form 990-ez, Part III

The purpose of beacon impact is to advocate for the promotion of free markets, individual liberty, and limited government, and to advocate on matters that empower tennesseans to reclaim control of their lives, so that they can freely pursue their version of the american dream. Beacon impact serves as the action partner of the beacon center of tennessee.

Form 990-ez, Part III, Line 28

The purpose of beacon impact is to advocate for the promotion of free markets, individual liberty, and limited government, and to advocate on matters that empower tennesseans to reclaim control of their lives, so that they can freely pursue their version of the american dream. Beacon impact serves as the action partner of the beacon center of tennessee.

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,353 TECHNOLOGY 12,994 978 BANK FEES 700 LICENSES AND DUES 2,843 EVENTS 165 RESEARCH MATERIALS 1,133 MISCELLANEOUS 1,381 TOTAL 21,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF BEACON IMPACT IS TO ADVOCATE FOR THE PROMOTION OF FREE MARKETS, INDIVIDUAL LIBERTY, AND LIMITED GOVERNMENT, AND TO ADVOCATE ON MATTERS THAT EMPOWER TENNESSEANS TO RECLAIM CONTROL OF THEIR LIVES, SO THAT THEY CAN FREELY PURSUE THEIR VERSION OF THE AMERICAN DREAM. BEACON IMPACT SERVES AS THE ACTION PARTNER OF THE BEACON CENTER OF TENNESSEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF BEACON IMPACT IS TO ADVOCATE FOR THE PROMOTION OF FREE MARKETS, INDIVIDUAL LIBERTY, AND LIMITED GOVERNMENT, AND TO ADVOCATE ON MATTERS THAT EMPOWER TENNESSEANS TO RECLAIM CONTROL OF THEIR LIVES, SO THAT THEY CAN FREELY PURSUE THEIR VERSION OF THE AMERICAN DREAM. BEACON IMPACT SERVES AS THE ACTION PARTNER OF THE BEACON CENTER OF TENNESSEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN OWEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06153836431
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEACON IMPACT
ReturnHeader/Filer/BusinessNameControlTxt0BEAC
ReturnHeader/Filer/EIN0822353502
ReturnHeader/Filer/PhoneNum06153836431
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450784806
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTERSON HARDEE & BALLENTINE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01889 GENERAL GEORGE PATTON DR SUIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0370676294
ReturnHeader/PreparerPersonGrp/PhoneNum06157505537
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARAH C HARDEE CPA
ReturnHeader/ReturnTs02021-06-28T11:58:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JUSTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OWEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings