everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Beacon Foundation

Farmington, MN / EIN 41-1939919 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201182,80676,1046,70260.6
201278,30030,94247,358167.5
201375,37440,93534,439136.7
201466,14355,92910,214102.2
201560,47379,158−18,68569.4
201660,30937,26123,048154.9
201756,96722,58234,385273.853%
201844,13847,721−3,583128.725%
201938,40774,103−35,69677.116%
202016,70035,382−18,682155.134%
20219,11737,654−28,537136.632%
20226,02245,109−39,087103.727%
20234,83265,913−61,08159.818%

In its most recent public year (2023), this organization spent $61,081 more than it brought in. Its reserves stood at about 59.8 months of spending. Staff pay was 18% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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