Beacon College Prep Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 227,135 | −227,135 | -20.9 | — |
| 2015 | 1,695,234 | 1,345,954 | 349,280 | -0.4 | 40% |
| 2016 | 2,324,705 | 2,549,155 | −224,450 | -1.3 | 46% |
| 2017 | 2,909,251 | 2,663,190 | 246,061 | -0.2 | 47% |
| 2018 | 3,979,623 | 3,364,693 | 614,930 | 2.0 | 50% |
| 2019 | 6,369,250 | 6,826,959 | −457,709 | 0.3 | 41% |
| 2020 | 6,277,761 | 6,718,957 | −441,196 | -0.5 | 40% |
| 2021 | 7,064,402 | 6,723,091 | 341,311 | 0.3 | 44% |
| 2022 | 6,882,360 | 6,906,013 | −23,653 | 0.3 | 45% |
| 2023 | 6,888,459 | 7,911,687 | −1,023,228 | -1.3 | 42% |
In its most recent public year (2023), this organization spent $1,023,228 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), up from -20.9 in 2014. Staff pay was 42% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works