Beacon Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 426,543 | 28,349 | 398,194 | 168.6 | 0% |
| 2017 | 5,920,867 | 305,693 | 5,615,174 | 235.2 | 7% |
| 2018 | 8,235,466 | 425,299 | 7,810,167 | 389.7 | 11% |
| 2019 | 1,555,858 | 10,011,612 | −8,455,754 | 6.4 | 0% |
| 2020 | 2,157,490 | 1,378,649 | 778,841 | 119.8 | 6% |
| 2021 | 3,069,160 | 1,013,033 | 2,056,127 | 187.4 | 9% |
| 2022 | 6,675,896 | 3,046,463 | 3,629,433 | 76.1 | 3% |
| 2023 | 7,097,294 | 1,118,104 | 5,979,190 | 272.7 | 9% |
In its most recent public year (2023), this organization brought in $5,979,190 more than it spent. Its reserves stood at about 272.7 months of spending, up from 168.6 in 2016. Staff pay was 9% of spending. $189,531 of its net assets are donor-restricted.
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
Beacon Education Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works