The Beacon Council Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 407,500 | 425,970 | −18,470 | 1.5 | 0% |
| 2012 | 15,000 | 69,571 | −54,571 | -0.4 | 0% |
| 2013 | 185,300 | 27,554 | 157,746 | 67.8 | 0% |
| 2014 | 300,934 | 111,539 | 189,395 | 37.1 | 0% |
| 2015 | 491,639 | 337,002 | 154,637 | 17.8 | 0% |
| 2016 | 317,347 | 351,610 | −34,263 | 15.9 | 0% |
| 2017 | 74,315 | 274,651 | −200,336 | 11.6 | 0% |
| 2018 | 572,734 | 688,303 | −115,569 | 2.7 | 0% |
| 2019 | 593,770 | 643,027 | −49,257 | 2.0 | 0% |
| 2020 | 340,749 | 434,595 | −93,846 | 0.4 | 0% |
| 2021 | 624,041 | 637,815 | −13,774 | 0.6 | 0% |
| 2022 | 1,268,170 | 1,270,850 | −2,680 | -0.1 | 0% |
| 2023 | 816,730 | 826,286 | −9,556 | -0.9 | 0% |
In its most recent public year (2023), this organization spent $9,556 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months), down from 1.5 in 2011. Staff pay was 0% 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
The Beacon Council Economic Development Foundation 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