Beacon Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 181,878 | 116,172 | 65,706 | 136.8 | 5% |
| 2021 | 389,498 | 163,172 | 226,326 | 114.0 | 3% |
| 2022 | 190,066 | 144,090 | 45,976 | 168.4 | 4% |
| 2023 | 152,241 | 144,879 | 7,362 | 181.6 | 5% |
In its most recent public year (2023), this organization brought in $7,362 more than it spent. Its reserves stood at about 181.6 months of spending, up from 136.8 in 2020. Staff pay was 5% 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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