The Beacon Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 55,774 | 52,288 | 3,486 | 13.4 | — |
| 2019 | 175,760 | 197,044 | −21,284 | 2.3 | — |
| 2020 | 99,969 | 121,643 | −21,674 | 1.5 | — |
| 2021 | 5,624 | 15,907 | −10,283 | 5.4 | — |
In its most recent public year (2021), this organization spent $10,283 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 13.4 in 2018.
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 2021. 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 Life Inc's IRS filings as a feed — one entry per filing year, through 2021. 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