Beacon Charitable Corporation
- Assets
- $110.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alfred, ME
- Founding
- 05/2001
- Data as of
- 04/2024
- EIN
- 01-0538501
Organization Overview
Beacon Charitable Corporation is located in Alfred, ME. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Charitable Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, Beacon Charitable Corporation generated $19.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $18.5k during the year ending 04/2024. While expenses have increased by 12.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
ASSISTING THE POOR, HOMELESS, AND ABUSED; PROMOTION OF SOUND SOCIAL, EMOTIONAL AND PHYSICAL DEVELOPMENT OF THE NEEDY. DIRECT ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Croft President | 0 | $0 | |
Terry Odell Director | 0 | $0 | |
Bonnie Gagnon Secretary | 0 | $0 | |
Lewella Daigle-Landry Director | 0 | $0 | |
Lawrence Greer Director | 0 | $0 | |
Patricia Dubois Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,129 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,082 |
| Gain or Loss | $1,018 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $221 |
| Other expenses | $1,082 |
| Total expenses | $18,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,315 |
| Other assets | $0 |
| Total assets | $110,315 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,315 |