Beacon Of Life
- Assets
- $1.3m
- Revenue
- $448.2k
- Investments
- $0.0
- Employees
- 26
- Location
- Des Moines, IA
- Founding
- 01/1986
- Data as of
- 06/2021
- EIN
- 42-1253088
Organization Overview
Beacon Of Life is located in Des Moines, IA. The organization was established in 1986. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Beacon Of Life employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Of Life 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 06/2021, Beacon Of Life generated $448.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $533.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES HOMELESS WOMEN A MULTIFACETED APPROACH THAT INCLUDES ONE-ON-ONE COUNSELING, BUDGETING, HOUSING, JOB READINESS, EMPLOYMENT PLACEMENT, VIOLENCE AGAINST WOMEN, AND HEALTH ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMELESS SHELTER THAT ASSISTS WOMEN IN THEIR TRANSITION THROUGH A MULTIFACETED APPROACH THAT INCLUDES, BUT IS NOT LIMITED TO, ONE-ON-ONE COUNSELING AND PROGRAMMING ON CHEMICAL DEPENDENCY, BUDGETING, HOUSING, JOB READINESS, EMPLOYMENT PLACEMENT, VIOLENCE AGAINST WOMEN, HEALTH ISSUES AND MORE.
THE ORGANIZATION OPERATES A RESALE SHOP, KNOWN AS BEACON BOUTIQUE, WHICH SELLS DONATED CLOTHES, FURNITURE, HOUSEHOLD GOODS AND OTHER ACCESSORIES. ALL PROCEEDS FROM THE SHOP DIRECTLY BENEFIT THE OPERATIONS OF THE ORGANIZATION. THE SHOP HELPS FOSTER COMMUNITY AWARENESS FOR BEACON OF LIFE AND PROVIDES PRACTICAL RETAIL WORK EXPERIENCE FOR MANY PROGRAM RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Vine Executive Director | Officer | 40 | $34,276 |
Jill Niswander President | OfficerTrustee | 1.5 | $0 |
Travis Simpson Past President | OfficerTrustee | 1 | $0 |
Emily Berrier Vice President | OfficerTrustee | 1 | $0 |
Katie Caggiano Treasurer | OfficerTrustee | 1 | $0 |
Shannon Sobek Secretary | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,476 |
| Noncash contributions included in lines 1a–1f | $50,278 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,375 |
| Total Program Service Revenue | $76,150 |
| Investment income | $13,985 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,501 |
| Net Income from Fundraising Events | $20,197 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $33,226 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $448,232 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,583 |
| Compensation of current officers, directors, key employees. | $39,950 |
| Compensation to disqualified persons | $215,632 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,762 |
| Payroll taxes | $31,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,367 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,193 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,509 |
| Office expenses | $5,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,170 |
| Travel | $219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,402 |
| Insurance | $24,654 |
| All other expenses | $20,499 |
| Total functional expenses | $533,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,095 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $11,809 |
| Accounts receivable, net | $10,352 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,880 |
| Net Land, buildings, and equipment | $338,485 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $715,639 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,281,260 |
| Accounts payable and accrued expenses | $19,066 |
| Grants payable | $0 |
| Deferred revenue | $12,973 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,800 |
| Total liabilities | $92,839 |
| Net assets without donor restrictions | $1,122,919 |
| Net assets with donor restrictions | $65,502 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,281,260 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Beacon Of Life has recieved totaling $37,048.
| Awarding Organization | Amount |
|---|---|
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION FOR COMET CUPBOARD FOOD PROGRAM | $32,048 |
Des Moines Area Association Of Realtors Foundation West Des Moines, IA PURPOSE: HELP WOMEN IN CRISIS | $5,000 |
Endowment Analysis
| Beg. Balance | $546,967 |
| Earnings | $158,238 |
| Admin Expense | $3,094 |
| Grants | $32,048 |
| Ending Balance | $670,063 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peoples City Mission Lincoln, NE | $5,491,222 | $20,288,173 |
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Connections For The Homeless Inc Evanston, IL | $3,076,427 | $13,787,312 |
Siena Francis House Omaha, NE | $39,171,081 | $11,436,014 |
People Serving People Inc Minneapolis, MN | $3,407,930 | $8,460,850 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Guest House Of Milwaukee Inc Milwaukee, WI | $4,668,756 | $7,591,185 |
Porchlight Inc Madison, WI | $20,932,700 | $8,054,019 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Home Of The Sparrow Inc McHenry, IL | $8,853,100 | $7,775,187 |