Beacon Of Life
- Assets
- $1.0m
- Revenue
- $405.6k
- Investments
- $0.0
- Employees
- 17
- Location
- Des Moines, IA
- Founding
- 01/1986
- Data as of
- 06/2022
- 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 06/2022, Beacon Of Life employed 17 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 06/2022, Beacon Of Life generated $405.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $504.3k during the year ending 06/2022. 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Niswander President | OfficerTrustee | 2 | $0 |
Emily Berrier Vice President | OfficerTrustee | 1 | $0 |
Katie Caggiano Treasurer | OfficerTrustee | 1 | $0 |
Shannon Sobek Secretary | OfficerTrustee | 1 | $0 |
Travis Simpson Past President | OfficerTrustee | 1 | $0 |
Kim Babberl Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,652 |
| Noncash contributions included in lines 1a–1f | $1,410 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,968 |
| Total Program Service Revenue | $143,155 |
| Investment income | $14,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,068 |
| Net Income from Fundraising Events | $44,884 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $405,611 |
| 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. | $73,000 |
| Compensation of current officers, directors, key employees. | $43,800 |
| Compensation to disqualified persons | $211,540 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $20,107 |
| Other employee benefits | $11,854 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,392 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,534 |
| Office expenses | $3,616 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51 |
| 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 | $36,824 |
| Insurance | $16,045 |
| All other expenses | $19,199 |
| Total functional expenses | $504,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,487 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,414 |
| Accounts receivable, net | $8,183 |
| 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 | $1,365 |
| Net Land, buildings, and equipment | $337,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $600,424 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,037,116 |
| Accounts payable and accrued expenses | $24,567 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $24,567 |
| Net assets without donor restrictions | $997,958 |
| Net assets with donor restrictions | $14,591 |
| 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 | $1,037,116 |