Beacon Academy A Montessori High School
- Assets
- $6.2m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 72
- Location
- Evanston, IL
- Founding
- 10/2012
- Data as of
- 06/2022
- EIN
- 45-5000715
Organization Overview
Beacon Academy A Montessori High School is located in Evanston, IL. The organization was established in 2012. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Beacon Academy A Montessori High School employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Academy A Montessori High School 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 Academy A Montessori High School generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $7.5m during the year ending 06/2022. While expenses have increased by 23.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BEACON ACADEMY OFFERS STUDENTS AN EMPOWERING LEARNING ENVIRONMENT BASED ON MONTESSORI PRICIPLES PROVIDING THE SKILLS AND EXPERIENTIAL CONNECTIONS NECESSARY TO CONTRIBUTE TO A COMPLEX AND DIVERSE WORLD WITH COMPASSION AND CONFIDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COSTS TO PROVIDE MONTESSORI HIGH SCHOOL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marja Brandon Head Of School | 40 | $241,768 | |
Renee Ruffing Assistant Head Of School | 40 | $143,826 | |
Devin Matthews President | OfficerTrustee | 4 | $0 |
Shubha Chakravarthy Treasurer | OfficerTrustee | 4 | $0 |
Susan Sattell Secretary | OfficerTrustee | 4 | $0 |
David Rhind Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $131,354 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $370,417 |
| Noncash contributions included in lines 1a–1f | $19,435 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $501,771 |
| Total Program Service Revenue | $6,444,871 |
| Investment income | $11,236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,697 |
| Net Income from Fundraising Events | $353 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,955,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $985,670 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $402,349 |
| Compensation of current officers, directors, key employees. | $107,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,450,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $400,466 |
| Payroll taxes | $261,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,337 |
| Advertising and promotion | $35,700 |
| Office expenses | $22,942 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,018,680 |
| Travel | $432 |
| 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 | $94,513 |
| Insurance | $41,642 |
| All other expenses | $119,990 |
| Total functional expenses | $7,457,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,837,014 |
| Savings and temporary cash investments | $2,470,516 |
| Pledges and grants receivable | $228,100 |
| Accounts receivable, net | $0 |
| 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 | $27,563 |
| Net Land, buildings, and equipment | $948,487 |
| Investments—publicly traded securities | $507,503 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $213,397 |
| Total assets | $6,232,580 |
| Accounts payable and accrued expenses | $410,501 |
| 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 | $2,641,770 |
| Total liabilities | $3,052,271 |
| Net assets without donor restrictions | $2,309,205 |
| Net assets with donor restrictions | $871,104 |
| 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 | $6,232,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beacon Academy A Montessori High School has recieved totaling $9,300.
| Awarding Organization | Amount |
|---|---|
Ericka And Matthew Thacker Family Foundation Troy, MI PURPOSE: TO SUPPORT CHARITABLE PURPOSES | $9,300 |
Endowment Analysis
| Beg. Balance | $2,599,438 |
| Earnings | -$72,654 |
| Net Contributions | $146,000 |
| Other Expense | $106,100 |
| Ending Balance | $2,566,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wheaton Academy West Chicago, IL | $41,216,883 | $18,989,425 |
Lexington School Inc Lexington, KY | $82,981,335 | $20,273,926 |
Westminster Christian Academy Association Town Country, MO | $72,930,151 | $20,133,441 |
Barstow School Kansas City, MO | $36,041,263 | $20,616,227 |
St Johns Northwestern Military Academy Inc Delafield, WI | $17,393,633 | $8,781,742 |
Trinity Schools Inc South Bend, IN | $7,029,834 | $13,749,929 |
Conserve School Corporation Land O Lakes, WI | $44,507,562 | $11,154,750 |
North Lawndale College Preparatory Charter High School Chicago, IL | $2,962,197 | $11,158,791 |
Whitfield School Inc Saint Louis, MO | $28,107,434 | $12,277,432 |
National Federation Of State High School Associations Indianapolis, IN | $27,763,480 | $13,615,729 |
Chicago High School For The Arts Chicago, IL | $2,941,878 | $11,358,918 |
Illinois High School Association Bloomington, IL | $9,005,242 | $12,463,504 |