Beacon Academy A Montessori High School
- Assets
- $14.4m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 70
- Location
- Evanston, IL
- Founding
- 10/2012
- Data as of
- 06/2023
- 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 06/2023, Beacon Academy A Montessori High School employed 70 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 06/2023, Beacon Academy A Montessori High School generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.6m during the year ending 06/2023. While expenses have increased by 7.3% per year over the past 6 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
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian King President | OfficerTrustee | 4 | $0 |
Devin Parsons Vice President | OfficerTrustee | 4 | $0 |
Elizabeth Al-Dajani Secretary | OfficerTrustee | 4 | $0 |
Shubha Chakravarthy Treasurer | OfficerTrustee | 4 | $0 |
Isaac Akers Director | Trustee | 2 | $0 |
Brian Kavanaugh Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,328 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $380,225 |
| Noncash contributions included in lines 1a–1f | $29,857 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,553 |
| Total Program Service Revenue | $5,999,934 |
| Investment income | $90,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,462 |
| Net Income from Fundraising Events | $9,130 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,656,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,048,477 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $437,062 |
| Compensation of current officers, directors, key employees. | $200,025 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,112,645 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $543,994 |
| Payroll taxes | $279,301 |
| 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 | $48,132 |
| Advertising and promotion | $17,402 |
| Office expenses | $54,271 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,118,043 |
| Travel | $0 |
| 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 | $103,339 |
| Insurance | $37,221 |
| All other expenses | $141,579 |
| Total functional expenses | $7,638,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,757,150 |
| Savings and temporary cash investments | $2,361,319 |
| Pledges and grants receivable | $108,000 |
| 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 | $194,075 |
| Net Land, buildings, and equipment | $1,068,902 |
| Investments—publicly traded securities | $544,549 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,351,595 |
| Total assets | $14,385,590 |
| Accounts payable and accrued expenses | $229,485 |
| 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 | $11,924,620 |
| Total liabilities | $12,154,105 |
| Net assets without donor restrictions | $1,272,930 |
| Net assets with donor restrictions | $958,555 |
| 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 | $14,385,590 |