The Beacon Life Inc
- Assets
- $7.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alpharetta, GA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-4009033
Organization Overview
The Beacon Life Inc is located in Alpharetta, GA. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Life Inc 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 12/2021, Beacon Life Inc generated $5.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (68.3%) each year. All expenses for the organization totaled $15.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
INTRODUCING THE NEW MINISTRY HEARTS AT HOME 2.0 TO THE ORIGNAL HEARTS FOLLOWERS. SHARING VISION AND MISSION FOR THE NEW AND UPGRADED MINISTRY WITH OTHERS. THE FISRT CONFERENCE WAS ANNOUNCED AND HELD IN BLOOMINGTON, IL, MARCH 2019. THERE WERE APPROXIMATELY 1500 ATTENDEES AND FEATURED 7 SPEAKERS. THE ORGANIZATION LAUNCHED ITS SUBSCRIPTION SERVICE CALLED FUEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Phillips President An | 20 | $0 | |
Lane Phillips CFO And Trea | 5 | $0 | |
Kimberly Oden Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $951 |
| Total Program Service Revenue | $4,673 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,624 |
| 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 | $685 |
| Occupancy, rent, utilities, and maintenance | $1,190 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,785 |
| Total expenses | $15,907 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,184 |
| Other assets | $0 |
| Total assets | $7,184 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,184 |