Beacon Academy Inc

Nonprofit profile at a glance

EIN: 352020062
IRS 990-EZ coverage: 2015–2015
Forms available: Form 990 2014, Form 990-EZ 2015
Location: Greenfield, IN, USA
Phone: 3174622049
Rating: 48
Verdict: MIXED
Rating confidence: Moderate
Sector: Elementary, Secondary Education, K - 12

Reported finances

Revenue: $150,466
Expenses: $203,936
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

JANE MCCANN (President)

People named in this filing

J WILLIAM ASHER PhD (Treasurer)
RONALD D ELLY STM (Secretary)
JANE MCCANN (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of beacon academy was to assist middle and high school students who were educationally at-risk achieve their full potential and, as a result, to strengthen the greater lafayette community.

What it reported doing in 2015

Throughout the school year beacon academy, inc. Provided a total of 28 middle school and high school students, considered educationally at-risk, with educational programs specifically targeted to their individual needs.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 30
Transparency & Controls: 82
Sustainability: 3
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 32.9%; rating input score 33
Program expense ratio: 24.3%; rating input score 24

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -35.5%; rating input score 3; 3rd percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 28.7%; rating input score 13; 13th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -22.9% per year; rating input score 0; 3rd percentile among comparable filings
Asset growth: -95.7% per year; rating input score 0; 1st percentile among comparable filings

Details

Where the money goes: 32.9% of revenue deployed · 24.3% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $50K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 5 of 5 current checks pass
Schedules: 4 filed schedules
Contacts: How to reach this organization
Money network: 3 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
High — Financial Efficiency: Program expense ratio scored 24/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 3/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 0/100.
High — Sustainability: Officer compensation ratio scored 13/100.