Beacon Tree Foundation
Nonprofit profile at a glance
- EIN
- 262471438
- IRS 990-EZ coverage
- 2015–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2014
- Location
- Richmond, VA, USA
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $44,607
- Expenses
- $69,268
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MICHELLE ETHRIDGE (PRESIDENT)
- KAREN NICHOLSON (VICE PRESIDENT)
People named in this filing
- TOM LEAHY (FOUNDER)
- MICHELLE ETHRIDGE (PRESIDENT)
- GEORGE FOREMAN (SECRETARYTREASURER)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See o-statement 1
What it reported doing in 2023
To provide parents support to defray the cost of special therapeutic programs and schools whose costs are beyond their financial means and help supply mental health providers.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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: 15
- Transparency & Controls: 82
- Sustainability: 13
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17%; rating input score 17
- Program expense ratio: 11%; rating input score 11
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -55.3%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: -2% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: -7% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 17% of revenue deployed · 11% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $8K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2015 to 2023
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Financial Efficiency: Program expense ratio scored 11/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.