The Miami-dade Beacon Council Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

67 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

See schedule o

During the year, the organization promotes programs for the purpose of enhancing the economic development of miami-dade county.

Revenue model: Grant-funded. 60% of the money available for current operations came from government grants.
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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: -6.8%; rating input score 17; 17th percentile among comparable filings
Total-asset coverage ratio: 0.68; rating input score 25; 25th percentile among comparable filings
Liabilities to assets ratio: 0.52; rating input score 20; 20th percentile among comparable filings
Officer compensation ratio: 18.2%; rating input score 14; 14th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 0.9% per year; rating input score 100; 15th percentile among comparable filings
Asset growth: -1.4% per year; rating input score 0; 9th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 62 of 62 board members independent · 7 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $479K · 67 people listed · 4 of 6 pay-setting controls reported
Highest-paid contractors: 3 contractors listed · $1.1M reported
Consistency: 11 of 11 current checks pass
Schedules: 6 filed schedules · includes major donors and executive pay
Filing history: 14 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 5 filed money-flow records
Related organizations: 1 filed related-organization link
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.

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

High — Sustainability: Operating margin scored 17/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 25/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
High — Sustainability: Officer compensation ratio scored 14/100.
High — Sustainability: Liabilities to assets ratio scored 20/100.