Beacon Academy

Beacon Academy faces significant financial liabilities despite consistent revenue growth.

EIN: 200158631 · Crystal, MN · NTEE: B24 · Updated: 2026-03-28

$9.0MRevenue
$4.1MAssets
65/100Mission Score (Good)
B24

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Beacon Academy Financial Summary
MetricValue
Total Revenue$9.0M
Total Expenses$9.0M
Program Spending75%
CEO/Top Officer Pay$8
Net Assets$-2,977,176
Transparency Score65/100

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Beacon Academy Form 990, Revenue, CEO Pay, and IRS Filing Signals

Beacon Academy is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Beacon Academy in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $8.4M and expenses of $9.0M.

Revenue and Expenses

Beacon Academy reported $8.4M in revenue and $9.0M in expenses, a deficit of $558K.

Executive Compensation

Top officer compensation appears as $8 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Beacon Academy Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Beacon Academy Expense Deployment
Program services$6.7M (75%)

Across stored filings, Beacon Academy shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Beacon Academy Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade C13 stored filing years
Peer contextCompare with North American Lake Management SocietyMinnesota and Education context

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Beacon Academy directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Beacon Academy

Beacon Academy (EIN: 200158631) is a nonprofit organization based in Crystal, MN, classified under NTEE code B24. The organization reported total revenue of $9.0M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beacon Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Beacon Academy is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$8.4M
Total Expenses$9.0M
Surplus / Deficit$-558,428
Total Assets$4.3M
Total Liabilities$7.3M
Net Assets$-2,977,176
Operating Margin-6.6%
Debt-to-Asset Ratio169.0%
Months of Reserves5.8 months

Financial Health Grade: C

In 2023, Beacon Academy reported a deficit of $558K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 169.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Beacon Academy's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-8.9%-1.5%-21.1%
2022+5.4%+2.7%-5.5%
2021-1.4%+4.4%+10.5%
2020+13.2%+11.8%-12.9%
2019+11.9%+2.4%+5.7%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Beacon Academy demonstrates a consistent operational pattern, with revenues and expenses generally in close proximity over the past decade. While the organization has experienced growth in revenue from $4.45 million in 2014 to $8.41 million in 2023, it has also frequently operated with expenses exceeding revenue, as seen in 2023 ($8,969,384 expenses vs. $8,410,956 revenue) and 2022 ($9,105,055 expenses vs. $9,230,402 revenue). A significant concern is the organization's high and growing liabilities, reaching $7,294,983 in 2023 against assets of $4,317,807, indicating a negative net asset position. This suggests potential long-term financial instability if not addressed. The consistent reporting of 0% officer compensation across all filings is a positive indicator of transparency regarding executive pay, suggesting that top leadership may be compensated through other means or that the organization has a volunteer-led executive structure. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The substantial liabilities relative to assets warrant closer scrutiny to understand their nature and the organization's plan for managing them. Overall, Beacon Academy appears to be a growing organization in terms of scale, but its financial health is challenged by persistent operating deficits and a substantial negative net asset position. While executive compensation transparency is good, a deeper dive into expense allocation is needed to fully evaluate efficiency. The high liabilities are a significant red flag that could impact its long-term sustainability and ability to fulfill its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Beacon Academy with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Beacon Academy allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$8.4MTotal Revenue
$9.0MTotal Expenses
$4.3MTotal Assets
$7.3MTotal Liabilities
$-2,977,176Net Assets
  • The organization reported a deficit of $558K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 169.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with over $8 million in annual revenue, suggesting either a fully volunteer executive team or compensation being reported under other expense categories.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Beacon Academy's IRS 990 filings:

  • Significant and growing liabilities ($7,294,983 in 2023) consistently exceeding assets ($4,317,807 in 2023), indicating a negative net asset position.
  • Frequent operating deficits where expenses exceed revenue (e.g., $8,969,384 expenses vs. $8,410,956 revenue in 2023).
  • Unusually consistent 0% officer compensation for an organization with over $8 million in annual revenue, which may obscure actual leadership costs if compensation is reported elsewhere.

Strengths

The following positive indicators were identified for Beacon Academy:

  • Consistent revenue growth over the past decade, from $4.45 million in 2014 to $8.41 million in 2023, indicating increasing scale and reach.
  • Long filing history (13 filings), suggesting a commitment to IRS compliance and transparency in reporting.
  • NTEE code B24 (Elementary & Secondary Education) indicates a clear program focus on education.

Frequently Asked Questions about Beacon Academy

Is Beacon Academy a legitimate charity?

Beacon Academy (EIN: 200158631) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.0M. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does Beacon Academy spend its money?

Beacon Academy directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Beacon Academy tax-deductible?

Beacon Academy is registered as a tax-exempt nonprofit (EIN: 200158631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Beacon Academy CEO make?

Beacon Academy's highest-compensated officer earns $8 annually. The organization reported $9.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Beacon Academy's spending goes to programs?

Beacon Academy directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Beacon Academy compare to similar nonprofits?

With a transparency score of 65/100 (Good), Beacon Academy is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Beacon Academy located?

Beacon Academy is headquartered in Crystal, Minnesota and files with the IRS under EIN 200158631. It is classified under NTEE code B24.

How many years of IRS 990 filings does Beacon Academy have?

Beacon Academy has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.0M in total revenue.

How does Beacon Academy manage its significant and growing liabilities, which reached $7,294,983 in 2023?

The filings show a consistent trend of liabilities exceeding assets, indicating a negative net asset position. Understanding the nature of these liabilities (e.g., long-term debt, deferred revenue) and the organization's strategy for managing them is crucial for assessing financial stability.

What is the detailed breakdown of Beacon Academy's expenses into program, administrative, and fundraising categories?

Without this detailed breakdown, it's difficult to fully assess the organization's spending efficiency and how much of its budget directly supports its mission. The provided data only gives total expenses.

Given the 0% officer compensation, how are the organization's top executives compensated, or is it entirely volunteer-led?

The consistent 0% officer compensation is unusual for an organization of this scale. Clarification on executive compensation structure is needed to ensure transparency and understand leadership costs.

What is the reason for the frequent operating deficits, where expenses exceed revenue, as seen in 2023 and 2021?

Operating with deficits can erode financial reserves and contribute to growing liabilities. Understanding the causes (e.g., strategic investments, unexpected costs, revenue shortfalls) is important for evaluating financial management.

Filing History

IRS 990 filing history for Beacon Academy showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Beacon Academy's revenue has grown by 95.4%, moving from $4.3M to $8.4M. Total assets increased by 181.9% over the same period, from $1.5M to $4.3M. Total functional expenses rose by 123.2%, from $4.0M to $9.0M. In its most recent filing year (2023), Beacon Academy reported a deficit of $558K, with expenses exceeding revenue. The organization holds $7.3M in liabilities against $4.3M in assets (debt-to-asset ratio: 169.0%), resulting in net assets of $-2,977,176.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $8.4M $9.0M $4.3M $7.3M View 990
2022 $9.2M $9.1M $5.5M $8.6M View 990
2021 $8.8M $8.9M $5.8M $9.1M
2020 $8.9M $8.5M $5.2M $7.9M View 990
2019 $7.8M $7.6M $6.0M $8.5M View 990
2018 $7.0M $7.4M $5.7M $9.3M View 990
2017 $5.0M $5.4M $7.0M $9.2M View 990
2016 $4.8M $4.9M $2.5M $3.3M View 990
2015 $4.7M $4.6M $2.3M $3.0M View 990
2014 $4.5M $4.3M $1.8M $304K View 990
2013 $4.4M $4.4M $1.7M $321K View 990
2012 $4.1M $4.0M $1.7M $309K View 990
2011 $4.3M $4.0M $1.5M $259K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $8.4M, expenses of $9.0M, and assets of $4.3M (revenue -8.9% year-over-year).
  • 2022: Revenue of $9.2M, expenses of $9.1M, and assets of $5.5M (revenue +5.4% year-over-year).
  • 2021: Revenue of $8.8M, expenses of $8.9M, and assets of $5.8M (revenue -1.4% year-over-year).
  • 2020: Revenue of $8.9M, expenses of $8.5M, and assets of $5.2M (revenue +13.2% year-over-year).
  • 2019: Revenue of $7.8M, expenses of $7.6M, and assets of $6.0M (revenue +11.9% year-over-year).
  • 2018: Revenue of $7.0M, expenses of $7.4M, and assets of $5.7M (revenue +39.8% year-over-year).
  • 2017: Revenue of $5.0M, expenses of $5.4M, and assets of $7.0M (revenue +3.5% year-over-year).
  • 2016: Revenue of $4.8M, expenses of $4.9M, and assets of $2.5M (revenue +2.0% year-over-year).
  • 2015: Revenue of $4.7M, expenses of $4.6M, and assets of $2.3M (revenue +6.6% year-over-year).
  • 2014: Revenue of $4.5M, expenses of $4.3M, and assets of $1.8M (revenue +1.0% year-over-year).
  • 2013: Revenue of $4.4M, expenses of $4.4M, and assets of $1.7M (revenue +7.4% year-over-year).
  • 2012: Revenue of $4.1M, expenses of $4.0M, and assets of $1.7M (revenue -4.7% year-over-year).
  • 2011: Revenue of $4.3M, expenses of $4.0M, and assets of $1.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Beacon Academy:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Beacon Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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