Beacon Of Hope Foundation Ph
Beacon Of Hope Foundation Ph faces declining assets and recurring operational deficits despite zero executive compensation.
EIN: 205239907 · Henderson, NV · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $88K |
| Program Spending | 80% |
| Net Assets | $6K |
| Transparency Score | 65/100 |
Is Beacon Of Hope Foundation Ph Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beacon Of Hope Foundation Ph directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beacon Of Hope Foundation Ph
Beacon Of Hope Foundation Ph (EIN: 205239907) is a nonprofit organization based in Henderson, NV, classified under NTEE code Q33. The organization reported total revenue of $70K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beacon Of Hope Foundation Ph's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beacon Of Hope Foundation Ph is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $88K |
| Surplus / Deficit | $-12,444 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -16.5% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Beacon Of Hope Foundation Ph reported a deficit of $12K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Beacon Of Hope Foundation Ph's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.1% | +17.8% | -69.2% |
| 2022 | -9.4% | +53.6% | +28.7% |
| 2020 | +58.8% | -1.4% | -57.8% |
| 2019 | +17.9% | -3.7% | -16.7% |
| 2018 | -12.9% | +81.5% | -27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beacon Of Hope Foundation Ph 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: 80%
- fundraising: 5%
According to IRS 990 filings, Beacon Of Hope Foundation Ph allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is a significant positive for a small organization, as it means all revenue is theoretically available for program delivery and operational costs.
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 Of Hope Foundation Ph's IRS 990 filings:
- Consistent decline in assets from $63,995 in 2015 to $5,542 in 2023, indicating a shrinking financial cushion.
- Frequent operational deficits where expenses exceed revenue (e.g., $88,044 expenses vs. $75,600 revenue in 2023; $74,751 expenses vs. $61,400 revenue in 2022), raising concerns about long-term sustainability.
- Lack of detailed functional expense breakdown in the provided data, making it difficult to precisely assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Beacon Of Hope Foundation Ph:
- Zero officer compensation reported across all filings, indicating that no executive salaries are paid, maximizing funds for mission-related activities.
- No reported liabilities across all filings, suggesting responsible debt management.
- Consistent IRS 990 filing history (12 filings), demonstrating a commitment to transparency and regulatory compliance.
Frequently Asked Questions about Beacon Of Hope Foundation Ph
Is Beacon Of Hope Foundation Ph a legitimate charity?
Beacon Of Hope Foundation Ph (EIN: 205239907) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $70K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Beacon Of Hope Foundation Ph spend its money?
Beacon Of Hope Foundation Ph directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Beacon Of Hope Foundation Ph tax-deductible?
Beacon Of Hope Foundation Ph is registered as a tax-exempt nonprofit (EIN: 205239907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Beacon Of Hope Foundation Ph's spending goes to programs?
Beacon Of Hope Foundation Ph directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Beacon Of Hope Foundation Ph compare to similar nonprofits?
With a transparency score of 65/100 (Good), Beacon Of Hope Foundation Ph is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beacon Of Hope Foundation Ph located?
Beacon Of Hope Foundation Ph is headquartered in Henderson, Nevada and files with the IRS under EIN 205239907. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Beacon Of Hope Foundation Ph have?
Beacon Of Hope Foundation Ph has 12 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 $70K in total revenue.
Is Beacon Of Hope Foundation Ph financially sustainable?
The organization's financial sustainability is questionable given the consistent decline in assets from $63,995 in 2015 to $5,542 in 2023, and recurring instances where expenses exceed revenue, such as in 2023 ($88,044 expenses vs. $75,600 revenue).
How does Beacon Of Hope Foundation Ph fund its operations?
While specific funding sources are not detailed, the organization relies on revenue (e.g., $75,600 in 2023) to cover expenses. The recurring deficits suggest that current revenue generation may not consistently meet operational needs, potentially drawing down reserves or relying on past surpluses.
What is the trend in the organization's financial health?
The trend indicates a decline in financial health, marked by a significant reduction in assets over the past decade and frequent periods where expenses outpace revenue, leading to operational deficits.
Filing History
IRS 990 filing history for Beacon Of Hope Foundation Ph showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Beacon Of Hope Foundation Ph's revenue has declined by 25.3%, moving from $101K to $76K. Total assets decreased by 90.7% over the same period, from $60K to $6K. Total functional expenses rose by 2.9%, from $86K to $88K. In its most recent filing year (2023), Beacon Of Hope Foundation Ph reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $88K | $6K | $0 | — | — |
| 2022 | $61K | $75K | $18K | $0 | — | — |
| 2020 | $68K | $49K | $14K | $0 | — | View 990 |
| 2019 | $43K | $49K | $33K | $0 | — | View 990 |
| 2018 | $36K | $51K | $40K | $0 | — | View 990 |
| 2017 | $42K | $28K | $55K | $0 | — | View 990 |
| 2016 | $50K | $65K | $49K | $0 | — | View 990 |
| 2015 | $93K | $78K | $64K | $0 | — | View 990 |
| 2014 | $93K | $107K | $49K | $0 | — | View 990 |
| 2013 | $105K | $89K | $62K | $0 | — | View 990 |
| 2012 | $84K | $97K | $46K | $0 | — | View 990 |
| 2011 | $101K | $86K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $88K, and assets of $6K (revenue +23.1% year-over-year).
- 2022: Revenue of $61K, expenses of $75K, and assets of $18K (revenue -9.4% year-over-year).
- 2020: Revenue of $68K, expenses of $49K, and assets of $14K (revenue +58.8% year-over-year).
- 2019: Revenue of $43K, expenses of $49K, and assets of $33K (revenue +17.9% year-over-year).
- 2018: Revenue of $36K, expenses of $51K, and assets of $40K (revenue -12.9% year-over-year).
- 2017: Revenue of $42K, expenses of $28K, and assets of $55K (revenue -17.7% year-over-year).
- 2016: Revenue of $50K, expenses of $65K, and assets of $49K (revenue -45.9% year-over-year).
- 2015: Revenue of $93K, expenses of $78K, and assets of $64K (revenue +0.3% year-over-year).
- 2014: Revenue of $93K, expenses of $107K, and assets of $49K (revenue -11.0% year-over-year).
- 2013: Revenue of $105K, expenses of $89K, and assets of $62K (revenue +24.5% year-over-year).
- 2012: Revenue of $84K, expenses of $97K, and assets of $46K (revenue -17.1% year-over-year).
- 2011: Revenue of $101K, expenses of $86K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beacon Of Hope Foundation Ph:
Data Sources and Methodology
This transparency report for Beacon Of Hope Foundation Ph 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.