Beacon Of Hope Ministries Inc
Small Arizona nonprofit shows fluctuating financial health with zero officer compensation.
EIN: 205910520 · Casa Grande, AZ · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $25K |
| Program Spending | 70% |
| Net Assets | $4K |
| Transparency Score | 65/100 |
Is Beacon Of Hope Ministries Inc 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 Ministries Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Beacon Of Hope Ministries Inc
Beacon Of Hope Ministries Inc (EIN: 205910520) is a nonprofit organization based in Casa Grande, AZ, classified under NTEE code X20. The organization reported total revenue of $28K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beacon Of Hope Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beacon Of Hope Ministries Inc is a micro nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2016–2019). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $25K |
| Surplus / Deficit | +$4K |
| Total Assets | $4K |
| Net Assets | $4K |
| Operating Margin | 13.3% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2019, Beacon Of Hope Ministries Inc reported a surplus of $4K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2016–2019), Beacon Of Hope Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +1.5% | -20.4% | +209.7% |
| 2018 | +16.8% | +13.9% | -68.6% |
| 2017 | -13.5% | +58.5% | -63.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2016 |
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 Ministries Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Beacon Of Hope Ministries Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings (2016-2019), indicating that no salaries or other compensation were paid to officers, directors, trustees, or key employees, which is highly unusual for an organization, even a small one, and suggests a volunteer-led structure or that compensation is reported elsewhere.
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 Ministries Inc's IRS 990 filings:
- Expenses exceeded revenue in two out of four reported periods (2017 and 2018), indicating potential financial instability.
- Limited financial detail available due to 990-EZ filing, making in-depth analysis of spending efficiency difficult.
- Significant fluctuation in assets, from $11,813 in 2016 to $1,360 in 2018, before a slight recovery to $4,212 in 2019.
Strengths
The following positive indicators were identified for Beacon Of Hope Ministries Inc:
- Consistent reporting of 0% officer compensation across all filings (2016-2019), suggesting a volunteer-driven model or highly efficient executive cost management.
- No reported liabilities in the latest filing (2019) and in 2016, indicating a debt-free position in those years.
- Consistent filing of IRS 990-EZ forms, demonstrating compliance and basic transparency.
Frequently Asked Questions about Beacon Of Hope Ministries Inc
Is Beacon Of Hope Ministries Inc a legitimate charity?
Beacon Of Hope Ministries Inc (EIN: 205910520) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 65/100. It has 4 years of IRS 990 filings on record. Total revenue: $28K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Beacon Of Hope Ministries Inc spend its money?
Beacon Of Hope Ministries Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Beacon Of Hope Ministries Inc tax-deductible?
Beacon Of Hope Ministries Inc is registered as a tax-exempt nonprofit (EIN: 205910520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Beacon Of Hope Ministries Inc's spending goes to programs?
Beacon Of Hope Ministries Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Beacon Of Hope Ministries Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Beacon Of Hope Ministries Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beacon Of Hope Ministries Inc located?
Beacon Of Hope Ministries Inc is headquartered in Casa Grande, Arizona and files with the IRS under EIN 205910520. It is classified under NTEE code X20.
How many years of IRS 990 filings does Beacon Of Hope Ministries Inc have?
Beacon Of Hope Ministries Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $28K in total revenue.
How does Beacon Of Hope Ministries Inc cover expenses when revenue is lower, as seen in 2017 and 2018?
In 2017, expenses ($27,185) exceeded revenue ($24,001) by $3,184, and in 2018, expenses ($30,955) exceeded revenue ($28,024) by $2,931. This suggests the organization either drew from prior year surpluses, incurred short-term debt (though liabilities were low or zero in other years), or received non-cash contributions not fully reflected in revenue.
What specific programs does Beacon Of Hope Ministries Inc operate with its limited budget?
The IRS 990-EZ filings do not provide detailed program descriptions or expense breakdowns, making it impossible to identify specific programs or their associated costs from the provided data.
Is the organization sustainable given its fluctuating assets and revenue?
The organization's assets have varied significantly, from $11,813 in 2016 to $1,360 in 2018, and revenue has remained relatively flat around $24,000-$28,000. While it has maintained operations, the fluctuations and periods of deficit spending suggest a need for consistent funding or careful financial management to ensure long-term sustainability.
Filing History
IRS 990 filing history for Beacon Of Hope Ministries Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2016–2019), Beacon Of Hope Ministries Inc's revenue has grown by 2.5%, moving from $28K to $28K. Total assets decreased by 64.3% over the same period, from $12K to $4K. Total functional expenses rose by 43.7%, from $17K to $25K. In its most recent filing year (2019), Beacon Of Hope Ministries Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $28K | $25K | $4K | $0 | — | View 990 |
| 2018 | $28K | $31K | $1K | $940 | — | View 990 |
| 2017 | $24K | $27K | $4K | $3K | — | View 990 |
| 2016 | $28K | $17K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $28K, expenses of $25K, and assets of $4K (revenue +1.5% year-over-year).
- 2018: Revenue of $28K, expenses of $31K, and assets of $1K (revenue +16.8% year-over-year).
- 2017: Revenue of $24K, expenses of $27K, and assets of $4K (revenue -13.5% year-over-year).
- 2016: Revenue of $28K, expenses of $17K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beacon Of Hope Ministries Inc:
Data Sources and Methodology
This transparency report for Beacon Of Hope Ministries Inc 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.