Beacon Of Life
EIN: 421253088 · Des Moines, IA · NTEE: L410
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $678K |
| Net Assets | $958K |
Is Beacon Of Life Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beacon Of Life
Beacon Of Life (EIN: 421253088) is a nonprofit organization based in Des Moines, IA, classified under NTEE code L410. The organization reported total revenue of $1.4M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beacon Of Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beacon Of Life is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $591K |
| Total Expenses | $678K |
| Surplus / Deficit | $-87,214 |
| Total Assets | $979K |
| Total Liabilities | $21K |
| Net Assets | $958K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2023, Beacon Of Life reported a deficit of $87K with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Beacon Of Life's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.6% | +34.5% | -5.6% |
| 2022 | -9.5% | -5.4% | -19.1% |
| 2021 | -10.8% | -7.3% | +5.4% |
| 2020 | -52.1% | +12.0% | -5.7% |
| 2019 | +69.7% | +17.7% | +70.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beacon Of Life has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beacon Of Life with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Beacon Of Life
Is Beacon Of Life a legitimate charity?
Beacon Of Life (EIN: 421253088) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Beacon Of Life spend its money?
Beacon Of Life reported $1.4M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beacon Of Life tax-deductible?
Beacon Of Life is registered as a tax-exempt nonprofit (EIN: 421253088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beacon Of Life located?
Beacon Of Life is headquartered in Des Moines, Iowa and files with the IRS under EIN 421253088. It is classified under NTEE code L410.
How many years of IRS 990 filings does Beacon Of Life have?
Beacon Of Life 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Beacon Of Life showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Beacon Of Life's revenue has declined by 6.2%, moving from $630K to $591K. Total assets increased by 136.9% over the same period, from $413K to $979K. Total functional expenses rose by 11.9%, from $606K to $678K. In its most recent filing year (2023), Beacon Of Life reported a deficit of $87K, with expenses exceeding revenue. The organization holds $21K in liabilities against $979K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $958K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $591K | $678K | $979K | $21K | — | View 990 |
| 2022 | $406K | $504K | $1.0M | $25K | — | View 990 |
| 2021 | $448K | $533K | $1.3M | $93K | — | — |
| 2020 | $502K | $575K | $1.2M | $98K | — | View 990 |
| 2019 | $1.0M | $514K | $1.3M | $49K | — | View 990 |
| 2018 | $618K | $437K | $756K | $86K | — | View 990 |
| 2017 | $521K | $425K | $626K | $137K | — | View 990 |
| 2016 | $462K | $436K | $506K | $113K | — | View 990 |
| 2015 | $493K | $408K | $460K | $93K | — | View 990 |
| 2014 | $519K | $423K | $396K | $113K | — | View 990 |
| 2013 | $612K | $639K | $369K | $186K | — | View 990 |
| 2012 | $524K | $568K | $407K | $197K | — | View 990 |
| 2011 | $630K | $606K | $413K | $158K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $591K, expenses of $678K, and assets of $979K (revenue +45.6% year-over-year).
- 2022: Revenue of $406K, expenses of $504K, and assets of $1.0M (revenue -9.5% year-over-year).
- 2021: Revenue of $448K, expenses of $533K, and assets of $1.3M (revenue -10.8% year-over-year).
- 2020: Revenue of $502K, expenses of $575K, and assets of $1.2M (revenue -52.1% year-over-year).
- 2019: Revenue of $1.0M, expenses of $514K, and assets of $1.3M (revenue +69.7% year-over-year).
- 2018: Revenue of $618K, expenses of $437K, and assets of $756K (revenue +18.5% year-over-year).
- 2017: Revenue of $521K, expenses of $425K, and assets of $626K (revenue +12.7% year-over-year).
- 2016: Revenue of $462K, expenses of $436K, and assets of $506K (revenue -6.2% year-over-year).
- 2015: Revenue of $493K, expenses of $408K, and assets of $460K (revenue -5.0% year-over-year).
- 2014: Revenue of $519K, expenses of $423K, and assets of $396K (revenue -15.2% year-over-year).
- 2013: Revenue of $612K, expenses of $639K, and assets of $369K (revenue +16.9% year-over-year).
- 2012: Revenue of $524K, expenses of $568K, and assets of $407K (revenue -16.9% year-over-year).
- 2011: Revenue of $630K, expenses of $606K, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beacon Of Life:
Data Sources and Methodology
This transparency report for Beacon Of Life 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.