Beaman Health Benefit Plan Trust
EIN: 581776160 · Nashville, TN
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $3.4M |
| Net Assets | $97K |
Is Beaman Health Benefit Plan Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beaman Health Benefit Plan Trust
Beaman Health Benefit Plan Trust (EIN: 581776160) is a nonprofit organization based in Nashville, TN. The organization reported total revenue of $3.4M and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beaman Health Benefit Plan Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beaman Health Benefit Plan Trust is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-93,697 |
| Total Assets | $97K |
| Net Assets | $97K |
| Operating Margin | -2.8% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2020, Beaman Health Benefit Plan Trust reported a deficit of $94K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Beaman Health Benefit Plan Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -15.6% | -14.3% | -49.1% |
| 2019 | +16.6% | +15.1% | -20.8% |
| 2018 | +11.1% | +25.7% | -26.5% |
| 2017 | +28.0% | +9.6% | +708.9% |
| 2016 | +10.3% | +16.7% | -77.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beaman Health Benefit Plan Trust 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 Beaman Health Benefit Plan Trust 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
Frequently Asked Questions about Beaman Health Benefit Plan Trust
Is Beaman Health Benefit Plan Trust a legitimate charity?
Beaman Health Benefit Plan Trust (EIN: 581776160) is a registered tax-exempt nonprofit based in Tennessee. It has 10 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. Financial health grade: C.
How does Beaman Health Benefit Plan Trust spend its money?
Beaman Health Benefit Plan Trust reported $3.4M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Beaman Health Benefit Plan Trust tax-deductible?
Beaman Health Benefit Plan Trust is registered as a tax-exempt nonprofit (EIN: 581776160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beaman Health Benefit Plan Trust located?
Beaman Health Benefit Plan Trust is headquartered in Nashville, Tennessee and files with the IRS under EIN 581776160.
How many years of IRS 990 filings does Beaman Health Benefit Plan Trust have?
Beaman Health Benefit Plan Trust has 10 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for Beaman Health Benefit Plan Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Beaman Health Benefit Plan Trust's revenue has grown by 148.5%, moving from $1.3M to $3.4M. Total assets decreased by 44.9% over the same period, from $176K to $97K. Total functional expenses rose by 152.1%, from $1.4M to $3.4M. In its most recent filing year (2020), Beaman Health Benefit Plan Trust reported a deficit of $94K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $3.4M | $3.4M | $97K | $0 | — | View 990 |
| 2019 | $4.0M | $4.0M | $191K | $0 | — | View 990 |
| 2018 | $3.4M | $3.5M | $241K | $0 | — | View 990 |
| 2017 | $3.1M | $2.8M | $328K | $0 | — | View 990 |
| 2016 | $2.4M | $2.5M | $41K | $0 | — | View 990 |
| 2015 | $2.2M | $2.2M | $180K | $0 | — | View 990 |
| 2014 | $1.9M | $1.8M | $178K | $0 | — | View 990 |
| 2013 | $1.6M | $1.6M | $134K | $0 | — | View 990 |
| 2012 | $1.6M | $1.6M | $188K | $0 | — | View 990 |
| 2011 | $1.3M | $1.4M | $176K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3.4M, expenses of $3.4M, and assets of $97K (revenue -15.6% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.0M, and assets of $191K (revenue +16.6% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.5M, and assets of $241K (revenue +11.1% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.8M, and assets of $328K (revenue +28.0% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.5M, and assets of $41K (revenue +10.3% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.2M, and assets of $180K (revenue +17.2% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $178K (revenue +16.3% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $134K (revenue -1.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.6M, and assets of $188K (revenue +20.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beaman Health Benefit Plan Trust:
Data Sources and Methodology
This transparency report for Beaman Health Benefit Plan Trust 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.