Beehive Educational Services
Beehive Educational Services shows significant revenue and asset growth, with no reported officer compensation.
EIN: 200912672 · Sandy, UT · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.4M |
| Total Expenses | $8.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $2.3M |
| Transparency Score | 75/100 |
Is Beehive Educational Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beehive Educational Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beehive Educational Services
Beehive Educational Services (EIN: 200912672) is a nonprofit organization based in Sandy, UT, classified under NTEE code B29. The organization reported total revenue of $11.4M and total assets of $31.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beehive Educational Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beehive Educational Services is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.8M |
| Total Expenses | $8.9M |
| Surplus / Deficit | +$962K |
| Total Assets | $30.8M |
| Total Liabilities | $28.5M |
| Net Assets | $2.3M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 92.4% |
| Months of Reserves | 41.8 months |
Financial Health Grade: A
In 2024, Beehive Educational Services reported a surplus of $962K with revenue exceeding expenses, holds 41.8 months of operating reserves (strong position), has a debt-to-asset ratio of 92.4% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Beehive Educational Services's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +33.7% | +32.9% | +4.7% |
| 2023 | +99.2% | +38.3% | +0.7% |
| 2022 | +7.5% | +65.0% | +1176.9% |
| 2021 | +13.9% | +7.6% | +39.0% |
| 2020 | +5.7% | +3.2% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Beehive Educational Services with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Beehive Educational Services allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $962K, with revenue exceeding expenses.
- Debt-to-asset ratio: 92.4%.
Executive Compensation Analysis
Beehive Educational Services consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with over $11 million in annual revenue and significant assets. This raises questions about how executive leadership is compensated or if compensation is reported under different 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 Beehive Educational Services's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size.
- High liabilities relative to assets in recent years, indicating significant debt or obligations.
- Lack of detailed explanation for the substantial increase in assets and liabilities between 2021 and 2022 in the provided data.
Strengths
The following positive indicators were identified for Beehive Educational Services:
- Strong and consistent revenue growth, from $2.0M in 2015 to over $11.3M currently.
- Significant asset growth, indicating expansion and increased capacity.
- Generally positive net income trend, suggesting financial sustainability.
- Apparent strong program spending based on typical nonprofit benchmarks for educational services.
Frequently Asked Questions about Beehive Educational Services
Is Beehive Educational Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Beehive Educational Services (EIN: 200912672) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Beehive Educational Services spend its money?
Beehive Educational Services directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Beehive Educational Services tax-deductible?
Beehive Educational Services is registered as a tax-exempt nonprofit (EIN: 200912672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Beehive Educational Services CEO make?
Beehive Educational Services's highest-compensated officer earns $11 annually. The organization reported $11.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Beehive Educational Services's spending goes to programs?
Beehive Educational Services directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Beehive Educational Services compare to similar nonprofits?
With a transparency score of 75/100 (Good), Beehive Educational Services is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beehive Educational Services located?
Beehive Educational Services is headquartered in Sandy, Utah and files with the IRS under EIN 200912672. It is classified under NTEE code B29.
How many years of IRS 990 filings does Beehive Educational Services have?
Beehive Educational Services 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 $11.4M in total revenue.
Why is officer compensation consistently reported as 0% across all filings, despite significant organizational growth?
The consistent reporting of 0% officer compensation is atypical for an organization of Beehive Educational Services' size and revenue. This could indicate that executive compensation is being reported under different expense categories, that key leadership roles are filled by volunteers, or that the organization has a unique compensation structure that is not clearly reflected in the 'Officer Comp' field of the 990.
What caused the dramatic increase in assets and liabilities between the 202106 and 202206 periods?
Between 202106 and 202206, assets jumped from $2,289,069 to $29,229,746, and liabilities from $450,403 to $28,521,010. This significant increase suggests a major capital event, such as the acquisition of property, plant, and equipment, or a substantial debt financing initiative, likely for expansion or new program development.
How does Beehive Educational Services manage its high level of liabilities relative to its assets?
In recent periods, liabilities have been very close to total assets (e.g., $28,468,114 liabilities vs. $30,816,937 assets in 202406). This indicates a high reliance on debt or other obligations. Understanding the nature of these liabilities (e.g., mortgages, program-related investments, or other long-term debt) is crucial for assessing the organization's long-term financial stability and risk profile.
Filing History
IRS 990 filing history for Beehive Educational Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Beehive Educational Services's revenue has grown by 589.3%, moving from $1.4M to $9.8M. Total assets increased by 10122.7% over the same period, from $301K to $30.8M. Total functional expenses rose by 537.4%, from $1.4M to $8.9M. In its most recent filing year (2024), Beehive Educational Services reported a surplus of $962K, with revenue exceeding expenses. The organization holds $28.5M in liabilities against $30.8M in assets (debt-to-asset ratio: 92.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9.8M | $8.9M | $30.8M | $28.5M | — | View 990 |
| 2023 | $7.3M | $6.7M | $29.4M | $28.0M | — | View 990 |
| 2022 | $3.7M | $4.8M | $29.2M | $28.5M | — | View 990 |
| 2021 | $3.4M | $2.9M | $2.3M | $450K | — | View 990 |
| 2020 | $3.0M | $2.7M | $1.6M | $460K | — | View 990 |
| 2019 | $2.8M | $2.6M | $1.3M | $452K | — | View 990 |
| 2018 | $2.8M | $2.5M | $1.2M | $556K | — | View 990 |
| 2017 | $2.4M | $2.3M | $916K | $589K | — | View 990 |
| 2016 | $2.3M | $2.2M | $796K | $612K | — | View 990 |
| 2015 | $2.0M | $2.1M | $696K | $656K | — | View 990 |
| 2014 | $2.2M | $2.0M | $769K | $697K | — | View 990 |
| 2013 | $1.6M | $1.6M | $328K | $455K | — | View 990 |
| 2012 | $1.4M | $1.4M | $301K | $418K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9.8M, expenses of $8.9M, and assets of $30.8M (revenue +33.7% year-over-year).
- 2023: Revenue of $7.3M, expenses of $6.7M, and assets of $29.4M (revenue +99.2% year-over-year).
- 2022: Revenue of $3.7M, expenses of $4.8M, and assets of $29.2M (revenue +7.5% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.9M, and assets of $2.3M (revenue +13.9% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.7M, and assets of $1.6M (revenue +5.7% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.6M, and assets of $1.3M (revenue +0.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.5M, and assets of $1.2M (revenue +17.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.3M, and assets of $916K (revenue +5.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $796K (revenue +13.4% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $696K (revenue -8.5% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.0M, and assets of $769K (revenue +39.9% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $328K (revenue +11.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $301K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beehive Educational Services:
Data Sources and Methodology
This transparency report for Beehive Educational Services 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.