L โ€” Housing & ShelterEIN: 061694292ยท Ruling Year: 2003

Beacon Project

Islesboro, Maine

A-Health Score
78A-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Very Good

๐Ÿ’ฐ
$972K
Total Revenue
๐Ÿ“Š
$820K
Total Expenses
๐Ÿฆ
$2.8M
Net Assets
๐Ÿ“‹
$96K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+15.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.47
Net assets divided by total expenses
Liabilities-to-Assets
3.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$971,518โ†‘21%$819,872โ†“2%$2,944,554โ†‘8%
2022$800,761โ†“9%$837,512โ†‘19%$2,720,120โ†“13%
2021$879,536โ†‘85%$701,583โ†‘5%$3,141,221โ†‘19%
2020$475,370โ†“34%$670,339โ†‘15%$2,640,823โ†‘2%
2019$725,710โ†“43%$584,750โ†‘1%$2,599,406โ†‘6%
2018$1,273,349โ†‘90%$581,009โ†‘1%$2,447,285โ†‘40%
2017$669,996โ†‘19%$575,662โ†‘5%$1,750,297โ†‘10%
2016$562,280โ†“12%$547,978โ†“7%$1,595,481
2015$641,331โ†‘14%$587,655โ†‘21%$1,591,435โ†‘1%
2014$564,797โ†“24%$486,141โ†‘20%$1,574,598โ†‘10%
2013$740,326โ†‘51%$405,413โ†‘8%$1,429,623โ†‘32%
2012$491,811โ†‘18%$374,668โ†‘2%$1,083,313โ†‘14%
2011$416,819$367,613$952,625

Frequently Asked Questions

What does Beacon Project do?โ–ผ

Beacon Project is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Beacon Project financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Beacon Project.

How much revenue does Beacon Project generate?โ–ผ

Beacon Project reports $956K in annual revenue and holds $3.1M in total assets, based on IRS filings.

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Beacon Project โ€” Islesboro, ME | GiveScope