P โ€” Human ServicesEIN: 854065871ยท Ruling Year: 2022

Beacon Foundation

Warwick, Rhode Island

A-Health Score
75A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$808K
Total Revenue
๐Ÿ“Š
$177K
Total Expenses
๐Ÿฆ
$4.2M
Net Assets
๐Ÿ“‹
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+78.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
23.49
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$807,606โ†“22%$177,121โ†‘34%$4,160,164โ†‘26%
2022$1,041,356โ†‘1746%$132,153$3,295,103โ†‘24%
2021$56,402โ†“98%$131,762$2,654,348โ†‘6%
2020$2,500,000$0$2,500,000

Frequently Asked Questions

What does Beacon Foundation do?โ–ผ

Beacon Foundation is a human services nonprofit organization based in Rhode Island. It is classified under NTEE code P12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Beacon Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Beacon Foundation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Beacon Foundation generate?โ–ผ

Revenue data for Beacon Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Beacon Foundation โ€” Warwick, RI | GiveScope