BEACON COLLEGE INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BEACON COLLEGE INC (EIN 59-2961536)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-16
- IRS object ID
- 202141369349300039
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-16T12:04:35-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH ORANGE AVENUE SUITE 500 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592961536 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEACON COLLEGE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEAC | BusinessNameControlTxt |
| Phone | 3527877660 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 EAST MAIN STREET | AddressLine1Txt |
| City | LEESBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34748 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR GEORGE HAGERTY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3527877660 | PhoneNum |
| Signature | 2021-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY CHAPMAN | PreparerPersonNm |
| PTIN | P00843460 | PTIN |
| Phone | 4078021200 | PhoneNum |
| Preparation | 2021-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR GEORGE HAGERTY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 EAST MAIN STREET | AddressLine1Txt |
| City | LEESBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34748 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,308,970 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BEACONCOLLEGE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | BEACON COLLEGE, A FOUR-YEAR ACCREDITED COLLEGE, SERVES STUDENTS WITH LEARNING DISABILITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 288 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,459,899 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,769,297 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,296,747 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $21,025,786 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,170 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,403 | CYInvestmentIncomeAmt |
| PY Other Revenue | $130,362 | PYOtherRevenueAmt |
| CY Other Revenue | $110,467 | CYOtherRevenueAmt |
| PY Total Revenue | $21,902,178 | PYTotalRevenueAmt |
| CY Total Revenue | $23,924,953 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,973,494 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,518,325 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,435,598 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,672,644 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $244,800 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $58,825 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $300,164 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,464,806 | PYOtherExpensesAmt |
| CY Other Expenses | $8,249,647 | CYOtherExpensesAmt |
| PY Total Expenses | $21,118,698 | PYTotalExpensesAmt |
| CY Total Expenses | $22,499,441 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $783,480 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,425,512 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $28,213,697 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,665,092 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,324,443 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,567,028 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,889,254 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,098,064 | NetAssetsOrFundBalancesEOYAmt |
| Mission | BEACON COLLEGE, A FOUR-YEAR ACCREDITED COLLEGE, SERVES STUDENTS WITH LEARNING DISABILITIES, ADHD, AND OTHER LEARNING DIFFERENCES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,773,532 | ExpenseAmt |
| Grant | $4,518,325 | GrantAmt |
| Revenue | $21,143,973 | RevenueAmt |
| Desc | BEACON WAS FOUNDED BY PARENTS IN ORDER TO MAKE A SUPERIOR HIGHER EDUCATION ACCESSIBLE TO STUDENTS WITH LEARNING DIFFERENCES. WHEN ESTABLISHED IN 1989, THE COLLEGE WAS GRANTED THE APPROVAL OF THE FLORIDA DEPARTMENT OF EDUCATION TO OFFER A FOCUSED LIBERAL ARTS-BASED CURRICULUM ALIGNED SPECIFICALLY TO THE LEARNING STYLES, SPECIALIZED INSTRUCTIONAL AND LIFESTYLE DEVELOPMENT NEEDS OF THESE STUDENTS. BEACON IS A FULLY ACCREDITATED FOUR-YEAR PRIVATE LIBERAL ARTS COLLEGE FOR STUDENTS SEEKING BACHELORS DEGREE. | Desc |
| Total Program Service Expenses | $18,773,532 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 53 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 288 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIAN COBB | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3527877660 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 105 EAST MAIN STREET | AddressLine1Txt |
| City | LEESBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34748 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| DR GEORGE J HAGERTY | ||||||
| PRESIDENT | 40.00 | Yes (X) | $316,117 | $0 | $55,852 | |
| JAMES OTIS VANCE | ||||||
| VP OF FINANCE & ADMINISTRA | 40.00 | Yes (X) | $152,871 | $0 | $18,317 | |
| DR SHELLY CHANDLER | ||||||
| PROVOST | 40.00 | Yes (X) | $152,259 | $0 | $18,717 | |
| DALE HEROLD | ||||||
| VP OF ADMISSIONS & ENROLLM | 40.00 | Yes (X) | $139,710 | $0 | $18,317 | |
| DR DANIEL AVERBECK | ||||||
| BOARD CHAIR | 8.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SARAH FLANAGAN | ||||||
| BOARD VICE CHAIR | 6.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| HUGH W THOMPSON III | ||||||
| BOARD SECRETARY/TREASURER | 6.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DEBBIE RESNICK | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| DR JAY YADAV | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| DR POLA ROSEN | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| ALFRED MOFFETT | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| JOHN R GILL | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| JONATHAN CHERRY | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| NANCY D JUDGE | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| SHELDON H HOROWITZ | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| MARK GRIFFIN | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| CHARO UCEDA | ||||||
| TRUSTEE | 4.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $760,957 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $111,203 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| PO BOX 360170 | PITTSBURGH | PA | 15251 | FACILITIES MGMT & DINING SERVICES | $2,332,409 |
| CONVERGENT NONPROFIT SOLUTIONS LLC | |||||
| 520 SHERITAN WAY | MSMYRNA | GA | 30082 | CAPITAL CAMPAIGN MGMT SERVICES | $246,248 |
| RC BRAYSHAW & CO | |||||
| 45 WATERLOO ST | WARNER | NH | 03278 | MARKETING CAMPAIGN & PRINTING SERVICES | $199,634 |
| JACOB P SMITH BUILDING CO | |||||
| 1737 LAKE TERRACE DR | EUSTIS | FL | 32726 | CONSTRUCTION SERVICES | $196,536 |
| SHUMAKE ARCHITECTURE PA | |||||
| 2907 W BAY TO BAY BLVD STE 210 | TAMPA | FL | 33629 | ARCHITECTURAL SERVICES | $165,729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $20,826 | FundraisingAmt |
| Government Grants | $1,735,715 | GovernmentGrantsAmt |
| All Other Contributions | $1,012,756 | AllOtherContributionsAmt |
| Noncash Contributions | $62,874 | NoncashContributionsAmt |
| Total Contributions | $2,769,297 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611310 | $16,124,790 | $16,124,790 |
| ROOM AND BOARD FEES | 611310 | $4,166,190 | $4,166,190 |
| STUDENT SERVICE FEES | 611310 | $456,206 | $456,206 |
| SUMMER FOR SUCCESS FEE | 611310 | $278,600 | $278,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $21,025,786 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,250 | TotalRevenueColumnAmt |
| Exclusion | $26,250 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,400 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,400 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,400 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,400 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $161,633 | SecuritiesAmt |
| Other | $300 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $168,780 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$7,147 | SecuritiesAmt |
| Other | $300 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,847 | TotalRevenueColumnAmt |
| Exclusion | -$6,847 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $32,174 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $20,826 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $39,894 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$7,720 | TotalRevenueColumnAmt |
| Exclusion | -$7,720 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $197,328 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $175,343 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,985 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,985 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $91,802 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,802 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $91,802 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,924,953 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,143,973 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,683 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,488,209 | TotalAmt |
| Program Services | $4,488,209 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,116 | TotalAmt |
| Program Services | $30,116 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $855,120 | TotalAmt |
| Program Services | $166,620 | ProgramServicesAmt |
| Management And General | $580,485 | ManagementAndGeneralAmt |
| Fundraising | $108,015 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,844,022 | TotalAmt |
| Program Services | $5,893,352 | ProgramServicesAmt |
| Management And General | $917,642 | ManagementAndGeneralAmt |
| Fundraising | $33,028 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,802 | TotalAmt |
| Program Services | $223,552 | ProgramServicesAmt |
| Management And General | $125,250 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,094,286 | TotalAmt |
| Program Services | $795,544 | ProgramServicesAmt |
| Management And General | $298,742 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,414 | TotalAmt |
| Program Services | $421,733 | ProgramServicesAmt |
| Management And General | $99,227 | ManagementAndGeneralAmt |
| Fundraising | $9,454 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,333 | TotalAmt |
| Management And General | $63,333 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,531 | TotalAmt |
| Management And General | $64,531 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,210 | TotalAmt |
| Management And General | $84,210 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,825 | TotalAmt |
| Fundraising | $58,825 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,511,826 | TotalAmt |
| Program Services | $2,341,522 | ProgramServicesAmt |
| Management And General | $168,016 | ManagementAndGeneralAmt |
| Fundraising | $2,288 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,470 | TotalAmt |
| Program Services | $293,966 | ProgramServicesAmt |
| Management And General | $69,594 | ManagementAndGeneralAmt |
| Fundraising | $13,910 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,020 | TotalAmt |
| Program Services | $16,538 | ProgramServicesAmt |
| Management And General | $220,754 | ManagementAndGeneralAmt |
| Fundraising | $15,728 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,644 | TotalAmt |
| Program Services | $161,354 | ProgramServicesAmt |
| Management And General | $27,096 | ManagementAndGeneralAmt |
| Fundraising | $194 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,453,966 | TotalAmt |
| Program Services | $1,334,035 | ProgramServicesAmt |
| Management And General | $119,669 | ManagementAndGeneralAmt |
| Fundraising | $262 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,149 | TotalAmt |
| Program Services | $182,710 | ProgramServicesAmt |
| Management And General | $81,681 | ManagementAndGeneralAmt |
| Fundraising | $28,758 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,946 | TotalAmt |
| Program Services | $128,192 | ProgramServicesAmt |
| Management And General | $60,032 | ManagementAndGeneralAmt |
| Fundraising | $722 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,808 | TotalAmt |
| Program Services | $362,333 | ProgramServicesAmt |
| Management And General | $41,475 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $949,622 | TotalAmt |
| Program Services | $858,242 | ProgramServicesAmt |
| Management And General | $91,380 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,504 | TotalAmt |
| Program Services | $330,637 | ProgramServicesAmt |
| Management And General | $19,867 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SPECIAL EVENTS | $521,127 | $372,524 | $148,603 | |
| OPERATING SUPPLIES | $322,145 | $251,353 | $45,944 | $24,848 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,346 | TotalAmt |
| Program Services | $121,000 | ProgramServicesAmt |
| Management And General | $98,214 | ManagementAndGeneralAmt |
| Fundraising | $4,132 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,499,441 | TotalAmt |
| Program Services | $18,773,532 | ProgramServicesAmt |
| Management And General | $3,425,745 | ManagementAndGeneralAmt |
| Fundraising | $300,164 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $671,420 | BOYAmt |
| EOY | $2,032,490 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,546,819 | BOYAmt |
| EOY | $1,803,428 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $915,952 | BOYAmt |
| EOY | $416,903 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $802,732 | BOYAmt |
| EOY | $591,467 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,634 | BOYAmt |
| EOY | $38,286 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,629 | BOYAmt |
| EOY | $186,226 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $29,756,315 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,678,758 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,850,572 | BOYAmt |
| EOY | $23,077,557 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,590 | BOYAmt |
| EOY | $1,321,534 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $917,686 | BOYAmt |
| EOY | $160,297 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,663 | BOYAmt |
| EOY | $36,904 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,213,697 | BOYAmt |
| EOY | $29,665,092 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,698,019 | BOYAmt |
| EOY | $1,372,875 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,858,997 | BOYAmt |
| EOY | $1,656,955 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,111,895 | BOYAmt |
| EOY | $16,880,506 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $468,591 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $377,734 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $655,532 | BOYAmt |
| EOY | $810,367 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,324,443 | BOYAmt |
| EOY | $21,567,028 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,157,337 | BOYAmt |
| EOY | $6,976,007 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,731,917 | BOYAmt |
| EOY | $1,122,057 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,889,254 | BOYAmt |
| EOY | $8,098,064 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,213,697 | BOYAmt |
| EOY | $29,665,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,425,512 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$11,652 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$205,050 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $105 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $105 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 11I | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAID MEMBERSHIP DUES TO NAICU THAT ENGAGES IN LOBBYING ACTIVITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $100,811 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$2,254 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $98,557 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $92,436 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $8,375 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $100,811 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $83,990 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $8,446 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $92,436 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $74,955 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $9,035 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $83,990 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $73,210 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,745 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $74,955 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,708,315 | OtherCostOrOtherBasisAmt |
| Book Value | $2,708,315 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,916,670 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,814,654 | DepreciationAmt |
| Book Value | $13,102,016 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,054,819 | OtherCostOrOtherBasisAmt |
| Depreciation | $442,475 | DepreciationAmt |
| Book Value | $1,612,344 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,420,965 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,816,994 | DepreciationAmt |
| Book Value | $603,971 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,655,546 | OtherCostOrOtherBasisAmt |
| Depreciation | $604,635 | DepreciationAmt |
| Book Value | $5,050,911 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $23,077,557 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE OBLIGATION | $10,367 |
| LINE OF CREDIT - AMERIS BANK | $800,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $810,367 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,468,063 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$11,652 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $7,900 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $175,343 | OtherRevenueAmt |
| Revenue Not Reported | $171,591 | RevenueNotReportedAmt |
| Revenue Subtotal | $19,296,472 | RevenueSubtotalAmt |
| Other Revenues Not Included | $4,628,481 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,628,481 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,924,953 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,259,253 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $7,900 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $270,237 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $278,137 | ExpensesNotReportedAmt |
| Expenses Subtotal | $17,981,116 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,518,325 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,518,325 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,499,441 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | COLLECTION ITEMS CONSIST OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, CARED FOR, AND KEPT UNENCUMBERED. ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. |
| PART V, LINE 4: | THE ORGANIZATION INTENDS TO USE ITS ENDOWMENTS TO PROVIDE FUNDS FOR FUTURE SCHOLARSHIPS. |
| PART X, LINE 2: | THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AND HAS NOT RECORDED ANY OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD REPORTED ON THE REVENUE PAGE 175,343. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND GRANTS NETTED AGAINST TUITION REVENUE 4,518,325. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 50. DIRECT FUNDRAISING EVENT EXPENSES -39,894. PRIOR YEAR UNCOLLECTIBLE PLEDGE WRITTEN OFF IN CURRENT YEAR 150,000. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD REPORTED ON THE REVENUE PAGE 175,343. DIRECT FUNDRAISING EVENT EXPENSES 39,894. BAD DEBTS - PLEDGE 55,000. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND GRANTS NETTED AGAINST TUITION REVENUE 4,518,325. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | BEACON COLLEGE'S POLICY IS STATED IN ALL ADVERTISING/NEWS RELEASES AT THE START OF THE SCHOOL YEAR. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | BEACON COLLEGE RECEIVES FLORIDA TUITION ASSITANCE AND IT HAS NEVER HAD ITS RIGHT TO FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY REVOKED. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 2 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | THE BEACON IN TUSCANY PROGRAM IS A ONE SEMESTER STUDY ABROAD OPPORTUNITY OFFERED TO CURRENT BEACON COLLEGE STUDENTS. STUDENTS TAKE A NORMAL COURSE LOAD OF CLASSES WHICH ARE TAUGHT BY BEACON FACULTY TEMPORARILY ON ASSIGNMENT IN ITALY. STUDENTS ARE ALSO TAKEN ON EDUCATIONAL FIELD TRIPS TO VARIOUS CITIES IN ITALY. | SpecificServicesProvidedTxt |
| Region Total Expenditures | $225,777 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 2 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Subtotal Spent | $225,777 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $225,777 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | SCHOLARSHIPS | TypeOfAssistanceTxt |
| Region | SCHOLARSHIPS | RegionTxt |
| Recipient | 6 | RecipientCnt |
| Cash Grant | $30,116 | CashGrantAmt |
| Manner Of Cash Disbursement | RATE REDUCTIONS | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Description Of Non Cash Asst | ASSISTANCE IN THE FORM OF TUITION REDUCTION & REDUCED RATE FOR ROOM AND BOARD. | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| COVERGENT NONPROFIT SOLUTIONS LLC | ||||||||
| 520 SHERITAN WAY | SMYRNA | GA | 30082 | TERMINATION OF CONTRACT FEE-CAPITAL CAMPAIGN | 0 | $0 | $50,000 | $0 |
| CURLEY & PYNN PUBLIC RELATIONS | ||||||||
| 258 SOUTHHALL LN STE 130 | MAITLAND | FL | 32751 | PR MGMT SERVICES - CAPITAL CAMPAIGN | 0 | $0 | $5,700 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $55,700 | TotalRetainedByContractorsAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | KICKS FOR BRICKS GALA | Event1Nm |
| Gross Receipts Event1 | $53,000 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $20,826 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $32,174 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $268 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $18,466 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $13,708 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $7,452 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $53,000 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $20,826 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $32,174 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $268 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $18,466 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $13,708 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,452 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $39,894 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$7,720 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND GRANTS | GrantTypeTxt |
| Recipient | 383 | RecipientCnt |
| Cash Grant | $4,488,209 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PRIMARILY STUDENTS ARE AWARDED BEACON SCHOLARSHIP AND GRANT AID (DISCOUNTED EDUCATION COSTS) BASED ON DEMONSTRATING FINANCIAL NEED AS DEFINED BY FEDERAL STUDENT AID GUIDELINES. THE DISCOUNT APPLIED IS AWARDED ON A FORMULA ASSIGNING THE LARGEST BEACON DISCOUNT TO THE NEEDIEST STUDENTS. THERE ARE A FEW SCHOLARSHIPS(DISCOUNTS) AWARDED BASED ON RECOMMENDATIONS FROM EDUCATIONAL PROFESSIONALS(PROFESSIONAL EDUCATOR SCHOLARSHIP)AND/OR A GRANT (RAISE ME) OFFERED TO STUDENTS WHO ACHIEVED SPECIFIC ACCOMPLISHMENTS IN HIGH SCHOOL. IN THESE CASES EVERYONE AUTOMATICALLY RECEIVES THE SAME LEVEL OF REDUCTION BASED ON PREDETERMINED CRITERIA. INTERNATIONAL STUDENTS ARE ALSO ELIGIBLE TO RECEIVE AN EDUCATIONAL COST REDUCTION BY DEMONSTRATING FINANCIAL NEED. THESE GRANTS VARY AND ARE DETERMINED BY THE STUDENT'S FINANCIAL CIRCUMSTANCES. IN ORDER FOR STUDENTS TO CONTINUE TO RECEIVE NEED-BASED BEACON COLLEGE GRANTS AND SCHOLARSHIPS, STUDENTS MUST RE-APPLY EACH YEAR USING THE FEDERAL APPLICATION FOR STUDENT AID. STUDENTS MUST ALSO REMAIN IN GOOD ACADEMIC STANDING AS DESCRIBED IN THE BEACON ACADEMIC CATALOG. SHOULD THE STUDENT/FAMILY FINANCIAL CIRCUMSTANCE CHANGE, THE STUDENT MAY RECEIVE A REDUCTION OR INCREASE IN A BEACON GRANT. IN THE CASE OF NON-NEED BASED BEACON COLLEGE GRANTS; STUDENTS ARE MONITORED ANNUALLY TO ASSURE THEY ARE MAINTAINING GOOD ACADEMIC STANDING. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR GEORGE J HAGERTY | ||||||||||||||
| PRESIDENT | $278,121 | $0 | $0 | $0 | $37,996 | $0 | $35,323 | $0 | $20,529 | $0 | $371,969 | $0 | $0 | $0 |
| JAMES OTIS VANCE | ||||||||||||||
| VP OF FINANCE & ADMINISTRA | $152,871 | $0 | $0 | $0 | $0 | $0 | $6,792 | $0 | $11,525 | $0 | $171,188 | $0 | $0 | $0 |
| DR SHELLY CHANDLER | ||||||||||||||
| PROVOST | $152,259 | $0 | $0 | $0 | $0 | $0 | $7,800 | $0 | $10,917 | $0 | $170,976 | $0 | $0 | $0 |
| DALE HEROLD | ||||||||||||||
| VP OF ADMISSIONS & ENROLLM | $139,710 | $0 | $0 | $0 | $0 | $0 | $6,792 | $0 | $11,525 | $0 | $158,027 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | DR. GEORGE J. HAGERTY- HOUSING ALLOWANCE WAS INCLUDED IN HIS TAXABLE INCOME. |
| PART I, LINE 3 | BEACON COLLEGE ESTABLISHES DIRECTOR COMPENSATION USING ALL OF THE FOLLOWING ELEMENTS: (1) REVIEW AND APPROVAL BY INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHER EDUCATIONAL FACILITIES FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 900058227 | BondIssuerEIN |
| Bond Issued | 2019-06-27 | BondIssuedDt |
| Issue Price | $20,070,000 | IssuePriceAmt |
| Purpose | REFUND PRIOR ISSUE; RESIDENCE & DINING HALL | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $360,000 | RetiredAmt |
| Total Proceeds | $20,070,000 | TotalProceedsAmt |
| In Reserve Fund | $1,902,814 | InReserveFundAmt |
| Capitalized Interest | $243,107 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $401,400 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $3,397,735 | CapitalExpendituresAmt |
| Other Spent Proceeds | $11,859,409 | OtherSpentProceedsAmt |
| Unspent | $2,266,607 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| NATHAN A JUDGE | |||
| FAMILY MEMBER OF NANCY JUDGE, TRUSTEE OF THE ORGANIZATION | $34,934 | COMPENSATION AND BENEFIT PAID BY THE ORGANIZATION | 0 |
| SAMANTHA RESNICK | |||
| FAMILY MEMBER OF DEBBIE RESNICK, TRUSTEE OF THE ORGANIZATION | $36,927 | COMPENSATION PAID BY THE ORGANIZATION | 0 |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $5,374 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenuesTxt |
Real Estate Other RealEstateOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $37,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | TRIPS | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $20,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COMPARABLE SALES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 9 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | BEACON COLLEGE HAS DEVELOPED EXTENSIVE POLICIES AND PROCEDURES FOR GIFT ACCEPTANCE. "BEACON'S FUNDRAISING PRIORITIES AND POLICIES ARE ESTABLISHED WITH THE APPROVAL OF THE BOARD OF TRUSTEES. POLICIES ARE FORMULATED AND RECOMMENDED TO THE COMMITTEE ON INSTITUTIONAL DEVELOPMENT AND COMMUNICATIONS OF THE BOARD OF TRUSTEES BY THE VICE PRESIDENT FOR INSTITUTIONAL DEVELOPMENT AND COMMUNICATIONS WITH COUNSEL OF THE OFFICE OF THE PRESIDENT." EXCERPTED FROM BEACON COLLEGE, "DEVELOPMENT POLICY AND PROCEDURES," SPRING 2017. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL HAVE FIVE MEMBERS, ALL OF WHOM SHALL BE VOTING MEMBERS OF THE BOARD. THE PRESIDENT SHALL ALSO SERVE ON THE EXECUTIVE COMMITTEE BUT IN AN EX OFFICIO, NON-VOTING CAPACITY. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE BOARD WITH OTHER MEMBERS SELECTED FROM THE CHAIRS OF STANDING COMMITTEES AND/OR AT-LARGE MEMBERS NOMINATED BY THE BOARD CHAIR AND CONFIRMED AT THE BOARD'S ANNUAL MEETING BY A MAJORITY VOTE OF THOSE TRUSTEES IN ATTENDANCE. IN CONDUCTING ITS DUTIES, THE EXECUTIVE COMMITTEE, SHALL NOT, EVEN IF THE NUMBER IS SUFFICIENT, BE CONSIDERED A QUORUM FOR A SPECIAL MEETING OF THE FULL BOARD. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT FOR THE BOARD BETWEEN REGULAR BOARD OF TRUSTEES' MEETINGS ON ALL MATTERS, EXCEPT FOR THOSE MATTERS EXCLUSIVELY RESERVED TO THE BOARD: (I) PRESIDENTIAL SELECTION AND TERMINATION, (II) BOARD MEMBER AND BOARD OFFICER ELECTION, (III) CHANGES IN THE MISSION AND/OR PURPOSE OF THE INSTITUTION, (IV) AMENDMENTS TO THE ARTICLES OF INCORPORATION AND/OR BYLAWS, (V) INCURRENCE OF CORPORATE INDEBTEDNESS, (VI) SALE OR OTHER DISPOSITION OF REAL ESTATE AND/OR OTHER TANGIBLE PROPERTY, (VII) ADOPTION OF THE ANNUAL BUDGET, AND (VIII) CONFERRAL OF DEGREES, (IX) SETTING TUITION, (X) SETTING INCREASES IN SALARIES. |
| FORM 990, PART VI, SECTION B, LINE 11B | BOARD OF TRUSTEES MEMBERS ARE PROVIDED A DRAFT COPY OF THE FORM 990 FOR THEIR REVIEW, CHANGES NOTED BY MEMBERS ARE MADE AS NECESSARY, AND THE FINAL FORM 990 IS THEN FILED UPON SIGNATURE OF AN AUTHORIZED OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 12C | A BOARD MEMBER SHALL BE CONSIDERED TO HAVE A CONFLICT OF INTEREST IF HE OR SHE, OR PERSONS OR ENTITIES WITH WHICH HE OR SHE IS AFFILIATED, HAS A DIRECT OR INDIRECT INTEREST THAT MAY IMPAIR OR MAY REASONABLY APPEAR TO IMPAIR HIS OR HER INDEPENDENT, UNBIASED JUDGMENT IN THE DISCHARGE OF HIS OR HER RESPONSIBILITIES TO THE INSTITUTION. BOARD MEMBERS SHALL DISCLOSE TO THE BOARD ANY ACTUAL, APPARENT, OR POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. A BOARD MEMBER WHO HAS MADE SUCH A DISCLOSURE SHALL ABSTAIN FROM VOTING ON SUCH MATTERS, OR PARTICIPATING IN OR OTHERWISE INFLUENCING THE DELIBERATIONS OF THE BOARD IN RELATION TO THE MATTER FOR WHICH AN ACTUAL, APPARENT, OR POSSIBLE CONFLICT IS ACKNOWLEDGED. THE BOARD MEETING MINUTES SHALL REFLECT THAT A DISCLOSURE WAS MADE AND NOTE THE BOARD MEMBERS' ABSTENTION FROM VOTING AND ABSENCE DURING BOARD DELIBERATIONS. A BOARD MEMBER WHO IS RECUSED MAY BE COUNTED FOR PURPOSES OF DETERMINING THE PRESENCE OF A QUORUM AT THE MEETING, BUT SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING THE PRESENCE OF A QUORUM FOR REQUISITE BOARD ACTION. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, EVERY BOARD MEMBER SHALL COMPLETE AND SIGN A DISCLOSURE FORM ON AN ANNUAL BASIS, AND UPDATE THE FORM AS PROMPTLY AS POSSIBLE FOLLOWING KNOWLEDGE OF CONDITIONS THAT MAY CREATE A POSSIBLE CONFLICT OF INTEREST. BOARD MEMBERS SERVE AS VOLUNTEERS AND ARE NOT COMPENSATED FOR THEIR SERVICES. THEY MAY BE REIMBURSED FOR TRANSPORTATION AND OTHER REASONABLE DIRECT EXPENSES WHILE ENGAGED IN THE DISCHARGE OF THEIR OFFICIAL BOARD DUTIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | BEACON CONDUCTS AN ANNUAL ADMINISTRATIVE SALARY AND BENEFIT SURVEY FOR THE PRESIDENT. AT THE SAME TIME, AN ANNUAL SALARY SURVEY OF THE PROVOST, THE VICE PRESIDENT OF FINANCE & STRATEGIC PRIORITIES/CFO, VICE PRESIDENT OF ADMISSIONS & ENROLLMENT MANAGEMENT, VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT AND THE ASSOCIATE VICE PRESIDENT OF STUDENT ENGAGEMENT AND SUCCESS IS ALSO CONDUCTED. THE RESEARCH UTILIZED FOR THE ADMINISTRATIVE SURVEY IS OBTAINED FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). CUPA-HR IS CONSIDERED THE DEFINITIVE SOURCE FOR ADMINISTRATIVE SALARIES FOR HIGHER EDUCATION SINCE 1967, AND THE RESEARCH FROM ITS ADMINISTRATOR SURVEY IS USED BY THE "CHRONICLE OF HIGHER EDUCATION" TO ANNUALLY REPORT ON THE COMPENSATION FOR HIGHER EDUCATION ADMINISTRATIVE STAFF. IN ADDITION, BEACON UTILIZES THE DATA OBTAINED FROM THE MOST RECENT IRS 990 FILINGS FOR EACH COLLEGE THAT BEACON UTILIZES FOR COMPARATIVE PURPOSES. INCLUDED IN THIS COMPARISON ARE: PEER COLLEGES, FLORIDA COLLEGES, PRIVATE INDEPENDENT COLLEGES, BACCALAUREATE COLLEGES, AND SOUTHERN REGION PRIVATE INDEPENDENT COLLEGES, BY ENROLLMENT OR TOTAL EXPENSE. THE DIRECTOR OF HUMAN RESOURCES PERFORMS THE ANALYSIS OF DATA AND WRITES THE REPORTS, WHICH INCLUDES DATA DOCUMENTATION, FOR THE BOARD CHAIR AND PRESIDENT TO REVIEW. THE PRESIDENT MAKES A RECOMMENDATION TO THE BOARD CHAIR FOR SUGGESTED COMPENSATION FOR EXECUTIVE LEVEL COMPENSATION, BASED ON AN ANNUAL REVIEW OF THEIR ACCOMPLISHMENTS IN THEIR RESPECTIVE POSITIONS. THE BOARD CHAIR REVIEWS BOTH THE PRESIDENT'S ANNUAL COMPENSATION SURVEY AND EXECUTIVE LEVEL COMPENSATION RECOMMENDATIONS FROM THE PRESIDENT. THESE ARE THEN PRESENTED TO THE COMPENSATION COMMITTEE APPOINTED BY THE EXECUTIVE COMMITTEE FOR REVIEW AND DISCUSSION, TO INCLUDE THE ANNUAL REVIEW FOR THE PRESIDENT. THE COMPENSATION COMMITTEE MEETS IN CLOSED SESSION AND DETERMINES THE COMPENSATION LEVELS FOR THE PRESIDENT AND SENIOR EXECUTIVES. THE COMPENSATION COMMITTEE ADVISES THE EXECUTIVE COMMITTEE WHO PRESENTS THE RECOMMENDATIONS TO THE FULL BOARD. THIS PROCESS WAS LAST CONDUCTED IN 2020. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FOR A REASONABLE COPYING CHARGE. |
| FORM 990, PART IX, LINE 11G | FINANCIAL AID SERVICES: PROGRAM SERVICE EXPENSES 110,899. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,899. STUDY ABROAD PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 14,363. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,363. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 43,653. MANAGEMENT AND GENERAL EXPENSES 122,162. FUNDRAISING EXPENSES 2,288. TOTAL EXPENSES 168,103. GUEST SPEAKERS: PROGRAM SERVICE EXPENSES 3,050. MANAGEMENT AND GENERAL EXPENSES 750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,800. WELLNESS PROGRAM FEES: PROGRAM SERVICE EXPENSES 3,051. MANAGEMENT AND GENERAL EXPENSES 1,951. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,002. 30TH ANNIVERSARY CELEBRATION: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 21,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,600. MARKETING AND OUTREACH SERVICES: PROGRAM SERVICE EXPENSES 15,740. MANAGEMENT AND GENERAL EXPENSES 21,719. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,459. HEALTH SERVICES MANAGEMENT: PROGRAM SERVICE EXPENSES 73,439. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,439. FACILITIES MANAGEMENT: PROGRAM SERVICE EXPENSES 828,036. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 828,036. DINING SERVICES: PROGRAM SERVICE EXPENSES 1,248,991. MANAGEMENT AND GENERAL EXPENSES 134. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,249,125. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE SPLIT INTEREST AGREEMENT -50. BAD DEBT PLEDGES -55,000. UNCOLLECTIBLE PLEDGES -150,000. |