The Beacon Place Nfp

Tax-deductible

Waukegan, IL501(c)(3)Human ServicesEIN 46-1578189Revenue $760K in FY2024

On file with the IRSbeacon-place.org603 S McAlister Ave, 60085-6489 · Waukegan, ILTax-exempt since Mar 2013Publicly supported charity — 170(b)(1)(A)(vi)

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To inspire and guide our neighborhoods children and families toward a brighter tomorrow.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 590 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $33K a year · 4% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 12% of spending
Top officer’s pay higher than 56% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 12.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$39K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$760K
-18% vs prior year
Spent
$852K
To programs
78%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$760K
FY2024▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$969K
FY2022$811K
FY2023$932K
FY2024$760K
Expenses
$852K
FY2024▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2020$974K
FY2021$1.0M
FY2022$866K
FY2023$1.0M
FY2024$852K
Net assets
$1.4M
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$1.4M
FY2023$1.5M
FY2024$1.4M

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $664K Management & general 18% · $157K Fundraising 4% · $31K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$66,334Pt VII · Sec A
Interim Executive Director
$36,431Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maha Worden’s $66K as Executive Director is at the 56th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2021FY2020
Joshua Fulcher—$125,000$33,654
Maha Worden$66,334——
Katie Oatsvall$36,431——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Beacon Place Nfp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Guides children and families toward a brighter future.

Provided by the organization

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1 program · $664K · in their own filed words · FY2024
01

Beacon Place engaged over 200 families and their students across 51 events, delivering 12,665 total programming hours on site. More than 2,100 hours were dedicated to special events. Hundreds of families were reached through community gatherings like the Great Full Market and Fall Launch series.

$664Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$760K
Ln 12
Gifts and grantsLn 1h$732K
Investment incomeLn 3$23K
Other incomeLn 4–11$5K
Money outPt IX
$852K
Ln 25
Programscol B$664K
Managementcol C$157K
Fundraisingcol D$31K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$866K
Total assetsLn 16$1.5M
LiabilitiesLn 26$39K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$732K
Noncash giftsLn 1g$22K
Investment incomeLn 3$23K
Other incomeLn 4–11$5K
Total revenueLn 12$760K
Assets in detailPt X, end of year
CashLn 1$284K
SavingsLn 2$582K
Cash and savings togetherLn 1–2$866K
Land, buildings, equipmentLn 10c$476K
Total assetsLn 16$1.5M
LiabilitiesLn 26$39K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 58
VolunteersI 6590
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$901K$866K
Land, buildings, equipmentLn 10c$502K$476K
Total assetsLn 16$1.6M$1.5M
LiabilitiesLn 26$57K$39K
Net assetsLn 32$1.5M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$103K$79K$24K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$424K$326K$97K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$11K$8K$2K
Payroll taxesLn 10$41K$31K$9K
Management feesLn 11a$0
Legal feesLn 11b$450$450
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$43K$19K$3K$21K
Advertising and promotionLn 12$0
Office expensesLn 13$2K$2K$213
Information technologyLn 14$5K$5K
RoyaltiesLn 15$0
OccupancyLn 16$27K$24K$3K
TravelLn 17$3K$3K$259
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$25K$23K$3K
InsuranceLn 23$11K$9K$1K
Other expenses (24a–d)Ln 24$104K$104K$580
All other expensesLn 24e$42K$30K$2K$10K
Total functional expensesLn 25$852K$664K$157K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $760K$852K−$92K$1.4M 990 PDF
FY2023 $932K$1.0M−$73K$1.5M 990 PDF
FY2022 $811K$866K−$55K$1.4M 990 PDF
FY2021 $969K$1.0M−$73K$1.4M 990 PDF
FY2020 $1.1M$974K$129K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $760,203 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $893,233$731,997
I-9 Program service revenue$0
I-10 Investment incomePrior year $18,745$23,321
I-11 Other revenuePrior year $20,221$4,885
I-12 Total revenuePrior year $932,199$760,203
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $600,490$577,740
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $404,423$273,973
I-18 Total expensesPrior year $1,004,913$851,713
I-19 Revenue less expensesPrior year −$72,714−$91,510
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $760,203 across 6 lines filed
VIII-1f All other contributions, gifts and grants$731,997
VIII-1g Noncash contributions (included above)$22,354
VIII-1h Total contributions, gifts and grants$731,997
VIII-3 Investment incomeExcluded from tax $23,321$23,321
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,885$4,885
VIII-12 Total revenueExcluded from tax $28,206$760,203
Part IX · Statement of functional expenses $851,713 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $79,129 · Management $23,636$102,765
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $326,210 · Management $97,439$423,649
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $8,282 · Management $2,474$10,756
IX-10 Payroll taxesPrograms $31,239 · Management $9,331$40,570
IX-11a Management fees$0
IX-11b Legal feesManagement $450$450
IX-11c Accounting feesManagement $11,375$11,375
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $18,592 · Management $3,133 · Fundraising $20,860$42,585
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $1,916 · Management $213$2,129
IX-14 Information technologyPrograms $5,485$5,485
IX-15 Royalties$0
IX-16 OccupancyPrograms $24,039 · Management $2,627$26,666
IX-17 TravelPrograms $2,720 · Management $259$2,979
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $22,945 · Management $2,549$25,494
IX-23 InsurancePrograms $9,451 · Management $1,050$10,501
IX-24 Other expenses (24a–d)Programs $103,673 · Management $580$104,253
IX-24e All other expensesPrograms $30,234 · Management $1,522 · Fundraising $10,300$42,056
IX-25 Total functional expensesPrograms $663,915 · Management $156,638 · Fundraising $31,160$851,713
Part X · Balance sheet $1,472,392 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $259,038$283,573
X-2 Savings and temporary cash investmentsStart of year $642,259$582,109
X-3 Pledges and grants receivableStart of year $179,120$130,390
X-10c Land, buildings and equipment, netStart of year $501,504$476,320
X-16 Total assetsStart of year $1,582,232$1,472,392
X-17 Accounts payable and accrued expensesStart of year $57,048$39,028
X-26 Total liabilitiesStart of year $57,358$39,028
X-27 Net assets without donor restrictionsStart of year $1,043,133$1,239,812
X-28 Net assets with donor restrictionsStart of year $481,741$193,552
X-32 Total net assets or fund balancesStart of year $1,524,874$1,433,364
X-33 Total liabilities and net assetsStart of year $1,582,232$1,472,392
Part XI · Reconciliation of net assets $1,433,364 net assets at year end
XI-1 Total revenue$760,203
XI-2 Total expenses$851,713
XI-3 Revenue less expenses−$91,510
XI-4 Net assets at start of year$1,524,874
XI-10 Net assets at end of year$1,433,364

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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