Beacon State Fund EIN 74-2786655

Beacon State Fund

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Promotes Texas civic participation through leadership, volunteerism, and literacy education. For fiscal year 2025 it reported $735K in revenue, $373K in expenses, and $549K in net assets.Pt I

Founded
1996
Type
Public charity (501(c)(3)) · Education
Location
Austin, TX
Filings
5 on file (2021–2025)
Revenue
$735KFY2025
Expenses
$373K
Net assets
$549K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2786655 Public charity (501(c)(3)) Austin, TX Founded 1996
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes Texas civic participation through leadership, volunteerism, and literacy education.
Leadership
Lesley Guthrie · Chair
Money in and out
$735K revenue, $373K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$735K
Pt VIII · Ln 12
Total expenses
$373K
Pt IX · Ln 25
Net assets
$549K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $362K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
17.7mo
months of highly liquid reserves at operating expense rate▲ +36% vs prior filing year
Surplus margin
+49%
revenue over expenses, this year▲ ×13 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$735K
FY2025▲ +311%
Expenses
$373K
FY2025▲ +121%
Total assets
$549K
FY2025▲ +184%
Total liabilities
$0
FY2025
Total revenue
$735K
Pt VIII · Ln 12
Total expenses
$373K
Pt IX · Ln 25
Net assets
$549K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$362K
Total assetsPt X · Ln 16$549K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $307K of program spending, described in the organization's own filed words · FY2025.
01

Texas Women's Leadership Conference

The Texas Women's Leadership Conference, hosted by Cecilia Abbott, First Lady of Texas, and the Texas Governor's Commission for Women serves as a platform for empowering leaders in state government and business leadership.

$197Kprogram expense
02

Texas Women's Hall of Fame

The Texas Women's Hall of Fame honors the state's most accomplished women in areas such as the arts, science, education, business, community service, health, sports, and more. The Hall of Fame ensures that the achievements and contributions of women across Texas are written into the state's legacy.

$78Kprogram expense
03

Legislative Luncheon

The Governor's Commission for Women hosts the Legislative Luncheon each session year. This event provides a unique opportunity to celebrate the leadership, vision, and contributions of women in the Texas Legislature.

$32Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeacon State Fund
EINHdr · item D74-2786655
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1996
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B112)
Ruling yearIRS BMFAug 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Olivia Connett’s $2 as Secretary is at the 0th percentile of top reported officer pay among 1616 $100K–1M education 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Olivia Connett$2$2$2

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.

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Statement of Revenue

Part VIII
Contributions & grants$625K · 85%
Program service revenue$109K · 15%
Contributions & grants85%$625K
Program service revenue15%$109K
Investment income$1K
Total revenueLn 12$735K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$370K
Management & general1%$2K
Total functional expensesLn 25$373K

Balance Sheet

Part X · end of year
CashLn 1$549K
Total assetsLn 16$549K
Total liabilitiesLn 26$0
Total net assetsLn 32$549K
Months of cash on handcomputed17.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $549K · Operating expenses/yr $373K
17.7 months
Where the money goes
Program services
Program services $370K · Total expenses $373K
99%
Management & General
Management & general $2K · Total expenses $373K
0.7%
Fundraising
Fundraising $0 · Total expenses $373K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $625K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $625K · Total revenue $735K
85%
Government reliance
Government grants $0 · Total revenue $735K
0%
Earned-income share
Program service revenue $109K · Total revenue $735K
15%
Investment reliance
Investment income $1K · Total revenue $735K
+0.2%
Program self-sufficiency
Program service revenue $109K · Total expenses $373K
29%
Growth & trend
Revenue growth (YoY)
This year $735K · Prior year $179K
+311%
Revenue CAGR
FY2021 $220K · FY2025 $735K
+35%
Net-asset trend (YoY)
End of year $549K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $735K · Expenses $373K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $549K
Net-asset ratio
Net assets $549K · Total assets $549K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $549K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lesley Guthrie · Reported title Chair · Highest reported compensation $0 · Total expenses $373K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $373K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.7%
Revenue growth 311%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$28K
See all 3 funders →
Grants paid · 4 grants · $48K · 2021–2021
Unitemized GrantFY2021$23,000
Stump FarmsFY2021$7,500
Savhera PbcFY2021$7,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$735K revenue · viewing · ⤓ 990 PDF
FY2024$179K revenue · ⤓ 990 PDF
FY2023$149K revenue · ⤓ 990 PDF
FY2022$140K revenue · ⤓ 990 PDF
FY2021$220K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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