Beacon State Fund FY2023 filing

Tax-deductible

Austin, TX501(c)(3)Since 1996EducationEIN 74-2786655

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The Beacon State Fund was set up to engage in activities that educate and improve civic participation of Texas citizens by promoting community leadership and volunteerism; by fostering reading and literacy; and by holding one or more conferences annually and periodic seminars or gatherings to discuss, teach, encourage, recognize, or otherwise promote community leadership, volunteerism, reading, and literacy; and to recognize outstanding dedication and contributions to these goals by all Texans, especially by women and particularly women in the public sector.

501(c)(3) charity; gifts are tax-deductible.
$2 paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990-EZIndependent: 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
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $207K a year · 43% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Pay to officers and key staff
$2
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
3
named funders · $28K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$149K
+7% vs prior year
Net assets
$180K
By yearFY2021–FY2025
Revenue
$149K
FY2023▲ +7%
Revenue by fiscal year
FY2021$220K
FY2022$140K
FY2023$149K
FY2024$179K
FY2025$735K
Expenses
—
FY2023
Expenses by fiscal year
FY2021$169K
FY2022Not on file
FY2023Not on file
FY2024Not on file
FY2025$373K
Net assets
$180K
FY2023▲ +0.9%
Net assets by fiscal year
FY2021$193K
FY2022$178K
FY2023$180K
FY2024$187K
FY2025$549K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1997.

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

Who runs it and what they're paid

3 people listed on the 990-EZ; $2 paid to officers and key staff.

Part VII, Section A · reportable compensation
$2Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Olivia Connett’s $2 as Secretary is at the 0th percentile of top reported officer pay among 1613 $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.

See Beacon State Fund executive salaries →

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Programs and updates

Promotes Texas civic participation through leadership, volunteerism, and literacy education.

Provided by the organization

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3 programs · $156K · in their own filed words · FY2021
01

Texas Women's Hall of Fame honors the State's most accomplished women. The biennial awards ceremony receives nominations from members of the public to recognize the achievements of women in Texas. Inductees include first ladies, teachers, astronauts, athletes and many more.

$61Kprogram expense
02

The Women-Owned Business Series is a series offered to entrepreneurs and business owners throughout the state of Texas. The series is an opportunity to listen, learn and connect with subject-matter experts and support systems to help individuals start and/or grow a business.

$57Kprogram expense
03

The women-owned business pitch competition is a part of the Women-Owned Business Series. The pitch competition provides financial assistance to women business owners throughout Texas with one winner being chosen from each region. The competition was able to assist 5 women-owned businesses and 1 junior business owner in 2021.

$38Kprogram expense

Funders

Who pays for it.

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

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

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$149K
Other income$149K
Owns and owes
$180K
net assets
Liabilities$0
People
3
listed
Paid1
2In more detail
Revenue in detail
Other income$149K
Total revenue$149K
Assets in detailEnd of year
Liabilities$0
Net assets$180K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $735K$373K$362K$549K 990 PDF
FY2024 $179K$187K 990 PDF
FY2023 Viewing $149K$180K 990 PDF
FY2022 $140K$178K 990 PDF
FY2021 $220K$169K$52K$193K 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

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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