Beyond Owners Group INC

Tax-deductible

Willow Street, PA501(c)(3)Since 2016HousingEIN 81-2342449

Assisting universities to meet their need for high-quality construction projects by taking on the burden of financing long-term debt, continuing compliance and asset management.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 5 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $1.1M a year · 15% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 0.4% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 17.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$162.2M
104% of total assets
Concern: liabilities are 104% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 4 voting members
Fine: 2 of 4 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.3M
-2% vs prior year
Spent
$11.0M
To programs
100%
Net assets
−$6.0M
By yearFY2020–FY2025
Revenue
$10.3M
FY2025▼ -2%
Revenue by fiscal year
FY2020$1.6M
FY2021$3.7M
FY2022$8.8M
FY2023$9.4M
FY2024$10.5M
FY2025$10.3M
Expenses
$11.0M
FY2025▼ -6%
Expenses by fiscal year
FY2020$399K
FY2021$5.4M
FY2022$11.7M
FY2023$10.7M
FY2024$11.7M
FY2025$11.0M
Net assets
−$6.0M
FY2025▼ -15%
Net assets by fiscal year
FY2020$2.1M
FY2021$246K
FY2022−$2.6M
FY2023−$4.0M
FY2024−$5.2M
FY2025−$6.0M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2017.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $11.0M Management & general 0% · $44K

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

Who runs it and what they're paid

5 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$22,450Pt VII · Sec A
Vice President/Secretary
$22,450Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member (until 10/24)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Geoffrey Beers’s $22K as President is at the 0th percentile of top reported officer pay among 676 $10–100M housing 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Geoffrey Beers$22,450$20,600$20,600$20,600$20,000
Robert Sempsey$22,450$20,600$20,600$20,600$20,000

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 Beyond Owners Group INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Finances and manages university construction projects, easing debt and asset burdens.

Provided by the organization

This section is blank until Beyond Owners Group INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $11.0M of program spending, described in the organization's own filed words · FY2024.
01

Constructing and owning a two-phase student housing project on the campus of appalachian state university and its students. Building 100 and the parking deck were completed for fall 2020 occupancy. Building 300 was completed for fall 2021 occupancy. Both phases are owned by beyond boone, LLC. Both phases are fully occupied.

$10.9Mprogram expense
02

Assisting universities to meet their need for high-quality construction projects by taking on the burden of financing long-term debt, continuing compliance and asset management.

$67Kprogram expense
03

Constructing and owning a multi-phased housing project of 156 faculty and staff units on the campus of appalachian state university, innovation ridge. Innovation ridge consists of one-, two- and three-bedroom configurations in five multistory buildings.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $10K · 2019–2019

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$10.3M
Ln 12
Fees for servicesLn 2g$9.7M
Investment incomeLn 3$567K
Money outPt IX
$11.0M
Ln 25
Programscol B$11.0M
Managementcol C$44K
Owns and owesPt X
−$6.0M
net assets · Ln 32
Cash and savingsLn 1–2$15.8M
Total assetsLn 16$156.3M
LiabilitiesLn 26$162.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.7M
Investment incomeLn 3$567K
Total revenueLn 12$10.3M
Assets in detailPt X, end of year
CashLn 1$458K
SavingsLn 2$15.3M
Cash and savings togetherLn 1–2$15.8M
Land, buildings, equipmentLn 10c$105.1M
Other assetsLn 15$34.2M
Total assetsLn 16$156.3M
LiabilitiesLn 26$162.2M
Net assetsLn 32−$6.0M
OperationsPt I, VI
EmployeesI 52
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$15.4M$15.8M
Land, buildings, equipmentLn 10c$108.2M$105.1M
Total assetsLn 16$136.6M$156.3M
LiabilitiesLn 26$141.8M$162.2M
Net assetsLn 32−$5.2M−$6.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Pay of current officers, directors and key staffLn 5$52K$52K
Payroll taxesLn 10$4K$4K
Management feesLn 11a$44K$44K
Legal feesLn 11b$575$575
Accounting feesLn 11c$76K$45K$31K
Other fees for servicesLn 11g$1.5M$1.5M
Office expensesLn 13$13K$13K
OccupancyLn 16$584K$584K
InterestLn 20$4.9M$4.9M
Depreciation, depletion and amortizationLn 22$3.0M$3.0M
InsuranceLn 23$604K$604K
Other expenses (24a–d)Ln 24$174K$174K
Total functional expensesLn 25$11.0M$11.0M$44K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $10.3M$11.0M−$757K−$6.0M 990 PDF
FY2024 $10.5M$11.7M−$1.2M−$5.2M 990 PDF
FY2023 $9.4M$10.7M−$1.3M−$4.0M 990 PDF
FY2022 $8.8M$11.7M−$2.9M−$2.6M 990 PDF
FY2021 $3.7M$5.4M−$1.8M$246K 990 PDF
FY2020 $1.6M$399K$1.2M$2.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $10,287,621 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,720,741$9,720,741
VIII-3 Investment incomeExcluded from tax $566,880$566,880
VIII-12 Total revenueRelated to mission $9,720,741 · Unrelated business $0 · Excluded from tax $566,880$10,287,621
Part IX · Statement of functional expenses $11,044,845 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-5 Pay of current officers, directors and key staffPrograms $52,300$52,300
IX-10 Payroll taxesPrograms $4,079$4,079
IX-11a Management feesPrograms $44,227$44,227
IX-11b Legal feesPrograms $575$575
IX-11c Accounting feesPrograms $45,156 · Management $30,770$75,926
IX-11g Other fees for servicesPrograms $1,511,337$1,511,337
IX-13 Office expensesManagement $13,015$13,015
IX-16 OccupancyPrograms $583,885$583,885
IX-20 InterestPrograms $4,925,492$4,925,492
IX-22 Depreciation, depletion and amortizationPrograms $3,045,861$3,045,861
IX-23 InsurancePrograms $603,936$603,936
IX-24 Other expenses (24a–d)Programs $174,212$174,212
IX-25 Total functional expensesPrograms $11,001,060 · Management $43,785 · Fundraising $0$11,044,845
Part X · Balance sheet $156,265,714 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $358,441$457,716
X-2 Savings and temporary cash investmentsStart of year $15,036,025$15,326,025
X-4 Accounts receivableStart of year $842,204$724,735
X-9 Prepaid expenses and deferred chargesStart of year $377,005$386,745
X-10c Land, buildings and equipment, netStart of year $108,183,055$105,137,194
X-15 Other assetsStart of year $11,796,781$34,233,299
X-16 Total assetsStart of year $136,593,511$156,265,714
X-17 Accounts payable and accrued expensesStart of year $5,795,453$8,932,720
X-20 Tax-exempt bond liabilitiesStart of year $126,796,885$125,687,663
X-25 Other liabilitiesStart of year $400,000$0
X-26 Total liabilitiesStart of year $141,804,939$162,234,366
X-27 Net assets without donor restrictionsStart of year −$5,211,428−$5,968,652
X-32 Total net assets or fund balancesStart of year −$5,211,428−$5,968,652
X-33 Total liabilities and net assetsStart of year $136,593,511$156,265,714
Part XI · Reconciliation of net assets −$5,968,652 net assets at year end
XI-1 Total revenue$10,287,621
XI-2 Total expenses$11,044,845
XI-3 Revenue less expenses−$757,224
XI-4 Net assets at start of year−$5,211,428
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$5,968,652

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.