Charter School with an academically rigorous, purposefully structed and joyful community. Prepares kindergarten thru fifth grade scholars to succeed in college and contribute positively to their communities.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 9 volunteers and 9 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
4 of 4
filings with a surplus
Average surplus $800K a year · 27% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 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
$109K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $177K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$353K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.4M
+62% vs prior year
Spent
$3.1M
To programs
100%
Net assets
$2.2M
By yearFY2021–FY2024
Revenue
$4.4M
FY2024▲ +62%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.7M
FY2022$2.1M
FY2023$2.7M
FY2024$4.4M
Expenses
$3.1M
FY2024▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.4M
FY2022$1.9M
FY2023$2.5M
FY2024$3.1M
Net assets
$2.2M
FY2024▲ +163%
Tap a bar for its year
Net assets by fiscal year
FY2021$187K
FY2022$582K
FY2023$826K
FY2024$2.2M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2020.

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% · $3.1M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $109K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$109,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chairperson
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Beacon Parent
$0Pt VII · Sec A

Cordette Hubbard’s $109K as Principal is at the 38th percentile of top reported officer pay among 3395 $1–10M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Cordette Hubbard$109,000———
Joseph Bolduc—$100,900$96,900$95,000

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 Beacon College Preparatory INC 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

Educates young students for college and community success through a joyful, rigorous academic program.

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Provided by the organization

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1 program · $3.1M · in their own filed words · FY2023
01

Within an academically rigorous, purposefully structured and joyful community, Beacon College Preparatory Charter School prepares all kindergarten through fith grade scholars to succeed in college and contribute positively to their communities.

$3.1Mprogram 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 · FY2024
50can INCFY2024$102K
Total grants receivedfrom 3 funders$177K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.4M
Ln 12
Gifts and grantsLn 1h$4.4M
Investment incomeLn 3$12K
Fees for servicesLn 2g$45
Money outPt IX
$3.1M
Ln 25
Programscol B$3.1M
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$2.5M
LiabilitiesLn 26$353K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.4M
Government grantsLn 1e$4.2M
Fees for servicesLn 2g$45
Investment incomeLn 3$12K
Total revenueLn 12$4.4M
Assets in detailPt X, end of year
CashLn 1$1.3M
Cash and savings togetherLn 1–2$1.3M
Land, buildings, equipmentLn 10c$880K
Other assetsLn 15$248K
Total assetsLn 16$2.5M
LiabilitiesLn 26$353K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 59
VolunteersI 69
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$619K$1.3M
Land, buildings, equipmentLn 10c$401K$880K
Total assetsLn 16$1.3M$2.5M
LiabilitiesLn 26$451K$353K
Net assetsLn 32$826K$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.3M$1.3M$0$0
Other employee benefitsLn 9$224K$224K$0$0
Legal feesLn 11b$14K$14K$0$0
Accounting feesLn 11c$108K$108K$0$0
Advertising and promotionLn 12$6K$6K$0$0
Information technologyLn 14$70K$70K$0$0
InterestLn 20$37K$37K$0$0
Depreciation, depletion and amortizationLn 22$216K$216K$0$0
InsuranceLn 23$37K$37K$0$0
Other expenses (24a–d)Ln 24$421K$421K$0$0
All other expensesLn 24e$618K$618K$0$0
Total functional expensesLn 25$3.1M$3.1M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $4.4M$3.1M$1.3M$2.2M 990 PDF
FY2023 $2.7M$2.5M$231K$826K 990 PDF
FY2022 $2.1M$1.9M$247K$582K 990 PDF
FY2021 $2.7M$1.4M$1.4M$187K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,437,987 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,732,042$4,425,639
I-9 Program service revenuePrior year $11,999$45
I-10 Investment income$12,303
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,744,041$4,437,987
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,312,242$1,567,937
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,201,059$1,527,604
I-18 Total expensesPrior year $2,513,301$3,095,541
I-19 Revenue less expensesPrior year $230,740$1,342,446
Part VI · Governance 7 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,437,987 across 6 lines filed
VIII-1e Government grants$4,195,516
VIII-1f All other contributions, gifts and grants$230,123
VIII-1h Total contributions, gifts and grants$4,425,639
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$45
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$12,303
VIII-12 Total revenueRelated to mission $12,348 · Unrelated business $0 · Excluded from tax $0$4,437,987
Part IX · Statement of functional expenses $3,095,541 across 11 lines filed
IX-7 Other salaries and wagesPrograms $1,344,368 · Management $0 · Fundraising $0$1,344,368
IX-9 Other employee benefitsPrograms $223,569 · Management $0 · Fundraising $0$223,569
IX-11b Legal feesPrograms $14,304 · Management $0 · Fundraising $0$14,304
IX-11c Accounting feesPrograms $108,000 · Management $0 · Fundraising $0$108,000
IX-12 Advertising and promotionPrograms $6,424 · Management $0 · Fundraising $0$6,424
IX-14 Information technologyPrograms $70,186 · Management $0 · Fundraising $0$70,186
IX-20 InterestPrograms $36,561 · Management $0 · Fundraising $0$36,561
IX-22 Depreciation, depletion and amortizationPrograms $216,382 · Management $0 · Fundraising $0$216,382
IX-23 InsurancePrograms $36,943 · Management $0 · Fundraising $0$36,943
IX-24 Other expenses (24a–d)Programs $421,079 · Management $0 · Fundraising $0$421,079
IX-24e All other expensesPrograms $617,725 · Management $0 · Fundraising $0$617,725
IX-25 Total functional expensesPrograms $3,095,541 · Management $0 · Fundraising $0$3,095,541
Part X · Balance sheet $2,521,516 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $618,583$1,284,564
X-3 Pledges and grants receivableStart of year $43,385$50,623
X-4 Accounts receivableStart of year $1,075$12,941
X-9 Prepaid expenses and deferred chargesStart of year $13,674$45,022
X-10c Land, buildings and equipment, netStart of year $400,910$879,890
X-15 Other assetsStart of year $199,441$248,476
X-16 Total assetsStart of year $1,277,068$2,521,516
X-17 Accounts payable and accrued expensesStart of year $120,994$133,823
X-25 Other liabilitiesStart of year $45,966$40,461
X-26 Total liabilitiesStart of year $451,482$353,484
X-27 Net assets without donor restrictionsStart of year $825,586$2,039,659
X-28 Net assets with donor restrictions$128,373
X-32 Total net assets or fund balancesStart of year $825,586$2,168,032
X-33 Total liabilities and net assetsStart of year $1,277,068$2,521,516
Part XI · Reconciliation of net assets $2,168,032 net assets at year end
XI-1 Total revenue$4,437,987
XI-2 Total expenses$3,095,541
XI-3 Revenue less expenses$1,342,446
XI-4 Net assets at start of year$825,586
XI-10 Net assets at end of year$2,168,032

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

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