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BEACON ACADEMY INC

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Public IRS 990 nonprofit record

BEACON ACADEMY INC

EIN 73-1710051 · Special Education (B28)

What they do

BEACON ACADEMY PROVIDES A TRANSFORMATIONAL YEAR BETWEEN 8TH and 9TH GRADES to PROMISING, MOTIVATED and HARD-WORKING STUDENTS FROM BOSTON and SURROUNDING URBAN AREAS. INSPIRED BY A CHALLENGING CURRICULUM and STIMULATING CO-CURRICULAR EXPERIENCES, STUDENTS LEARN VITAL ACADEMIC SKILLS and DEVELOP HABITS of MIND THAT EMPOWER THEM to CHANGE THE TRAJECOTRY of THEIR LIVES. THEY EMERGE AS ACTIVE LEARNERS WITH INCREASED CONFIDENCE, CRITICAL THINKING SKILLS, and BROADER VISION, PREPARED to THRIVE AT COMPETITIVE, INDEPENDENT and PUBLIC EXAM HIGH SCHOOLS THAT SHARE OUR COMMITMENT to THEIR SUCCESS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $71.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.40%of revenue went to mission work71.6% of expenses · Program services
9.98%of revenue went to fundraising13.6% of expenses
$73.16spent for every $100 of revenueRevenue covered expenses this year.
10.78%of revenue went to management and office costs14.7% of expenses
$5.28in assets for every $1 spent this yearSome assets cannot be spent right away.
65.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $285,846 for CHARLES E CARTER (CEO & HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,615,940
Mission workProgram services$2,418,57752.40% of revenue71.6% of expenses
ManagementOffice and general costs$497,70810.78% of revenue14.7% of expenses
FundraisingAsking for donations$460,8209.98% of revenue13.6% of expenses
Revenue left after expensesReported annual surplus$1,238,83526.84% of revenueShown in gray on the chart
Total expenses$3,377,10573.16% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 71.6% mission · 14.7% management · 13.6% fundraisingTotal expenses: 73.16% of revenue
2023Expense mix: 72.5% mission · 16.4% management · 11.1% fundraisingTotal expenses: 100.26% of revenue
2022Expense mix: 80.4% mission · 14.2% management · 5.4% fundraisingTotal expenses: 118.34% of revenue
2021Expense mix: 79.0% mission · 16.2% management · 4.8% fundraisingTotal expenses: 226.16% of revenue
2020Expense mix: 80.6% mission · 15.4% management · 3.9% fundraisingTotal expenses: 52.47% of revenue
2019Expense mix: 80.4% mission · 15.2% management · 4.4% fundraisingTotal expenses: 29.05% of revenue
2018Expense mix: 83.0% mission · 11.3% management · 5.7% fundraisingTotal expenses: 50.56% of revenue
2017Expense mix: 84.3% mission · 7.6% management · 8.1% fundraisingTotal expenses: 67.33% of revenue

Money in and money out

Revenue$4,615,940
Expenses$3,377,105
Annual surplus $1,238,835 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,418,577 · 71.6% of expenses
Management and office costs$497,708 · 14.7% of expenses
Fundraising$460,820 · 13.6% of expenses
See all reported dollar amounts
Revenue$4,615,940
Expenses$3,377,105
Assets$17,845,976
Income$14,241,092
Contributions$2,999,818
Mission work (program services)$2,418,577
Fundraising$460,820
Management and general$497,708
Stocks and bonds$10,353,008
Accounting fees$74,116
Investing fees$61,842
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CHARLES E CARTERCEO & HEAD OF SCHOOL · 40 hrs/week $285,846Base $238,168 · Other $47,678
NICOLE BAKERDIRECTOR OF DEVELOPMENT & ENGAGEMENT · 40 hrs/week $135,743Base $125,431 · Other $10,312
ASHLEY MIRANDADIRECTOR OF ALUMNI SUPPORT SERVICES · 40 hrs/week $124,959Base $111,279 · Other $13,680
ERIC NETTDIRECTOR OF ENROLLMENT & PLACEMENT · 40 hrs/week $122,111Base $108,835 · Other $13,276
ANNE-MARIE YU-PHELPSDIRECTOR OF ACADEMY YEAR · 40 hrs/week $121,993Base $114,693 · Other $7,300
SCOTT STEELEDIRECTOR OF FINANCE AND OP · 40 hrs/week $115,227Base $99,039 · Other $16,188

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

CHARLES E CARTERCEO & HEAD OF SCHOOL

NICOLE BAKERDIRECTOR OF DEVELOPMENT & ENGAGEMENT

ASHLEY MIRANDADIRECTOR OF ALUMNI SUPPORT SERVICES

ERIC NETTDIRECTOR OF ENROLLMENT & PLACEMENT

ANNE-MARIE YU-PHELPSDIRECTOR OF ACADEMY YEAR

SCOTT STEELEDIRECTOR OF FINANCE AND OP

NINA BOWMANTRUSTEE

KEVIN PARKETRUSTEE

KNEIDE NASCIMENTOTRUSTEE

KYLE UMEMBATRUSTEE

LEE COFFINTRUSTEE

LISA DIADAMOTRUSTEE

MARK ENGERMANTRUSTEE

JEN DOLINSTRUSTEE

REBECCA MAILER-HOWATTRUSTEE

SUSAN WILKINSONTRUSTEE

TIM DONOHUETRUSTEE

TONY BROOKETRUSTEE

JULIE MCKENNATREASURER

JESSICA LUTZKERVICE CHAIR

AMY MCCARTHYCHAIR EMERITAS

JANET NAHIRNYTRUSTEE

JANET BERKELEYTRUSTEE

HENRY FAIRFAXTRUSTEE

GEORGIA FELDMANTRUSTEE

ELLIE LOUGHLINCHAIR

ELI WARDTRUSTEE

DAYNA ATKINSCLERK

CAROLYN STAFFORD STEINTRUSTEE

CAROLYN MCCLINTOCK PETERCHAIR EMERITAS

ANNA AFEYANTRUSTEE

ANN RYANTRUSTEE

About this charity

Recognized since
January 2005
Location
814 SOUTH ST, BOSTON, MA 02131-2429
County
Suffolk
In care of
% CHARLES E CARTER
Primary officer
CHARLES CARTER, CEO & HEAD OF SCHOOL

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
POZERSKI HATCH & COMPANY
NTEE classification
Special Education (B28)
IRS tax category
Special Education

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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