Beacon Of Hope Community Services Inc
- Assets
- $330.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leominster, MA
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-2759560
Organization Overview
Beacon Of Hope Community Services Inc is located in Leominster, MA. The organization was established in 2006. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Of Hope Community Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Beacon Of Hope Community Services Inc generated $113.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $87.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Briggs Executive Director | 35 | $49,920 | |
John Nault Director | 1 | $0 | |
Kelli Rooney Director | 1 | $0 | |
Tina Ranno Director | 1 | $0 | |
Genie-Rae Richard Treasurer | 1 | $0 | |
Bernie Stephens President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,359 |
| Total Program Service Revenue | $3,362 |
| Membership dues | $0 |
| Investment income | $1,842 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,999 |
| Other Revenue | $0 |
| Total Revenue | $113,562 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,767 |
| Salaries, other compensation, and employee benefits | $58,308 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,405 |
| Printing, publications, postage, and shipping | $3,518 |
| Other expenses | $15,910 |
| Total expenses | $87,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $330,807 |
| Other assets | $0 |
| Total assets | $330,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $330,807 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beacon Of Hope Community Services Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Hometown Bank Community Foundation Inc Oxford, MA PURPOSE: EXEMPT PURPOSE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center Of Hope Foundation Incorporated Southbridge, MA | $12,255,535 | $11,027,836 |
Nysarc Inc Latham, NY | $28,703,633 | $11,021,110 |
Living In Fulfilling Environments L I F E Inc Bristol, RI | $6,079,461 | $10,383,327 |
Arc Of Greater Plymouth Inc Plymouth, MA | $3,484,523 | $9,423,157 |
Maranatha Human Services Inc Richmond Hill, NY | $4,264,411 | $9,208,083 |
General Human Outreach In The Community Inc Kew Gardens, NY | $16,123,093 | $9,822,825 |
Nysarc Inc Chemung County Chapter Elmira, NY | $0 | $9,610,047 |
Bass River Day Activity Program Inc Beverly, MA | $8,976,021 | $10,059,931 |
Gateways To Change Inc Cranston, RI | $5,951,465 | $10,037,567 |
Bristol Adult Resource Center Inc Bristol, CT | $3,550,370 | $8,898,457 |
Associates For Human Services Inc Taunton, MA | $7,176,586 | $8,842,909 |
The Cove Center Inc Providence, RI | $3,675,059 | $9,611,664 |