Beacon Tree Foundation
- Assets
- $42.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-2471438
Organization Overview
Beacon Tree Foundation is located in Richmond, VA. The organization was established in 2008. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Tree Foundation 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 12/2022, Beacon Tree Foundation generated $36.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $53.7k during the year ending 12/2022. 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 |
|---|---|---|---|
Tom Leahy Founder | 20 | $0 | |
Michelle Ethridge President | 10 | $0 | |
George Foreman Secretarytreasurer | 10 | $0 | |
Karen Nicholson Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,397 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,890 |
| Other Revenue | $0 |
| Total Revenue | $36,548 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,170 |
| Occupancy, rent, utilities, and maintenance | $402 |
| Printing, publications, postage, and shipping | $856 |
| Other expenses | $39,279 |
| Total expenses | $53,707 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,761 |
| Other assets | $0 |
| Total assets | $42,803 |
| Total liabilities | $18,142 |
| Net assets or fund balances | $24,661 |