The Beacon Resource Center Inc
- Assets
- $660.6k
- Revenue
- $188.1k
- Investments
- $0.0
- Employees
- 0
- Location
- South Bend, IN
- Founding
- 03/2012
- Data as of
- 06/2022
- EIN
- 42-2963887
Organization Overview
The Beacon Resource Center Inc, operating under the name The Beacon, is located in South Bend, IN. The organization was established in 2012. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon 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 06/2022, Beacon generated $188.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $125.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SPACE AND PROGRAMMING (IN PARTNERSHIP WITH OTHER NON-PROFITS) TO SEE TRANSFORMATION ON THE WEST-SIDE OF SOUTH BEND, IN. WE HAVE A GED PROGRAM, ESL, POLICE ATHLETIC LEAGUE, GENERAL JOB TRAINING, ETC
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUBILEE VENTURES (JV) IS OUR "DEPARTMENT" THAT EXTENDS OPPORTUNITY, RESTORATION, AND OWNERSHIP TO THE MARGINS. THIS YEAR JV UTILIZED THE NETWORK WE DEVELOPED FROM OUR PREVIOUS TWO JOB FAIRS FOR "RETURNING CITIZENS" (THE WAY WE DESCRIBE MEN AND WOMEN COMING OUT OF INCARCERATION) TO AID THEM IN FINDING MEANINGFUL EMPLOYMENT AND CONNECTIONS. WE'VE ALSO DEVELOPED PROGRAMMING TO ENTER THE DUCOMB CENTER (A LOCAL RE-ENTRY CENTER) IN THE NEXT FISCAL YEAR (FALL 2022).
"POST COVID LOCKDOWNS" THE MAJORITY OF OUR PROGRAMMING HAS RETURNED, INCLUDING GED, ESL, POLICE ATHLETIC LEAGUES, PICKLEBALL FOR SR. CITIZENS, COMMUNITY TABLE TENNIS, ETC.). IT HAS BEEN WONDERFUL TO SEE THIS PROGRAMMING NOT JUST RETURN BUT ALSO GROW. WE'VE ALSO HAD THE PRIVILEGE TO HOST COMMUNITY EVENTS IN THE SPACE POST COVID-LOCKDOWNS AS WELL.
USAGE BY RIVERSIDE CHURCH FOR BOTH SUNDAY GATHERINGS AS WELL AS COMMUNITY OUTREACH. THE BEACON WAS STARTED BY RIVERSIDE CHURCH GROWTH (2011). RIVERSIDE HAS PARTICIPANT INVOLVEMENT AND DEVELOPMENT OF ~250 PEOPLE SERVED WEEKLY. ACCOUNTS FOR 20% OF THE FACILITY USAGE.
VARIOUS OTHER ACTIVITIES THAT CAPTURE THE REMAINING EXPENSES AND INCOME (FOR EXAMPLE, FUTURE SOLAR PROJECT THAT WILL MAINLY HIT NEXT FISCAL YEAR). ADDITIONAL INCOME IS FROM THE INITIAL WORK FOR A FUTURE CAPITAL CAMPAIGN WE ARE DEVELOPING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrew M Walker Executive Director | OfficerTrustee | 40 | $0 |
Keith Walatka President Of The Board | Officer | 4 | $0 |
David Mui Treasurer | Officer | 1 | $0 |
Clark Glover Secretary | Officer | 2 | $0 |
David Phillips Board Member | Trustee | 1 | $0 |
Justin Romine Board Member, Vice President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,460 |
| Total Program Service Revenue | $63,602 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $188,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $59,447 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,515 |
| Advertising and promotion | $0 |
| Office expenses | $2,590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,101 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $497 |
| Total functional expenses | $125,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,629 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $510,960 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $660,589 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $149,629 |
| Paid-in or capital surplus, or land, building, or equipment fund | $510,960 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $660,589 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that The Beacon Resource Center Inc has recieved totaling $42,563.
| Awarding Organization | Amount |
|---|---|
Asante Foundation Inc South Bend, IN PURPOSE: SOCIAL SERVICES | $25,000 |
Florence V Carroll Charitable Trust 59-70046400 Las Vegas, NV PURPOSE: GENERAL OPERATING | $7,500 |
Harvey R And Doris Klockow Foundation Las Vegas, NV PURPOSE: GENERAL OPERATING | $5,000 |
Muessel-Ellison Memorial Trust Foundation Las Vegas, NV PURPOSE: GENERAL OPERATING | $4,000 |
Bruce G And Mary A Robert Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
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River Forest Community Center River Forest, IL | $1,471,516 | $1,962,527 |
Appleton Ice Inc Appleton, WI | $3,343,881 | $1,343,806 |
Young Mens Christian Association Of Harrison County Inc Corydon, IN | $4,762,873 | $1,352,346 |