The Beacon Resource Center Inc
- Assets
- $695.8k
- Revenue
- $187.2k
- Investments
- $0.0
- Employees
- 0
- Location
- South Bend, IN
- Founding
- 03/2012
- Data as of
- 06/2023
- 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 06/2023, Beacon generated $187.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $227.7k during the year ending 06/2023. 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
2023
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 CONTINUED PROGRAMMING TO ENTER THE DUCOMB CENTER (A LOCAL RE-ENTRY CENTER) AND HAVE A FULL YEAR OF THAT PROGRAMMING NOW
REMAINING MISCELLANEOUS EVENTS AND PROGRAMS AND INCOME AND EXPENSES FROM TOTALS
"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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrew M Walker Executive Director | Officer | 40 | $60,000 |
David Phillips Board Member | Trustee | 2 | $0 |
Jennie Gorski Board Member | Trustee | 2 | $0 |
Cynthia Taylor Board Member | Trustee | 1 | $0 |
Keith Walatka Board Member | Trustee | 2 | $0 |
Clark Glover Secretary | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,851 |
| Total Program Service Revenue | $77,349 |
| 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 | $187,200 |
| 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 | $61,645 |
| 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 | $6,000 |
| Advertising and promotion | $0 |
| Office expenses | $11,267 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $148,749 |
| 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 | $0 |
| Total functional expenses | $227,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,167 |
| 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 | $586,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $695,847 |
| 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 | $109,167 |
| Paid-in or capital surplus, or land, building, or equipment fund | $586,680 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $695,847 |