I Am Beacon Inc is located in Beacon, NY. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I Am Beacon 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 12/2023, I Am Beacon Inc generated $54.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $30.6k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reuben Simmons Jr President | 15 | $0 | |
Brooke Simmons Secretary/treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $33,846 |
Total Program Service Revenue | $21,448 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $54,839 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,601 |
Total expenses | $30,601 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $88,901 |
Other assets | $0 |
Total assets | $88,901 |
Total liabilities | $0 |
Net assets or fund balances | $88,901 |