Beacon Center
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $20.8k
- Employees
- 22
- Location
- Watertown, SD
- Founding
- 04/1981
- Data as of
- 06/2021
- EIN
- 46-0358638
Organization Overview
Beacon Center is located in Watertown, SD. The organization was established in 1981. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Beacon Center employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Center 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 06/2021, Beacon Center generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 21.5% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER INDIVIDUALS AND FAMILIES OF ABUSE TO ACHIEVE SELF-RESPONSIBILITY AND INITIATIVE THROUGH ADVOCACY AND SUPPORT; AND TO EDUCATE AND TO MOTIVATE THE COMMUNITY TO MOVE TOWARD OUR VISION OF ELIMINATING ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER AND SUPPORT FOR INDIVIDUALS WHO ARE UNDERGOING CRISIS SITUATIONS IN THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Sikkink Executive Director | Officer | 40 | $61,726 |
Josh Hogue Treasurer | OfficerTrustee | 0.5 | $0 |
Steve Rehorst Vice President | OfficerTrustee | 0.5 | $0 |
Connie Gertsen Secretary | OfficerTrustee | 0.5 | $0 |
Laurie Danforth President | OfficerTrustee | 0.5 | $0 |
Sharon Dahlgren Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,907 |
| Related organizations | $0 |
| Government grants | $839,457 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,705 |
| Noncash contributions included in lines 1a–1f | $247,557 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,253,069 |
| Total Program Service Revenue | $0 |
| Investment income | $10,268 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,185 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,258,152 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $283,669 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,726 |
| Compensation of current officers, directors, key employees. | $15,431 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $517,951 |
| Pension plan accruals and contributions | $8,140 |
| Other employee benefits | $40,762 |
| Payroll taxes | $42,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $331 |
| Fees for services: Accounting | $4,318 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,030 |
| Office expenses | $106,239 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,245 |
| Travel | $9,088 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,956 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,168 |
| Insurance | $13,604 |
| All other expenses | $0 |
| Total functional expenses | $1,177,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,867 |
| Savings and temporary cash investments | $447,962 |
| Pledges and grants receivable | $200,746 |
| 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 | $706,224 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $20,825 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $364 |
| Total assets | $1,559,988 |
| Accounts payable and accrued expenses | $4,591 |
| 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 | $92,825 |
| Total liabilities | $97,416 |
| Net assets without donor restrictions | $1,462,572 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,559,988 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beacon Center has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peoples City Mission Lincoln, NE | $5,491,222 | $20,288,173 |
Siena Francis House Omaha, NE | $39,171,081 | $11,436,014 |
People Serving People Inc Minneapolis, MN | $3,407,930 | $8,460,850 |
Poverello Center Inc Missoula, MT | $7,440,408 | $4,614,629 |
Stephen Center Inc Omaha, NE | $13,332,948 | $6,680,209 |
Hope Community Inc Minneapolis, MN | $13,754,226 | $3,542,167 |
Care Corps Inc Fremont, NE | $5,851,439 | $5,778,105 |
Ywca Cass Clay Fargo, ND | $12,333,832 | $4,006,576 |
Central Wyoming Rescue Mission Casper, WY | $14,068,568 | $3,801,312 |
Montana Rescue Mission Billings, MT | $8,833,100 | $6,764,715 |
Womens Advocates Inc St Paul, MN | $3,690,924 | $2,897,854 |
Stepping Stone Emergency Housing Anoka, MN | $1,495,028 | $2,528,551 |