Beacon Community Foundation Inc

Organization Overview

Beacon Community Foundation Inc is located in Scobey, MT. The organization was established in 1996. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Community Foundation 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, Beacon Community Foundation Inc generated $152.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $144.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION ACCEPTS ENDOWMENT INVESTMENTS FROM INDIVIDUALS AND ORGANIZATIONS FOR CHARITABLE PURPOSES. THE FOUNDATION EARNS RETURNS ON SAID INVESTMENTS, PAYS OPERATING EXPENSES AND ISSUES GRANTS FOR CHARITABLE PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION ACCEPTS ENDOWMENT INVESTMENTS FROM INDIVIDUALS AND ORGANIZATIONS FOR CHARITABLE PURPOSES. THE FOUNDATION EARNS RETURNS ON SAID INVESTMENTS, PAYS OPERATING EXPENSES AND ISSUES GRANTS FOR CHARITABLE PURPOSES.


THE FOUNDATION OWNS AND OPERATES RICHARDSON THEATRE, WHICH PLAYS MOVIES FOR THE COMMUNITY EVERY FRIDAY, SATURDAY, AND SUNDAY. RICHARDSON THEATRE IS OPERATED SOLELY WITH VOLUNTEER LABOR.


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Board, Officers & Key Employees

Name (title)Compensation
Joan Bjarko
President
$0
James P Wolfe
Vice President
$0
Deanna Ferestad
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$19,203
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$19,203
Total Program Service Revenue$0
Investment income $30,500
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $9,000
Net Gain/Loss on Asset Sales $45,111
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $152,241

Peer Organizations

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Central Montana Foundation
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Black Hills Area Community Foundation
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Yellowstone Club Community Foundation
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Gallatin Ice Foundation Inc
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Park County Community Foundation
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Oahe Foundation
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Community Foundation Of Grand Forks East Grand Forks And Region
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Watertown Community Foundation
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Great Falls Public Schools Foundation
Great Falls, MT
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Billings Community Foundation
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St Josephs Community Health Foundation 06-25-98
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Better Billings Foundation
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$1,046,491
Milbank Community Foundation
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Foundation For Community Care Of Richland County Inc
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$1,251,319
Community Health Alliance
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$441,488

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