FRIENDS OF BEACON

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

CHELSEA SOBRASKE

Phone

7635469999

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF BEACON, founded in 2016, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024.

Mission

TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO BEACON ACADEMY.

Program Service Accomplishments

Program 1

Expenses: $1,190,170 Revenue: $1,113,388

TO ACQUIRE AND MAINTAIN REAL PROPERTY FOR LEASE TO BEACON ACADEMY. THE COMPANY ISSUED TAX EXEMPT DEBT IN 2018 FOR ACQUISITION AND RENOVATION OF THE CURRENT SCHOOL SITE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,113,388

Investment Income $66,805

Other Revenue $29,888

TOTAL REVENUE $1,210,081

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,190,170

Other Expenses $1,190,170

TOTAL EXPENSES $1,190,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,210,081	$1,226,809	0.0%
Expenses	$1,190,170	$1,322,973	-0.1%
Net Income	$19,911	$-96,164	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$113,712

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN MARIE RODER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHELSEA SOBRASKE	TREASURER	1.00	Officer Director	$0	$0	$0
ELDRED BACH	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL REEDER	PRINCIPAL	1.00	Officer	$0	$11,298	$113,712

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,210,081	$1,190,170	$13,173,422	$19,911
2024	$1,226,809	$1,322,973	$13,434,869	$-96,164
2023	$1,181,373	$1,290,363	$13,802,411	$-108,990
2022	$1,126,256	$1,215,803	$14,177,825	$-89,547
2021	$1,116,476	$1,257,677	$14,522,750	$-141,201
2020	$1,240,860	$1,372,314	$14,895,902	$-131,454
2019	$1,069,647	$1,240,029	$15,213,110	$-170,382
2018	$1,300,421	$1,194,702	$15,594,556	$105,719