BEACON LIGHTHOUSE INC

EIN: 237395720 501(c)(3) Diseases & Disorders

WICHITA FALLS, TX

Total Revenue
$6,978,247
Total Expenses
$7,117,196
Total Assets
$2,889,954
Net Assets
$1,973,776
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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
1974
Legal Domicile
TX
Principal Officer
JUDY KOETTER
Phone
9407670888
Tax Period
2024-10-01 to 2025-09-30

BEACON LIGHTHOUSE INC, founded in 1974, is a community nonprofit in the Diseases & Disorders sector that reported $7.0M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

OUR PURPOSE IS TO ENHANCE ECNOMIC AND PERSONAL INDEPENDENCE OF PEOPLE WHO ARE BLIND AND VISUALLY IMPAIRED, PRIMARILY THROUGH EMPLOYMENT IN THE MANUFACTURING AND SELLING OF QUALITY GOODS AND SERVICE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $177,510
Program Service Revenue $6,765,484
Investment Income $8,194
Other Revenue $27,059
TOTAL REVENUE $6,978,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $946,477
Fundraising Expenses $15,324
Program Expenses $6,312,832
Other Expenses $6,170,719
TOTAL EXPENSES $7,117,196

Year-over-Year Comparison

2024 2023 Change
Revenue $6,978,247 $7,430,666 -0.1%
Expenses $7,117,196 $7,495,793 -0.1%
Net Income $-138,949 $-65,127 +1.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
56
Volunteers
N/A

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
1
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BLAKE ANDREWS DIRECTOR N/A
Director
$0 $0 $0
CALVIN CARLTON DIRECTOR N/A
Director
$0 $0 $0
NOEL FILER DIRECTOR N/A
Director
$0 $0 $0
DR ROBERT FORRESTER CHAIRMAN N/A
Director
$0 $0 $0
ALAN FREEMAN DIRECTOR N/A
Director
$0 $0 $0
CHRIS HANSARD DIIRECTOR N/A
Director
$0 $0 $0
DR JENNY KISNER 2ND VICE CHA N/A
Director
$0 $0 $0
JOE KOSZAREK DIRECTOR N/A
Director
$0 $0 $0
KIMBERLEY MINTER DIRECTOR N/A
Director
$0 $0 $0
DR MIKE PATTERSON SEC/TREAS N/A
Director
$0 $0 $0
BILLY ROGERS DIRECTOR N/A
Director
$0 $0 $0
JUDY KOETTER PRESIDENT N/A
Officer
$0 $0 $0
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 $6,978,247 $7,117,196 $2,889,954 $-138,949
2024 $7,430,666 $7,495,793 $3,174,199 $-65,127
2023 $8,384,340 $7,822,039 $3,274,866 $562,301
2023 $4,619,217 $4,461,675 $3,400,141 $157,542
2022 $8,876,178 $8,977,217 $3,271,118 $-101,039
2021 $9,599,627 $9,862,912 $3,179,622 $-263,285
2020 $2,884,874 $3,009,101 $3,193,436 $-124,227
2019 $2,735,158 $2,926,593 $3,280,177 $-191,435
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