THE BEACON FOUNDATION INC A NON-PROFIT CORPORATION (EIN 411939919) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

JEFF ABRAHAMSON

Phone

6512452441

Tax Period

2023-01-01 to 2023-12-31

THE BEACON FOUNDATION INC A NON-PROFIT CORPORATION, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $5K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $66K exceeded revenue, resulting in a 1264% operating deficit.

Mission

THE FOUNDATION PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO U.S. BASED DELTA AIRLINES FLIGHT ATTENDANTS AND THEIR FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,303

Program Service Revenue $0

Investment Income $529

Other Revenue $0

TOTAL REVENUE $4,832

Expense Breakdown

Grants Paid $45,000

Salaries & Benefits $12,918

Fundraising Expenses $0

Program Expenses $45,000

Other Expenses $7,995

TOTAL EXPENSES $65,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,832	$6,022	-0.2%
Expenses	$65,913	$45,109	+0.5%
Net Income	$-61,081	$-39,087	+0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF ABRAHAMSON	PRESIDENT	2.00	Director	$0	$0	$0
BECKY CARROLL	VICE PRESIDENT	2.00	Director	$0	$0	$0
MAY CONWAY	SECRETARY	2.00	Director	$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
2023	$4,832	$65,913	$328,560	$-61,081
2022	$6,022	$45,109	$389,641	$-39,087
2021	$9,117	$37,654	$428,728	$-28,537
2020	$16,700	$35,382	$459,135	$-18,682
2019	$38,407	$74,103	$475,947	$-35,696
2018	$44,138	$47,721	$511,643	$-3,583

THE BEACON FOUNDATION INC A NON-PROFIT CORPORATION