THE BEACON RESOURCE CENTER INC (EIN 422963887) - 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

2011

Legal Domicile

Principal Officer

Jeffrey M Walker

Phone

5742065859

Tax Period

2023-07-01 to 2024-06-30

THE BEACON RESOURCE CENTER INC, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $139K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $183K exceeded revenue, resulting in a 32% operating deficit.

Mission

To provide space and programming (in partnership with other non-profits) to see transformation on the west-side of South Bend, IN. We have a GED program, ESL, Police Athletic League, general job training, etc

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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 $73,868

Program Service Revenue $64,730

Investment Income $0

Other Revenue $0

TOTAL REVENUE $138,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,725

Fundraising Expenses $0

Program Expenses $182,638

Other Expenses $118,913

TOTAL EXPENSES $182,638

Year-over-Year Comparison

	2023	2022	Change
Revenue	$138,598	$187,200	-0.3%
Expenses	$182,638	$227,661	-0.2%
Net Income	$-44,040	$-40,461	+0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

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

$60,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey M Walker	Executive Director	40	Key Emp	$0	$0	$60,000
David Phillips	Board Member	2	Director	$0	$0	$0
Cynthia Taylor	Board Member	1	Director	$0	$0	$0
Clark Glover	Vice President	3	Officer Director	$0	$0	$0
Adam Gustine	President and Board Member	5	Officer Director	$0	$0	$0
Marcie Gates	Secretary	3	Officer 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
2024	$138,598	$182,638	$672,872	$-44,040
2023	$187,200	$227,661	$695,847	$-40,461
2022	$188,062	$125,150	$660,589	$62,912
2021	$132,836	$107,415	$614,541	$25,421

THE BEACON RESOURCE CENTER INC