Virtuous Beacon Association Virtuous Beacon Association

EIN: 473556694 501(c)(3) Employment

Memphis, TN

Total Revenue
$378,761
Total Expenses
$310,876
Total Assets
$67,885
Net Assets
N/A
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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
2015
Legal Domicile
TN
Principal Officer
ANDREA JAMERSON
Phone
9016282960
Tax Period
2022-01-01 to 2022-12-31

Virtuous Beacon Association Virtuous Beacon Association, founded in 2015, is a small nonprofit in the Employment sector that reported $379K in total revenue in fiscal year 2022. The organization ran a surplus of $68K, a strong 18% operating margin.

Mission

to assist in finding a career path by entering in non traditional occupations like public safety

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $261,858
Investment Income $116,903
Other Revenue $0
TOTAL REVENUE $378,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $293,596
Fundraising Expenses $0
Program Expenses $310,867
Other Expenses $17,280
TOTAL EXPENSES $310,876

Year-over-Year Comparison

2022 2021 Change
Revenue $378,761 N/A N/A
Expenses $310,876 N/A N/A
Net Income $67,885 N/A N/A
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
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
2
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA JAMERSON President 20.00
Highest
$47,160 $0 $47,160
ALEXANDERIA RALLINGS Secretary 40.00
Highest
$44,322 $0 $44,322
CHERON WHITE Manager 20.00
Highest
$3,991 $0 $3,991
KIMBERLY FORD Treasurer 20.00
Key Emp
$0 $0 $0
MARY BEDFORD Manager 20.00
Key Emp
$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
2022 $378,761 $310,876 $67,885 $67,885
2021 $339,542 $227,639 No data $111,903
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