BEAM FOUNDATION

EIN: 562012602 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$200,646
Total Expenses
$216,209
Total Assets
$223,093
Net Assets
$222,413
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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
1997
Legal Domicile
NC
Principal Officer
T BRIAN GEORGE
Phone
7047261472
Tax Period
2022-01-01 to 2022-12-31

BEAM FOUNDATION, founded in 1997, is a small nonprofit in the Education sector that reported $201K in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE COMMUNITY SERVICE, LEADERSHIP DEVELOPMENT, AND EDUCATIONAL OPPORTUNITIES TO HIGH-RISK YOUTH AND ADULTS IN SPECIAL SITUATIONS.

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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 $200,616
Program Service Revenue $0
Investment Income $30
Other Revenue $0
TOTAL REVENUE $200,646

Expense Breakdown

Grants Paid $96,427
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $213,014
Other Expenses $119,782
TOTAL EXPENSES $216,209

Year-over-Year Comparison

2022 2021 Change
Revenue $200,646 $182,218 +0.1%
Expenses $216,209 $114,036 +0.9%
Net Income $-15,563 $68,182 -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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
26

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
T BRIAN GEORGE PRESIDENT 10.00
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
2022 $200,646 $216,209 $223,093 $-15,563
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