BEACON CHARTER SCHOOL CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

DR MICHAEL SKELDON

Phone

4016716261

Tax Period

2023-07-01 to 2024-06-30

BEACON CHARTER SCHOOL CORPORATION, founded in 2003, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2023.

Mission

BEACON CHARTER SCHOOLS DEVELOPS ARTISTIC THINKERS BY NURTURING SELF-EXPRESSION WHILE PREPARING OUR GRADUATES WITH THE ACADEMIC SKILLS NECESSARY FOR SUSTAINED POST-SECONDARY SUCCESS.

Program Service Accomplishments

Program 1

Expenses: $5,790,878 Revenue: $218,282

BEACON CHARTER SCHOOLS, LOCATED IN WOONSOCKET, RHODE ISLAND CURRENTLY SERVES OVER 399 STUDENT ARTISTS FROM CITIES AND TOWNS ACROSS RHODE ISLAND. BEACON CHARTER HIGH SCHOOL FOR THE ARTS OPENED IN 2003 TO BRING EDUCATIONAL ALTERNATIVES TO THE COMMUNITY. THE SCHOOL COMBINES A HIGH SCHOOL COLLEGE PREPARATORY PROGRAM WITH VISUAL, PERFORMING, AND CULINARY ARTS. FOUNDERS ACADEMY WAS OPENED IN 2015 SERVING GRADES 6-8, TO FOCUS ON STRENGTHENING STUDENTS' CORE ACADEMIC SKILLS WHILE INTRODUCING THEM TO BEACON'S THREE CORNERSTONE ARTS PROGRAMS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,662,173

Program Service Revenue $218,282

Investment Income $47,311

Other Revenue $54,407

TOTAL REVENUE $6,982,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,977,475

Fundraising Expenses $0

Program Expenses $5,790,878

Other Expenses $2,115,375

TOTAL EXPENSES $7,092,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,982,173	$6,878,107	+0.0%
Expenses	$7,092,850	$6,779,468	+0.0%
Net Income	$-110,677	$98,639	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$175,844

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVEE ROBINSON	CHAIR	2.00	Officer Director	$0	$0	$0
WADE RICHMOND	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KAREN STIRLING	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL SMITH	SECRETARY	2.00	Officer Director	$0	$0	$0
JOSEPH GARLICK	MEMBER	2.00	Director	$0	$0	$0
MARLON CAREY	MEMBER	2.00	Director	$0	$0	$0
GARRETT MANCIERI	MEMBER	2.00	Director	$0	$0	$0
ANGELA GONZALEZ	MEMBER	2.00	Director	$0	$0	$0
DEANA MARZOCCHI	MEMBER	2.00	Director	$0	$0	$0
ALLAN PIEKOS	MEMBER	2.00	Director	$0	$0	$0
MICHAEL ALMONTE	MEMBER	2.00	Director	$0	$0	$0
STUMP EVANS	MEMBER	2.00	Director	$0	$0	$0
SENGKEO BOUCHARD	MEMBER	2.00	Director	$0	$0	$0
FRANCIS TWEEDIE EDD	MEMBER EMERITUS	2.00	Director	$0	$0	$0
GEORGE COSTA	MEMBER EMERITUS	2.00	Director	$0	$0	$0
JENNIFER JOLICOEUR	MEMBER (UNTIL 5/1/24)	2.00	Director	$0	$0	$0
MICHAEL SKELDON EDD	SUPERINTENDENT	35.00	Officer	$137,753	$38,091	$175,844
ROBIN WOODWARD	PRINCIPAL	35.00	Highest	$114,280	$38,641	$152,921

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	No data	No data	No data	No data
2024	$6,982,173	$7,092,850	$4,527,741	$-110,677
2023	$6,878,107	$6,779,468	$4,783,919	$98,639
2022	$6,505,316	$6,414,138	$3,594,792	$91,178
2021	$5,839,594	$5,467,667	$3,470,518	$371,927
2020	$5,360,224	$5,400,942	$3,432,281	$-40,718
2019	$5,325,395	$5,426,689	$3,126,023	$-101,294
2018	$5,364,290	$4,856,078	$3,253,597	$508,212