BEACON CHARTER SCHOOL CORPORATION

EIN: 582672578 501(c)(3) Education

WOONSOCKET, RI

Total Revenue
$6,982,173
Total Expenses
$7,092,850
Total Assets
$4,527,741
Net Assets
$2,433,300
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
RI
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.

🔒

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%)

Sign In — Free (10 views/day)

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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
98
Volunteers
16

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
5
$175,844
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
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
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BEACON CHARTER SCHOOL CORPORATION with other nonprofits in Rhode Island and across the country.