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Nonprofiteer
← BEACON HILL PREPARATORY INSTITUTE

Form 990 for tax year 2023

Filed by BEACON HILL PREPARATORY INSTITUTE.

Totals

Total revenue
$4,047,855
Total expenses
$3,875,519
Contributions and grants received
$1,259,595
Grants paid
$0
Program service revenue
$2,760,625
Investment income
$27,635
Other revenue
$0
Total assets, end of year
$2,347,063
Total liabilities, end of year
$200,160
Net assets or fund balances, end of year
$2,146,903
Program services expenses (Part IX)
$3,200,683
Management and general expenses
$557,353
Fundraising expenses
$117,483
Program service expenses (Part III)
$3,200,683

Program services were 82.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $62,652

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,196,943

  • 1g · Noncash contributions included above

    $128,057

  • 2a · Program service revenue: In-School Tutoring

    total $2,625,500 · related or exempt $2,625,500 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $135,125 · related or exempt $135,125 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $27,635 · related or exempt $0 · unrelated business $0 · excluded $27,635

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $131,852 · program services $105,482 · management and general $13,185 · fundraising $13,185

  • 7 · Other salaries and wages

    total $2,468,637 · program services $2,373,951 · management and general $47,960 · fundraising $46,726

  • 9 · Other employee benefits

    total $224,061 · program services $123,839 · management and general $97,432 · fundraising $2,790

  • 10 · Payroll taxes

    total $190,405 · program services $181,541 · management and general $4,477 · fundraising $4,387

  • 11b · Fees: legal

    total $8,362 · program services $1,052 · management and general $6,513 · fundraising $797

  • 11c · Fees: accounting

    total $48,186 · program services $6,063 · management and general $37,532 · fundraising $4,591

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $3,213 · fundraising $3,213

  • 11g · Fees: other

    total $215,634 · program services $27,535 · management and general $170,459 · fundraising $17,640

  • 12 · Advertising and promotion

    total $24,151 · program services $5,446 · management and general $12,477 · fundraising $6,228

  • 13 · Office expenses

    total $457,966 · program services $358,032 · management and general $85,847 · fundraising $14,087

  • 14 · Information technology

    total $56,322 · program services $3,189 · management and general $50,836 · fundraising $2,297

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $22,371 · program services $12,335 · management and general $8,494 · fundraising $1,542

  • 17 · Travel

    total $3,569 · program services $909 · management and general $2,660 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $7,612 · program services $0 · management and general $7,612 · fundraising $0

  • 20 · Interest

    total $3,994 · program services $0 · management and general $3,994 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $9,184 · program services $1,309 · management and general $7,875 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $646,192 · end of year $91,989

  • 2 · Savings and temporary cash investments

    beginning of year $1,151,879 · end of year $1,926,247

  • 4 · Accounts receivable

    beginning of year $340,389 · end of year $303,741

  • 8 · Inventories for sale or use

    beginning of year $10,633 · end of year $25,086

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,309

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,316 · end of year $59,288

  • 24 · Unsecured notes and loans payable

    beginning of year $148,519 · end of year $140,872

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,674,567 · end of year $1,971,903

  • 28 · Net assets with donor restrictions

    beginning of year $300,000 · end of year $175,000

Mission and programs · 2023

Mission

Beacon Hill supplements existing school systems and prepares students and families for success by providing reading and math tutoring, parent education, college preparation, and enrichment activities for students in Southern Dallas, Fort Worth, and surrounding communities.

  • Beacon Hill provides in-school math and reading tutoring for low-income PreK-8th grade students in public and charter schools across the Dallas/Fort Worth area and surrounding communities. Using the Gideon Curriculum, students receive two hours of tutoring per week per subject for 30 weeks in small groups (1:3 teacher/student ratio) within dedicated Learning Labs. All tutoring is provided by certified, degreed professionals who are part of our paid staff, ensuring high-quality instruction. The program focuses on early intervention, primarily supporting Tier 2 and Tier 3 students who need targeted assistance. In 2023-24, we served over 1,775 students, with 90% progressing toward grade-level proficiency. The program also includes enrichment activities, incentives, and an ESL initiative to support diverse learners. This structured approach leads to measurable academic growth, with 9 out of 10 students improving their grades, test scores, and classroom behavior. Financial literacy is integrated through partnerships with the banking community, where industry professionals teach students and staff essential financial concepts. Additionally, each Learning Lab includes a Beacon Hill Store, where students earn Beacon Hill Bucks for attendance, participation, and academic progress. These can be used to purchase prizes, toys, and incentives donated by Toys for Tots and community partners. Additionally, 355 parents participated in Parent Academy, providing guidance on supporting their child's education.

    Expenses $2,611,135 · Revenue $2,508,760

  • Beacon Hill's after-school program extends learning beyond the school day for PreK-12th grade students, reinforcing key academic skills in math and reading using the Gideon Curriculum. Younger students (PreK-2nd grade) receive assisted learning (3:1 ratio), while older students (3rd-12th grade) transition to a more independent (4:1 ratio) learning structure. Each Learning Lab is equipped with engaging Reading, Math, Writing, and Technology Centers, leveled libraries, and hands-on manipulatives to foster a dynamic and interactive learning environment. Students receive structured support to improve literacy, comprehension, and problem-solving skills. Beyond academics, the program includes technology, arts, social-emotional learning, and financial literacy enrichments to provide a holistic educational experience. In 2023-24, all students received supplemental programming in addition to tutoring. Parent Academy workshops ensure families are equipped to support their child's success. By combining academic rigor with engaging activities, the after-school program fosters confidence and achievement in students.

    Expenses $208,849 · Revenue $134,736

  • Beacon Hill's Summer Bridge Enrichment Camps prevent summer learning loss by providing structured math and reading intervention using the Gideon Curriculum, combined with engaging, hands-on enrichment activities. Besides academic instruction, campers participate in Math Mania challenges, mental math competitions, and interactive math enrichment activities that make learning numbers fun. Reading is reinforced through Book Talks, where students discuss stories, and Spelling Bees, which build vocabulary in an exciting way. Writing is enhanced through creative and structured writing enrichment, while art activities provide a creative outlet that keeps students engaged.

    Expenses $380,699 · Revenue $117,129

As filed on the 2023 return.

Listed in Part VII

  • Charnella Derry

    President & CEO

    Total calculated
    $133,051
    From this org
    $125,976
    From related orgs
    $0
    Other
    $7,075
    Hours/week
    40

  • Robert T Bisor

    Board Chair

    Total calculated
    $0
    Hours/week
    3

  • Troy Higgins

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Jan M Hamlin

    Treasurer

    Total calculated
    $0
    Hours/week
    5

  • Buena Vista Lyons

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • David Sheahan

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sharron Steele-Blythe

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Adam Rivers

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sile Robinson

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v6.0
Source object
202510429349301531

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