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Nonprofiteer
← BEACON CHARITABLE PHARMACY INC

Form 990 for tax year 2024

Filed by BEACON CHARITABLE PHARMACY INC.

Totals

Total revenue
$6,024,644
Total expenses
$5,433,821
Contributions and grants received
$5,868,181
Grants paid
$0
Program service revenue
$113,512
Investment income
$10,138
Other revenue
$32,813
Total assets, end of year
$2,328,948
Total liabilities, end of year
$129,590
Net assets or fund balances, end of year
$2,199,358
Program services expenses (Part IX)
$5,324,305
Management and general expenses
$91,384
Fundraising expenses
$18,132
Program service expenses (Part III)
$5,324,305

Program services were 98.0% 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.

  • 1e · Government grants (contributions)

    $506,696

  • 1f · All other contributions, gifts and grants

    $5,361,485

  • 1g · Noncash contributions included above

    $4,601,431

  • 2a · Program service revenue: CLIENT FEES

    total $113,512 · related or exempt $113,512

  • 3 · Investment income

    total $10,138 · related or exempt $10,138

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

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $34,676

  • 8b · Fundraising events: direct expenses

    $5,148

  • 8c · Net income from fundraising events

    total $29,528

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS

    total $3,285 · related or exempt $3,285

  • 11e · Other revenue, total

    $3,285

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $132,300 · program services $114,157 · management and general $16,075 · fundraising $2,068

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $347,855 · program services $332,387 · management and general $12,734 · fundraising $2,734

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $3,524 · program services $3,277 · management and general $212 · fundraising $35

  • 10 · Payroll taxes

    total $38,521 · program services $35,825 · management and general $2,311 · fundraising $385

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $480 · program services $120 · management and general $360

  • 11c · Fees: accounting

    total $29,769 · program services $7,442 · management and general $22,327

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $9,942 · program services $9,942

  • 13 · Office expenses

    total $35,850 · program services $26,916 · management and general $2,737 · fundraising $6,197

  • 14 · Information technology

    total $16,238 · program services $4,060 · management and general $12,178

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $7,691 · program services $6,691 · management and general $1,000

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $64,580 · program services $56,185 · management and general $8,395

  • 23 · Insurance

    total $7,751 · program services $3,876 · management and general $3,875

  • 24a · Other expenses: PRESCRIPTIONS FILLED/DONATED

    total $4,601,431 · program services $4,601,431

  • 24b · Other expenses: PHARMACEUTICAL

    total $81,911 · program services $81,911

  • 24c · Other expenses: POSTAGE AND PRINTING

    total $9,240 · program services $8,593 · management and general $555 · fundraising $92

  • 24d · Other expenses: EDUCATION AND TRAVEL

    total $8,248 · program services $8,248

  • 24e · All other expenses

    total $38,490 · program services $23,244 · management and general $8,625 · fundraising $6,621

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $581,989 · end of year $222,228

  • 2 · Savings and temporary cash investments

    beginning of year $293,122 · end of year $246,481

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $100,000

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $322 · end of year $4,587

  • 10a · Land, buildings and equipment: cost or other basis

    $1,780,424

  • 10b · Land, buildings and equipment: accumulated depreciation

    $108,546

  • 10c · Land, buildings and equipment, net

    beginning of year $686,633 · end of year $1,671,878

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $73,550 · end of year $83,774

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $32,821 · end of year $129,590

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,186,493 · end of year $2,199,358

  • 28 · Net assets with donor restrictions

    beginning of year $416,302 · end of year $0

Mission and programs · 2024

Mission

PROVIDES ACCESS FOR THE MOST VULNERABLE POPULATIONS TO PHARMACEUTICALS AND EDUCATION THROUGH BEACON CHARITABLE PHARMACY. COLLABORATES WITH OTHER HEALTH CARE PROVIDERS AND COMMUNITY ORGANIZATIONS TO MAXIMIZE RESOURCES AND PROVIDE EFFECTIVE AND EFFICIENT SERVICES. BEACON CHARITABLE PHARMACY ADVOCATES, EDUCATES AND CULTIVATES SERVICES AND FUNDING TO SERVE THE MEDICATION NEEDS OF THE COMMUNITY.

Activities or mission (Part I)

Provides access for the most vulnerable populations to pharmaceuticals and education. Advocates, educates and cultivates services to serve medications needs of the community.

  • To provide assistance for low income residents of Stark County to obtain prescription medication. In 2024, BCP dispensed 24,111 prescription medications to 815 unique patients. The medications had an average Wholesale Price (AWP) or value of $4,601,431.

    Expenses $5,324,305 · Revenue $113,512

As filed on the 2024 return.

Listed in Part VII

  • William Hubert

    Key Employee

    Total calculated
    $139,050
    From this org
    $139,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Latrice Snodgrass

    Chief Executive Officer

    Total calculated
    $132,300
    From this org
    $132,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Garret Brown

    Director

    Total calculated
    $0
    Hours/week
    1
  • Latoya Dickens Jones

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • John Feucht

    Director

    Total calculated
    $0
    Hours/week
    1
  • Joe Chenevey

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Bishop

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jerry N Liliestedt

    Director

    Total calculated
    $0
    Hours/week
    1
  • Lisa Oesch

    Director

    Total calculated
    $0
    Hours/week
    1
  • Richard Kress

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Mandwel Patterson

    President

    Total calculated
    $0
    Hours/week
    1
  • Kyle Sobecki

    Immediate Past President

    Total calculated
    $0
    Hours/week
    1
  • Erin Domenico

    Director

    Total calculated
    $0
    Hours/week
    1
  • Pedro Chavez

    Director

    Total calculated
    $0
    Hours/week
    1
  • Katherine Tromp

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jacqueline Bollas Caldwell

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Steve Burger

    Director

    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
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503219349305085

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