BEACON COLLEGE INC

As filed

Subsection

03

Classification

2000

Street

105 E MAIN ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• BEACON WAS FOUNDED BY PARENTS IN ORDER TO MAKE A SUPERIOR HIGHER EDUCATION ACCESSIBLE TO STUDENTS WITH LEARNING DIFFERENCES. WHEN ESTABLISHED IN 1989, THE COLLEGE WAS GRANTED THE APPROVAL OF THE FLORIDA DEPARTMENT OF EDUCATION TO OFFER A FOCUSED LIBERAL ARTS-BASED CURRICULUM ALIGNED SPECIFICALLY TO THE LEARNING STYLES, SPECIALIZED INSTRUCTIONAL AND LIFESTYLE DEVELOPMENT NEEDS OF THESE STUDENTS. BEACON IS A FULLY ACCREDITATED FOUR-YEAR PRIVATE LIBERAL ARTS COLLEGE FOR STUDENTS SEEKING ASSOCIATE'S AND BACHELOR'S DEGREES. BEACON'S CAMPUS IN LEESBURG, FLORIDA CURRENTLY SERVES MORE THAN 500 DEGREE-SEEKING STUDENTS AND HUNDREDS MORE IN ITS TRANSITIONAL PROGRAMS.

  Expenses $33,323,132 · Grants $10,185,274 · Revenue $36,181,699

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $40,961,104

  Expenses

  $39,623,164

  Contributions

  $4,081,108

  Grants paid

  $10,185,274

• 2023

  Revenue

  $39,773,891

  Expenses

  $37,033,268

  Contributions

  $4,040,503

  Grants paid

  $9,384,551

• 2022

  Revenue

  $35,901,560

  Expenses

  $32,534,708

  Contributions

  $4,011,985

  Grants paid

  $7,798,195

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $30,570,342

  Expenses

  $28,524,688

  Assets (EOY)

  $34,273,982

• 2020 · 990

  Revenue

  $26,689,160

  Expenses

  $25,054,155

  Assets (EOY)

  $31,945,680

• 2019 · 990

  Revenue

  $23,924,953

  Expenses

  $22,499,441

  Assets (EOY)

  $29,665,092

• 2018 · 990

  Revenue

  $21,902,178

  Expenses

  $21,118,698

  Assets (EOY)

  $28,213,697

• 2017 · 990

  Revenue

  $18,881,498

  Expenses

  $17,554,920

  Assets (EOY)

  $21,625,162

• 2016 · 990

  Revenue

  $16,943,630

  Expenses

  $15,736,892

  Assets (EOY)

  $20,332,169

• 2015 · 990

  Revenue

  $11,379,490

  Expenses

  $11,154,675

  Assets (EOY)

  $13,240,990

• 2014 · 990

  Revenue

  $9,951,383

  Expenses

  $9,741,515

  Assets (EOY)

  $13,088,863

• 2013 · 990

  Revenue

  $8,153,700

  Expenses

  $8,337,062

  Assets (EOY)

  $10,625,052

• 2013 · 990

  Revenue

  $8,353,700

  Expenses

  $8,337,062

  Assets (EOY)

  $10,825,052

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $877,550

  2024 · For grant recipient's exempt purposes

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $770,000

  2024 · UNRESTRICTED GENERAL SUPPORT

• NATIONAL PHILANTHROPIC TR

  $535,000

  2023 · INTERNATIONAL

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $495,000

  2022 · For grant recipient's exempt purposes

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $425,000

  2022 · UNRESTRICTED GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $201,000

  2023 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $73,150

  2023 · EDUCATION

• RAYMOND JAMES CHARITABLE ENDOWMENT FUND

  $40,500

  2024 · GENERAL SUPPORT

• NATIONAL PHILANTHROPIC TR

  $25,000

  2022 · EDUCATION

• THE SAN DIEGO FOUNDATION

  $25,000

  2024 · FOR SCHOLARSHIPS

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files