NonprofitsBeacon Academy Inc

Education

Beacon Academy Inc

BOSTON, MA

Total revenue

$3.0M

Total expenses

$3.0M

Net assets

$17.2M

Grants received

$13.7M

189 grants

EIN

731710051

Tax year

2023

Mission

Beacon academy provides a transformational year between 8th and 9th grades to promising, motivated and hard-working students from boston and surrounding urban areas. Inspired by a challenging curriculum and stimulating co-curricular experiences, students learn vital academic skills and develop habits of mind that empower them to change the trajecotry of their lives. They emerge as active learners with increased confidence, critical thinking skills, and broader vision, prepared to thrive at competitive, independent and public exam high schools that share our commitment to their success.

Programs

2 programs

The school- over beacon academy's intensive 14 months, 8+ hour school days include intense and high level academic instruction, co-curricular programming, study halls and then 2-3 hours of homework. Beacon starts in july with 5-weeks of summer school, continues through the academic year, and a second summer of individually tailored academic and enrichment programs. Experienced teachers, small classes and an engaging, rigorous curriculum ensure that students gain at least two years of learning in one year to prepare them for success in thecompetitive secondary schools. Beacon's core curriculum includes intensive math, english, history and science classes. Beacon students also participate in community service learning, nutrition and sports education and activities designed to increase their cultural fluency.

Expenses: $234K

Alumni program - the alumni program facilitates important and continuous connections between beacon alumni and our staff, volunteers, coaches and mentors. This ongoing engagement, support and guidance ensure our alumni's successs through high school, college and beyond. We know that our students, much like their peers from the same zip codes, face ongoing obstacles including a lack of rigorus academic preparation, campus isolation and the need for financial aid. Beacon addresses these issues in the following ways: five annual community alumni events, college preparation and application support, emergency funds, deep and ongoing relationships. Despite the best intentions of the fine institutions that accept and fund our students, beacon graduates encounter racism, isolation and other obstacles to their success in high school and college. The beacon academy alumni program guarantees support, guidance and a community of achievement through high school, college and beyond. Alumni program components: scheduled alumni events: we host many annual events such as high school and college seminars, a homecoming dance, a holiday party, college visits and advising, and a graduation luncheon, which jsa creates an ongoing alumni community. College support: we have actively developed our college support component of our alumni program. Components include: our own guide book designed to help students who are not familiar with the college application process, sat prep, essay writing workshops, interview preparation, advising, college visits and access to gap funding. Emergency fund: students may apply to beacon for ancillary items not covered by tuition to help them be full participants in high school and college such as eyeglasses, textbooks, field trip expenses and athletic equipment. Ongoing relationships: our small size and intense relationships endure. Students articulate that they turn to beacon friends first when struggling with issues of financial aid, domestic abuse or the college application process.

Financials

FY 2023

Revenue

Contributions & grants$2.8M
Program service revenue
Investment income$283K
Other revenue
Total revenue$3.0M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising$335K
Other expenses$1.3M
Total expenses$3.0M
Total assets$17.3M
Net assets$17.2M

People

32 listed

NameRoleCompensation

CHARLES E CARTER

CEO & HEAD OF SCHOOL

Board

$222K

50 hrs/wk

SCOTT STEELE

DIRECTOR OF FINANCE AND OP

Board

$116K

50 hrs/wk

CAROLYN MCCLINTOCK PETER

CHAIR EMERITAS

Board

2 hrs/wk

ANNA AFEYAN

TRUSTEE

Board

2 hrs/wk

JANET BERKELEY

TRUSTEE

Board

2 hrs/wk

NINA BOWMAN

TRUSTEE

Board

2 hrs/wk

TONY BROOKE

TRUSTEE

Board

2 hrs/wk

CHARLIE DAVIES

TRUSTEE

Board

2 hrs/wk

LISA DIADAMO

TRUSTEE

Board

2 hrs/wk

JENNIFER DOLINS

TRUSTEE

Board

2 hrs/wk

HENRY FAIRFAX

TRUSTEE

Board

2 hrs/wk

GEORGIA FELDMAN

TRUSTEE

Board

2 hrs/wk

REBECCA MAILER-HOWAT

TRUSTEE

Board

2 hrs/wk

ELLIE LOUGHLIN

CHAIR

Board

2 hrs/wk

KNEIDE NASCIMENTO

TRUSTEE

Board

2 hrs/wk

TASHA ODEMWINGIE

TRUSTEE

Board

2 hrs/wk

ELAINE O'CONNELL

TRUSTEE

Board

2 hrs/wk

JUAN RODRIGUEZ

TRUSTEE

Board

2 hrs/wk

MICHAEL RUBENSTEIN

TRUSTEE

Board

2 hrs/wk

ANN RYAN

TRUSTEE

Board

2 hrs/wk

CAROLYN STAFFORD STEIN

TRUSTEE

Board

2 hrs/wk

BETH STONEBRAKER

TRUSTEE

Board

2 hrs/wk

KYLE UMEMBA

TRUSTEE

Board

2 hrs/wk

ELI WARD

TRUSTEE

Board

2 hrs/wk

JANET NAHIRNY

TRUSTEE

Board

2 hrs/wk

JESSICA LUTZKER

VICE CHAIR

Board

2 hrs/wk

JULIE MCKENNA

TREASURER

Board

2 hrs/wk

DAYNA ATKINS

CLERK

Board

2 hrs/wk

AMY MCCARTHY

CHAIR

Board

2 hrs/wk

NICOLE BAKER

DIRECTOR OF DEVELOPMENT AND ENGAGEMENT

Staff

$110K

40 hrs/wk

ANNE-MARIE YU-PHELPS

ENGLISH TEACHER

Staff

$102K

40 hrs/wk

ERIC NETT

DIRECTOR OF ENROLLMENT

Staff

$101K

40 hrs/wk

Independent contractors

AEGEAN BUILDERS

CONSTRUCTION SERVICES

$310K

Grants received

Showing 189 of 189

FromAmountPurposeYear
$35K
UNRESTRICTED GENERAL SUPPORT
2024
$20K
SUPPORT PROGRAM THAT PREPARES HIGHLY MOTIVATED STUDENTS FROM COMMUNITIES WITH LIMITED RESOURCES TO SUCCEED IN COMPETITIVE HIGH SCHOOLS, COLLEGES AND CAREERS
2024
$3K
GENERAL OPERTATING SUPPORT
2024
$3K
General & Unrestricted
2024
$1K
General Support
2024
$815K
For grant recipient's exempt purposes
2023
$215K
General & Unrestricted
2023
$100K
General Operating Support
2023
$100K
ALUMNI AND SUMMER PROGRAMS
2023
$100K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$70K
Operating Support/Annual Fund
2023
$30K
BEACON ACADEMY ALUMNI PROGRAM
2023
$30K
BEACON ACADEMY ALUMNI PROGRAM
2023
$28K
HUMAN SERVICES
2023
$20K
TO PROVIDE SUPPORT FOR THE NEEDS OF THE ORGANIZATION.
2023
$20K
TO PROVIDE SUPPORT FOR THE NEEDS OF THE ORGANIZATION.
2023
$15K
SUPPORT PROGRAM THAT PREPARES HIGHLY MOTIVATED STUDENTS FROM COMMUNITIES WITH LIMITED RESOURCES TO SUCCEED IN COMPETITIVE HIGH SCHOOLS, COLLEGES AND CAREERS
2023
$7K
TO SUPPORT PROGRAM TO PREPARE DISADVANTAGED URBAN STUDENTS FOR HIGHER EDUCATION.
2023
$5K
GENERAL EXPENDITURE
2023
$5K
General Purposes
2023
$1K
TO BENEFIT THE COMMUNITY
2023
$1K
TO CARRY OUT PHILANTHROPIC PURPOSE
2023
$500
GENERAL SUPPORT
2023
$500
EDUCATION
2023
$300
GENERAL USE
2023
$250
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2023
$824K
For grant recipient's exempt purposes
2022
$210K
PROVIDING RESOURCES FOR THE EDUCATION OF YOUNG STUDENTS
2022
$92K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$75K
ALUMNI AND SUMMER PROGRAMS
2022
$25K
BEACON ACADEMY ALUMNI PROGRAM
2022
$25K
FOR OPERATING AND PROGRAM SUPPORT
2022
$21K
Operating Support/Annual Fund
2022
$20K
TO PROVIDE SUPPORT FOR THE NEEDS OF THE ORGANIZATION.
2022
$12K
SUPPORT EDUCATIONAL AND CREATIVE ENDEAVORS OF UNDERSERVED YOUTH IN BOSTON
2022
$10K
OPERATIONS
2022
$10K
UNRESTRICTED GIFT FOR GENERAL PURPOSES.
2022
$6K
TO SUPPORT PROGRAM TO PREPARE DISADVANTAGED URBAN STUDENTS FOR HIGHER EDUCATION.
2022
$5K
2022 INFLATION RECOGNITION GRANTS
2022
$5K
general support
2022
$1K
General Support
2022
$500
MATCHING GIFTS TO EDUCATION
2022
$500
GENERAL SUPPORT
2022
$500
TO CARRY OUT PHILANTHROPIC PURPOSE
2022
$300
IN HONOR OF JULIA ROWNY
2022
$250
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2022
$185
EDUCATION
2022
$100
GENERAL PURPOSE
2022
$708K
For grant recipient's exempt purposes
2021
$708K
For grant recipient's exempt purposes
2021
$141K
For recipient's exempt purpose
2021
$88K
Operating Support/Annual Fund
2021
$75K
ALUMNI AND SUMMER PROGRAMS
2021
$25K
FOR OPERATING AND PROGRAM SUPPORT.
2021
$20K
Funding of Charitable Operations
2021
$20K
EDUCATIONAL
2021
$10K
SUPPORT EDUCATIONAL AND CREATIVE ENDEAVORS OF UNDERSERVED YOUTH IN BOSTON
2021
$8K
General Support
2021
$5K
EXEMPT PURPOSE
2021
$250
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2021
$200
GENERAL OPERATING SUPPORT
2021
$883K
For grant recipient's exempt purposes
2020
$188K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$100K
New Home Capital Campaign (2nd annual pmt out of five Total)
2020
$100K
Providing resources for the education of young students
2020
$75K
ALUMNI AND SUMMER PROGRAMS
2020
$45K
Operating Support/Annual Fund
2020
$40K
Providing resources for the education of young students
2020
$40K
Providing resources for the education of young students
2020
$30K
FOR OPERATING AND PROGRAM SUPPORT.
2020
$25K
Providing resources for the education of young students
2020
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2020
$25K
TO PROVIDE A TRANSFORMATIONAL YEAR BETWEEN 8TH AND 9TH GRADES TO PROMISING, MOTIVATED AND HARD-WORKING STUDENTS FROM BOSTON AND SURROUNDING URBAN AREAS. INSPIRED BY A CHALLENGING CURRICULUM AND STIMULATING CO-CURRICULAR EXPERIENCES, STUDENTS LEARN VITAL ACADEMIC SKILLS AND DEVELOP HABITS OF MIND THAT EMPOWER THEM TO CHANGE THE TRAJECTORY OF THEIR LIVES. THEY EMERGE AS ACTIVE LEARNERS WITH INCREASED CONFIDENCE, CRITICAL THINKING SKILLS, AND BROADER VISION, PREPARED TO THRIVE AT COMPETITIVE INDEPENDENT HIGH SCHOOLS THAT SHARE OUR COMMITMENT TO THEIR SUCCESS. BEACON ACADEMY SUPPORTS ITS ALUMNI AS THEY CONTINUE THEIR JOURNEYS. THE SCHOOL WELCOMES OPPORTUNITIES TO WORK IN PARTNERSHIP WITH TEACHERS AND SCHOOLS TO HELP CREATE AND MAINTAIN INCLUSIVE COMMUNITIES FOR ALL.
2020
$25K
BEACON ACADEMY ALUMNI PROGRAM
2020
$20K
EDUCATIONAL
2020
$20K
TO PROVIDE SUPPORT FOR THE NEEDS OF THE ORGANIZATION.
2020
$10K
SUPPORT EDUCATIONAL AND CREATIVE ENDEAVORS OF UNDERSERVED YOUTH IN BOSTON
2020
$10K
SUPPORT FOR CURRENT PROGRAMS
2020
$10K
General Support
2020
$10K
COVID-19 RESPONSE 2020
2020
$5K
Unrestricted
2020
$5K
CHARITABLE GENERAL PURPOSE
2020
$2K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2020
$1K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2020
$500
GENERAL PURPOSE
2020
$500
GENERAL SUPPORT
2020
$250
GENERAL CHARITABLE PURPOSE
2020
$250
GENERAL FUND
2020
$250
Scholarship
2020
$250
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2020
$100
PROGRAM SUPPORT
2020
$50
GENERAL OPERATING SUPPORT
2020
$2.0M
For grant recipient's exempt purposes
2019
$31K
Operating Support/Annual Fund
2019
$15K
UNRESTRICTED
2019
$10K
SUPPORT THE STUDENTS' SUMMER PROGRAMS AS WELL AS ONE INTERNSHIP THAT WILL FOCUS ON AN EDUCATIONAL ENDEAVOR
2019
$10K
Unrestricted
2019
$10K
UNRESTRICTED GENERAL SUPPORT
2019
$639K
For grant recipient's exempt purposes
2018
$65K
Unrestricted
2018
$50K
ALUMNI PROGRAM
2018
$25K
SUMMER PROGRAMS
2018
$15K
EDUCATIONAL
2018
$10K
GENERAL PURPOSES OF THE ORGANIZATION
2018
$5K
PROGRAM/OPERATING SUPPORT
2018
$500
EDUCATION GRANT
2018
$100
PROGRAM/OPERATING SUPPORT
2018
$466K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$50K
Unrestricted
2017
$30K
EDUCATIONAL ANNUAL OPERATING SUPPORT
2017
$21K
Operating Support
2017
$1K
Education
2017

Funded by

$13.7M from 78 funders · 189 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$7.1M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$1.9M · 7 grants · 2017–2023

Afeyan Family Foundation

$730K · 7 grants · 2020–2023

Vanguard Charitable Endowment Program

$519K · 4 grants · 2020–2023

The Jack Satter Foundation

$400K · 6 grants · 2018–2023

Boston Foundation Inc

$277K · 8 grants · 2017–2023

The Hearthstone Charitable Foundation

$210K · 5 grants · 2018–2023

Details

EIN731710051
NTEE codeB28
Subsection03
Ruling date2005-05
Formed2005
Employees18
Volunteers250
BEACON ACADEMY INC — Mission, Financials & Grants Received | Grantivo