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Beacon Preservation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141991558 ✦ New milford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Beacon Preservation Inc?

Beacon Preservation Inc, located at 7 Juniper Lane, New Milford, Connecticut, is a dedicated nonprofit organization with a focus on historic preservation. Their primary mission is to promote cultural and educational value through their activities. One of their initiatives is offering public tours of the Goose Rocks Lighthouse, providing visitors an opportunity to immerse themselves in the lighthouse's rich history and explore the surrounding site. The organization's primary purpose lies in preserving historical landmarks and sharing their significance with the public, contributing to a greater understanding of the past.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 13%

Beacon Preservation Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has an overall score of just 13%, reflecting a lack of independent oversight, as evidenced by 0% independent board members. Additionally, the charity's financial transparency is called into question due to the absence of essential policies and documents on its website.

Strengths noted include the absence of material diversion of assets, which suggests that funds have not been misappropriated. However, the organization faces critical limitations, particularly in governance and financial reporting. Key policies such as conflict of interest and whistleblower protections are missing, and the program expense ratio is alarmingly low at 8.84%, raising doubts about the effectiveness and focus of its charitable activities.

Overall, the rating highlights serious issues that potential donors and stakeholders should consider before engaging with Beacon Preservation Inc. Without improvement in governance and financial accountability, the charity may struggle to gain the trust necessary to fulfill its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Beacon Preservation Inc legitimate?

Beacon Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Preservation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Beacon Preservation Inc?

Beacon Preservation Inc is dedicated to the preservation of historical sites for both cultural and educational purposes. Their mission is centered around maintaining and showcasing these historical landmarks, with a primary focus on Goose Rocks Lighthouse. They offer public tours to allow individuals to delve into the rich history of the lighthouse and explore the surrounding site. Through these tours, Beacon Preservation Inc aims to educate and engage the public, fostering an appreciation for historical preservation and its significance.

Who is the CEO of Beacon Preservation Inc?

Kathleen Jordan is the President of Beacon Preservation Inc.

What is the revenue of Beacon Preservation Inc?

Beacon Preservation Inc's revenue in 2022 was $0.

Who are the executives of Beacon Preservation Inc and what are their salaries?


There is 1 key member and their salary:


Kathleen Jordan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beacon Preservation Inc?

Beacon Preservation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beacon Preservation Inc

Beacon Preservation Inc, a nonprofit organization, is dedicated to the preservation of historical sites for the purpose of cultural enrichment and education. Their mission revolves around safeguarding historical landmarks, with a particular focus on promoting understanding and appreciation of the past. One of their initiatives involves offering public tours of the Goose Rocks Lighthouse, a historical attraction that allows visitors to delve into the lighthouse's rich history and explore the surrounding site. Through these tours, Beacon Preservation Inc aims to educate and engage the public in the preservation and appreciation of historical sites, thereby fostering a deeper connection with our cultural heritage.

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Impact




October, 2024

Beacon Preservation Inc plays a vital role in safeguarding and promoting the historical significance of the Goose Rocks Lighthouse in New Milford, CT. Through cultural tours, the organization allows the public to engage with the rich history of the lighthouse, deepening community appreciation for local heritage. By providing educational experiences centered around the lighthouse, Beacon Preservation Inc fosters a connection to the past and encourages a broader understanding of cultural preservation. Through its dedicated efforts, the organization not only preserves an important historical site but also enhances the community's cultural landscape and promotes learning opportunities in the arts and history.




This information is meant to be a general summary of Beacon Preservation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2022)
Expenses
$7,252 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $225,813
    • Total Liabilities: $233,065
    • Net Assets: -$7,252

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    Organization Details

    Founding Year

    2006

    Principal Officer

    Kathleen Jordan

    Main Address

    7 Juniper Lane, New Milford, CT, 06776

    NTEE Category

    Code: A80 - Arts

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