Overview
What is Beacon Center Of Tennessee?
The Beacon Center of Tennessee is a nonprofit, nonpartisan research organization situated in Nashville, Tennessee. With a team of 13 individuals, its primary mission is to conduct empirical research on various policy reforms and analyze their impact on the lives of Tennessee residents. The center aims to provide expert, time-sensitive free-market policy solutions to public policy issues in Tennessee, empowering citizens to regain control over their lives and pursue their personal versions of the American Dream. By publishing research and related information on key policy matters, the Beacon Center serves as a valuable resource for concerned citizens, media, and public leaders, contributing to informed decision-making and positive change in Tennessee.
Official website here: www.beacontn.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Beacon Center of Tennessee has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The organization excels in various metrics, such as maintaining a fully independent board and achieving perfect scores in areas like financial transparency and oversight. Their program expense ratio of 78.09% demonstrates a strong commitment to their mission, ensuring that a significant portion of their funds directly supports their programs.
Strengths of the Beacon Center include a solid governance structure, as evidenced by their independent board members and comprehensive policies related to conflict of interest and whistleblower protections. The organization has also shown remarkable financial health, maintaining a low liabilities to assets ratio and high working capital, which suggests a sustainable operational model. Their fundraising efficiency is notable, with only $0.12 spent to raise each dollar, reflecting a commitment to minimizing costs while maximizing impact.
While the data highlights many strengths, it does not address any potential challenges or limitations faced by the organization. Overall, the Beacon Center of Tennessee stands out as a financially sound and well-governed nonprofit, making them a reputable choice for potential donors looking to support effective community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Beacon Center Of Tennessee legitimate?
Beacon Center Of Tennessee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Center Of Tennessee 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: $197,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,147,648
For more financial information, click here
Official website here: www.beacontn.org
What is the mission statement of Beacon Center Of Tennessee?
The Beacon Center of Tennessee is an independent, nonprofit, and nonpartisan research organization. Its mission is to provide expert empirical research and timely free-market policy solutions to public policy issues in Tennessee. The center aims to empower citizens, the media, and public leaders to reclaim control of their lives, enabling them to freely pursue their own interpretation of the American Dream. The Beacon Center serves as a resource, offering its findings to promote informed decision-making and advance free-market policies in the state.
Official website here: www.beacontn.org
Who is the CEO of Beacon Center Of Tennessee?
Justin Owen is the Chairman of Beacon Center Of Tennessee. The CEO's salary of Beacon Center Of Tennessee is $197,908 and their total compensation is $197,908.
Official website here: www.beacontn.org
What is the revenue of Beacon Center Of Tennessee?
Beacon Center Of Tennessee's revenue in 2022 was $2,131,822.
Official website here: www.beacontn.org
Who are the executives of Beacon Center Of Tennessee and what are their salaries?
The average compensation at Beacon Center Of Tennessee during 2022 was $103,504. There are 13 employees at Beacon Center Of Tennessee.
Here are 12 key members and their salaries (Beacon Center Of Tennessee's CEO's salary is $197,908 and their total compensation is $197,908):
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- Compensation: $197,908
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Official website here: www.beacontn.org
Where can I find the form 990 for Beacon Center Of Tennessee?
Beacon Center Of Tennessee's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beacontn.org
Learn more at the official website: www.beacontn.org
Mission Statement of Beacon Center Of Tennessee
The Beacon Center of Tennessee is an independent, nonprofit, and nonpartisan research organization. Its mission is to equip concerned citizens, the media, and public leaders with expert empirical research and timely free-market policy solutions to public policy issues in Tennessee. By doing so, the Beacon Center empowers Tennesseans to regain control over their lives, enabling them to freely pursue their unique version of the American Dream.
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Impact
August, 2024
The Beacon Center of Tennessee's impact lies in providing concerned citizens, the media, and public leaders with expert empirical research and timely free-market policy solutions to public policy issues in Tennessee. Through its research and policy analysis, the organization aims to empower Tennesseans to reclaim control of their lives and freely pursue their version of the American Dream.
This information is meant to be a general summary of Beacon Center Of Tennessee. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,645
- Gross Receipts: $2,131,822
Assets and Liabilities:
- Total Assets: $2,251,592
- Total Liabilities: $79,907
- Net Assets: $2,171,685
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Organization Details
Founding Year
2005
Phone
(615) 383-6431Principal Officer
Justin Owen
Main Address
1200 CLINTON ST 205, NASHVILLE, TN, 37203
Website
www.beacontn.orgNTEE Category
Code: W05 - Public benefit
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