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Beacon Hill Preparatory Institute

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

EIN: 421624235 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Beacon Hill Preparatory Institute?

Beacon Hill Preparatory Institute is a nonprofit organization based in Dallas, Texas, specifically at 1402 Corinth Street Suite 257. Their primary mission is to support underprivileged K-5th grade students in public and charter schools in the Dallas/Fort Worth area. They achieve this by offering in-school math and reading tutoring, which each child receives for approximately two hours per week over a 30-week period. The tutoring sessions are conducted by trained teachers at a favorable 1:3 teacher-to-student ratio, utilizing a proven and structured curriculum from gideonmathandreading.com. Beyond academic support, Beacon Hill aims to empower families and students by providing parent education, college preparation, and enrichment activities in South Dallas and surrounding communities. The ultimate objective of this nonprofit is to bolster existing school systems and help students and their families prepare for future success. As of the information provided, Beacon Hill has a workforce of 68 dedicated individuals.


Official website here: www.beaconhillprep.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Beacon Hill Preparatory Institute has received an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With a perfect score of 100% for having an independent board and strong governance practices, the organization demonstrates a commitment to ethical operation and transparency.

The nonprofit has achieved a high program expense ratio of 81.52%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. This focus on effective program delivery suggests that the organization is dedicated to making a tangible impact in its area of service. Additionally, the absence of any material diversion of assets underscores its financial integrity.

While the ratings showcase many strengths, it's important for potential donors to consider how the organization communicates its impact and outcomes to stakeholders. Overall, Beacon Hill Preparatory Institute appears to be a well-managed nonprofit with strong fiscal practices and a commitment to its mission.


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

Is Beacon Hill Preparatory Institute legitimate?

Beacon Hill Preparatory Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon Hill Preparatory Institute 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: $153,985
Professional Fundraising Fees: $24,330
Other Salaries and Wages: $1,304,588

For more financial information, click here


Official website here: www.beaconhillprep.org

What is the mission statement of Beacon Hill Preparatory Institute?

Beacon Hill Preparatory Institute's mission is centered around enhancing the educational experiences of students and their families. The institution supplements existing school systems by offering reading and math tutoring, parent education, college preparation, and enrichment activities. Their primary focus is on supporting students in South Dallas and surrounding communities. By providing these services, Beacon Hill aims to prepare students for future success and equip families with the necessary tools for educational advancement. They achieve this through in-school tutoring sessions, using a proven curriculum and a teacher-student ratio of 1:3, for low-income K-5th grade students in public and charter schools in the Dallas/Fort Worth area.


Official website here: www.beaconhillprep.org

Who is the CEO of Beacon Hill Preparatory Institute?

Charnella Derry is the Executive Director of Beacon Hill Preparatory Institute.


Official website here: www.beaconhillprep.org

What is the revenue of Beacon Hill Preparatory Institute?

Beacon Hill Preparatory Institute's revenue in 2022 was $2,239,880.


Official website here: www.beaconhillprep.org

Who are the executives of Beacon Hill Preparatory Institute and what are their salaries?

The average compensation at Beacon Hill Preparatory Institute during 2022 was $21,450. There are 68 employees and 51 volunteers at Beacon Hill Preparatory Institute.


Here are 8 key members and their salaries:


Charnella Derry (Executive Director)
  • Compensation: $132,127
  • Related: $0
  • Other: $3,457
Robert T Bisor (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Llewellyn A Derry (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vista Lyons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan M Hamlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Steele (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Higgins (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sheahan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beaconhillprep.org

Where can I find the form 990 for Beacon Hill Preparatory Institute?

Beacon Hill Preparatory Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.beaconhillprep.org

Learn more at the official website: www.beaconhillprep.org

Mission Statement of Beacon Hill Preparatory Institute

Beacon Hill Preparatory Institute, a nonprofit organization, is committed to enhancing the educational experiences of students and supporting their families in South Dallas and surrounding communities. Its mission is multifaceted, encompassing the provision of academic support through reading and math tutoring for low-income K-5th grade students in local public and charter schools. The institute employs trained teachers who offer individualized tutoring sessions at a ratio of one teacher to three students, utilizing a structured and proven curriculum.

Beyond academic support, Beacon Hill Preparatory Institute also offers parent education programs, aiming to equip parents with the necessary skills to support their children's learning journey. Furthermore, the organization provides enrichment activities for students, fostering their personal growth and development. By supplementing existing school systems and offering these comprehensive services, Beacon Hill Preparatory Institute seeks to empower students and families, ultimately preparing them for future success.

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Impact




July, 2024

Beacon Hill Preparatory Institute's impact can be seen in the positive transformation it brings to low-income students in public and charter schools in the Dallas/Fort Worth area. By providing targeted math and reading tutoring, the institute equips K-5th grade students with the essential academic skills they need to succeed. The 1:3 teacher/student ratio ensures personalized attention, while the structured curriculum enhances learning outcomes. Additionally, Beacon Hill's focus on parent education, college preparation, and enrichment activities helps create a supportive ecosystem for both students and their families. Through these efforts, Beacon Hill Preparatory Institute plays a vital role in empowering students in South Dallas and surrounding communities to reach their full potential.




This information is meant to be a general summary of Beacon Hill Preparatory Institute. 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
$2,239,880 (2022)
Expenses
$2,056,817 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $557
  • Program Service Revenue: $1,692,650
  • Gross Receipts: $2,239,880

Assets and Liabilities:

  • Total Assets: $1,131,184
  • Total Liabilities: $254,999
  • Net Assets: $876,185

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

In-School Reading Tutoring

Revenue

$1,682,236

After School Math & Reading Tutoring

Revenue

$10,414

Organization Details

Founding Year

2004

Principal Officer

Charnella Derry

Main Address

1402 Corinth Street Suite 257, Dallas, TX, 75215

NTEE Category

Code: B99 - Education

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