Overview
What is Rochester Beacon Academy?
Rochester Beacon Academy, located at 974 Skyline Drive SW, Rochester, Minnesota 55902, is a nonprofit organization dedicated to providing equal educational opportunities for students in grades 6-12. Their mission is to create a secure learning environment in a secondary setting, taking into account the unique needs of each learner, enabling them to reach their full potential and seamlessly integrate into their community with success. In the fiscal year 2022, approximately 92 students benefited from their services. With a staff of 56 individuals, Rochester Beacon Academy maintains a commitment to nurturing and empowering young minds.
Official website here: www.rochesterbeaconacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Rochester Beacon Academy has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81% based entirely on its Accountability & Finance metrics. The organization demonstrates strong governance practices, with a fully independent board and robust financial oversight. Additionally, it maintains high scores in key areas, such as conflict of interest and whistleblower policies, indicating a commitment to transparency and ethical management.
One of the organization’s strengths is its impressive program expense ratio of 89.40%, showcasing a significant portion of funding directed toward its programs rather than administrative costs. This focus on programmatic impact is a positive indicator of its operational efficiency and dedication to fulfilling its mission. The presence of documented board meeting minutes further highlights a commitment to accountability and informed decision-making.
However, the organization faces a notable limitation reflected in its liabilities to assets ratio of 165.58%, which indicates that its liabilities exceed its assets significantly. While the high program expense ratio is commendable, the financial stability of the nonprofit could be a concern for potential donors and stakeholders, warranting attention to its overall financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Rochester Beacon Academy legitimate?
Rochester Beacon Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Beacon Academy 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: $230,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $995,138
For more financial information, click here
Official website here: www.rochesterbeaconacademy.org
What is the mission statement of Rochester Beacon Academy?
Rochester Beacon Academy's mission is centered around providing a secure learning environment in a secondary setting. This encompasses respecting the individual and catering to the diverse needs of learners, enabling them to reach their full potential. The academy fosters an atmosphere that encourages students to succeed and ultimately integrate into their community. Additionally, the academy serves approximately 92 students in grades 6-12, aiming to provide equal opportunities for academic achievement.
Official website here: www.rochesterbeaconacademy.org
Who is the CEO of Rochester Beacon Academy?
Jennifer Reiling is the Board Chair of Rochester Beacon Academy.
Official website here: www.rochesterbeaconacademy.org
What is the revenue of Rochester Beacon Academy?
Rochester Beacon Academy's revenue in 2022 was $2,650,658.
Official website here: www.rochesterbeaconacademy.org
Who are the executives of Rochester Beacon Academy and what are their salaries?
The average compensation at Rochester Beacon Academy during 2022 was $21,893. There are 56 employees and 9 volunteers at Rochester Beacon Academy.
Here are 10 key members and their salaries:
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- Compensation: $41,403
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- Other: $15,450
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- Compensation: $59,827
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- Other: $4,929
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- Compensation: $83,009
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- Other: $7,212
Official website here: www.rochesterbeaconacademy.org
Where can I find the form 990 for Rochester Beacon Academy?
Rochester Beacon Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rochesterbeaconacademy.org
Learn more at the official website: www.rochesterbeaconacademy.org
Mission Statement of Rochester Beacon Academy
Rochester Beacon Academy, a secondary educational institution, is committed to creating a secure learning environment for its students. Recognizing the uniqueness and diverse needs of each learner, the academy strives to foster an atmosphere that encourages personal growth and development. Its mission is to enable students in grades 6-12 to realize their full potential, ultimately preparing them to integrate successfully into their respective communities. By offering equal opportunities for academic achievement, Rochester Beacon Academy serves approximately 92 students annually, thereby contributing to their overall development and success.
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Impact
July, 2024
Rochester Beacon Academy's impact is evident in the transformation it brings to students' lives. By providing a safe learning environment and equal opportunities for students in grades 6-12, RBA enables academic achievement and personal growth. Through its mission of respecting individual and differentiated needs, RBA empowers students to reach their full potential and successfully integrate into their communities. This targeted approach not only benefits the 92 students served in fiscal year 2022 but also contributes to the broader educational landscape in Rochester, MN.
This information is meant to be a general summary of Rochester Beacon Academy. 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: $1,278
- Program Service Revenue: $555
- Gross Receipts: $2,655,345
Assets and Liabilities:
- Total Assets: $2,078,542
- Total Liabilities: $3,504,857
- Net Assets: -$1,426,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM PATRONS
Revenue
$555
Organization Details
Founding Year
2012
Phone
(507) 258-5351Principal Officer
Jennifer Reiling
Main Address
974 SKYLINE DRIVE SW, ROCHESTER, MN, 55902
NTEE Category
Code: B20 - Education
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