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Beacon Academy

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

EIN: 474356163 ✦ Collegedale, TN ✦ Designated as a 501(c)(3)

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Overview

What is Beacon Academy?

Beacon Academy is a non-profit educational institution situated in Collegedale, Tennessee. With a postal address at PO Box 1235, it serves 53 students from pre-kindergarten to the 12th grade. As a dedicated educational facility, its primary mission is to provide quality learning opportunities for its students, aiming to foster their growth and development. The academy, with a modest workforce of 14 employees, is committed to delivering comprehensive educational services, catering to the needs of students from various grade levels.


Official website here: www.beaconacademy.us

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Beacon Academy has received an 81% rating from Charity Navigator, indicating a solid level of accountability and finance management. The score is derived from a comprehensive evaluation of various financial practices, with a particular focus on accountability, where the organization excelled. The rating reflects a commitment to transparency and responsible governance, which is crucial for donor confidence.

The organization boasts a strong independent board, with 60% of its members meeting the criteria for independence, contributing to effective oversight. Additionally, Beacon Academy has no material diversion of assets and adheres to essential policies such as conflict of interest and whistleblower protections, all of which are well-documented. Their program expense ratio stands at an impressive 79.54%, suggesting that a significant portion of their resources is directly invested in their mission.

While Beacon Academy demonstrates robust financial health and governance practices, the rating primarily reflects accountability measures without a detailed breakdown of programmatic impact or outcomes. This suggests that while the organization's financial practices are commendable, potential donors may want to seek more information regarding the effectiveness of its programs and services.


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

What do the Facebook reviews say about Beacon Academy?

100% of reviewers on Facebook recommend Beacon Academy. Here is a summary of their reviews:

The feedback highlights Beacon Academy as an excellent educational institution. One reviewer shared their experience tutoring International Baccalaureate (IB) students from the academy, indicating that the students are not only capable but also wonderful to work with.

Overall, the sentiments expressed suggest that Beacon Academy is dedicated to providing quality education and nurturing students effectively. The positive reputation reinforces that the school delivers on its promises to its community.


This AI summary has been generated from reviews found on Facebook.

Is Beacon Academy legitimate?

Beacon Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $79,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,551

For more financial information, click here


Official website here: www.beaconacademy.us

What is the mission statement of Beacon Academy?

Beacon Academy, as a non-profit institution, is dedicated to providing educational services to students from pre-kindergarten through twelfth grade. While the provided information does not explicitly state a mission statement, it can be inferred that their mission likely revolves around providing quality education and fostering a nurturing learning environment for their 53 students. However, without further details, it is challenging to provide a more specific summary of their mission.


Official website here: www.beaconacademy.us

Who is the CEO of Beacon Academy?

Brigett Pangkey is the President of Beacon Academy.


Official website here: www.beaconacademy.us

What is the revenue of Beacon Academy?

Beacon Academy's revenue in 2022 was $579,147.


Official website here: www.beaconacademy.us

Who are the executives of Beacon Academy and what are their salaries?

The average compensation at Beacon Academy during 2022 was $18,538. There are 14 employees and 35 volunteers at Beacon Academy.


Here are 5 key members and their salaries:


Tiffany Britt (Treasurer)
  • Compensation: $42,168
  • Related: $0
  • Other: $0
Brigett Pangkey (President)
  • Compensation: $37,807
  • Related: $0
  • Other: $0
Jeanett Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Kroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Mcelroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beaconacademy.us

Where can I find the form 990 for Beacon Academy?

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


Official website here: www.beaconacademy.us

Learn more at the official website: www.beaconacademy.us

Mission Statement of Beacon Academy

Beacon Academy, a non-profit institution, is dedicated to providing educational services to students from pre-kindergarten through 12th grade. The organization's mission is centered around this commitment, aiming to foster a learning environment that caters to the developmental needs of each student, regardless of their grade level. Beacon Academy's mission is not just about academics; it encompasses the holistic development of its students, preparing them for their future endeavors.

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Impact




July, 2024

Beacon Academy makes a significant impact by providing educational services to 53 students from Pre-K through 12th grade in Collegedale, TN. The school's mission is to offer a comprehensive educational program to nurture the academic, social, and emotional development of its students. Through its dedicated efforts, Beacon Academy contributes to the intellectual growth and achievement of its students, preparing them for future success in their academic and professional pursuits.




This information is meant to be a general summary of 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.

Revenue
$579,147 (2022)
Expenses
$419,397 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $54
  • Program Service Revenue: $292,427
  • Gross Receipts: $579,147

Assets and Liabilities:

  • Total Assets: $1,794,655
  • Total Liabilities: $821,831
  • Net Assets: $972,824

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Programs

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

PROGRAM INCOME TUITION

Revenue

$267,670

PROGRAM INCOME REGISTRATION

Revenue

$20,348

PROGRAM INCOME SUMMER CAMP

Revenue

$10,205

PROGRAM INCOME FIELD TRIP

Revenue

$1,665

DISCOUNT

Revenue

-$7,461

Organization Details

Founding Year

2015

Principal Officer

Brigett Pangkey

Main Address

PO BOX 1235, COLLEGEDALE, TN, 373151235

NTEE Category

Code: B20 - Education

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