Overview
What is Beacon House Community Ministry Inc?
Beacon House Community Ministry Inc is a distinguished nonprofit organization situated in Washington D.C., specifically in the Edgewood Commons Affordable Housing Community. Their primary aim is to foster the academic development and personal growth of children residing in the Edgewood neighborhood, serving those aged 5 to 18. They achieve this through after-school education and youth development programs, operating in two 6,000-square-foot centers. Beacon House distinguishes itself from other District of Columbia after-school organizations as a place-based organization, building long-term relationships with children in Ward 5. The nonprofit's mission has been instrumental in making it an integral part of the Edgewood community, providing a strong foundation for future success for hundreds of children in the area. With an impressive graduation rate, over 90% of Beacon House's 12th-grade students complete high school each year, and more than three-quarters of these graduates enroll in college or technical training programs within four months. As a result of its achievements, Beacon House is recognized as one of the top nonprofits in Washington D.C., according to the Catalogue for Philanthropy. With a dedicated workforce of 23 employees, Beacon House continues to empower lifelong learners and help children in Edgewood reach their full potential.
Official website here: www.beaconhousedc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Beacon House Community Ministry Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived from a strong emphasis on Accountability & Finance, where the organization has shown solid governance practices and financial health. Key indicators include a fully independent board with 100% independent members, a comprehensive audit oversight, and no material diversion of assets.
The organization demonstrates effective financial management with a liabilities to assets ratio of 20.74%, indicating a healthy financial standing. It also lists its financial statements on its website, along with essential policies like conflict of interest and whistleblower protections, which further enhances its accountability to donors and stakeholders. However, the program expense ratio stands at 60.93%, suggesting that a portion of its expenses may be directed towards administrative costs rather than direct program services.
While Beacon House Community Ministry Inc shows commendable practices in governance and finance, potential donors may want to consider the balance between administrative expenses and direct impact when assessing the organization’s overall effectiveness. Nonetheless, its strong oversight and commitment to transparency are notable strengths.
This AI summary has been generated from information found on Charity Navigator.
Is Beacon House Community Ministry Inc legitimate?
Beacon House Community Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon House Community Ministry 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: $132,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,951
For more financial information, click here
Official website here: www.beaconhousedc.org
What is the mission statement of Beacon House Community Ministry Inc?
Beacon House Community Ministry Inc's mission is centered around promoting the academic growth and personal development of children in a specific neighborhood. They achieve this goal through after-school education and youth development programs, serving children aged 5-18 in the Edgewood Commons affordable housing community in Northeast Washington DC. The organization strives towards a future where these children become empowered lifelong learners, reaching their full potential. By providing resources and opportunities for education and personal development, Beacon House aims to contribute positively to the lives of these children, fostering their growth and success.
Official website here: www.beaconhousedc.org
Who is the CEO of Beacon House Community Ministry Inc?
Kevin Hinton is the Chief Executive Officer of Beacon House Community Ministry Inc. The CEO's salary of Beacon House Community Ministry Inc is $132,613 and their total compensation is $144,067.
Official website here: www.beaconhousedc.org
What is the revenue of Beacon House Community Ministry Inc?
Beacon House Community Ministry Inc's revenue in 2022 was $1,265,532.
Official website here: www.beaconhousedc.org
Who are the executives of Beacon House Community Ministry Inc and what are their salaries?
The average compensation at Beacon House Community Ministry Inc during 2022 was $28,198. There are 23 employees and 95 volunteers at Beacon House Community Ministry Inc.
Here are 10 key members and their salaries (Beacon House Community Ministry Inc's CEO's salary is $132,613 and their total compensation is $144,067):
- Compensation: $132,613
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- Other: $11,454
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- Other: $0
Official website here: www.beaconhousedc.org
Where can I find the form 990 for Beacon House Community Ministry Inc?
Beacon House Community Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beaconhousedc.org
Learn more at the official website: www.beaconhousedc.org
Mission Statement of Beacon House Community Ministry Inc
Beacon House Community Ministry Inc is dedicated to fostering the academic progress and personal growth of children residing in Washington, D.C.'s Edgewood neighborhood. The organization achieves this goal by offering afterschool education and youth development programs for children aged 5 to 18, primarily within the Edgewood Commons affordable housing community. By providing these programs, Beacon House Community Ministry Inc aims to shape a future in which children from Edgewood develop into empowered, lifelong learners who reach their fullest potential.
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Impact
July, 2024
Beacon House Community Ministry Inc has a significant impact on the academic advancement and personal growth of children in Washington, DC's Edgewood neighborhood. Through their after-school education and youth development programs, they serve over 150 children and youth annually, providing academic mentoring and enrichment programs. Their efforts have resulted in more than 90% of their 12th-grade students graduating from high school each year, with three out of every four graduates enrolling in college or a technical training program within 4 months. This success has established Beacon House as one of the best organizations in Washington, DC, recognized for its dedication to empowering lifelong learners and helping children achieve their greatest potential.
This information is meant to be a general summary of Beacon House Community Ministry 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,511
- Program Service Revenue: $21,165
- Gross Receipts: $1,408,783
Assets and Liabilities:
- Total Assets: $995,246
- Total Liabilities: $206,490
- Net Assets: $788,756
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$21,165
Organization Details
Founding Year
1991
Phone
(202) 529-7376Principal Officer
Kevin Hinton
Main Address
PO BOX 29629, WASHINGTON, DC, 20017
Website
www.beaconhousedc.orgNTEE Category
Code: P28Z - Human services
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