Overview
What is The Beacon Institute Inc?
The Beacon Institute Inc, situated in Columbia, Maryland, serves as a dedicated nonprofit organization. Its primary focus is to provide education, training, and resources to professionals working with older adults. With a team of six individuals, the institute offers a wide range of programs, including conferences, seminars, and workshops, to cater to 565 participants. They also fund numerous programs that enhance the quality of care for assisted living facilities across the state. Additionally, the Beacon Institute awards scholarships to dedicated senior care professionals to further their education. Their mission is to foster understanding of issues related to older adults, thereby contributing to their well-being.
Official website here: www.lifespan-network.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Beacon Institute Inc has received an impressive score of 96%, reflecting a strong commitment to accountability and financial management. This rating is based entirely on the organization’s financial practices, indicating a high level of transparency and effectiveness in how funds are utilized. The charity has demonstrated excellence in various metrics, including having a fully independent board and a robust audit and oversight committee.
One of the notable strengths of The Beacon Institute Inc is its high program expense ratio of 93.92%, suggesting that a significant portion of its funds directly supports its programs and mission. Additionally, the organization has implemented essential policies, such as conflict of interest and whistleblower protections, which contribute to its governance and ethical standards. The absence of material asset diversions further enhances its credibility.
Despite the strong performance, the rating is based on financial data alone, and there may not be insights into the broader impact of the programs or community feedback. However, the organization's focus on accountability and sound financial practices positions it well within the nonprofit sector. Overall, The Beacon Institute Inc exemplifies a nonprofit committed to responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Beacon Institute Inc?
100% of 15 reviewers on Facebook recommend The Beacon Institute Inc. Here is a summary of their reviews:
The organization is praised for its excellent service and strong commitment to facilitating continuing education for healthcare clinicians in the Baltimore area. Many users commend The Beacon Institute as a valuable partner, highlighting its collaborative approach in supporting education providers.
Overall, the sentiment towards The Beacon Institute is overwhelmingly positive, with users expressing satisfaction in the services offered and noting the nonprofit’s dedication to advancing healthcare education in their community.
This AI summary has been generated from reviews found on Facebook.
Is The Beacon Institute Inc legitimate?
The Beacon Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Beacon Institute 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: $136,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $305,371
For more financial information, click here
Official website here: www.lifespan-network.org
What is the mission statement of The Beacon Institute Inc?
The Beacon Institute Inc is committed to providing leadership, education, communication, and resources to professionals working with older adults. Their mission is to foster understanding of issues pertaining to older adults and offer training and education in the field of senior care. The organization conducted 36 educational programs, including conferences and seminars, for 565 participants, aiming to improve the quality of care in facilities across the state. Furthermore, they funded programs to support and instruct professionals and awarded scholarships to dedicated senior care professionals to pursue higher education degrees.
Official website here: www.lifespan-network.org
Who is the CEO of The Beacon Institute Inc?
Kevin Heffner is the President/Ex-Officio of The Beacon Institute Inc.
Official website here: www.lifespan-network.org
What is the revenue of The Beacon Institute Inc?
The Beacon Institute Inc's revenue in 2022 was $945,728.
Official website here: www.lifespan-network.org
Who are the executives of The Beacon Institute Inc and what are their salaries?
The average compensation at The Beacon Institute Inc during 2022 was $73,656. There are 6 employees and 19 volunteers at The Beacon Institute Inc.
Here are 22 key members and their salaries:
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- Compensation: $131,717
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- Other: $4,845
- Compensation: $0
- Related: $122,736
- Other: $11,295
Official website here: www.lifespan-network.org
Where can I find the form 990 for The Beacon Institute Inc?
The Beacon Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifespan-network.org
Learn more at the official website: www.lifespan-network.org
Mission Statement of The Beacon Institute Inc
The Beacon Institute Inc is committed to serving professionals working with older adults. Their mission is threefold: to provide leadership, education, communication, and resources in this field. They achieve this by offering a variety of educational programs, such as conferences and seminars, to a total of 565 participants. These initiatives are designed to enhance the quality of care provided to senior citizens. Furthermore, The Beacon Institute Inc funds programs that offer support and instruction to improve the standard of care in various facilities across the state. In addition, they award scholarships to dedicated senior care professionals, enabling them to pursue higher education degrees. This commitment to continuous learning and improvement is a testament to The Beacon Institute Inc's dedication to fostering a deeper understanding of issues pertaining to older adults.
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Impact
July, 2024
The Beacon Institute Inc plays a crucial role in providing training and education to professionals working with older adults. They offer a wide range of educational programs, including conferences and seminars, to enhance the understanding and care of seniors. By running funded programs and awarding scholarships, The Beacon Institute Inc ensures that quality care is improved across various facilities in the state. Their dedication to providing leadership, education, communication, and resources in the field of senior care has made a significant impact on the professionals and facilities they support.
This information is meant to be a general summary of The Beacon Institute 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: $9,981
- Program Service Revenue: $764,668
- Gross Receipts: $1,282,795
Assets and Liabilities:
- Total Assets: $1,051,243
- Total Liabilities: $196,549
- Net Assets: $854,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMS
Revenue
$321,379
EDUCATIONAL CONTRACT
Revenue
$257,165
ANNUAL CONFERENCE
Revenue
$186,124
Organization Details
Founding Year
1996
Phone
(410) 381-1176Principal Officer
Kevin Heffner
Main Address
7090 SAMUEL MORSE DR 400, COLUMBIA, MD, 21046
Website
www.lifespan-network.orgNTEE Category
Code: B82 - Education
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