Beacon College Inc

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

EIN: 592961536 ✦ Leesburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Beacon College Inc?

Beacon College Inc, founded by parents in 1989, is a four-year, fully accredited private liberal arts college based in Leesburg, Florida, with an address at 105 East Main Street,FL 34748. The institution was established to cater specifically to students with learning differences, such as learning disabilities, ADHD, and other related conditions. With a mission to offer a superior education, Beacon College provides a focused liberal arts curriculum that aligns with the learning styles and specialized instructional needs of these students. The college employs 326 individuals and offers bachelor's degrees to its student body.


Official website here: www.beaconcollege.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating 90% - Four-Star out of Four Star Rating

Beacon College Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With a score of 90% in this category, the organization demonstrates strong financial health and effective governance practices. Notably, 84% of its board members are independent, which enhances transparency and reduces potential conflicts of interest.

The college's commitment to accountability is further evidenced by its comprehensive policies, such as conflict of interest and whistleblower protections, all of which are fully documented. Its program expense ratio is impressive at 84.10%, indicating that a substantial portion of its resources is directed towards its mission-driven activities.

While the culture and community score stands at a respectable 87%, the organization could benefit from focusing more on this aspect to enhance its overall impact. Nonetheless, Beacon College Inc exemplifies effective nonprofit management, making it a reliable choice for donors seeking to support educational initiatives.


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

Is Beacon College Inc legitimate?

Beacon College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beacon College 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: $1,480,510
Professional Fundraising Fees: $143,191
Other Salaries and Wages: $7,892,701

For more financial information, click here


Official website here: www.beaconcollege.edu

What is the mission statement of Beacon College Inc?

Beacon College is a four-year accredited institution dedicated to serving students with learning disabilities, ADHD, and other learning differences. Founded by parents, its mission is to make higher education accessible to this unique population. Established in 1989, the college gained approval from the Florida Department of Education to offer a specialized liberal arts curriculum tailored to the learning styles of these students. Beacon is a fully accredited private liberal arts college, granting bachelor's degrees, committed to providing students with the tools and resources they need to succeed academically. The college focuses on instructional methods and lifestyle development geared towards students with learning differences, ensuring they have the best opportunities for a successful college experience.


Official website here: www.beaconcollege.edu

Who is the CEO of Beacon College Inc?

Sandi Rysell is the Board Chair of Beacon College Inc.


Official website here: www.beaconcollege.edu

What is the revenue of Beacon College Inc?

Beacon College Inc's revenue in 2022 was $30,570,342.


Official website here: www.beaconcollege.edu

Who are the executives of Beacon College Inc and what are their salaries?

The average compensation at Beacon College Inc during 2022 was $28,752. There are 326 employees and 20 volunteers at Beacon College Inc.


Here are 21 key members and their salaries:


Dr Daniel Averbeck (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Flanagan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rogers (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Griffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh W Thompson Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Resnick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jennifer Braaten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Moffett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Gill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy D Judge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheldon H Horowitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charo Uceda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Knopf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr George J Hagerty (President)
  • Compensation: $357,646
  • Related: $0
  • Other: $96,128
Sandi Rysell (Cfo (Effective 08/21))
  • Compensation: $95,706
  • Related: $0
  • Other: $24,254
Shelly Chandler (Provost)
  • Compensation: $165,850
  • Related: $0
  • Other: $19,543
Dale Herold (Vp Of Adminssions & Enrol)
  • Compensation: $168,251
  • Related: $0
  • Other: $21,040
Brian Cobb (Vp Finance & Admin/Cfo (Thru 07/21))
  • Compensation: $181,275
  • Related: $0
  • Other: $16,559
Richard Killion (Vp Institutional Advancement)
  • Compensation: $133,151
  • Related: $0
  • Other: $31,419
Brent Betit (Chief Operating Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Morris-Wood (Assoc Vp Transition & Student Experience)
  • Compensation: $106,950
  • Related: $0
  • Other: $6,115


Official website here: www.beaconcollege.edu

Where can I find the form 990 for Beacon College Inc?

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


Official website here: www.beaconcollege.edu

Learn more at the official website: www.beaconcollege.edu

Mission Statement of Beacon College Inc

Beacon College, a four-year accredited institution, is dedicated to providing superior higher education to students with learning disabilities, ADHD, and other learning differences. The college was established in 1989 by passionate parents with a vision to make education accessible for their children with unique learning needs. Beacon College's mission aligns with a specialized liberal arts-based curriculum, catering specifically to the learning styles and development needs of these students.

The founding of Beacon College marked a significant milestone as it received the approval of the Florida Department of Education to offer a curriculum tailored to the learning requirements of students with learning differences. Today, Beacon College stands as a fully accredited private liberal arts college, providing students with the opportunity to earn bachelor's degrees. The college goes beyond just providing education; it is committed to nurturing its students' academic, social, and personal growth in a supportive and inclusive environment.

The Beacon College community is a beacon of hope for students seeking a higher education that caters to their unique learning needs. With its specialized instruction and focus on the learning styles of its students, Beacon College empowers its students to unlock their full potential and thrive in their academic journey. The college's commitment to its mission has made it an invaluable resource for students with learning differences, offering them the opportunity to pursue a higher education that truly meets their needs.

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Impact




October, 2024

Beacon College Inc significantly enhances the educational landscape for students with learning disabilities, ADHD, and various learning differences. Founded in 1989 by parents dedicated to improving access to quality higher education, Beacon College stands out as a four-year accredited institution that tailors its liberal arts curriculum to meet the unique learning styles and needs of these students.

By providing specialized instructional methods and lifestyle development resources, Beacon College creates a supportive environment where students can thrive academically and personally. This approach not only facilitates individual success but also fosters self-advocacy and independence among students, empowering them to navigate their educational and professional journeys more effectively.

The impact of Beacon College extends beyond its campus in Leesburg, Florida. It champions the idea that higher education should be accessible to all, particularly for those who have historically faced barriers. In doing so, it not only transforms the lives of its students but also contributes to a more inclusive society that values diverse learning approaches and perspectives in the pursuit of knowledge.




This information is meant to be a general summary of Beacon College 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.

Revenue
$30,570,342 (2022)
Expenses
$28,524,688 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52,628
  • Program Service Revenue: $27,237,390
  • Gross Receipts: $31,174,371

Assets and Liabilities:

  • Total Assets: $34,273,982
  • Total Liabilities: $22,498,693
  • Net Assets: $11,775,289

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Programs

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

TUITION & FEES

Revenue

$20,006,209

ROOM AND BOARD FEES

Revenue

$5,640,158

STUDENT SERVICE FEES

Revenue

$1,092,965

SUMMER FOR SUCCESS FEES

Revenue

$498,058

Organization Details

Founding Year

1989

Principal Officer

Sandi Rysell

Main Address

105 EAST MAIN STREET, LEESBURG, FL, 34748

NTEE Category

Code: B42 - Education

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