Nonprofit · EIN 41-1939919
BEACON FOUNDATION
Tax-exempt · FARMINGTON, MN 55024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $7,864 | $55,618 | -$47,754 | $280,806 | $0 | $280,806 |
| December 31, 2023 | 990 | $4,832 | $65,913 | -$61,081 | $328,560 | $0 | $328,560 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,422
- Investment income
- $4,442
Expenses
- Benefits paid to members
- $33,600
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $12,918
- Professional fees and payments to contractors
- $4,661
- Printing, publications and postage
- $226
- Other expenses
- $4,213
Balance sheet and other
- Total assets, start of year
- $328,560
- Total assets, end of year
- $280,806
- Total liabilities, end of year
- $0
- Net assets, end of year
- $280,806
- Cash, savings and investments
- $279,736
- Gross receipts
- $7,864
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF ABRAHAMSON | PRESIDENT | 2 | $0 |
| MAY CONWAY | SECRETARY | 2 | $0 |
| BECKY CARROLL | VICE PRESIDENT | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF ABRAHAMSON | PRESIDENT Trustee or director | 2 | $0 |
| BECKY CARROLL | VICE PRESIDENT Trustee or director | 2 | $0 |
| MAY CONWAY | SECRETARY Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 704 5TH ST, FARMINGTON, MN 55024-1528
- In care of
- % SCOTT VINCENT
- Signed the 990-EZ
- JEFF ABRAHAMSON, PRESIDENT
- Phone
- (651) 245-2441
- Website
- WWW.BEACONFOUNDATION.ORG
- Return prepared by
- LEGACY PROFESSIONALS LLP
Mission
TO PROVIDE TEMPORARY FINANCIAL ASSISTANCE TO U.S. BASED DELTA AIRLINES FLIGHT ATTENDANTS WHO ARE UNABLE TO WORK AND FINANCIALLY SUPPORT THEMSELVES AND THEIR IMMEDIATE FAMILY MEMBERS BECAUSE HE/SHE IS SUFFERING FROM, OR PROVIDING PRIMARY CARE FOR AN IMMEDIATE FAMILY MEMBER WHO IS SUFFERING FROM, A SERIOUS/TERMINAL ILLNESS, INJURY, OR DISABILITY.
Program accomplishments
- TO HELP RESTORE THE DIGNITY OF FLIGHT ATTENDANTS WHO HAVE LOST THEIR INCOME AND ARE STRUGGLING TO PAY THEIR BILLS. GRANTS ARE GIVEN TO HELP FLIGHT ATTENDANTS PAY FOR NECESSARY LIVING EXPENSES.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1939919
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $280,806
- Income (IRS master file)
- $7,864
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $7,864 | $55,618 | $280,806 | XML |
| 990 | December 2023 | $4,832 | $65,913 | $328,560 | XML |
| 990 | December 2022 | $6,022 | $45,109 | $389,641 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1939919).
Questions about BEACON FOUNDATION
- What is the EIN of BEACON FOUNDATION?
- The employer identification number (EIN) of BEACON FOUNDATION is 41-1939919.
- Is BEACON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to BEACON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BEACON FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BEACON FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BEACON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of BEACON FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BEACON FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $7,864, expenses of $55,618 and total assets of $280,806 at year end.
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All nonprofits in FARMINGTON · Minnesota · Philanthropy, voluntarism and grantmaking foundations