Nonprofit · EIN 45-3797831
LYNCHBURG BEACON OF HOPE
Tax-exempt · LYNCHBURG, VA 24504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,423,720 | $1,626,524 | -$202,804 | $5,872,559 | $615,221 | $5,257,338 |
| June 30, 2024 | 990 | $1,850,438 | $1,748,048 | $102,390 | $5,729,210 | $661,551 | $5,067,659 |
| June 30, 2023 | 990 | $1,088,472 | $1,302,981 | -$214,509 | $5,011,542 | $433,594 | $4,577,948 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,171,461
- of which government grants
- $164,331
- Program service revenue
- $0
- Investment income
- $159,898
- Net gain from sales of assets
- $2,428
- Net income from fundraising events
- $85,503
- Other revenue
- $92,361
Expenses
- Grants and similar amounts paid
- $341,947
- Compensation of officers, directors and key employees
- $109,465
- Other salaries and wages
- $630,553
- Salaries, compensation and benefits (total)
- $801,406
- Professional fundraising fees
- $0
- Accounting fees
- $3,500
- Occupancy
- $52,476
- Travel
- $372
- Depreciation
- $7,830
- Program services (functional)
- $1,217,971
- Management and general (functional)
- $137,377
- Fundraising (functional)
- $271,176
Balance sheet and other
- Total assets, start of year
- $5,729,210
- Total assets, end of year
- $5,872,559
- Total liabilities, end of year
- $615,221
- Net assets, end of year
- $5,257,338
- Land, buildings and equipment
- $13,884
- Net assets without donor restrictions
- $4,702,631
- Net assets with donor restrictions
- $554,707
- Gross receipts
- $1,457,344
- Employees
- 13
- Volunteers
- 250
- Year formed
- 2012
- State of legal domicile
- VA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEIDRA MCQUEEN | EXEC DIRECTOR Key employee | 40 | $109,465 |
| AMANDA SMITHSON | DIRECTOR Trustee or director | 2 | $0 |
| BILLY HANSEN | DIRECTOR Trustee or director | 2 | $0 |
| DESHA BEST | DIRECTOR Trustee or director | 2 | $0 |
| DREW STAFFORD | DIRECTOR Trustee or director | 2 | $0 |
| GARY RAULERSON | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| HEATHER ZIPPEL | VICE CHAIRPERSON Trustee or director | 2 | $0 |
| JAMISON SPINNER | DIRECTOR Trustee or director | 2 | $0 |
| JEFF THOMPSON | DIRECTOR Trustee or director | 2 | $0 |
| JOHN CAPPS | DIRECTOR Trustee or director | 2 | $0 |
| KATHLEEN DAVIS | DIRECTOR Trustee or director | 2 | $0 |
| KELLEA HOGAN | DIRECTOR Trustee or director | 2 | $0 |
| KENNON WHITE | DIRECTOR Trustee or director, Officer | 2 | $0 |
| KEVIN HOOPER | SECRETARY Trustee or director | 2 | $0 |
| KEVIN SMITH | DIRECTOR Trustee or director | 2 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET SCHMITT | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| MARTY WRIGHT | DIRECTOR Trustee or director, Officer | 2 | $0 |
| MICHAEL MADDEN | TREASURER Trustee or director | 2 | $0 |
| MURIEL MICKLES | DIRECTOR Trustee or director | 2 | $0 |
| PEGGY NOLLEY | DIRECTOR Trustee or director | 2 | $0 |
| TERRY BRENNAN | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS DELANEY | DIRECTOR Trustee or director | 2 | $0 |
| VERONICA BEVERLY | DIRECTOR Trustee or director | 2 | $0 |
| YVETTE MILLER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 32 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEIDRA MCQUEEN | EXEC DIRECTOR (APR 24 - CURRENT) Key employee | 40 | $79,600 |
| LAURA HAMILTON | EXEC DIRECTOR (JUL 23 - APR 24) Key employee | 40 | $71,875 |
| VERONICA BEVERLY | DIRECTOR Trustee or director | 2 | $0 |
| TERRY BRENNAN | DIRECTOR Trustee or director | 2 | $0 |
| JOHN CAPPS | DIRECTOR Trustee or director | 2 | $0 |
| STEVE CRANK | DIRECTOR Trustee or director | 2 | $0 |
| JOHN CROS | DIRECTOR Trustee or director | 2 | $0 |
| TAB CULBERSTON | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS DELANEY | DIRECTOR Trustee or director | 2 | $0 |
| BETSY GARRARD | DIRECTOR Trustee or director | 2 | $0 |
| KELLEA HOGAN | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN HOOPER | DIRECTOR Trustee or director | 2 | $0 |
| HYLAN HUBBARD | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE HURT | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL MADDEN | DIRECTOR Trustee or director | 2 | $0 |
| YVETTE MILLER | DIRECTOR Trustee or director | 2 | $0 |
| MARI NORMYLE | DIRECTOR Trustee or director | 2 | $0 |
| PEGGY NOLLEY | DIRECTOR Trustee or director | 2 | $0 |
| MARY JANE PRYOR | DIRECTOR Trustee or director | 2 | $0 |
| GARY RAULERSON | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| LUCY ROSS | DIRECTOR Trustee or director | 2 | $0 |
| MARGARET SCHMITT | VICE CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| KEVIN SMITH | DIRECTOR Trustee or director | 2 | $0 |
| AMANDA SMITHSON | DIRECTOR Trustee or director | 2 | $0 |
| JAMISON SPINNER | DIRECTOR Trustee or director | 2 | $0 |
| KENNON WHITE | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 |
| MARTY WRIGHT | TREASURER Trustee or director, Officer | 2 | $0 |
| JEFF THOMPSON | DIRECTOR Trustee or director | 2 | $0 |
| HEATHER ZIPPEL | DIRECTOR Trustee or director | 2 | $0 |
| DESHA BEST | DIRECTOR Trustee or director | 2 | $0 |
| PEGGY ANDREWS | DIRECTOR Trustee or director | 2 | $0 |
| GLORIA PRESTON | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 31 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA HAMILTON | EXEC DIRECTOR Key employee | 40 | $63,650 |
| MARGARET ANDREWS | DIRECTOR Trustee or director | 2 | $0 |
| VERONICA BEVERLY | DIRECTOR Trustee or director | 2 | $0 |
| TERRY BRENNAN | DIRECTOR Trustee or director | 2 | $0 |
| JOHN CAPPS | DIRECTOR Trustee or director | 2 | $0 |
| STEVE CRANK | DIRECTOR Trustee or director | 2 | $0 |
| JOHN CROS | DIRECTOR Trustee or director | 2 | $0 |
| TAB CULBERSTON | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS DELANEY | DIRECTOR Trustee or director | 2 | $0 |
| BETSY GARRARD | DIRECTOR Trustee or director | 2 | $0 |
| KELLEA HOGAN | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN HOOPER | DIRECTOR Trustee or director | 2 | $0 |
| HYLAN HUBBARD | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE HURT | DIRECTOR Trustee or director | 2 | $0 |
| DESHA JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL MADDEN | DIRECTOR Trustee or director | 2 | $0 |
| YVETTE MILLER | DIRECTOR Trustee or director | 2 | $0 |
| MARI NORMYLE | DIRECTOR Trustee or director | 2 | $0 |
| PEGGY NOLLEY | DIRECTOR Trustee or director | 2 | $0 |
| GLORIA PRESTON | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARY JANE PRYOR | DIRECTOR Trustee or director | 2 | $0 |
| GARY RAULERSON | CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| LUCY ROSS | DIRECTOR Trustee or director | 2 | $0 |
| MARGARET SCHMITT | VICE CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| KEVIN SMITH | DIRECTOR Trustee or director | 2 | $0 |
| AMANDA SMITHSON | DIRECTOR Trustee or director | 2 | $0 |
| JAMISON SPINNER | DIRECTOR Trustee or director | 2 | $0 |
| KENNON WHITE | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 |
| MARTY WRIGHT | TREASURER Trustee or director, Officer | 2 | $0 |
| JEFF THOMPSON | DIRECTOR Trustee or director | 2 | $0 |
| HEATHER ZIPPEL | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 915 COURT ST, LYNCHBURG, VA 24504-1603
- In care of
- % BOB WADE
- Principal officer (990 for 2024)
- LEIDRA MCQUEEN, 2600 MEMORIAL AVENUE, LYNCHBURG, VA 24502
- Signed the 990
- LEIDRA MCQUEEN, DIRECTOR
- Phone
- (434) 522-3700
- Return prepared by
- DAVIDSON DOYLE & HILTON LLP
Mission
"TO ENCOURAGE IN ALL LYNCHBURG CITY PUBLIC SCHOOL STUDENTS THE ASPIRATION TO PURSUE, AND PROVIDE THEM WITH THE TOOLS AND RESOURCES TO ATTAIN, A POST-SECONDARY EDUCATION."
Program accomplishments
- FUTURE CENTERS HOUSED IN BOTH LCS HIGH SCHOOLS (STAFFED, MAINTAINED, AND FUNDED BY THE BEACON OF HOPE) WHICH PROVIDES RESOURCES ON FINANCIAL AID AND COLLEGE ADMISSIONS FOR ALL LCS STUDENTS, GUIDANCE ON LOCAL AND FEDERAL FINANCIAL AID AND MENTORING PROGRAMS WHICH DILIGENTLY WORK TO ENCOURAGE STUDENTS TO APPLY AND LEVERAGE ALL AVAILABLE RESOURCES. SCHOLARSHIPS ARE MADE AVAILABLE AS PART OF THE APPLICATION PROCESS.Expenses $1,217,971 · grants $341,947
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3797831
- 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
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $5,872,559
- Income (IRS master file)
- $1,457,344
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,423,720 | $1,626,524 | $5,872,559 | XML |
| 990 | June 2024 | $1,850,438 | $1,748,048 | $5,729,210 | XML |
| 990 | June 2023 | $1,088,472 | $1,302,981 | $5,011,542 | XML |
| 990 | June 2022 | $1,200,140 | $1,084,266 | $4,890,715 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 45-3797831).
Questions about LYNCHBURG BEACON OF HOPE
- What is the EIN of LYNCHBURG BEACON OF HOPE?
- The employer identification number (EIN) of LYNCHBURG BEACON OF HOPE is 45-3797831.
- Is LYNCHBURG BEACON OF HOPE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to LYNCHBURG BEACON OF HOPE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LYNCHBURG BEACON OF HOPE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LYNCHBURG BEACON OF HOPE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LYNCHBURG BEACON OF HOPE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LYNCHBURG BEACON OF HOPE?
- The 990 for the year ended June 30, 2025 names LEIDRA MCQUEEN.
- Who are the officers and directors of LYNCHBURG BEACON OF HOPE?
- The 990 for the year ended June 30, 2025 lists 24 people; 1 received compensation from the organization, the highest $109,465 (LEIDRA MCQUEEN, EXEC DIRECTOR).
- How much revenue does LYNCHBURG BEACON OF HOPE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,423,720, expenses of $1,626,524 and total assets of $5,872,559 at year end.
Other nonprofits in LYNCHBURG
- LIBERTY UNIVERSITY INC EIN 54-0946734 · last filed 990 for 2025
- UNIVERSITY OF LYNCHBURG EIN 54-0505922 · last filed 990 for 2025
- RANDOLPH COLLEGE EIN 54-0505941 · last filed 990 for 2025
- CENTRAL VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC EIN 54-1167908 · last filed 990 for 2025
- NEW VISTAS SCHOOL OF CENTRAL VIRGINIA INC EIN 54-1273630 · last filed 990 for 2025
- BLUE RIDGE MONTESSORI INC EIN 54-1960945 · last filed 990 for 2025
- BRANCHES ACADEMY AND EARLY LEARNING CENTER INC EIN 20-1256603 · last filed 990 for 2025
- LIBERTY UNIVERSITY FOUNDATION EIN 54-1939910 · last filed 990 for 2025