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Nonprofit · EIN 73-1710051

BEACON ACADEMY INC

Tax-exempt · BOSTON, MA 02131

Financials

$2.4M$2.8M2022$3M$3M2023$4.6M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of BEACON ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,615,940$3,377,105$1,238,835$17,845,976$91,047$17,754,929
June 30, 2024990$3,004,278$3,012,120-$7,842$17,296,406$96,777$17,199,629
June 30, 2023990$2,404,954$2,846,121-$441,167$16,438,161$227,761$16,210,400
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,999,818
of which government grants
$371,690
Program service revenue
$0
Investment income
$1,711,079
Net rental income
$4,200
Net gain from sales of assets
$1,395,049
Net income from fundraising events
-$99,157
Other revenue
-$94,957

Expenses

Grants and similar amounts paid
$269,175
Compensation of officers, directors and key employees
$391,973
Other salaries and wages
$1,183,505
Salaries, compensation and benefits (total)
$1,867,434
Professional fundraising fees
$36,500
Legal fees
$12,232
Accounting fees
$74,116
Occupancy
$233,149
Depreciation
$211,341
Program services (functional)
$2,418,577
Management and general (functional)
$497,708
Fundraising (functional)
$460,820

Balance sheet and other

Total assets, start of year
$17,296,406
Total assets, end of year
$17,845,976
Total liabilities, end of year
$91,047
Net assets, end of year
$17,754,929
Land, buildings and equipment
$4,881,405
Publicly traded securities
$10,353,008
Net assets without donor restrictions
$17,697,214
Net assets with donor restrictions
$57,715
Gross receipts
$14,241,092
Employees
21
Volunteers
250
Year formed
2005
State of legal domicile
MA

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.

NameTitleHours / weekCompensationOther / benefits
CHARLES E CARTERCEO & HEAD OF SCHOOL
Officer
40$238,168$47,678
NICOLE BAKERDIRECTOR OF DEVELOPMENT & ENGAGEMENT
Highest-paid employee
40$125,431$10,312
ASHLEY MIRANDADIRECTOR OF ALUMNI SUPPORT SERVICES
Highest-paid employee
40$111,279$13,680
ERIC NETTDIRECTOR OF ENROLLMENT & PLACEMENT
Highest-paid employee
40$108,835$13,276
ANNE-MARIE YU-PHELPSDIRECTOR OF ACADEMY YEAR
Highest-paid employee
40$114,693$7,300
SCOTT STEELEDIRECTOR OF FINANCE AND OP
Officer
40$99,039$16,188
ELLIE LOUGHLINCHAIR
Trustee or director, Officer
2$0$0
JESSICA LUTZKERVICE CHAIR
Trustee or director, Officer
2$0$0
JULIE MCKENNATREASURER
Trustee or director, Officer
2$0$0
DAYNA ATKINSCLERK
Trustee or director
2$0$0
AMY MCCARTHYCHAIR EMERITAS
Trustee or director, Officer
2$0$0
CAROLYN MCCLINTOCK PETERCHAIR EMERITAS
Trustee or director
2$0$0
ANNA AFEYANTRUSTEE
Trustee or director
2$0$0
JANET BERKELEYTRUSTEE
Trustee or director
2$0$0
NINA BOWMANTRUSTEE
Trustee or director
2$0$0
17 more people on this return
NameTitleHours / weekCompensation
TONY BROOKETRUSTEE
Trustee or director
2$0
LEE COFFINTRUSTEE
Trustee or director
2$0
LISA DIADAMOTRUSTEE
Trustee or director
2$0
JEN DOLINSTRUSTEE
Trustee or director
2$0
TIM DONOHUETRUSTEE
Trustee or director
2$0
MARK ENGERMANTRUSTEE
Trustee or director
2$0
HENRY FAIRFAXTRUSTEE
Trustee or director
2$0
GEORGIA FELDMANTRUSTEE
Trustee or director
2$0
REBECCA MAILER-HOWATTRUSTEE
Trustee or director
2$0
JANET NAHIRNYTRUSTEE
Trustee or director
2$0
KNEIDE NASCIMENTOTRUSTEE
Trustee or director
2$0
KEVIN PARKETRUSTEE
Trustee or director
2$0
ANN RYANTRUSTEE
Trustee or director
2$0
CAROLYN STAFFORD STEINTRUSTEE
Trustee or director
2$0
KYLE UMEMBATRUSTEE
Trustee or director
2$0
ELI WARDTRUSTEE
Trustee or director
2$0
SUSAN WILKINSONTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensationOther / benefits
CHARLES E CARTERCEO & HEAD OF SCHOOL
Officer
50$221,918$29,052
SCOTT STEELEDIRECTOR OF FINANCE AND OP
Officer
50$116,231$15,255
NICOLE BAKERDIRECTOR OF DEVELOPMENT AND ENGAGEMENT
Highest-paid employee
40$109,900$10,071
ERIC NETTDIRECTOR OF ENROLLMENT
Highest-paid employee
40$101,493$13,030
ANNE-MARIE YU-PHELPSENGLISH TEACHER
Highest-paid employee
40$101,718$0
ELLIE LOUGHLINCHAIR
Trustee or director, Officer
2$0$0
JESSICA LUTZKERVICE CHAIR
Trustee or director, Officer
2$0$0
JULIE MCKENNATREASURER
Trustee or director, Officer
2$0$0
DAYNA ATKINSCLERK
Trustee or director
2$0$0
AMY MCCARTHYCHAIR
Trustee or director, Officer
2$0$0
CAROLYN MCCLINTOCK PETERCHAIR EMERITAS
Trustee or director
2$0$0
ANNA AFEYANTRUSTEE
Trustee or director
2$0$0
JANET BERKELEYTRUSTEE
Trustee or director
2$0$0
NINA BOWMANTRUSTEE
Trustee or director
2$0$0
TONY BROOKETRUSTEE
Trustee or director
2$0$0
CHARLIE DAVIESTRUSTEE
Trustee or director
2$0$0
LISA DIADAMOTRUSTEE
Trustee or director
2$0$0
JENNIFER DOLINSTRUSTEE
Trustee or director
2$0$0
HENRY FAIRFAXTRUSTEE
Trustee or director
2$0$0
GEORGIA FELDMANTRUSTEE
Trustee or director
2$0$0
REBECCA MAILER-HOWATTRUSTEE
Trustee or director
2$0$0
JANET NAHIRNYTRUSTEE
Trustee or director
2$0$0
KNEIDE NASCIMENTOTRUSTEE
Trustee or director
2$0$0
TASHA ODEMWINGIETRUSTEE
Trustee or director
2$0$0
ELAINE O'CONNELLTRUSTEE
Trustee or director
2$0$0
JUAN RODRIGUEZTRUSTEE
Trustee or director
2$0$0
MICHAEL RUBENSTEINTRUSTEE
Trustee or director
2$0$0
ANN RYANTRUSTEE
Trustee or director
2$0$0
CAROLYN STAFFORD STEINTRUSTEE
Trustee or director
2$0$0
BETH STONEBRAKERTRUSTEE
Trustee or director
2$0$0
KYLE UMEMBATRUSTEE
Trustee or director
2$0$0
ELI WARDTRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
CHARLES E CARTERCEO & HEAD OF SCHOOL
Officer
50$201,240$32,812
SCOTT STEELEDIRECTOR OF FINANCE AND OPERATIONS
Officer
50$112,364$17,589
ELLIE LOUGHLINCHAIR
Trustee or director, Officer
2$0$0
JESSICA LUTZKERVICE CHAIR
Trustee or director, Officer
2$0$0
JULIE MCKENNATREASURER
Trustee or director, Officer
2$0$0
DAYNA ATKINSCLERK
Trustee or director
2$0$0
AMELIA MCCARTHYCHAIR
Trustee or director, Officer
2$0$0
CAROLYN MCCLINTOCK PETERCHAIR
Trustee or director, Officer
2$0$0
ANNA AFEYANTRUSTEE
Trustee or director
2$0$0
JANET BERKELEYTRUSTEE
Trustee or director
2$0$0
NINA BOWMANTRUSTEE
Trustee or director
2$0$0
TONY BROOKETRUSTEE
Trustee or director
2$0$0
CHARLIE DAVIESTRUSTEE
Trustee or director
2$0$0
LISA DIADAMOTRUSTEE
Trustee or director
2$0$0
JENNIFER DOLINSTRUSTEE
Trustee or director
2$0$0
HENRY FAIRFAXTRUSTEE
Trustee or director
2$0$0
GEORGIA FELDMANTRUSTEE
Trustee or director
2$0$0
REBECCA MAILER-HOWATTRUSTEE
Trustee or director
2$0$0
JANET NAHIRNYTRUSTEE
Trustee or director
2$0$0
KNEIDE NASCIMENTOTRUSTEE
Trustee or director
2$0$0
TASHA ODEMWINGIETRUSTEE
Trustee or director
2$0$0
ELAINE O'CONNELLTRUSTEE
Trustee or director
2$0$0
JUAN RODRIGUEZTRUSTEE
Trustee or director
2$0$0
MICHAEL RUBENSTEINTRUSTEE
Trustee or director
2$0$0
ANN RYANTRUSTEE
Trustee or director
2$0$0
CAROLYN STAFFORD STEINTRUSTEE
Trustee or director
2$0$0
BETH STINEBRAKERTRUSTEE
Trustee or director
2$0$0
KYLE UMEMBATRUSTEE
Trustee or director
2$0$0
ELI WARDTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
814 SOUTH ST, BOSTON, MA 02131-2429
In care of
% CHARLES E CARTER
Principal officer (990 for 2024)
CHARLES CARTER, 814 SOUTH STREET, BOSTON, MA 02131
Signed the 990
CHARLES CARTER, CEO & HEAD OF SCHOOL
Phone
(617) 423-2266
Return prepared by
POZERSKI HATCH & COMPANY

Mission

BEACON ACADEMY CLOSES THE OPPORTUNITY GAP FOR A GROUP OF GREATER BOSTON'S DETERMINED AND INQUISITIVE STUDENTS. THROUGH EDUCATION AND ADVOCACY, OUR COMMUNITY SUPPORTS STUDENTS AS THEY DEVELOP AND EMBRACE THEIR IDENTITIES AND BUILD LIVES OF AGENCY AND IMPACT.

990 for the year ended June 30, 2025

Program accomplishments

  • BEACON ACADEMY PROVIDES A COMPREHENSIVE 10-YEAR PROGRAM TO PREPARE MOTIVATED STUDENTS FROM HISTORICALLY UNDER-RESOURCED AND/OR UNDERREPRESENTED COMMUNITIES IN GREATER BOSTON FOR SUCCESS IN COMPETITIVE HIGH SCHOOLS, COLLEGES, AND FUTURE CAREERS. BEACON ACADEMY IS DEDICATED TO ADVANCING EDUCATIONAL EQUITY AND CLOSING THE OPPORTUNITY GAP BY COMMITTING LONG-TERM SUPPORT TO EACH STUDENT, EMPHASIZING BOTH EDUCATIONAL ACHIEVEMENT AND PERSONAL WELL-BEING AND DEVELOPMENT.WITH EXTENSIVE ACADEMIC RESOURCES AND A SUPPORTIVE COMMUNITY, BEACON ACADEMY FOSTERS INTELLECTUAL CURIOSITY, PROMOTES SELF-AFFIRMATION OF RACIAL AND CULTURAL IDENTITY, BUILDS CONFIDENCE, AND EMPOWERS STUDENTS TO FIND AND UTILIZE THEIR VOICE.
    Expenses $1,944,435
  • THE FIRST YEAR OF THE 10-YEAR PROGRAM FOCUSES ON PROVIDING STUDENTS WITH A STRONG ACADEMIC EDUCATION ALONGSIDE ENGAGING EXTRACURRICULAR ACTIVITIES. THESE INITIATIVES ENHANCE SOCIAL AND CULTURAL EXPERIENCES THAT BUILD STUDENTS' CONFIDENCE AND AFFIRM THEIR IDENTITIES. STUDENTS ALSO LEARN TO REPRESENT BEACON ACADEMY'S CORE VALUES OF RESPECT, COURAGE, CURIOSITY, AND ACCOUNTABILITY, AS THEY ALSO DEVELOP THEIR LEADERSHIP SKILLS. THE STUDENTS ULTIMATELY LEVERAGE THEIR LEARNINGS AND RESOURCES TO APPLY AND GAIN ADMITTANCE TO COMPETITIVE INDEPENDENT HIGH SCHOOLS THAT FIT THEIR ACADEMIC, PERSONAL, AND FINANCIAL EXPECTATIONS.AND UPON GRADUATION, WE ASSIST THE STUDENTS IN SECURING UNIQUE SUMMER OPPORTUNITIES. THROUGHOUT THE FIRST YEAR AND BEYOND, BEACON ACADEMY SUPPORTS STUDENTS IN CULTIVATING THEIR ABILITY TO ADVOCATE FOR THEIR DESIRES AND NEEDS.
    Expenses $204,967
  • OUR 10-YEAR PROGRAM IS UNIQUE BECAUSE WE FOLLOW BEACON ACADEMY ALUMNI AFTER THE ACADEMY YEAR. WE PRIORITIZE COMMUNICATION AND GROWTH BY OFFERING MENTAL HEALTH AND WELLNESS SUPPORT, CAREER READINESS MENTORSHIP AND GUIDANCE, AND OTHER SERVICES TO COLLABORATIVELY IDENTIFY AND ADDRESS THEIR NEEDS. WE PROVIDE EDUCATIONAL SUPPORT SERVICES TO NEARLY 400 ALUMNI TO ENSURE CONTINUITY OF GUIDANCE, RESOURCES, AND CONNECTIONS TO BEACON ACADEMY AFTER GRADUATION.FOR OUR ALUMNI IN HIGH SCHOOL, THESE EDUCATIONAL SUPPORT SERVICES INCLUDE A 9TH-GRADE TRANSITION PROGRAM, BI-ANNUAL CARE PACKAGE, AND PERSONAL VISITS. WE ALSO OFFER SAT PREP, ESSAY WRITING SUPPORT, COLLEGE APPLICATION ASSISTANCE, AND FINANCIAL AID HELP TO MAINTAIN REGULAR CONTACT AND REINFORCE THE STRATEGIES AND VALUES ACQUIRED DURING THEIR ACADEMY YEAR. SINCE 2017, 98% OF OUR ALUMNI HAVE GRADUATED FROM HIGH SCHOOL.ON AVERAGE, 92% OF OUR ACTIVE ALUMNI GAIN ADMITTANCE TO FOUR-YEAR COLLEGES, AND MOST RECEIVE FINANCIAL AID PACKAGES THAT EXCEED EXPECTED FAMILY CONTRIBUTIONS. COLLEGE ALUMNI TAKE ADVANTAGE OF A WIDE RANGE OF PROFESSIONAL DEVELOPMENT PROGRAMS, INCLUDING RESUME WORKSHOPS, PANEL DISCUSSIONS WITH INDUSTRY LEADERS, AND ACCESS TO INTERNSHIPS AND JOBS THROUGH OUR BEACONCONNECT PLATFORM. WE ALSO HOST SEVERAL ANNUAL EVENTS FOR ALL ALUMNI, CONTINUOUSLY SEEKING WAYS TO STAY CONNECTED.
    Expenses $269,175 · grants $269,175

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
73-1710051
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B28)
Assets (IRS master file)
$17,845,976
Income (IRS master file)
$14,241,092

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,615,940$3,377,105$17,845,976XML
990June 2024$3,004,278$3,012,120$17,296,406XML
990June 2023$2,404,954$2,846,121$16,438,161XML
990June 2022$1,203,429$2,721,643$16,262,278IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 73-1710051).

Questions about BEACON ACADEMY INC

What is the EIN of BEACON ACADEMY INC?
The employer identification number (EIN) of BEACON ACADEMY INC is 73-1710051.
Is BEACON ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to BEACON ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BEACON ACADEMY INC 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 BEACON ACADEMY INC 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 BEACON ACADEMY INC 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 BEACON ACADEMY INC?
The 990 for the year ended June 30, 2025 names CHARLES CARTER.
Who are the officers and directors of BEACON ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 32 people; 6 received compensation from the organization, the highest $238,168 (CHARLES E CARTER, CEO & HEAD OF SCHOOL).
How much revenue does BEACON ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,615,940, expenses of $3,377,105 and total assets of $17,845,976 at year end.

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