Nonprofit screen
Screen a listBeacon Medical Group Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$220Mrevenue
FY2024 · +35% in 3 yrs1,881staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−51.1%
Months of reserve0.2mo
Revenue growth (annualized)+8.3%
Middle half of peersMedianBeacon Medical Group
Where the money goes FY2024 · $332M spent
Programs$294M89%Management and general$38M11%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 100% in FY2023
$1.5M in FY2022, $0 in FY2023.
990 Part VIIIDeficits in 3 of the last 3 years
−$118M in FY2022, −$140M in FY2023 and −$112M in FY2024. Cash covers 0.2 months, under the peer median of 0.6.
990 Part I and balance sheetIn its favor2
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 8% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort2funders
$3ka year, last 3 years
100%from its largest funder
Funder’17’18’19’20’21’22’23Northwestern UniversityOn and off$33kDonor-advised giftsDonors not disclosed$101k$5k$100k$10k$5k$5k
FundedThrough a donor-advised fund