2025-11-17T16:24:50-08:00 2024-12-31 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2024-01-01 562241353 Beacon of Hope Services Inc BEAC 8286493470 PO Box 877 Marshall NC 28753 Jessi Koontz Executive Director 8286493470 2025-11-17 true true Todd Oldenburg P02281691 8282360206 2025-11-17 2024 2025-03-06 01:10:19Z Jessi Koontz PO Box 877 Marshall NC 28787 2263910 false X bohmarshall.org X 2000 NC Beacon of Hope serves residents of Madison and surrounding counties by providing food assistance and assitance with clothing and household items. 8 7 21 135 73327 11533 676826 1638202 142110 525217 80301 1755 105621 2628 1004858 2167802 545555 1175010 0 208450 283019 0 50884 193666 253480 947671 1711509 57187 456293 1059325 1487090 486556 458028 572769 1029062 Beacon of Hope Services Mission: Connecting and Empowering our Community Through Food. false false 1579857 1175010 525217 Beacon of Hope has been working to increase food security for low-income families in Madison and surrounding counties for the past 28 years. Our pantry is a seven-day-a- week operation, hosting five food programs and providing weekly food assistance for approximately 1,500 families. Our thrift store is open 6 days a week and offers a low-cost retail alternative for the community, while also offering assistance with clothing and household to families who qualify for our food assistance programs. Additionally, Beacon owns and operates the only laundromat in Madison County. Hunger relief through Food Pantry Programming: - Families served - 13,334 (28,460 Individuals) - Pounds of food distributed - 691,479 Thrift Store Assistance (through voucher program): - 976 vouchers distributed - 976 households, 2,416 community members - $65,032 worth of clothing and household assistance provided Beacon of Hope is a Human Services Organization within the Healthy Opportunities Pilot Program. This program, funded through Medicaid reimbursement, aims to reduce health care expenses for vulnerable individuals by ensuring underlying basic needs, such as food and housing, are met. Through HOP, Beacon is able to offer qualifying families the opportunity to shop for weekly groceries using a points-based system. This program is housed in a second, satellite location, located about 2 miles away from Beacons main facility. Hunger Relief through Healthy Opportunities Programming: - Food assistance provided - 785 Healthy Food Boxes - Funds invested in healthy food boxes - $428,114 Beacon of Hope also owns and operates the only laundromat in Madison County. 1579857 true true false false false false false false false false true false false false false true false false false false false false false false false false false false true false false false false false false false true false true false false false false false false false false true 2 0 true 21 true true true false false false false false false false false false false false X 8 7 false false false false false false false true true false false true true true true true true true false false X X Jessi Koontz 8283802882 5111 US Hwy 25-70 Marshall NC 28753 Jessi Koontz Executive Director 40.00 X X 54000 0 0 Robert A Clifford Board Chairman 10.00 X X 0 0 0 Janet Spivey Secretary 7.00 X X 0 0 0 Tammy Elkins Treasurer 3.00 X X 0 0 0 Carrie Lee Hoffman Board Member 1.00 X 0 0 0 Frank Sabatino Board Member 1.00 X 0 0 0 Jennifer Donnellan Board Member 1.00 X 0 0 0 Suzanne DuVall Board Member 1.00 X 0 0 0 54000 0 0 false false false 1638202 892437 1638202 HOP Program Reimbursement 624210 451890 0 0 Laundromat Income 900099 73327 73327 0 525217 1755 0 1755 93263 96108 -2845 -2845 Other Income 900099 5473 0 0 5473 5473 2167802 449045 73327 7228 1175010 1175010 54000 10800 27000 16200 4216 4216 0 0 203287 182479 0 20808 21516 18288 2152 1076 12380 0 12380 0 12492 12492 0 0 203 0 0 203 38237 32401 5836 0 5828 1389 4358 81 54447 46906 7541 0 49169 45727 3442 0 7866 4624 3218 24 Fundraising Expenses 12492 0 0 12492 Bank Fees 7629 2436 5193 0 Transportation 6107 6107 0 0 Laundromat Expense 35835 34691 1144 0 10795 2291 8504 0 1711509 1579857 80768 50884 93639 392239 78006 97761 6213 36000 98603 1031488 133001 845467 898487 1059325 1487090 15971 34998 470585 423030 486556 458028 X 457252 993062 115517 36000 572769 1029062 1059325 1487090 456293 X true X false true false X 0 668095 964347 1296836 676826 1638202 5244306 0 0 668095 964347 1296836 676826 1638202 5244306 0 5244306 1755 1755 12533 12533 985 443 311 3523 5473 10735 5269329 1002630 0.99530 0.99840 X 0 0 0 Pt II Ln 17a Other Pt II Ln 10 Other Income Part II, Line 10 Description: Other Income 2020: 985. 2021: 443. 2022: 311. 2023: 3523. 2024: 5473. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 155000 155000 593894 27949 565945 20500 1280 19220 113695 68815 44880 148399 34957 113442 898487 X Pt X, Line 2 The organization is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. Beacon of Hope Services, Inc. had income from unrelated business activities in 2024 and was, therefore, required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). The organization believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. true Hunger Relief 14119 939431 Weight Food Assistance Disaster Assistance 626 117420 FMV Personal Care items Disaster Assistance 350 118159 FMV tents, tarps, generators, etc. Samantha Koontz Sister of ED 4216 Compensation for Work Performed false X 349440 Fair Market Value X 275633 542997 Weight false true false Pt VI, Line 11b The 990 is prepared by a CPA firm, review by management, presented to the board for review, proposed revision and final approval. Pt VI, Line 12c Enforced as necessary. Any board member with a conflict of interest on any specific issue informs the board and abstains from voting on the issue. Pt VI, Line 15a In the annual budgeting process, the board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increses for employees are determined by the executive director. The board of directors sets the executive directors salary after a check of comparable salary information for similar organizations with similar budgets.