2015-11-10T07:54:34-08:00 2015-06-30 Greenlee Kurras Rice Brown Garner Donofrio CPAs 627 N Donnelly Street Mount Dora FL 32757 990 2014-07-01 592961536 BEACON COLLEGE INC BEAC 3527877660 105 EAST MAIN STREET LEESBURG FL 34748 CAL SANSON Treasurer 2015-11-10 true CLARE L GARNER JR CPA P00120475 3523836300 2014 2016-02-25 16:41:14Z GEORGE J HAGERTY 105 E MAIN ST LEESBURG FL 34748 9951383 false false X http://www.beaconcollege.edu/ X 1989 FL THE MISSION OF BEACON COLLEGE IS TO OFFER ACADEMIC DEGREE PROGRAMS TO STUDENTS WITH LEARNING DISABILITIES. 12 12 118 1 0 723455 1020831 7578603 8874279 618 16020 51024 40253 8353700 9951383 0 0 4567953 5432004 0 120 3769109 4309511 8337062 9741515 16638 209868 10825052 13088863 7310407 9360650 3514645 3728213 THE MISSION OF BEACON COLLEGE IS TO OFFER ACADEMIC DEGREE PROGRAMS TO STUDENTS WITH LEARNING DISABILITIES. false false 7511921 Founded in 1989, Beacon College was the first college in the country to offer both Bachelor(BA) and Associate(AA) degrees exclusively for students with learning disabilities and ADHD. Beacon's graduation rate of 83.3% far exceeds the national average for students with learning disabilities as well as the national average for students without a learning disability. Beacon College graduates have an employment and continuing education rate of 82%. These exceptional outcomes have gained the College national recognition. As a result, students and their families from around the United States as well as from other countries seek out Beacon for their college experience. There are students from 31 states & 6 countries enrolled at the College. The instructional approach to the rigorous curriculum integrates assistive technology, structured learning support from specialists and peer mentors, and small classes taught by professors using hands-on and alternative teaching techniques. Internships and/or work experiences are required of each student. In addition to the academic program the College offers a wide range of personal support services including life coaches and a career development program. The College is accredited by Commission on Colleges of the Southern Association of Colleges and Schools and currently offers seven majors: Business Management, Computer Information Systems Web and Digital Media Track, Computer Information Systems Information Systems Track, Human Services, Interdisciplinary Studies, Psychology and Studio Arts. 221 students were enrolled this fiscal year. 7511921 true true false false false false false true false true true false false true true true true false true false false false false false true false false false false true false false false false false false false false false false false true false false false false false false false false false true 53 0 true 118 true false false false false false false false false 0 false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false FL X Cal Sanson Treasurer 3527877660 105 E Main Street LEESBURG FL 34748 DANIEL AVERBECK Trustee 1.00 0.00 X 0 0 0 EILEEN MARINAKIS BOARD CHAIR 1.00 0.00 X 0 0 0 HUGH THOMPSON III Trustee 1.00 0.00 X 0 0 0 DAVID BLACK Trustee 1.00 0.00 X 0 0 0 JONATHAN CHERRY Trustee 1.00 0.00 X 0 0 0 JAY YADAV Trustee 1.00 0.00 X 0 0 0 SARAH FLANAGAN Trustee 1.00 0.00 X 0 0 0 BRUCE VINCENT Vice Chair 1.00 0.00 X 0 0 0 STEVE LATHAM Trustee 1.00 0.00 X 0 0 0 DEBBIE RESNICK Trustee 1.00 0.00 X 0 0 0 NANCY JUDGE Trustee 1.00 0.00 X 0 0 0 DAVID KNOWLES Trustee 1.00 0.00 X 0 0 0 JOHN WEISS Trustee 1.00 0.00 X 0 0 0 GEORGE J HAGERTY President 40.00 0.00 X 189979 0 14340 SHELLY CHANDLER Secretary 2.00 0.00 X 0 0 0 DONNA MARTIN ASST SECRETARY 2.00 0.00 X 0 0 0 CAL SANSON Treasurer 40.00 0.00 X 78304 0 9701 ROBERT BRIDGEMAN Vice President 40.00 0.00 X 117411 0 5610 385694 29651 2 false true false 0 1020831 129028 1020831 OTHER FEES 451953 451953 Room and board 2039045 2039045 TEMPORARY HOUSING INCOME 51299 51299 Tuition and fees 6331982 6331982 8874279 7883 7883 0 0 0 8137 8137 8137 8137 40253 40253 40253 0 0 0 9951383 8831117 99435 0 0 0 0 397544 357459 40085 0 4092357 3574850 517507 140019 126017 14002 427184 384466 42718 374900 337410 37490 0 171 171 30877 30877 0 0 0 122059 12496 109563 162210 162210 17491 11214 6277 0 0 843648 661612 182036 162870 32398 130472 0 39279 3123 36156 394281 326993 67288 0 580324 387937 192387 135469 89785 45684 FOOD PURCHASES 297720 297720 OPERATING SUPPLIES 263960 180641 83319 REPAIR & MAINTENANCE 199571 191534 8037 EQUIPMENT RENTAL 194261 21320 172941 865320 352736 512464 120 9741515 7511921 2229474 120 413210 326381 110024 4138 200000 0 268742 749608 0 0 0 0 98968 80675 13897514 2881508 8854504 11016006 161173 0 0 89445 87120 790159 663762 10825052 13088863 112244 317590 553057 794584 5753726 7321947 600000 500000 291380 426529 7310407 9360650 X 2808239 2839785 650189 817428 56217 71000 3514645 3728213 10825052 13088863 209868 3700 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 56217 15000 1993 73210 50000 6000 217 56217 50000 50000 50000 50000 1.00000 false false false 955946 955946 10516334 1773653 8742681 627795 79413 548382 1202361 649250 553111 595078 379192 215886 11016006 DEPOSITS 43827 LONG TERM PROMISES TO GIVE 289935 663762 INTEREST RATE SWAP LIABILITY 195895 PAYROLL LIABILITIES 132538 RETIREMENT PAYABLE 98096 426529 X 9955083 3700 3700 9951383 9951383 9741515 9741515 9741515 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o THE COLLEGE RECEIVES VARIOUS DONATIONS OF ARTWORK. THE COLLEGE HAS CHOSEN NOT OT CAPITALIZE THESE PIECES, AS THEY REMAIN PART OF THE COLLEGE'S PERMANENT COLLECTION ON DISPLAY. Part V, Line 4: Intended uses of the endowment fund. TO PROVIDE FUNDS FOR FUTURE SCHOLARSHIPS. Part X : FIN48 Footnote Uncertain Tax Positions - The College follows the reporting and disclosure guidance for uncertainty in income taxes as defined in FASB ASC 740. The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. As of June 30, 2015, the College had no uncertain tax positions that qualify for recognition or disclosure in the financial statements true true true true true true true false false false false false false false false false false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The policy is stated in all advertising/news releases at the start of the school year Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race X X X X X X X false FL BIKE WEEKEND 17891 17891 PARENTS WEEKEND 17550 17550 35441 35441 35441 X X X X X false false false false false false false false false false GEORGE J HAGERTY President 172179 17800 9180 5160 204319 Part I, Line 1a: Relevant information in regards to selections on 1a. X 1 110000 APPRAISAL X EQUIPMENT 22 19028 COST OF ITEMS 1 false true false Form 990, Part VI, Line 11b: Form 990 Review Process BOARD OF TRUSTEES MEMBERS ARE PROVIDED A DRAFT COPY OF THE FORM 990 FOR THEIR REVIEW, CHANGES NOTED BY MEMBERS ARE MADE AS NECESSARY, AND THE FINAL FORM 990 IS THEN FILED UPON SIGNATURE OF AN AUTHORIZED OFFICER. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts INCLUDED IN THE POLICIES AND PROCEDURES MANUAL AND IS REVIEWED ANNUALLY. DURING BOARD OF TRUSTEES MEETINGS, ANY POTENTIAL CONFLICTS OF INTEREST REQUIRED TO BE DISCLOSED BY OFFICERS/KEY EMPLOYEES ARE REVIEWED AND FURTHER ACTION IS TAKEN IF NECESSARY AND DOCUMENTED IN THE MINUTES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE PROCESS INCUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE BOARD OF TRUSTEES VOTES ON COMPENSATION PACKAGES, USING COMPARABILITY DATA FROM SIMILAR EXEMPT ORGANIZATIONS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR A REASONABLE COPYING CHARGE.