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Lynchburg Beacon Of Hope Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453797831 ✦ Lynchburg, VA ✦ Designated as a 501(c)(3)

Overview

What is Lynchburg Beacon Of Hope Inc?

Lynchburg Beacon of Hope Inc is a nonprofit organization situated in Lynchburg, Virginia. They operate by establishing Future Centers within both local high schools, providing resources and guidance to all students on financial aid and college admissions. These centers are supported, maintained, and funded by the Beacon of Hope. Their mission is to inspire all Lynchburg City Public School students to aspire towards post-secondary education and equip them with the necessary tools and resources to achieve this goal. They offer mentoring programs, guidance on local and federal financial aid, and assist students in utilizing all available resources. Scholarships are also offered as part of their application process. With a team of 10 dedicated individuals, Lynchburg Beacon of Hope Inc is committed to fostering educational opportunities for its community's youth.


Official website here: www.beaconofhopelynchburg.org

Is Lynchburg Beacon Of Hope Inc legitimate?

Lynchburg Beacon Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynchburg Beacon Of Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $63,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $493,871

For more financial information, click here


Official website here: www.beaconofhopelynchburg.org

What is the mission statement of Lynchburg Beacon Of Hope Inc?

Lynchburg Beacon of Hope Inc's mission is to inspire all students attending Lynchburg City Public Schools to aspire towards pursuing post-secondary education and equip them with the necessary tools and resources to achieve this goal. The organization operates Future Centers within both high schools, which are funded, maintained, and staffed by the Beacon of Hope. These centers provide resources on financial aid and college admissions, guide students on local and federal financial aid options, and offer mentoring programs to encourage students to apply for and make the most of available resources. Scholarships are also available as part of the application process.


Official website here: www.beaconofhopelynchburg.org

Who is the CEO of Lynchburg Beacon Of Hope Inc?

Laura Hamilton is the Director of Lynchburg Beacon Of Hope Inc.


Official website here: www.beaconofhopelynchburg.org

What is the revenue of Lynchburg Beacon Of Hope Inc?

Lynchburg Beacon Of Hope Inc's revenue in 2023 was $1,088,472.


Official website here: www.beaconofhopelynchburg.org

Who are the executives of Lynchburg Beacon Of Hope Inc and what are their salaries?

The average compensation at Lynchburg Beacon Of Hope Inc during 2023 was $55,752. There are 10 employees at Lynchburg Beacon Of Hope Inc.

Here are 31 key members and their salaries:

    Laura Hamilton (Exec Director)
  • Compensation: $63,650
  • Related: $0
  • Other: $0

    • Margaret Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Veronica Beverly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Capps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Crank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Cros (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tab Culberston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Delaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Garrard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kellea Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Hooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hylan Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Hurt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Desha Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Madden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvette Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mari Normyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Nolley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Preston (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Jane Pryor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Raulerson (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Schmitt (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Smithson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamison Spinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kennon White (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marty Wright (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Zippel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.beaconofhopelynchburg.org

    Where can I find the form 990 for Lynchburg Beacon Of Hope Inc?

    The Lynchburg Beacon Of Hope Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.beaconofhopelynchburg.org

    Learn more at the official website: www.beaconofhopelynchburg.org

    Mission Statement of Lynchburg Beacon Of Hope Inc

    Lynchburg Beacon of Hope Inc is an organization committed to encouraging all students in Lynchburg City Public Schools to aspire towards pursuing post-secondary education. Recognizing the importance of higher education in shaping future prospects, this nonprofit provides the necessary tools and resources for these students to achieve their academic goals. The heart of its mission is housed within Future Centers, established in both high schools, which are staffed, maintained, and funded by the Beacon of Hope.

    These Future Centers serve as hubs of knowledge, offering resources on financial aid and college admissions to all students. They guide students through the process of understanding local and federal financial aid, ensuring they are aware of all available opportunities. Furthermore, the Beacon of Hope offers mentoring programs that diligently work to encourage students to apply for scholarships and leverage all available resources. These mentoring programs play a pivotal role in motivating students and helping them navigate the complexities of the college application process.

    Impact

    This information is meant to be a general summary of Lynchburg Beacon Of Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lynchburg Beacon Of Hope Inc's impact can be seen in the way it provides all Lynchburg City public school students with the tools and resources to attain a post-secondary education. Through their Future Centers housed in both LCS high schools, staffed, maintained, and funded by the Beacon of Hope, students have access to resources on financial aid and college admissions. They receive guidance on local and federal financial aid, participate in mentoring programs that encourage them to apply for all available resources, and opportunities for scholarships as part of the application process. This initiative actively works to instill in students the aspiration to pursue higher education and equips them with the necessary support to achieve this goal.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $57,902
  • Program Service Revenue: $0
  • Gross Receipts: $1,213,719

    • Assets and Liabilities:
  • Total Assets: $5,011,542
  • Total Liabilities: $433,594
  • Net Assets: $4,577,948
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Laura Hamilton

    Main Address

    PO BOX 1261, LYNCHBURG, VA, 24505

    NTEE Category

    Code: B12 - Education

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