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Beacon Academy Inc

 477 Longwood Avenue
 Boston, MA 02215
[P] (617) 960-7706
[F] (617) 731-3711
www.beaconacademy.org
[email protected]
Marsha Feinberg
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INCORPORATED: 2005
 Printable Profile (Summary / Full)
EIN 73-1710051

LAST UPDATED: 08/18/2016
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

Mission StatementMORE »

Beacon Academy provides a transformational year between 8th and 9th grades to promising, motivated and hard-working students from Boston and surrounding urban areas. Inspired by a challenging curriculum and stimulating co-curricular experiences, students learn vital academic skills and develop habits of mind that empower them to change the trajectory of their lives. They emerge as active learners with increased confidence, critical thinking skills, and broader vision, prepared to thrive at competitive independent high schools that share our commitment to their success.  Beacon Academy supports its alumni as they continue their journeys.  The school welcomes opportunities to work in partnership with teachers and schools to help create and maintain inclusive communities for all.

Mission Statement

Beacon Academy provides a transformational year between 8th and 9th grades to promising, motivated and hard-working students from Boston and surrounding urban areas. Inspired by a challenging curriculum and stimulating co-curricular experiences, students learn vital academic skills and develop habits of mind that empower them to change the trajectory of their lives. They emerge as active learners with increased confidence, critical thinking skills, and broader vision, prepared to thrive at competitive independent high schools that share our commitment to their success.  Beacon Academy supports its alumni as they continue their journeys.  The school welcomes opportunities to work in partnership with teachers and schools to help create and maintain inclusive communities for all.


FinancialsMORE »

Fiscal Year July 01, 2016 to June 30, 2017
Projected Income $1,734,000.00
Projected Expense $1,660,597.00

ProgramsMORE »

  • Empowering Year between 8th and 9th Grade

Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Beacon Academy provides a transformational year between 8th and 9th grades to promising, motivated and hard-working students from Boston and surrounding urban areas. Inspired by a challenging curriculum and stimulating co-curricular experiences, students learn vital academic skills and develop habits of mind that empower them to change the trajectory of their lives. They emerge as active learners with increased confidence, critical thinking skills, and broader vision, prepared to thrive at competitive independent high schools that share our commitment to their success.  Beacon Academy supports its alumni as they continue their journeys.  The school welcomes opportunities to work in partnership with teachers and schools to help create and maintain inclusive communities for all.


Background Statement

 

Founded in 2005, Beacon Academy, the first school of this kind in the country, offers urban students 14 months of full-time school between the 8th and 9th grades to prepare them academically, socially, and culturally to thrive in competitive independent high schools and 4-year colleges. Founders, Cindy Laba and Marsha Feinberg, were well qualified to envision and build Beacon given their leadership experiences at City Year, Citizen Schools and other non-profit organizations. In 2003, as Vice President of a Boston charter high school, Cindy observed 68 of 73 students receive failing grades in at least one class during the first quarter of their freshman year, which put them on a 5-year track to high school completion. Two-thirds dropped out before graduation. Simultaneously, Marsha was aware of the challenges facing independent high schools in recruiting and retaining urban students. The educational, cultural and socio-economic divide was ever widening between rich and poor. Together with Mervan Osborne, a 13-year veteran teacher from Buckingham Browne & Nichols School, these three leaders recruited talented teachers, hard-working volunteers, and generous donors to create a sustainable and replicable model. 

Beacon mitigates the crisis in education among economically disadvantaged students through our intense academic and cultural program and our continued investment in our graduates. Our high school graduation rate is 100%; and, of our 129 high school graduates, 92% have either graduated from four-year colleges or are still pursuing a four-year degree.

 
 

 


Impact Statement

Since opening its doors in July 2005, Beacon Academy has graduated 204 students.  Collectively, our graduates have earned over $45 million in scholarship funding for high school and college. We have a 100% high school graduation rate, and, of our high school graduates, approximately 92% are enrolled in or have graduated from college. 
 
Organizational Goals and Objectives 
1) 100% of our alumni will graduate from independent high schools supported by adequate financial aid.
2) 100% of our graduates will attend schools in which they will perform to their academic, social and leadership potential.                     
3) 100% of our alumni will graduate from four year colleges.
4) Beacon alumni, volunteers, and staff will partner with independent schools to improve the overall experience for low-income students of color and their families.
 
 
 
 

Needs Statement

Beacon Academy has two primary needs: tuition support for our students and general operating funds for the Alumni Program.

Tuition Support
A 14-month Beacon Academy education costs $30,000. Our families are able to contribute less than 1% of the cost of tuition. Beacon Academy raises private funds for the remainder.
 
Alumni Program 
We stay connected to our alumni through high school, college, and into their time as professionals in the work force.  Navigating and excelling in the elite worlds of independent schools and competitive colleges is a challenging and sometimes overwhelming task for our graduates.  We are able to provide some financial support, as well as continued engagement through our five annual alumni events, personal visits from Beacon teachers at new schools, care packages, and comprehensive college advising including essay writing boot camps, and SAT and ACT preparation, evaluation of financial aid packages, assistance with securing gap funding and guidance during college year to ensure graduation.  

CEO Statement

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Board Chair Statement

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Geographic Area Served

GREATER BOSTON REGION, MA
Students are responsible for commuting to Beacon, located at Temple Israel in Boston, from their respective neighborhoods which include, but are not limited to, Dorchester, Mattapan, East Boston, Taunton, Roxbury, Chelsea, and Cambridge.

Organization Categories

  1. Education - Elementary & Secondary Schools
  2. Youth Development - Youth Development Programs
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Empowering Year between 8th and 9th Grade

Beacon Academy is a one of a kind transformative experience offered to a select group of urban students who devote a year between 8th and 9th grades preparing for entrance to competitive independent and public exam high schools. Through rigorous academics and empowering experiences, Beacon Academy aims to change the trajectory of students’ lives.

The fourteen month school year begins with an enriching summer program which includes core academic skills building and a co-curricular program (social and cultural). It continues in September with six-day school weeks of challenging academic work focused on honing expository writing skills, reading comprehension, and quantitative analysis. The experience culminates in a second summer of individually designed study and leadership development. The Beacon Academy curriculum strengthens core competencies and develops necessary new skills preparing our students for success in secondary school and beyond. Beacon Academy continues to be a source of encouragement and support to its alumni, too.

Budget  tbd
Category  Education, General/Other
Population Served Minorities Other Economic Level
Program Short-Term Success  --
Program Long-Term Success  Placed 15 graduates in competive high schools, leveraging more than $1.1million in scholarship funding.
Program Success Monitored By  --
Examples of Program Success  --

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Ms. Cindy Laba
CEO Term Start July 2004
CEO Email [email protected]
CEO Experience

For the past 25 years, Cindy Laba has devoted her professional life to the education and development of young people. She started by doing prevention work with middle and high school age students from the D Street Public Housing Development and the Boys & Girls Club in South Boston. Upon completing a Master’s Degree in Social Work, she worked with emotionally disturbed adolescents who lived at Harbor Schools in Newburyport. Cindy spent most of her career at City Year, one of America’s leading national service programs, where she developed and implemented enterprise-wide recruitment, fundraising, and intranet systems. When she was named a Vice President, she turned her focus to development and producing major national events both in the US and South Africa. In 2004–2005 she served as Vice President of City on a Hill Charter School in Boston and is now Founder and General Manager of Beacon Academy, after ten years as its first Head of School.

Co-CEO Ms. Marsha Feinberg
Co-CEO Term Start July 2004
Co-CEO Email [email protected]
Co-CEO Experience

Marsha Feinberg is a leading social entrepreneur and consultant with more than 35 years of experience. Marsha played major roles in launching many new non-profits by providing strategic planning, fundraising and community building expertise. Her first start-up was with the John F. Kennedy Library Foundation where she founded and directed the JFK Library Corps, an after school service program for students from South Boston, Roxbury and Dorchester. For two years Marsha was the Director of Recruitment for Mayor Koch’s City Volunteer Corps, one of the first service corps in the country. After receiving her MBA from Columbia Business School she returned to Boston and worked at City Year during its early years, and helped launch the Clinton Democracy Fellows Program in South Africa. Marsha was the Founding Chair of the Board of Directors of Citizen Schools and served 10 years in that role, growing the organization from a Boston-based program to a national network of after-school programs. She also provides coaching and strategic advice as part of the Advanced Leadership Initiative at Harvard University. Marsha serves on a number of non-profit boards, including Temple Israel, the New England Advisory Board of Facing History and Ourselves, and the Corporation of Belmont Hill School

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Mr. Mervan Osborne Head of School Born and raised in London, England, Mervan Osborne moved to New York City with his family as a teen. After graduating from St. George’s School, he studied Studio Arts at Trinity College in Hartford, CT, Secondary Education at the University of California and earned his MFA in Film Production at Boston University. Mervan spent two years working for Miramax Films in New York, and taught English in Los Angeles as a member of the Teach for America founding corps. After spending 12 years teaching English and Drama and working in the admissions office at Buckingham Browne & Nichols School in Cambridge, Mervan participated in the founding of Beacon Academy. He currently serves as Beacon Academy’s Associate Head of School and focuses on both recruitment of future classes and placement of Beacon’s graduates. Mervan teaches both the Facing History and Ourselves course and Visual Thinking Strategies at the MFA. He also serves as the Governor’s appointee to the Mass Humanities Board and is an elected member of the Cambridge School Committee.

Awards

Award Awarding Organization Year
Excellent Award: Innovation Massachusetts Non Profit Network 2014

Affiliations

Affiliation Year
Association of Independent Schools of New England 2006
Member of state association of nonprofits? Yes
Name of state association Massachusetts Nonprofit Network

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

CEO/Executive Director/Board Comments

--

Foundation Comments

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Staff Information

Number of Full Time Staff 9
Number of Part Time Staff 0
Number of Volunteers 162
Number of Contract Staff 3
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 2
Asian American/Pacific Islander: 0
Caucasian: 9
Hispanic/Latino: 1
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 9
Male: 3
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 5
Management Succession Plan Under Development
Business Continuity of Operations Plan No
Organization Policies And Procedures Under Development
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit Yes
State Registration --

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Bi-Annually
Senior Management Formal Evaluation and Frequency No N/A
Non Management Formal Evaluation and Frequency No N/A

Governance


Board Chair Ms. Pam Dickinson
Board Chair Company Affiliation Persephone Venture Partners
Board Chair Term July 2014 - June 2017
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Ms. Anna Afeyan Consultant --
Ms. Janet Berkeley Consultant --
Mr. John M. Borders Boston Celtics --
Ms. Deedie Bouscaren "Community Volunteer" --
Mr. David Chapin Consultant --
Ms. Lyndsay Charron Consultant --
Ms. Priscilla Cohen Citizen Schools --
Mr. McLane Cover Mistral Capital --
Ms. Lisa DiAdamo The Park School Voting
Ms. Pam Dickinson Consultant --
Ms. Marsha Feinberg Consultant --
Ms. Ilene Greenberg Consultant --
Ms. Wendy Hill Consultant --
Ms. Cindy Laba Beacon Academy --
Ms. Ellie Loughlin Buckingham Browne and Nichols School Voting
Ms. Jessica Lutzker Harvard Business School Voting
Ms. Amy McCarthy Consultant --
Ms. Julie McKenna Persephone Venture Partners Voting
Ms. Victoria Munroe Consultant --
Ms. Allyce Najimy Foundation To Be Named Later --
Mr. Mervan F. Osborne Beacon Academy --
Mr. Kevin Parke Concord Academy Voting
Ms. Carolyn Peter, Chair Emerita Consultant NonVoting
Ms. Katherine Radtke, Clerk Ropes & Gray LLP NonVoting
Ms. Mary Rivet Consultant --
Ms. Mary Rivet Consultant --
Mr. Michael Rubenstein Consultant --
Ms. Ann Ryan Consultant --
Ms. Lorraine Smth Vanderweil Engineers Voting
Ms. Beth Stonebraker Consultant --
Mr. Bob Thomas ACLU of Massachusetts Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 3
Asian American/Pacific Islander: 0
Caucasian: 26
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 22
Male: 7
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 0
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 75%
Constituency Includes Client Representation No

Standing Committees

  • Alumni Affairs
  • Audit
  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Executive
  • Finance
  • Governance and Nominating
  • Investment
  • Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala)

CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2015 2014 2013
Total Revenue $3,378,479 $1,439,957 $1,454,160
Total Expenses $1,388,730 $1,094,829 $986,527

Prior Three Years Revenue Sources

Fiscal Year 2015 2014 2013
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $2,655,423 $925,469 $1,117,089
Indirect Public Support -- -- --
Earned Revenue $32,675 $11,770 $15,950
Investment Income, Net of Losses $-6,063 $93,166 $-13,884
Membership Dues -- -- --
Special Events $696,444 $409,552 $335,005
Revenue In-Kind -- -- --
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2015 2014 2013
Program Expense $1,006,237 $866,027 $751,508
Administration Expense $110,034 $87,280 $117,397
Fundraising Expense $272,459 $141,522 $117,622
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 2.43 1.32 1.47
Program Expense/Total Expenses 72% 79% 76%
Fundraising Expense/Contributed Revenue 8% 11% 8%

Prior Three Years Assets and Liabilities

Fiscal Year 2015 2014 2013
Total Assets $4,399,495 $2,404,097 $2,057,786
Current Assets $3,495,413 $2,300,702 $1,837,441
Long-Term Liabilities -- -- --
Current Liabilities $45,880 $40,231 $39,048
Total Net Assets $4,353,615 $2,363,866 $2,018,738

Prior Three Years Top Three Funding Sources

Fiscal Year 2015 2014 2013
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value $2,000,000.00
Spending Policy Income Only
Percentage(If selected) --
Credit Line No
Reserve Fund Yes
How many months does reserve cover? 6.00

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2015 2014 2013
Current Ratio: Current Assets/Current Liabilities 76.19 57.19 47.06

Long Term Solvency

Fiscal Year 2015 2014 2013
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

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Foundation Comments

 Financial summary data in charts and graphs are per the organization's audited financials.  Contributions from foundations and corporations are listed under individuals as the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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