Public Charity

22BEACON INC

22BEACON INC is a Public Charity headquartered in HANOVER, MD. Financial data from the 2024 filing: $14.6M revenue, $12.6M expenses, $182.6M total assets. 15 publicly reported grants to this organization, totaling roughly $23.9M, appear in IRS filings.

EIN: 522063496 HANOVER, MD Education N.E.C. NTEE: B99 Latest filing: 2024
Total Revenue$14.6M
Total Expenses$12.6M
Total Assets$182.6M
Grant Records15
Funding Total$23.9M
Filing Years2019–2024

Mission

CSDC IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) ESTABLISHED TO ASSIST PUBLIC CHARTER SCHOOLS IN THE ACQUISITION AND FINANCING OF EDUCATIONAL FACILITIES AND RELATED CAPITAL IMPROVEMENTS.

Where $100 goes at 22BEACON Inc

How 22BEACON Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$70 Programs the work itself
$30 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $70 for programs

$70
Providing loans, credit enhancements, financing guarantees, facility development and management support to charter schools
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT & CEO Alan Washington
BUSINESS ANALYST Brittany Kozlewski
DIRECTOR Christina Ryan Digiulian
DIRECTOR & TREASURER Eliseo Valdez
VICE CHAIR Ember Reichgott Junge
VP, ACCOUNTING Glenn Klein

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$23,641,112 14 grants
Unspecified
$299,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $14.6M $12.6M $182.6M
2023 $25.0M $8.9M $153.8M
2022 $12.6M $7.9M $136.6M
2020 $8.5M $7.6M $122.3M
2019 $20.3M $8.1M $111.8M

Between 2019 and 2024, reported annual revenue declined from $20.3M to $14.6M (-28%), with total assets most recently reported at $182.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for 22BEACON INC

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