The Beacon Project

Housing & shelter organization based in Islesboro, ME. 21 employees. Exempt under §501(c)(3).

MissionTo make it possible for our elders to remain here on Islesboro with dignity and comfort as part of our island community. The Beacon Project owns and operates Boardman Cottage, an eight-bedroom assisted living facility.

EIN
06-1694292
State
ME
Sector
Housing & shelter
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$956K
Total revenue
$942K
Total expenses
$3.1M
Net assets

Financial health · TY 2023

90
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
37.5 months of expenses
Program efficiency
76
80.2% spent on programs
Revenue diversity
100
Mix of program fees, grants & contributions

Leadership compensation

Maura Michael
Administrator
$71,521
62th percentile vs. peers

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The Beacon Project Executive Compensation | 990 Data | DoubleNine