Beaverton Education Association: An Overview
The Beaverton Education Association (BEA) is an organization for which detailed information can be gleaned from publicly available records, primarily through Form 990 filings with the IRS. These filings offer insights into the organization’s financial activities, governance, and mission. This article aims to provide an overview of the information available regarding the BEA, drawing primarily from Form 990 documents and related resources.
Data Sources and Availability
Much of the information about the Beaverton Education Association comes from its filings with the Internal Revenue Service (IRS). These filings, particularly Form 990, Form 990-EZ, and Form 990PF, are crucial resources. These forms are accessible through various channels, including ProPublica's Nonprofit Explorer and the IRS itself. The data includes organization names, addresses, and other identifying information, offering a comprehensive view of the BEA's operational and financial landscape.
Form 990 documents are available as XML files, providing machine-readable formats of key data such as officer information and tax schedules. This structured format facilitates in-depth analysis and comparison across different fiscal years.
The availability of raw filing data, coupled with Exempt Organization profiles, supports transparency and enables stakeholders to understand the BEA's role and impact within the educational community. These profiles typically include the organization's name, address, and other pertinent details.
Form 990: A Window into BEA's Finances
Form 990 is an informational return that most tax-exempt organizations must file annually. It provides the IRS and the public with a detailed look at the organization's activities, finances, and governance. For organizations like the Beaverton Education Association, which may not meet the threshold requiring the full Form 990, the Form 990-EZ is used. This is a simplified version for smaller organizations. Form 990PF is used specifically for private foundations.
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The information contained within these forms includes:
- Revenues and Expenses: A breakdown of the organization's income sources and expenditures, offering insights into its financial sustainability and resource allocation.
- Assets and Liabilities: A snapshot of the organization's financial position at the end of the fiscal year, including its holdings and debts.
- Program Service Accomplishments: A description of the organization's activities and their impact, demonstrating how it fulfills its mission.
- Compensation of Officers, Directors, and Key Employees: Details about the salaries and benefits paid to the organization's leadership, providing transparency regarding its management costs.
- Lobbying Activities: Disclosure of any lobbying activities undertaken by the organization, shedding light on its advocacy efforts.
- Relationships with Other Organizations: Information about any connections or affiliations with other entities, revealing its network and partnerships.
Historical Data and Trends
The availability of Form 990 filings from multiple years, such as the 2011-2018 fiscal years, allows for the analysis of trends and changes in the Beaverton Education Association's financial performance and activities over time. By examining these filings, it is possible to identify patterns in revenue, expenses, and program service accomplishments, providing valuable insights into the organization's growth and evolution.
Analyzing these trends can reveal significant shifts in the organization's priorities, strategies, and impact. For example, a consistent increase in program service expenses may indicate a growing focus on direct services to members, while a decline in fundraising revenue may suggest a need to diversify funding sources.
Understanding Audits
Audits play a crucial role in ensuring the financial accountability and transparency of organizations like the Beaverton Education Association. These independent examinations of an organization's financial records and internal controls provide assurance that its financial statements are accurate and reliable.
While specific audit reports for the BEA may not be readily available, the Form 990 filings often include information about whether the organization underwent an audit and the scope of the audit. This information can help stakeholders assess the organization's commitment to financial integrity and sound management practices.
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Implications and Considerations
The information derived from Form 990 filings provides a valuable resource for understanding the Beaverton Education Association's operations, finances, and impact. However, it is important to consider the limitations of this data.
- Data Lag: Form 990 filings are typically submitted several months after the end of the fiscal year, so the information may not be entirely up-to-date.
- Interpretation: Analyzing Form 990 data requires careful interpretation and an understanding of accounting principles and nonprofit regulations.
- Context: It is important to consider the broader context in which the organization operates, including the economic environment and the needs of the community it serves.
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