Beans Cafe Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To improve the lives of indigent people of Anchorage, Alaska by providing nutritious meals, social service referrals, and a comfortable safe place in which to escape from the elements.
- Income
- $3.8 million
- Spending
- $4.9 million
- Spent on programs
- 75%
- Reserves
- 6.1 months of spending
- Largest source of income
- donations and private grants, 60%
- Employees
- 112
- Volunteers
- 10
- Highest pay
- $151,086, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 65% of charities in its peer group (housing, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 6.1 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
0 of 15Spending exceeded income by 26% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 42% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $2.5 million spent. Adult Meals - Bean's Cafe provides breakfast, hot lunch, and hot and cold beverages and warm day shelter during the day as a safe alternative to the streets, 24 hours a day 365 days per year.
- $723,270 spent. Social Services - The social services program provides direct assistance and referral for clients seeking employment, transportation, housing, medical, legal, alcohol or drug rehabilitation and educational opportunities. In collaboration with a variety of community agencies, additional emergency and long term assistance are provided for those requiring mental health, veteran's assistance, disability, financial and case management services.
- $451,337 spent. Children's Meals - Children's meals program is designed to build strong and healthy foundations for children to increase productivity and enhance school age learning at school and throughout the day. Prepared meals are provided during the school year and delivered to alternative grade schools, high schools, after school programs, and early morning programs, as well as parenting classes. An emphasis is made to expose the kids to delicious food that will give them the nutrients they need for their growing bodies and minds. The idea being that what the kids eat today will affect what they eat as adults. The program continues in the summer months through various summer enrichment programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1979.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.