Nonprofit · EIN 59-3810598
BEREAN WAY INC
Tax-exempt · TUALATIN, OR 97062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $38,708 | $40,044 | -$1,336 | $37,248 | – | $38,033 |
| December 31, 2022 | 990-EZ | $53,456 | $52,032 | $1,424 | $39,369 | – | $28,432 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $38,708
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $40,044
- Program services (functional)
- $38,417
Balance sheet and other
- Total assets, start of year
- $39,369
- Total assets, end of year
- $37,248
- Total liabilities, end of year
- –
- Net assets, end of year
- $38,033
- Cash, savings and investments
- $37,248
- Gross receipts
- $38,708
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Valdes | Presidentq | 20 | $0 |
990-EZ for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Valdes | President | 20 | $0 |
| Todd Melrose | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 22000 SW HEDGES DR, TUALATIN, OR 97062-8922
- In care of
- % JEFFREY M VALDES
- Mailing address (990-N for 2025)
- PO BOX 63, Franklin TN 37069
- Principal officer (990-N for 2025)
- Jeffrey Valdes, 2204 Wimbledon Cir, Franklin TN 37069
- Signed the 990-EZ
- Jeffrey Valdes, President
- Phone
- (503) 887-4921
- Website
- www.bereanway.org
Mission
We go to the forgotten people of the world and teach them how to understand the Bible for themselves, provide pastor and elder training, and partner with local leaders to provide needed support per each individual communitys request.
Program accomplishments
- The majority of our efforts this year were spent investing into our long-time relationships with the pastors and leaders in rural India continuing the work of Bible training and disciple making. Several thousand people were served and dozens were specifically invested into as the main leaders in their villages.Expenses $38,417
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 59-3810598
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Religion-related (X80)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Jeffrey Valdes | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: Jeffrey Valdes | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $38,708 | $40,044 | $37,248 | XML |
| 990-EZ | December 2022 | $53,456 | $52,032 | $39,369 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-3810598).
Questions about BEREAN WAY INC
- What is the EIN of BEREAN WAY INC?
- The employer identification number (EIN) of BEREAN WAY INC is 59-3810598.
- Is BEREAN WAY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to BEREAN WAY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BEREAN WAY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BEREAN WAY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BEREAN WAY INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of BEREAN WAY INC?
- The 990-N for 2025 names Jeffrey Valdes.
- Who are the officers and directors of BEREAN WAY INC?
- The 990-EZ for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
- How much revenue does BEREAN WAY INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $38,708, expenses of $40,044 and total assets of $37,248 at year end.
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