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Nonprofit · EIN 64-0791608

BILOXI FIRST INC

Tax-exempt · BILOXI, MS 39533

Financials

$141K$67K2023$160K$148K2024
Revenue Expenses · by fiscal year end
Financials of BILOXI FIRST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$159,803$147,728$12,075$1,237,645$0$1,237,645
December 31, 2023990$140,802$67,395$73,407$1,225,570$0$1,225,570
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$58,171
Membership dues
$18,975
Program service revenue
$0
Investment income
$87,817
Net gain from sales of assets
$40,585
Net income from fundraising events
$13,815
Other revenue
$13,815

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$147,728

Balance sheet and other

Total assets, start of year
$1,225,570
Total assets, end of year
$1,237,645
Total liabilities, end of year
$0
Net assets, end of year
$1,237,645
Gross receipts
$448,930
Employees
0
Volunteers
0
Year formed
1989
State of legal domicile
MS

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ANN DENISONTREASURER
Trustee or director, Officer
2$0
KANDE DEGRASSE-STEELESECRETARY
Trustee or director, Officer
0.9$0
JEFF BANKSTONDIRECTOR
Trustee or director
0.2$0
HENRY DICKDIRECTOR
Trustee or director
0.3$0
LARRY DRAWDYDIRECTOR
Trustee or director
0.2$0
PAUL A TISDALEDIRECTOR
Trustee or director
0.2$0
BILL BRISCOEPRESIDENT
Trustee or director, Officer
0.2$0
SUSAN HUNTDIRECTOR
Trustee or director
0.2$0
TANNER SWETMANDIRECTOR
Trustee or director
0.2$0
ERIC KRAVETTEDIRECTOR
Trustee or director
0.5$0
DEWEY MASONDIRECTOR
Trustee or director
0.2$0
JIM SPIERSDIRECTOR
Trustee or director
0.2$0
MARCUS BOUDREAUXDIRECTOR
Trustee or director
0.2$0
LOUIS D BRIDGESDIRECTOR
Trustee or director
0.2$0
STEVEN DICKPRESIDENT ELECT
Trustee or director
0.2$0
5 more people on this return
NameTitleHours / weekCompensation
ASHLEIGH LAMASDIRECTOR
Trustee or director
0.2$0
JENNIFER SEYMOURDIRECTOR
Trustee or director
0.2$0
JENNIFER WALKERDIRECTOR
Trustee or director
0.2$0
RAYMOND ALEXANDERDIRECTOR
Trustee or director
0.2$0
PAMELA MANNERSDIRECTOR
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
ANN DENISONTREASURER
Trustee or director, Officer
2$0
KANDE DEGRASSE-STEELESECRETARY
Trustee or director, Officer
0.9$0
JEFF BANKSTONDIRECTOR
Trustee or director
0.2$0
HENRY DICKDIRECTOR
Trustee or director
0.3$0
LARRY DRAWDYDIRECTOR
Trustee or director
0.2$0
PAUL A TISDALEDIRECTOR
Trustee or director
0.2$0
BILL BRISCOEPRESIDENT
Trustee or director, Officer
0.2$0
SUSAN HUNTDIRECTOR
Trustee or director
0.2$0
TANNER SWETMANDIRECTOR
Trustee or director
0.2$0
ERIC KRAVETTEDIRECTOR
Trustee or director
0.5$0
DEWEY MASONDIRECTOR
Trustee or director
0.2$0
JIM SPIERSDIRECTOR
Trustee or director
0.2$0
MARCUS BOUDREAUXDIRECTOR
Trustee or director
0.2$0
LOUIS D BRIDGESDIRECTOR
Trustee or director
0.2$0
STEVEN DICKPRESIDENT ELECT
Trustee or director
0.2$0
ASHLEIGH LAMASDIRECTOR
Trustee or director
0.2$0
JENNIFER SEYMOURDIRECTOR
Trustee or director
0.2$0
JENNIFER WALKERDIRECTOR
Trustee or director
0.2$0
RAYMOND ALEXANDERDIRECTOR
Trustee or director
0.2$0
PAMELA MANNERSDIRECTOR
Trustee or director
0.2$0

Address and contacts

Address (IRS master file)
PO BOX 982, BILOXI, MS 39533-0982
Principal officer (990 for 2024)
JEFF BANKSTON, POST OFFICE BOX 982, BILOXI, MS 39533
Signed the 990
ANN DENISON, TREASURER
Phone
(228) 374-1980
Return prepared by
PILTZ WILLIAMS LAROSA & CO

Mission

THE ORGANIZATION IS DEDICATED TO IMPROVING THE BILOXI SCHOOLS' EDUCATIONAL SYSTEM.

990 for the year ended December 31, 2024

Program accomplishments

  • ENDOWMENT TO THE GULF COAST COMMUNITY FOUNDATION FOR USE IN THE "NAMED GRANT PROGRAM"
    Expenses $114,203
  • 150TH CELEBRATION FUND IS USED FOR TEACHER RECRUITMENT AND RETENTION AT THE BILOXI SCHOOL DISTRICT
    Expenses $22,181
  • EXCEL BY 5 IS A COMMUNITY-BASED CERTIFICATION PROGRAM DESIGNED TO IMPROVE A CHILD'S OVERALL WELL-BEING BY AGE FIVE.
    Expenses $11,344

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
64-0791608
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,237,645
Income (IRS master file)
$448,930

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$159,803$147,728$1,237,645XML
990December 2023$140,802$67,395$1,225,570XML
990December 2022$85,926$78,152$1,152,163IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 64-0791608).

Questions about BILOXI FIRST INC

What is the EIN of BILOXI FIRST INC?
The employer identification number (EIN) of BILOXI FIRST INC is 64-0791608.
Is BILOXI FIRST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to BILOXI FIRST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BILOXI FIRST INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BILOXI FIRST INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BILOXI FIRST INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BILOXI FIRST INC?
The 990 for the year ended December 31, 2024 names JEFF BANKSTON.
Who are the officers and directors of BILOXI FIRST INC?
The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
How much revenue does BILOXI FIRST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $159,803, expenses of $147,728 and total assets of $1,237,645 at year end.

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