Nonprofit · EIN 82-1523381
BEAN PATH
Tax-exempt · JACKSON, MS 39203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $747,145 | $865,250 | -$118,105 | $533,772 | $33,159 | $500,613 |
| December 31, 2023 | 990 | $675,658 | $790,104 | -$114,446 | $631,076 | $12,358 | $618,718 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $662,748
- Program service revenue
- $84,397
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $78,100
- Other salaries and wages
- $110,333
- Salaries, compensation and benefits (total)
- $203,413
- Professional fundraising fees
- $0
- Accounting fees
- $10,105
- Occupancy
- $124,692
- Travel
- $2,755
- Depreciation
- $19,522
- Program services (functional)
- $616,986
- Management and general (functional)
- $157,377
- Fundraising (functional)
- $90,887
Balance sheet and other
- Total assets, start of year
- $631,076
- Total assets, end of year
- $533,772
- Total liabilities, end of year
- $33,159
- Net assets, end of year
- $500,613
- Land, buildings and equipment
- $209,568
- Net assets without donor restrictions
- $275,711
- Net assets with donor restrictions
- $224,902
- Gross receipts
- $747,145
- Employees
- 6
- Volunteers
- 9
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMIKA JENKINS | EXECUTIVE DIRECTOR Officer | 1 | $43,269 |
| TONIE SEPHUS | HR & FINANCE OFFICER Officer | 1 | $19,831 |
| DR CRESTON BURSE | DEPUTY DIRECTOR Officer | 1 | $15,000 |
| DR NASHLIE SEPHUS | CEO Trustee or director, Officer | 1 | $0 |
| XAVIUR LEVY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHEN BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| THERESA KENNEDY | BOARD MEMBER Trustee or director | 1 | $0 |
| NADER DABIT | BOARD MEMBER Trustee or director | 1 | $0 |
| RODERICK JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALEMESHA CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH LEE | BOARD MEMBER Trustee or director | 1 | $0 |
| AMBER AVERY | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR NASHLIE SEPHUS | CEO Trustee or director, Officer | 1 | $0 |
| TAMIKA JENKINS | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 |
| DR CRESTON BURSE | DEPUTY DIRECTOR Trustee or director, Officer | 1 | $0 |
| TONIE SEPHUS | HR & FINANCE OFFICER Trustee or director, Officer | 1 | $0 |
| XAVIUR LEVY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHEN BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| THERESA KENNEDY | BOARD MEMBER Trustee or director | 1 | $0 |
| NADER DABIT | BOARD MEMBER Trustee or director | 1 | $0 |
| RODERICK JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALEMESHA CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH LEE | BOARD MEMBER Trustee or director | 1 | $0 |
| AMBER AVERY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 451 N GALLATIN ST, JACKSON, MS 39203-0200
- In care of
- % NASHLIE SEPHUS
- Mailing address (990-N for 2020)
- 1915 Utah Street, Jackson MS 39213
- Principal officer (990 for 2024)
- NASHLIE SEPHUS, PO BOX 776, JACKSON, MS 39205
- Principal officer (990-N for 2020)
- Nashlie Sephus CEO, 3458 Walnut Ridge, Atlanta GA 30349
- Signed the 990
- NASHLIE SEPHUS, CEO
- Phone
- (769) 208-3567
- Website
- thebeanpath.org
- Return prepared by
- MATTHEWS CUTRER & LINDSAY PA
Mission
TO CREATE EQUITY STEAM OPPORTUNITIES & CULTIVATE THE TALENT IN MISSISSIPPI BY PROVIDING ACCESS TO TOOLS, KNOWLEDGE, & NETWORKS TO EDUCATE AND STRENGTHEN THE COMMUNITY, STARTING WITH JACKSON, MISSISSIPPI. THE ORGANIZATION'S GOALS INCLUDE EXPOSING PEOPLE TO POSSIBILITIES AND OPPORTUNITIES, GROWING THE TECH ECHOSYTEM, EMPOWERING PEOPLE TO DEVELOP AND SHARE NEW TECH SKILLS, AND MENTORING ENTREPRENEURS AND INNOVATORS THROUGH STEAM CHALLENGES AND CAREERS.
Program accomplishments
- DURING THE PAST PROJECT YEAR, THE BEAN PATH WAS ABLE TO NOT ONLY COMPLETE ALL EXPECTED RESULTS, BUT IN MANY CASES EXCEED THEM. THIS YEAR, THE ORGANIZATION CELEBRATED THE 6TH ANNIVERSARY OF THE BEAN PATH AND WANTED TO EXPAND ITS REACH AND IMPACT IN THE COMMUNITY. THE GOAL WAS TO CULTIVATE ENTREPRENEURIAL AND INNOVATIVE TALENT IN MISSISSIPPI THROUGH BEING THE ONE-STOP TECH-FACING SOURCE THAT PROVIDES ACCESS TO THE TOOLS, KNOWLEDGE, AND NETWORK NECESSARY TO EDUCATE, INNOVATE AND BUILD A STRONG, INSPIRED, FUTURE WORKFORCE. THE BEAN PATH PROMISED TO PROVIDE LOW-INCOME AND UNDER-EMPLOYED PROGRAM PARTICIPANTS WITH A GROUP AND/OR INDIVIDUALIZED INSTRUCTION AT NO COST. SUBJECT MATTER EXPERT FACILITATORS INTRODUCED AND IMPARTED NEW CONCEPTS AND METHODOLOGIES THAT BUILD ON DIGITAL LITERACY AWARENESS, DEVELOPMENT, AND IMPLEMENTATION. THE ORGANIZATION PROMISED TO OFFER FREE TO LOW-COST CERTIFIED PROGRAMMING BY EXPANDING COMMUNITY PARTNERSHIPS WITH OTHER ORGANIZATIONS THAT ALIGN WITH THE BEAN PATH'S MISSION.BELOW ARE JUST SOME OF THE SUCCESSES THE ORGANIZATION EXPERIENCED DURING 2024:- HIRED 9 CONTRACTORS THIS YEAR TO ASSIST WITH AN AMBASSADOR PROGRAM, SOFTWARE DEVELOPMENT, PARTNERSHIP MANAGEMENT, LEGISLATIVE ASSISTANCE, AND INFORMATION TECHNOLOGY. - LAUNCHED ITS FIRST APP SPONSORED BY ENTERGY- LAUNCHED A NEW PROGRAM "STEAM TUESDAYS", WHICH IS AN AFTERSCHOOL PROGRAM FOR YOUTH K-12- COMPLETED THE 3RD COHORT OF OATS IN DECEMBER. TWO NEW CLASSES GRADUATED AND ALUMNI CLASSES CONTINUE TO RETURN FOR NEXT LEVEL TRAINING. - HOSTED THREE TECH TALKS AND HAD APPROXIMATELY 50 PEOPLE IN ATTENDANCE- 206 UNIQUE INDIVIDUALS ATTENDED THE MAKERSPACE CLASSES (NOT COUNTING ANNIVERSARY EVENTS)- SIPP AND CLASSES ARE A HIT AND BEAN PATH IS HOPEFUL THAT IT WILL HAVE MORE ATTENDEES AND BE MORE PROFITABLE- MULTIPLE YOUTH ROBOTICS CLUBS ARE GOING WELL. BEAN PATH HOSTED A ROBOTIC SCRIMMAGE AND APPROXIMATELY 8 YOUTHS PARTICIPATED IN THE COMPETITION. -HIGHEST ATTENDED EVENT IN DECEMBER OATS GRADUATION WITH 50+ ATTENDEESExpenses $616,986 · revenue $84,397
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1523381
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S02)
- Assets (IRS master file)
- $533,772
- Income (IRS master file)
- $747,145
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $747,145 | $865,250 | $533,772 | XML |
| 990 | December 2023 | $675,658 | $790,104 | $631,076 | XML |
| 990 | December 2022 | $515,645 | $649,688 | $515,232 | IRS |
| 990 | December 2021 | $848,389 | $223,927 | $644,133 | IRS |
| 990-N for 2020 Officer: Nashlie Sephus CEO | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Nashlie Sephus | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-1523381).
Questions about BEAN PATH
- What is the EIN of BEAN PATH?
- The employer identification number (EIN) of BEAN PATH is 82-1523381.
- Is BEAN PATH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to BEAN PATH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BEAN PATH 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 BEAN PATH 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 BEAN PATH 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 BEAN PATH?
- The 990 for the year ended December 31, 2024 names NASHLIE SEPHUS.
- Who are the officers and directors of BEAN PATH?
- The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $43,269 (TAMIKA JENKINS, EXECUTIVE DIRECTOR).
- How much revenue does BEAN PATH have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $747,145, expenses of $865,250 and total assets of $533,772 at year end.
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- MISSISSIPPI FIRST INC EIN 80-0310153 · last filed 990 for 2025
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All nonprofits in JACKSON · Mississippi · Community improvement and capacity building