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Nonprofit · EIN 82-1523381

BEAN PATH

Tax-exempt · JACKSON, MS 39203

Financials

$676K$790K2023$747K$865K2024
Revenue Expenses · by fiscal year end
Financials of BEAN PATH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$747,145$865,250-$118,105$533,772$33,159$500,613
December 31, 2023990$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.

NameTitleHours / weekCompensation
TAMIKA JENKINSEXECUTIVE DIRECTOR
Officer
1$43,269
TONIE SEPHUSHR & FINANCE OFFICER
Officer
1$19,831
DR CRESTON BURSEDEPUTY DIRECTOR
Officer
1$15,000
DR NASHLIE SEPHUSCEO
Trustee or director, Officer
1$0
XAVIUR LEVYBOARD MEMBER
Trustee or director
1$0
STEPHEN BROWNBOARD MEMBER
Trustee or director
1$0
THERESA KENNEDYBOARD MEMBER
Trustee or director
1$0
NADER DABITBOARD MEMBER
Trustee or director
1$0
RODERICK JACKSONBOARD MEMBER
Trustee or director
1$0
ALEMESHA CAMPBELLBOARD MEMBER
Trustee or director
1$0
SARAH LEEBOARD MEMBER
Trustee or director
1$0
AMBER AVERYBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
DR NASHLIE SEPHUSCEO
Trustee or director, Officer
1$0
TAMIKA JENKINSEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
DR CRESTON BURSEDEPUTY DIRECTOR
Trustee or director, Officer
1$0
TONIE SEPHUSHR & FINANCE OFFICER
Trustee or director, Officer
1$0
XAVIUR LEVYBOARD MEMBER
Trustee or director
1$0
STEPHEN BROWNBOARD MEMBER
Trustee or director
1$0
THERESA KENNEDYBOARD MEMBER
Trustee or director
1$0
NADER DABITBOARD MEMBER
Trustee or director
1$0
RODERICK JACKSONBOARD MEMBER
Trustee or director
1$0
ALEMESHA CAMPBELLBOARD MEMBER
Trustee or director
1$0
SARAH LEEBOARD MEMBER
Trustee or director
1$0
AMBER AVERYBOARD 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
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.

990 for the year ended December 31, 2024

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+ ATTENDEES
    Expenses $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 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
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
Assets (IRS master file)
$533,772
Income (IRS master file)
$747,145

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$747,145$865,250$533,772XML
990December 2023$675,658$790,104$631,076XML
990December 2022$515,645$649,688$515,232IRS
990December 2021$848,389$223,927$644,133IRS
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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