Nonprofit · EIN 86-3814222
BOOM BEANS LLC
Also known as KYLE WILSON SOLE MBR
Tax-exempt · NICHOLASVILLE, KY 40356
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $457,707 | $281,151 | $176,556 | $231,567 | $0 | $231,567 |
| December 31, 2023 | 990 | $203,710 | $210,284 | -$6,574 | $55,011 | $0 | $55,011 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $54
- Other revenue
- $457,653
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $144,609
- Salaries, compensation and benefits (total)
- $152,085
- Professional fundraising fees
- $0
- Legal fees
- $1,991
- Occupancy
- $23,732
- Program services (functional)
- $281,151
Balance sheet and other
- Total assets, start of year
- $55,011
- Total assets, end of year
- $231,567
- Total liabilities, end of year
- $0
- Net assets, end of year
- $231,567
- Gross receipts
- $457,707
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2021
- State of legal domicile
- KY
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 |
|---|---|---|---|
| KYLE WILSON | PRESIDENT Trustee or director | 50 | $105,293 |
| PAUL EVANS | EMPLOYEE Highest-paid employee | 25 | $35,666 |
| JENNIFER KLINGLESMITH | EMPLOYEE Highest-paid employee | 25 | $3,000 |
| MADISON WHITE | EMPLOYEE Highest-paid employee | 25 | $650 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE WILSON | PRESIDENT Officer | 40 | $61,733 |
Address and contacts
- Address (IRS master file)
- 210 EAGLE DR, NICHOLASVILLE, KY 40356-8166
- In care of
- % KYLE WILSON
- Principal officer (990 for 2024)
- KYLE WILSON, 269 HILL N DALERIVE, LEXINGTON, KY 40503
- Signed the 990
- KYLE WILSON, PRESIDENT
- Phone
- (859) 559-3386
- Return prepared by
- JACK L AMBURGEY PSC
Mission
IN APPALACHIA, TEACHING YOUNG ADULTS ENTREPRENEURIAL SKILL TO LAUNCH THIER OWN BUSINESS
Program accomplishments
- PARTNERS WITH HIGH SCHOOL STUDENT IN APPALACHIA, TEACHING YOUNG ADULTS ENTREPRENEURAL SILLS TO LAUNCH THEIR OWN BUSINESSExpenses $281,151 · revenue $457,707
- PARTNERS WITH HIGH SCHOOL STUDENT IN APPALACHIA, TEACHING YOUNG ADULTS ENTREPRENEURAL SILLS TO LAUNCH THEIR OWN BUSINESS0
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
- 86-3814222
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J02)
- Assets (IRS master file)
- $231,567
- Income (IRS master file)
- $457,707
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $452,974 | $342,857 | $165,128 | XML |
| 990 | December 2023 | $203,710 | $210,284 | $55,011 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 86-3814222).
Questions about BOOM BEANS LLC
- What is the EIN of BOOM BEANS LLC?
- The employer identification number (EIN) of BOOM BEANS LLC is 86-3814222.
- Is BOOM BEANS LLC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to BOOM BEANS LLC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BOOM BEANS LLC 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 BOOM BEANS LLC 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 BOOM BEANS LLC 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 BOOM BEANS LLC?
- The 990 for the year ended December 31, 2024 names KYLE WILSON.
- Who are the officers and directors of BOOM BEANS LLC?
- The 990 for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $105,293 (KYLE WILSON, PRESIDENT).
- How much revenue does BOOM BEANS LLC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $457,707, expenses of $281,151 and total assets of $231,567 at year end.
Other nonprofits in NICHOLASVILLE
- BLUEGRASS ENERGY COOPERATIVE CORP EIN 43-1948188 · last filed 990 for 2025
- METHODIST HOME OF KENTUCKY EIN 61-0458375 · last filed 990 for 2024
- WILDERNESS EDUCATION PROJECT EIN 88-0579271 · last filed 990 for 2024
- REVIVE MINISTRIES INC EIN 46-5546340 · last filed 990 for 2024
- LORDS LEGACY LIFE MINISTRIES INC EIN 20-3916433 · last filed 990 for 2024
- COUNCIL ON LICENSURE ENFORCEMENT AND REGULATION INC EIN 61-1267676 · last filed 990 for 2025
- ALL GODS CHILDREN INC EIN 61-1312008 · last filed 990 for 2025
- MARKSBURY FAMILY FOUNDATION INC EIN 26-4737208 · last filed 990-PF for 2024