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Nonprofit · EIN 86-3814222

BOOM BEANS LLC

Also known as KYLE WILSON SOLE MBR

Tax-exempt · NICHOLASVILLE, KY 40356

Financials

$204K$210K2023$458K$281K2024
Revenue Expenses · by fiscal year end
Financials of BOOM BEANS LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$457,707$281,151$176,556$231,567$0$231,567
December 31, 2023990$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.

NameTitleHours / weekCompensation
KYLE WILSONPRESIDENT
Trustee or director
50$105,293
PAUL EVANSEMPLOYEE
Highest-paid employee
25$35,666
JENNIFER KLINGLESMITHEMPLOYEE
Highest-paid employee
25$3,000
MADISON WHITEEMPLOYEE
Highest-paid employee
25$650
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
KYLE WILSONPRESIDENT
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

990 for the year ended December 31, 2024

Program accomplishments

  • PARTNERS WITH HIGH SCHOOL STUDENT IN APPALACHIA, TEACHING YOUNG ADULTS ENTREPRENEURAL SILLS TO LAUNCH THEIR OWN BUSINESS
    Expenses $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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$452,974$342,857$165,128XML
990December 2023$203,710$210,284$55,011XML
990-EZDecember 2022–––IRS
990-EZDecember 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.

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