Bean Path

Organization Overview

Bean Path is located in Jackson, MS. The organization was established in 2017. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bean Path is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Bean Path generated $515.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $649.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ACCESS TO TOOLS, KNOWLEDGE, & NETWORKS FOR STEAM OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BELOW ARE JUST SOME OF THE SUCCESSES THE ORGANIZATION HAS EXPERIENCED DURING THIS YEAR.- RAISED OVER $500,000- MADE GREAT CONNECTIONS LOCALLY AND ABROAD WITH OVER 171 COMMUNITY DRIVEN PROGRAMS- SECURED FULL-TIME AND ADDITIONAL PART-TIME PERSONNEL- DEVELOPED PROCESSES FOR STREAMING: WEEKLY MEETINGS; ASANA BOARD; SLACK/EMAIL COMMUNICATION; REGULAR RETROSPECTIVES- PIVOTED THROUGHOUT THE PANDEMIC AND REMAINED RELEVANT- HOSTED OVER 20 EDUCATORS DURING EDUCATORS WEEK- HOSTED OVER 60 EDUCATORS DURING STEAM IMMERSION PROGARAM- HOSTED OVER 150 STUDENTS AND PARENTS FOR STEAM MAKERSPACE SHOWCASE & GRADUATION - LAUNCHED MAKERSPACE SUMMER PROGRAM WITH JACKSON PUBLIC SCHOOLS- HOSTED 12 EVENTS AT MAKERSPACE- EXPERIENCED OVER 100% INCREASE IN ONLINE ACTIVITY ENGAGEMENT THROUGH THE WEBSITE- EXPERIENCED OVER 220% INCREASE FROM THE BUSINESS COMMUNITY- REACHED OVER 2,100 PEOPLE


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Board, Officers & Key Employees

Name (title)Compensation
Dr Nashlie Sephus
CEO
$0
Kanika Welch
Executive Director
$12,374
Amber Johnson Avery
COO
$0
Tonie Sephus
Hr & Finance Officer
$12,736
Xaviur Levy
Board Member
$0
Stephen Brown
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $347,336
All other contributions, gifts, grants, and similar amounts not included above$87,618
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$434,954
Total Program Service Revenue$80,691
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $515,645

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