Civic Intelligence

Boom Beans LLC

990EZ • Fiscal year 2022 • EIN 86-3814222

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 15, 2023

Organization ProfileN/A
210 Eagle DriveNicholasville, KY 40356

(859) 559-3386

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$30,730

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 24.5% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

98th percentile

607%

Faster asset growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

295%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$61,585

Up $52,869 (+607%) from 2021

Net Assets

Up

$61,585

Up $52,869 (+607%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin86th percentile

Revenue

Up

$125,336

Up $93,622 (+295%) from 2021

Expenses

Up

$72,467

Up $49,469 (+215%) from 2021

Net Income

Up

$52,869

Up $44,153 (+507%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2021: $8,716Liabilities 2021: $0Net Assets 2021: $8,7162021Assets 2022: $61,585Liabilities 2022: $0Net Assets 2022: $61,5852022Assets 2023: $55,011Liabilities 2023: $0Net Assets 2023: $55,0112023Assets 2024: $231,567Liabilities 2024: $0Net Assets 2024: $231,5672024

Highlighted filing

2022

Assets$61,585
Liabilities$0
Net Assets$61,585
Open 2022 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2021: $31,714Expenses 2021: $22,998Net Income 2021: $8,7162021Revenue 2022: $125,336Expenses 2022: $72,467Net Income 2022: $52,8692022Revenue 2023: $203,710Expenses 2023: $210,284Net Income 2023: -$6,5742023Revenue 2024: $457,707Expenses 2024: $281,151Net Income 2024: $176,5562024

Highlighted filing

2022

Revenue$125,336
Expenses$72,467
Net Income$52,869
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 15, 2023
Return Version
2022v5.0
Gross Receipts
$125,336
Mission and Program Overview

Mission

TEACHING

Program Services

DescriptionGrantsExpenses
BOOM BEANS PARTNERS WITH HIGH SCHOOL STUDENTS IN APPALACHIA, TEACHING YOUNG ADULTS ENTREPRENEURIAL SKILLS TO LAUNCH THEIR OWN BUSINESS.$125,000$72,467
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KYLE WILSONPresidentPT$26,667$4,063$30,730
Filing and Contact Details

Filer

Filer Name
Boom Beans LLC
EIN
86-3814222
Address
210 EAGLE DRIVE, NICHOLASVILLE, KY 40356

Signing Officer

Name
Kyle Wilson
Title
President
Phone
8595593386
Signed
2023-06-15
Discuss with paid preparer
Yes

Preparer

Firm
James R Whitten CPA PLLC
Address
230 Plaza Drive Suite 275, Lexington, KY 40503
Preparer
James R Whitten
Phone
8592764635
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amounttravel 4,063bank fees 130telephone 564dues 250supplies 6,631misc 2,110”

Raw XML Appendix130 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0KYLE WILSON
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0WAGES & TRAVEL REIMBURSEMENT
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KYLE WILSON
IRS990EZ/BooksInCareOfDetail/PhoneNum08595593386
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0210 EAGLE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NICHOLASVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040356
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08716
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt061585
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0125000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt052869
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019589
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08716
IRS990EZ/Form990TotalAssetsGrp/EOYAmt061585
IRS990EZ/GrossReceiptsAmt0125336
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08716
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061585
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08716
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061585
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt026667
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt04063
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KYLE WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt013748
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TEACHING
IRS990EZ/PrintingPublicationsPostageAmt0112
IRS990EZ/ProgramServiceRevenueAmt0336
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOOM BEANS PARTNERS WITH HIGH SCHOOL STUDENTS IN APPALACHIA, TEACHING YOUNG ADULTS ENTREPRENEURIAL SKILLS TO LAUNCH THEIR OWN BUSINESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0125000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt072467
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt039018
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt072467
IRS990EZ/TotalProgramServiceExpensesAmt072467
IRS990EZ/TotalRevenueAmt0125336
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt031693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0156693
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0336
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0357
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0157050
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0125336
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt031714
IRS990ScheduleA/Total509Grp/TotalAmt0157050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0125336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt031714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0157050
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTTRAVEL 4,063BANK FEES 130TELEPHONE 564DUES 250SUPPLIES 6,631MISC 2,110
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KYLE WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08595593386
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOOM BEANS LLC
ReturnHeader/Filer/BusinessNameControlTxt0BOOM
ReturnHeader/Filer/EIN0863814222
ReturnHeader/Filer/USAddress/AddressLine1Txt0210 EAGLE DRIVE
ReturnHeader/Filer/USAddress/CityNm0NICHOLASVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040356
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813489104
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0James R Whitten CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0230 Plaza Drive Suite 275
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040503
ReturnHeader/PreparerPersonGrp/PhoneNum08592764635
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James R Whitten
ReturnHeader/ReturnTs02023-06-16T08:23:00-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KYLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$61,585
Liabilities
$0
Net assets
$61,585
Revenue
$125,336
Expenses
$72,467
Net income
$52,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.00$2.32$4.58$2.81$1.77
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$2.04$2.10$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.25$0.72$0.53
2021Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.32$0.23$0.09