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BLACK ECONOMIC ACTION NETWORK CORPORATION BEAN FOUNDATION

MIRAMAR, Florida, 33029

EIN: 85-1696733

Arts, Culture and Humanities

MISSION

We focus on creating roadmaps to align private funds with local social impact organizations to increase access to quality entrepreneurial opportunities for underrepresented people of color.

 FORM 1023-EZ for BLACK ECONOMIC ACTION NETWORK CORPORATION BEAN FOUNDATION

BEANUSA.ORG

DEMOGRAPHIC

ADDRESS
3350 SW 195TH TER
33029
COUNTY
broward county, FL
IN CARE OF NAME
BEAN FOUNDATION

ORGANIZATIONAL OVERVIEW & RANKINGS

BLACK ECONOMIC ACTION NETWORK CORPORATION BEAN FOUNDATION is a based in MIRAMAR, FL, focused on Arts, Culture and Humanities causes , specifically Management & Technical Assistance. Established in December 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,023,271 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 79,091 out of 155,377 organizations in FL (Top 51%).

In broward county, FL, the organization ranks 5,462 out of 15,370 nonprofits by assets (Top 36%), while locally in miramar, it stands at 254 among 892 organizations (Top 29%).

The organization reported no revenue in the most recent filing period, placing it at 1,328,134 nationally and 71,692 in FL.

Within its specific NTEE classification (A02 - A: Arts, Culture and Humanities), which includes 263 similar organizations, BLACK ECONOMIC ACTION NETWORK CORPORATION BEAN FOUNDATION ranks 146 in assets (Top 49%) and 137 in revenue (Top 46%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at BEANUSA.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A02: Management & Technical Assistance
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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