Momsbloom Inc
- Assets
- $121.4k
- Revenue
- $327.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Grand Rapids, MI
- Founding
- 02/2008
- Data as of
- 12/2022
- EIN
- 26-0578009
Organization Overview
Momsbloom Inc is located in Grand Rapids, MI. The organization was established in 2008. According to its NTEE Classification (R61) the organization is classified as: Reproductive Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Momsbloom Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Momsbloom Inc 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, Momsbloom Inc generated $327.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $276.0k during the year ending 12/2022. While expenses have increased by 35.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT FAMILIES WITH NEWBORNS TO COMMUNITY MEMBERS TO PROVIDE QUALITY POSTPARTUM SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 12,644 HOURS OF IN-HOME POSTPARTUM SUPPORT SERVICES TO 501 FAMILIES OF NEWBORNS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Kolehouse Executive Director | Officer | 40 | $42,500 |
Alyssa Varela Director | Trustee | 15 | $0 |
Daniel Spisak Director | Trustee | 15 | $0 |
Joslyn Ward Director | Trustee | 15 | $0 |
Kiara Baskin Director | Trustee | 15 | $0 |
Danielle Boog Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $192 |
| Membership dues | $0 |
| Fundraising events | $30,141 |
| Related organizations | $0 |
| Government grants | $209,433 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,386 |
| Total Program Service Revenue | $0 |
| 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 | -$2,822 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $327,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $161,272 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,000 |
| Payroll taxes | $15,559 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,026 |
| Advertising and promotion | $50 |
| Office expenses | $7,569 |
| Information technology | $12,681 |
| Royalties | $0 |
| Occupancy | $3,406 |
| Travel | $3,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,954 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,402 |
| All other expenses | $0 |
| Total functional expenses | $275,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,748 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,604 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $121,352 |
| Accounts payable and accrued expenses | $15,419 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,419 |
| Net assets without donor restrictions | $105,933 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $121,352 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Planned Parenthood Advocates Of Michigan Lansing, MI | $1,389,909 | $2,020,064 |
Abortion Forward Alliance Cleveland, OH | $1,623,403 | $1,948,115 |
Right To Life Of North Central Indiana Education Fund Winona Lake, IN | $298,114 | $344,275 |
Momsbloom Inc Grand Rapids, MI | $121,352 | $327,564 |
Lifeworks Ohio Inc Cleveland, OH | $147,110 | $0 |
Reclaim Inc Westland, MI | $604,840 | $271,718 |
Jackson Citizens For Life Jackson, MI | $68,833 | $0 |