Lotus Bloom
- Assets
- $7.6m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 22
- Location
- Oakland, CA
- Founding
- 02/2009
- Data as of
- 06/2023
- EIN
- 51-0662715
Organization Overview
Lotus Bloom is located in Oakland, CA. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Lotus Bloom employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lotus Bloom 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 06/2023, Lotus Bloom generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 8.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOTUS BLOOM'S MISSION IS TO PROVIDE A SAFE, WELCOMING AND INCLUSIVE SPACE TO TRADITIONALLY UNDERSERVED POPULATIONS TO COME TOGETHER AS A COMMUNITY TO PROVIDE CHILDREN WITH A RICH LEARNING FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHO WE SERVE: LOTUS BLOOM'S TARGET AUDIENCE INCLUDES MULTICULTURAL, LOW- INCOME FAMILIES WHO OTHERWISE MAY NOT HAVE ACCESS TO HIGH QUALITY EARLY CHILDHOOD EDUCATIONAL OPPORTUNITIES FOR THEIR CHILDREN; ESPECIALLY THOSE WHO MAY FEEL ISOLATED AND WOULD BENEFIT FROM BEING A PART OF A COMMUNITY OF FAMILIES AND CAREGIVERS. WHO WE ARE: LOTUS BLOOM IS A FAMILY RESOURCE CENTER WHERE CHILDREN AGED 0-5AND THEIR PARENTS/CAREGIVERS LEARN, PLAY, GAIN CONFIDENCE AND FIND CONNECTIONS TO OTHER PARENTS, HEALTH RESOURCES, AND EDUCATION RESOURCES. 70% OF STAFF ARE FORMER CAREGIVERS WHO PARTICIPATED IN LOTUS BLOOM PLAYGROUPS PREVIOUSLY.
PLAYGROUPS - LOTUS BLOOM OFFERED PLAYGROUP PROGRAMS FOUR TIMES PER WEEK TO SERVE FAMILIES IN THE SAN ANTONIO, CASTLEMONT, AND DOWNTOWN/CHINATOWN/WEST OAKLAND NEIGHBORHOODS. FAMILY NAVIGATION SERVICES TO SUPPORT THE WELLNESS, RESOURCES, REFERRALS, ENROLLMENT INTO PROGRAMS/SCHOOL, AND PUBLIC BENEFITS, ETC. LOTUS BLOOM ALSO PROVIDED AN ENROLLED DIAPER PROGRAM AND DISTRIBUTIONS TO FAMILIES. LOTUS BLOOM ADMINISTERED EMERGENCY FUNDS FOR FAMILIES. LOTUS BLOOM BRINGS TOGETHER NETWORK OF PROVIDERS TO SHARE KNOWLEDGE AND RESOURCES. LOTUS BLOOM ALSO ADMINISTERED A COMMUNITY FUND FOR PROJECTS THROUGHOUT OAKLAND FOR NETWORK MEMBERS.
IN 2022-23 IMPACT 'S: 1110 PARTICIPANTS SERVED. 193 FAMILIES ATTENDED PLAYGROUPS IN PERSON; 50+ PARENTS AND CAREGIVERS ATTENDED WORKSHOPS 75 PARENTS AND CAREGIVERS ATTENDED VIRTUAL WORKSHOPS ON CHILD BEHAVIOR, WELLNESS, AND EARLY CHILDHOOD 311 FAMILIES RECEIVED SUPPORT THROUGH OUR FAMILY NAVIGATION PROGRAM 343 FAMILIES BENEFITED FROM OUR DIAPER PROGRAM, WITH 3151 DIAPER BOXES DISTRIBUTED 32 FAMILIES RECEIVED FINANCIAL SUPPORT THROUGH OUR RAPID RESPONSE FUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Louie Howard Executive Di | Officer | 40 | $168,758 |
Stephanie Lepow President | OfficerTrustee | 5 | $0 |
Tracey Black Secretary | OfficerTrustee | 5 | $0 |
Cheryl Horney Treasurer | OfficerTrustee | 5 | $0 |
Jennifer Caban Member | Trustee | 5 | $0 |
Thomas Edwards Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,131,342 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,022,232 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,153,574 |
| Total Program Service Revenue | $4,406 |
| Investment income | $54,804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,537 |
| Net Income from Fundraising Events | $2,339 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,213,586 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,960 |
| Grants and other assistance to domestic individuals. | $31,623 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,858 |
| Compensation of current officers, directors, key employees. | $19,014 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $594,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $116,466 |
| Payroll taxes | $60,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $73,077 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $17,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $203,110 |
| Advertising and promotion | $350 |
| Office expenses | $35,782 |
| Information technology | $18,113 |
| Royalties | $0 |
| Occupancy | $40,411 |
| Travel | $1,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,504 |
| Interest | $18,974 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,496 |
| Insurance | $8,857 |
| All other expenses | $0 |
| Total functional expenses | $1,563,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,195 |
| Savings and temporary cash investments | $5,190,317 |
| Pledges and grants receivable | $884,979 |
| Accounts receivable, net | $0 |
| 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 | $18,959 |
| Net Land, buildings, and equipment | $1,011,472 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,593,922 |
| Accounts payable and accrued expenses | $34,869 |
| 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 | $393,693 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $68,080 |
| Total liabilities | $496,642 |
| Net assets without donor restrictions | $5,331,294 |
| Net assets with donor restrictions | $1,765,986 |
| 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 | $7,593,922 |
Grants Awarded
Over the last fiscal year, Lotus Bloom has awarded $68,960 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EAST BAY AGENCY FOR CHILDREN PURPOSE: AGENCY MISSIO | $10,000 |
EAST BAY ASIAN YOUTH CENTER PURPOSE: AGENCY MISSION | $10,000 |
LINCOLN FAMILIES PURPOSE: AGENCY MISSION | $10,000 |
BANANAS INC PURPOSE: AGENCY MISSION | $18,000 |
AFRO-PLAY FAMILY CONSULTING PURPOSE: SPONSORED PROGRAM | $20,960 |