Floreciendo
- Assets
- $412.7k
- Revenue
- $572.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Oakland, CA
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 81-1393321
Organization Overview
Floreciendo, operating under the name Oakland Bloom, is located in Oakland, CA. The organization was established in 2016. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Oakland Bloom employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakland 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 12/2023, Oakland Bloom generated $572.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $575.5k during the year ending 12/2023. 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
OAKLAND BLOOM'S MISSION IS TO ADVANCE ECONOMIC EQUITY AND TO CREATE PATHWAYS TO BUSINESS OWNERSHIP FOR POOR AND WORKING-CLASS REFUGEE AND IMMIGRANT CHEFS AND CHEFS OF COLOR IN OAKLAND. OAKLAND BLOOM DOES THIS BY RUNNING ITS FOOD INCUBATOR PROGRAM OPEN TEST KITCHEN PROVIDING COACHING AND BACKEND SUPPORT INCUBATING COOPERATIVE RESTAURANT PROJECT UNDERSTORY OFFERING TECHNICAL SUPPORT TO EMERGING COOPERATIVE COLLECTIVE FOOD BUSINESSES ENABLING ACCESS TO A COMMERCIAL KITCHEN RESTAURANT SPACE TO ENABLE THESE BUSINESS IDEAS TO GROW AND SUPPORTING NEIGHBORHOOD EVENTS AND ACTIVITIES TO SUPPORT RESILIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OAKLAND BLOOM SUPPORTS POOR AND WORKING CLASS IMMIGRANT REFUGEE AND BIPOC CHEFS TO DEVELOP AND GROW THEIR FOOD BUSINESS IDEAS ASPIRATIONS THROUGH TRAINING BUSINESS SUPPORT SERVICES PUBLIC EDUCATION AND ESTABLISHING A COLLECTIVE WORKER LED RESTAURANT AND COMMERCIAL KITCHEN TO OFFER OPPORTUNITIES FOR EMERGING FOOD CREATIVES WHO FACE BARRIERS ACCESSING RESOURCES AND OPPORTUNITIES AND DEVELOP A MODEL FOR WORKER LEADERSHIP .
OAKLAND BLOOM SUPPORTS POOR AND WORKING CLASS IMMIGRANT REFUGEE AND BIPOC CHEFS TO DEVELOP AND GROW THEIR FOOD BUSINESS IDEAS ASPIRATIONS THROUGH TRAINING BUSINESS SUPPORT SERVICES PUBLIC EDUCATION AND ESTABLISHING A COLLECTIVE WORKER LED RESTAURANT AND COMMERCIAL KITCHEN TO OFFER OPPORTUNITIES FOR EMERGING FOOD CREATIVES WHO FACE BARRIERS ACCESSING RESOURCES AND OPPORTUNITIES AND DEVELOP A MODEL FOR WORKER LEADERSHIP .
OAKLAND BLOOM COHOSTED THE FIRST LANTERN FESTIVAL IN OAKLAND CHINATOWN THAT BROUGHT PERFORMANCES API MAKERS A NIGHT MARKET FEATURING OAKLAND BLOOM CHEFS AND HEALING ACTIVITIES AND SPACES
OAKLAND BLOOM COHOSTED THE FIRST LANTERN FESTIVAL IN OAKLAND CHINATOWN THAT BROUGHT PERFORMANCES API MAKERS A NIGHT MARKET FEATURING OAKLAND BLOOM CHEFS AND HEALING ACTIVITIES AND SPACES
CO-HOST A NETWORK OF STOREFRONTS WORKING TO BUILD RESILIENCE DE-ESCALATION SKILLS AND ACT AS RESOURCES FOR THEIR NEIGHBORHOODS
CO-HOST A NETWORK OF STOREFRONTS WORKING TO BUILD RESILIENCE DE-ESCALATION SKILLS AND ACT AS RESOURCES FOR THEIR NEIGHBORHOODS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irma Bajar Board Chair | Officer | 1 | $0 |
Max Cadji Secretary Of The Board | Officer | 1 | $0 |
Diana Wu Treasurer | Officer | 25 | $30,164 |
Carolina Prado Board Member | Officer | 1 | $0 |
Claudia Suarez Program Director | Officer | 40 | $16,908 |
Irma Bajar Board Chair | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $277,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,535 |
| Total Program Service Revenue | $269,990 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,825 |
| 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 | $571,983 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,118 |
| 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. | $259,174 |
| Compensation of current officers, directors, key employees. | $12,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,242 |
| Payroll taxes | $29,328 |
| Fees for services: Management | $99,770 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,719 |
| Office expenses | $15,846 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,181 |
| Travel | $1,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,377 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $424 |
| Insurance | $16,122 |
| All other expenses | $0 |
| Total functional expenses | $575,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,670 |
| Savings and temporary cash investments | $317,348 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $16,953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $75,769 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $412,740 |
| Accounts payable and accrued expenses | $8,362 |
| Grants payable | $102,660 |
| Deferred revenue | $7,011 |
| 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 | $118,033 |
| Net assets without donor restrictions | $157,707 |
| Net assets with donor restrictions | $137,000 |
| 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 | $412,740 |