Bloom Education Fund
- Assets
- $95.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 81-1903509
Organization Overview
Bloom Education Fund is located in Potomac, MD. The organization was established in 2019. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloom Education Fund 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, Bloom Education Fund generated $9.7k in total revenue. All expenses for the organization totaled $19.3k during the year ending 12/2023. While expenses have increased by 41.5% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ADVANCED CROSS-CULTURAL EDUCATION AND PROGRAM PROVIDES THE STUDENTS IN THE U.S. AND OVERSEAS AN OPPORTUNITY TO COMMUNICATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liping Shen Chairman | 20 | $0 | |
Baofeng Wang Vice Chairman | 2 | $0 | |
Huichuan Ren Secretary | 2 | $0 | |
Qing Nina Wang Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,654 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,062 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $430 |
| Other expenses | $16,770 |
| Total expenses | $19,262 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,716 |
| Other assets | $0 |
| Total assets | $95,716 |
| Total liabilities | $21,931 |
| Net assets or fund balances | $73,785 |