Bloom Education Fund
- Assets
- $64.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 03/2019
- Data as of
- 12/2021
- 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 12/2021, Bloom Education Fund generated $32.8k in total revenue. All expenses for the organization totaled $5.5k during the year ending 12/2021. While expenses have increased by 91.8% per year over the past 5 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
2021
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 | 40 | $0 | |
Baofeng Wang Vice Chairman | 2 | $0 | |
Huichuan Ren Secretary | 2 | $0 | |
Qing Nina Wang Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,805 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,807 |
| 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 | $880 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,603 |
| Total expenses | $5,483 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,478 |
| Other assets | $0 |
| Total assets | $64,478 |
| Total liabilities | $21,874 |
| Net assets or fund balances | $42,604 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bloom Education Fund has recieved totaling $15,338.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,338 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Duke Ellington School Of The Arts Project Washington, DC | $6,618,395 | $8,383,151 |
Delaware State University Foundation Inc Dover, DE | $37,335,368 | $19,092,791 |
Laborers-Employers Cooperation And Education Trust Washington, DC | $20,406,637 | $8,972,632 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
Isaac Newton Foundation Inc Philadelphia, PA | $139,547,072 | $8,902,357 |
Annenberg School For Communication Tr At The University Of Pa Philadelphia, PA | $121,203,086 | $8,507,152 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |