Bloom Foundation
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 82-1440928
Organization Overview
Bloom Foundation is located in Winston Salem, NC. The organization was established in 2017. According to its NTEE Classification (F70) the organization is classified as: Mental Health Disorders, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloom Foundation 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 Foundation generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $50.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 4 years. 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
REHABILITATION AND TREATMENT OF PEOPLE WITH PSYCHIATRICDISORDERS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,044 |
| Total expenses | $50,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,980 |
| Other assets | $0 |
| Total assets | $4,980 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,980 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schizophrenia And Related Disorders Alliance Of America Alexandria, VA | $1,091,880 | $1,411,077 |
Our Minds Matter Vienna, VA | $1,030,207 | $711,752 |
Tennessee Memory Disorders Foundation Knoxville, TN | $73,042 | $357,788 |
Augusta Resources For Resilience Opportunity&wellness-Arrow Project Staunton, VA | $59,085 | $275,801 |
Foundation For Brain Science And Immunology Inc Mooresville, NC | $299,545 | $270,686 |
Agape Counseling And Wellness Incorporated Conway, SC | $5,168 | $0 |
Friends Of The Little White House Simpsonville, SC | $104,127 | $0 |
Depression And Bipolar Support Alliance Alexandria, VA | $7,156 | $92,367 |
Changing Our Lives Today Inc Fayetteville, NC | $0 | $66,600 |
After The Impact Fund Inc Brentwood, TN | $799 | $0 |
Bloom Foundation Winston Salem, NC | $4,980 | $0 |
Hampton Roads Survivors Of Suicide Support Group Inc Newport News, VA | $0 | $0 |