Charity Bomb Inc
- Assets
- $14.3k
- Revenue
- $291.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Bradenton, FL
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-4112899
Organization Overview
Charity Bomb Inc is located in Bradenton, FL. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charity Bomb Inc 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 12/2022, Charity Bomb Inc generated $291.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $444.8k during the year ending 12/2022. While expenses have increased by 10.0% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR 2018 STRANGE 80'S IN LOS ANGELES RAISED $60,000 FOR GIVE AN HOUR'S MENTAL HEALTH AWARENESS INITIATIVE, 320 CHANGES DIRECTIONS.THE FIRST EVER STRANGE 80'S IN LOS ANGELES RAISED $40,000 FOR SWEET ERLIED MUSICIAN FUND TO SUPPORT MUSICIAN IN NEED OF MENTAL OR PHYSICAL WELL-BEING. OUR 2019 STRANGE 90S IN CHICAGO SUBSIDIZED TREATMENT FOR LOCAL MUSIC ICON, JERRY BRYANT FROM JBTV. THESE FUNDS CONTRIBUTED TO HIS UNLIKELY SURVIVAL OF STAGE 4 COLORECTAL CANCER AND JERRY IS CURRENTLY LIVING CANCER FREE!OUR 2019 STRANGE 90S IN NASHVILLE BENEFITTED THE BEAT OF LIFE, SUPPORTING THE MENTAL WELLBEING OF PRIOSNERS AND STUDENTS THROUGH THE POWER OF SONGWRITING AND MUSIC.OUR 2022 STRANGE 90S WHEN WE WERE YOUNG FEST SIDESHOW IN LAS VEGAS RAISED $8926 FOR MUSICARES SAFETY NET OF CRITICAL ASSISNTANCE FOR MUSIC PEOPLE IN TIMES OF NEED.CURRENTLY, CHARITY BOMB IS BRINGING EQ EDUCATION TO THE FOREFRONT OF OUR CULTIRE AND OFFERING VAST RESOURCESTO FORTIFY THE MENTAL WELL-BEING OF CHILDREN AS A PREVENTATIVE ST
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITY BOMB INC LAUNCHED AS A NON PROFIT THAT RAISED MONEY THROUGH ROCK SHOWS ANDDONATED TO MENTAL HEALTH SERVICE ORGS. WE PIVOTED IN 2020 TO OUR OWN INITIATIVE OF CREATING MENTAL HEALTH EXERCISE WORKSHEETS AND PROGRAMS FOR KIDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Leone Director | Trustee | 20 | $54,669 |
Nathan Leone Director | Trustee | 20 | $53,636 |
Ryan Ford Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,563 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,563 |
| Total Program Service Revenue | $62,846 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $142,372 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $157,111 |
| Compensation of current officers, directors, key employees. | $108,305 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,289 |
| Payroll taxes | $8,362 |
| Fees for services: Management | $3,266 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,568 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,053 |
| Advertising and promotion | $75 |
| Office expenses | $5,842 |
| Information technology | $1,462 |
| Royalties | $0 |
| Occupancy | $28,600 |
| Travel | $958 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,211 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,422 |
| Insurance | $1,126 |
| All other expenses | $0 |
| Total functional expenses | $444,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,730 |
| Savings and temporary cash investments | $0 |
| 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 | $5,563 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,293 |
| Accounts payable and accrued expenses | $118,329 |
| 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 | $9,606 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $253,562 |
| Total liabilities | $381,497 |
| Net assets without donor restrictions | -$367,204 |
| Net assets with donor restrictions | $0 |
| 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 | $14,293 |