M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 825342697ยท Ruling Year: 2019

Bloom Foundation Inc

Morristown, New Jersey

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$1.5M
Total Revenue
๐Ÿ“Š
$615K
Total Expenses
๐Ÿฆ
$8.7M
Net Assets
๐Ÿ“‹
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+60.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.17
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$1,541,340โ†‘30%$615,432$8,717,722โ†‘12%
2022$1,187,151โ†“7%$616,827โ†‘3%$7,791,814โ†‘9%
2021$1,283,228โ†‘75%$601,648โ†‘14%$7,173,476โ†‘10%
2020$734,531$526,003$6,491,896

Frequently Asked Questions

What does Bloom Foundation Inc do?โ–ผ

Bloom Foundation Inc is a public safety, disaster preparedness & relief nonprofit organization based in New Jersey. It is classified under NTEE code M11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bloom Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Bloom Foundation Inc has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bloom Foundation Inc generate?โ–ผ

Revenue data for Bloom Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

Bloom Foundation Inc โ€” Morristown, NJ | GiveScope