Civic Intelligence

Bloom Early Learning

990 • Fiscal year 2020 • EIN 41-1939043

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 10, 2021

17805 County Road 6Plymouth, MN 55447

(763) 449-0600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.29x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.16x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

29th percentile

-4.4%

Higher net margin than 29% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

66th percentile

15%

Faster asset growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

63rd percentile

8.1%

Faster revenue growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$925,759

Up $117,339 (+15%) from 2019

Net Assets

Down

$658,089

Down $103,470 (-14%) from 2019

Liabilities

Up

$267,670

Up $220,809 (+471%) from 2019

Revenue

Up

$1,717,232

Up $128,240 (+8.1%) from 2019

Expenses

Up

$1,792,702

Up $115,999 (+6.9%) from 2019

Net Income

Up

-$75,470

Up $12,241 (+14%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $239,201Liabilities 2011: $8,736Net Assets 2011: $230,4652011Assets 2012: $270,578Liabilities 2012: $3,899Net Assets 2012: $266,6792012Assets 2013: $293,096Liabilities 2013: $6,504Net Assets 2013: $286,5922013Assets 2014: $312,744Liabilities 2014: $5,218Net Assets 2014: $307,5262014Assets 2015: $309,635Liabilities 2015: $19,276Net Assets 2015: $290,3592015Assets 2016: $316,890Liabilities 2016: $26,700Net Assets 2016: $290,1902016Assets 2017: $540,625Liabilities 2017: $32,693Net Assets 2017: $507,9322017Assets 2018: $885,884Liabilities 2018: $36,614Net Assets 2018: $849,2702018Assets 2019: $808,420Liabilities 2019: $46,861Net Assets 2019: $761,5592019Assets 2020: $925,759Liabilities 2020: $267,670Net Assets 2020: $658,0892020Assets 2021: $1,049,278Liabilities 2021: $67,655Net Assets 2021: $981,6232021Assets 2022: $1,068,071Liabilities 2022: $128,463Net Assets 2022: $939,6082022Assets 2023: $1,216,076Liabilities 2023: $172,168Net Assets 2023: $1,043,9082023Assets 2024: $1,200,958Liabilities 2024: $168,297Net Assets 2024: $1,032,6612024

Highlighted filing

2020

Assets$925,759
Liabilities$267,670
Net Assets$658,089

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $714,217Expenses 2011: $635,504Net Income 2011: $78,7132011Revenue 2012: $693,778Expenses 2012: $657,564Net Income 2012: $36,2142012Revenue 2013: $693,427Expenses 2013: $673,514Net Income 2013: $19,9132013Revenue 2014: $699,439Expenses 2014: $678,505Net Income 2014: $20,9342014Revenue 2015: $849,819Expenses 2015: $866,986Net Income 2015: -$17,1672015Revenue 2016: $1,065,302Expenses 2016: $1,061,471Net Income 2016: $3,8312016Revenue 2017: $1,367,011Expenses 2017: $1,149,269Net Income 2017: $217,7422017Revenue 2018: $1,606,807Expenses 2018: $1,265,469Net Income 2018: $341,3382018Revenue 2019: $1,588,992Expenses 2019: $1,676,703Net Income 2019: -$87,7112019Revenue 2020: $1,717,232Expenses 2020: $1,792,702Net Income 2020: -$75,4702020Revenue 2021: $2,343,681Expenses 2021: $2,020,147Net Income 2021: $323,5342021Revenue 2022: $2,258,354Expenses 2022: $2,301,327Net Income 2022: -$42,9732022Revenue 2023: $2,597,371Expenses 2023: $2,508,912Net Income 2023: $88,4592023Revenue 2024: $2,807,558Expenses 2024: $2,830,926Net Income 2024: -$23,3682024

Highlighted filing

2020

Revenue$1,717,232
Expenses$1,792,702
Net Income-$75,470
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 10, 2021
Return Version
2020v4.0
Gross Receipts
$1,738,457
Mission and Program Overview

Mission

Bloom passionately strives to break the cycle of poverty at the start through nurturing care and an exceptional early learning program. We prepare young children for success in school and enable their parents to pursue educational and employment opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$218,086$361,284▲ $143,198
Land, Buildings, and Equipment, Net$272,732$243,351▼ $29,381
Cash and Non-Interest-Bearing Accounts$123,162$178,627▲ $55,465
Accounts Receivable$74,172$90,588▲ $16,416
Pledges and Grants Receivable$112,387$46,703▼ $65,684
Prepaid Expenses and Deferred Charges$7,881$5,206▼ $2,675
Total Assets$808,420$925,759▲ $117,339
Liabilities
Deferred Revenue-$220,600-
Accounts Payable and Accrued Expenses$46,861$47,070▲ $209
Total Liabilities$46,861$267,670▲ $220,809
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$629,816$531,369▼ $98,447
Net Assets With Donor Restrictions$131,743$126,720▼ $5,023
Total Net Assets Fund Balance$761,559$658,089▼ $103,470
Total Liabilities and Net Assets / Fund Balance$808,420$925,759▲ $117,339

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$213,226$60,725$273,951
Equipment$30,125$50,684$80,809

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$46,345$49,375--$95,720
2019$23,345$23,000--$46,345
2018-$23,345--$23,345
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa MuslinerExecutive DiFT$68,858$8,730$77,588

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$611,019
Program Service Revenue
$1,127,239
Investment Income
$199
Other Revenue
$-21,225
All Other Contributions
$382,994
Change in Net Assets
$-75,470

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,717,232
Revenue Not Reported on Form 990
$36,993
Total Revenue per Audited Statements
$1,754,225
Total Revenue per Form 990
$1,717,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,282,177
Other Expenses$273,932
Grants and Similar Amounts Paid$236,593
Total Fundraising Expense$103,405
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$918,122$12,928$54,007$985,057
Grants to Domestic Individuals$236,593--$236,593
Other Employee Benefits$130,032$7,669$8,103$145,804
Office Expenses$61,706$14,278$18,494$94,478
Payroll Taxes$75,776$3,894$5,556$85,226
Current Officers, Directors, Trustees, and Key Employees$12,557$37,671$15,862$66,090
Depreciation Depletion$29,087$147$147$29,381
Occupancy$26,593$545$120$27,258
Insurance$10,968$1,031$398$12,397
Fees for Services Accounting-$10,750-$10,750
Fees for Services Other$300-$150$450
Other Expenses$97,994$656$46$46
Total Functional Expenses$1,599,728$89,569$103,405$1,792,702

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,829,695
Expenses per Audited Statements$1,792,702
Total Expenses per Form 990$1,792,702
Expenses Not Reported on Form 990$36,993
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$121,460-$19,298-
Total Events$121,460-$19,298$-19,298
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 and related schedules are submitted in draft form to the executive committee, finance committee and board of directors for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

ANNUAL DISCLOSURE FORM

Form 990, Page 6, Part VI, Line 15A

Management salary approved by board of directors during annual budget review and approval.

Form 990, Page 6, Part VI, Line 15B

Staff salary approved by board of directors during annual budget review and approval.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are made available to the public through written request.

Filing and Contact Details

Filer

Filer Name
Bloom Early Learning
EIN
41-1939043
Phone
7634490600
Address
17805 COUNTY ROAD 6, PLYMOUTH, MN 55447

Signing Officer

Name
Melissa Musliner
Title
Executive Director
Phone
7634490600
Signed
2021-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Musliner
Formed
1998
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
62
Volunteers
60

Preparer

Firm
La Fayette & Plath Ltd
Address
6625 LYNDALE AVE S STE 516, MINNEAPOLIS, MN 55423-2396
Preparer
Roger D Plath
Phone
6128618366
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bloom passionately strives to break the cycle of poverty at the start through nurturing care and an exceptional early learning program. We prepare young children for success in school and enable their parents to pursue educational and employment opportunities.

Form 990, Page 1, Part I, Line 6

Bloom benefits from the support of many community partners. We partner with the wayzata high school y. E. S. (youth extending service) program in which high school juniors and seniors commit to volunteering in the classrooms several days each week. Several adult volunteers commit to reading with the children once a week for a full school year. Other adults rock babies in our infant classrooms. Because of covid-19, we suspended all in-center volunteering in march 2020. Volunteers who are not board members sit on bloom committees, including finance, marketing & development, friends of bloom, and strategic planning. Other volunteers make quilts for our children and help stock our foodshelves.

Form 990, Page 2, Part III, Line 4A

Bloom's goal is to dedicate half our capacity to low-income families who otherwise could not afford high quality childcare and early learning programs. Our shirley robinson scholarship fund provides tuition assistance to these families. We also help our qualifying families access government resources and other community support. Confident in their child(ren)'s care, our parents go to work or school to build greater financial stability for their families. With our proven infant through pre-k curriculum, exceptional teaching staff, low child-to-adult ratio and nurturing environment, we prepare all our children for success in school and beyond. We are accredited by the national association for the education of young children. Bloom served 121 children in 2020 (71 messiah, 50 ppc) and 51 received tuition assistance(35 messiah, 16 ppc). The shirley robinson scholarship fund supported 34 children.

Form 990, Part XI, Line 9

Fundraising events 21,225 fundraising expenses -21,225

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Earnings on corpus to be used for tuition scholarships.

Schedule D, Page 3, Part X

The organization is a non-profit organization exempt from federal income tax under section 501(c)(3) of the internal revenue code and is classified by the internal revenue service as other than a private foundation. Accordingly, no provision for income taxes is included in the accompanying financial statements. For federal income tax purposes, the organization's tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns.

Schedule D, Page 4, Part XI, Line 2D

Fundraising events 21,225

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 21,225

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER (J
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER (N
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/LobbyingActivitiesInd0false
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BLOOM PASSIONATELY STRIVES TO BREAK THE CYCLE OF POVERTY AT THE START THROUGH NURTURING CARE AND AN EXCEPTIONAL EARLY LEARNING PROGRAM. WE PREPARE YOUNG CHILDREN FOR SUCCESS IN SCHOOL AND ENABLE THEIR PARENTS TO PURSUE EDUCATIONAL AND EMPLOYMENT OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/OccupancyGrp/ManagementAndGeneralAmt0545
IRS990/OccupancyGrp/ProgramServicesAmt026593
IRS990/OccupancyGrp/TotalAmt027258
IRS990/OfficeExpensesGrp/FundraisingAmt018494
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014278
IRS990/OfficeExpensesGrp/ProgramServicesAmt061706
IRS990/OfficeExpensesGrp/TotalAmt094478
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08103
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07669
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0130032
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0145804
IRS990/OtherExpensesGrp/Desc0PROGRAM
IRS990/OtherExpensesGrp/Desc1SPECIAL EVENTS
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IRS990/OtherExpensesGrp/FundraisingAmt146
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0656
IRS990/OtherExpensesGrp/ProgramServicesAmt097994
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IRS990/OtherExpensesGrp/TotalAmt146
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05556
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03894
IRS990/PayrollTaxesGrp/ProgramServicesAmt075776
IRS990/PayrollTaxesGrp/TotalAmt085226
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0112387
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt046703
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07881
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05206
IRS990/PrincipalOfficerNm0MELISSA MUSLINER
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IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
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IRS990/ProgramServiceRevenueGrp/BusinessCd2624410
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
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IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125742
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IRS990/PYOtherRevenueAmt0-6936
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IRS990/PYRevenuesLessExpensesAmt0-87711
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IRS990/PYTotalExpensesAmt01676703
IRS990/PYTotalProfFndrsngExpnsAmt08480
IRS990/PYTotalRevenueAmt01588992
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-75470
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0218086
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0361284
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0611019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0422890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0660691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0442212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0222626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02359438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0199
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01205
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01463
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0131
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03129
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04216976
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94860
IRS990ScheduleA/PublicSupportPY170Pct00.91380
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IRS990ScheduleA/SubstantialContributorsTotAmt0118237
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IRS990ScheduleA/TotalSupportAmt02362567
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt046345
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt049375

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.17$1.03$2.81$2.83$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.17$1.04$2.60$2.51$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.13$0.94$2.26$2.30$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.07$0.98$2.34$2.02$0.32
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.27$0.66$1.72$1.79$0.08
2019Summary only. Only limited summary data is available for this year.$0.81$0.05$0.76$1.59$1.68$0.09
2018Summary only. Only limited summary data is available for this year.$0.89$0.04$0.85$1.61$1.27$0.34
2017Summary only. Only limited summary data is available for this year.$0.54$0.03$0.51$1.37$1.15$0.22
2016Summary only. Only limited summary data is available for this year.$0.32$0.03$0.29$1.07$1.06$0.00
2015Summary only. Only limited summary data is available for this year.$0.31$0.02$0.29$0.85$0.87$0.02
2014Summary only. Only limited summary data is available for this year.$0.31$0.01$0.31$0.70$0.68$0.02
2013Summary only. Only limited summary data is available for this year.$0.29$0.01$0.29$0.69$0.67$0.02
2012Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$0.69$0.66$0.04
2011Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.71$0.64$0.08