Civic Intelligence

Blessed Foundation

990 • Fiscal year 2022 • EIN 47-5669174

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 27, 2023

Organization Profile
39808 25th Street WestPalmdale, CA 93551

(661) 212-1249

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

98th percentile

596%

Faster asset growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

409%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$20,009

Up $17,136 (+596%) from 2021

Net Assets

Up

$20,009

Up $17,136 (+596%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin91st percentile

Revenue

Up

$30,755

Up $24,714 (+409%) from 2021

Expenses

Up

$13,619

Up $8,512 (+167%) from 2021

Net Income

Up

$17,136

Up $16,202 (+1735%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$60K$40K$20K$0Assets 2020: $1,939Liabilities 2020: $0Net Assets 2020: $1,9392020Assets 2021: $2,873Liabilities 2021: $0Net Assets 2021: $2,8732021Assets 2022: $20,009Liabilities 2022: $0Net Assets 2022: $20,0092022Assets 2023: $28,706Liabilities 2023: $0Net Assets 2023: $28,7062023Assets 2024: $40,932Liabilities 2024: $0Net Assets 2024: $40,9322024

Highlighted filing

2022

Assets$20,009
Liabilities$0
Net Assets$20,009
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2020: $5,725Expenses 2020: $6,038Net Income 2020: -$3132020Revenue 2021: $6,041Expenses 2021: $5,107Net Income 2021: $9342021Revenue 2022: $30,755Expenses 2022: $13,619Net Income 2022: $17,1362022Revenue 2023: $24,558Expenses 2023: $15,861Net Income 2023: $8,6972023Revenue 2024: $37,471Expenses 2024: $25,245Net Income 2024: $12,2262024

Highlighted filing

2022

Revenue$30,755
Expenses$13,619
Net Income$17,136
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 27, 2023
Return Version
2022v5.0
Gross Receipts
$30,755
Mission and Program Overview

Mission

To bring people together on a religious basis

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$18,071-
Cash and Non-Interest-Bearing Accounts$2,873$1,938▼ $935
Total Assets$2,873$20,009▲ $17,136
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,873$20,009▲ $17,136
Total Net Assets Fund Balance$2,873$20,009▲ $17,136
Total Liabilities and Net Assets / Fund Balance$2,873$20,009▲ $17,136

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,071$3,929$22,000
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Julie LarryJulie Larry
Revenue and Support

Revenue Composition

Contributions and Grants
$30,755
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$30,755
Change in Net Assets
$17,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,619
Total Fundraising Expense$1,041
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$8,291$338$1,041$9,670
Depreciation Depletion$3,929--$3,929
Fees for Services Legal-$20-$20
Total Functional Expenses$12,220$358$1,041$13,619
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Blessed Foundation
EIN
47-5669174
Phone
6612121249
Address
39808 25TH STREET WEST, PALMDALE, CA 93551

Signing Officer

Name
Julie Larry
Title
Julie Larry
Phone
6612121249
Signed
2023-09-27

Organization Details

Principal Officer
Julie Larry
Formed
2016
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Accufast Services
Address
38345 30TH ST E STE D1, PALMDALE, CA 93550-4983
Preparer
Steve Floersheim
Phone
6612741006
Supplemental Narrative

Additional Explanations

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

“To bring people together on a religious basis”

Form 990, Part IX, Line 11G

“Accounting 0 220 0 auction 71 0 0 av dream center 150 0 0 bank charges 0 105 0 church love offerings 426 0 0 easter feeding 537 0 0 entertainment 250 0 0 feed the homeless 1,410 0 0 freight 2,220 0 0 fundraiser 0 0 1,041 hope of the valley 700 0 0 meals 527 0 0 postage 0 13 0 scholarships 2,000 0 0 total 8,291 338 1,041”

Raw XML Appendix240 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03929
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018071
IRS990/LandBldgEquipCostOrOtherBssAmt022000
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02873
IRS990/NetAssetsOrFundBalancesEOYAmt020009
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt012220
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IRS990/RelatedEntityInd0false
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05725
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt042521
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018071
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03929
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018071
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO BRING PEOPLE TOGETHER ON A RELIGIOUS BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTING 0 220 0 AUCTION 71 0 0 AV DREAM CENTER 150 0 0 BANK CHARGES 0 105 0 CHURCH LOVE OFFERINGS 426 0 0 EASTER FEEDING 537 0 0 ENTERTAINMENT 250 0 0 FEED THE HOMELESS 1,410 0 0 FREIGHT 2,220 0 0 FUNDRAISER 0 0 1,041 HOPE OF THE VALLEY 700 0 0 MEALS 527 0 0 POSTAGE 0 13 0 SCHOLARSHIPS 2,000 0 0 TOTAL 8,291 338 1,041
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE LARRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0JULIE LARRY
ReturnHeader/BusinessOfficerGrp/PhoneNum06612121249
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLESSED FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BLES
ReturnHeader/Filer/EIN0475669174
ReturnHeader/Filer/PhoneNum06612121249
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ReturnHeader/Filer/USAddress/CityNm0PALMDALE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0935504983
ReturnHeader/PreparerPersonGrp/PhoneNum06612741006
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE FLOERSHEIM
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-09-27T20:09:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LARRY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,009
Liabilities
$0
Net assets
$20,009
Revenue
$30,755
Expenses
$13,619
Net income
$17,136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.9$0.00$40.9$37.5$25.2$12.2
2023Detailed filing. Detailed filing data is available for this year.$28.7$0.00$28.7$24.6$15.9$8.70
2022Detailed filing. Detailed filing data is available for this year.$20.0$0.00$20.0$30.8$13.6$17.1
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$6.04$5.11$0.93
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$5.73$6.04$0.31