Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Bloom Education Fund
EIN 81-1903509 • 501(c)3 • Potomac, MD
Profile
Bloom education fund has been organized exclusively for charitable, educational and scientific purposes. The fund is organized to advance cross-cultural education and programs by: acting as a platform to incubate and gestate the future young leaders for society; promoting and developing education, training and research centers for the purpose of incubating future young leaders; promoting and providing education programs; promoting and developing such education, training and research; promoting and building a platform that allows students from resource abundant families to cnnect, interact with and help disadvantaged students gain access to more resources; organizing summer and winter camps to allow disadvantaged students opportunities for participation; promoting financial aid programs to provide finanical help to disadvantaged students; organizing pre-intership and pre-employment training to equip students with capabilities required of their job prospects.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.23x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$105,322
Up $40,844 (+63%) from 2021
Liabilities
Up$21,929
Up $55 (+0.3%) from 2021
Net Assets
Up$83,393
Up $40,789 (+96%) from 2021
Revenue
Up$46,332
Up $13,525 (+41%) from 2021
Expenses
Up$5,543
Up $60 (+1.1%) from 2021
Net Income
Up$40,789
Up $13,465 (+49%) from 2021
Trend Graphs
Filings
Most recent year
2022 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $105,322
- Liabilities
- $21,929
- Net assets
- $83,393
- Revenue
- $46,332
- Expenses
- $5,543
- Net income
- $40,789
Latest Detailed Filing
The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 30, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $32,807
Mission and Program Overview
Mission
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Advanced cross-cultural education and program provides the students in the U.S. and overseas an opportunity to communicate. | - | $2,251 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LIPING SHEN | Chairman | FT | $0 | - | - |
| BAOFENG WANG | Vice Chairman | - | $0 | - | - |
| HUICHUAN REN | Secretary | - | $0 | - | - |
| QING NINA WANG | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Bloom Education Fund
- EIN
- 81-1903509
- Address
- 10221 RIVER ROAD STE 60247, Potomac, MD 20859
Signing Officer
- Name
- Qing Nina Wang
- Title
- Treasurer
- Phone
- 2022076205
- Signed
- 2022-05-30
- Discuss with paid preparer
- No
Preparer
- Firm
- J&J Premier Financial Alliance
- Address
- 932 Hungerford Dr STE 1B, Rockville, MD 20850
- Preparer
- Ning Jin
- Phone
- 3152624354
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountDC ANNUAL FEE 80BUSINESS SERVICE EXPENSE 49EDUCATION FEE 941MEETING COST 1,310BANK FEE 83WIRE FEE 45POSTAGE AND PO BOX 388WEB FEE 15CONSULTING FEE 1,690INTEREST EXPENSE 2”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearLOANS FROM OFFICERS 21,874 21,874”
Part III response or note to any other line in Part III
“Primary exempt purposesbloom education fund has been organized exclusively for charitable, educational and scientific purposes. The fund is organized to advance cross-cultural education and programs by: acting as a platform to incubate and gestate the future young leaders forsociety; promoting and developing education, training and research centers for the purpose of incubating future young leaders; promoting and providing education programs;promoting and developing such education,training and research; promoting and building a platform that allows students from resource abundant families to connect,interact with and help disadvantaged students gain access to more resources;organizing summer and winter camps to allow disadvantaged students opportunities for participation.”
Raw XML Appendix163 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | QING NINA WANG |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2022076205 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10221 RIVER ROAD ROOM 60247 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Potomac |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20859 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 37154 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 64478 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 32805 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 27324 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 880 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 37154 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 64478 |
| IRS990EZ/GrossReceiptsAmt | 0 | 32807 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 21874 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 15280 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 42604 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 15280 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 42604 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LIPING SHEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BAOFENG WANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | HUICHUAN REN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | QING NINA WANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4603 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Advanced cross-cultural education and program provides the students in the U.S. and overseas an opportunity to communicate. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2251 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 21874 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 21874 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 5483 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2251 |
| IRS990EZ/TotalRevenueAmt | 0 | 32807 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 27535 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 17097 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5964 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 50604 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 5270 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 5270 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.90570 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 50604 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 27535 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 17097 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5964 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 50604 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 32805 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 17097 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5964 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 4 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 4 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 55874 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 21874 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | FUND TO STARTUP |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 46874 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | BAOFENG WANG |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 21874 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountDC ANNUAL FEE 80BUSINESS SERVICE EXPENSE 49EDUCATION FEE 941MEETING COST 1,310BANK FEE 83WIRE FEE 45POSTAGE AND PO BOX 388WEB FEE 15CONSULTING FEE 1,690INTEREST EXPENSE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearLOANS FROM OFFICERS 21,874 21,874 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIMARY EXEMPT PURPOSESBLOOM EDUCATION FUND HAS BEEN ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. THE FUND IS ORGANIZED TO ADVANCE CROSS-CULTURAL EDUCATION AND PROGRAMS BY: ACTING AS A PLATFORM TO INCUBATE AND GESTATE THE FUTURE YOUNG LEADERS FORSOCIETY; PROMOTING AND DEVELOPING EDUCATION, TRAINING AND RESEARCH CENTERS FOR THE PURPOSE OF INCUBATING FUTURE YOUNG LEADERS; PROMOTING AND PROVIDING EDUCATION PROGRAMS;PROMOTING AND DEVELOPING SUCH EDUCATION,TRAINING AND RESEARCH; PROMOTING AND BUILDING A PLATFORM THAT ALLOWS STUDENTS FROM RESOURCE ABUNDANT FAMILIES TO CONNECT,INTERACT WITH AND HELP DISADVANTAGED STUDENTS GAIN ACCESS TO MORE RESOURCES;ORGANIZING SUMMER AND WINTER CAMPS TO ALLOW DISADVANTAGED STUDENTS OPPORTUNITIES FOR PARTICIPATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part III response or note to any other line in Part III |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | QING NINA WANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2022076205 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BLOOM EDUCATION FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BLOO |
| ReturnHeader/Filer/EIN | 0 | 811903509 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 10221 RIVER ROAD STE 60247 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Potomac |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20859 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 833815652 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | J&J Premier Financial Alliance |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 932 Hungerford Dr STE 1B |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Rockville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20850 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3152624354 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-06-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Ning Jin |
| ReturnHeader/ReturnTs | 0 | 2022-06-03T00:25:44-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | QING NINA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WANG |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.