Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.87x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
$25,028
No earlier filing loaded for comparison.
Net Assets
$3,154
No earlier filing loaded for comparison.
Liabilities
$21,874
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$4
No earlier filing loaded for comparison.
Expenses
$2,404
No earlier filing loaded for comparison.
Net Income
-$2,400
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Nov 15, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $4
Mission and Program Overview
Mission
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| OVERHEAD EXPENSES OF THE ORGANIZATION | - | $2,404 |
| ADVANCE CROSS-CULTURAL EDUCATION AND PROGRAMS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LIPING SHEN | Chairman | FT | $0 | - | - |
| BAOFENG WANG | Vice Chairma | - | $0 | - | - |
| HUICHUAN REN | Secretary | - | $0 | - | - |
| QING NINA WANG | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Bloom Education Fund
- EIN
- 81-1903509
- Phone
- 2022076205
- Address
- 13636 MAIDSTONE LANE, POTOMAC, MD 20854
Signing Officer
- Name
- Qing Nina Wang
- Title
- Treasurer
- Phone
- 2022076205
- Signed
- 2019-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Michael Rinaldi & Co Llp
- Address
- 5028 WISCONSIN AVE NW SUITE 300, WASHINGTON, DC 20016-4118
- Preparer
- Lily L Tse
- Phone
- 2023638500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“MISCELLANEOUS 4 TOTAL 4”
Form 990-ez, Part I, Line 16
“Expenses education fee 280 accounting fee 890 form 1023 application fee 600 website registration 219 postage 5 dc annual fee 310 annual state registration 100 total 2,404”
Form 990-ez, Part II, Line 26
“Loans from officers 21,874 21,874”
Form 990-ez, Part III
“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.”
Form 990-ez, Part III, Line 31
“Overhead expenses of the organization”
Raw XML Appendix142 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 | 13636 MAIDSTONE LN |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | POTOMAC |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20854 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27428 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 25028 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2400 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 27428 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 25028 |
| IRS990EZ/GrossReceiptsAmt | 0 | 4 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 21874 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 5554 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3154 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 5554 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3154 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 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 CHAIRMA |
| 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/OtherExpensesTotalAmt | 0 | 2404 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 4 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ADVANCE CROSS-CULTURAL EDUCATION AND PROGRAMS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | OVERHEAD EXPENSES OF THE ORGANIZATION |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2404 |
| 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 | 2404 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2404 |
| IRS990EZ/TotalRevenueAmt | 0 | 4 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 4 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 4 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 8 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 8 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 4 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 8 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 4 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 4 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 8 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 21874 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | LOAN TO FUND STARTUP COSTS |
| 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 | MISCELLANEOUS 4 TOTAL 4 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES EDUCATION FEE 280 ACCOUNTING FEE 890 FORM 1023 APPLICATION FEE 600 WEBSITE REGISTRATION 219 POSTAGE 5 DC ANNUAL FEE 310 ANNUAL STATE REGISTRATION 100 TOTAL 2,404 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LOANS FROM OFFICERS 21,874 21,874 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OVERHEAD EXPENSES OF THE ORGANIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2020-04-17 16:48:07Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | QING NINA WANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2022076205 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BLOOM EDUCATION FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BLOO |
| ReturnHeader/Filer/EIN | 0 | 811903509 |
| ReturnHeader/Filer/PhoneNum | 0 | 2022076205 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 13636 MAIDSTONE LANE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | POTOMAC |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20854 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 84AF2EFF7C101773FA5E775D573FEC8A70876C60 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 5A7A4F439138A9CB74D90B3FD03E63DD3B4E92B0 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.193.137.197 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:11:39 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 481267223 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MICHAEL RINALDI & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5028 WISCONSIN AVE NW SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WASHINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | DC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 200164118 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2023638500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LILY L TSE |
| ReturnHeader/ReturnTs | 0 | 2019-11-15T15:11:39-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $25,028
- Liabilities
- $21,874
- Net assets
- $3,154
- Revenue
- $4
- Expenses
- $2,404
- Net income
- -$2,400