Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.34x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Up$64,478
Up $27,324 (+74%) from 2020
Net Assets
Up$42,604
Up $27,324 (+179%) from 2020
Liabilities
Flat$21,874
Flat from 2020
Revenue And Expenses
Revenue
Up$32,807
Up $15,707 (+92%) from 2020
Expenses
Down$5,483
Down $3,329 (-38%) from 2020
Net Income
Up$27,324
Up $19,036 (+230%) from 2020
Historical Trend
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.
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|---|---|---|
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| 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.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $64,478
- Liabilities
- $21,874
- Net assets
- $42,604
- Revenue
- $32,807
- Expenses
- $5,483
- Net income
- $27,324
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