Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
43rd percentile
Faster asset growth than 43% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Down$93,403
Down $11,919 (-11%) from 2022
Net Assets
Down$71,479
Down $11,914 (-14%) from 2022
Liabilities
Down$21,924
Down $5 (-0.0%) from 2022
Revenue
Down$9,202
Down $37,130 (-80%) from 2022
Expenses
Up$11,508
Up $5,965 (+108%) from 2022
Net Income
Down-$2,306
Down $43,095 (-106%) from 2022
SEE SCHEDULE O
| Description | Grants | Expenses |
|---|---|---|
| Provide scholarships and airline tickets for underprivileged kids to the US for education and medical needs. | - | $9,182 |
| Advanced cross-cultural education and program provides the students in the U.S. and overseas an opportunity to communicate. | - | $2,326 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LIPING SHEN | Chairman | PT | $0 | - | - |
| BAOFENG WANG | Vice Chairman | - | $0 | - | - |
| HUICHUAN REN | Secretary | - | $0 | - | - |
| QING WANG | Treasurer | - | $0 | - | - |
“Description AmountCREDIT CARD REWARDS 98”
“Description AmountDC ANNUAL FEE 49MEETING COST 608BANK FEE 47POSTAGE AND PO BOX 663AIR TICKET FOR CHARITABLE ACTIVITY 2,502WEB FEE 15EDUCATION MATERIAL 144DOCTOR FEE FOR CHARITABLE ACTIVITY 680SCHOLARSHIP 6,000”
“Category Beginning of Year End of YearLOANS FROM OFFICERS 21,874 21,874CREDIT CARD PAYABLES 56 49ROUNDING ISSUE 1 1”
“Primary exempt purposes 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 connect,interact with and help disadvantaged students gain access to more resources;organizing summer and winter camps to allow disadvantaged students opportunities for participation.”
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 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 | 95716 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 93403 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 9100 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2306 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 800 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 95716 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 93403 |
| IRS990EZ/GrossReceiptsAmt | 0 | 9202 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4 |
| 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 | 73785 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 71479 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 73785 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 71479 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| 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 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 | 10708 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 98 |
| 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/DescriptionProgramSrvcAccomTxt | 1 | Provide scholarships and airline tickets for underprivileged kids to the US for education and medical needs. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2326 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 9182 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MD |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 21931 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 21924 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 11508 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11508 |
| IRS990EZ/TotalRevenueAmt | 0 | 9202 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 9100 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9650 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16328 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 32805 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17097 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 84980 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30000 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 30000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.73910 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.68470 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 84980 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 9100 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9650 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16328 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 32805 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17097 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 84980 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 9100 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 9650 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 46328 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 32805 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 17097 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 114980 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| 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 AmountCREDIT CARD REWARDS 98 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDC ANNUAL FEE 49MEETING COST 608BANK FEE 47POSTAGE AND PO BOX 663AIR TICKET FOR CHARITABLE ACTIVITY 2,502WEB FEE 15EDUCATION MATERIAL 144DOCTOR FEE FOR CHARITABLE ACTIVITY 680SCHOLARSHIP 6,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearLOANS FROM OFFICERS 21,874 21,874CREDIT CARD PAYABLES 56 49ROUNDING ISSUE 1 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PRIMARY EXEMPT PURPOSES 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 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 revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part III response or note to any other line in Part III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | QING WANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2022076205 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BLOOM EDUCATION FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BLOO |
| ReturnHeader/Filer/EIN | 0 | 811903509 |
| ReturnHeader/Filer/InCareOfNm | 0 | % QING WANG |
| ReturnHeader/Filer/PhoneNum | 0 | 2022076205 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FORTUNE AND BEYOND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 296 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Germantown |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20875 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3152624354 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-03-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NING JIN |
| ReturnHeader/ReturnTs | 0 | 2025-03-11T15:17:51-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.