Civic Intelligence

We Bloom Inc.

990 • Fiscal year 2022 • EIN 82-2859964

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

525 S Meridian St Ste 1e6Indianapolis, IN 46225

(206) 940-5234

Siviq Scores

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

Liabilities / Assets

61st percentile

0.13x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

85th percentile

41%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$71,084

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

99th percentile

437%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

98th percentile

445%

Faster revenue growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,711,001

Up $2,206,080 (+437%) from 2021

Net Assets

Up

$2,365,732

Up $2,001,253 (+549%) from 2021

Liabilities

Up

$345,269

Up $204,827 (+146%) from 2021

Revenue

Up

$4,930,603

Up $4,026,608 (+445%) from 2021

Expenses

Up

$2,929,350

Up $1,963,504 (+203%) from 2021

Net Income

Up

$2,001,253

Up $2,063,104 (+3336%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $143,843Liabilities 2019: $4,355Net Assets 2019: $139,4882019Assets 2020: $393,022Liabilities 2020: $7,292Net Assets 2020: $385,7302020Assets 2021: $504,921Liabilities 2021: $140,442Net Assets 2021: $364,4792021Assets 2022: $2,711,001Liabilities 2022: $345,269Net Assets 2022: $2,365,7322022Assets 2023: $3,031,004Liabilities 2023: $346,380Net Assets 2023: $2,684,6242023Assets 2024: $6,768,878Liabilities 2024: $2,690,819Net Assets 2024: $4,078,0592024

Highlighted filing

2022

Assets$2,711,001
Liabilities$345,269
Net Assets$2,365,732

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $232,249Expenses 2019: $114,847Net Income 2019: $117,4022019Revenue 2020: $816,291Expenses 2020: $570,049Net Income 2020: $246,2422020Revenue 2021: $903,995Expenses 2021: $965,846Net Income 2021: -$61,8512021Revenue 2022: $4,930,603Expenses 2022: $2,929,350Net Income 2022: $2,001,2532022Revenue 2023: $4,173,800Expenses 2023: $3,854,908Net Income 2023: $318,8922023Revenue 2024: $5,070,884Expenses 2024: $3,679,198Net Income 2024: $1,391,6862024

Highlighted filing

2022

Revenue$4,930,603
Expenses$2,929,350
Net Income$2,001,253
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$4,938,971
Mission and Program Overview

Mission

We bloom, inc.'s mission is to empower communities through training, education, consulting, collaboration, resource sharing and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$440,532$1,606,751▲ $1,166,219
Pledges and Grants Receivable$52,510$1,074,357▲ $1,021,847
Prepaid Expenses and Deferred Charges$8,152$20,049▲ $11,897
Land, Buildings, and Equipment, Net$3,727$0▼ $3,727
Total Assets$504,921$2,711,001▲ $2,206,080
Other Assets Total$0$9,844▲ $9,844
Liabilities
Accounts Payable and Accrued Expenses$33,577$292,319▲ $258,742
Deferred Revenue$80,249$0▼ $80,249
Other Liabilities$26,616$52,950▲ $26,334
Total Liabilities$140,442$345,269▲ $204,827
Net Assets / Fund Balance
Net Assets With Donor Restrictions$46,434$2,200,981▲ $2,154,547
Net Assets Without Donor Restrictions$318,045$164,751▼ $153,294
Total Net Assets Fund Balance$364,479$2,365,732▲ $2,001,253
Total Liabilities and Net Assets / Fund Balance$504,921$2,711,001▲ $2,206,080
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beth KreitlEds, Lhmc, RytFT$71,084$71,084

Board Members and Trustees

NameTitle
Gary MilesPresident
Diem BuiVice President
Derek KendrickMember-at-large
Derrin SlackMember-at-large
Kevin FitzgeraldMember-at-large
Mimi HoangMember-at-large
Ondrea RobinsonMember-at-large
Adam DejuteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,914,562
Program Service Revenue
$0
Investment Income
$-3,005
Other Revenue
$19,046
All Other Contributions
$529,589
Change in Net Assets
$2,001,253

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$75,514Fair Market Value (FMV)
Total Noncash Contributions1$75,514-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,930,603
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,368
Total Revenue per Audited Statements
$4,938,971
Total Revenue per Form 990
$4,930,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,951,538
Salaries, Compensation, and Employee Benefits$977,812
Total Fundraising Expense$4,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$526,749$286,047-$812,796
All Other Expenses$84,029$23,917-$107,946
Fees for Services Other$63,043$33,947$4,200$101,190
Payroll Taxes$49,281$25,642-$74,923
Current Officers, Directors, Trustees, and Key Employees$46,067$25,017-$71,084
Conferences and Meetings$3,856$51,647-$55,503
Other Expenses$48,428$0$0$48,428
Occupancy$32,310$12,015-$44,325
Other Employee Benefits-$19,009-$19,009
Office Expenses$1,625$14,015-$15,640
Advertising-$12,632-$12,632
Insurance$11,593--$11,593
Depreciation Depletion$722--$722
Total Functional Expenses$2,376,451$548,699$4,200$2,929,350

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,937,718
Expenses per Audited Statements$2,929,350
Total Expenses per Form 990$2,929,350
Expenses Not Reported on Form 990$8,368
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,409
Fundraising Direct Expenses$5,363
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraising Breakfast$24,409$24,409$5,363$19,046
Total Events$24,409$24,409$5,363$19,046
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$42,806
Lease Obligations$10,144
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Section A, Line 2

Beth kreitl kevin espirito exec direct secretary married

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 was provided to the board of directors before filing.

Form 990, Part VI, Section C, Line 19

No documents have been made available to the public

Filing and Contact Details

Filer

Filer Name
We Bloom Inc
EIN
82-2859964
Phone
2069405234
Address
525 S MERIDIAN ST STE 1E6, INDIANAPOLIS, IN 46225

Signing Officer

Name
Adam Dejute
Title
Treasurer
Phone
2069405234
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Kreitl Eds Lhmc R
Formed
2017
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
39
Volunteers
12

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Brian C Beckman CPA
Phone
3177809850
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Loss on disposal of equipment fundraising expenses

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on disposal of equipment fundraising expenses

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IRS990/Desc0SERVICE ACCOMPLISHMENTS DURING 2022 CONSISTED OF THE LAUNCH OF SEVERAL NEW PROGRAMS INCLUDING: LAUNCHING THE DISCOVERY CAFE PILOT PROGRAMS IN 4 NEW LOCATIONS: INDIANAPOLIS, LAFAYETTE, GREENFIELD, AND KOKOMO; LAUNCHING THE HARM REDUCTION STREET OUTREACH (HRSO) TEAMS; LAUNCHING OF THE BIPOC HEALTH EQUITY INITIATIVE WHICH INCLUDES BIPOC PEER EXPANSION VIA TRAININGS AND CATALYZING BIPOC-LED PROGRAMS FOR GRASSROOTS ORGANIZATIONS; LAUNCHING OF MEMBER FINANCIAL ASSISTANCE (MFA) PROGRAM WHICH INCLUDES THE FUNDING OF RECOVERY WORKS; AND THE LAUNCHING OF WE BLOOM CATALYST COACHING PROGRAM FOR STRUCTURED SUPPORT AND INCREASED RESPONSIVENESS.
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IRS990/OtherExpensesGrp/TotalAmt348428
IRS990/OtherLiabilitiesGrp/BOYAmt026616
IRS990/OtherLiabilitiesGrp/EOYAmt052950
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0286047
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0526749
IRS990/OtherSalariesAndWagesGrp/TotalAmt0812796
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025642
IRS990/PayrollTaxesGrp/ProgramServicesAmt049281
IRS990/PayrollTaxesGrp/TotalAmt074923
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt052510
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01074357
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08152
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020049
IRS990/PrincipalOfficerNm0BETH KREITL EDS LHMC R
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0N/A
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0903995
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0388290
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-61851
IRS990/PYSalariesCompEmpBnftPaidAmt0577556
IRS990/PYTotalExpensesAmt0965846
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0903995
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02001253
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04938971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0903995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0734291
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06742861
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt06742861
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04938971
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0903995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0734291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165604
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06742861
IRS990ScheduleA/TotalSupportAmt06742861
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt08368
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02929350
IRS990ScheduleD/OtherExpensesIncludedAmt08368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE OBLIGATIONS
IRS990ScheduleD/OtherRevenueAmt08368
IRS990ScheduleD/RevenueNotReportedAmt08368
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04930603
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON DISPOSAL OF EQUIPMENT FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF EQUIPMENT FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02929350
IRS990ScheduleD/TotalLiabilityAmt052950
IRS990ScheduleD/TotalRevenuePerForm990Amt04930603
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04938971
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02937718
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05363
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL FUNDRAISING BREAKFAST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024409
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024409
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024409
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024409
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019046
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05363
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05363
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0IN-KIND DONATIONS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt075514
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BETH KREITL KEVIN ESPIRITO EXEC DIRECT SECRETARY MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS HAVE BEEN MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0504921
IRS990/TotalAssetsEOYAmt02711001
IRS990/TotalAssetsGrp/BOYAmt0504921
IRS990/TotalAssetsGrp/EOYAmt02711001
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04914562
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04200
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0548699
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02376451
IRS990/TotalFunctionalExpensesGrp/TotalAmt02929350
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0140442
IRS990/TotalLiabilitiesEOYAmt0345269
IRS990/TotalLiabilitiesGrp/BOYAmt0140442
IRS990/TotalLiabilitiesGrp/EOYAmt0345269
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0364479
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02365732
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02376451
IRS990/TotalReportableCompFromOrgAmt071084
IRS990/TotalRevenueGrp/ExclusionAmt019046
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-3005
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04930603
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0504921
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02711001
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt0525 S MERIDIAN ST STE 1E6
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046225
IRS990/VotingMembersGoverningBodyCnt09

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