Bliss Spiritual Co Op
EIN: 455248460 · Mt Pleasant, SC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $61K |
| Net Assets | $46K |
Is Bliss Spiritual Co Op Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bliss Spiritual Co Op
Bliss Spiritual Co Op (EIN: 455248460) is a nonprofit organization based in Mt Pleasant, SC, classified under NTEE code P20. The organization reported total revenue of $79K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bliss Spiritual Co Op's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bliss Spiritual Co Op is a micro nonprofit that has been operating for 14 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $61K |
| Surplus / Deficit | +$4K |
| Total Assets | $47K |
| Total Liabilities | $762 |
| Net Assets | $46K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Bliss Spiritual Co Op reported a surplus of $4K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Bliss Spiritual Co Op's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.6% | +1.9% | +7.3% |
| 2022 | -23.3% | +13.5% | -14.9% |
| 2021 | +12.8% | +14.1% | +34.8% |
| 2020 | +22.4% | -3.1% | +56.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bliss Spiritual Co Op has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bliss Spiritual Co Op with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Bliss Spiritual Co Op
Is Bliss Spiritual Co Op a legitimate charity?
Bliss Spiritual Co Op (EIN: 455248460) is a registered tax-exempt nonprofit based in South Carolina. It has 5 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: A.
How does Bliss Spiritual Co Op spend its money?
Bliss Spiritual Co Op reported $79K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bliss Spiritual Co Op tax-deductible?
Bliss Spiritual Co Op is registered as a tax-exempt nonprofit (EIN: 455248460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bliss Spiritual Co Op located?
Bliss Spiritual Co Op is headquartered in Mt Pleasant, South Carolina and files with the IRS under EIN 455248460. It is classified under NTEE code P20.
How many years of IRS 990 filings does Bliss Spiritual Co Op have?
Bliss Spiritual Co Op has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $79K in total revenue.
Filing History
IRS 990 filing history for Bliss Spiritual Co Op showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Bliss Spiritual Co Op's revenue has grown by 34.1%, moving from $48K to $65K. Total assets increased by 92.6% over the same period, from $24K to $47K. Total functional expenses rose by 28%, from $47K to $61K. In its most recent filing year (2023), Bliss Spiritual Co Op reported a surplus of $4K, with revenue exceeding expenses. The organization holds $762 in liabilities against $47K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $61K | $47K | $762 | — | View 990 |
| 2022 | $51K | $60K | $44K | $1K | — | View 990 |
| 2021 | $66K | $52K | $52K | $443 | — | — |
| 2020 | $59K | $46K | $38K | $1K | — | View 990 |
| 2019 | $48K | $47K | $24K | $183 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $61K, and assets of $47K (revenue +26.6% year-over-year).
- 2022: Revenue of $51K, expenses of $60K, and assets of $44K (revenue -23.3% year-over-year).
- 2021: Revenue of $66K, expenses of $52K, and assets of $52K (revenue +12.8% year-over-year).
- 2020: Revenue of $59K, expenses of $46K, and assets of $38K (revenue +22.4% year-over-year).
- 2019: Revenue of $48K, expenses of $47K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bliss Spiritual Co Op:
Data Sources and Methodology
This transparency report for Bliss Spiritual Co Op is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.