Bloom Center For Art And Integrated Therapies Llc
EIN: 800797207 · Milwaukee, WI
| Metric | Value |
|---|---|
| Total Revenue | $631K |
| Total Expenses | $429K |
| Net Assets | $97K |
Is Bloom Center For Art And Integrated Therapies Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bloom Center For Art And Integrated Therapies Llc
Bloom Center For Art And Integrated Therapies Llc (EIN: 800797207) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $631K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bloom Center For Art And Integrated Therapies Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bloom Center For Art And Integrated Therapies Llc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 54.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $476K |
| Total Expenses | $429K |
| Surplus / Deficit | +$47K |
| Total Assets | $106K |
| Total Liabilities | $9K |
| Net Assets | $97K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 8.5% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, Bloom Center For Art And Integrated Therapies Llc reported a surplus of $47K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 8.5% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Bloom Center For Art And Integrated Therapies Llc's revenue has grown at a compound annual growth rate (CAGR) of 54.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.7% | +63.9% | +47.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bloom Center For Art And Integrated Therapies Llc 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 Bloom Center For Art And Integrated Therapies Llc 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 $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.5%.
Frequently Asked Questions about Bloom Center For Art And Integrated Therapies Llc
Is Bloom Center For Art And Integrated Therapies Llc a legitimate charity?
Bloom Center For Art And Integrated Therapies Llc (EIN: 800797207) is a registered tax-exempt nonprofit based in Wisconsin. It has 2 years of IRS 990 filings on record. Total revenue: $631K. No red flags identified. Financial health grade: A.
How does Bloom Center For Art And Integrated Therapies Llc spend its money?
Bloom Center For Art And Integrated Therapies Llc reported $631K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bloom Center For Art And Integrated Therapies Llc tax-deductible?
Bloom Center For Art And Integrated Therapies Llc is registered as a tax-exempt nonprofit (EIN: 800797207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bloom Center For Art And Integrated Therapies Llc located?
Bloom Center For Art And Integrated Therapies Llc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 800797207.
How many years of IRS 990 filings does Bloom Center For Art And Integrated Therapies Llc have?
Bloom Center For Art And Integrated Therapies Llc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $631K in total revenue.
Filing History
IRS 990 filing history for Bloom Center For Art And Integrated Therapies Llc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Bloom Center For Art And Integrated Therapies Llc's revenue has grown by 54.7%, moving from $308K to $476K. Total assets increased by 47.2% over the same period, from $72K to $106K. Total functional expenses rose by 63.9%, from $262K to $429K. In its most recent filing year (2023), Bloom Center For Art And Integrated Therapies Llc reported a surplus of $47K, with revenue exceeding expenses. The organization holds $9K in liabilities against $106K in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $97K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $476K | $429K | $106K | $9K | — | — |
| 2022 | $308K | $262K | $72K | $22K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bloom Center For Art And Integrated Therapies Llc:
Data Sources and Methodology
This transparency report for Bloom Center For Art And Integrated Therapies Llc 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.