Blossoms Of Hope The Howard County Cherry Tree Project Inc
Blossoms Of Hope maintains stable finances with volunteer leadership and no officer compensation.
EIN: 202857869 · Ellicott City, MD · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $350K |
| Total Expenses | $140K |
| Program Spending | 85% |
| Net Assets | $173K |
| Transparency Score | 85/100 |
Is Blossoms Of Hope The Howard County Cherry Tree Project Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blossoms Of Hope The Howard County Cherry Tree Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blossoms Of Hope The Howard County Cherry Tree Project Inc
Blossoms Of Hope The Howard County Cherry Tree Project Inc (EIN: 202857869) is a nonprofit organization based in Ellicott City, MD, classified under NTEE code S20. The organization reported total revenue of $350K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blossoms Of Hope The Howard County Cherry Tree Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blossoms Of Hope The Howard County Cherry Tree Project Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $140K |
| Surplus / Deficit | +$6K |
| Total Assets | $220K |
| Total Liabilities | $48K |
| Net Assets | $173K |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 18.9 months |
Financial Health Grade: A
In 2024, Blossoms Of Hope The Howard County Cherry Tree Project Inc reported a surplus of $6K with revenue exceeding expenses, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Blossoms Of Hope The Howard County Cherry Tree Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +149.5% | +35.2% | +0.4% |
| 2023 | -57.2% | -34.8% | -1.1% |
| 2022 | -9.8% | +28.8% | -19.8% |
| 2021 | +232.8% | +36.9% | +17.2% |
| 2020 | -57.0% | -10.4% | -17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blossoms Of Hope The Howard County Cherry Tree Project Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Blossoms Of Hope The Howard County Cherry Tree Project Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly favorable for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Blossoms Of Hope The Howard County Cherry Tree Project Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable financial position with consistent assets and manageable liabilities.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Revenues generally cover expenses, indicating sound financial management (e.g., 202406 revenue $146,114 vs. expenses $139,837).
Frequently Asked Questions about Blossoms Of Hope The Howard County Cherry Tree Project Inc
Is Blossoms Of Hope The Howard County Cherry Tree Project Inc a legitimate charity?
Blossoms Of Hope The Howard County Cherry Tree Project Inc (EIN: 202857869) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $350K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Blossoms Of Hope The Howard County Cherry Tree Project Inc spend its money?
Blossoms Of Hope The Howard County Cherry Tree Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Blossoms Of Hope The Howard County Cherry Tree Project Inc tax-deductible?
Blossoms Of Hope The Howard County Cherry Tree Project Inc is registered as a tax-exempt nonprofit (EIN: 202857869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blossoms Of Hope The Howard County Cherry Tree Project Inc's spending goes to programs?
Blossoms Of Hope The Howard County Cherry Tree Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blossoms Of Hope The Howard County Cherry Tree Project Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Blossoms Of Hope The Howard County Cherry Tree Project Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blossoms Of Hope The Howard County Cherry Tree Project Inc located?
Blossoms Of Hope The Howard County Cherry Tree Project Inc is headquartered in Ellicott City, Maryland and files with the IRS under EIN 202857869. It is classified under NTEE code S20.
How many years of IRS 990 filings does Blossoms Of Hope The Howard County Cherry Tree Project Inc have?
Blossoms Of Hope The Howard County Cherry Tree Project Inc has 13 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 $350K in total revenue.
Is Blossoms Of Hope a good charity?
Based on the available data, Blossoms Of Hope appears to be a well-managed charity. The consistent 0% officer compensation is a strong indicator that donations are likely directed efficiently towards their mission, rather than executive salaries. Their financial stability, with assets of $220,483 and consistent operations, also suggests good stewardship.
How does Blossoms Of Hope manage its leadership costs?
Blossoms Of Hope manages its leadership costs exceptionally well by operating with entirely volunteer leadership, as evidenced by 0% officer compensation reported in all 13 IRS 990 filings. This significantly reduces overhead and maximizes funds available for programs.
What is the trend in Blossoms Of Hope's revenue?
Blossoms Of Hope's revenue has fluctuated over the years, ranging from a low of $45,587 in 202006 to a high of $163,454 in 201606. The latest reported revenue for 202406 was $146,114, showing a healthy level of income compared to some prior years.
Are Blossoms Of Hope's assets growing?
Blossoms Of Hope's assets have shown some fluctuation but have remained relatively stable over the past decade. They were $114,767 in 201506, peaked at $301,948 in 201806, and are currently $220,483 in 202406. While not consistently growing, they maintain a solid asset base.
Filing History
IRS 990 filing history for Blossoms Of Hope The Howard County Cherry Tree Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Blossoms Of Hope The Howard County Cherry Tree Project Inc's revenue has grown by 7.5%, moving from $136K to $146K. Total assets increased by 143.5% over the same period, from $91K to $220K. Total functional expenses rose by 2.1%, from $137K to $140K. In its most recent filing year (2024), Blossoms Of Hope The Howard County Cherry Tree Project Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $48K in liabilities against $220K in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $146K | $140K | $220K | $48K | — | — |
| 2023 | $59K | $103K | $220K | $53K | — | View 990 |
| 2022 | $137K | $159K | $222K | $11K | — | View 990 |
| 2021 | $152K | $123K | $277K | $44K | — | View 990 |
| 2020 | $46K | $90K | $236K | $32K | — | — |
| 2019 | $106K | $100K | $288K | $39K | — | View 990 |
| 2018 | $160K | $120K | $302K | $58K | — | View 990 |
| 2017 | $142K | $102K | $235K | $32K | — | View 990 |
| 2016 | $163K | $81K | $196K | $33K | — | View 990 |
| 2015 | $87K | $70K | $115K | $34K | — | View 990 |
| 2014 | $131K | $111K | $94K | $30K | — | View 990 |
| 2013 | $148K | $153K | $96K | $52K | — | View 990 |
| 2012 | $136K | $137K | $91K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $146K, expenses of $140K, and assets of $220K (revenue +149.5% year-over-year).
- 2023: Revenue of $59K, expenses of $103K, and assets of $220K (revenue -57.2% year-over-year).
- 2022: Revenue of $137K, expenses of $159K, and assets of $222K (revenue -9.8% year-over-year).
- 2021: Revenue of $152K, expenses of $123K, and assets of $277K (revenue +232.8% year-over-year).
- 2020: Revenue of $46K, expenses of $90K, and assets of $236K (revenue -57.0% year-over-year).
- 2019: Revenue of $106K, expenses of $100K, and assets of $288K (revenue -33.9% year-over-year).
- 2018: Revenue of $160K, expenses of $120K, and assets of $302K (revenue +12.9% year-over-year).
- 2017: Revenue of $142K, expenses of $102K, and assets of $235K (revenue -13.0% year-over-year).
- 2016: Revenue of $163K, expenses of $81K, and assets of $196K (revenue +88.3% year-over-year).
- 2015: Revenue of $87K, expenses of $70K, and assets of $115K (revenue -33.7% year-over-year).
- 2014: Revenue of $131K, expenses of $111K, and assets of $94K (revenue -11.7% year-over-year).
- 2013: Revenue of $148K, expenses of $153K, and assets of $96K (revenue +9.1% year-over-year).
- 2012: Revenue of $136K, expenses of $137K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blossoms Of Hope The Howard County Cherry Tree Project Inc:
Data Sources and Methodology
This transparency report for Blossoms Of Hope The Howard County Cherry Tree Project Inc 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.