Bloom Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 395,032 | 169,816 | 225,216 | 15.9 | 68% |
| 2020 | 910,963 | 918,206 | −7,243 | 2.8 | 33% |
| 2021 | 1,794,725 | 1,427,120 | 367,605 | 4.9 | 35% |
| 2022 | 3,511,351 | 3,456,515 | 54,836 | 2.2 | 47% |
| 2023 | 5,051,265 | 4,864,199 | 187,066 | 1.5 | 49% |
In its most recent public year (2023), this organization brought in $187,066 more than it spent. Its reserves stood at about 1.5 months of spending, down from 15.9 in 2019. Staff pay was 49% of spending. $449,456 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Bloom Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works