Bloom Fitness Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 92,525 | 959 | 91,566 | 1145.8 | — |
| 2021 | 151,294 | 127,705 | 23,589 | 10.8 | — |
| 2022 | 300,832 | 261,362 | 39,470 | 7.1 | 41% |
| 2023 | 278,493 | 323,882 | −45,389 | 4.2 | 36% |
In its most recent public year (2023), this organization spent $45,389 more than it brought in. Its reserves stood at about 4.2 months of spending, down from 1145.8 in 2020. Staff pay was 36% of spending. $12,239 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
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