Overview
What is Bloom India Development Foundation Inc?
Bloom India Development Foundation Inc is a charitable organization, as per its Articles of Incorporation and By-laws, based on a commitment to promoting education and character development. It collaborates with The Darsha Academy, a Pre-University Course, to foster resilient young women, empowering them for leadership roles and community transformation. This partnership aims to equip these women with the necessary skills and values to make a positive impact in their communities. The organization's mission is not specified in the provided information, but it is clear that education and character development are at the heart of its endeavors.
Official website here: www.bloomindia.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Bloom India Development Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable score of 86%. The organization excels particularly in the Accountability & Finance category with a score of 74%, showcasing a strong commitment to transparent financial practices and effective governance. Notably, it has achieved 100% independent board membership and maintains rigorous policies, although it lacks a whistleblower policy, which slightly affects its governance score.
In terms of financial performance, Bloom India spends a significant 89.5% of its budget on program expenses, indicating a focus on direct impact rather than administrative costs. The organization demonstrates a strong financial health with zero liabilities to assets ratio, enhancing its stability and sustainability. Additionally, it has effectively established a culture of feedback and community engagement, scoring 100% in various metrics related to stakeholder involvement and equitable strategies.
Despite its strengths, the absence of a whistleblower policy is a noted limitation, suggesting an area for improvement in safeguarding integrity within its operations. Overall, Bloom India Development Foundation Inc showcases solid performance in many areas, highlighting its commitment to accountability, community involvement, and effective leadership development.
This AI summary has been generated from information found on Charity Navigator.
Is Bloom India Development Foundation Inc legitimate?
Bloom India Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloom India Development Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,829
For more financial information, click here
Official website here: www.bloomindia.com
What is the mission statement of Bloom India Development Foundation Inc?
The Bloom India Development Foundation Inc., as outlined in its charter, operates primarily for charitable and educational purposes. It collaborates with The Darsha Academy, a Pre-University Course institution, with a focus on fostering resilient young women who are equipped for leadership and community transformation. This is achieved through a comprehensive approach that encompasses education and character development.
Official website here: www.bloomindia.com
Who is the CEO of Bloom India Development Foundation Inc?
Dennis Mathew is the President of Bloom India Development Foundation Inc.
Official website here: www.bloomindia.com
What is the revenue of Bloom India Development Foundation Inc?
Bloom India Development Foundation Inc's revenue in 2022 was $813,875.
Official website here: www.bloomindia.com
Who are the executives of Bloom India Development Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Compensation: $52,500
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- Compensation: $37,329
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Official website here: www.bloomindia.com
Where can I find the form 990 for Bloom India Development Foundation Inc?
Bloom India Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bloomindia.com
Learn more at the official website: www.bloomindia.com
Mission Statement of Bloom India Development Foundation Inc
Bloom India Development Foundation, a charitable organization, is dedicated to serving its purpose as outlined in its Articles of Incorporation and By-laws. The foundation focuses on collaborating with The Darsha Academy, an educational institution that specializes in preparing resilient young women for leadership roles and community transformation. This is achieved through a Pre-University Course (PUC) that emphasizes character development alongside academic excellence. The objective of Bloom India Development Foundation is to support this initiative, contributing to the overall goal of empowering young women to make a positive impact in their communities.
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Impact
July, 2024
Bloom India Development Foundation Inc's impact can be seen through its partnership with The Darsha Academy, a Pre-University Course (PUC) that focuses on preparing resilient young women for leadership and community transformation through education and character development. The foundation operates exclusively for charitable and educational purposes, working towards empowering young women to become leaders and change-makers in their communities. Through their partnership with The Darsha Academy, Bloom India Development Foundation is making a positive impact by providing educational opportunities that shape the future of these young women and their communities.
This information is meant to be a general summary of Bloom India Development Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $813,875
Assets and Liabilities:
- Total Assets: $459,363
- Total Liabilities: $0
- Net Assets: $459,363
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Organization Details
Founding Year
2012
Phone
(215) 850-6799Principal Officer
Dennis Mathew
Main Address
56 Lorena Road, Winchester, MA, 01890
Website
www.bloomindia.comNTEE Category
Code: P19 - Human services
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