Overview
What is Blossom Foundation Inc?
Blossom Foundation Inc, based in Graham, Texas, is a nonprofit organization dedicated to promoting holistic wellness. Their mission involves offering programs aimed at enhancing participants' physical, emotional, and spiritual well-being. These initiatives extend beyond their facilities, reaching out to provide critical support to individuals in need. Additionally, Blossom Foundation Inc collaborates with academic institutions and industries in the scientific study of consciousness. Their offerings include yogateacher training programs and outreach programs to broaden their impact.
Official website here: www.blossomfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star Rating
Blossom Foundation Inc has received a low rating of 53% from Charity Navigator, reflecting notable areas for improvement in accountability and finance. The organization boasts 100% independent board members, indicating a strong governance structure, and has shown no material diversion of assets. However, the absence of financial statements significantly affects its transparency rating, leading to a substantial deduction in points.
While the charity has implemented policies such as conflict of interest and maintains meeting minutes, it falls short in critical areas like having a whistleblower policy and proper document retention practices. Additionally, the lack of a posted tax form on their website raises concerns about their commitment to transparency with stakeholders.
The financial health of Blossom Foundation Inc indicates a reasonable liabilities to assets ratio at 34.07%, and a program expense ratio of 53.60%, which suggests that just over half of their expenses are directed towards their programs. Overall, while the foundation has some solid governance practices, significant improvements are needed in financial transparency and public accountability to enhance its rating and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Blossom Foundation Inc legitimate?
Blossom Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blossom 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:
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For more financial information, click here
Official website here: www.blossomfoundation.com
What is the mission statement of Blossom Foundation Inc?
The Blossom Foundation Inc's mission is centered around providing holistic wellness programs. These programs are designed to enhance the physical, emotional, and spiritual well-being of participants. The foundation achieves this by offering outreach services, providing critical support to individuals in need. In addition, they offer yogateacher training programs and collaborate with academic institutions and industries for the scientific study of consciousness. The goal is to help individuals clear their minds of distractions and conflicts, promoting overall well-being.
Official website here: www.blossomfoundation.com
Who is the CEO of Blossom Foundation Inc?
Mumtaz Ali is the President of Blossom Foundation Inc.
Official website here: www.blossomfoundation.com
What is the revenue of Blossom Foundation Inc?
Blossom Foundation Inc's revenue in 2022 was $886,580.
Official website here: www.blossomfoundation.com
Who are the executives of Blossom Foundation Inc and what are their salaries?
There 50 volunteers at Blossom Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.blossomfoundation.com
Where can I find the form 990 for Blossom Foundation Inc?
Blossom Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blossomfoundation.com
Learn more at the official website: www.blossomfoundation.com
Mission Statement of Blossom Foundation Inc
Blossom Foundation Inc is dedicated to delivering holistic wellness programs that cater to the physical, emotional, and spiritual well-being of individuals in need. Their mission is to provide critical support through outreach programs, aiming to clear the minds of participants of any distractions and conflicts. The nonprofit organization also offers yogateacher training programs and collaborates with academic institutions and industries in the scientific study of consciousness. By offering these services, Blossom Foundation Inc strives to improve the overall well-being of the individuals it serves.
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Impact
July, 2024
Blossom Foundation Inc's impact is profound in the realm of holistic wellness programs. By offering programs designed to improve the physical, emotional, and spiritual well-being of participants, they are positively influencing individuals' overall health and mindset. Their outreach programs provide critical support to those in need, promoting a sense of balance and inner peace. Additionally, through initiatives such as yoga teacher training programs and the scientific study of consciousness in collaboration with academic institutions and industry partners, Blossom Foundation Inc is advancing knowledge and practices that benefit both individuals and communities.
This information is meant to be a general summary of Blossom 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.
- Program Service Revenue: $341,965
- Gross Receipts: $886,580
Assets and Liabilities:
- Total Assets: $2,252,062
- Total Liabilities: $767,290
- Net Assets: $1,484,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Receipts
Revenue
$341,965
Organization Details
Founding Year
2017
Principal Officer
Mumtaz Ali
Main Address
302 Racetrack Road, Graham, TX, 76450
Website
www.blossomfoundation.comNTEE Category
Code: P20 - Human services
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