Overview
What is We Bloom Inc?
We Bloom Inc, based in Indianapolis, Indiana, is a nonprofit organization with a mission to empower communities. In 2022, they launched several new initiatives, such as the Discovery Cafe pilot programs in four locations, Harm Reduction Street Outreach teams, a BIPOC Health Equity Initiative, a Member Financial Assistance program, and a We Bloom Catalyst Coaching program for enhanced support. Their mission encompasses training, education, consulting, collaboration, resource sharing, and technology, aiming to uplift various communities. With a workforce of 39 individuals, We Bloom Inc continues to foster growth and promote wellbeing in the communities they serve.
Official website here: www.webloom.org
What are the reviews and ratings of this charity?
Charity Navigator rates We Bloom Inc at 88%, granting it a Three-Star out of Four Star rating. This score indicates a solid level of accountability and financial health, reflecting the organization’s commitment to its mission. The charity demonstrates strong governance with a fully independent board and effective oversight mechanisms in place, such as an audit committee.
Despite these strengths, there are some notable limitations. We Bloom Inc lacks certain policies essential for a robust governance framework, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps could potentially impact the organization’s transparency and risk management practices.
Financially, We Bloom Inc performs well, with a high program expense ratio of 81.51%, indicating that a significant portion of its resources is directed towards its programs. The organization also maintains a low liabilities-to-assets ratio, suggesting good financial stability. However, the missing governance policies highlight areas for improvement that could enhance its overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is We Bloom Inc legitimate?
We Bloom Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. We Bloom 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: $71,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $812,796
For more financial information, click here
Official website here: www.webloom.org
What is the mission statement of We Bloom Inc?
We Bloom Inc's mission is centered around empowering communities. They accomplish this through various means, including training, education, consulting, collaboration, resource sharing, and the utilization of technology. In 2022, they launched several new programs, such as the Discovery Cafe pilot programs in four new locations, Harm Reduction Street Outreach teams, a BIPOC Health Equity Initiative, a Member Financial Assistance program, and the We Bloom Catalyst Coaching program for enhanced support and responsiveness.
Official website here: www.webloom.org
Who is the CEO of We Bloom Inc?
Beth Kreitl Eds Lhmc R is the Eds, Lhmc, Ryt of We Bloom Inc.
Official website here: www.webloom.org
What is the revenue of We Bloom Inc?
We Bloom Inc's revenue in 2022 was $4,930,603.
Official website here: www.webloom.org
Who are the executives of We Bloom Inc and what are their salaries?
The average compensation at We Bloom Inc during 2022 was $22,664. There are 39 employees and 12 volunteers at We Bloom Inc.
Here are 9 key members and their salaries:
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Official website here: www.webloom.org
Where can I find the form 990 for We Bloom Inc?
We Bloom Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.webloom.org
Learn more at the official website: www.webloom.org
Mission Statement of We Bloom Inc
We Bloom Inc, a nonprofit organization, is committed to empowering communities by leveraging training, education, consulting, collaboration, resource sharing, and technology. Their mission is to drive positive change and foster growth within communities, addressing various needs and challenges through their diverse range of services.
In pursuit of their mission, We Bloom Inc launched several new initiatives in 2022. They introduced the Discovery Cafe pilot programs in four different locations, namely Indianapolis, Lafayette, Greenfield, and Kokomo. These programs aimed to provide a safe and welcoming space for individuals to connect, learn, and engage in meaningful discussions. Additionally, We Bloom Inc established Harm Reduction Street Outreach (HRSO) teams to offer support and resources to those in need, particularly in underserved communities.
Furthermore, We Bloom Inc prioritized health equity by launching the BIPOC Health Equity Initiative. This initiative included training for BIPOC peers and the catalyzation of BIPOC-led programs for grassroots organizations. The organization also introduced the Member Financial Assistance (MFA) program, which funded Recovery Works, providing financial support to members in need. Lastly, We Bloom Inc introduced the We Bloom Catalyst Coaching Program, offering structured support and increased responsiveness to further empower communities.
By implementing these initiatives, We Bloom Inc demonstrates its unwavering commitment to empowering communities and creating positive change through their mission-driven services. Their approach encompasses a holistic approach, addressing various needs and challenges within communities by leveraging their expertise in training, education, consulting, collaboration, resource sharing, and technology.
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Impact
July, 2024
We Bloom Inc's impact can be seen through the empowerment of communities via training, education, consulting, collaboration, resource sharing, and technology. In 2022, the organization launched several new programs, including the Discovery Cafe pilot programs in four new locations, the Harm Reduction Street Outreach teams, the BIPOC Health Equity Initiative focusing on expanding BIPOC peer networks and catalyzing BIPOC-led grassroots programs, the Member Financial Assistance program supporting recovery works, and the We Bloom Catalyst Coaching program for structured support and increased responsiveness. These initiatives showcase the organization's dedication to fostering community empowerment and providing valuable resources and support to those in need.
This information is meant to be a general summary of We Bloom 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.
- Investment Income: -$3,005
- Gross Receipts: $4,938,971
Assets and Liabilities:
- Total Assets: $2,711,001
- Total Liabilities: $345,269
- Net Assets: $2,365,732
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Organization Details
Founding Year
2017
Phone
(206) 940-5234Principal Officer
Beth Kreitl Eds Lhmc R
Main Address
525 S MERIDIAN ST STE 1E6, INDIANAPOLIS, IN, 46225
Website
www.webloom.orgNTEE Category
Code: E70 - Health
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