Overview
What is Bloom Academy Inc?
Bloom Academy Inc, a nonprofit organization located in Houston, Texas (specifically at 3420 Almeda Genoa Rd, 77047), focuses on providing quality education to kindergarten to third-grade students. Their mission is to equip these scholars with the necessary skills and characteristics to excel in middle school, high school, college, and ultimately lead meaningful lives in their communities. This is achieved through a blend of rigorous academic curriculum, joy, and character development. The organization, which employs around 40 individuals, operates under the umbrella of public school education.
Official website here: www.bloomacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Bloom Academy Inc has received a two-star rating from Charity Navigator, indicating that the organization has several strengths but also notable weaknesses. The organization boasts a high level of independence on its board, with 100% independent members, and excels in key financial oversight areas, such as having no material diversion of assets. Additionally, the program expense ratio is commendable, suggesting that a significant portion of its resources is directed toward its core mission.
However, the organization faces challenges in governance and transparency, as it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, the absence of its tax form on the nonprofit's website raises concerns about accessibility and transparency for stakeholders. These gaps contribute to its overall low accountability and finance score, which sits at 69%.
While Bloom Academy Inc demonstrates a commitment to its programs, the areas for improvement in governance could impact its reputation and effectiveness in the long run. Addressing these deficiencies would be crucial for enhancing trust with donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Bloom Academy Inc legitimate?
Bloom Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloom Academy 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: $1,609,714
For more financial information, click here
Official website here: www.bloomacademy.org
What is the mission statement of Bloom Academy Inc?
Bloom Academy Inc, focusing on public education, aims to prepare kindergarten through third-grade scholars for future success in middle school, high school, and college. This is achieved through a rigorous academic curriculum combined with joy and character development. The ultimate goal is to equip these students with the necessary skills to lead impactful lives in their communities. The school fosters a learning environment that nurtures scholars' intellectual, emotional, and social growth.
Official website here: www.bloomacademy.org
Who is the CEO of Bloom Academy Inc?
Courtney Sales is the Board Vice C of Bloom Academy Inc.
Official website here: www.bloomacademy.org
What is the revenue of Bloom Academy Inc?
Bloom Academy Inc's revenue in 2022 was $3,511,351.
Official website here: www.bloomacademy.org
Who are the executives of Bloom Academy Inc and what are their salaries?
The average compensation at Bloom Academy Inc during 2022 was $40,243. There are 40 employees at Bloom Academy Inc.
Here are 5 key members and their salaries:
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Official website here: www.bloomacademy.org
Where can I find the form 990 for Bloom Academy Inc?
Bloom Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bloomacademy.org
Learn more at the official website: www.bloomacademy.org
Mission Statement of Bloom Academy Inc
Bloom Academy Inc, a public school dedicated to educating kindergarten through third-grade scholars, strives to prepare its students for future academic success in middle school, high school, and college. The institution's mission is multifaceted, encompassing rigorous academic lessons, joyful learning experiences, and character development. By fostering a rigorous learning environment, Bloom Academy aims to equip its scholars with the necessary skills and knowledge to excel in their academic journeys. Simultaneously, the school prioritizes fostering joy and happiness within its classrooms, recognizing that a positive and enjoyable learning environment can significantly contribute to a child's overall development.
Furthermore, Bloom Academy Inc emphasizes character development as an integral part of its educational philosophy. Through this approach, the school aims to prepare its scholars not only for academic success but also for leading lives of positive impact within their communities. By instilling values such as responsibility, respect, and compassion, Bloom Academy hopes to nurture well-rounded individuals who can contribute positively to society. In summary, Bloom Academy Inc's mission is to provide a comprehensive and holistic educational experience that equips its scholars with the necessary skills, knowledge, and character traits to succeed in their academic journeys and beyond.
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Impact
July, 2024
Bloom Academy Inc's impact is most prominently seen in its dedication to providing public school education to kindergarten through third-grade students. Through a combination of rigor, joy, and character development, Bloom Academy Charter School equips scholars with the skills and mindset needed for success in middle school, high school, and college. The ultimate goal is for these scholars to become leaders who make positive impacts in their communities. Located in Houston, TX, Bloom Academy's mission is centered on preparing young learners to excel academically and personally, setting them on a path towards a bright future filled with opportunities for growth and success.
This information is meant to be a general summary of Bloom Academy 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: $3,511,351
Assets and Liabilities:
- Total Assets: $1,007,625
- Total Liabilities: $367,211
- Net Assets: $640,414
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Organization Details
Founding Year
2017
Phone
(346) 333-1320Principal Officer
Courtney Sales
Main Address
3420 ALMEDA GENOA RD, HOUSTON, TX, 77047
Website
www.bloomacademy.orgNTEE Category
Code: B90 - Education
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