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Charity Bomb Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824112899 ✦ Bradenton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Charity Bomb Inc?

Charity Bomb Inc is a nonprofit organization based in Bradenton, Florida. Initially, they raised funds through rock concerts and donated to various mental health service organizations. However, in 2020, they transitioned their focus to creating mental health exercise worksheets and programs for children. Their initiatives have supported several mental health causes, such as Give An Hour's awareness initiative, the Sweet Relief Musicians Fund, and The Beat of Life. Charity Bomb has also provided financial assistance to individuals in need, including a local music icon who survived stage 4 Colorectal Cancer. Currently, they are promoting emotional intelligence (EQ) education as a means to enhance children's mental well-being.


Official website here: www.charitybomb.org/

Is Charity Bomb Inc legitimate?

Charity Bomb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charity Bomb 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: $108,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.charitybomb.org/

What is the mission statement of Charity Bomb Inc?

Charity Bomb Inc initially began as a non-profit organization, funding mental health services through rock concerts. However, in 2020, the organization shifted its focus to an in-house initiative, developing mental health exercise worksheets and programs specifically for children, aiming to strengthen their mental well-being as a preventative measure. Additionally, Charity Bomb Inc has supported various mental health organizations and initiatives, such as Give An Hour, Sweet Relief Musician Fund, and MusiCares, contributing financially to their causes. The organization's activities have been instrumental in raising funds to aid individuals in need of mental or physical well-being, as well as supporting programs that promote mental health among musicians and prisoners.


Official website here: www.charitybomb.org/

Who is the CEO of Charity Bomb Inc?

Nathan Leone is the Director of Charity Bomb Inc.


Official website here: www.charitybomb.org/

What is the revenue of Charity Bomb Inc?

Charity Bomb Inc's revenue in 2022 was $291,781.


Official website here: www.charitybomb.org/

Who are the executives of Charity Bomb Inc and what are their salaries?


Here are 3 key members and their salaries:


Matthew Leone (Director)
  • Compensation: $54,669
  • Related: $0
  • Other: $0
Nathan Leone (Director)
  • Compensation: $53,636
  • Related: $0
  • Other: $0
Ryan Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.charitybomb.org/

Where can I find the form 990 for Charity Bomb Inc?

Charity Bomb Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.charitybomb.org/

Learn more at the official website: www.charitybomb.org/

Mission Statement of Charity Bomb Inc

Charity Bomb Inc, initially a non-profit organization, raised funds through rock concerts and donated to various mental health service organizations. However, in 2020, the organization underwent a transformation. It pivoted its focus and initiated its own mission, namely, creating mental health exercise worksheets and programs specifically designed for children. This shift aimed to proactively strengthen the mental well-being of the younger generation as a preventative measure. Charity Bomb Inc continues its pursuit of this mission, providing an abundance of resources to fortify children's mental health.

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Impact




October, 2024

Charity Bomb Inc has made a significant impact on mental health awareness and support through a series of innovative initiatives and fundraising events. Over the years, they have raised substantial funds for various organizations and individuals in need. For instance, the Strange 80's event in Los Angeles generated $60,000 for Give An Hour's mental health initiative, 320 Changes Directions, and another event in the same city raised $40,000 for the Sweet Relief Musician Fund, aiding musicians facing health challenges.

In 2019, the Strange 90s in Chicago played a pivotal role in subsidizing treatment for local music icon Jerry Bryant, facilitating his recovery from stage 4 colorectal cancer. Moreover, the Nashville edition of the Strange 90s benefited The Beat of Life, promoting mental well-being among prisoners and students through songwriting and music.

Charity Bomb has also embraced the challenge of supporting mental health through educational initiatives. By creating mental health exercise worksheets and programs tailored for children, they are proactively addressing emotional well-being and ensuring that younger generations have the resources they need to navigate mental health challenges.

They further extended their reach with the 2022 Strange 90s When We Were Young Fest Sideshow in Las Vegas, which raised $8,926 for MusiCares, a safety net for music industry professionals in need. As Charity Bomb continues to innovate and provide resources focused on emotional intelligence education, its commitment to fortifying mental well-being remains at the forefront of its mission.




This information is meant to be a general summary of Charity Bomb 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.

Revenue
$291,781 (2022)
Expenses
$444,804 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $62,846
  • Gross Receipts: $440,435

Assets and Liabilities:

  • Total Assets: $14,293
  • Total Liabilities: $381,497
  • Net Assets: -$367,204

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Auction Proceeds

Revenue

$28,493

Concert Revenue

Revenue

$34,353

Organization Details

Founding Year

2018

Principal Officer

Nathan Leone

Main Address

15752 Seaton Place, Bradenton, FL, 34202

NTEE Category

Code: P20 - Human services

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