BLOOMAGAINBKLYN INC

EIN: 300872187 501(c)(3) Human Services

BROOKLYN, NY

Total Revenue
$449,786
Total Expenses
$375,321
Total Assets
$367,032
Net Assets
$350,763
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
CAROLINE ANDERSON
Phone
9175333183
Tax Period
2024-01-01 to 2024-12-31

BLOOMAGAINBKLYN INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $450K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 17% operating margin.

Mission

BLOMAGAINBKLYN REPURPOSES DONATED FLOWERS FROM LOCAL SUPERMARKETS, FLORISTS, WEDDINGS, CORPORATE EVENTS AND OTHER SOURCES AND UPCYCLES THESE FLOWERS INTO ARRANGEMENTS THAT ARE DELIVERED TO THOSE IN NEED AMONG BROOKLYN'S MOST VULNERABLE POPULATIONS TO HELP BREAK ISOLATION.

Program Service Accomplishments

Program 1
Expenses: $275,406

THREE TO FOUR TIMES A WEEK, BLOMAGAINBKLYN REPURPOSES DONATED FLOWERS FROM LOCAL SUPERMARKETS,FLORISTS, WEDDINGS, CORPORATE EVENTS AND OTHER SOURCES AND UPCYCLES THESE FLOWERS INTO ARRANGEMENTS THAT...

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THREE TO FOUR TIMES A WEEK, BLOMAGAINBKLYN REPURPOSES DONATED FLOWERS FROM LOCAL SUPERMARKETS,FLORISTS, WEDDINGS, CORPORATE EVENTS AND OTHER SOURCES AND UPCYCLES THESE FLOWERS INTO ARRANGEMENTS THAT ARE DELIVERED TO THOSE IN NEED AMONG BROOKLYN'S MOST VULNERABLE POPULATIONS TO HELP BREAK ISOLATION AND LONELINESS. THESE INCLUDE HOMEBOUND SENIOS, NURSING HOME RESIDENTS, SENIORS, TRAUMA AND HOMELESS SURVIVORS, NEW IMMIGRANTS, HEALTHCARE WORKERS, FRONTLINERS AND OTHERS. FLOWER ARRANGEMENTS ARE DELIVERED TO OVER 1,200 RECIPIENTS EACH MONTH. BLOOMAGAIN BROOKLYN ALSO PARTNERS WITH LOCAL SOCIAL SERVICE AGENCIES, EDUCATIONAL INSTITUIONS, SCHOOLS AND HOUSES OF WORSHIP WHERE VOLUNTEERS LEARN HOW TO CUT, CLEAN AND ARRANGE FLOWERS. THIS IS DONE ON A VOLUNTEER BASIS AND THROUGH WORKSHOPS WHICH TAKES PLACE MULTIPLE TIMES A WEEK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $333,750
Program Service Revenue $104,043
Investment Income $11,993
Other Revenue $0
TOTAL REVENUE $449,786

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $80,125
Program Expenses $275,406
Other Expenses $375,321
TOTAL EXPENSES $375,321

Year-over-Year Comparison

2024 2023 Change
Revenue $449,786 $366,411 +0.2%
Expenses $375,321 $242,584 +0.5%
Net Income $74,465 $123,827 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLINE ANDERSON PRESIDENT N/A
Officer Director
$0 $0 $0
RICHARD ANDERSON TREASURER N/A
Officer Director
$0 $0 $0
JUDY KEEFER VICE PRESIDE N/A
Officer Director
$0 $0 $0
DONNA WHITEFORD SECRETARY N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $449,786 $375,321 $367,032 $74,465
2023 $366,411 $242,584 $290,773 $123,827
2022 $207,201 $185,047 $146,186 $22,154
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