BLOOM NETWORK

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

RACHEL STEINBEISSER

Phone

8083656161

Tax Period

2023-01-01 to 2023-12-31

BLOOM NETWORK, founded in 2016, is a micro nonprofit in the Education sector that reported $28K in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $26K left a modest 8% surplus.

Mission

COORDINATE AND SUPPORT A GLOBAL NETWORK OF GROUPS THAT PROVIDE PUBLIC EDUCATION IN AREAS INCLUDING, BUT NOT LIMITED TO, SUSTAINABILITY, THE ARTS, ECOLOGICAL RESTORATION, HEALTH, SCIENCE, LOCAL ECONOMY AND BUSINESS.

Program Service Accomplishments

Program 1

Expenses: $17,259

SUPPORT LOCAL BLOOM CHAPTERS THROUGHOUT THE WORLD TO HELP PEOPLE FIND AND PARTICIPATE IN GRASSROOTS CLIMATE AND SOCIAL REPAIR WHERE THEY LIVE.

Program 2

EDUCATIONAL CONFERENCES REGARDING REGENERATIVE ACTIONS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,343

Program Service Revenue $0

Investment Income $-157

Other Revenue $276

TOTAL REVENUE $28,462

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,259

Other Expenses $26,154

TOTAL EXPENSES $26,154

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,462	$103,450	-0.7%
Expenses	$26,154	$124,119	-0.8%
Net Income	$2,308	$-20,669	-1.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANA MCLAUGHLIN	TREASURER	N/A	Officer Director	$0	$0	$0
MEGAN RIVERS	SECRETARY	2.00	Director	$0	$0	$0
RACHEL STEINBEISSER	EXECUTIVE DI	40.00	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
2024	No data	No data	No data	No data
2023	$28,462	$26,154	$3,258	$2,308
2022	$103,450	$124,119	$950	$-20,669