BLOSSOM CHARITABLE FOUNDATION INC (EIN 863139841) - Form 990 Financial Analysis & Trantor Score

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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

2021

Principal Officer

ROGER A INGLEY JR

Phone

8636767981

Tax Period

2023-01-01 to 2023-12-31

BLOSSOM CHARITABLE FOUNDATION INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $553K in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum.

Mission

THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED IS TO NURTURE THE CULTURE OF LAKE WALES BY PRESENTING A SPECTACULAR GATHERING OF MUSICIANS AND PERFORMERS THAT LEADS TO A GREATER AWARENESS AND SUPPORTS LAKE WALES ARTS AND RECREATION PROGRAMMING THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS THAT QUALIFY AS AN EXEMPT ORGANIZATION UNDER 501 (C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

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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 $109,024

Program Service Revenue $444,276

Investment Income $0

Other Revenue $0

TOTAL REVENUE $553,300

Expense Breakdown

Grants Paid $11,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $572,160

Other Expenses $577,769

TOTAL EXPENSES $588,769

Year-over-Year Comparison

	2023	2022	Change
Revenue	$553,300	$268,585	+1.1%
Expenses	$588,769	$333,683	+0.8%
Net Income	$-35,469	$-65,098	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLIE W COSCE	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
JOHN REID HARDMAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ROGER A INGLEY JR	PRESIDENT	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
2024	No data	No data	No data	No data
2023	$553,300	$588,769	$135,970	$-35,469
2022	$268,585	$333,683	$83,948	$-65,098
2021	$323,928	$307,501	$87,819	$16,427

BLOSSOM CHARITABLE FOUNDATION INC