Bloom Our Youth Inc
Nonprofit profile at a glance
- EIN
- 581740987
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Fayetteville, GA, USA
- Phone
- 7704617020
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $6,103,050
- Expenses
- $6,550,076
- Assets
- $3,850,258
- Liabilities
- $296,217
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- BECKY DAVENPORT (PRESIDENT &)
Highest reported compensation
- BECKY DAVENPORT (PRESIDENT &): $155,863 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bloom's mission is to empower Georgia's families and communities to transform the lives of children impacted by foster care.
What it reported doing in 2024
Bloom recruits, trains, and supports a network of foster families and gives them the tools they need to provide exceptional care to the children they take into their homes. Bloom is licensed to serve basic level foster children, as well as foster children with significant therapeutic issues, medically fragile foster children, and pregnant or parenting foster teen girls. To ensure families who join bloom's foster care team have the character and high standards required, bloom performs rigorous background checks, interviews, and home studies. Additionally, bloom provides year- round training through bloom university (bloom u) where foster parents receive the training they need to provide healing for traumatized chlidren. Bloom foster care also provides respite care breaks, support groups, networking opportunities and referrals to community resources. Family consultants maintain low caseloads to ensure personalized attention and a staff member is on-call 24/7 to provide support if a crisis should occur. Bloom celebrates the work of foster parents, and supporting them is crucial to providing positive outcomes for the children in their care.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.8%; rating input score 94
- Program expense ratio: 87.4%; rating input score 87
- Fundraising efficiency: $9.9 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -7.3%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 63; 63rd percentile among comparable filings
- Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 17.3% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 93.8% of revenue deployed · 87.4% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $5.7M in reported program spending
- Leadership: top reported pay $156K · 18 people listed · 0 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.