Bloom Roc Inc
Nonprofit profile at a glance
- EIN
- 934146644
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Rochester, NY, USA
- Phone
- 5855401841
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $80,453
- Expenses
- $80,645
- Assets
- $2,068
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- PRECIOUS BROWN (PRESIDENT)
- CHAD ANDERSON (VICE PRESIDENT)
People named in this filing
- PRECIOUS BROWN (PRESIDENT)
- CHAD ANDERSON (VICE PRESIDENT)
- DIGNO CAMINERO (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bloom roc's activities are designed to promote social and economic equity within the cannabis industry. By offering free education, training, technical assistance, and support to underrepresented communities, the program addresses historical disparities and empowers participants to create sustainable businesses. The initiative also fosters community development by providing access to resources and building networks that enhance participants' chances of success in the regulated cannabis market. Through these efforts, bloom roc contributes to broader social and economic goals, aligning with its exempt purpose of fostering equity and sustainability in the industry.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 30
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -0.2%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 32.2%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 134.3% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 124.5% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -8.9% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $81K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- 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.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.