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Nonprofit · EIN 20-7539169

BLOOM FOUNDATION

Also known as KATHLEEN PARSONS TTEE

Tax-exempt · POTOMAC, MD 20854

Financials

$161K$174K2023$335K$413K2024$483K$65K2025
Revenue Expenses · by fiscal year end
Financials of BLOOM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$482,891$65,002$417,889$1,882,913$1,963$1,880,950
December 31, 2024990-PF$335,016$413,372-$78,356$1,482,619$0$1,482,619
December 31, 2023990-PF$160,634$173,525-$12,891$1,557,281$0$1,557,281
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$65,323
Interest
$76
Net gain from sales of assets
$417,421
Other income
$71

Expenses

Grants and similar amounts paid
$31,000
Disbursements for charitable purposes
$31,491
Excise tax on investment income
$458

Balance sheet and other

Total assets, start of year
$1,482,619
Total assets, end of year
$1,882,913
Total liabilities, end of year
$1,963
Net assets, end of year
$1,880,950
Fair market value of assets
$3,067,420
Qualifying distributions
$31,491
Net investment income
$65,888

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KATHLEEN R PARSONS
11009 STANMORE DRIVE, 11009 STANMORE DRIVE, POTOMAC, MD 20854
TRUSTEE2$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
KATHLEEN R PARSONS
11009 STANMORE DRIVE, 11009 STANMORE DRIVE, POTOMAC, MD 20854
TRUSTEE2$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
KATHLEEN R PARSONS
11009 STANMORE DRIVE, 11009 STANMORE DRIVE, POTOMAC, MD 20854
TRUSTEE2$0

Address and contacts

Address (IRS master file)
11009 STANMORE DR, POTOMAC, MD 20854-1526
Signed the 990-PF
KATHLEEN R PARSONS, TRUSTEE
Phone
(301) 299-5491
Return prepared by
MENDELSON & MENDELSON CPA'S

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-7539169
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,882,913
Income (IRS master file)
$1,223,120

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$482,891$65,002$1,882,913XML
990-PFDecember 2024$335,016$413,372$1,482,619IRS
990-PFDecember 2023$160,634$173,525$1,557,281XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-7539169).

Questions about BLOOM FOUNDATION

What is the EIN of BLOOM FOUNDATION?
The employer identification number (EIN) of BLOOM FOUNDATION is 20-7539169.
Is BLOOM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to BLOOM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BLOOM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BLOOM FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLOOM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of BLOOM FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does BLOOM FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $482,891, expenses of $65,002 and total assets of $1,882,913 at year end.

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