Skip to main content

Nonprofit · EIN 45-2851834

PROJECT BLOOM

Tax-exempt · PORTLAND, OR 97204

Financials

$32K$270K2022$41K$271K2023$33K$195K2024$30K$269K2025
Revenue Expenses · by fiscal year end
Financials of PROJECT BLOOM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$30,000$268,651-$238,651$3,240,998$2,348$3,238,650
December 31, 2024990-PF$32,500$194,887-$162,387$3,477,301$0$3,477,301
December 31, 2023990-PF (amended)$40,500$270,860-$230,360$3,639,688$96$3,639,592
December 31, 2022990-PF (amended)$32,000$269,588-$237,588$3,860,619$5,900$3,854,719
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$30,000

Expenses

Grants and similar amounts paid
$128,315
Compensation of officers, directors and key employees
$63,298
Disbursements for charitable purposes
$128,315

Balance sheet and other

Total assets, start of year
$3,477,301
Total assets, end of year
$3,240,998
Total liabilities, end of year
$2,348
Net assets, end of year
$3,238,650
Fair market value of assets
$3,736,095
Qualifying distributions
$128,315

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
LAURA MICHELLE MURPHY
1300 SW 5TH AVE STE 2400, PORTLAND, OR 97201
TREASURER AND SECRETARY10$63,298
JOHN WILLIAM SPENCER
1300 SW 5TH AVE STE 2400, PORTLAND, OR 97201
PRESIDENT0$0
BRUCE FRYDENLUND
1300 SW 5TH AVE STE 2400, PORTLAND, OR 97201
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
LAURA MICHELLE MURPHY
1300 SW 5TH AVE STE 2400, PORTLAND, OR 97201
TREASURER AND SECRETARY10$63,298
JOHN WILLIAM SPENCER
1300 SW 5TH AVE STE 2400, PORTLAND, OR 97201
PRESIDENT0$0
BRUCE FRYDENLUND
1300 SW 5TH AVE STE 2400, PORTLAND, OR 97201
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
LAURA MICHELLE MURPHY
1300 SW 5TH AVE SUITE 2400, PORTLAND, OR 97201
TREASURER AND SECRETARY10$63,298
JOHN WILLIAM SPENCER
1300 SW 5TH AVE SUITE 2400, PORTLAND, OR 97201
PRESIDENT0$0
BRUCE FRYDENLUND
1300 SW 5TH AVE SUITE 2400, PORTLAND, OR 97201
DIRECTOR0$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
JOHN WILLIAM SPENCER
1300 SW 5TH AVE SUITE 2400, PORTLAND, OR 97201
PRESIDENT0$0
LAURA MICHELLE MURPHY
1300 SW 5TH AVE SUITE 2400, PORTLAND, OR 97201
TREASURER AND SECRETARY0$0
BRUCE FRYDENLUND
1300 SW 5TH AVE SUITE 2400, PORTLAND, OR 97201
DIRECTOR0$0

Address and contacts

Address (IRS master file)
888 SW 5TH AVE STE 1600, PORTLAND, OR 97204-2030
In care of
% LAURA SPENCER
Signed the 990-PF
LAURA MURPHY, TREASURER/SECRETARY
Phone
(503) 968-8152
Return prepared by
THE MICHAEL L LARSON COMPANY PC

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
45-2851834
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
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,240,998
Income (IRS master file)
$30,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$30,000$268,651$3,240,998IRS
990-PFDecember 2024$32,500$194,887$3,477,301XML
990-PFDecember 2023$40,500$270,860$3,639,688XML
990-PFDecember 2022$32,000$269,588$3,860,619XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 45-2851834).

Questions about PROJECT BLOOM

What is the EIN of PROJECT BLOOM?
The employer identification number (EIN) of PROJECT BLOOM is 45-2851834.
Is PROJECT BLOOM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to PROJECT BLOOM tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PROJECT BLOOM file?
Form 990-PF. Private foundations file every year.
When is the next return of PROJECT BLOOM 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 PROJECT BLOOM 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 PROJECT BLOOM?
The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $63,298 (LAURA MICHELLE MURPHY, TREASURER AND SECRETARY).
How much revenue does PROJECT BLOOM have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $30,000, expenses of $268,651 and total assets of $3,240,998 at year end.

Other nonprofits in PORTLAND

All nonprofits in PORTLAND · Oregon · Housing and shelter