2021-05-17T18:12:23-05:00 2020-06-30 815081933 PAUL J CHRISTENSEN & ASSOCIATES LLC 2110 AUSTIN AVE WACO TX 76701 990 2019-07-01 823153661 BLOOM ACADEMY INC BLOO 3463331320 3129 SOUTHMORE BLVD HOUSTON TX 77004 HOMER BRITTON BOARD VICE CHAIR 3463331320 2020-11-11 true PAUL J CHRISTENSEN CPA P01370407 2547523436 2021-05-17 X 2019 2022-09-23 18:48:47Z HOMER BRITTON 3129 SOUTHMORE BLVD HOUSTON TX 77004 910963 false X WWW.BLOOMACADEMY.ORG X 2017 TX PUBLIC SCHOOL EDUCATION, KINDERGARTEN THROUGH 5TH GRADE. 9 9 10 0 395032 907944 0 0 3019 395032 910963 0 0 124738 343709 0 1415 45078 574497 169816 918206 225216 -7243 228451 346557 3235 128584 225216 217973 X THROUGH RIGOR, JOY, AND CHARACTER DEVELOPMENT, BLOOM ACADEMY CHARTER SCHOOL PREPARES ALL KINDERGARTEN THROUGH FIFTH GRADE SCHOLARS FOR SUCCESS IN MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE, AND TO LEAD LIVES OF POSITIVE IMPACT IN THEIR COMMUNITIES. false false 567473 910963 THROUGH RIGOR, JOY, AND CHARACTER DEVELOPMENT, BLOOM ACADEMY CHARTER SCHOOL PREPARES ALL KINDEGARTEN THROUGH FIFTH GRADE SCHOLARS FOR SUCCESS IN MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE, AND TO LEAD LIVES OF POSITIVE IMPACT IN THIER COMMUNITIES. 567473 true false false false false false false false false false true false false false true true true false true false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 5 0 false 10 false false false false false false false false false X 9 9 false false false false false false false true true false false true false false false false false false COURTNEY SALES 3463331320 3129 SOUTHMORE BLVD HOUSTON TX 77004 X HOMER BRITTON BOARD VICE C 2.00 X 0 0 0 SARAH IBRAHIM BOARD SECRET 2.00 X 0 0 0 REBECCA LEE BOARD TREASU 2.00 X 0 0 0 EDITH RAHIMAN BOARD MEMBER 2.00 X 0 0 0 KRISTEN GUISEPPI BOARD MEMBER 2.00 X 0 0 0 BETSY BLANKS BOARD MEMBER 2.00 X 0 0 0 SHARON STEWART BOARD MEMBER 2.00 X 0 0 0 ALISON HAROLD SECRETARY 2.00 X 0 0 0 COURTNEY SALES HEAD OF SCHO 40.00 X 103869 0 0 LAYI ALI-AJIBODE TREASURER X 0 0 0 103869 1 false false false 907944 907944 907944 OTHER REVENUES 2929 2929 LOCAL FOOD SERVICE 90 90 3019 910963 3019 X 302173 256922 45251 30254 25964 4290 11282 10626 656 38989 38989 153152 103535 49617 129885 129885 723 325 398 258 258 4655 4655 6727 6727 SUPPLIES 146353 90145 54793 1415 TEXTBOOKS 51030 51030 FOOD 24271 24271 MAINTENANCE & REPSIRS 10197 10197 8257 8257 918206 567473 349318 1415 177273 174353 43009 8169 104939 59760 4655 55105 12160 228451 346557 3235 29179 42024 50000 7381 3235 128584 X 225216 42970 175003 225216 217973 228451 346557 -7243 X false true X true false X 395032 907944 1302976 395032 907944 1302976 1302976 3019 3019 1305995 3019 0.99770 1.00000 X 54728 3649 51079 5032 1006 4026 55105 ECONOMIC INJURY DISASTER LOAN 5000 OTHER LIABILITIES 2381 7381 X 910963 910963 910963 918206 918206 918206 SCHEDULE D, PAGE 3, PART X PART X - FIN 48 FOOTNOTE PART X - UNCERTAIN TAX POSITIONS UNDER ASC 740 FOOTNOTE: BLOOM ACADEMY, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2020. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE RECOGNITION IN THE SCHOOL'S FINANCIAL STATEMENTS THE FINANCIAL EFFECTS OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. TAX POSITIONS TAKEN RELATED TO BLOOM ACADEMY, INC.'S TAX EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, BLOOM ACADEMY, INC. HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. FOR THE TAX YEAR ENDED JUNE 30, 2020, THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2020, THE TAX YEARS 2017 THROUGH 2019 REMAIN SUBJECT TO EXAMINATION. true true true true true true true false false false false false false false false false false true X 1 907944 false false false FORM 990 - ORGANIZATION'S MISSION THROUGH RIGOR, JOY, AND CHARACTER DEVELOPMENT, BLOOM ACADEMY CHARTER SCHOOL PREPARES ALL KINDERGARTEN THROUGH FIFTH GRADE SCHOLARS FOR SUCCESS IN MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE, AND TO LEAD LIVES OF POSITIVE IMPACT IN THEIR COMMUNITIES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY MEMBERS OF MANAGEMENT PRIOR TO THE FILING OF THE INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW AT A REGULAR SCHEDULED MEETING. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MISC. CONTRACTED SERVICES 103,535 49,617 0