1650 Blhc Services Corp

1650 Blhc Services Corp shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 202031443 · Bronx, NY · NTEE: L21 · Updated: 2026-03-28

$2.1MRevenue
$8.4MAssets
85/100Mission Score (Excellent)
L21
1650 Blhc Services Corp Financial Summary
MetricValue
Total Revenue$2.1M
Total Expenses$3.0M
Program Spending80%
CEO/Top Officer Pay$4
Net Assets$8.0M
Transparency Score85/100

Is 1650 Blhc Services Corp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

1650 Blhc Services Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About 1650 Blhc Services Corp

1650 Blhc Services Corp (EIN: 202031443) is a nonprofit organization based in Bronx, NY, classified under NTEE code L21. The organization reported total revenue of $2.1M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1650 Blhc Services Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

1650 Blhc Services Corp is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.5M
Total Expenses$3.0M
Surplus / Deficit+$1.5M
Total Assets$25.6M
Total Liabilities$17.6M
Net Assets$8.0M
Operating Margin33.1%
Debt-to-Asset Ratio68.8%
Months of Reserves102.4 months

Financial Health Grade: A

In 2023, 1650 Blhc Services Corp reported a surplus of $1.5M with revenue exceeding expenses, holds 102.4 months of operating reserves (strong position), has a debt-to-asset ratio of 68.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), 1650 Blhc Services Corp's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+28.6%+2.0%+4.8%
2022+1.4%+5.2%+0.9%
2021-1.4%+3.8%+1.6%
2020-1.8%-6.3%+2.2%
2019+0.3%+3.1%+1.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

1650 Blhc Services Corp demonstrates consistent financial growth and strong asset accumulation over the past decade. In the latest filing (202312), the organization reported revenue of $4,485,993 against expenses of $3,001,820, indicating a healthy surplus. Total assets have steadily increased from $21,527,622 in 2014 to $25,621,935 in 2023, while liabilities have also grown, though at a slower pace, suggesting ongoing investment or operational expansion. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. The organization appears to be financially stable, consistently generating more revenue than expenses, which allows for asset growth. The absence of reported officer compensation is a strong positive for transparency and efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The NTEE code L21 (Housing Development, Construction & Management) suggests a capital-intensive mission, which aligns with the substantial asset base and liabilities. Further insight into the allocation of the $3,001,820 in expenses for 2023 would provide a clearer picture of program effectiveness.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates 1650 Blhc Services Corp with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, 1650 Blhc Services Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$4.5MTotal Revenue
$3.0MTotal Expenses
$25.6MTotal Assets
$17.6MTotal Liabilities
$8.0MNet Assets
  • The organization reported a surplus of $1.5M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 68.8%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with over $4 million in revenue and $25 million in assets, suggesting either a volunteer leadership structure or compensation is handled by a related entity, which would require further investigation for complete transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of 1650 Blhc Services Corp's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
  • Consistent 0% officer compensation for an organization of this size and revenue could indicate compensation is paid by a related entity, potentially obscuring the full picture of executive remuneration.

Strengths

The following positive indicators were identified for 1650 Blhc Services Corp:

  • Consistent revenue growth, increasing from $2.5M in 2014 to $4.4M in 2023.
  • Strong asset accumulation, growing from $21.5M in 2014 to $25.6M in 2023.
  • Consistent financial surplus, with revenue exceeding expenses in most reported periods.
  • No reported officer compensation, indicating a strong commitment to directing funds to the mission or a volunteer leadership model.

Frequently Asked Questions about 1650 Blhc Services Corp

Is 1650 Blhc Services Corp a legitimate charity?

1650 Blhc Services Corp (EIN: 202031443) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does 1650 Blhc Services Corp spend its money?

1650 Blhc Services Corp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to 1650 Blhc Services Corp tax-deductible?

1650 Blhc Services Corp is registered as a tax-exempt nonprofit (EIN: 202031443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the 1650 Blhc Services Corp CEO make?

1650 Blhc Services Corp's highest-compensated officer earns $4 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of 1650 Blhc Services Corp's spending goes to programs?

1650 Blhc Services Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does 1650 Blhc Services Corp compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), 1650 Blhc Services Corp is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is 1650 Blhc Services Corp located?

1650 Blhc Services Corp is headquartered in Bronx, New York and files with the IRS under EIN 202031443. It is classified under NTEE code L21.

How many years of IRS 990 filings does 1650 Blhc Services Corp have?

1650 Blhc Services Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.1M in total revenue.

Is 1650 Blhc Services Corp a good charity?

Based on the available data, 1650 Blhc Services Corp appears to be a financially stable organization with consistent revenue growth and significant asset accumulation. The lack of reported officer compensation is a strong positive for efficiency and mission focus. However, without a detailed breakdown of program spending, a definitive assessment of 'goodness' is limited, as we cannot fully evaluate how effectively their expenses translate into direct program impact.

How does 1650 Blhc Services Corp manage its executive compensation?

The IRS 990 filings consistently report 0% officer compensation for 1650 Blhc Services Corp. This suggests that either the organization operates with entirely volunteer leadership, or executive compensation is paid by a related entity, which is not uncommon for organizations within a larger group structure. Further investigation into their organizational structure would be needed to fully understand this aspect.

What is the trend in 1650 Blhc Services Corp's financial health?

1650 Blhc Services Corp demonstrates a positive financial trend. Revenue has grown from $2,519,128 in 2014 to $4,485,993 in 2023, and assets have increased from $21,527,622 to $25,621,935 over the same period. The organization consistently generates a surplus, indicating strong financial management and sustainability.

Filing History

IRS 990 filing history for 1650 Blhc Services Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), 1650 Blhc Services Corp's revenue has grown by 150.6%, moving from $1.8M to $4.5M. Total assets increased by 319.7% over the same period, from $6.1M to $25.6M. Total functional expenses rose by 71.1%, from $1.8M to $3.0M. In its most recent filing year (2023), 1650 Blhc Services Corp reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $17.6M in liabilities against $25.6M in assets (debt-to-asset ratio: 68.8%), resulting in net assets of $8.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.5M $3.0M $25.6M $17.6M
2022 $3.5M $2.9M $24.5M $17.9M View 990
2021 $3.4M $2.8M $24.2M $18.3M View 990
2020 $3.5M $2.7M $23.9M $18.5M View 990
2019 $3.6M $2.9M $23.3M $18.8M View 990
2018 $3.5M $2.8M $22.9M $19.1M View 990
2017 $3.6M $2.7M $22.4M $19.3M View 990
2016 $3.7M $2.8M $21.7M $19.5M View 990
2015 $3.3M $2.8M $21.8M $20.6M View 990
2014 $2.5M $2.9M $21.5M $20.8M View 990
2013 $1.9M $1.9M $22.3M $21.2M View 990
2012 $1.8M $1.7M $6.0M $4.8M View 990
2011 $1.8M $1.8M $6.1M $5.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.5M, expenses of $3.0M, and assets of $25.6M (revenue +28.6% year-over-year).
  • 2022: Revenue of $3.5M, expenses of $2.9M, and assets of $24.5M (revenue +1.4% year-over-year).
  • 2021: Revenue of $3.4M, expenses of $2.8M, and assets of $24.2M (revenue -1.4% year-over-year).
  • 2020: Revenue of $3.5M, expenses of $2.7M, and assets of $23.9M (revenue -1.8% year-over-year).
  • 2019: Revenue of $3.6M, expenses of $2.9M, and assets of $23.3M (revenue +0.3% year-over-year).
  • 2018: Revenue of $3.5M, expenses of $2.8M, and assets of $22.9M (revenue -2.1% year-over-year).
  • 2017: Revenue of $3.6M, expenses of $2.7M, and assets of $22.4M (revenue -3.2% year-over-year).
  • 2016: Revenue of $3.7M, expenses of $2.8M, and assets of $21.7M (revenue +14.3% year-over-year).
  • 2015: Revenue of $3.3M, expenses of $2.8M, and assets of $21.8M (revenue +29.9% year-over-year).
  • 2014: Revenue of $2.5M, expenses of $2.9M, and assets of $21.5M (revenue +34.3% year-over-year).
  • 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $22.3M (revenue +1.6% year-over-year).
  • 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $6.0M (revenue +3.2% year-over-year).
  • 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $6.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for 1650 Blhc Services Corp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for 1650 Blhc Services Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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