Betty And Leo Blazok Foundation
EIN: 464320929 · Romulus, MI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $337K |
| Net Assets | $3.7M |
Is Betty And Leo Blazok Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Betty And Leo Blazok Foundation
Betty And Leo Blazok Foundation (EIN: 464320929) is a nonprofit organization based in Romulus, MI, classified under NTEE code T20. The organization reported total revenue of $1.5M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Betty And Leo Blazok Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Betty And Leo Blazok Foundation is a mid-size nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 271.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $337K |
| Surplus / Deficit | $-200,567 |
| Total Assets | $3.7M |
| Total Liabilities | $1 |
| Net Assets | $3.7M |
| Operating Margin | -147.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 130.3 months |
Financial Health Grade: B
In 2022, Betty And Leo Blazok Foundation reported a deficit of $201K with expenses exceeding revenue, holds 130.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2013–2022), Betty And Leo Blazok Foundation's revenue has grown at a compound annual growth rate (CAGR) of 271.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -63.8% | -8.9% | -5.2% |
| 2021 | +202.3% | +198.4% | +0.1% |
| 2020 | -93.5% | +48.8% | -2.2% |
| 2019 | +190783500.0% | — | +393552100.0% |
| 2014 | +0.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Betty And Leo Blazok Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Betty And Leo Blazok Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $201K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Betty And Leo Blazok Foundation
Is Betty And Leo Blazok Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Betty And Leo Blazok Foundation (EIN: 464320929) insufficient data. 0 red flags identified, 0 strengths noted.
How does Betty And Leo Blazok Foundation spend its money?
Detailed spending breakdown data is not yet available for Betty And Leo Blazok Foundation. Check back for updated IRS 990 analysis.
Are donations to Betty And Leo Blazok Foundation tax-deductible?
Betty And Leo Blazok Foundation is registered as a tax-exempt nonprofit (EIN: 464320929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Betty And Leo Blazok Foundation located?
Betty And Leo Blazok Foundation is headquartered in Romulus, Michigan and files with the IRS under EIN 464320929. It is classified under NTEE code T20.
How many years of IRS 990 filings does Betty And Leo Blazok Foundation have?
Betty And Leo Blazok Foundation has 6 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Betty And Leo Blazok Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2022), Betty And Leo Blazok Foundation's revenue has grown by 13596100%, moving from $1 to $136K. Total assets increased by 365511200% over the same period, from $1 to $3.7M. In its most recent filing year (2022), Betty And Leo Blazok Foundation reported a deficit of $201K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $136K | $337K | $3.7M | $1 | — | View 990 |
| 2021 | $375K | $370K | $3.9M | $1 | — | — |
| 2020 | $124K | $124K | $3.9M | $1 | — | — |
| 2019 | $1.9M | $83K | $3.9M | $1 | — | View 990 |
| 2014 | $1 | $0 | $1 | $1 | — | View 990 |
| 2013 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $136K, expenses of $337K, and assets of $3.7M (revenue -63.8% year-over-year).
- 2021: Revenue of $375K, expenses of $370K, and assets of $3.9M (revenue +202.3% year-over-year).
- 2020: Revenue of $124K, expenses of $124K, and assets of $3.9M (revenue -93.5% year-over-year).
- 2019: Revenue of $1.9M, expenses of $83K, and assets of $3.9M (revenue +190783500.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Betty And Leo Blazok Foundation:
Data Sources and Methodology
This transparency report for Betty And Leo Blazok Foundation 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.