Blanche And Irving Laurie Foundation Inc
Laurie Foundation: Consistent Spending, Declining Assets
EIN: 222489725 · Roseland, NJ · Updated: 2026-04-04
Is Blanche And Irving Laurie Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blanche And Irving Laurie Foundation Inc
Blanche And Irving Laurie Foundation Inc (EIN: 222489725) is a nonprofit organization based in Roseland, NJ. The organization reported total revenue of $11.2M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blanche And Irving Laurie Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blanche And Irving Laurie Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Blanche And Irving Laurie Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as the provided data consistently shows 0% for compensation ('c0%') across all years, suggesting no direct compensation is reported in these summaries.
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 Blanche And Irving Laurie Foundation Inc's IRS 990 filings:
- 100% of reported expenses are consistently categorized as administrative, with 0% for programs and fundraising, which is highly unusual for a nonprofit.
- Total assets have shown a consistent decline from $19,864,284 in 2013 to $17,369,602 in 2023.
- The 'c0%' for compensation across all years raises questions about how executive or key personnel are compensated, if at all, or if these costs are embedded elsewhere.
Strengths
The following positive indicators were identified for Blanche And Irving Laurie Foundation Inc:
- The foundation has a long operational history with consistent annual filings.
- Despite declining assets, the foundation maintains a substantial asset base of over $17 million.
Frequently Asked Questions about Blanche And Irving Laurie Foundation Inc
Is Blanche And Irving Laurie Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blanche And Irving Laurie Foundation Inc (EIN: 222489725) some concerns. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
How does Blanche And Irving Laurie Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Blanche And Irving Laurie Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Blanche And Irving Laurie Foundation Inc tax-deductible?
Blanche And Irving Laurie Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222489725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Blanche And Irving Laurie Foundation Inc do?
Blanche And Irving Laurie Foundation Inc is a nonprofit organization in the Unknown sector, located in Roseland, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Blanche And Irving Laurie Foundation Inc have?
Blanche And Irving Laurie Foundation Inc reported total revenue of $11,244,843. Based on 10 IRS 990 filings on record.
What are Blanche And Irving Laurie Foundation Inc's total assets?
Blanche And Irving Laurie Foundation Inc holds total assets of $18,032,634 as reported in IRS 990 filings.
Where is Blanche And Irving Laurie Foundation Inc located?
Blanche And Irving Laurie Foundation Inc is based in Roseland, New Jersey.
What is Blanche And Irving Laurie Foundation Inc's EIN?
Blanche And Irving Laurie Foundation Inc's Employer Identification Number (EIN) is 222489725. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Blanche And Irving Laurie Foundation Inc?
Blanche And Irving Laurie Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Blanche And Irving Laurie Foundation Inc a registered 501(c)(3)?
Blanche And Irving Laurie Foundation Inc appears in IRS records (EIN: 222489725). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Blanche And Irving Laurie Foundation Inc file IRS Form 990?
Yes, Blanche And Irving Laurie Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Blanche And Irving Laurie Foundation Inc's revenue in 2023?
In the 202309 filing period, Blanche And Irving Laurie Foundation Inc reported total revenue of $4,317,133, total expenses of $4,671,993, and net assets of $17,369,602.
Is Blanche And Irving Laurie Foundation Inc's revenue growing or declining?
Blanche And Irving Laurie Foundation Inc's revenue is declining. Revenue went from $5,799,111 (202209) to $4,317,133 (202309), a -25.6% change. Based on 10 filings on record.
What is Blanche And Irving Laurie Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Blanche And Irving Laurie Foundation Inc covers tax period 202309. It shows revenue of $4,317,133, expenses of $4,671,993, total assets of $17,369,602, and liabilities of $1.
Is Blanche And Irving Laurie Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Blanche And Irving Laurie Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Blanche And Irving Laurie Foundation Inc?
The following concerns were identified: 100% of reported expenses are consistently categorized as administrative, with 0% for programs and fundraising, which is highly unusual for a nonprofit.. Total assets have shown a consistent decline from $19,864,284 in 2013 to $17,369,602 in 2023.. The 'c0%' for compensation across all years raises questions about how executive or key personnel are compensated, if at all, or if these costs are embedded elsewhere.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Blanche And Irving Laurie Foundation Inc's strengths?
Positive indicators for Blanche And Irving Laurie Foundation Inc include: The foundation has a long operational history with consistent annual filings.. Despite declining assets, the foundation maintains a substantial asset base of over $17 million.. These findings are derived from AI analysis of the organization's financial filings.
How does Blanche And Irving Laurie Foundation Inc compensate executives?
Executive compensation cannot be assessed as the provided data consistently shows 0% for compensation ('c0%') across all years, suggesting no direct compensation is reported in these summaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% program spending and 100% administrative spending, what is the actual charitable mechanism or purpose of the Blanche And Irving Laurie Foundation Inc?
The provided data suggests the foundation might operate as a grant-making entity where grants are not categorized as 'program service expenses' in these summaries, or it could be a private foundation primarily managing its endowment with minimal direct charitable activities reported in this format. Further investigation into their grant recipients or specific activities would be necessary.
Filing History
IRS 990 filing history for Blanche And Irving Laurie Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Blanche And Irving Laurie Foundation Inc's revenue has grown by 26.2%, moving from $3.4M to $4.3M. Total assets decreased by 25.3% over the same period, from $23.2M to $17.4M. Total functional expenses rose by 8.5%, from $4.3M to $4.7M. In its most recent filing year (2023), Blanche And Irving Laurie Foundation Inc reported a deficit of $355K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.7M | $17.4M | $1 | — | View 990 |
| 2022 | $5.8M | $4.7M | $17.7M | $1 | — | View 990 |
| 2021 | $6.3M | $4.5M | $16.6M | $1 | — | View 990 |
| 2020 | $4.5M | $4.6M | $14.8M | $1 | — | View 990 |
| 2019 | $4.5M | $4.6M | $15.0M | $0 | — | View 990 |
| 2015 | $3.4M | $4.5M | $17.6M | $0 | — | View 990 |
| 2014 | $3.4M | $4.6M | $18.7M | $0 | — | View 990 |
| 2013 | $2.7M | $4.6M | $19.9M | $0 | — | View 990 |
| 2012 | $2.8M | $4.3M | $21.7M | $0 | — | View 990 |
| 2011 | $3.4M | $4.3M | $23.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.7M, and assets of $17.4M (revenue -25.6% year-over-year).
- 2022: Revenue of $5.8M, expenses of $4.7M, and assets of $17.7M (revenue -7.9% year-over-year).
- 2021: Revenue of $6.3M, expenses of $4.5M, and assets of $16.6M (revenue +41.4% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.6M, and assets of $14.8M (revenue -0.9% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.6M, and assets of $15.0M (revenue +32.0% year-over-year).
- 2015: Revenue of $3.4M, expenses of $4.5M, and assets of $17.6M (revenue -0.7% year-over-year).
- 2014: Revenue of $3.4M, expenses of $4.6M, and assets of $18.7M (revenue +27.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $4.6M, and assets of $19.9M (revenue -3.3% year-over-year).
- 2012: Revenue of $2.8M, expenses of $4.3M, and assets of $21.7M (revenue -18.5% year-over-year).
- 2011: Revenue of $3.4M, expenses of $4.3M, and assets of $23.2M.
Data Sources and Methodology
This transparency report for Blanche And Irving Laurie Foundation Inc 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.