Blanchet Catholic School Foundation
Blanchet Catholic School Foundation consistently spends more than it earns, drawing down assets while maintaining zero officer compensation.
EIN: 202789741 · Salem, OR · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $117K |
| Program Spending | 85% |
| Net Assets | $854K |
| Transparency Score | 75/100 |
Is Blanchet Catholic School Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blanchet Catholic School Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blanchet Catholic School Foundation
Blanchet Catholic School Foundation (EIN: 202789741) is a nonprofit organization based in Salem, OR, classified under NTEE code B112. The organization reported total revenue of $192K and total assets of $780K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blanchet Catholic School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blanchet Catholic School Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $117K |
| Surplus / Deficit | $-50,311 |
| Total Assets | $854K |
| Net Assets | $854K |
| Operating Margin | -75.8% |
| Months of Reserves | 87.9 months |
Financial Health Grade: B
In 2023, Blanchet Catholic School Foundation reported a deficit of $50K with expenses exceeding revenue, holds 87.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Blanchet Catholic School Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.2% | +0.1% | -0.4% |
| 2022 | -30.8% | +1.4% | -16.7% |
| 2021 | -5.3% | +0.1% | +2.0% |
| 2020 | +96.5% | -8.1% | +6.4% |
| 2019 | +0.3% | -20.1% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blanchet Catholic School Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Blanchet Catholic School Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated by an affiliated entity, which is highly efficient for a foundation of its size.
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 Blanchet Catholic School Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade (from $1,324,165 in 2014 to $854,049 in 2023).
- Expenses frequently exceed revenue, indicating a reliance on drawing down reserves rather than operating solely on current income (e.g., 2023: Revenue $66,336, Expenses $116,647).
Strengths
The following positive indicators were identified for Blanchet Catholic School Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Maintains zero or minimal liabilities, demonstrating strong financial management and low debt risk.
- Consistent IRS 990 filing history (13 filings) indicates strong transparency and compliance.
- Stable expense levels suggest predictable operational costs.
Frequently Asked Questions about Blanchet Catholic School Foundation
Is Blanchet Catholic School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Blanchet Catholic School Foundation (EIN: 202789741) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Blanchet Catholic School Foundation spend its money?
Blanchet Catholic School Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blanchet Catholic School Foundation tax-deductible?
Blanchet Catholic School Foundation is registered as a tax-exempt nonprofit (EIN: 202789741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blanchet Catholic School Foundation's spending goes to programs?
Blanchet Catholic School Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blanchet Catholic School Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Blanchet Catholic School Foundation is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blanchet Catholic School Foundation located?
Blanchet Catholic School Foundation is headquartered in Salem, Oregon and files with the IRS under EIN 202789741. It is classified under NTEE code B112.
How many years of IRS 990 filings does Blanchet Catholic School Foundation have?
Blanchet Catholic School Foundation 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 $192K in total revenue.
Is Blanchet Catholic School Foundation financially sustainable?
The foundation's financial sustainability is questionable given that expenses have consistently exceeded revenue in recent years (e.g., $116,647 expenses vs. $66,336 revenue in 2023), leading to a steady decline in assets from $1,324,165 in 2014 to $854,049 in 2023. This trend suggests reliance on drawing down reserves.
How does the foundation ensure its funds are used efficiently?
The foundation demonstrates efficiency through its 0% officer compensation, meaning no funds are spent on executive salaries. This indicates that resources are directly channeled towards its mission, likely supporting Blanchet Catholic School.
What is the primary source of the foundation's revenue?
While specific revenue sources are not detailed in the provided data, the fluctuating revenue figures (e.g., $11,079 in 2016 vs. $149,094 in 2020) suggest a reliance on donations, investment income, or specific fundraising campaigns rather than a consistent, large endowment payout.
Why are the assets declining?
Assets are declining because the foundation's annual expenses have frequently surpassed its annual revenue. For example, in 2023, expenses were $116,647 while revenue was only $66,336, resulting in a deficit that was covered by drawing from the foundation's asset base.
Filing History
IRS 990 filing history for Blanchet Catholic School Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blanchet Catholic School Foundation's revenue has grown by 293%, moving from $17K to $66K. Total assets increased by 254.6% over the same period, from $241K to $854K. Total functional expenses rose by 1566.4%, from $7K to $117K. In its most recent filing year (2023), Blanchet Catholic School Foundation reported a deficit of $50K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $117K | $854K | $0 | — | — |
| 2022 | $98K | $117K | $858K | $0 | — | View 990 |
| 2021 | $141K | $115K | $1.0M | $10 | — | View 990 |
| 2020 | $149K | $115K | $1.0M | $10 | — | — |
| 2019 | $76K | $125K | $949K | $10 | — | View 990 |
| 2018 | $76K | $156K | $939K | $10 | — | View 990 |
| 2017 | $72K | $149K | $1.1M | $10 | — | View 990 |
| 2016 | $11K | $125K | $1.1M | $10 | — | View 990 |
| 2015 | $60K | $132K | $1.2M | $0 | — | View 990 |
| 2014 | $29K | $139K | $1.3M | $0 | — | View 990 |
| 2013 | $9K | $144K | $1.2M | $0 | — | View 990 |
| 2012 | $1.1M | $10K | $1.3M | $0 | — | View 990 |
| 2011 | $17K | $7K | $241K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $117K, and assets of $854K (revenue -32.2% year-over-year).
- 2022: Revenue of $98K, expenses of $117K, and assets of $858K (revenue -30.8% year-over-year).
- 2021: Revenue of $141K, expenses of $115K, and assets of $1.0M (revenue -5.3% year-over-year).
- 2020: Revenue of $149K, expenses of $115K, and assets of $1.0M (revenue +96.5% year-over-year).
- 2019: Revenue of $76K, expenses of $125K, and assets of $949K (revenue +0.3% year-over-year).
- 2018: Revenue of $76K, expenses of $156K, and assets of $939K (revenue +5.1% year-over-year).
- 2017: Revenue of $72K, expenses of $149K, and assets of $1.1M (revenue +549.7% year-over-year).
- 2016: Revenue of $11K, expenses of $125K, and assets of $1.1M (revenue -81.6% year-over-year).
- 2015: Revenue of $60K, expenses of $132K, and assets of $1.2M (revenue +106.6% year-over-year).
- 2014: Revenue of $29K, expenses of $139K, and assets of $1.3M (revenue +206.6% year-over-year).
- 2013: Revenue of $9K, expenses of $144K, and assets of $1.2M (revenue -99.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $10K, and assets of $1.3M (revenue +6488.2% year-over-year).
- 2011: Revenue of $17K, expenses of $7K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blanchet Catholic School Foundation:
Data Sources and Methodology
This transparency report for Blanchet Catholic School 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.