Block Family Foundation
Block Family Foundation consistently operates with zero officer compensation, actively deploying funds with fluctuating asset levels.
EIN: 134092442 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| Net Assets | $34K |
| Transparency Score | 85/100 |
Is Block Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Block Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Block Family Foundation
Block Family Foundation (EIN: 134092442) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $4.5M and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Block Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Block Family Foundation is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-31,094 |
| Total Assets | $34K |
| Total Liabilities | $1 |
| Net Assets | $34K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Block Family Foundation reported a deficit of $31K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Block Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.2% | +60.5% | -48.1% |
| 2022 | -14.2% | -22.0% | -42.2% |
| 2021 | +55.1% | +66.3% | -60.6% |
| 2020 | +84.2% | +93.6% | -16.3% |
| 2019 | +186.9% | +35.3% | +29.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Block Family Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Block Family Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Block Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size and revenue.
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 Block Family Foundation's IRS 990 filings:
- Significant fluctuation in assets without clear explanation in summary data (e.g., from $446,993 in 2012 to $33,606 in 2023).
Strengths
The following positive indicators were identified for Block Family Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in leadership costs.
- Minimal liabilities reported ($1 in most recent filings), suggesting strong financial management.
- Consistent filing of IRS 990s over a decade, demonstrating good transparency and compliance.
- Active deployment of funds, with expenses closely tracking or slightly exceeding revenue in recent years (e.g., 2023 expenses of $1,605,753 vs. revenue of $1,574,659).
Frequently Asked Questions about Block Family Foundation
Is Block Family Foundation a legitimate charity?
Block Family Foundation (EIN: 134092442) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.5M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Block Family Foundation spend its money?
Block Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Block Family Foundation tax-deductible?
Block Family Foundation is registered as a tax-exempt nonprofit (EIN: 134092442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Block Family Foundation's spending goes to programs?
Block Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Block Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Block Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Block Family Foundation located?
Block Family Foundation is headquartered in New York, New York and files with the IRS under EIN 134092442. It is classified under NTEE code T20.
How many years of IRS 990 filings does Block Family Foundation have?
Block Family Foundation has 10 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 $4.5M in total revenue.
Why have the organization's assets fluctuated so significantly, from $446,993 in 2012 to $33,606 in 2023?
The provided data does not offer specific reasons for the asset fluctuations. This would require reviewing the detailed balance sheets and statements of cash flow within the full IRS 990 filings to understand investment strategies, major expenditures, or changes in endowment structure.
Given the consistent reporting of 0% officer compensation, how are the organization's leadership and operational roles managed and compensated?
While officer compensation is reported as zero, it's possible that key roles are filled by volunteers, or compensation is structured in a way that doesn't fall under 'officer compensation' (e.g., through a related entity, or as contractor fees not directly reported as officer pay). Further review of the full 990, particularly Part VII, Section A, would clarify this.
What are the specific program activities and grants funded by the Block Family Foundation?
The NTEE code T20 indicates 'Foundations, Grantmaking.' To understand the specific program activities and grants, one would need to review Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals in the U.S.) and Schedule O (Supplemental Information) of the full IRS 990 filings.
Filing History
IRS 990 filing history for Block Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Block Family Foundation's revenue has grown by 517.9%, moving from $255K to $1.6M. Total assets decreased by 90.4% over the same period, from $349K to $34K. Total functional expenses rose by 806.5%, from $177K to $1.6M. In its most recent filing year (2023), Block Family Foundation reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $34K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $34K | $1 | — | — |
| 2022 | $953K | $1.0M | $65K | $1 | — | View 990 |
| 2021 | $1.1M | $1.3M | $112K | $1 | — | View 990 |
| 2020 | $716K | $772K | $284K | $1 | — | View 990 |
| 2019 | $389K | $399K | $339K | $1 | — | View 990 |
| 2015 | $136K | $295K | $262K | $1 | — | View 990 |
| 2014 | $384K | $298K | $421K | $1 | — | View 990 |
| 2013 | $560K | $242K | $335K | $1 | — | View 990 |
| 2012 | $1.1M | $119K | $447K | $0 | — | View 990 |
| 2011 | $255K | $177K | $349K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $34K (revenue +65.2% year-over-year).
- 2022: Revenue of $953K, expenses of $1.0M, and assets of $65K (revenue -14.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $112K (revenue +55.1% year-over-year).
- 2020: Revenue of $716K, expenses of $772K, and assets of $284K (revenue +84.2% year-over-year).
- 2019: Revenue of $389K, expenses of $399K, and assets of $339K (revenue +186.9% year-over-year).
- 2015: Revenue of $136K, expenses of $295K, and assets of $262K (revenue -64.7% year-over-year).
- 2014: Revenue of $384K, expenses of $298K, and assets of $421K (revenue -31.3% year-over-year).
- 2013: Revenue of $560K, expenses of $242K, and assets of $335K (revenue -49.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $119K, and assets of $447K (revenue +331.1% year-over-year).
- 2011: Revenue of $255K, expenses of $177K, and assets of $349K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Block Family Foundation:
Data Sources and Methodology
This transparency report for Block Family 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.