Blr Foundation Inc
Blr Foundation Inc. experiences significant revenue surge after years of modest operations and consistent expense overruns.
EIN: 203936633 · Cincinnati, OH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $68K |
| Program Spending | 90% |
| Net Assets | $722K |
| Transparency Score | 85/100 |
Is Blr Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blr Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blr Foundation Inc
Blr Foundation Inc (EIN: 203936633) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code T22. The organization reported total revenue of $3.0M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blr Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blr Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $68K |
| Surplus / Deficit | $-42,833 |
| Total Assets | $722K |
| Total Liabilities | $1 |
| Net Assets | $722K |
| Operating Margin | -170.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.5 months |
Financial Health Grade: B
In 2023, Blr Foundation Inc reported a deficit of $43K with expenses exceeding revenue, holds 127.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Blr Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.5% | -5.1% | -5.6% |
| 2022 | -50.9% | +88.1% | -1.4% |
| 2021 | +340.8% | +11.8% | +12.3% |
| 2020 | -44.8% | -55.4% | -0.9% |
| 2019 | +52.8% | +468.6% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Blr Foundation Inc 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, Blr Foundation Inc 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 $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officer salaries are paid, which is highly commendable for an organization of its size and suggests a volunteer-led or very lean operational structure.
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 Blr Foundation Inc's IRS 990 filings:
- Highly volatile revenue, with expenses often exceeding revenue in individual years prior to the latest period's surge.
Strengths
The following positive indicators were identified for Blr Foundation Inc:
- Consistently low liabilities, often reported as $1, indicating strong financial control over debt.
- 0% officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
- Significant asset base relative to historical operating expenses, providing financial stability.
Frequently Asked Questions about Blr Foundation Inc
Is Blr Foundation Inc a legitimate charity?
Blr Foundation Inc (EIN: 203936633) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Blr Foundation Inc spend its money?
Blr Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Blr Foundation Inc tax-deductible?
Blr Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203936633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blr Foundation Inc's spending goes to programs?
Blr Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blr Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Blr Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blr Foundation Inc located?
Blr Foundation Inc is headquartered in Cincinnati, Ohio and files with the IRS under EIN 203936633. It is classified under NTEE code T22.
How many years of IRS 990 filings does Blr Foundation Inc have?
Blr Foundation Inc 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 $3.0M in total revenue.
What is the source of the significant revenue increase to $3,034,594 in the latest period?
The provided data shows a dramatic increase in revenue from typically under $100,000 to over $3 million in the latest period. The specific source (e.g., large grant, major donation, investment gain) is not detailed in the summary data and would require reviewing the full 990 filing.
How does Blr Foundation Inc. cover its expenses when revenue is less than expenses, as seen in 2023 ($25,107 revenue vs. $67,940 expenses)?
When expenses exceed revenue in a given period, the organization likely draws upon its accumulated assets. For example, in 2023, the organization's assets were $721,580, providing a buffer to cover the deficit.
What specific programs does Blr Foundation Inc. operate given its NTEE code T22 (Philanthropy, Voluntarism & Grantmaking Foundations)?
The NTEE code T22 suggests that Blr Foundation Inc. primarily operates as a grantmaking foundation. The specific beneficiaries or areas of grantmaking are not detailed in the provided financial summary and would require reviewing the full 990 filing's program service accomplishments.
Filing History
IRS 990 filing history for Blr Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Blr Foundation Inc's revenue has grown by 56.4%, moving from $16K to $25K. Total assets increased by 18.1% over the same period, from $611K to $722K. Total functional expenses rose by 571.1%, from $10K to $68K. In its most recent filing year (2023), Blr Foundation Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $1 in liabilities against $722K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $722K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $68K | $722K | $1 | — | — |
| 2022 | $61K | $72K | $764K | $1 | — | View 990 |
| 2021 | $123K | $38K | $776K | $1 | — | View 990 |
| 2020 | $28K | $34K | $690K | $1 | — | — |
| 2019 | $51K | $76K | $696K | $1 | — | View 990 |
| 2015 | $33K | $13K | $581K | $1 | — | View 990 |
| 2014 | $93K | $127K | $562K | $1 | — | View 990 |
| 2013 | $29K | $38K | $596K | $336 | — | View 990 |
| 2012 | $25K | $30K | $605K | $336 | — | View 990 |
| 2011 | $16K | $10K | $611K | $231 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $68K, and assets of $722K (revenue -58.5% year-over-year).
- 2022: Revenue of $61K, expenses of $72K, and assets of $764K (revenue -50.9% year-over-year).
- 2021: Revenue of $123K, expenses of $38K, and assets of $776K (revenue +340.8% year-over-year).
- 2020: Revenue of $28K, expenses of $34K, and assets of $690K (revenue -44.8% year-over-year).
- 2019: Revenue of $51K, expenses of $76K, and assets of $696K (revenue +52.8% year-over-year).
- 2015: Revenue of $33K, expenses of $13K, and assets of $581K (revenue -64.4% year-over-year).
- 2014: Revenue of $93K, expenses of $127K, and assets of $562K (revenue +218.8% year-over-year).
- 2013: Revenue of $29K, expenses of $38K, and assets of $596K (revenue +17.6% year-over-year).
- 2012: Revenue of $25K, expenses of $30K, and assets of $605K (revenue +54.9% year-over-year).
- 2011: Revenue of $16K, expenses of $10K, and assets of $611K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blr Foundation Inc:
Data Sources and Methodology
This transparency report for Blr 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.