Blue Card Inc
Blue Card Inc. consistently directs funds to programs with no reported officer compensation, though expenses occasionally exceed revenue.
EIN: 131623910 · New York, NY · NTEE: P600 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3.5 |
| Net Assets | $2.9M |
| Transparency Score | 90/100 |
Is Blue Card Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Card Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Card Inc
Blue Card Inc (EIN: 131623910) is a nonprofit organization based in New York, NY, classified under NTEE code P600. The organization reported total revenue of $3.9M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Card Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Card Inc is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-238,650 |
| Total Assets | $2.9M |
| Total Liabilities | $29K |
| Net Assets | $2.9M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, Blue Card Inc reported a deficit of $239K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Blue Card Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +3.4% | -21.3% |
| 2022 | +2.3% | +8.6% | +2.1% |
| 2021 | -1.3% | +10.5% | +8.9% |
| 2020 | -33.6% | -20.7% | — |
| 2019 | +30.0% | -1.1% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 Blue Card Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Blue Card Inc 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 $239K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Blue Card Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with annual revenues typically exceeding $3.5 million.
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 Blue Card Inc's IRS 990 filings:
- Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2022, 2017, 2016), which, if sustained, could impact long-term financial health.
Strengths
The following positive indicators were identified for Blue Card Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and transparency.
- Strong program spending ratio, estimated at 85%, demonstrating a clear focus on its mission.
- Healthy asset base (e.g., $2,943,752 in 2023) provides financial stability.
- Stable revenue stream, generally above $3.5 million annually, supporting consistent operations.
Frequently Asked Questions about Blue Card Inc
Is Blue Card Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Card Inc (EIN: 131623910) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Blue Card Inc spend its money?
Blue Card Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Card Inc tax-deductible?
Blue Card Inc is registered as a tax-exempt nonprofit (EIN: 131623910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Blue Card Inc CEO make?
Blue Card Inc's highest-compensated officer earns $3.5 annually. The organization reported $3.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Blue Card Inc's spending goes to programs?
Blue Card Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blue Card Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Blue Card Inc is above average for NTEE category P600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blue Card Inc located?
Blue Card Inc is headquartered in New York, New York and files with the IRS under EIN 131623910. It is classified under NTEE code P600.
How many years of IRS 990 filings does Blue Card Inc have?
Blue Card Inc 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 $3.9M in total revenue.
Is Blue Card Inc. financially stable?
Yes, Blue Card Inc. appears financially stable. While expenses have exceeded revenue in some recent years (e.g., 2023 and 2022), the organization maintains a healthy asset base, such as $2,943,752 in 2023, which provides a buffer against shortfalls.
How much of Blue Card Inc.'s money goes to programs?
Based on typical nonprofit spending patterns and the absence of officer compensation, it is estimated that a high percentage, approximately 85%, of Blue Card Inc.'s expenses are directed towards its programs, indicating strong programmatic efficiency.
Does Blue Card Inc. pay its executives?
No, Blue Card Inc. consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers.
Has Blue Card Inc.'s revenue been consistent?
Blue Card Inc.'s revenue has been relatively consistent, generally ranging between $3.5 million and $4 million annually, with a notable peak of $5,391,689 in 2019.
Filing History
IRS 990 filing history for Blue Card Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blue Card Inc's revenue has grown by 74.8%, moving from $2.1M to $3.7M. Total assets increased by 19.7% over the same period, from $2.5M to $2.9M. Total functional expenses rose by 69%, from $2.3M to $3.9M. In its most recent filing year (2023), Blue Card Inc reported a deficit of $239K, with expenses exceeding revenue. The organization holds $29K in liabilities against $2.9M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.9M | $2.9M | $29K | — | — |
| 2022 | $3.6M | $3.8M | $3.7M | $422K | — | View 990 |
| 2021 | $3.5M | $3.5M | $3.7M | $0 | — | View 990 |
| 2020 | $3.6M | $3.2M | $3.4M | $172K | — | View 990 |
| 2019 | $5.4M | $4.0M | $0 | $0 | — | View 990 |
| 2018 | $4.1M | $4.0M | $1.9M | $252K | — | View 990 |
| 2017 | $3.9M | $4.2M | $1.6M | $220K | — | View 990 |
| 2016 | $3.8M | $4.2M | $1.7M | $68K | — | View 990 |
| 2015 | $3.4M | $3.6M | $2.1M | $35K | — | View 990 |
| 2014 | $3.2M | $3.2M | $2.2M | $31K | — | View 990 |
| 2013 | $2.6M | $2.7M | $2.3M | $107K | — | View 990 |
| 2012 | $2.1M | $2.3M | $2.3M | $10K | — | View 990 |
| 2011 | $2.1M | $2.3M | $2.5M | $415 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.9M, and assets of $2.9M (revenue +1.6% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.8M, and assets of $3.7M (revenue +2.3% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.5M, and assets of $3.7M (revenue -1.3% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.2M, and assets of $3.4M (revenue -33.6% year-over-year).
- 2019: Revenue of $5.4M, expenses of $4.0M, and assets of $0 (revenue +30.0% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.0M, and assets of $1.9M (revenue +5.1% year-over-year).
- 2017: Revenue of $3.9M, expenses of $4.2M, and assets of $1.6M (revenue +5.2% year-over-year).
- 2016: Revenue of $3.8M, expenses of $4.2M, and assets of $1.7M (revenue +8.9% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.6M, and assets of $2.1M (revenue +6.5% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.2M, and assets of $2.2M (revenue +24.8% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.7M, and assets of $2.3M (revenue +23.2% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.3M, and assets of $2.3M (revenue +0.1% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.3M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Card Inc:
Data Sources and Methodology
This transparency report for Blue Card 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.