Blue Hills Foundation Inc
Blue Hills Foundation Inc maintains substantial assets and minimal expenses, with highly variable revenue and no reported officer compensation.
EIN: 20366576 · Strafford, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $148K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $15.2M |
| Transparency Score | 85/100 |
Is Blue Hills Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Hills Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Hills Foundation Inc
Blue Hills Foundation Inc (EIN: 20366576) is a nonprofit organization based in Strafford, NH. The organization reported total revenue of $1.4M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Hills Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Hills Foundation Inc is a mid-size nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $148K |
| Surplus / Deficit | +$5.2M |
| Total Assets | $15.2M |
| Total Liabilities | $1 |
| Net Assets | $15.2M |
| Operating Margin | 97.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1228.6 months |
Financial Health Grade: A
In 2023, Blue Hills Foundation Inc reported a surplus of $5.2M with revenue exceeding expenses, holds 1228.6 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), Blue Hills Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1227.6% | +70.8% | +78.6% |
| 2022 | +528.3% | -45.2% | +3.8% |
| 2021 | -92.9% | +66.4% | -1.1% |
| 2020 | +395.5% | +388.0% | +10.9% |
| 2019 | -77.1% | -31.0% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Hills 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, Blue Hills 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 surplus of $5.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not reported as officer compensation on the 990, which is unusual for an organization with over $15 million in assets.
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 Hills Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Highly volatile revenue streams, indicating potential reliance on unpredictable funding sources
- Zero reported officer compensation for an organization with substantial assets, which could mask indirect compensation or indicate a fully volunteer-run structure that might be unsustainable at scale.
Strengths
The following positive indicators were identified for Blue Hills Foundation Inc:
- Strong asset growth, from $5.9M in 2011 to $15.1M in 2023
- Extremely low liabilities, consistently reported as $0 or $1
- Very low expense ratio relative to revenue and assets, indicating high operational efficiency
- Consistent reporting of zero officer compensation, suggesting fiscal conservatism or volunteer leadership
Frequently Asked Questions about Blue Hills Foundation Inc
Is Blue Hills Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Hills Foundation Inc (EIN: 20366576) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Blue Hills Foundation Inc spend its money?
Blue Hills Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Hills Foundation Inc tax-deductible?
Blue Hills Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20366576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Blue Hills Foundation Inc CEO make?
Blue Hills Foundation Inc's highest-compensated officer earns $15 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Blue Hills Foundation Inc's spending goes to programs?
Blue Hills Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Blue Hills Foundation Inc located?
Blue Hills Foundation Inc is headquartered in Strafford, New Hampshire and files with the IRS under EIN 20366576.
How many years of IRS 990 filings does Blue Hills Foundation Inc have?
Blue Hills 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 $1.4M in total revenue.
What are the specific programs Blue Hills Foundation Inc supports?
The provided IRS 990 data does not detail the specific programs or activities of Blue Hills Foundation Inc, only financial figures. Further investigation into their mission statement or website would be necessary.
How does Blue Hills Foundation Inc manage to operate with such low expenses relative to its revenue and assets?
The consistently low expense figures suggest a highly efficient, possibly volunteer-driven operational model, or that a significant portion of its revenue is derived from investment gains rather than program-related activities requiring substantial operational costs.
Why is there no officer compensation reported for an organization with over $15 million in assets?
The absence of reported officer compensation could mean that the organization's leadership is entirely volunteer, or that compensation is structured in a way that it is not categorized as 'officer compensation' on the 990, which warrants further inquiry for full transparency.
What is the primary source of Blue Hills Foundation Inc's highly fluctuating revenue?
The significant fluctuations in revenue, such as $5,335,738 in 2023 compared to $401,920 in 2022, suggest that the organization may rely heavily on large, infrequent donations, grants, or investment income rather than consistent operational revenue streams.
Filing History
IRS 990 filing history for Blue Hills Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Blue Hills Foundation Inc's revenue has grown by 336.8%, moving from $1.2M to $5.3M. Total assets increased by 154.1% over the same period, from $6.0M to $15.2M. Total functional expenses rose by 121.8%, from $67K to $148K. In its most recent filing year (2023), Blue Hills Foundation Inc reported a surplus of $5.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $15.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $148K | $15.2M | $1 | — | — |
| 2022 | $402K | $87K | $8.5M | $1 | — | View 990 |
| 2021 | $64K | $159K | $8.2M | $1 | — | View 990 |
| 2020 | $906K | $95K | $8.3M | $1 | — | View 990 |
| 2019 | $183K | $20K | $7.5M | $0 | — | View 990 |
| 2015 | $798K | $28K | $7.2M | $0 | — | View 990 |
| 2014 | $151K | $26K | $6.5M | $0 | — | View 990 |
| 2013 | $109K | $33K | $6.3M | $0 | — | View 990 |
| 2012 | $326K | $37K | $6.3M | $0 | — | View 990 |
| 2011 | $1.2M | $67K | $6.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $148K, and assets of $15.2M (revenue +1227.6% year-over-year).
- 2022: Revenue of $402K, expenses of $87K, and assets of $8.5M (revenue +528.3% year-over-year).
- 2021: Revenue of $64K, expenses of $159K, and assets of $8.2M (revenue -92.9% year-over-year).
- 2020: Revenue of $906K, expenses of $95K, and assets of $8.3M (revenue +395.5% year-over-year).
- 2019: Revenue of $183K, expenses of $20K, and assets of $7.5M (revenue -77.1% year-over-year).
- 2015: Revenue of $798K, expenses of $28K, and assets of $7.2M (revenue +428.1% year-over-year).
- 2014: Revenue of $151K, expenses of $26K, and assets of $6.5M (revenue +38.8% year-over-year).
- 2013: Revenue of $109K, expenses of $33K, and assets of $6.3M (revenue -66.6% year-over-year).
- 2012: Revenue of $326K, expenses of $37K, and assets of $6.3M (revenue -73.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $67K, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Hills Foundation Inc:
Data Sources and Methodology
This transparency report for Blue Hills 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.