Blue Meridian Partners Inc
EIN: 815086187 · New York, NY · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $3.4B |
| Total Expenses | $481.7M |
| Net Assets | $2.3B |
Is Blue Meridian Partners Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Blue Meridian Partners Inc
Blue Meridian Partners Inc (EIN: 815086187) is a nonprofit organization based in New York, NY, classified under NTEE code P12. The organization reported total revenue of $3.4B and total assets of $2.1B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Meridian Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Meridian Partners Inc is a major nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 25.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $353.3M |
| Total Expenses | $481.7M |
| Surplus / Deficit | $-128,337,400 |
| Total Assets | $2.3B |
| Total Liabilities | $6.7M |
| Net Assets | $2.3B |
| Operating Margin | -36.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 56.3 months |
Financial Health Grade: B
In 2023, Blue Meridian Partners Inc reported a deficit of $128.3M with expenses exceeding revenue, holds 56.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Blue Meridian Partners Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.9% | +16.7% | -5.8% |
| 2022 | +544.7% | -0.1% | +46.3% |
| 2021 | -79.3% | +27.1% | -12.0% |
| 2020 | +365.7% | +118.3% | +1953.3% |
| 2019 | +68.3% | +106.5% | +106.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Blue Meridian Partners Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blue Meridian Partners Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $128.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Blue Meridian Partners Inc
Is Blue Meridian Partners Inc a legitimate charity?
Blue Meridian Partners Inc (EIN: 815086187) is a registered tax-exempt nonprofit based in New York. It has 6 years of IRS 990 filings on record. Total revenue: $3.4B. No red flags identified. Financial health grade: B.
How does Blue Meridian Partners Inc spend its money?
Blue Meridian Partners Inc reported $3.4B in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Blue Meridian Partners Inc tax-deductible?
Blue Meridian Partners Inc is registered as a tax-exempt nonprofit (EIN: 815086187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Blue Meridian Partners Inc located?
Blue Meridian Partners Inc is headquartered in New York, New York and files with the IRS under EIN 815086187. It is classified under NTEE code P12.
How many years of IRS 990 filings does Blue Meridian Partners Inc have?
Blue Meridian Partners Inc has 6 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 $3.4B in total revenue.
Filing History
IRS 990 filing history for Blue Meridian Partners Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Blue Meridian Partners Inc's revenue has grown by 205%, moving from $115.8M to $353.3M. Total assets increased by 5034.5% over the same period, from $44.0M to $2.3B. Total functional expenses rose by 568.1%, from $72.1M to $481.7M. In its most recent filing year (2023), Blue Meridian Partners Inc reported a deficit of $128.3M, with expenses exceeding revenue. The organization holds $6.7M in liabilities against $2.3B in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.3B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $353.3M | $481.7M | $2.3B | $6.7M | — | View 990 |
| 2022 | $1.2B | $412.7M | $2.4B | $3.5M | — | — |
| 2021 | $188.1M | $413.0M | $1.6B | $3.2M | — | View 990 |
| 2020 | $907.8M | $324.9M | $1.9B | $8.8M | — | View 990 |
| 2019 | $194.9M | $148.8M | $90.8M | $503K | — | View 990 |
| 2018 | $115.8M | $72.1M | $44.0M | $140K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $353.3M, expenses of $481.7M, and assets of $2.3B (revenue -70.9% year-over-year).
- 2022: Revenue of $1.2B, expenses of $412.7M, and assets of $2.4B (revenue +544.7% year-over-year).
- 2021: Revenue of $188.1M, expenses of $413.0M, and assets of $1.6B (revenue -79.3% year-over-year).
- 2020: Revenue of $907.8M, expenses of $324.9M, and assets of $1.9B (revenue +365.7% year-over-year).
- 2019: Revenue of $194.9M, expenses of $148.8M, and assets of $90.8M (revenue +68.3% year-over-year).
- 2018: Revenue of $115.8M, expenses of $72.1M, and assets of $44.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Meridian Partners Inc:
Data Sources and Methodology
This transparency report for Blue Meridian Partners 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.