Paul W Blake And Virginia Blake Memorial Foundation
EIN: 367706695 · Wheeling, WV · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $661K |
| Total Expenses | $280K |
| Net Assets | $4.1M |
Is Paul W Blake And Virginia Blake Memorial Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Paul W Blake And Virginia Blake Memorial Foundation
Paul W Blake And Virginia Blake Memorial Foundation (EIN: 367706695) is a nonprofit organization based in Wheeling, WV, classified under NTEE code T22. The organization reported total revenue of $661K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul W Blake And Virginia Blake Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul W Blake And Virginia Blake Memorial Foundation is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $280K |
| Surplus / Deficit | $-163,567 |
| Total Assets | $4.1M |
| Total Liabilities | $1 |
| Net Assets | $4.1M |
| Operating Margin | -140.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 174.0 months |
Financial Health Grade: B
In 2023, Paul W Blake And Virginia Blake Memorial Foundation reported a deficit of $164K with expenses exceeding revenue, holds 174.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Paul W Blake And Virginia Blake Memorial Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -121.6% | -22.3% | -9.0% |
| 2021 | +362.1% | +57.7% | -1.7% |
| 2020 | -63.7% | +10.1% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paul W Blake And Virginia Blake Memorial Foundation 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 Paul W Blake And Virginia Blake Memorial Foundation 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 $164K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Paul W Blake And Virginia Blake Memorial Foundation
Is Paul W Blake And Virginia Blake Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Paul W Blake And Virginia Blake Memorial Foundation (EIN: 367706695) insufficient data. 0 red flags identified, 0 strengths noted.
How does Paul W Blake And Virginia Blake Memorial Foundation spend its money?
Detailed spending breakdown data is not yet available for Paul W Blake And Virginia Blake Memorial Foundation. Check back for updated IRS 990 analysis.
Are donations to Paul W Blake And Virginia Blake Memorial Foundation tax-deductible?
Paul W Blake And Virginia Blake Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 367706695). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paul W Blake And Virginia Blake Memorial Foundation located?
Paul W Blake And Virginia Blake Memorial Foundation is headquartered in Wheeling, West Virginia and files with the IRS under EIN 367706695. It is classified under NTEE code T22.
How many years of IRS 990 filings does Paul W Blake And Virginia Blake Memorial Foundation have?
Paul W Blake And Virginia Blake Memorial Foundation has 5 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 $661K in total revenue.
Filing History
IRS 990 filing history for Paul W Blake And Virginia Blake Memorial Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Paul W Blake And Virginia Blake Memorial Foundation's revenue has declined by 45.1%, moving from $213K to $117K. Total assets decreased by 17.9% over the same period, from $4.9M to $4.1M. Total functional expenses rose by 10.8%, from $253K to $280K. In its most recent filing year (2023), Paul W Blake And Virginia Blake Memorial Foundation reported a deficit of $164K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $280K | $4.1M | $1 | — | View 990 |
| 2022 | $-77,258 | $341K | $4.2M | $1 | — | View 990 |
| 2021 | $357K | $439K | $4.6M | $1 | — | — |
| 2020 | $77K | $279K | $4.7M | $3K | — | — |
| 2019 | $213K | $253K | $4.9M | $162 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $280K, and assets of $4.1M.
- 2022: Revenue of $-77,258, expenses of $341K, and assets of $4.2M (revenue -121.6% year-over-year).
- 2021: Revenue of $357K, expenses of $439K, and assets of $4.6M (revenue +362.1% year-over-year).
- 2020: Revenue of $77K, expenses of $279K, and assets of $4.7M (revenue -63.7% year-over-year).
- 2019: Revenue of $213K, expenses of $253K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul W Blake And Virginia Blake Memorial Foundation:
Data Sources and Methodology
This transparency report for Paul W Blake And Virginia Blake Memorial 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.