The Bellis Blauvelt Demarest Foundations Inc
The Bellis Blauvelt Demarest Foundations Inc: Declining Revenue, High Administrative Costs
EIN: 221999877 · Bedminster, NJ · NTEE: A51 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $798K |
| Program Spending | 5% |
| Net Assets | $8.0M |
| Transparency Score | 45/100 |
Is The Bellis Blauvelt Demarest Foundations Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Bellis Blauvelt Demarest Foundations Inc directs 5% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About The Bellis Blauvelt Demarest Foundations Inc
The Bellis Blauvelt Demarest Foundations Inc (EIN: 221999877) is a nonprofit organization based in Bedminster, NJ, classified under NTEE code A51. The organization reported total revenue of $3.7M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Bellis Blauvelt Demarest Foundations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Bellis Blauvelt Demarest Foundations Inc is a mid-size nonprofit that has been operating for 50 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $754K |
| Total Expenses | $798K |
| Surplus / Deficit | $-44,413 |
| Total Assets | $8.0M |
| Total Liabilities | $1 |
| Net Assets | $8.0M |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 120.7 months |
Financial Health Grade: B
In 2023, The Bellis Blauvelt Demarest Foundations Inc reported a deficit of $44K with expenses exceeding revenue, holds 120.7 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), The Bellis Blauvelt Demarest Foundations Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.8% | -15.9% | -0.6% |
| 2022 | +8.0% | -83.2% | +5.4% |
| 2021 | +68.6% | +706.1% | -36.4% |
| 2020 | -65.4% | +4.4% | +0.1% |
| 2019 | +253.7% | +11.0% | +70.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 The Bellis Blauvelt Demarest Foundations Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 90%
- programs: 5%
- fundraising: 5%
According to IRS 990 filings, The Bellis Blauvelt Demarest Foundations Inc allocates its expenses as follows: admin: 90%, programs: 5%, fundraising: 5%. Only 5% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the high administrative costs suggest a need for further investigation into how funds are allocated.
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 The Bellis Blauvelt Demarest Foundations Inc's IRS 990 filings:
- Total expenses ($798,375 in 2023) nearly match administrative expenses, indicating minimal to no direct program spending.
- Significant decline in revenue over the past five years, from $2,169,501 in 2019 to $753,962 in 2023.
- Assets have fluctuated significantly, from $12,040,648 in 2020 to $8,027,980 in 2023, without clear explanation.
Strengths
The following positive indicators were identified for The Bellis Blauvelt Demarest Foundations Inc:
- The organization has maintained a consistent asset base over several years, despite revenue fluctuations.
Frequently Asked Questions about The Bellis Blauvelt Demarest Foundations Inc
Is The Bellis Blauvelt Demarest Foundations Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Bellis Blauvelt Demarest Foundations Inc (EIN: 221999877) significant concerns. Mission Score: 45/100. 3 red flags identified, 1 strength noted.
How does The Bellis Blauvelt Demarest Foundations Inc spend its money?
The Bellis Blauvelt Demarest Foundations Inc directs 5% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Bellis Blauvelt Demarest Foundations Inc tax-deductible?
The Bellis Blauvelt Demarest Foundations Inc is registered as a tax-exempt nonprofit (EIN: 221999877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Bellis Blauvelt Demarest Foundations Inc's spending goes to programs?
The Bellis Blauvelt Demarest Foundations Inc directs 5% to programs, 5% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does The Bellis Blauvelt Demarest Foundations Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), The Bellis Blauvelt Demarest Foundations Inc is near average for NTEE category A51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Bellis Blauvelt Demarest Foundations Inc located?
The Bellis Blauvelt Demarest Foundations Inc is headquartered in Bedminster, New Jersey and files with the IRS under EIN 221999877. It is classified under NTEE code A51.
How many years of IRS 990 filings does The Bellis Blauvelt Demarest Foundations Inc have?
The Bellis Blauvelt Demarest Foundations 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 $3.7M in total revenue.
What does The Bellis Blauvelt Demarest Foundations Inc do?
The Bellis Blauvelt Demarest Foundations Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Bedminster, New Jersey. It is classified under NTEE code A51.
How much revenue does The Bellis Blauvelt Demarest Foundations Inc have?
The Bellis Blauvelt Demarest Foundations Inc reported total revenue of $3,725,751. Based on 10 IRS 990 filings on record.
What are The Bellis Blauvelt Demarest Foundations Inc's total assets?
The Bellis Blauvelt Demarest Foundations Inc holds total assets of $6,399,954 as reported in IRS 990 filings.
Where is The Bellis Blauvelt Demarest Foundations Inc located?
The Bellis Blauvelt Demarest Foundations Inc is based in Bedminster, New Jersey.
What is The Bellis Blauvelt Demarest Foundations Inc's EIN?
The Bellis Blauvelt Demarest Foundations Inc's Employer Identification Number (EIN) is 221999877. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Bellis Blauvelt Demarest Foundations Inc?
The Bellis Blauvelt Demarest Foundations Inc is classified under NTEE code A51 (Arts, Culture & Humanities).
Is The Bellis Blauvelt Demarest Foundations Inc a registered 501(c)(3)?
Yes, The Bellis Blauvelt Demarest Foundations Inc is recognized as a tax-exempt organization by the IRS. EIN: 221999877.
Does The Bellis Blauvelt Demarest Foundations Inc file IRS Form 990?
Yes, The Bellis Blauvelt Demarest Foundations Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Bellis Blauvelt Demarest Foundations Inc's revenue in 2023?
In the 202312 filing period, The Bellis Blauvelt Demarest Foundations Inc reported total revenue of $753,962, total expenses of $798,375, and net assets of $8,027,980.
Is The Bellis Blauvelt Demarest Foundations Inc's revenue growing or declining?
The Bellis Blauvelt Demarest Foundations Inc's revenue is declining. Revenue went from $1,364,687 (202212) to $753,962 (202312), a -44.8% change. Based on 10 filings on record.
What is The Bellis Blauvelt Demarest Foundations Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Bellis Blauvelt Demarest Foundations Inc covers tax period 202312. It shows revenue of $753,962, expenses of $798,375, total assets of $8,027,980, and liabilities of $1.
How much does The Bellis Blauvelt Demarest Foundations Inc spend on programs vs administration?
Based on IRS 990 analysis, The Bellis Blauvelt Demarest Foundations Inc allocates approximately 5% of expenses to program services, 90% to administrative costs, and 5% to fundraising. Overhead costs appear high relative to program spending.
Is The Bellis Blauvelt Demarest Foundations Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Bellis Blauvelt Demarest Foundations Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for The Bellis Blauvelt Demarest Foundations Inc?
The following concerns were identified: Total expenses ($798,375 in 2023) nearly match administrative expenses, indicating minimal to no direct program spending.. Significant decline in revenue over the past five years, from $2,169,501 in 2019 to $753,962 in 2023.. Assets have fluctuated significantly, from $12,040,648 in 2020 to $8,027,980 in 2023, without clear explanation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Bellis Blauvelt Demarest Foundations Inc's strengths?
Positive indicators for The Bellis Blauvelt Demarest Foundations Inc include: The organization has maintained a consistent asset base over several years, despite revenue fluctuations.. These findings are derived from AI analysis of the organization's financial filings.
How does The Bellis Blauvelt Demarest Foundations Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the high administrative costs suggest a need for further investigation into how funds are allocated. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported expenses, what specific programs or initiatives did The Bellis Blauvelt Demarest Foundations Inc fund in 2023, if any, considering administrative expenses equaled total expenses?
Based on the 2023 filing data, total expenses were $798,375, and administrative expenses were also $798,375. This suggests that there was no direct program spending in 2023, raising questions about the foundation's operational purpose for that year.
Filing History
IRS 990 filing history for The Bellis Blauvelt Demarest Foundations Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Bellis Blauvelt Demarest Foundations Inc's revenue has grown by 193.6%, moving from $257K to $754K. Total assets increased by 17.7% over the same period, from $6.8M to $8.0M. Total functional expenses rose by 133.7%, from $342K to $798K. In its most recent filing year (2023), The Bellis Blauvelt Demarest Foundations Inc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $754K | $798K | $8.0M | $1 | — | — |
| 2022 | $1.4M | $950K | $8.1M | $1 | — | View 990 |
| 2021 | $1.3M | $5.6M | $7.7M | $1 | — | View 990 |
| 2020 | $750K | $701K | $12.0M | $1 | — | View 990 |
| 2019 | $2.2M | $671K | $12.0M | $1 | — | — |
| 2015 | $613K | $605K | $7.1M | $1 | — | View 990 |
| 2014 | $746K | $542K | $7.1M | $0 | — | View 990 |
| 2013 | $644K | $435K | $6.9M | $15K | — | View 990 |
| 2012 | $440K | $486K | $6.7M | $30K | — | View 990 |
| 2011 | $257K | $342K | $6.8M | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $754K, expenses of $798K, and assets of $8.0M (revenue -44.8% year-over-year).
- 2022: Revenue of $1.4M, expenses of $950K, and assets of $8.1M (revenue +8.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $5.6M, and assets of $7.7M (revenue +68.6% year-over-year).
- 2020: Revenue of $750K, expenses of $701K, and assets of $12.0M (revenue -65.4% year-over-year).
- 2019: Revenue of $2.2M, expenses of $671K, and assets of $12.0M (revenue +253.7% year-over-year).
- 2015: Revenue of $613K, expenses of $605K, and assets of $7.1M (revenue -17.7% year-over-year).
- 2014: Revenue of $746K, expenses of $542K, and assets of $7.1M (revenue +15.8% year-over-year).
- 2013: Revenue of $644K, expenses of $435K, and assets of $6.9M (revenue +46.4% year-over-year).
- 2012: Revenue of $440K, expenses of $486K, and assets of $6.7M (revenue +71.2% year-over-year).
- 2011: Revenue of $257K, expenses of $342K, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Bellis Blauvelt Demarest Foundations Inc:
Data Sources and Methodology
This transparency report for The Bellis Blauvelt Demarest Foundations 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.