Civic Intelligence

Blue Stones Foundation Inc

EIN 33-2810448 • 501(c)3 • Washington, DC

Pub. 78 Eligible

Profile

Blue stones foundation, inc's. Mission is to conduct activities that facilitate and promote the operations of affordable housing including wrap-around services that support housing outcomes.

1212 New York Avenue NW 1000Washington, DC 20005

www.bluestonesfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

$2,900,000

No earlier filing loaded for comparison.

Liabilities

$2,918,048

No earlier filing loaded for comparison.

Net Assets

-$18,048

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$18,048

No earlier filing loaded for comparison.

Net Income

-$18,048

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2024: $2,900,000Liabilities 2024: $2,918,048Net Assets 2024: -$18,0482024

Highlighted filing

2024

Assets$2,900,000
Liabilities$2,918,048
Net Assets-$18,048
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2024: $0Expenses 2024: $18,048Net Income 2024: -$18,0482024

Highlighted filing

2024

Revenue$0
Expenses$18,048
Net Income-$18,048
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,900,000
Liabilities
$2,918,048
Net assets
-$18,048
Revenue
$0
Expenses
$18,048
Net income
-$18,048
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$2.92$0.02$0.00$0.02$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 4, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

Blue stones foundation, inc's. Mission is to conduct activities that facilitate and promote the operations of affordable housing including wrap-around services that support housing outcomes.

Promoting and supporting affordable housing for low-income individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related-$2,900,000-
Total Assets$0$2,900,000▲ $2,900,000
Liabilities
Unsecured Notes Loans Payable-$2,900,000-
Accounts Payable and Accrued Expenses-$18,048-
Total Liabilities$0$2,918,048▲ $2,918,048
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$-18,048-
Total Net Assets Fund Balance$0$-18,048▼ $18,048
Total Liabilities and Net Assets / Fund Balance$0$2,900,000▲ $2,900,000

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,900,000--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Hassan AminDirector/chair
James AbdoDirector/vice Chair
Eric HirschDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-18,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,048
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$12,500-$12,500
Interest$5,190--$5,190
Other Expenses$358--$358
Total Functional Expenses$5,548$12,500$0$18,048
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The external tax preparer prepares the draft form 990 using financial statements and governance information. Once the draft is complete, it is distributed to the governing body (board of directors) for review. The board of directors receives a copy prior to filing and has the opportunity to ask questions or request clarifications. Once approved, the form 990 is filed with the irs and made available to the public on the organization's website.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and conflict of interest policy available upon request.”

Filing and Contact Details

Filer

Filer Name
Blue Stones Foundation Inc
EIN
33-2810448
Phone
2025858622
Address
1212 NEW YORK AVENUE NW 1000, WASHINGTON, DC 20005

Signing Officer

Name
Hassan Amin
Title
Director/chair
Phone
2025858622
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hassan Amin
Formed
2024
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Laura Kielczewski
Phone
2122970400
Raw XML Appendix289 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FormerOfcrEmployeesListedInd00
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0BLUE STONES FOUNDATION, INC'S. MISSION IS TO CONDUCT ACTIVITIES THAT FACILITATE AND PROMOTE THE OPERATIONS OF AFFORDABLE HOUSING INCLUDING WRAP-AROUND SERVICES THAT SUPPORT HOUSING OUTCOMES.
IRS990/MoreThan5000KToIndividualsInd00
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ReturnHeader/TaxPeriodBeginDt02024-10-04
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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