Civic Intelligence

Bluechip Ratings Inc

EIN 36-5061146 • 501(c)6 • Newark, DE

NTEE U02

Profile

Bluechip Ratings Inc. has been incorporated to act as an independent, nonprofit rating agency, to promote the common business interest of members of the digital assets industry. Bluechip's specific focus is on 'stablecoins'. We aim to make promote the growth and safety of stablecoins.

254 Chapman Rd Ste 208 11690Newark, DE 19702
Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE U • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE U • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-71%

Higher net margin than 12% of similar nonprofits.

NTEE U • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$60,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 96.0% of source-year revenue.

NTEE U • <$500k nonprofits • Source year 2024

Asset Growth

12th percentile

-69%

Faster asset growth than 12% of similar nonprofits.

NTEE U • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-76%

Faster revenue growth than 17% of similar nonprofits.

NTEE U • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$20,229

Down $44,550 (-69%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$20,229

Down $44,550 (-69%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin12th percentile

Revenue

Down

$62,500

Down $193,135 (-76%) from 2023

Expenses

Down

$107,050

Down $83,806 (-44%) from 2023

Net Income

Down

-$44,550

Down $109,329 (-169%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$80K$60K$40K$20K$0Assets 2023: $64,779Liabilities 2023: $0Net Assets 2023: $64,7792023Assets 2024: $20,229Liabilities 2024: $0Net Assets 2024: $20,2292024

Highlighted filing

2024

Assets$20,229
Liabilities$0
Net Assets$20,229
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

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

$300K$200K$100K$0-$100KRevenue 2023: $255,635Expenses 2023: $190,856Net Income 2023: $64,7792023Revenue 2024: $62,500Expenses 2024: $107,050Net Income 2024: -$44,5502024

Highlighted filing

2024

Revenue$62,500
Expenses$107,050
Net Income-$44,550
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,229
Liabilities
$0
Net assets
$20,229
Revenue
$62,500
Expenses
$107,050
Net income
-$44,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.63$1.07$0.45
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$2.56$1.91$0.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.0
Gross Receipts
$62,500
Mission and Program Overview

Mission

Bluechip Ratings Inc. has been incorporated to act as an independent, nonprofit rating agency, to promote the common business interest of members of the digital assets industry. Bluechip's specific focus is on 'stablecoins'. We aim to make promote the growth and safety of stablecoins.

Program Services

DescriptionGrantsExpenses
The company published five stablecoin risk assessment reports during the year. Four reports were done on pro-bono basis, and one report was monetized. In addition, the company also provided pro-bono advisory for emerging stablecoin issuers as well as free weekly industry updates via Twitter/X.--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vaidya PallasenaDirector, Secretary And TreasurerFT$60,000-$60,000
Benjamin LevitPresident & DirectorFT$34,184-$34,184
Garett JonesDirector-$4,200-$4,200
Filing and Contact Details

Filer

Filer Name
Bluechip Ratings Inc
EIN
36-5061146
Phone
2027357828
Address
254 Chapman Rd Ste 208 11690, Newark, DE 19702

Signing Officer

Name
Benjamin Levit
Title
President
Phone
2027357828
Signed
2025-05-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Information Technology Softwares and Subscriptions;8535|Conference Expenses;5435|Government Fees;625|Miscellaneous Expenses;219^Total;14814^”

Raw XML Appendix112 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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IRS990EZ/PrimaryExemptPurposeTxt0Bluechip Ratings Inc. has been incorporated to act as an independent, nonprofit rating agency, to promote the common business interest of members of the digital assets industry. Bluechip's specific focus is on 'stablecoins'. We aim to make promote the growth and safety of stablecoins.
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ReturnHeader/ReturnTs02025-05-05T09:37:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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