Civic Intelligence

Blechman Foundation Inc.

990 • Fiscal year 2016 • EIN 45-4227069

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

Organization Profilewww.blechmanfoundation.org
c/o DAVID BLECHMAN 11521 SW 72 CtMiami, FL 33156

(305) 742-5455

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

2nd percentile

-385%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

5th percentile

-69%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-55%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$53,956

Down $121,127 (-69%) from 2015

Net Assets

Down

$53,922

Down $121,126 (-69%) from 2015

Liabilities

Down

$34

Down $1 (-2.9%) from 2015

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin2nd percentile

Revenue

Down

$31,431

Down $38,177 (-55%) from 2015

Expenses

Up

$152,557

Up $144,122 (+1709%) from 2015

Net Income

Down

-$121,126

Down $182,299 (-298%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2013: $112,888Liabilities 2013: $0Net Assets 2013: $112,8882013Assets 2014: $113,875Liabilities 2014: $0Net Assets 2014: $113,8752014Assets 2015: $175,083Liabilities 2015: $35Net Assets 2015: $175,0482015Assets 2016: $53,956Liabilities 2016: $34Net Assets 2016: $53,9222016Assets 2017: $69,214Liabilities 2017: $0Net Assets 2017: $69,2142017Assets 2019: $87,210Net Assets 2019: $87,2102019Assets 2020: $367,060Liabilities 2020: $0Net Assets 2020: $367,0602020Assets 2021: $392,092Liabilities 2021: $0Net Assets 2021: $392,0922021Assets 2022: $219,849Liabilities 2022: $0Net Assets 2022: $219,8492022Assets 2023: $226,639Liabilities 2023: $0Net Assets 2023: $226,6392023Assets 2024: $232,115Liabilities 2024: $0Net Assets 2024: $232,1152024

Highlighted filing

2016

Assets$53,956
Liabilities$34
Net Assets$53,922
Open 2016 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2013: $127,949Expenses 2013: $39,239Net Income 2013: $88,7102013Revenue 2014: $27,479Expenses 2014: $26,492Net Income 2014: $9872014Revenue 2015: $69,608Expenses 2015: $8,435Net Income 2015: $61,1732015Revenue 2016: $31,431Expenses 2016: $152,557Net Income 2016: -$121,1262016Revenue 2017: $37,013Expenses 2017: $683Net Income 2017: $36,3302017Revenue 2019: $33,995Expenses 2019: $325Net Income 2019: $33,6702019Revenue 2020: $279,880Expenses 2020: $30Net Income 2020: $279,8502020Revenue 2021: $25,032Expenses 2021: $0Net Income 2021: $25,0322021Revenue 2022: $127,767Expenses 2022: $300,010Net Income 2022: -$172,2432022Revenue 2023: $6,790Expenses 2023: $0Net Income 2023: $6,7902023Revenue 2024: $5,491Expenses 2024: $15Net Income 2024: $5,4762024

Highlighted filing

2016

Revenue$31,431
Expenses$152,557
Net Income-$121,126
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.1
Gross Receipts
$33,650
Mission and Program Overview

Mission

Funding research to identify and develop effective neuroprotective drugs with the goal of bringing them to market as soon as possible.

Funding cutting-edge parkinson's disease research, mainly in the area of neuroprotection.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,732$29,316▲ $16,584
Savings and Temporary Cash Investments$162,351$24,640▼ $137,711
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$175,083$53,956▼ $121,127
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$35$34▼ $1
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$35$34▼ $1
Net Assets / Fund Balance
Unrestricted Net Assets$175,048$53,922▼ $121,126
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$175,048$53,922▼ $121,126
Total Liabilities and Net Assets / Fund Balance$175,083$53,956▼ $121,127
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
David BlechmanPresident
Melissa BlechmanVice President
William BlechmanTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$33,416
Program Service Revenue
$0
Investment Income
$234
Other Revenue
$-2,219
All Other Contributions
$18,038
Change in Net Assets
$-121,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$150,000
Other Expenses$2,557
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$150,000--$150,000
Information Technology$1,788--$1,788
Other Expenses$222$223-$445
Fees for Services Legal$132$132-$264
Office Expenses$30$30-$60
Total Functional Expenses$152,172$385$0$152,557
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Pittsburgh Medical CenterPittsburgh, PA501(c)(3)Charitable$100,000
Gordon Research ConferencesWest Kingston, RI501(c)(3)Charitable$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,219
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stolen Base Cha$15,378-$2,219-
Total Events$15,378-$2,219$-2,219
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$34
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 A, LINE 2:

“David blechman - family relationship melissa blechman - family relationship william blechman - family relationship”

FORM 990, PART VI, SECTION B, LINE 11:

“The officers review the 990 before it is filed.”

FORM 990, PART VI, SECTION B, LINE 12C:

“Periodic reviews are conducted to ensure the blechman foundation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax exempt status.”

FORM 990, PART VI, SECTION C, LINE 19:

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Blechman Foundation Inc
EIN
45-4227069
In Care Of
% WILLIAM BLECHMAN
Phone
3057425455
Address
c/o DAVID BLECHMAN 11521 SW 72 Ct, MIAMI, FL 33156
Doing Business As
BLECHMAN FOUNDATION FOR PARKINSON'S

Signing Officer

Name
David Blechman
Title
President
Phone
3057425455
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Blechman
Formed
2012
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Bdo USA Llp
Address
515 EAST LAS OLAS BLVD 5TH FLOOR, FORT LAUDERDALE, FL 33301
Preparer
Beatriz Vazquez
Phone
9549897462
Supplemental Narrative

Additional Explanations

FORM 990, PART I, DOING BUSINESS AS:

“Blechman foundation for parkinson's research”

Raw XML AppendixShowing 400 of 439 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0119973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0264751
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0234
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0155
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0389
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt038966
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07976
IRS990ScheduleA/OtherIncome170Grp/TotalAmt047742
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0161283
IRS990ScheduleA/SubstantialContributorsTotAmt0103468
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033416
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015449
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119973
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025021
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0264751
IRS990ScheduleA/TotalSupportAmt0312882
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalLiabilityAmt034
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015378
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015378
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02219
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STOLEN BASE CHA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015378
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2219
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02219
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02219
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHARITABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Gordon Research Conferences
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1University of Pittsburgh Medical Center
IRS990ScheduleI/RecipientTable/RecipientEIN0260150662
IRS990ScheduleI/RecipientTable/RecipientEIN1208295721
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0512 LIBERTY LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1600 GRANT ST 58TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WEST KINGSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PITTSBURGH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0RI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1152192739
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1CASH
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BLECHMAN FOUNDATION FOR PARKINSON'S RESEARCH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DAVID BLECHMAN - FAMILY RELATIONSHIP MELISSA BLECHMAN - FAMILY RELATIONSHIP WILLIAM BLECHMAN - FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS REVIEW THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERIODIC REVIEWS ARE CONDUCTED TO ENSURE THE BLECHMAN FOUNDATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, DOING BUSINESS AS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19:
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0175083
IRS990/TotalAssetsGrp/EOYAmt053956
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt033416
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0385
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0152172
IRS990/TotalFunctionalExpensesGrp/TotalAmt0152557
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035
IRS990/TotalLiabilitiesEOYAmt034
IRS990/TotalLiabilitiesGrp/BOYAmt035
IRS990/TotalLiabilitiesGrp/EOYAmt034
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0175048
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053922
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0152172
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0234
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt031431
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0175083
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt053956
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0175048
IRS990/UnrestrictedNetAssetsGrp/EOYAmt053922
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0c/o DAVID BLECHMAN 11521 SW 72 Ct
IRS990/USAddress/CityNm0MIAMI

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,956
Liabilities
$34
Net assets
$53,922
Revenue
$31,431
Expenses
$152,557
Net income
-$121,126
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.05$0.00$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$0.07$0.00$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$1.28$3.00$1.72
2021Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$0.25$0.00$0.25
2020Detailed filing. Detailed filing data is available for this year.$3.67$0.00$3.67$2.80$0.00$2.80
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.87$0.34$0.00$0.34
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.37$0.01$0.36
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.31$1.53$1.21
2015Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.70$0.08$0.61
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.27$0.26$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$1.28$0.39$0.89