Civic Intelligence

Blade Uam Foundation Inc

EIN 85-1528393 • 501(c)3 • New York, NY

Profile

The foundation was formed to engage in charitable and philanthropic activities in the markets blade urban air mobility inc. Services. This includes drive-in events for local food banks, and will potentially include other events or activities throughout future years.

55 Hudson Yards 14th FLNew York, NY 10001

www.blade.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

Score unavailable

No value available

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

Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$54,633

Down $75,996 (-58%) from 2021

Liabilities

Up

$49,975

Up $40,179 (+410%) from 2021

Net Assets

Down

$4,658

Down $116,175 (-96%) from 2021

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2021

Expenses

Up

$116,175

Up $105,777 (+1017%) from 2021

Net Income

Down

-$116,175

Down $105,777 (-1017%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$150K$100K$50K$0Assets 2020: $131,231Liabilities 2020: $0Net Assets 2020: $131,2312020Assets 2021: $130,629Liabilities 2021: $9,796Net Assets 2021: $120,8332021Assets 2022: $54,633Liabilities 2022: $49,975Net Assets 2022: $4,6582022

Highlighted filing

2022

Assets$54,633
Liabilities$49,975
Net Assets$4,658
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100K-$200KRevenue 2020: $224,747Expenses 2020: $93,516Net Income 2020: $131,2312020Revenue 2021: $0Expenses 2021: $10,398Net Income 2021: -$10,3982021Revenue 2022: $0Expenses 2022: $116,175Net Income 2022: -$116,1752022

Highlighted filing

2022

Revenue$0
Expenses$116,175
Net Income-$116,175
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$54,633
Liabilities
$49,975
Net assets
$4,658
Revenue
$0
Expenses
$116,175
Net income
-$116,175
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.50$0.05$0.00$1.16$1.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.10$1.21$0.00$0.10$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$1.31$2.25$0.94$1.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 18, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The foundation was formed to engage in charitable and philanthropic activities in the markets blade urban air mobility inc. Services. This includes drive-in events for local food banks, and will potentially include other events or activities throughout future years.

See part 3the foundation's specific objectives and purposes are to organize fundraising events for the purpose of making grants to various local organizations in need in communities throughout the country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$65,625$0▼ $65,625
Cash and Non-Interest-Bearing Accounts$65,004$54,633▼ $10,371
Rtn Earn Endowment Incm Other Fnds$120,833$4,658▼ $116,175
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$130,629$54,633▼ $75,996
Liabilities
Accounts Payable and Accrued Expenses$9,796$49,975▲ $40,179
Total Liabilities$9,796$49,975▲ $40,179
Net Assets / Fund Balance
Total Net Assets Fund Balance$120,833$4,658▼ $116,175
Total Liabilities and Net Assets / Fund Balance$130,629$54,633▼ $75,996
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Melissa TomkielDirector
Rob WiesenthalDirector
Amir CohenCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-116,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,175
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-$49,975-$49,975
Other Expenses-$75-$75
Total Functional Expenses$0$116,175$0$116,175
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
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
No
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 foundation's cfo, amir cohen, reviews a copy of form 990 and approves the filing based on the information reporting the events that occured during the tax year.”

Form 990, Part VI, Section C, Line 19

“Blade urban air mobility foundation is in compliance under section 501(c)(3) making its governing documents and financial statements available to the public via the organization's website.”

Filing and Contact Details

Filer

Filer Name
Blade Uam Foundation Inc
EIN
85-1528393
Phone
9083914856
Address
55 HUDSON YARDS 14TH FL, NEW YORK, NY 10001

Signing Officer

Name
Amir Cohen
Title
CFO
Phone
9083914856
Signed
2023-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amir Cohen
Formed
2020
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Eisner Advisory Group LLC
Address
111 WOOD AVENUE SOUTH, ISELIN, NJ 08830-2700
Preparer
Michael Hadjiloucas
Phone
7322437000
Raw XML Appendix337 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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IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0REIMBURSEMENT OF 2020 - 2022 ACCOUNTING FEES
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1NYS CHAR500 FILING FEE
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2WRITE-OFF OF BAD DEBTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BLADE URBAN AIR MOBILITY FOUNDATION IS IN COMPLIANCE UNDER SECTION 501(C)(3) MAKING ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA THE ORGANIZATION'S WEBSITE.
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMIR COHEN
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLADE UAM FOUNDATION INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerPersonGrp/PhoneNum07322437000
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ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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