Civic Intelligence

Blalock Foundation

990 • Fiscal year 2021 • EIN 95-2018113

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 15, 2022

2001 Wilshire Boulevard 504Santa Monica, CA 90403

(310) 829-0282

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

83rd percentile

42%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

34th percentile

2.6%

Faster asset growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Revenue Growth

73rd percentile

40%

Faster revenue growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Assets

Up

$3,556,066

Up $181,084 (+5.4%) from 2019

Net Assets

Up

$3,556,066

Up $181,084 (+5.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$580,695

Up $285,608 (+97%) from 2019

Expenses

Down

$336,212

Down $20,453 (-5.7%) from 2019

Net Income

Up

$244,483

Up $306,061 (+497%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,811,035Liabilities 2011: $0Net Assets 2011: $3,811,0352011Assets 2012: $3,811,407Liabilities 2012: $0Net Assets 2012: $3,811,4072012Assets 2013: $3,741,315Liabilities 2013: $0Net Assets 2013: $3,741,3152013Assets 2014: $3,719,242Liabilities 2014: $0Net Assets 2014: $3,719,2422014Assets 2015: $3,681,852Liabilities 2015: $0Net Assets 2015: $3,681,8522015Assets 2016: $3,548,890Liabilities 2016: $0Net Assets 2016: $3,548,8902016Assets 2017: $3,465,100Liabilities 2017: $0Net Assets 2017: $3,465,1002017Assets 2018: $3,436,560Liabilities 2018: $0Net Assets 2018: $3,436,5602018Assets 2019: $3,374,982Liabilities 2019: $0Net Assets 2019: $3,374,9822019Assets 2021: $3,556,066Liabilities 2021: $0Net Assets 2021: $3,556,0662021Assets 2022: $3,652,178Liabilities 2022: $0Net Assets 2022: $3,652,1782022Assets 2023: $3,454,385Liabilities 2023: $0Net Assets 2023: $3,454,3852023Assets 2024: $3,677,751Liabilities 2024: $0Net Assets 2024: $3,677,7512024Assets 2025: $3,419,552Liabilities 2025: $0Net Assets 2025: $3,419,5522025

Highlighted filing

2021

Assets$3,556,066
Liabilities$0
Net Assets$3,556,066

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $292,579Expenses 2011: $82,213Net Income 2011: $210,3662011Revenue 2012: $201,146Expenses 2012: $200,774Net Income 2012: $3722012Revenue 2013: $206,709Expenses 2013: $276,801Net Income 2013: -$70,0922013Revenue 2014: $217,173Expenses 2014: $239,245Net Income 2014: -$22,0722014Revenue 2015: $248,303Expenses 2015: $285,693Net Income 2015: -$37,3902015Revenue 2016: $190,323Expenses 2016: $323,285Net Income 2016: -$132,9622016Revenue 2017: $160,161Expenses 2017: $243,952Net Income 2017: -$83,7912017Revenue 2018: $304,800Expenses 2018: $333,339Net Income 2018: -$28,5392018Revenue 2019: $295,087Expenses 2019: $356,665Net Income 2019: -$61,5782019Revenue 2021: $580,695Expenses 2021: $336,212Net Income 2021: $244,4832021Revenue 2022: $390,047Expenses 2022: $293,935Net Income 2022: $96,1122022Revenue 2023: $199,041Expenses 2023: $396,834Net Income 2023: -$197,7932023Revenue 2024: $188,503Expenses 2024: $132,136Net Income 2024: $56,3672024Revenue 2025: $155,703Expenses 2025: $527,524Net Income 2025: -$371,8212025

Highlighted filing

2021

Revenue$580,695
Expenses$336,212
Net Income$244,483
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jun 15, 2022
Return Version
2020v4.0
Gross Receipts
$1,547,016
Mission and Program Overview

Mission

To support and further research in improving human health and welfare

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,173,103$3,409,267▲ $236,164
Rtn Earn Endowment Incm Other Fnds$1,957,764$2,202,247▲ $244,483
Cap Stk Tr Prin Current Funds$1,353,819$1,353,819→ $0
Savings and Temporary Cash Investments$138,480$146,799▲ $8,319
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,311,583$3,556,066▲ $244,483
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,311,583$3,556,066▲ $244,483
Total Liabilities and Net Assets / Fund Balance$3,311,583$3,556,066▲ $244,483
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$216,225
Program Service Revenue
$0
Investment Income
$364,470
Other Revenue
$0
All Other Contributions
$216,225
Change in Net Assets
$244,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$289,287
Other Expenses$46,925
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$250,000--$250,000
Fees for Service Investment Mgmnt Fees-$46,426-$46,426
Grants to Domestic Individuals$39,287--$39,287
Conferences and Meetings-$394-$394
Other Expenses-$105-$105
Total Functional Expenses$289,287$46,925$0$336,212
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Regents of the Univ of CALos Angeles, CA--$250,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Form 990, Part VI, Section A, Line 6:

The Foundation has 5 members who are the trustees ("directors") and whose sole function is to elect the trustees annually

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

The return is reviewed by the president, the board of trustees and by counsel before filing.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are made available to the public upon written request.

Form 990, Part VII Contact Addresses for Officers, Directors , etc.

Andrea Cracchiolo, M.D. - 15061 Corona Del Mar Pacific Palisades, CA 90272O. Joe Hines, M.D. - 4444 Dempsey Avenue Encino, CA 91436Langston T. Holly, M.D. - 15556 High Knoll Road Encino, CA 91436Mark S. Litwin, M.D. - 9152 Monte Mar Drive Los Angeles, CA 90035David R. McAllister,M.D. - 1136 Somera Road Los Angeles, CA 90077

Form 990. Part VI, Section A, Line 7A:

The Foundation has 5 members who are the trustees ("directors") and whose sole function is to elect the trustees annually

Filing and Contact Details

Filer

Filer Name
Blalock Foundation
EIN
95-2018113
Phone
3108290282
Address
2001 Wilshire Boulevard 504, Santa Monica, CA 90403

Signing Officer

Name
Mark S Litwin MD
Title
President/Trustee
Signed
2022-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark S Litwin MD
Formed
1956
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Allegent Group LLP CPAs & Advisors
Address
5959 Topanga Cyn BlvdSte370, Woodland Hills, CA 91367
Preparer
Julie Widener CPA
Phone
8187030807
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Part I, Line 2Surgical resident travel grants are verified by receipts and expense receipts filed with the foundationSurgical redient research grants recepients are required to present reports at a meeting of the Board of Trustees of the foundation and written reports at the conclusion of the grant summarizing progress made as a result of the resident's research and how the grants funds have been utilized. Copies of written reports are maintained in the Foundation's files.

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Providing support through giving annual awards to surgical residents for thier exemplary works. Providing support to the Annual Neurosurgery and Urology Research grants, and providing honoraria to visiting professors.

Form 990, Part III, Line 4D, Other Programs Service:

Honoraria paid to visiting professors for presentation at medical symposia, attendance at medical conferences and departmental support to the UCLA Department of Neurosurgery

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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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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Surgical resident travel grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Annual Teachings Awards
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Annual Research Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Honoraria paid to visiting professo
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0The Regents of the Univ of CA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Part II (1) (h)The surgical research grants to support scholarly work of surgical residents at UCLA Medical HospitalPart III, Line 1Surgical resident travel grants are verified by receipts and expense receipts filed with the foundationPart III, Line 3Surgical resident research grants recepients are required to present reports at a meeting of the Board of Trustees of the foundation and written reports at the conclusion of the grant summarizing progress made as a result of the resident's research and how the grants funds have been utilized. Copies of written reports are maintained in the Foundation's files.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - Part I, Line 2Surgical resident travel grants are verified by receipts and expense receipts filed with the foundationSurgical redient research grants recepients are required to present reports at a meeting of the Board of Trustees of the foundation and written reports at the conclusion of the grant summarizing progress made as a result of the resident's research and how the grants funds have been utilized. Copies of written reports are maintained in the Foundation's files.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER PROGRAM SERVICES 4: Providing support through giving annual awards to surgical residents for thier exemplary works. Providing support to the Annual Neurosurgery and Urology Research grants, and providing honoraria to visiting professors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Honoraria paid to visiting professors for presentation at medical symposia, attendance at medical conferences and departmental support to the UCLA Department of Neurosurgery
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Foundation has 5 members who are the trustees ("directors") and whose sole function is to elect the trustees annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The return is reviewed by the president, the board of trustees and by counsel before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents, policies and financial statements are made available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Andrea Cracchiolo, M.D. - 15061 Corona Del Mar Pacific Palisades, CA 90272O. Joe Hines, M.D. - 4444 Dempsey Avenue Encino, CA 91436Langston T. Holly, M.D. - 15556 High Knoll Road Encino, CA 91436Mark S. Litwin, M.D. - 9152 Monte Mar Drive Los Angeles, CA 90035David R. McAllister,M.D. - 1136 Somera Road Los Angeles, CA 90077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The Foundation has 5 members who are the trustees ("directors") and whose sole function is to elect the trustees annually
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4D, Other Programs Service:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section A, Line 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VII Contact Addresses for Officers, Directors , etc.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990. Part VI, Section A, Line 7a:
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Mark S Litwin MD
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-15
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Julie Widener CPA
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ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$0.16$0.53$0.37
2024Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.19$0.13$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$0.20$0.40$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.39$0.29$0.10
2021Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$0.58$0.34$0.24
2019Summary only. Only limited summary data is available for this year.$3.37$0.00$3.37$0.30$0.36$0.06
2018Summary only. Only limited summary data is available for this year.$3.44$0.00$3.44$0.30$0.33$0.03
2017Summary only. Only limited summary data is available for this year.$3.47$0.00$3.47$0.16$0.24$0.08
2016Summary only. Only limited summary data is available for this year.$3.55$0.00$3.55$0.19$0.32$0.13
2015Summary only. Only limited summary data is available for this year.$3.68$0.00$3.68$0.25$0.29$0.04
2014Summary only. Only limited summary data is available for this year.$3.72$0.00$3.72$0.22$0.24$0.02
2013Summary only. Only limited summary data is available for this year.$3.74$0.00$3.74$0.21$0.28$0.07
2012Summary only. Only limited summary data is available for this year.$3.81$0.00$3.81$0.20$0.20$0.00
2011Summary only. Only limited summary data is available for this year.$3.81$0.00$3.81$0.29$0.08$0.21