Bluewest Opportunities INC EIN 58-1472257

Bluewest Opportunities INC FY2023 filing

EIN  58-1472257 Public charity (501(c)(3)) Asheville, NC Founded 1984
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 7/21/26 · see original filing: IRS
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Size
$10–100M
What they do
Supports adults with intellectual disabilities and autism through housing, job training, and community activities.
Leadership
Linda Fisher · Employee · $103K
Money in and out
$12.9M revenue, $12.2M expenses
Bottom line
92% program efficiency

Supports adults with intellectual disabilities and autism through housing, job training, and community activities. For fiscal year 2023 it reported $12.9M in revenue, $12.2M in expenses, and $5.1M in net assets.Pt I

Where the money goes · FY2023
Total revenue
$12.9M
Pt VIII · Ln 12
Total expenses
$12.2M
Pt IX · Ln 25
Net assets
$5.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $670K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$12.9M
FY2023▲ +4%
Expenses
$12.2M
FY2023▲ +3%
Total assets
$6.6M
FY2023▲ +16%
Total liabilities
$1.5M
FY2023▲ +18%
Total revenue
$12.9M
Pt VIII · Ln 12
Total expenses
$12.2M
Pt IX · Ln 25
Net assets
$5.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$670K
Total assetsPt X · Ln 16$6.6M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $11.2M of program spending, described in the organization's own filed words · FY2022.
01

Provided residential care and life skills education for persons with Intellectual and Development Disabilities and for persons with Autism- 24 hours each day, 365 days of the year.

$11.2Mprogram expense
02

For the year 22/23, BlueWest Opportunities provided services and support to 65 residential clients and 30 vocational clients with intellectual disabilities across 3 counties to support them in living their best lives.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBluewest Opportunities INC
EINHdr · item D58-1472257
Principal addressHdr · item CAsheville, NC
WebsiteHdr · item Jbluewestopportunities.org
Year of formationHdr · item L1984
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G84Z)
Ruling yearIRS BMFJul 1982

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Employee
$102,885Pt VII · Sec A
Chief Executive Officer
$101,263Pt VII · Sec A
Chief Financial Officer
$100,444Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Miriam Stuart’s $102K as Chief Financial Officer is at the 2nd percentile of top reported officer pay among 249 $10–100M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Chrissie Gulden$124,469
Linda Fisher$102,885
Miriam Stuart$102,105$102,015$100,444$98,026
Tina Woody$100,794$101,282$101,263$99,419$98,720
Tammy Chandler$100,798
Jennifer Monroe$77,666

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$12.4M · 96%
Contributions & grants$468K · 4%
Program service revenue96%$12.4M
Contributions & grants4%$468K
Investment income$49K
Other revenue$10K
— government grantsLn 1e$370K
Total revenueLn 12$12.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$11.2M
Management & general8%$985K
Total functional expensesLn 25$12.2M

Balance Sheet

Part X · end of year
CashLn 1$3.7M
Total assetsLn 16$6.6M
Total liabilitiesLn 26$1.5M
Total net assetsLn 32$5.1M
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.7M · Operating expenses/yr $12.2M
3.6 months
Where the money goes
Program services
Program services $11.2M · Total expenses $12.2M
92%
Management & General
Management & general $985K · Total expenses $12.2M
8%
Fundraising
Fundraising $0 · Total expenses $12.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $104K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $468K · Total revenue $12.9M
4%
Government reliance
Government grants $370K · Total revenue $12.9M
3%
Earned-income share
Program service revenue $12.4M · Total revenue $12.9M
96%
Investment reliance
Investment income $49K · Total revenue $12.9M
0%
Program self-sufficiency
Program service revenue $12.4M · Total expenses $12.2M
101%
Growth & trend
Revenue growth (YoY)
This year $12.9M · Prior year $12.4M
+4%
Net-asset trend (YoY)
End of year $5.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $12.9M · Expenses $12.2M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $6.6M
Net-asset ratio
Net assets $5.1M · Total assets $6.6M
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Linda Fisher · Reported title Employee · Highest reported compensation $103K · Total expenses $12.2M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8.6M · Total expenses $12.2M
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 4%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$64K
Grants paid · 4 grants · $116K · 2021–2024
Unitemized GrantFY2024$23,491
Unitemized GrantFY2023$31,357
Unitemized GrantFY2022$36,364
Unitemized GrantFY2021$24,364

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$11.8M revenue · ⤓ 990 PDF
FY2024$12.3M revenue · ⤓ 990 PDF
FY2023$12.9M revenue · viewing · ⤓ 990 PDF
FY2022$12.4M revenue · ⤓ 990 PDF
FY2021$13.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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