Blu Educational Foundation EIN 59-3823989

Blu Educational Foundation FY2021 filing

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Empowers youth, adults, and families with education and services to build strong communities. For fiscal year 2021 it reported $883K in revenue, $467K in expenses, and $533K in net assets.Pt I

Founded
2008
Type
Public charity (501(c)(3)) · Education
Location
San Bernardino, CA
Website
bluedfoundation.org
Filings
4 on file (2021–2021)
Revenue
$883KFY2021
Expenses
$467K
Net assets
$533K
People
0
Filings
4
Updates
0
More identity details & actions ⌄
EIN  59-3823989 Public charity (501(c)(3)) San Bernardino, CA Founded 2008
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/2/26 · see original: IRS
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Size
$1–10M
What they do
Empowers youth, adults, and families with education and services to build strong communities.
Money in and out
$883K revenue, $467K expenses
Bottom line
+47% surplus margin
Where the money goes · FY2021
Total revenue
$883K
Pt VIII · Ln 12
Total expenses
$467K
Pt IX · Ln 25
Net assets
$533K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $416K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.05 Fundraising $0.02
Surplus margin
+47%
revenue over expenses, this year
Donor-funded
89%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$883K
FY2021
Expenses
$467K
FY2021
Total assets
$533K
FY2021
Total liabilities
$0
FY2021
Total revenue
$883K
Pt VIII · Ln 12
Total expenses
$467K
Pt IX · Ln 25
Net assets
$533K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$416K
Total assetsPt X · Ln 16$533K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBlu Educational Foundation
EINHdr · item D59-3823989
Principal addressHdr · item CSan Bernardino, CA
WebsiteHdr · item Jbluedfoundation.org
Year of formationHdr · item L2008
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFFeb 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported

Dina Walker’s $150K as President & CEO is at the 64th percentile of top reported officer pay among 3393 $1–10M education 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 · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022
Dina Walker$150,000$185,002$166,963$135,200
Ronique Chambers$51,036$47,281$7,150

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.

See Blu Educational Foundation executive salaries →

Statement of Revenue

Part VIII
Contributions & grants$782K · 89%
Other revenue$101K · 11%
Contributions & grants89%$782K
Other revenue11%$101K
Total revenueLn 12$883K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.05 Fundraising $0.02
Program services93%$436K
Management & general5%$24K
Fundraising2%$7K
Total functional expensesLn 25$467K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$533K
Total liabilitiesLn 26$0
Total net assetsLn 32$533K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $467K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $467K
Management & General
Management & general — · Total expenses $467K
Fundraising
Fundraising — · Total expenses $467K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $782K · Total revenue $883K
89%
Government reliance
Government grants — · Total revenue $883K
Earned-income share
Program service revenue — · Total revenue $883K
Investment reliance
Investment income — · Total revenue $883K
Program self-sufficiency
Program service revenue — · Total expenses $467K
Growth & trend
Revenue growth (YoY)
This year $883K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $533K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $883K · Expenses $467K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $533K
Net-asset ratio
Net assets $533K · Total assets $533K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $533K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $467K
No individual compensation reported on this filing
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $467K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 5%
Fundraising cost ratio 0.9%

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 · FY2025
Total grants receivedfrom 1 funder$30K
Grants paid · 11 grants · $825K · 2021–2024
Curls Coils and CrownsFY2024$85,000
Unitemized GrantFY2024$83,500
The Love ProgramFY2024$75,000
Emerging Beauty INCFY2024$60,000
National Black GradsFY2024$40,000
Unitemized GrantFY2023$226,225
The Love ProgramFY2023$75,000
Emerging Beauty INCCA · FY2023$50,000
Curls Coils & CrownsCA · FY2023$50,000
Unitemized GrantFY2022$32,200
Unitemized GrantFY2021$48,000

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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
FY2024$2.4M revenue · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.4M revenue · ⤓ 990 PDF
FY2021$883K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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