Blockchain Acceleration Foundation EIN 83-2816450

Blockchain Acceleration Foundation

EIN  83-2816450 Public charity (501(c)(3)) Westlake Village, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Inspires future blockchain leaders with education, research, and career programs.
Leadership
Andrew Alonzo · Head of Operations · $53K
Money in and out
$318K revenue, $299K expenses
Bottom line
100% program efficiency

Inspires future blockchain leaders with education, research, and career programs. For fiscal year 2024 it reported $318K in revenue, $299K in expenses.Pt I

Where the money goes · FY2024
Total revenue
$318K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Surplus margin
+6%
revenue over expenses, this year▲ +135% vs prior filing year
Revenue trend
+52%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$318K
FY2024▲ +113%
Expenses
$299K
FY2024▲ +51%
Total assets
$37K
FY2024▼ -56%
Total liabilities
$37K
FY2024
Total revenue
$318K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$19K
Total assetsPt X · Ln 16$37K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $153K of program spending, described in the organization's own filed words · FY2024.
01

University club acceleration through hosting the dynamic university summit featuring guest speakers and students from all across the USA to host workshops and educational experiences ranging from coding workshops, student retreats, and university education.

$153Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBlockchain Acceleration Foundation
EINHdr · item D83-2816450
Principal addressHdr · item CWestlake Village, CA
WebsiteHdr · item Jwww.blockchainacceleration.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFDec 2019

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 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Head of Operations
$53,162Pt VII · Sec A
$0Pt VII · Sec A

Andrew Alonzo’s $53K as Head of Operations is at the 45th percentile of top reported officer pay among 1616 $100K–1M 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

NameFY2024FY2022
Andrew Alonzo$53,162
Alexis De Landes De Saint Palais$40,355

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
Contributions & grants$281K · 88%
Program service revenue$37K · 12%
Contributions & grants88%$281K
Program service revenue12%$37K
Total revenueLn 12$318K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$299K
Total functional expensesLn 25$299K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$37K
Total liabilitiesLn 26$37K
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $299K
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 $299K · Total expenses $299K
100%
Management & General
Management & general $0 · Total expenses $299K
0%
Fundraising
Fundraising $0 · Total expenses $299K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $281K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $281K · Total revenue $318K
88%
Government reliance
Government grants — · Total revenue $318K
Earned-income share
Program service revenue $37K · Total revenue $318K
12%
Investment reliance
Investment income $0 · Total revenue $318K
0%
Program self-sufficiency
Program service revenue $37K · Total expenses $299K
12%
Growth & trend
Revenue growth (YoY)
This year $318K · Prior year $149K
+113%
Revenue CAGR
FY2020 $60K · FY2024 $318K
+52%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $318K · Expenses $299K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $37K
Net-asset ratio
Net assets $0 · Total assets $37K
0%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $37K
0%
People & payroll
Highest Reported Total Compensation
Individual Andrew Alonzo · Reported title Head of Operations · Highest reported compensation $53K · Total expenses $299K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $53K · Total expenses $299K
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 113%
Legal fee ratio 0%
Accounting fee ratio 1%

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.

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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 (Latest)$318K revenue · viewing · ⤓ 990 PDF
FY2023$149K revenue · ⤓ 990 PDF
FY2022$133K revenue · ⤓ 990 PDF
FY2021$236K revenue · ⤓ 990 PDF
FY2020$60K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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