Blalock Foundation EIN 95-2018113

Blalock Foundation

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Funds research to improve human health and welfare. For fiscal year 2025 it reported $156K in revenue, $528K in expenses, and $3.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Woodland Hills, CA
Filings
4 on file (2021–2025)
Revenue
$156KFY2025
Expenses
$528K
Net assets
$3.4M
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  95-2018113 Public charity (501(c)(3)) Woodland Hills, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds research to improve human health and welfare.
Leadership
Money in and out
$156K revenue, $528K expenses
Bottom line
87% program efficiency
Where the money goes · FY2025
Total revenue
$156K
Pt VIII · Ln 12
Total expenses
$528K
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$372K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs▲ +39% vs prior filing year
Operating runway
77.8mo
months of highly liquid reserves at operating expense rate▼ -77% vs prior filing year
Surplus margin
-239%
revenue over expenses, this year▼ -899% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$156K
FY2025▼ -17%
Expenses
$528K
FY2025▲ +299%
Total assets
$3.4M
FY2025▼ -7%
Total liabilities
$0
FY2025
Total revenue
$156K
Pt VIII · Ln 12
Total expenses
$528K
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$372K
Total assetsPt X · Ln 16$3.4M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $457K of program spending, described in the organization's own filed words · FY2024.
01

Providing support through ten research grants to The Regents of the University of California to support the work of resident physicians.

$440Kprogram expense
02

Providing support through payment of travel grants to surgical resident physicians at UCLA to facilitate presentation by them of papers at educational medical symposia and conferences

$13Kprogram expense
03

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.

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBlalock Foundation
EINHdr · item D95-2018113
Principal addressHdr · item CWoodland Hills, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G9BZ)
Ruling yearIRS BMFOct 1957

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Trustee/Pres.
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee/Tres/Se
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$139K · 89%
Contributions & grants$17K · 11%
Investment income89%$139K
Contributions & grants11%$17K
Total revenueLn 12$156K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$457K
Management & general13%$70K
Total functional expensesLn 25$528K

Balance Sheet

Part X · end of year
CashLn 1$172K
Total assetsLn 16$3.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$3.4M
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.4M · Operating expenses/yr $528K
77.8 months
Where the money goes
Program services
Program services $457K · Total expenses $528K
87%
Management & General
Management & general $70K · Total expenses $528K
13%
Fundraising
Fundraising $0 · Total expenses $528K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $62K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $17K · Total revenue $156K
11%
Government reliance
Government grants — · Total revenue $156K
Earned-income share
Program service revenue $0 · Total revenue $156K
0%
Investment reliance
Investment income $139K · Total revenue $156K
+89%
Program self-sufficiency
Program service revenue $0 · Total expenses $528K
0%
Growth & trend
Revenue growth (YoY)
This year $156K · Prior year $189K
-17%
Revenue CAGR
FY2020 $581K · FY2024 $156K
-28%
Net-asset trend (YoY)
End of year $3.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $156K · Expenses $528K
-239%
Liabilities-to-Assets
Total liabilities — · Total assets $3.4M
Net-asset ratio
Net assets $3.4M · Total assets $3.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.2M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.4M
95%
People & payroll
Highest Reported Total Compensation
Individual Andrea Cracchiolo MD · Reported title Trustee · Highest reported compensation $0 · Total expenses $528K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $528K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth -17%
Investment management fee ratio 1%
Legal fee ratio 4%
Accounting fee ratio 1%
Fundraising 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 2 funders$77K
Grants paid · 15 grants · $1.2M · 2020–2024
Regents Univ of CaliforniaCA · FY2024$440,173
Unitemized GrantFY2024$13,388
Unitemized GrantFY2024$3,500
Regents Univ of CaliforniaCA · FY2023$57,507
Unitemized GrantFY2023$14,078
Unitemized GrantFY2023$8,250
Unitemized GrantFY2023$2,654
Regents Univ of CaliforniaCA · FY2022$325,000
Unitemized GrantFY2022$15,405
Unitemized GrantFY2022$6,500
Regents Univ of CaliforniaCA · FY2020$250,000
Unitemized GrantFY2020$33,037
Unitemized GrantFY2020$3,250
Unitemized GrantFY2020$1,500
Unitemized GrantFY2020$1,500

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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)$156K revenue · viewing · ⤓ 990 PDF
FY2024$189K revenue · ⤓ 990 PDF
FY2023$199K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$581K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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