BLUEPRINT

EIN: 200696786 501(c)(3) Education

LOS ANGELES, CA

Total Revenue
$13,757,698
Total Expenses
$6,269,920
Total Assets
$120,259,288
Net Assets
$71,609,574
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
JOHN SUN
Phone
2135424700
Tax Period
2024-01-01 to 2024-12-31

BLUEPRINT, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $13.8M in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7.5M, a strong 54% operating margin.

Mission

BLUEPRINT IS A NON-PROFIT REAL ESTATE DEVELOPMENT ORGANIZATION PROVIDING LOW-COST FACILITIES TO HIGH-QUALITY CHARTER SCHOOLS

Program Service Accomplishments

Program 1
Expenses: $5,173,137 Revenue: $2,822,323

BLUEPRINT IS ACCELERATING THE PACE OF URBAN SCHOOL REFORM AS A NON-PROFIT DEVELOPER FOR PUBLIC CHARTER SCHOOL FACILITIES. BY PARTNERING WITH SOME OF THE NATION'S HIGHEST PERFORMING ORGANIZATIONS THAT...

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BLUEPRINT IS ACCELERATING THE PACE OF URBAN SCHOOL REFORM AS A NON-PROFIT DEVELOPER FOR PUBLIC CHARTER SCHOOL FACILITIES. BY PARTNERING WITH SOME OF THE NATION'S HIGHEST PERFORMING ORGANIZATIONS THAT OPERATE SCHOOLS SERVING LOW-INCOME STUDENTS, WE ARE HELPING THESE GROUPS EXPAND AND SERVE MORE FAMILIES. WE CREATE SMALL, ACADEMICALLY-FRIENDLY, SUSTAINABLE AND ENVIRONMENTALLY-RESPONSIBLE CHARTER SCHOOL CAMPUSES AT A FRACTION OF THE "COST-PER-SEAT" INCURRED BY TRADITIONAL PUBLIC SCHOOL SYSTEMS. TO DATE, BLUEPRINT HAS COMPLETED NEARLY $1.4 BILLION IN TOTAL PROJECTS, LEVERAGING PHILANTHROPY, PRIVATE FINANCING, AND STATE FUNDING TO CREATE 115 FACILITIES SERVING 55,000 STUDENTS ACROSS MULTIPLE SCHOOL DISTRICTS AND MUNICIPALITIES. THE MAJORITY OF SCHOOLS SUPPORTED BY BLUEPRINT'S SERVICES SERVE AT LEAST 75% SOCIO-ECONOMICALLY DISADVANTAGED STUDENTS. BLUEPRINT BUILDS PUBLIC CHARTER SCHOOLS THAT PROVIDE SMALLER, MORE CUSTOMIZED LEARNING ENVIRONMENTS THAT ARE YIELDING SUPERIOR ACADEMIC RESULTS. CHARTER SCHOOLS ARE FREE PUBLIC SCHOOLS. ADMISSION IS OPEN TO ALL AND DETERMINED BY AN UNBIASED LOTTERY OF THE APPLICANTS TO THE SCHOOL. THE DEMAND FOR CHARTER SCHOOLS CONTINUES TO GROW AS MORE PARENTS BECOME AWARE OF THIS OPPORTUNITY FOR THEIR CHILDREN. BLUEPRINT IS AT THE FOREFRONT OF MAKING THIS TRANSFORMATIVE CHANGE IN K-12 PUBLIC EDUCATION. VIA THE PROJECT DEVELOPMENT PROCESS, BLUEPRINT HELPS SCHOOLS OVERCOME TREMENDOUS BARRIERS TO FIND, FINANCE, ENTITLE, BUILD AND SECURE FACILITIES. BLUEPRINT'S DEVELOPMENT FEE AND PROJECT MANAGEMENT FEES ARE BELOW MARKET AND SERVICES PROVIDED TO SCHOOLS ARE MORE EXPANSIVE THAN THOSE OFFERED IN THE MARKET. AS A LANDLORD, BLUEPRINT CHARGES A BELOW-MARKET RENT. WHEN EACH CHARTER SCHOOL TENANT REACHES A STATE OF MATURITY DEFINED BY METRICS INVOLVING ACADEMIC AND FINANCIAL PERFORMANCE AND COMMUNITY SUPPORT, BLUEPRINT WORKS WITH EACH SCHOOL'S LEADERSHIP TEAM TO SECURE LONG-TERM FINANCING TO SUPPORT THE PURCHASE OF THEIR CAMPUSES AT COST FROM BLUEPRINT. IN DOING SO, CHARTER SCHOOLS ACQUIRE REAL ASSETS AND LONG-TERM BALANCE SHEET STABILITY WHILE BLUEPRINT RECYCLES COMMITTED EQUITY SO EACH PHILANTHROPIC DOLLAR GENERATES ADDITIONAL CHARTER SCHOOL SEATS MANY TIMES OVER. BLUEPRINT'S PARTNERS CONTINUE TO INCLUDE SOME OF THE LEADING FOUNDATIONS INVOLVED IN URBAN EDUCATION REFORM. THESE ORGANIZATIONS HAVE BEEN ABLE TO SEED THE ACTIVITIES OF BLUEPRINT WITH LARGE ENOUGH SUPPORT TO JUMPSTART BLUEPRINT'S CAPITAL INTENSIVE BUSINESS MODEL.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,339,503
Program Service Revenue $2,237,471
Investment Income $2,180,041
Other Revenue $683
TOTAL REVENUE $13,757,698

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,584,478
Fundraising Expenses $68,499
Program Expenses $5,173,137
Other Expenses $1,685,442
TOTAL EXPENSES $6,269,920

Year-over-Year Comparison

2024 2023 Change
Revenue $13,757,698 $30,591,578 -0.6%
Expenses $6,269,920 $5,151,672 +0.2%
Net Income $7,487,778 $25,439,906 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
24
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$952,910
Total Directors
8
$427,674
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN SUN CEO 20.00
Officer Director
$387,854 $39,820 $427,674
KAHLMUS EATMAN COO 32.00
Officer
$236,158 $35,346 $271,504
SCARLET SY CFO 20.00
Officer
$227,139 $26,593 $253,732
JAMES HEUGAS EXEC DIR - WASH 0.00
$214,204 $34,209 $248,413
JENNIFER AFDAHL-RICE EXEC DIR - BAY 40.00
$202,081 $39,113 $241,194
MERA BAKER RAMOS GENERAL COUNSEL 20.00
$202,736 $25,540 $228,276
TINA LIN VP OF FINANCE 24.00
$201,337 $15,367 $216,704
KEIVAN ABIDI PROJECT DIRECTOR 40.00
$175,070 $31,030 $206,100
ERIC JOHNSON Chairman 1.00
Director
$0 $0 $0
ALEX BUSCH Director 1.00
Director
$0 $0 $0
REGGIE GILYARD Director 1.00
Director
$0 $0 $0
ELI KENNEDY Director 1.00
Director
$0 $0 $0
DELPHINE SHERMAN Director 1.00
Director
$0 $0 $0
ERIC SUSSMAN Secretary 1.00
Director
$0 $0 $0
DAN FISHMAN Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,757,698 $6,269,920 $120,259,288 $7,487,778
2023 $30,591,578 $5,151,672 $103,218,587 $25,439,906
2022 $12,145,309 $5,923,077 $75,865,780 $6,222,232
2021 $7,029,213 $6,155,315 $90,744,360 $873,898
2020 $7,842,752 $7,176,249 $91,179,240 $666,503
2019 $6,746,064 $7,172,653 $102,800,134 $-426,589
2018 $13,993,917 $6,257,495 $104,431,907 $7,736,422
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