BUSINESS LEADERSHIP ORGANIZED FOR … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

ROBERT J DELANY SR

Phone

4847031090

Tax Period

2024-07-01 to 2025-06-30

BUSINESS LEADERSHIP ORGANIZED FOR CATHOLIC SCHOOLS, founded in 2001, is a major nonprofit in the Education sector that reported $213.6M in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112.9M, a strong 53% operating margin.

Mission

BLOCS BRIDGES THE BUSINESS COMMUNITY AND INDIVIDUALS WITH SCHOOLS IN PENNSYLVANIA TO ESTABLISH FINANCIAL ASSISTANCE TO FAMILIES IN NEED, BOLSTER SCHOOL INFRASTRUCTURES, AND EXPAND EDUCATIONAL OPPORTUNITIES FOR FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $98,673,948 Revenue: $0

PENNSYLVANIA BUSINESSES AND INDIVIDUAL TAXPAYERS HAVE PARTICIPATED IN THE EITC, OSTC AND PRE-K TAX CREDIT PROGRAMS OFFERED BY THE STATE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT (DCED). THE...

PENNSYLVANIA BUSINESSES AND INDIVIDUAL TAXPAYERS HAVE PARTICIPATED IN THE EITC, OSTC AND PRE-K TAX CREDIT PROGRAMS OFFERED BY THE STATE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT (DCED). THE SIGNIFICANT CONTRIBUTIONS AND PARTICIPATION PROVIDED BY THESE BUSINESSES AND INDIVIDUALS ALLOWED BLOCS TO AWARD OVER 19,000 CATHOLIC AND PRIVATE SCHOOL SCHOLARSHIPS TO NUMEROUS COUNTIES IN PENNSYLVANIA FOR FAMILIES IN FINANCIAL NEED.SEE SCHEDULE O.FOR THIS YEAR, BLOCS HAS WORKED WITH CLOSE TO 200 BUSINESSES AND OVER 2,000 INDIVIDUAL TAXPAYERS TO TAKE ADVANTAGE OF OVER $200 MILLION IN TAX CREDITS. HOWEVER, THE NEED FOR ADDITIONAL FINANCIAL ASSISTANCE REMAINS SIGNIFICANT AS BLOCS RECEIVED OVER 30,000 APPLICATIONS AND OVER $100 MILLION DOLLARS IN QUALIFIED NEED. BLOCS THROUGH THE SCHOLARSHIP COMMITTEE HAS ESTABLISHED AN EMERGENCY SCHOLARSHIP PROGRAM WHICH REVIEWS EMERGENCY REQUESTS FOR FINANCIAL ASSISTANCE FOR FAMILIES BASED ON EXTENUATING CIRCUMSTANCES THAT GREATLY AFFECT A FAMILY'S INCOME AND ABILITY TO PAY FOR EDUCATION. FOR THE CURRENT YEAR, BLOCS PROVIDED SUPPORT OF APPROXIMATELY $595,000. BLOCS HAS ALSO DEVELOPED THE URBAN ENDOWMENT INITIATIVE TO SUSTAIN TARGETED SCHOOLS IN POOR AND LOW PERFORMING SCHOOL DISTRICT AREAS. UNDER THIS INITIATIVE, NINE SCHOOLS WORK WITH BLOCS TO ADOPT SUCCESSFUL PRACTICES IN MARKETING AND MANAGEMENT. THE SCHOOLS MAINTAIN AN OPEN ENROLLMENT POLICY AND BLOCS ASSISTS THE SCHOOLS TO HELP MEET OPERATIONAL NEEDS THROUGH ENDOWMENT DISTRIBUTIONS. FOR THE CURRENT YEAR THIS SUPPORT TOTALED APPROXIMATELY $1 MILLION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $207,716,876

Program Service Revenue $0

Investment Income $6,061,577

Other Revenue $-180,904

TOTAL REVENUE $213,597,549

Expense Breakdown

Grants Paid $95,343,008

Salaries & Benefits $2,910,838

Fundraising Expenses $237,002

Program Expenses $98,673,948

Other Expenses $2,469,414

TOTAL EXPENSES $100,723,260

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,597,549	$108,514,791	+1.0%
Expenses	$100,723,260	$99,275,278	+0.0%
Net Income	$112,874,289	$9,239,513	+11.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$423,097

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL LARKIN	DIRECTOR	1.00	Director	$0	$0	$0
BILL STREICH	DIRECTOR	1.00	Director	$0	$0	$0
BRAD WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CASSIDY	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN HANNAN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MCELWEE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN VESEY	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE BERNIER	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL ASTOLFI	DIRECTOR	1.00	Director	$0	$0	$0
DONALD SALESKI	DIRECTOR	1.00	Director	$0	$0	$0
DORAE SUDELL	DIRECTOR	1.00	Director	$0	$0	$0
FRANCIS VAN KIRK	DIRECTOR	1.00	Director	$0	$0	$0
GARY DEVITO	DIRECTOR	1.00	Director	$0	$0	$0
JB BLAUVELT	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY CORON	DIRECTOR	1.00	Director	$0	$0	$0
JERRY BUCKLEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCDONALD	DIRECTOR (THRU 5/25)	1.00	Director	$0	$0	$0
JOHN J MCGONIGAL JR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SPAGNOLA	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH CHOTT	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN O'MALLEY	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN HILLSLEY	DIRECTOR	1.00	Director	$0	$0	$0
MARTY CONNOR	DIRECTOR (THRU 5/25)	1.00	Director	$0	$0	$0
MATTHEW TOPLEY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL F YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PRENDERGAST	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SAVAGE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE O'MARA	DIRECTOR	1.00	Director	$0	$0	$0
NATALIA DOMINGUEZ BUCKLEY	DIRECTOR	1.00	Director	$0	$0	$0
NICK CIOCCA	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE CANIGLIA	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BECKER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL LEARY	DIRECTOR	1.00	Director	$0	$0	$0
SEAN FLYNN	DIRECTOR	1.00	Director	$0	$0	$0
SEAN P FAHEY	DIRECTOR	1.00	Director	$0	$0	$0
TOM GALLAGHER	DIRECTOR	1.00	Director	$0	$0	$0
TOM SHOEMAKER	DIRECTOR	1.00	Director	$0	$0	$0
TRACY BRALA	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM MATTHEWS III	DIRECTOR	1.00	Director	$0	$0	$0
ARCHBISHOP NELSON PEREZ	HONORARY CHAIRMAN (NON-VOTING)	1.00	Officer Director	$0	$0	$0
MATT MCFILLIN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRIAN GALLAGHER	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT J DELANY SR	CHIEF EXECUTIVE OFFICER	40.00	Officer	$113,077	$18,510	$131,587
THEODORE AICHER	CHIEF FINANCIAL OFFICER (THRU 1/25)	40.00	Officer	$266,947	$24,563	$291,510
DAVID BEAUPRE	CFO AND SECRETARY	40.00	Officer	$0	$0	$0
JEFFREY GIBSON	DIRECTOR OF DEVELOPMENT	40.00	Highest	$208,828	$10,925	$219,753
JAMES DOWNEY	DIRECTOR OF DEVELOPMENT	40.00	Highest	$158,968	$40,363	$199,331
KATHLEEN HARVEY	DIRECTOR OF REVENUE OPTIMIZATION	40.00	Highest	$137,294	$43,000	$180,294
KATIE ROSE THORNTON	MARKETING DIRECTOR (THRU 12/24)	40.00	Highest	$132,294	$13,831	$146,125
STEPHANIE MAIOCCO	DEVELOPMENT MANAGER	40.00	Highest	$137,493	$11,801	$149,294
DAVID ROWAN	FORMER CHIEF EXECUTIVE OFFICER	0.00		$439,428	$26,916	$466,344

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
2025	$213,597,549	$100,723,260	$255,517,927	$112,874,289
2024	$108,514,791	$99,275,278	$137,291,736	$9,239,513
2023	$115,044,615	$76,860,151	$128,389,254	$38,184,464
2022	$72,219,078	$57,087,105	$88,869,360	$15,131,973
2021	$55,644,917	$54,750,940	$82,544,630	$893,977
2020	$51,436,216	$47,145,147	$75,937,687	$4,291,069
2019	$46,158,527	$39,116,622	$73,742,413	$7,041,905
2018	$39,174,156	$28,839,052	$58,782,585	$10,335,104

BUSINESS LEADERSHIP ORGANIZED FOR CATHOLIC SCHOOLS