THE BLUE CARD FOUNDATION

EIN: 262620689 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$150,000
Total Expenses
$321,019
Total Assets
$138,025
Net Assets
$138,025
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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
2008
Legal Domicile
NY
Principal Officer
ELIE RUBINSHTEIN
Phone
2128101661
Tax Period
2023-01-01 to 2023-12-31

THE BLUE CARD FOUNDATION, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $150K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $321K exceeded revenue, resulting in a 114% operating deficit.

Mission

PROVIDE SUPPORT TO THE MISSION AND PROJECTS OF THE BLUE CARD, INC.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $150,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $150,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $123,000
Other Expenses $321,019
TOTAL EXPENSES $321,019

Year-over-Year Comparison

2023 2022 Change
Revenue $150,000 $320,300 -0.5%
Expenses $321,019 $259,315 +0.2%
Net Income $-171,019 $60,985 -3.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Milana Hazan PRESIDENT 2.00
Director
$0 $0 $0
Mitch Pinsky DIRECTOR 2.00
Director
$0 $0 $0
Leonard Petlakh TREASURE 2.00
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 No data No data No data No data
2023 $150,000 $321,019 $138,025 $-171,019
2022 $320,300 $259,315 $205,900 $60,985
2021 $100,000 $135,430 $139,930 $-35,430
2020 $200,000 $60 $199,960 $199,940
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