BLESSMAN INTERNATIONAL INC

EIN: 421523757 501(c)(3) Diseases & Disorders

URBANDALE, IA

Total Revenue
$1,553,612
Total Expenses
$1,419,317
Total Assets
$1,887,866
Net Assets
$1,742,772
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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
IA
Principal Officer
JEFF OSTRANDER
Phone
5153435920
Tax Period
2023-01-01 to 2023-12-31

BLESSMAN INTERNATIONAL INC, founded in 2001, is a community nonprofit in the Diseases & Disorders sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.4M left a modest 9% surplus.

Mission

BLESSMAN INTERNATIONAL, INC. EXISTS TO HELP MEET THE PHYSICAL, EDUCATIONAL, EMOTIONAL, AND SPIRITUAL NEEDS OF THE PEOPLE OF SOUTH AFRICA, WITH SPECIAL ATTENTION TO CHILDREN, BY PROVIDING NUTRITIONAL SUPPORT, HOUSING, SKILLS TRAINING, PASTORAL TRAINING, AND BASIC NECESSITIES.

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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 $1,471,013
Program Service Revenue $108,257
Investment Income $-1,396
Other Revenue $-24,262
TOTAL REVENUE $1,553,612

Expense Breakdown

Grants Paid $745,642
Salaries & Benefits $402,734
Fundraising Expenses $230,334
Program Expenses $1,001,994
Other Expenses $270,941
TOTAL EXPENSES $1,419,317

Year-over-Year Comparison

2023 2022 Change
Revenue $1,553,612 $2,352,480 -0.3%
Expenses $1,419,317 $2,358,902 -0.4%
Net Income $134,295 $-6,422 -21.9%
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
11
Independent Members
9
Employees
10
Volunteers
95

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
6
$37,781
Total Directors
9
$777
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SEABERG US OPS DIRECTOR 40.00
Officer
$32,760 $0 $32,760
LARRY VANDERPOOL TOP FIN OFFICER 20.00
Officer
$5,021 $0 $5,021
C BETH BLESSMAN Director 30.00
Director
$777 $0 $777
JAMES L BLESSMAN CHAIRMAN/CEO 40.00
Officer Director
$0 $0 $0
FORREST RIDGWAY III VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
JEFF OSTRANDER Treasurer 0.50
Officer Director
$0 $0 $0
BARBARA HALVERSON Secretary 1.50
Officer Director
$0 $0 $0
DICK MATHSON Director 0.50
Director
$0 $0 $0
GARY GOODHALL Director 0.50
Director
$0 $0 $0
GLENN DESTIGTER Director 1.50
Director
$0 $0 $0
SCOTT BLESSMAN Director 0.50
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 $1,553,612 $1,419,317 $1,887,866 $134,295
2023 $3,254,072 $3,119,777 $1,887,984 $134,295
2023 $3,276,572 $3,142,277 $1,887,984 $134,295
2022 $2,352,480 $2,358,902 $1,567,526 $-6,422
2021 $2,674,746 $2,242,452 $1,710,077 $432,294
2020 $1,542,401 $1,718,051 $693,663 $-175,650
2019 $1,667,140 $1,698,446 $875,337 $-31,306
2018 $1,659,560 $1,624,952 $937,250 $34,608
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