BLOCKCHAIN ACCELERATION FOUNDATION

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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

2019

Legal Domicile

Principal Officer

Andrew Alonzo

Tax Period

2024-01-01 to 2024-12-31

BLOCKCHAIN ACCELERATION FOUNDATION, founded in 2019, is a small nonprofit in the Education sector that reported $318K in total revenue in fiscal year 2024. Expenses of $299K left a modest 6% surplus.

Mission

It is the mission of the Blockchain Acceleration Foundation to position itself as a global nonprofit built to advance blockchain adoption through education and impact-driven programs. The Foundation connects students, professors, researchers, builders, and industry leaders to bridge the gap between academia and industry. With a strong focus on localized growth across the US, we empower the next generation of builders to shape the future of blockchain. The organization works towards accomplishing its mission through a litany of programs, which include, but are not limited to education opportunities, workshops and hands-on learning experiences, career fairs, research, student collaboration, and public education.

Program Service Accomplishments

Program 1

Expenses: $153,248

University club acceleration through hosting the dynamic university summit featuring guest speakers and students from all across the USA to host workshops and educational experiences ranging from...

University club acceleration through hosting the dynamic university summit featuring guest speakers and students from all across the USA to host workshops and educational experiences ranging from coding workshops, student retreats, and university education. We work to be the bridge between academia and the web3 industry, and have interacted with over 1500+ students from all across the US this past 2024.

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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 $281,102

Program Service Revenue $37,092

Investment Income $0

Other Revenue $0

TOTAL REVENUE $318,194

Expense Breakdown

Grants Paid $9,190

Salaries & Benefits $53,162

Fundraising Expenses $0

Program Expenses $153,248

Other Expenses $236,921

TOTAL EXPENSES $299,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$318,194	N/A	N/A
Expenses	$299,273	N/A	N/A
Net Income	$18,921	$0	N/A

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

N/A

Independent Members

N/A

Employees

N/A

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

$53,162

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cameron Dennis	President	15.00	Officer	$0	$0	$0
Andrew Alonzo	Head of Operations	40.00	Officer	$53,162	$0	$53,162

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	$318,194	$299,273	$37,487	$18,921
2021	$235,968	$197,741	$84,822	$38,227