BLAIS 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

1999

Legal Domicile

Principal Officer

LEONARD JESSUP

Phone

9096218043

Tax Period

2019-07-01 to 2020-06-30

BLAIS FOUNDATION, founded in 1999, is a small nonprofit that reported $490K in total revenue in fiscal year 2019. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $145K, a strong 30% operating margin.

Mission

THE FOUNDATION WAS CREATED TO SUPPORT CLAREMONT GRADUATE UNIVERSITY'S INTERCOLLEGIATE PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $345,000

SUPPORT OF CLAREMONT GRADUATE UNIVERSITY'S INTERCOLLEGIATE PROGRAMS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $490,011

Other Revenue $0

TOTAL REVENUE $490,011

Expense Breakdown

Grants Paid $345,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $345,000

Other Expenses $0

TOTAL EXPENSES $345,000

Year-over-Year Comparison

	2019	2018	Change
Revenue	$490,011	$579,535	-0.2%
Expenses	$345,000	$345,000	N/A
Net Income	$145,011	$234,535	-0.4%

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

N/A

Volunteers

N/A

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

$1,027,990

Total Directors

$1,067,777

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD JESSUP	CHAIR	2.00	Officer Director	$0	$73,215	$578,128
PATRICIA EASTON	OFFICER	1.00	Officer	$0	$63,308	$331,356
JACOB ADAMS	FORMER CHAIR	0.00		$0	$49,829	$330,968
LESLIE NEGRITTO	DIRECTOR	2.00	Director	$0	$58,086	$325,694
ALLEN OMOTO	DIRECTOR	1.00	Director	$0	$18,542	$163,955
JAMES IRWIN	TREASURER	1.00	Officer	$0	$17,354	$118,506
ROBERT LOVELACE	DIRECTOR	0.60	Director	$0	$0	$0
JOSEPH HOUGH	SECRETARY	0.60	Officer	$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
2020	$490,011	$345,000	$9,998,720	$145,011
2020	$239,814	$10,238,534	No data	$-9,998,720
2019	$579,535	$345,000	$9,983,042	$234,535
2018	$628,698	$345,000	$9,858,903	$283,698