Blackstone Franklin Square Neighborhood Assoc Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATIONS' PRIMARY EXEMPT PURPOSES ARE TO PROVIDE A FORUM FOR THE OPINION OF ITS MEMBERS. TO WORK TO IMPROVE THE SOCIAL AND PHYSICAL CONDITIONS OF THE NEIGHBORHOOD, WITH AN EYE TO PRESERVING ITS DIVERSITY AND THOSE SOCIAL AND PHYSICAL CHARACTERISTICS OF POSITIVE VALUE TO THE AREA. TO REPRESENT THE MEMBERS AND ACT AS THEIR VOICE IN DEALING WITH OTHER INDIVIDUALS, ORGANIZATIONS OR GOVERNMENTAL AUTHORITIES. TO SPONSOR POSITIVE PROJECTS FOR THE BENEFIT OF THE NEIGHBORHOOD.
- Income
- $32,950
- Spending
- $59,317
- Reserves
- 25.9 months of spending
- Largest source of income
- donations and private grants, 85%
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 79 out of 100.
Reserves
35 of 35Spendable reserves would cover 25.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 80% of income.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- THE 2022 BFSNA SCHOLARSHIP FUND AWARDS WERE MADE AT A JUNE 2022 CEREMONY HELD AT ESTRAGON RESTAURANT. A TOTAL OF OVER $25,000 WAS AWARDED TO FOURTEEN STUDENTS RESIDING, ATTENDING SCHOOL OR PARTICIPATING IN YOUTH ORGANIZATIONS IN THE SOUTH END. THE SCHOLARSHIP FUND'S 2021 ROUND AWARDED $35,000 TO FOURTEEN STUDENTS.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1983.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.