Blue Meridian Partners Inc
97% goes to programs $3 to raise $100 Strong reserves
Blue Meridian Partners Inc is a 501(c)(3) organization based in New York, New York, registered in 2017, with $199,491,359 in FY2023 revenue. CharityIndex grades it C, and it directs about 97% of spending to programs.
477 Madison Ave6th Floor, New York, NY, 10022 EIN 81-5086187 Since 2017
Revenue (FY2023)
$199.5M
▼ 43.5% vs prior year
Human Services median: $293K
Expenses (FY2023)
$404.5M
Net assets
$2.1B
Employees
93
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating97% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Blue Meridian Partners Inc: 97% to programs · $3 to raise $100 earns a A+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating61 mo reserves · -103% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blue Meridian Partners Inc: 61 mo reserves · -103% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Blue Meridian Partners Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blue Meridian Partners Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Blue meridian partners finds and funds scalable solutions to problems that trap america's youth and families in poverty and limit economic mobility.
Contact & location
- Address
- 477 Madison Ave6th Floor, New York, NY, 10022
- City
- New York
- State
- New York
- Category
- Human Services
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $115.8M (FY2017) to $199.5M (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.8MNet assets $2.1B
Operating margin
-102.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$12.8M
Net assets
$2.1B
Salaries & benefits
$29.7M
7% of expenses
Board members
10
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $199,491,359▼43.5% | $404,510,408▼16.0% | $2,052,525,054▼9.0% | $2,065,309,464▼8.7% | 990 |
| 2022 | $353,322,309▼70.9% | $481,659,709▲16.7% | $2,254,701,370▼5.9% | $2,261,435,517▼5.8% | 990 |
| 2021 | $1,212,525,156▲545% | $412,725,187▼0.1% | $2,396,650,508▲46.4% | $2,400,151,638▲46.3% | 990 |
| 2020 | $188,069,635▼79.3% | $413,006,128▲27.1% | $1,637,341,842▼11.7% | $1,640,549,641▼12.0% | 990 |
| 2019 | $907,776,309▲366% | $324,916,069▲118% | $1,854,960,405▲1955% | $1,863,793,077▲1953% | 990 |
| 2018 | $194,934,237▲68.3% | $148,847,138▲106% | $90,266,350▲106% | $90,769,045▲106% | 990 |
| 2017 | $115,824,676 | $72,093,644 | $43,904,507 | $44,044,116 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Nancy Roob — $1,203,245 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nancy Roob | Ceo | 50 | $1,203,245 |
| James H Shelton President | Chief Investment and Impact Officer | 50 | $895,411 |
| Kay Nemoto Chief Financial | Business Officer & Treasurer | 50 | $694,776 |
| Tia Breakley Chief Strat | Develop. Off./chief Govern. Off. | 50 | $614,625 |
| Kelly L Campbell | Man. Dir., Portfolio Strategy & Mgmt | 50 | $611,784 |
| Micah L Carr | Chief Branding Officer | 50 | $577,806 |
| Cecilia Gutierrez | Man. Dir., Portfolio Strategy & Mgmt | 50 | $557,930 |
| Mindy S Tarlow Man Dir Portfolio | Strategy & Mgmt (until 12/31/23) | 50 | $542,024 |
| Lissette Rodriguez | Man. Dir., Portfolio Strategy & Mgmt | 50 | $531,454 |
| Elizabeth Pawlson | Man. Dir., Portfolio Strategy & Mgmt | 50 | $516,418 |
| Malgorzata Long | Man. Dir., Portfolio Strategy & Mgmt | 50 | $508,020 |
| Spencer Kympton | Man. Dir., Portfolio Strategy & Mgmt | 50 | $494,430 |
| Albert Chung | Corporate Secretary (from 1/16/24) | 50 | $460,912 |
| Ralph Stefano Former Treasurer | Secretary/cfo | 50 | $445,549 |
| Tiffany Gueye | Former Senior Advisor | 50 | $312,509 |
| Geoffrey Canada See Sch O | Director | 5 | $60,000 |
| Connie Ballmer | Director | 2 | — |
| George Pavlov | Director | 2 | — |
| James M Clark | Director | 2 | — |
| Kevin W Kennedy | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| The Bridgespan Group | Program and Grantee Consulting | $4,388,493 |
| Ernst & Young Us LLP | Strategy Development Consulting | $2,414,876 |
| Mckinsey & Company | Program Advisory Services | $1,400,000 |
| Patterson Belknap Webb | Legal Consultant | $791,921 |
| Portter Novelli | Branding and Communications Consulting | $579,444 |
Grants received · $766.6M total
23 grants to Blue Meridian Partners Inc totaling $766.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $101,082,500 |
| Ascendium Education Solutions Inc | Grant, blue meridian partners impact investment | 2024 | $3,000,000 |
| National Philanthropic Tr | Environment, animals | 2023 | $150,000,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2023 | $96,914,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,000,000 |
| Ascendium Education Solutions Inc | Blue meridian partners impact investment | 2023 | $3,000,000 |
| George Kaiser Family Foundation | Local and national efforts | 2023 | — |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2022 | $108,041,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $10,000,000 |
| George Kaiser Family Foundation | Local and national efforts | 2022 | — |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2021 | $93,642,000 |
| National Philanthropic Tr | Human services | 2021 | $50,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000,000 |
| Tides Center | Healthy individuals and communities | 2021 | $2,510,730 |
Grants made · $352.9M in FY2023
95 grants totaling $352.9M in FY2023 — showing the 15 largest. All grants made by Blue Meridian Partners Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Youth Villages Inc | To support scaling plan | $37,000,000 |
| Grameen America Inc | To support scaling plan | $22,365,600 |
| Oakland Promise | To support economic mobility | $21,816,000 |
| Tulsa Community Foundation | To support scaling plan | $18,000,000 |
| Merit America | To support scaling plan | $15,500,000 |
| Policylink | To support economic mobility | $14,800,000 |
| Harlem Childrens Zone Inc | To support economic mobility | $12,925,000 |
| United Negro College Fund Inc | To support scaling plan | $12,470,000 |
| Partnership For Ed Advancement Inc | To support scaling plan | $11,420,000 |
| Commit2dallas | To support economic mobility | $10,000,000 |
| National Domestic Workers Alliance Inc | To support scaling plan | $9,100,000 |
| Vera Institute of Justice Inc | To support scaling plan | $9,000,000 |
| Dave Thomas Foundation For Adoption | To support scaling plan | $8,889,000 |
| Purpose Built Communities Foundation Inc | To support economic mobility | $8,551,000 |
| Upstream USA Inc | To support scaling plan | $7,200,000 |
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Compare Blue Meridian Partners Inc
Frequently asked questions
- Is Blue Meridian Partners Inc a legitimate nonprofit?
- Yes. Blue Meridian Partners Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-5086187, based in New York, New York. Donations are tax-deductible.
- What is Blue Meridian Partners Inc's EIN?
- Blue Meridian Partners Inc's Employer Identification Number (EIN) is 81-5086187.
- How much revenue does Blue Meridian Partners Inc report?
- Blue Meridian Partners Inc reported $199,491,359 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Blue Meridian Partners Inc's spending goes to programs?
- Blue Meridian Partners Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blue Meridian Partners Inc have?
- CharityIndex grades Blue Meridian Partners Inc C, based on program efficiency and fundraising cost.
- How much does Blue Meridian Partners Inc's highest-paid employee make?
- The highest reported compensation on Blue Meridian Partners Inc's latest Form 990 is $1,203,245, paid to Nancy Roob (Ceo).
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Data for Blue Meridian Partners Inc (EIN 81-5086187) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.