Friends of Blbp
Nonprofit profile at a glance
- EIN
- 990791558
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Barnegat Light, NJ, USA
- Phone
- 2018194012
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Safety Education
Reported finances
- Revenue
- $35,025
- Expenses
- $29,446
- Assets
- $19,090
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ROBERT PRESTON (PRESIDENT)
People named in this filing
- ROBERT PRESTON (PRESIDENT)
- KEITH BALLA (TREASURER)
- HANNAH BALLA (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enlist charitable donations to provide equipment and ocean safety for borough of barnegat light residents, vacationers and beach patrol and organize events to promote public safety, recreation and ocean awareness
What it reported doing in 2025
Friends of blbp continued its commitment to supporting community programs and recognizing outstanding service through its scholarship and awards initiatives. During the year, the organization awarded scholarships to 10 deserving recipients, helping to further their educational goals and community engagement. In addition, friends of blbp recognized the exceptional dedication of local lifeguards by presenting special recognition awards to four individuals who went above and beyond in their service. These awards highlight the importance of safety, professionalism, and community stewardship. Through these efforts, friends of blbp demonstrated its ongoing support for lifeguards and its broader mission to strengthen and celebrate the community it serves.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 57
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 80.3%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15.9%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 67.7% of revenue deployed · 80.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $24K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.