Nonprofit · EIN 36-5061146
BLUECHIP RATINGS INC
Tax-exempt · NEWARK, DE 19702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $40,934 | $60,275 | -$19,341 | $888 | $0 | $888 |
| December 31, 2024 | 990-EZ | $62,500 | $107,050 | -$44,550 | $20,229 | $0 | $20,229 |
| December 31, 2023 | 990 | $255,635 | $190,856 | $64,779 | $64,779 | $0 | $64,779 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,231
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $33,703
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $57,265
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $58,050
- Occupancy
- $348
- Other expenses
- $1,877
Balance sheet and other
- Total assets, start of year
- $20,229
- Total assets, end of year
- $888
- Total liabilities, end of year
- $0
- Net assets, end of year
- $888
- Cash, savings and investments
- $888
- Gross receipts
- $40,934
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Vaidya Pallasena | Director | 20 | $31,908 |
| Benjamin Levit | President & Director | 20 | $25,357 |
| Garett Jones | Director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Vaidya Pallasena | Director, Secretary and Treasurer | 40 | $60,000 |
| Benjamin Levit | President & Director | 40 | $34,184 |
| Garett Jones | Director | 1 | $4,200 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Vaidya Pallasena | Director, Secretary and Treasurer Trustee or director, Officer | 6 | $0 | $25,000 |
| Garett Jones | Director Trustee or director | 4 | $0 | $20,400 |
| Benjamin Levit | President & Director Trustee or director, Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 254 CHAPMAN RD STE 208 PMB 11690, NEWARK, DE 19702-5422
- Signed the 990-EZ
- Benjamin Levit, President
- Phone
- (202) 735-7828
Mission
Bluechip Ratings Inc. has been incorporated to act as an independent, nonprofit rating agency, to promote the common business interest of members of the digital assets industry. Bluechip's specific focus is on 'stablecoins'. We aim to promote the growth and safety of stablecoins.
Program accomplishments
- The company also provided pro-bono advisory for emerging stablecoin issuers as well as free weekly industry updates via Twitter/X.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-5061146
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Science and technology (U02)
- Assets (IRS master file)
- $888
- Income (IRS master file)
- $40,934
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $40,934 | $60,275 | $888 | IRS |
| 990-EZ | December 2024 | $62,500 | $107,050 | $20,229 | IRS |
| 990 | December 2023 | $255,635 | $190,856 | $64,779 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-5061146).
Questions about BLUECHIP RATINGS INC
- What is the EIN of BLUECHIP RATINGS INC?
- The employer identification number (EIN) of BLUECHIP RATINGS INC is 36-5061146.
- Is BLUECHIP RATINGS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
- Are donations to BLUECHIP RATINGS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BLUECHIP RATINGS INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BLUECHIP RATINGS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLUECHIP RATINGS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of BLUECHIP RATINGS INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $31,908 (Vaidya Pallasena, Director).
- How much revenue does BLUECHIP RATINGS INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $40,934, expenses of $60,275 and total assets of $888 at year end.
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