Boma Foundation EIN 52-1905266 Form 990 (PDF) Claim this org

Boma Foundation FY2020 filing

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Educates and researches for the commercial real estate industry. For fiscal year 2020 it reported $35K in revenue, $13K in expenses, and $86K in net assets.Pt I

Type
Supporting organization · Community Development
Location
Washington, DC
Website
www.boma.org
Filings
5 on file (2020–2020)
Revenue
$35KFY2020
Expenses
$13K
Net assets
$86K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  52-1905266 Supporting organization Washington, DC
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Educates and researches for the commercial real estate industry.
Leadership
Henry Chamberlain · President and COO
Money in and out
$35K revenue, $13K expenses
Bottom line
+62% net inflow
Money in and out · FY2020
Total revenue
$35K
Pt VIII · Ln 12
Total expenses
$13K
Pt IX · Ln 25
Net assets
$86K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.24
Net inflow
+62%
revenue over expenses, this year
Pass-through gifts
100%
of revenue from contributions
Program spending
76%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$35K
FY2020
Expenses
$13K
FY2020
Total assets
$92K
FY2020
Total liabilities
$5K
FY2020
Total revenue
$35K
Pt VIII · Ln 12
Total expenses
$13K
Pt IX · Ln 25
Net assets
$86K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$92K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $10K of program spending, described in the organization's own filed words · FY2020.
01

Provide education support as well as career support to students and veterans interested in potential careers in commercial real estate.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBoma Foundation
EINHdr · item D52-1905266
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.boma.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S40Z)
Ruling yearIRS BMFMar 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President and COO
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair Elect
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Boma Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$35K
Program service revenue$11
Total revenueLn 12$35K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.24
Program services76%$10K
Management & general24%$3K
Total functional expensesLn 25$13K

Balance Sheet

Part X · end of year
CashLn 1$92K
Total assetsLn 16$92K
Total liabilitiesLn 26$5K
Total net assetsLn 32$86K
Months of cash on handcomputed83.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $92K · Operating expenses/yr $13K
83.4 months
Where the money goes
Program services
Program services $10K · Total expenses $13K
76%
Management & General
Management & general $3K · Total expenses $13K
24%
Fundraising
Fundraising $0 · Total expenses $13K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $35K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $35K
100%
Government reliance
Government grants — · Total revenue $35K
Earned-income share
Program service revenue $11 · Total revenue $35K
0.03%
Investment reliance
Investment income $0 · Total revenue $35K
0%
Program self-sufficiency
Program service revenue $11 · Total expenses $13K
0.08%
Growth & trend
Revenue growth (YoY)
This year $35K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $86K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $35K · Expenses $13K
+62%
Liabilities-to-Assets
Total liabilities — · Total assets $92K
Net-asset ratio
Net assets $86K · Total assets $92K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $92K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Henry Chamberlain · Reported title PRESIDENT AND COO · Highest reported compensation $0 · Total expenses $13K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $13K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 24%
Fundraising cost ratio 0%
Investment management fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$505K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$29K revenue · ⤓ 990 PDF
FY2023$25K revenue · ⤓ 990 PDF
FY2022$10K revenue · ⤓ 990 PDF
FY2021$25K revenue · ⤓ 990 PDF
FY2020$35K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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