Blumont INC FY2020 filing

Tax-deductible

Arlington, VA501(c)(3)InternationalEIN 81-0888072Revenue $10K in FY2020

On file with the IRSblumont.org1300 17th Street North, 22209-3811 · Arlington, VATax-exempt since May 2016Supporting org, Type III (functionally integrated) — 509(a)(3)

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Blumont delivers innovative, evidence based, locally driven solutions that advance the aspirations of people, communities and donor partners worldwide.

501(c)(3) charity; gifts are tax-deductible.
$1.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $10K a year · 93% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.7M
to officers and key staff · ×84 of spending
Concern: pay to officers and key staff is 8400% of spending; over 30%.
Pt VII · Sec A
Cash reserves
233 mo
of spending, in cash
Looks good: 232.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.7M
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10K
Spent
$20K
To programs
0%
Net assets
$3.6M
By yearFY2020–FY2024
Revenue
$10K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$10K
FY2021$1K
FY2022$4K
FY2023$5K
FY2024$36K
Expenses
$20K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$20K
FY2021−$15K
FY2022−$3
FY2023−$943
FY2024$0
Net assets
$3.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$3.7M
FY2022$3.7M
FY2023$3.7M
FY2024$4.7M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $20K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $1.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO (start 01/01/2020)
$322,057Pt VII · Sec A
VP, Gc, Cs & Ceco
$283,888Pt VII · Sec A
Assistant Vice President
$203,052Pt VII · Sec A
Assistant Vice President
$172,835Pt VII · Sec A
Director, IT
$164,709Pt VII · Sec A
VP, Business & Development
$163,319Pt VII · Sec A
Director, Communications
$155,512Pt VII · Sec A
VP and CFO (start 04.20.2020)
$141,507Pt VII · Sec A

Jonathan Nash’s $429K as President & CEO is at the 100th percentile of top reported officer pay among 167 <$100K international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jonathan Nash$429,099$427,402$379,509$339,974$322,057
Lauren Camili——$231,750$288,501$283,888
Rob Murphy$270,247$267,423$188,854——
Eric Lungren$239,587$233,310$224,627$214,024—
Laura Fogarty$237,895$235,905$235,658——
Susan Peacock$220,995$219,632$210,538$203,125—
Roman Ponos—$217,345$205,286$198,898—
Paige Shannon$215,786$209,420$177,313——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Delivers innovative, locally driven solutions to advance people's aspirations globally.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

The unique structure of Blumont sets us apart from other relief and development organizations. We are structured to drive efficiency and quality, manage costs, improve operations, increase compliance and create the best local solutions to advance global relief and development in response to donor-partner requirements and program…

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$10K
Ln 12
Other incomeLn 4–11$10K
Money outPt IX
$20K
Ln 25
Managementcol C$20K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$390K
Total assetsLn 16$9.3M
LiabilitiesLn 26$5.7M
PeoplePt VI, VII
15
listed · VII A
PaidVII A9
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$10K
Total revenueLn 12$10K
Assets in detailPt X, end of year
CashLn 1$390K
Cash and savings togetherLn 1–2$390K
Land, buildings, equipmentLn 10c$5.7M
Other assetsLn 15$2.7M
Total assetsLn 16$9.3M
LiabilitiesLn 26$5.7M
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 566
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$334K$390K
Land, buildings, equipmentLn 10c$6.3M$5.7M
Total assetsLn 16$7.7M$9.3M
LiabilitiesLn 26$4.1M$5.7M
Net assetsLn 32$3.7M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$929K$929K
Other salaries and wagesLn 7$3.9M$436K$3.4M
Pension plan contributionsLn 8$194K$194K
Other employee benefitsLn 9$1.7M$310K$1.4M
Payroll taxesLn 10$342K$0$342K
Legal feesLn 11b$121K$121K
Accounting feesLn 11c$202K$202K
Other fees for servicesLn 11g$1.2M$22K$1.2M$0
Office expensesLn 13$200K$54K$146K
Information technologyLn 14$884K$90K$793K
OccupancyLn 16$1.0M$246K$786K
TravelLn 17$80K$56K$24K
Conferences, conventions and meetingsLn 19$6K$6K
Depreciation, depletion and amortizationLn 22$602K$602K
InsuranceLn 23$549K$160K$389K
Other expenses (24a–d)Ln 24−$11.9M−$1.4M−$10.5M
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$20K$0$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $36K$0$36K$4.7M 990 PDF
FY2023 $5K−$943$6K$3.7M 990 PDF
FY2022 $4K−$3$4K$3.7M 990 PDF
FY2021 $1K−$15K$16K$3.7M 990 PDF
FY2020 Viewing $10K$20K−$10K$3.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $9,804 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $4,920$0
I-11 Other revenuePrior year $0$9,804
I-12 Total revenuePrior year $4,920$9,804
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,203,949$7,080,454
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year −$8,125,845−$7,060,359
I-18 Total expensesPrior year $78,104$20,095
I-19 Revenue less expensesPrior year −$73,184−$10,291
Part VI · Governance 6 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,804 across 3 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,804$9,804
VIII-12 Total revenueRelated to mission $9,804 · Unrelated business $0 · Excluded from tax $0$9,804
Part IX · Statement of functional expenses $20,095 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $928,883$928,883
IX-7 Other salaries and wagesPrograms $436,377 · Management $3,445,522$3,881,899
IX-8 Pension plan contributionsManagement $194,403$194,403
IX-9 Other employee benefitsPrograms $310,164 · Management $1,422,927$1,733,091
IX-10 Payroll taxesPrograms $0 · Management $342,178$342,178
IX-11b Legal feesManagement $120,575$120,575
IX-11c Accounting feesManagement $202,405$202,405
IX-11g Other fees for servicesPrograms $21,787 · Management $1,160,982 · Fundraising $0$1,182,769
IX-13 Office expensesPrograms $54,221 · Management $146,063$200,284
IX-14 Information technologyPrograms $90,252 · Management $793,339$883,591
IX-16 OccupancyPrograms $245,985 · Management $785,556$1,031,541
IX-17 TravelPrograms $56,156 · Management $24,223$80,379
IX-19 Conferences, conventions and meetingsManagement $5,560$5,560
IX-22 Depreciation, depletion and amortizationManagement $602,059$602,059
IX-23 InsurancePrograms $160,088 · Management $388,555$548,643
IX-24 Other expenses (24a–d)Programs −$1,375,030 · Management −$10,543,135−$11,918,165
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $0 · Management $20,095 · Fundraising $0$20,095
Part X · Balance sheet $9,349,720 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $333,584$389,617
X-9 Prepaid expenses and deferred chargesStart of year $391,198$539,666
X-10c Land, buildings and equipment, netStart of year $6,311,350$5,706,589
X-15 Other assetsStart of year $703,585$2,713,848
X-16 Total assetsStart of year $7,746,327$9,349,720
X-17 Accounts payable and accrued expensesStart of year $1,652,132$4,040,818
X-25 Other liabilitiesStart of year $1,899,492$1,668,721
X-26 Total liabilitiesStart of year $4,095,855$5,709,539
X-27 Net assets without donor restrictionsStart of year $3,650,472$3,640,181
X-32 Total net assets or fund balancesStart of year $3,650,472$3,640,181
X-33 Total liabilities and net assetsStart of year $7,746,327$9,349,720
Part XI · Reconciliation of net assets $3,640,181 net assets at year end
XI-1 Total revenue$9,804
XI-2 Total expenses$20,095
XI-3 Revenue less expenses−$10,291
XI-4 Net assets at start of year$3,650,472
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,640,181

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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