Blumont INC FY2022 filing

Tax-deductible

Arlington, VA501(c)(3)InternationalEIN 81-0888072Revenue $4K in FY2022

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.
$2.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2022 · 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
$2.4M
to officers and key staff · -79787300% of spending
Looks good: pay to officers and key staff is -79787300% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: -1082304.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.6M
64% of total assets
Fine: liabilities are 64% 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
$4K
+244% vs prior year
Spent
−$3
To programs
-0%
Net assets
$3.7M
By yearFY2020–FY2024
Revenue
$4K
FY2022▲ +244%
Tap a bar for its year
Revenue by fiscal year
FY2020$10K
FY2021$1K
FY2022$4K
FY2023$5K
FY2024$36K
Expenses
−$3
FY2022▲ +100%
Tap a bar for its year
Expenses by fiscal year
FY2020$20K
FY2021−$15K
FY2022−$3
FY2023−$943
FY2024$0
Net assets
$3.7M
FY2022+0.1%
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 FY2022 Form 990 · see the original

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You’re viewing the FY2022 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

Who runs it and what they're paid

17 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$379,509Pt VII · Sec A
Corporate Secretary VP, Contract, Grants and Compi
$235,658Pt VII · Sec A
VP, Gc, Cs & Ceco (term 10/22/2021)
$231,750Pt VII · Sec A
Vice President, Global Operations
$224,627Pt VII · Sec A
Vice President, Chief Human Resources Officer
$210,538Pt VII · Sec A
Vice President, Business & Development
$205,286Pt VII · Sec A
Treasurer, CFO (started 03.16.2022)
$188,854Pt VII · Sec A
Assistant Vice President
$183,112Pt 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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1 program · in their own filed words · FY2022
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 FY2022 990, line by line.

1The main four
Money inPt VIII
$4K
Ln 12
Investment incomeLn 3$4K
Money outPt IX
−$3
Ln 25
Owns and owesPt X
$3.7M
net assets · Ln 32
Cash and savingsLn 1–2$271K
Total assetsLn 16$10.2M
LiabilitiesLn 26$6.6M
PeoplePt VI, VII
17
listed · VII A
PaidVII A11
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$4K
Total revenueLn 12$4K
Assets in detailPt X, end of year
CashLn 1$271K
Cash and savings togetherLn 1–2$271K
Land, buildings, equipmentLn 10c$951K
Other assetsLn 15$8.4M
Total assetsLn 16$10.2M
LiabilitiesLn 26$6.6M
Net assetsLn 32$3.7M
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 FY22End FY22
Cash and savingsLn 1–2$196K$271K
Land, buildings, equipmentLn 10c$1.4M$951K
Total assetsLn 16$8.8M$10.2M
LiabilitiesLn 26$5.2M$6.6M
Net assetsLn 32$3.7M$3.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.9M$1.9M
Other salaries and wagesLn 7$4.1M$696K$3.4M
Pension plan contributionsLn 8$217K$217K
Other employee benefitsLn 9$1.9M$514K$1.4M
Payroll taxesLn 10$419K$419K
Legal feesLn 11b$39K$39K
Accounting feesLn 11c$115K$115K
Other fees for servicesLn 11g$916K$27K$889K
Office expensesLn 13$132K$28K$104K
Information technologyLn 14$607K$93K$514K
OccupancyLn 16$858K$134K$724K
TravelLn 17$288K$102K$186K
Conferences, conventions and meetingsLn 19$14K$670$13K
Depreciation, depletion and amortizationLn 22$430K$430K
InsuranceLn 23$780K$73K$707K
Other expenses (24a–d)Ln 24−$12.8M−$1.7M−$11.1M
All other expensesLn 24e$53K$3K$49K
Total functional expensesLn 25−$3$0−$3$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 Viewing $4K−$3$4K$3.7M 990 PDF
FY2021 $1K−$15K$16K$3.7M 990 PDF
FY2020 $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 FY2022 990 (6 parts)
Part I · Summary $3,669 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 $1,066$3,669
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,066$3,669
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 $7,554,105$8,560,216
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year −$7,569,097−$8,560,219
I-18 Total expensesPrior year −$14,992−$3
I-19 Revenue less expensesPrior year $16,058$3,672
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 $3,669 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $3,669$3,669
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,669$3,669
Part IX · Statement of functional expenses −$3 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $1,915,223$1,915,223
IX-7 Other salaries and wagesPrograms $696,300 · Management $3,364,076$4,060,376
IX-8 Pension plan contributionsManagement $216,755$216,755
IX-9 Other employee benefitsPrograms $514,109 · Management $1,434,865$1,948,974
IX-10 Payroll taxesManagement $418,888$418,888
IX-11b Legal feesManagement $39,431$39,431
IX-11c Accounting feesManagement $114,765$114,765
IX-11g Other fees for servicesPrograms $26,961 · Management $889,052$916,013
IX-13 Office expensesPrograms $28,126 · Management $104,351$132,477
IX-14 Information technologyPrograms $92,961 · Management $514,266$607,227
IX-16 OccupancyPrograms $133,965 · Management $724,020$857,985
IX-17 TravelPrograms $102,078 · Management $185,891$287,969
IX-19 Conferences, conventions and meetingsPrograms $670 · Management $13,395$14,065
IX-22 Depreciation, depletion and amortizationManagement $430,307$430,307
IX-23 InsurancePrograms $73,114 · Management $706,789$779,903
IX-24 Other expenses (24a–d)Programs −$1,671,661 · Management −$11,121,557−$12,793,218
IX-24e All other expensesPrograms $3,377 · Management $49,480$52,857
IX-25 Total functional expensesPrograms $0 · Management −$3 · Fundraising $0−$3
Part X · Balance sheet $10,231,330 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $195,973$270,576
X-9 Prepaid expenses and deferred chargesStart of year $771,692$626,862
X-10c Land, buildings and equipment, netStart of year $1,381,138$950,832
X-15 Other assetsStart of year $6,470,220$8,383,060
X-16 Total assetsStart of year $8,819,023$10,231,330
X-17 Accounts payable and accrued expensesStart of year $3,709,271$6,571,425
X-25 Other liabilitiesStart of year $1,453,513$0
X-26 Total liabilitiesStart of year $5,162,784$6,571,425
X-27 Net assets without donor restrictionsStart of year $3,656,239$3,659,905
X-32 Total net assets or fund balancesStart of year $3,656,239$3,659,905
X-33 Total liabilities and net assetsStart of year $8,819,023$10,231,330
Part XI · Reconciliation of net assets $3,659,905 net assets at year end
XI-1 Total revenue$3,669
XI-2 Total expenses−$3
XI-3 Revenue less expenses$3,672
XI-4 Net assets at start of year$3,656,239
XI-8 Prior period adjustments−$6
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,659,905

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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