Skip to content
Nonprofiteer
← BLUEFORGE HOLDINGS INC

Form 990 for tax year 2023

Filed by BLUEFORGE HOLDINGS INC.

Totals

Total revenue
$770,415
Total expenses
$770,415
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$767,410
Investment income
$3,005
Other revenue
$0
Total assets, end of year
$16,734,532
Total liabilities, end of year
$34,234
Net assets or fund balances, end of year
$16,700,298
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RELATED PARTY RENTAL

    total $767,410 · related or exempt $767,410

  • 3 · Investment income

    total $3,005 · excluded $3,005

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $33,220

  • 13 · Office expenses

    total $18,478

  • 16 · Occupancy

    total $346,956

  • 22 · Depreciation, depletion and amortization

    total $311,116

  • 23 · Insurance

    total $60,645

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $28,039

  • 2 · Savings and temporary cash investments

    end of year $257,319

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $18,639

  • 10a · Land, buildings and equipment: cost or other basis

    $16,674,080

  • 10b · Land, buildings and equipment: accumulated depreciation

    $311,115

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $16,362,965

  • 15 · Other assets

    beginning of year $0 · end of year $67,570

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $34,234

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $16,700,298

Mission and programs · 2023

Mission

BLUEFORGE HOLDINGS INC. (BFH) WAS ESTABLISHED ON OCTOBER 13, 2023, AS A 501(C)(2) ORGANIZATION FOR THE PURPOSE OF ACQUIRING AND HOLDING TITLE TO THE COMPANY'S HEADQUARTERS BUILDING LOCATED IN BRYAN, TX.

Activities or mission (Part I)

BLUEFORGE HOLDINGS INC. ACQUIRES AND HOLDS TITLE TO BLUEFORGE ALLIANCE'S HEADQUARTERS.

  • BLUEFORGE HOLDINGS INC. OWNS REAL ESTATE AND COLLECTS RENT FROM BLUEFORGE ALLIANCE, LOCATED AT 3891 SOUTH TRADITIONS DRIVE, BRYAN, TEXAS 77807. IN ITS INITIAL YEAR, BLUEFORGE ALLIANCE TRANSFERED TITLE TO ITS REAL PROPERTY TO HOLDINGS.

As filed on the 2023 return.

Listed in Part VII

  • Kiley Wren

    CO-CEO

    Total calculated
    $514,304
    From this org
    $0
    From related orgs
    $474,623
    Other
    $39,681
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $418,217 related
    Bonus
    $0 + $56,406 related
    Other
    $0
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $19,881 related
    Filer's total
    $0 + $514,304 related

  • Randall Gorham

    CO-CEO

    Total calculated
    $493,401
    From this org
    $0
    From related orgs
    $473,520
    Other
    $19,881
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $417,114 related
    Bonus
    $0 + $56,406 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $19,881 related
    Filer's total
    $0 + $493,401 related

  • Lewis O'Hern

    SECRETARY (AS OF 03/2024)

    Total calculated
    $210,338
    From this org
    $0
    From related orgs
    $198,963
    Other
    $11,375
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,000 related
    Bonus
    $0 + $23,963 related
    Other
    $0
    Deferred
    $0 + $11,312 related
    Nontaxable benefits
    $0 + $63 related
    Filer's total
    $0 + $210,338 related

  • Edward Morris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 40 related

  • Andrew Hinton

    CFO (THRU 06/24)/VP OF ACCOUNTING

    Total calculated
    $218,243
    From this org
    $0
    From related orgs
    $204,027
    Other
    $14,216
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $182,965 related
    Bonus
    $0 + $21,062 related
    Other
    $0
    Deferred
    $0 + $6,607 related
    Nontaxable benefits
    $0 + $7,609 related
    Filer's total
    $0 + $218,243 related

  • Cletus Glasener

    CHIEF FINANCIAL OFFICER (AS OF 6/24)

    Total calculated
    $0
    Hours/week
    40 + 0.25 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3:
PROCESS FOR ESTABLISHING CEO COMPENSATION BLUEFORGE ALLIANCE, A RELATED ORGANIZATION, COMPENSATES THE CEOS OF BLUEFORGE HOLDINGS, INC. BLUEFORGE ALLIANCE USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEOS: - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD PART I, LINE 7: NONFIXED PAYMENTS BLUEFORGE ALLIANCE, A RELATED ORGANIZATION, HAS A DISCRETIONARY BONUS POLICY FOR ELIGIBLE FULL-TIME EMPLOYEES. THE BONUSES ARE BASED ON A PERCENTAGE OF THE INDIVIDUAL'S TOTAL EARNED WAGES DURING THE YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • BLUEFORGE DEVELOPMENT CAPITAL LP

    INVESTMENTS · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BFDC INVESTOR BLOCKER CORP

    C · INVESTMENTS · DE

  • BFDC GP BLOCKER CORP

    C · INVESTMENTS · DE

  • BFA ALABAMA BLOCKER CORP

    C · INVESTMENTS · DE

Provenance

Return type
form_990
Tax year
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202502269349301415

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.