Form 990 for tax year 2024

Totals

Total revenue

$673,504

Total expenses

$1,320,251

Contributions and grants received

$245,051

Grants paid

$2,947

Program service revenue

$384,101

Investment income

$44,352

Other revenue

$0

Total assets, end of year

$816,515

Total liabilities, end of year

$14,271

Net assets or fund balances, end of year

$802,244

Program services expenses (Part IX)

$1,117,955

Management and general expenses

$202,296

Fundraising expenses

$0

Program service expenses (Part III)

$1,117,955

Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

Mission and programs · 2024

• BCarbon creates and maintains standards and programs to achieve sustainable climate change goals to protect and conserve the environment for the benefit of the general public using nature-based solutions. BCarbon reviews and certifies applications for both soil and timber carbon credits as well as methane well credits to determine whether they meet BCarbon's criteria for credit issuance. Credits are issued and registered on a blockchain accounting system to keep up with subsequent transactions. During 2024, BCarbon added a carbon credit protocol for plugging orphaned and abandoned oil and gas wells that are leaking methane, for which no state or federal funding is available.

  Expenses $907,883 · Revenue $234,101

• BCarbon is working with Prairie View A&M University to develop a program for small landowners in East Texas to help them create what is called the Small Landowner Carbon Collaborative that we intend to become a model for small landowner participation in the carbon market throughout the United States.

  Expenses $100,239 · Grants $2,947

• BCarbon has created a coastal living shoreline protocol that will protect coastal wetlands from sea level rise and provide carbon credits at the same time.

  Expenses $81,223 · Revenue $150,000

• BCarbon is working with the East Foundation to develop a crediting protocol for biodiversity that will attempt to establish additional value for properties that are participating in the carbon market and also exhibit great biological diversity, with an initial focus on South Texas ranchlands and the endangered ocelot which is a small spotted cat that lives in the deep brush of South Texas.

  Expenses $28,610

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2024

Filed

3 November 2025

IRS schema version

2024v5.2

Source object

202543079349303409

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.