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Nonprofiteer
← BLUE FOREST FINANCE INC

Form 990 for tax year 2022

Filed by BLUE FOREST FINANCE INC.

Totals

Total revenue
$5,334,916
Total expenses
$3,436,552
Contributions and grants received
$4,244,407
Grants paid
$0
Program service revenue
$980,500
Investment income
$30,474
Other revenue
$79,535
Total assets, end of year
$13,996,241
Total liabilities, end of year
$10,711,926
Net assets or fund balances, end of year
$3,284,315
Program services expenses (Part IX)
$2,949,607
Management and general expenses
$476,596
Fundraising expenses
$10,349
Program service expenses (Part III)
$2,949,607

Program services were 85.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PHILIP SAKSA

    CHIEF SCIENTIST

    Total calculated
    $187,969
    From this org
    $168,700
    From related orgs
    $0
    Other
    $19,269
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $166,300
    Bonus
    $0
    Other
    $2,400
    Deferred
    $6,748
    Nontaxable benefits
    $12,521
    Filer's total
    $187,969

  • NICHOLAS WOBBROCK

    COO & SECRETARY

    Total calculated
    $182,499
    From this org
    $162,684
    From related orgs
    $0
    Other
    $19,815
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $160,709
    Bonus
    $0
    Other
    $1,975
    Deferred
    $6,732
    Nontaxable benefits
    $13,083
    Filer's total
    $182,499

  • ZACHARY KNIGHT

    CEO & PRESIDENT

    Total calculated
    $188,986
    From this org
    $157,965
    From related orgs
    $0
    Other
    $31,021
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $155,565
    Bonus
    $0
    Other
    $2,400
    Deferred
    $6,748
    Nontaxable benefits
    $24,273
    Filer's total
    $188,986

  • MACKENZIE CLOYES

    CHIEF OF STAFF

    Total calculated
    $142,957
    From this org
    $125,983
    From related orgs
    $0
    Other
    $16,974
    Hours/week
    1 + 50 related

  • JEANETTE DAVIDSON

    MNG DIR., PROJECT DEVELOPMENT

    Total calculated
    $131,259
    From this org
    $112,034
    From related orgs
    $0
    Other
    $19,225
    Hours/week
    1 + 50 related

  • GORDON VERMEER

    CFO & TREASURER

    Total calculated
    $120,225
    From this org
    $102,626
    From related orgs
    $0
    Other
    $17,599
    Hours/week
    1 + 50 related

  • CHAD REED

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NEWSHA K AJAMI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICARDO BAYON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHERI ELLIOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANIELA SALTZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

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

Provenance

Return type
form_990
Tax year
2022
Filed
3 November 2023
IRS schema version
2022v5.0
Source object
202343179349310744

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