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← BLUEFORGE ALLIANCE

Form 990 for tax year 2024

Filed by BLUEFORGE ALLIANCE.

Totals

Total revenue
$731,167,389
Total expenses
$697,572,883
Contributions and grants received
$81
Grants paid
$454,320
Program service revenue
$730,810,695
Investment income
$355,391
Other revenue
$1,222
Total assets, end of year
$149,990,875
Total liabilities, end of year
$84,971,783
Net assets or fund balances, end of year
$65,019,092
Program services expenses (Part IX)
$670,930,431
Management and general expenses
$26,642,452
Fundraising expenses
$0
Program service expenses (Part III)
$670,930,431

Program services were 96.2% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $81

  • 2a · Program service revenue: COLUMBIA PROGRAM

    total $384,185,981 · related or exempt $384,185,981

  • 2b · Program service revenue: AUKUS TRILATERAL/US MIB SUPPLIER

    total $346,624,714 · related or exempt $346,624,714

  • 3 · Investment income

    total $355,391 · excluded $355,391

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $1,222 · excluded $1,222

  • 11e · Other revenue, total

    $1,222

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $454,320 · program services $454,320

  • 5 · Compensation of officers, directors and key employees

    total $5,469,353 · program services $2,979,249 · management and general $2,490,104

  • 7 · Other salaries and wages

    total $28,246,453 · program services $20,088,450 · management and general $8,158,003

  • 8 · Pension plan contributions

    total $1,544,809 · program services $1,056,928 · management and general $487,881

  • 9 · Other employee benefits

    total $2,674,370 · program services $1,829,752 · management and general $844,618

  • 10 · Payroll taxes

    total $2,452,971 · program services $1,678,275 · management and general $774,696

  • 11b · Fees: legal

    total $3,934,949 · program services $195,133 · management and general $3,739,816

  • 11c · Fees: accounting

    total $258,278 · management and general $258,278

  • 11d · Fees: lobbying

    total $392,025 · program services $268,216 · management and general $123,809

  • 11g · Fees: other

    total $594,427,667 · program services $588,890,806 · management and general $5,536,861

  • 12 · Advertising and promotion

    total $3,347 · program services $2,290 · management and general $1,057

  • 13 · Office expenses

    total $4,490,595 · program services $2,837,113 · management and general $1,653,482

  • 14 · Information technology

    total $267,581 · management and general $267,581

  • 16 · Occupancy

    total $1,856,430 · program services $1,544,510 · management and general $311,920

  • 17 · Travel

    total $2,078,136 · program services $1,373,357 · management and general $704,779

  • 19 · Conferences, conventions and meetings

    total $46,902 · program services $20,153 · management and general $26,749

  • 20 · Interest

    total $117,750 · program services $80,562 · management and general $37,188

  • 22 · Depreciation, depletion and amortization

    total $183,722 · program services $142,711 · management and general $41,011

  • 23 · Insurance

    total $537,637 · program services $387,075 · management and general $150,562

  • 24a · Other expenses: MATERIALS AND SUPPLIES

    total $43,109,049 · program services $43,109,049

  • 24b · Other expenses: PROGRAM INITIATIVES

    total $1,882,092 · program services $1,882,092

  • 24c · Other expenses: PROFESSIONAL MEMBERSHIP

    total $71,317 · program services $30,204 · management and general $41,113

  • 24d · Other expenses: RECRUITING COSTS

    total $36,165 · program services $2,354 · management and general $33,811

  • 24e · All other expenses

    total $3,036,965 · program services $2,077,832 · management and general $959,133

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,909,740 · end of year $1,457,221

  • 2 · Savings and temporary cash investments

    beginning of year $16,397,149 · end of year $29,877,272

  • 4 · Accounts receivable

    beginning of year $24,833,785 · end of year $46,879,822

  • 9 · Prepaid expenses and deferred charges

    beginning of year $278,012 · end of year $1,685,175

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

    $1,620,980

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

    $81,120

  • 10c · Land, buildings and equipment, net

    beginning of year $333,465 · end of year $1,539,860

  • 12 · Investments: other securities

    beginning of year $0 · end of year $750,000

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $30,852,127 · end of year $67,801,525

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,100,375 · end of year $80,280,681

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $79,317 · end of year $4,691,102

  • 27 · Net assets without donor restrictions

    beginning of year $31,424,586 · end of year $65,019,092

Mission and programs · 2024

Mission

BLUEFORGE ALLIANCE'S (BFA) MISSION IS TO ENABLE THE MARITIME MANUFACTURING INDUSTRY TO BUILD AND MAINTAIN THE NEXT GENERATION OF RESILIENT UNDERSEA PLATFORMS FOR AMERICA AND ITS ALLIES BY INCREASING CAPABILITY, CAPACITY, AND RESILIENCE.

Activities or mission (Part I)

TO SERVE AS AN UNBIASED, NEUTRAL PROGRAM INTEGRATOR ACROSS INDUSTRY, ACADEMIA, AND GOVERNMENT TO ADVANCE NATIONAL SECURITY OBJECTIVES.

  • IN FISCAL YEAR 2025, BFA SUPPORTED ONE PROGRAM UNDER TWO CONTRACTS WITH THE U.S. DEPARTMENT OF DEFENSE (DOD) NAVY TO ADVANCE THE PROGRAM GOALS OF GALVANIZING AND REVITALIZING THE U.S. MARITIME INDUSTRIAL BASE (MIB). TO LESSEN THE BURDEN OF GOVERNMENT, BFA EXECUTES AND INTEGRATES SCIENTIFIC AND EDUCATIONAL ACTIVITIES THROUGH FACILITATING COLLABORATIONS AMONG GOVERNMENT AGENCIES, ACADEMIA, INDUSTRY, AND THE GENERAL PUBLIC FOR THE PURPOSE OF CONTRIBUTING TO OPERATIONAL AND COST EFFICIENCIES TOWARDS ACHIEVING NATIONAL SECURITY PRIORITIES. (SEE SCHEDULE O)BFA SERVES THIS CRITICALLY IMPORTANT CHARITABLE CAUSE BY BEING A CONDUIT TO THE U.S. NAVY AND BROADER DOD FOR CONVENING DIRECT EXPERTISE IN SUPPLIER DEVELOPMENT, STRATEGIC OUTSOURCING, WORKFORCE DEVELOPMENT AND OUTREACH, TECHNOLOGY ADVANCEMENT, AND CONTRACTING WITH SPECIALIZED CONSULTANTS, GOVERNMENTAL AGENCIES, EDUCATIONAL INSTITUTIONS, AND NAVY SUPPLIERS. OVER 96% OF BFA'S EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2025 WERE PROGRAM RELATED.

    Expenses $670,930,431 · Grants $454,320 · Revenue $730,810,695

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

Listed in Part VII

  • Randall Gorham

    CEO/PRESIDENT

    Total calculated
    $559,312
    From this org
    $526,105
    From related orgs
    $0
    Other
    $33,207
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $438,125
    Bonus
    $73,312
    Other
    $14,668
    Deferred
    $12,000
    Nontaxable benefits
    $21,207
    Filer's total
    $559,312

  • Kiley Wren

    CO-CEO (THRU 09/2025)

    Total calculated
    $559,733
    From this org
    $511,437
    From related orgs
    $0
    Other
    $48,296
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $438,125
    Bonus
    $73,312
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $17,796
    Filer's total
    $559,733

  • Cletus Glasener

    CHIEF FINANCIAL OFFICER

    Total calculated
    $263,973
    From this org
    $244,391
    From related orgs
    $0
    Other
    $19,582
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $222,504
    Bonus
    $21,887
    Other
    $0
    Deferred
    $13,576
    Nontaxable benefits
    $6,006
    Filer's total
    $263,973

  • Lewis O'Hern

    BOARD MEMBER

    Total calculated
    $42,788
    From this org
    $39,823
    From related orgs
    $0
    Other
    $2,965
    Hours/week
    10 + 0.25 related

  • Edward Morris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25 + 0.25 related

  • Arnold Kravitz

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $402,607
    From this org
    $381,063
    From related orgs
    $0
    Other
    $21,544
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,000
    Bonus
    $56,063
    Other
    $0
    Deferred
    $17,875
    Nontaxable benefits
    $3,669
    Filer's total
    $402,607

  • Matthew Prochaska

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $411,620
    From this org
    $381,752
    From related orgs
    $0
    Other
    $29,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,208
    Bonus
    $56,063
    Other
    $481
    Deferred
    $15,438
    Nontaxable benefits
    $14,430
    Filer's total
    $411,620

  • William Stockton

    CHIEF ADMINISTRATION OFFICER

    Total calculated
    $410,691
    From this org
    $384,188
    From related orgs
    $0
    Other
    $26,503
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $328,125
    Bonus
    $56,063
    Other
    $0
    Deferred
    $15,438
    Nontaxable benefits
    $11,065
    Filer's total
    $410,691

  • Andrew Hinton

    VP, ACCOUNTING (FORMER CFO)

    Total calculated
    $273,320
    From this org
    $252,087
    From related orgs
    $0
    Other
    $21,233
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,000
    Bonus
    $37,087
    Other
    $0
    Deferred
    $10,033
    Nontaxable benefits
    $11,200
    Filer's total
    $273,320

  • Jennifer Mindock

    PRINCIPAL, SYSTEMS ARCHITECTURE & STRATEGY

    Total calculated
    $451,085
    From this org
    $410,375
    From related orgs
    $0
    Other
    $40,710
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,000
    Bonus
    $60,375
    Other
    $0
    Deferred
    $22,156
    Nontaxable benefits
    $18,554
    Filer's total
    $451,085

  • David Young

    VP, SUPPLY CHAIN & STRATEGY

    Total calculated
    $300,501
    From this org
    $267,300
    From related orgs
    $0
    Other
    $33,201
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,250
    Bonus
    $31,050
    Other
    $0
    Deferred
    $13,671
    Nontaxable benefits
    $19,530
    Filer's total
    $300,501

  • Lindy Beasley

    VP, CONTRACTS & COMPLIANCE

    Total calculated
    $284,678
    From this org
    $252,179
    From related orgs
    $0
    Other
    $32,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,078
    Bonus
    $37,101
    Other
    $0
    Deferred
    $11,292
    Nontaxable benefits
    $21,207
    Filer's total
    $284,678

  • Christopher Holshouser

    MANAGING DIRECTOR, TECHNOLOGY

    Total calculated
    $283,904
    From this org
    $257,950
    From related orgs
    $0
    Other
    $25,954
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,000
    Bonus
    $37,950
    Other
    $0
    Deferred
    $11,550
    Nontaxable benefits
    $14,404
    Filer's total
    $283,904

  • Darrell Wallace

    ESTEEMED FELLOW

    Total calculated
    $274,441
    From this org
    $252,406
    From related orgs
    $0
    Other
    $22,035
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,272
    Bonus
    $37,134
    Other
    $0
    Deferred
    $14,016
    Nontaxable benefits
    $8,019
    Filer's total
    $274,441

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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
FIRST CLASS TRAVEL FIRST CLASS TRAVEL IS PROVIDED TO EXECUTIVES FOR LONG FLIGHTS OF EIGHT HOURS OR MORE. THIS EXPENSE IS NOT PART OF THE INDIVIDUAL'S TAXABLE INCOME PER CORPORATE POLICY. TRAVEL FOR COMPANIONS IN RARE INSTANCES, EXECUTIVE TRAVEL FOR COMPANIONS IS PROVIDED ON A CASE-BY-CASE BASIS AND REQUIRES CEO APPROVAL AND JUSTIFIABLE BUSINESS PURPOSE. IN CERTAIN CIRCUMSTANCES, COMPANION TRAVEL IS REPORTED AS AN EMOLUMENT TO THE INDIVIDUAL. RANDALL GORHAM HAS REPORTED TRAVEL FOR HIS COMPANION DURING THE YEAR AND THE AMOUNT IS INCLUDED ON PART II, COLUMN B(III).
PART I, LINE 7
NONFIXED PAYMENTS THE SPECIAL INCENTIVE PROGRAM (SIP) IS AN APPROVED PROGRAM BY THE BFA BOARD OF DIRECTORS AND IS BASED ON COMPANY PERFORMANCE GOALS AND CORPORATE OBJECTIVES, WHICH INCLUDE FINANCIAL TARGETS. PRIOR TO THE DISTRIBUTION OF BONUS COMPENSATION, ANNUALLY, THE SIP AMOUNTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. SIP COMPENSATION IS SUPPORTED BY A PRIOR AGREEMENT AND ESTABLISHED POLICY WHERE BONUS AWARDS ARE INCLUDED IN THE OPERATING BUDGET BEFORE WORK IS PERFORMED IN ALIGNMENT WITH FAR 31.205-6(F).

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

The 10 largest by cash amount. The API serves every itemized grant.

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 · 100% owned

    Directly controlled by BFDC INVESTOR BLOCKER CORP

Related corporations and trusts

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

  • BFDC INVESTOR BLOCKER CORP

    C · INVESTMENTS · DE · 100% owned · share of income -$367,519 · share of assets $7,673,004 · controlled entity

    Directly controlled by BLUEFORGE ALLIANCE

  • BFDC GP BLOCKER CORP

    C · INVESTMENTS · DE · 100% owned · share of income -$1,185 · share of assets $317 · controlled entity

    Directly controlled by BLUEFORGE ALLIANCE

Provenance

Return type
form_990
Tax year
2024
Filed
14 August 2026
IRS schema version
2024v5.5
Source object
202622269349302017

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