Totals
- Total revenue
- $1,346,322
- Total expenses
- $1,096,455
- Contributions and grants received
- $1,341,397
- Grants paid
- $0
- Program service revenue
- $4,925
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $829,028
- Total liabilities, end of year
- $46,970
- Net assets or fund balances, end of year
- $782,058
- Program services expenses (Part IX)
- $970,502
- Management and general expenses
- $125,953
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $970,502
Program services were 88.5% 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
$1,341,397
-
2a · Program service revenue: Carbon credit certifications
total $4,925 · related or exempt $4,925
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $64,000 · program services $64,000
-
7 · Other salaries and wages
total $174,020 · program services $174,020
-
10 · Payroll taxes
total $14,124 · program services $14,124
-
11b · Fees: legal
total $67,263 · program services $16,900 · management and general $50,363
-
11c · Fees: accounting
total $38,775 · management and general $38,775
-
11g · Fees: other
total $19,302 · program services $18,110 · management and general $1,192
-
13 · Office expenses
total $6,799 · program services $3,707 · management and general $3,092
-
14 · Information technology
total $5,829 · management and general $5,829
-
16 · Occupancy
total $10,000 · management and general $10,000
-
17 · Travel
total $22,503 · program services $22,503
-
19 · Conferences, conventions and meetings
total $1,094 · program services $1,094
-
23 · Insurance
total $16,702 · management and general $16,702
-
24a · Other expenses: Consulting
total $237,818 · program services $237,818
-
24b · Other expenses: Testing services
total $165,000 · program services $165,000
-
24c · Other expenses: Professional Fees
total $158,141 · program services $158,141
-
24d · Other expenses: Payments to Landowners
total $95,085 · program services $95,085
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $62,328 · end of year $824,692
-
3 · Pledges and grants receivable
beginning of year $475,000
-
4 · Accounts receivable
end of year $4,336
-
17 · Accounts payable and accrued expenses
beginning of year $5,137 · end of year $46,970
-
27 · Net assets without donor restrictions
beginning of year $57,191 · end of year $722,533
-
28 · Net assets with donor restrictions
beginning of year $475,000 · end of year $59,525
Mission and programs · 2022
Mission
BCarbon's mission is to provide high-integrity research and certification services for empirically tested carbon sequestration projects around the world and to sustain a community of practice for sharing knowledge about the low-carbon economy.
Activities or mission (Part I)
To enable sustainable climate conservation with a nature-based carbon registry.
-
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 based on nature-based solutions. BCarbon reviews and certifies applications for both soil and timber carbon 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.
Expenses $613,651 · Revenue $4,925
-
BCarbon has created a coastal protocol that will protect coastal wetlands from sea level rise and provide carbon credits at the same time.
Expenses $356,851
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
James B Blackburn Jr
Chair, President/CEO
- Total calculated
- $32,000
- From this org
- $32,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Robin D Rather
COO
- Total calculated
- $32,000
- From this org
- $32,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Joe Swinbank
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Jose Beceiro
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Elliott Boullion
Director
- Total calculated
- $0
- Hours/week
- 2
-
Joni Carswell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Pam Giblin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Claude Griffin
Director
- Total calculated
- $0
- Hours/week
- 2
-
Miguel Gonzalez
Technical Operations Director
- Total calculated
- $117,500
- From this org
- $117,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333139349305513
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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