Skip to content
Nonprofiteer
← BLUMONT GLOBAL DEVELOPMENT INC

Form 990 for tax year 2023

Filed by BLUMONT GLOBAL DEVELOPMENT INC.

Totals

Total revenue
$59,310,719
Total expenses
$59,002,775
Contributions and grants received
$59,317,500
Grants paid
$0
Program service revenue
$0
Investment income
-$6,781
Other revenue
$0
Total assets, end of year
$7,539,254
Total liabilities, end of year
$9,629,046
Net assets or fund balances, end of year
-$2,089,792
Program services expenses (Part IX)
$48,867,547
Management and general expenses
$10,135,228
Fundraising expenses
$0
Program service expenses (Part III)
$48,867,547

Program services were 82.8% 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.

  • 1e · Government grants (contributions)

    $59,317,500

  • 7b · Less cost or other basis and sales expenses

    securities $6,781

  • 7c · Gain or loss

    securities -$6,781

  • 7d · Net gain or loss

    total -$6,781 · excluded -$6,781

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $5,911,489 · program services $5,855,026 · management and general $56,463

  • 8 · Pension plan contributions

    total $31,093 · program services $31,093

  • 9 · Other employee benefits

    total $2,721,542 · program services $2,704,631 · management and general $16,911

  • 10 · Payroll taxes

    total $63,391 · program services $63,391

  • 11b · Fees: legal

    total $13,002 · program services $13,002

  • 11c · Fees: accounting

    total $23,565 · program services $23,565

  • 11g · Fees: other

    total $132,680 · program services $131,002 · management and general $1,678

  • 13 · Office expenses

    total $2,251,288 · program services $2,245,503 · management and general $5,785

  • 14 · Information technology

    total $165,304 · program services $165,304

  • 16 · Occupancy

    total $829,711 · program services $828,058 · management and general $1,653

  • 17 · Travel

    total $1,588,464 · program services $1,587,076 · management and general $1,388

  • 19 · Conferences, conventions and meetings

    total $20,988 · program services $20,973 · management and general $15

  • 23 · Insurance

    total $144,609 · program services $144,609

  • 24a · Other expenses: Program Activities

    total $21,628,682 · program services $21,628,682

  • 24b · Other expenses: Intercompany Transfer

    total $9,948,595 · program services -$68,450 · management and general $10,017,045

  • 24c · Other expenses: Subcontracts

    total $2,726,675 · program services $2,726,675

  • 24d · Other expenses: Security & Construction

    total $171,793 · program services $171,793

  • 24e · All other expenses

    total $10,629,904 · program services $10,595,614 · management and general $34,290

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,671,210 · end of year $1,558,499

  • 3 · Pledges and grants receivable

    beginning of year $8,639,877 · end of year $5,807,874

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80,660 · end of year $59,285

  • 15 · Other assets

    beginning of year $275,265 · end of year $113,596

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,193,036 · end of year $4,043,091

  • 19 · Deferred revenue

    beginning of year $557,249 · end of year $497,285

  • 25 · Other liabilities

    beginning of year $6,314,465 · end of year $5,088,670

  • 27 · Net assets without donor restrictions

    beginning of year -$2,397,738 · end of year -$2,089,792

Mission and programs · 2023

Mission

Working with us based clients, implementing programs ranging from relief and early recovery to development that are tailored to operational contexts and informed by local perspectives.

Activities or mission (Part I)

Blumont delivers innovative, evidence based, locally driven solutions that advance the aspirations of people, communities and donor partners worldwide.

  • Blumont is a global not-for-profit organization that implements programs in some of the most challenging environments in the world. Our work includes the delivery of life saving humanitarian assistance to displaced communities, support for communities that are seeking to stabilize and grow and helping to design projects for communities that are building basic infrastructure for long-term resiliency.

    Expenses $48,867,547

As filed on the 2023 return.

Listed in Part VII

  • Jonathan Nash

    President & CEO

    Total calculated
    $472,857
    From this org
    $0
    From related orgs
    $427,402
    Other
    $45,455
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $425,333 related
    Bonus
    $0
    Other
    $0 + $2,069 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $28,955 related
    Filer's total
    $0 + $472,857 related

  • Roman Ponos

    VP, Business Development

    Total calculated
    $267,043
    From this org
    $0
    From related orgs
    $217,345
    Other
    $49,698
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $214,298 related
    Bonus
    $0
    Other
    $0 + $3,047 related
    Deferred
    $0 + $10,465 related
    Nontaxable benefits
    $0 + $39,233 related
    Filer's total
    $0 + $267,043 related

  • Susan Peacock

    VP, Chief Human Resources Officer

    Total calculated
    $246,043
    From this org
    $0
    From related orgs
    $219,632
    Other
    $26,411
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $214,298 related
    Bonus
    $0
    Other
    $0 + $5,334 related
    Deferred
    $0 + $10,465 related
    Nontaxable benefits
    $0 + $15,946 related
    Filer's total
    $0 + $246,043 related

  • Laura Fogarty

    Corp Secy VP, Contract, Grants and Compliance

    Total calculated
    $273,467
    From this org
    $0
    From related orgs
    $235,905
    Other
    $37,562
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,939 related
    Bonus
    $0
    Other
    $0 + $966 related
    Deferred
    $0 + $11,497 related
    Nontaxable benefits
    $0 + $26,065 related
    Filer's total
    $0 + $273,467 related

  • Rob Murphy

    Treasurer, CFO

    Total calculated
    $321,075
    From this org
    $0
    From related orgs
    $267,423
    Other
    $53,652
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $264,583 related
    Bonus
    $0
    Other
    $0 + $2,840 related
    Deferred
    $0 + $12,979 related
    Nontaxable benefits
    $0 + $40,673 related
    Filer's total
    $0 + $321,075 related

  • Zarko Draganic

    Chief of Party

    Total calculated
    $280,948
    From this org
    $235,933
    From related orgs
    $0
    Other
    $45,015
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,135
    Bonus
    $0
    Other
    $63,798
    Deferred
    $8,607
    Nontaxable benefits
    $36,408
    Filer's total
    $280,948

  • Courtney Mallow

    Deputy, Chief Compliance Officer (until 07/2023)

    Total calculated
    $189,875
    From this org
    $177,098
    From related orgs
    $0
    Other
    $12,777
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $90,474
    Bonus
    $0
    Other
    $86,624
    Deferred
    $4,524
    Nontaxable benefits
    $8,253
    Filer's total
    $189,875

  • Hameed Kareem

    Country Director (until 09/2023)

    Total calculated
    $264,475
    From this org
    $230,891
    From related orgs
    $0
    Other
    $33,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $113,333
    Bonus
    $0
    Other
    $117,558
    Deferred
    $5,667
    Nontaxable benefits
    $27,917
    Filer's total
    $264,475

  • Sarah Ness

    Deputy, Chief of Party

    Total calculated
    $216,074
    From this org
    $187,760
    From related orgs
    $6,338
    Other
    $21,976
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,594 + $6,327 related
    Bonus
    $0
    Other
    $40,166 + $11 related
    Deferred
    $7,380 + $316 related
    Nontaxable benefits
    $14,229 + $51 related
    Filer's total
    $209,369 + $6,705 related

  • Daniel Bichanich

    Chief of Party

    Total calculated
    $385,203
    From this org
    $326,992
    From related orgs
    $10,592
    Other
    $47,619
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,313 + $9,188 related
    Bonus
    $0
    Other
    $104,679 + $1,404 related
    Deferred
    $10,566 + $459 related
    Nontaxable benefits
    $36,430 + $164 related
    Filer's total
    $373,988 + $11,215 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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 4a · Severance or change-of-control payment

Answered no

  • 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

The filer's explanations (Part III)

Part I, Line 1a
The following employees received a housing allowance as a part of their taxable compensation in 2023: Zarko Draganic/$3,808 Courtney Mallow/$24,328 Hameed Kareem/$15,586 Sarah Ness/$16,081 Daniel Bichanich/$67,727
Part I, Line 3
The parent organization, Blumont Inc., has procedures for establishing executive compensation including benchmarking with market-based salary surveys for each position.
Part I, Line 4a
The organization provided severance of $16,829 to Hameed Kareem 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 corporations and trusts

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

  • Blumont Engineering Solutions Inc

    C · Civil Engineering · WI

    Directly controlled by Blumont Inc

Provenance

Return type
form_990
Tax year
2023
Filed
30 October 2024
IRS schema version
2023v5.1
Source object
202423059349301342

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.