Logistics Management Institute
- Assets
- $243.1m
- Revenue
- $423.0m
- Investments
- $0.0
- Employees
- 2,396
- Location
- McLean, VA
- Founding
- 01/1962
- Data as of
- 12/2021
- EIN
- 52-0741393
Organization Overview
Logistics Management Institute, operating under the name Noblereach Foundation, is located in McLean, VA. The organization was established in 1962. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Noblereach Foundation employed 2,396 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noblereach Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Noblereach Foundation generated $423.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $409.3m during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE MANAGEMENT OF THE NATION'S PUBLIC SECTOR BY PROVIDING LOGISTICS MANAGEMENT & OTHER GOVERNMENT MANAGEMENT SERVICES TO DEPARTMENT OF DEFENSE & CIVIL AGENCY MANAGERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEPARTMENT OF DEFENSE AGENCIES - PROVIDED LOGISTICS MANAGEMENT AND OTHER GOVERNMENT MANAGEMENT SERVICES TO FACILITATE IMPROVED DECISION MAKING TO BEST SERVE THE PUBLIC INTEREST. PLEASE SEE OUR WEBSITE FOR FURTHER DETAILS.
DEPARTMENT OF HOMELAND SECURITY - PROVIDED LOGISTICS MANAGEMENT AND OTHER GOVERNMENT MANAGEMENT SERVICES TO FACILITATE IMPROVED DECISION MAKING TO BEST SERVE THE PUBLIC INTEREST. PLEASE SEE OUR WEBSITE FOR FURTHER DETAILS.
PROVIDED LOGISTICS MANAGEMENT AND OTHER GOVERNMENT MANAGEMENT SERVICES TO FEDERAL, STATE AND INTERNATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Jack Cfo, Corp Sec & Treasurer | Officer | 36 | $1,205,380 |
Douglas Wagoner President & CEO | OfficerTrustee | 36 | $1,152,135 |
Donna Diederich Chief Human Resource Officer | Officer | 40 | $942,912 |
Rober Lech Vp, Defense Market | Officer | 34 | $629,230 |
Joshua Wilson Svp,service Lines & Technology | Officer | 40 | $598,193 |
Christen Smith Vp, Health & Civil Market | Officer | 40 | $587,524 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John Stanley Consulting | 12/30/21 | $269,595 |
Sravan Ravinutala Consulting | 12/30/21 | $216,162 |
Thea Philloue Consulting | 12/30/21 | $175,600 |
Viorel Alexandru Consulting | 12/30/21 | $114,900 |
Marshall Scott Billingslea Consulting | 12/30/21 | $113,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $421,728,905 |
| Investment income | $159,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,066,202 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $422,975,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,687,182 |
| Compensation of current officers, directors, key employees. | $5,175,756 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $234,364,227 |
| Pension plan accruals and contributions | $11,236,887 |
| Other employee benefits | $12,654,511 |
| Payroll taxes | $16,928,081 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $734,806 |
| Fees for services: Accounting | $730,037 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,230,518 |
| Information technology | $10,115,138 |
| Royalties | $0 |
| Occupancy | $10,669,661 |
| Travel | $1,517,711 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $365,894 |
| Interest | $11,394 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,006,640 |
| Insurance | $666,851 |
| All other expenses | $3,356,331 |
| Total functional expenses | $409,303,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,719,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,515,176 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,795,904 |
| Net Land, buildings, and equipment | $2,814,344 |
| Investments—publicly traded securities | $30,611,820 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $102,805,695 |
| Other assets | $803,039 |
| Total assets | $243,065,154 |
| Accounts payable and accrued expenses | $50,158,962 |
| Grants payable | $0 |
| Deferred revenue | $2,376,735 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,133,415 |
| Total liabilities | $71,669,112 |
| Net assets without donor restrictions | $171,396,042 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $243,065,154 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Logistics Management Institute McLean, VA | $243,065,154 | $422,975,916 |
Associated Universities Inc Washington, DC | $65,127,903 | $114,726,812 |
Ut-Battelle Development Corporation Oak Ridge, TN | $76,867,878 | $25,092,560 |
American Association For Laboratory Accreditation Frederick, MD | $14,574,609 | $21,308,917 |
Heart Rhythm Society Inc Washington, DC | $14,704,509 | $17,863,726 |
North Carolina Advanced Energy Corporation Raleigh, NC | $9,515,286 | $8,839,166 |
Corn Refiners Association Inc Washington, DC | $10,439,497 | $7,705,832 |
Zcash Foundation McLean, VA | $32,799,974 | $26,447,593 |
Institute For Womens Policy Research Washington, DC | $17,100,726 | $10,106,680 |
University Of Maryland Psychiatry Associates P A Baltimore, MD | $10,617,628 | $4,863,213 |
West Virginia University Innovation Corporation Morgantown, WV | $2,905,835 | $5,942,099 |
Health And Environmental Sciences Institute Washington, DC | $8,376,390 | $5,052,599 |