Blumont Global Development Inc
- Assets
- $11.7m
- Revenue
- $61.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Arlington, VA
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 81-0925158
Organization Overview
Blumont Global Development Inc is located in Arlington, VA. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Blumont Global Development Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blumont Global Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BLUMONT DELIVERS INNOVATIVE, EVIDENCE BASED, LOCALLY DRIVEN SOLUTIONS THAT ADVANCE THE ASPIRATIONS OF PEOPLE, COMMUNITIES AND DONOR PARTNERS WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Nash President & CEO | OfficerTrustee | 1 | $0 |
Roman Ponos Vice President, Business & Development | Trustee | 1 | $0 |
Susan Peacock Vice President, Chief Human Resources Officer | Trustee | 1 | $0 |
Laura Fogarty Corporate Secretary Vp, Contract, Grants And Compi | Officer | 1 | $0 |
Rob Murphy Treasurer, CFO (started 03.16.2022) | Officer | 1 | $0 |
Zarko Draganic Chief Of Party | 40 | $230,645 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ain Alshbha Company Supplying Fortified Flour | 12/30/22 | $5,790,519 |
Pilgrims Group Limited Risk Management Services | 12/30/22 | $404,646 |
Rahman Safi International Consulting Service | 12/30/22 | $534,313 |
I-aps Consultant Service | 12/30/22 | $113,548 |
Dreshak Hotel Services Hospitality | 12/30/22 | $261,477 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $61,567,376 |
| 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 | $61,567,376 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,567,364 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,188,285 |
| Pension plan accruals and contributions | $30,521 |
| Other employee benefits | $3,115,317 |
| Payroll taxes | $49,315 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,498 |
| Fees for services: Accounting | $19,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $195,146 |
| Advertising and promotion | $0 |
| Office expenses | $1,827,759 |
| Information technology | $84,510 |
| Royalties | $0 |
| Occupancy | $944,818 |
| Travel | $1,559,248 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,856 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $138,786 |
| All other expenses | $8,656,370 |
| Total functional expenses | $61,202,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,671,210 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,639,877 |
| Accounts receivable, net | $0 |
| 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 | $80,660 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $275,265 |
| Total assets | $11,667,012 |
| Accounts payable and accrued expenses | $7,193,036 |
| Grants payable | $0 |
| Deferred revenue | $557,249 |
| 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 | $6,314,465 |
| Total liabilities | $14,064,750 |
| Net assets without donor restrictions | -$2,397,738 |
| 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 | $11,667,012 |