Blue Marble Holdings Corporation
100% goes to programs Strong reserves Declining revenue
Blue Marble Holdings Corporation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1992, with $2,576,845 in FY2023 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
600 Atlantic Ave C/o Hmc Inc, Boston, MA, 02210 EIN 23-7014581 Since 1992
Revenue (FY2023)
$2.6M
▼ 26.6% vs prior year
Education median: $200K
Expenses (FY2023)
$685
Net assets
$65.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Blue Marble Holdings Corporation: 100% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating1148977 mo reserves · +100% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blue Marble Holdings Corporation: 1148977 mo reserves · +100% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Blue Marble Holdings Corporation: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blue Marble Holdings Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Invest funds for the benefit of president & fellows of harvard college, a related 501(c)(3) supported organization.
Contact & location
- Address
- 600 Atlantic Ave C/o Hmc Inc, Boston, MA, 02210
- City
- Boston
- State
- Massachusetts
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $50.8M (FY2013) to $2.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $65.6M
Operating margin
100.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$65.6M
Total liabilities
$0
Net assets
$65.6M
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,576,845▼26.6% | $685▼99.1% | $65,587,412▼0.7% | $65,587,412▼0.7% | 990 |
| 2022 | $3,512,687▼93.7% | $76,859▼11.9% | $66,017,956▼4.1% | $66,017,956▼4.1% | 990 |
| 2021 | $56,144,542▲641% | $87,267▼84.8% | $68,826,326▼55.9% | $68,826,326▼56.0% | 990 |
| 2020 | $7,579,850▲184% | $573,264▼69.2% | $156,188,471▲28.5% | $156,410,794▲28.6% | 990 |
| 2019 | $2,669,004▲104% | $1,862,801▼58.6% | $121,567,686▼50.4% | $121,583,406▼50.4% | 990 |
| 2018 | -$59,986,916▼1896% | $4,500,761▲89.1% | $245,263,717▼32.0% | $245,312,304▼32.0% | 990 |
| 2017 | $3,340,271▲113% | $2,379,631▲22.8% | $360,548,175▼8.2% | $360,681,751▼8.2% | 990 |
| 2016 | -$26,374,163▼245% | $1,938,316▼10.2% | $392,689,700▼49.1% | $392,724,451▼49.1% | 990 |
| 2015 | $18,130,731▼71.8% | $2,158,664▼14.4% | $770,805,555▼13.6% | $770,819,070▼13.6% | 990 |
| 2014 | $64,247,407▲26.6% | $2,521,454▼72.4% | $892,457,493▼5.0% | $892,457,493▼5.7% | 990 |
| 2013 | $50,751,147 | $9,146,219▲4.2% | $939,689,231▲2.8% | $946,184,179▲2.7% | 990 |
| 2012 | — | $8,778,090▲4.7% | $913,954,827▲12.8% | $921,561,963▲13.7% | 990 |
| 2011 | — | $8,383,810▼29.7% | $810,247,490▲12.6% | $810,247,490▲12.6% | 990 |
| 2010 | — | $11,922,463▼80.9% | $719,633,534▲33.4% | $719,633,534▲33.4% | 990 |
| 2009 | — | $62,554,197 | $539,497,403 | $539,497,403 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathryn I Murtagh | Director & Secretary | 1 | — |
| Nirmal P Narvekar | Director & President | 1 | — |
| Sanjeev Daga | Director & Treasurer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Solum Partners LP | Investment Management | — |
| Sggc Consultoria Em Gestao Ltda | Consulting | — |
| Vtx Consultoria Em Gestao Ltda | Consulting | — |
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Compare Blue Marble Holdings Corporation
Frequently asked questions
- Is Blue Marble Holdings Corporation a legitimate nonprofit?
- Yes. Blue Marble Holdings Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7014581, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Blue Marble Holdings Corporation's EIN?
- Blue Marble Holdings Corporation's Employer Identification Number (EIN) is 23-7014581.
- How much revenue does Blue Marble Holdings Corporation report?
- Blue Marble Holdings Corporation reported $2,576,845 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Blue Marble Holdings Corporation's spending goes to programs?
- Blue Marble Holdings Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blue Marble Holdings Corporation have?
- CharityIndex grades Blue Marble Holdings Corporation A, based on program efficiency and fundraising cost.
- How much does Blue Marble Holdings Corporation's highest-paid employee make?
- The highest reported compensation on Blue Marble Holdings Corporation's latest Form 990 is $0, paid to Kathryn I Murtagh (Director & Secretary).
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Data for Blue Marble Holdings Corporation (EIN 23-7014581) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.