Blumont Global Development Inc
80% goes to programs $0 to raise $100 Thin reserves
Blumont Global Development Inc is a 501(c)(3) organization based in Arlington, Virginia, registered in 2016, with $55,415,276 in FY2024 revenue. CharityIndex grades it C+, and it directs about 80% of spending to programs.
1300 17th Street North, Arlington, VA, 22209 EIN 81-0925158 Since 2016
Revenue (FY2024)
$55.4M
▼ 6.6% vs prior year
International median: $227K
Expenses (FY2024)
$55.0M
Net assets
-$4,851
Employees
4
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating80% to programs · $0 to raise $100
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 Blumont Global Development Inc: 80% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +1% 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 Blumont Global Development Inc: 0 mo reserves · +1% margin earns a D 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 Blumont Global Development Inc: 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 Blumont Global Development Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Blumont helps communities worldwide overcome challenges and lay a foundation for progress.
Contact & location
- Address
- 1300 17th Street North, Arlington, VA, 22209
- City
- Arlington
- State
- Virginia
- Subcategory
- International Development & Relief
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2016) to $55.4M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10.4MNet assets -$4,851
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.4M
Total liabilities
$10.4M
Net assets
-$4,851
Salaries & benefits
$7.6M
14% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,415,276▼6.6% | $55,031,460▼6.7% | -$4,851▲99.8% | $10,388,659▲37.8% | 990 |
| 2023 | $59,310,719▼3.7% | $59,002,775▼3.6% | -$2,089,792▲12.8% | $7,539,254▼35.4% | 990 |
| 2022 | $61,567,364▲17.5% | $61,202,795▲16.7% | -$2,397,738▲13.2% | $11,667,012▲13.1% | 990 |
| 2021 | $52,380,007▲18.9% | $52,455,265▲14.3% | -$2,762,307▼2.8% | $10,315,810▲68.6% | 990 |
| 2020 | $44,038,601▲14.3% | $45,873,522▲19.7% | -$2,687,049▼215% | $6,119,202▼11.1% | 990 |
| 2019 | $38,517,492▲8.5% | $38,318,178▲8.0% | -$852,128▲19.0% | $6,882,435▼7.7% | 990 |
| 2018 | $35,493,795▲27.6% | $35,478,592▲20.9% | -$1,051,435▲1.4% | $7,458,342▲107% | 990 |
| 2017 | $27,825,545 | $29,335,344 | -$1,066,638 | $3,599,814 | 990 |
| 2016 | $0 | $0 | $0 | $0 | 990EZ |
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 (FY2024)
Highest-paid: Zarko Draganic — $371,926 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Zarko Draganic | Chief of Party | 40 | $371,926 |
| Daniel Bichanich | Chief of Party | 40 | $304,803 |
| Sarah Ness | Deputy, Chief of Party | 40 | $202,237 |
| Jonathan Nash | President & Ceo | 1 | — |
| Laura Fogarty | Corp Secy Vp, Contract, Grants and Compliance | 1 | — |
| Rob Murphy | Treasurer, Cfo | 1 | — |
| Roman Ponos | Vp, Bus. Development (until 4/2024) | 1 | — |
| Susan Peacock | Vp, Chief Human Resources | 1 | — |
| Velora Loughmiller | Chief Bus. Development Officer (from 7/2024) | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ain Al-shahba General Contracting and Tr | General Contractor Services | $1,194,540 |
| Norwegian Refugee Council | Water Network Service | $624,016 |
| Syrian Emergency Task Force | General Contractor Services | $161,599 |
| Integrity Global Inc | Communication and Reporting Services | $146,524 |
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Frequently asked questions
- Is Blumont Global Development Inc a legitimate nonprofit?
- Yes. Blumont Global Development Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-0925158, based in Arlington, Virginia. Donations are tax-deductible.
- What is Blumont Global Development Inc's EIN?
- Blumont Global Development Inc's Employer Identification Number (EIN) is 81-0925158.
- How much revenue does Blumont Global Development Inc report?
- Blumont Global Development Inc reported $55,415,276 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Blumont Global Development Inc's spending goes to programs?
- Blumont Global Development Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blumont Global Development Inc have?
- CharityIndex grades Blumont Global Development Inc C+, based on program efficiency and fundraising cost.
- How much does Blumont Global Development Inc's highest-paid employee make?
- The highest reported compensation on Blumont Global Development Inc's latest Form 990 is $371,926, paid to Zarko Draganic (Chief of Party).
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Data for Blumont Global Development Inc (EIN 81-0925158) 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.