Overview
What is Blumont Global Development Inc?
Blumont Global Development Inc is a global not-for-profit organization, based in Arlington, Virginia, with a team of four individuals. They are dedicated to implementing programs in challenging environments worldwide. Their work encompasses the delivery of humanitarian assistance to displaced communities, supporting communities in stabilization and growth, and designing projects for communities building long-term infrastructure. Blumont's innovative and locally driven solutions advance the aspirations of people, communities, and donor partners globally. Through collaborations with US-based clients, they tailor programs ranging from relief and early recovery to development, informed by local perspectives.
Official website here: www.blumont.org
What are the reviews and ratings of this charity?
Charity Navigator rates Blumont Global Development Inc with a score of 66%, resulting in a Two-Star out of Four Star rating. This rating reflects concerns primarily in the area of accountability and finance, as the score is based entirely on this single beacon. While the organization has demonstrated strong program expense ratios at 83.95%, indicating a high proportion of funds directed toward its mission, the overall governance and financial management aspects received lower ratings.
One notable strength of Blumont is the absence of material diversion of assets, which suggests a commitment to ethical practices. Additionally, the organization has implemented several policies including conflict of interest and whistleblower protections, contributing positively to its governance framework. However, significant weaknesses are apparent, including a lack of independent board members, which raises concerns about oversight and decision-making integrity.
Furthermore, Blumont's liabilities to assets ratio is concerning at 120.55%, indicating potential financial risk. The organization also failed to post its tax form on its website, which negatively impacts transparency. Overall, while Blumont demonstrates some positive financial practices and compliance policies, improvements in governance and financial oversight are necessary for it to enhance its accountability and ultimately its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Blumont Global Development Inc legitimate?
Blumont Global Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blumont Global Development Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,188,285
For more financial information, click here
Official website here: www.blumont.org
What is the mission statement of Blumont Global Development Inc?
Blumont Global Development Inc is a not-for-profit organization dedicated to delivering innovative and locally driven solutions that advance the aspirations of people and communities worldwide. Their mission is to work with clients on programs tailored to operational contexts and informed by local perspectives, ranging from relief and early recovery to development. Blumont's work includes delivering life-saving humanitarian assistance to displaced communities, supporting those seeking to stabilize and grow, and helping design projects for communities building basic infrastructure for long-term resilience. Their approach ensures that their efforts are effective and sustainable, making a positive impact on people's lives around the world.
Official website here: www.blumont.org
Who is the CEO of Blumont Global Development Inc?
Jonathan Nash is the President & Ceo of Blumont Global Development Inc. The CEO's salary of Blumont Global Development Inc is $0 and their total compensation is $422,643.
Official website here: www.blumont.org
What is the revenue of Blumont Global Development Inc?
Blumont Global Development Inc's revenue in 2022 was $61,567,364.
Official website here: www.blumont.org
Who are the executives of Blumont Global Development Inc and what are their salaries?
The average compensation at Blumont Global Development Inc during 2022 was $1,797,071. There are 4 employees at Blumont Global Development Inc.
Here are 9 key members and their salaries (Blumont Global Development Inc's CEO's salary is $0 and their total compensation is $422,643):
- Compensation: $0
- Related: $379,509
- Other: $43,134
- Compensation: $0
- Related: $205,286
- Other: $47,638
- Compensation: $0
- Related: $210,538
- Other: $24,639
- Compensation: $0
- Related: $235,658
- Other: $35,695
- Compensation: $0
- Related: $188,854
- Other: $38,962
- Compensation: $230,645
- Related: $0
- Other: $44,156
- Compensation: $259,265
- Related: $0
- Other: $19,248
- Compensation: $193,526
- Related: $0
- Other: $23,358
- Compensation: $156,131
- Related: $0
- Other: $16,326
Official website here: www.blumont.org
Where can I find the form 990 for Blumont Global Development Inc?
Blumont Global Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blumont.org
Learn more at the official website: www.blumont.org
Mission Statement of Blumont Global Development Inc
Blumont Global Development Inc, a leading not-for-profit organization, is dedicated to delivering innovative, evidence-based, locally driven solutions that align with the aspirations of people, communities, and donor partners worldwide. By collaborating with US-based clients, Blumont designs and implements programs, ranging from relief and early recovery to development, tailored to operational contexts and informed by local perspectives.
The mission of Blumont Global Development Inc extends beyond the borders of conventional humanitarian work. They are committed to providing life-saving assistance to displaced communities, supporting those aiming to stabilize and grow, and helping design projects for communities building basic infrastructure for long-term resilience. Blumont's expertise lies in understanding the unique challenges of some of the most challenging environments in the world and delivering effective, sustainable solutions. Their work encompasses the delivery of critical humanitarian assistance, community stabilization, and long-term project design, all guided by local insights to create meaningful change.
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Impact
October, 2024
Blumont Global Development Inc significantly impacts communities worldwide by implementing evidence-based and locally driven solutions tailored to meet the specific needs of individuals and groups in some of the most challenging environments. Their work encompasses a broad spectrum of humanitarian assistance, focusing on delivering life-saving support to displaced communities while also fostering stabilization and growth.
By addressing immediate needs and promoting long-term resilience, Blumont actively contributes to rebuilding lives and communities. They aid in the development of basic infrastructure, ensuring that the communities not only recover but are also better equipped for future challenges. Their partnerships with U.S.-based clients further strengthen their initiatives, allowing for programs that range from rapid relief efforts to sustainable development projects. Through these efforts, Blumont advances the aspirations of people, communities, and donor partners, ensuring a more resilient and hopeful future for those they serve.
This information is meant to be a general summary of Blumont Global Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $61,567,364
Assets and Liabilities:
- Total Assets: $11,667,012
- Total Liabilities: $14,064,750
- Net Assets: -$2,397,738
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Organization Details
Founding Year
2015
Phone
(703) 248-0161Principal Officer
Jonathan Nash
Main Address
1777 NORTH KENT STREET 300, ARLINGTON, VA, 22209
Website
www.blumont.orgNTEE Category
Code: Q33 - International
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