THE BOMA PROJECT INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
THE BOMA PROJECT INC (EIN 84-1671995)
Tax period
2022-10-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202323199349312852
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T13:26:18-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN030325875PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVIS & HODGDON ASSOCIATES CPAS PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line133 BLAIR PARK RD STE 201AddressLine1Txt
CityWILLISTONCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05495ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN841671995EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BOMA PROJECT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBOMABusinessNameControlTxt
Phone8022312542PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1865AddressLine1Txt
CityMANCHESTER CENTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05255ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN J KELLYPersonNm
Person TitleTREASURER & CFOPersonTitleTxt
Phone8028755257PhoneNum
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEPHENPersonFirstNm
Person LastKELLYPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRET HODGDONPreparerPersonNm
PTINP00497283PTIN
Phone8028781963PhoneNum
Preparation2023-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN J KELLYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1865AddressLine1Txt
CityMANCHESTER CENTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05255ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,409,850GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BOMAPROJECT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionBOMA'S MISSION IS TO PROVIDE THE PEOPLE AND GOVERNMENTS OF AFRICA'S DRYLANDS WITH ECONOMIC INCLUSION PROGRAMS THAT INCREASE RESILIENCE TO ECONOMIC AND ENVIRONMENTAL SHOCKS.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee14TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$10,625,906PYContributionsGrantsAmt
CY Contributions Grants$1,374,755CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$26,382PYInvestmentIncomeAmt
CY Investment Income$22,976CYInvestmentIncomeAmt
PY Other Revenue$2,185PYOtherRevenueAmt
CY Other Revenue$1,981CYOtherRevenueAmt
PY Total Revenue$10,654,473PYTotalRevenueAmt
CY Total Revenue$1,399,712CYTotalRevenueAmt
PY Grants And Similar Paid$7,204,315PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,699,403CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,272,654PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$409,690CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$97,878CYTotalFundraisingExpenseAmt
PY Other Expenses$1,318,549PYOtherExpensesAmt
CY Other Expenses$256,054CYOtherExpensesAmt
PY Total Expenses$9,795,518PYTotalExpensesAmt
CY Total Expenses$4,365,147CYTotalExpensesAmt
PY Revenues Less Expenses$858,955PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,965,435CYRevenuesLessExpensesAmt
Total Assets BOY$13,630,216TotalAssetsBOYAmt
Total Assets EOY$10,648,272TotalAssetsEOYAmt
Total Liabilities BOY$105,980TotalLiabilitiesBOYAmt
Total Liabilities EOY$72,926TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,524,236NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,575,346NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBOMA'S MISSION IS TO PROVIDE THE PEOPLE AND GOVERNMENTS OF AFRICA'S DRYLANDS WITH ECONOMIC INCLUSION PROGRAMS THAT INCREASE RESILIENCE TO ECONOMIC AND ENVIRONMENTAL SHOCKS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,565,086ExpenseAmt
Grant$3,363,578GrantAmt
DescTHE RURAL ENTREPRENEUR ACCESS PROJECT ("REAP") IS AN INNOVATIVE, DATA DRIVEN, HIGH-IMPACT, GENDER FOCUSED POVERTY GRADUATION PROGRAM THAT TARGETS ULTRA-POOR WOMEN AT THE EPICENTER OF EXTREME POVERTY, CLIMATE CHANGE AND THE TRUE "LAST MILE" OF ECONOMIC AND SOCIAL-ISOLATION. THROUGH A TWO-YEAR PROCESS OF SEQUENCED INTERVENTIONS - INCLUDING A CASH TRANSFER TO START A SMALL BUSINESS, FINANCIAL AND LIFE SKILLS TRAINING, MENTORING, AND A SAVINGS PROGRAM - REAP HELPS THE POOREST AND MOST VULNERABLE WOMEN ESTABLISH SAVINGS TO BUILD THEIR RESILIENCE TO SHOCKS AND LIFT THEMSELVES AND THEIR FAMILIES OUT OF EXTREME POVERTY. ON AVERAGE, 96% OF WOMEN "GRADUATE" FROM EXTREME POVERTY BASED ON BOMA'S STRICT CRITERIA, MEANING THEY HAVE FOOD FOR THEIR CHILDREN, DIVERSIFIED INCOME AND SAVINGS, AND THE ABILITY TO PAY FOR LIFE-CHANGING RESOURCES LIKE EDUCATION AND MEDICAL CARE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$392,203ExpenseAmt
Grant$335,825GrantAmt
DescTECHNICAL ADVISORY - AS A STRATEGIC PARTNER AND TECHNICAL ADVISOR TO NON- GOVERNMENTAL ORGANIZATIONS, BOMA LEVERAGES ITS EXPERTISE AND CONCLUSIVE EVIDENCE OF IMPACT TO EMBED THE GRADUATION APPROACH INTO HUMANITARIAN RESPONSE SYSTEMS IN FRAGILE STATES AND REGIONS. AS A TECHNICAL ADVISOR TO GOVERNMENTS, BOMA SUPPORTS THE ACTIVITIES AND PROCESSES THAT WILL LEAD TO THE ADOPTION OF THE GRADUATION APPROACH INTO SOCIAL PROTECTION SYSTEMS, BEGINNING WITH KENYA.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$28,286ExpenseAmt
DescEDUCATION AND ADVOCACY - BOMA HAS A STRONG COMMITMENT TO EXPAND THE KNOWLEDGE OF POVERTY GRADUATION, LIVELIHOODS, GENDER PROGRAMMING, FINANCIAL INCLUSION, AND SAVINGS MODELS BY COLLABORATING WITH RESEARCH INSTITUTIONS AND PARTNERS THAT CAN HELP US ADVANCE GLOBAL KNOWLEDGE OF THE UNIQUE CHALLENGES IN THE ARID LANDS OF AFRICA. BOMA CONTINUES TO BRING THE ISSUES OF THE MOST VULNERABLE POPULATIONS IN FORGOTTEN AREAS INTO GLOBAL DEBATE THROUGH PUBLICATIONS AND SPEAKING ENGAGEMENTS. IN ADDITION, BOMA CONDUCTS OUTREACH WITH GOVERNMENTS AND OTHER STAKEHOLDERS IN THE POVERTY GRADUATION FIELD BY HOSTING POVERTY GRADUATION LEARNING EVENTS, FIELD VISITS, AND BRIEFINGS FOR GOVERNMENT DELEGATIONS, SUCH AS FOR KENYA, ETHIOPIA AND SUDAN, WHO ARE INTERESTED IN TESTING BOMA'S MODEL IN THEIR COUNTRIES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,985,575TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee14EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVTStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSTEPHEN J KELLYPersonNm
Phone8022312542PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1865AddressLine1Txt
CityMANCHESTER CENTERCityNm
State AbbreviationVTStateAbbreviationCd
ZIP05255ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
H PERRY BOYLE JR
CHAIR2.00Yes (X)Yes (X)$0$0$0
ELSIE MBUGUA
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
WILLIAM AMBROSE
DIRECTOR2.00Yes (X)$0$0$0
PATRICIA CAMPBELL
DIRECTOR2.00Yes (X)$0$0$0
GREGORY COUSSA
DIRECTOR2.00Yes (X)$0$0$0
FRANK DEGIOVANNI
DIRECTOR2.00Yes (X)$0$0$0
JACQUELINE DEL ROSSI
DIRECTOR2.00Yes (X)$0$0$0
MARK FLYNN
TRUSTEE/DIRE2.00Yes (X)$0$0$0
MOGES GEBREMEDHIN
TRUSTEE/DIRE2.00Yes (X)$0$0$0
SPRING HOLLIS
DIRECTOR2.00Yes (X)$0$0$0
SRILATHA KOTHAR
DIRECTOR2.00Yes (X)$0$0$0
ALLYSON SOUZA
DIRECTOR2.00Yes (X)$0$0$0
JOHN T STEPHENS
CEO45.00Yes (X)$234,090$0$24,100
STEPHEN J KELLY
TREASURER &45.00Yes (X)$180,898$0$18,858
JAYA TIWARI
VP/DIR STRAT45.00$190,715$0$11,443Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$605,703TotalReportableCompFromOrgAmt
Total Other Compensation$54,401TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HELEN KILBERBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line13133 NE RODNEY AVENUEAddressLine1Txt
CityPORTLANDCityNm
State AbbreviationORStateAbbreviationCd
ZIP97212ZIPCd
FieldValueIRS element (for citing)
ServicesCONTRACT EMPLOYServicesDesc
Compensation$112,687CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$339,130GovernmentGrantsAmt
All Other Contributions$1,035,625AllOtherContributionsAmt
Total Contributions$1,374,755TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,962TotalRevenueColumnAmt
Exclusion$19,962ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$13,152SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,138SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,014SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,014TotalRevenueColumnAmt
Exclusion$3,014ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$1,981TotalRevenueColumnAmt
Exclusion$1,981ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,981OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,399,712TotalRevenueColumnAmt
Exclusion$24,957ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$3,699,403TotalAmt
Program Services$3,699,403ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$118,932TotalAmt
Program Services$44,222ProgramServicesAmt
Management And General$58,354ManagementAndGeneralAmt
Fundraising$16,356FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$240,850TotalAmt
Program Services$89,011ProgramServicesAmt
Management And General$118,611ManagementAndGeneralAmt
Fundraising$33,228FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,941TotalAmt
Program Services$8,390ProgramServicesAmt
Management And General$7,155ManagementAndGeneralAmt
Fundraising$2,396FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$16,180TotalAmt
Program Services$5,142ProgramServicesAmt
Management And General$8,863ManagementAndGeneralAmt
Fundraising$2,175FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,787TotalAmt
Program Services$5,912ProgramServicesAmt
Management And General$7,677ManagementAndGeneralAmt
Fundraising$2,198FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$116,822TotalAmt
Program Services$64,475ProgramServicesAmt
Management And General$28,834ManagementAndGeneralAmt
Fundraising$23,513FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,407TotalAmt
Program Services$693ProgramServicesAmt
Management And General$2,376ManagementAndGeneralAmt
Fundraising$338FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$64,296TotalAmt
Program Services$58,928ProgramServicesAmt
Management And General$2,084ManagementAndGeneralAmt
Fundraising$3,284FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,784TotalAmt
Management And General$6,784ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$25,834TotalAmt
Program Services$4,868ProgramServicesAmt
Management And General$20,282ManagementAndGeneralAmt
Fundraising$684FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$19,517TotalAmt
Program Services$2,199ProgramServicesAmt
Management And General$17,318ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,185TotalAmt
Program Services$950ProgramServicesAmt
Management And General$1,129ManagementAndGeneralAmt
Fundraising$1,106FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OUTREACH AND PUBLICATIONS$10,585$452$671$9,462
BANK AND OTHER FEES$5,624$930$1,556$3,138

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,365,147TotalAmt
Program Services$3,985,575ProgramServicesAmt
Management And General$281,694ManagementAndGeneralAmt
Fundraising$97,878FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$59,842BOYAmt
EOY$23,975EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$12,090,391BOYAmt
EOY$8,719,474EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$415,606BOYAmt
EOY$843,991EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$61,554BOYAmt
EOY$44,131EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,002,823BOYAmt
EOY$1,016,701EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,630,216BOYAmt
EOY$10,648,272EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$105,980BOYAmt
EOY$72,926EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$105,980BOYAmt
EOY$72,926EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,308,780BOYAmt
EOY$7,624,174EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,215,456BOYAmt
EOY$2,951,172EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,524,236BOYAmt
EOY$10,575,346EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,630,216BOYAmt
EOY$10,648,272EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,965,435ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$16,545NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,836,583CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,759,071CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,078,496CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,625,906CurrentTaxYearMinus1YearAmt
Current Tax Year$1,374,755CurrentTaxYearAmt
Total$35,674,811TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,836,583CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,759,071CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,078,496CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,625,906CurrentTaxYearMinus1YearAmt
Current Tax Year$1,374,755CurrentTaxYearAmt
Total$35,674,811TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$16,726,806SubstantialContributorsTotAmt
Public Support Total170$18,948,005PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,617CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,885CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$25,694CurrentTaxYearMinus1YearAmt
Current Tax Year$19,962CurrentTaxYearAmt
Total$85,071TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,806CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,815CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,437CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,185CurrentTaxYearMinus1YearAmt
Current Tax Year$1,981CurrentTaxYearAmt
Total$9,224TotalAmt
FieldValueIRS element (for citing)
Total Support$35,769,106TotalSupportAmt
Public Support CY1700.52970PublicSupportCY170Pct
Public Support PY1700.54000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
Explanation7,243ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
SUB-SAHARAN AFRICAGRANTS TO NGORURAL ENTREPRENEURS$2,109,831
SUB-SAHARAN AFRICAGRANTS TO PARTNERSRURAL ENTREPRENEURS$879,924
SUB-SAHARAN AFRICAGRANTS TO PARTNERSRURAL ENTREPRENEURS$278,125
SUB-SAHARAN AFRICAGRANTS TO PARTNERSRURAL ENTREPRENEURS$431,523
FieldValueIRS element (for citing)
Subtotal Spent$3,699,403SubtotalSpentAmt
Total Spent$3,699,403TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
SUB-SAHARAN AFRICAPROGRAM SUPPORT$2,109,831WIRE TRANSFER
SUB-SAHARAN AFRICAPROGRAM SUPPORT$879,924WIRE TRANSFER
SUB-SAHARAN AFRICAPROGRAM SUPPORT$278,125WIRE TRANSFER
SUB-SAHARAN AFRICAPROGRAM SUPPORT$431,523WIRE TRANSFER
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE F, PAGE 1, PART I, LINE 3SUB-SAHARAN AFRICA 2,109,831 0 SUB-SAHARAN AFRICA 879,924 0 SUB-SAHARAN AFRICA 278,125 0 SUB-SAHARAN AFRICA 431,523 0
SCHEDULE F, PAGE 5, PART VPART I LINE 2: FOR GRANTS TO ORGANIZATIONS OUTSIDE THE U.S., THE ORGANIZATION REQUIRES A DETAILED MONTHLY ACCOUNTING OF ALL FUNDS TRANSFERRED. FOR SUBGRANTS TO GRANT PARTNERS, AMOUNTS ARE PAID TO GRANT PARTNERS IN ACCORDANCE WITH GRANT BUDGETS ONCE THE GRANT PARTNERS SUBMIT CLAIMS FOR DISBURSEMENTS. PART I LINE 3 COL (F): ALL OF THE AMOUNTS LISTED IN COLUMN (F) WERE CASH GRANTS TO A KENYAN NGO OR SUBGRANTS TO GRANT PARTNERS AND ARE RECORDED ON AN ACCRUAL BASIS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
JOHN T STEPHENS
CEO$234,090$14,045$10,055$258,190
STEPHEN J KELLY
TREASURER & CFO$180,898$10,854$8,004$199,756
JAYA TIWARI
VP/DIR STRAT PARTNER$190,715$11,443$202,158

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ATHE RURAL ENTREPRENEUR ACCESS PROJECT ("REAP") IS AN INNOVATIVE, DATA DRIVEN, HIGH-IMPACT, GENDER FOCUSED POVERTY GRADUATION PROGRAM THAT TARGETS ULTRA-POOR WOMEN AT THE EPICENTER OF EXTREME POVERTY, CLIMATE CHANGE AND THE TRUE "LAST MILE" OF ECONOMIC AND SOCIAL-ISOLATION. THROUGH A TWO-YEAR PROCESS OF SEQUENCED INTERVENTIONS - INCLUDING A CASH TRANSFER TO START A SMALL BUSINESS, FINANCIAL AND LIFE SKILLS TRAINING, MENTORING, AND A SAVINGS PROGRAM - REAP HELPS THE POOREST AND MOST VULNERABLE WOMEN ESTABLISH SAVINGS TO BUILD THEIR RESILIENCE TO SHOCKS AND LIFT THEMSELVES AND THEIR FAMILIES OUT OF EXTREME POVERTY. ON AVERAGE, 96% OF WOMEN "GRADUATE" FROM EXTREME POVERTY BASED ON BOMA'S STRICT CRITERIA, MEANING THEY HAVE FOOD FOR THEIR CHILDREN, DIVERSIFIED INCOME AND SAVINGS, AND THE ABILITY TO PAY FOR LIFE-CHANGING RESOURCES LIKE EDUCATION AND MEDICAL CARE.
FORM 990, PAGE 2, PART III, LINE 4CEDUCATION AND ADVOCACY - BOMA HAS A STRONG COMMITMENT TO EXPAND THE KNOWLEDGE OF POVERTY GRADUATION, LIVELIHOODS, GENDER PROGRAMMING, FINANCIAL INCLUSION, AND SAVINGS MODELS BY COLLABORATING WITH RESEARCH INSTITUTIONS AND PARTNERS THAT CAN HELP US ADVANCE GLOBAL KNOWLEDGE OF THE UNIQUE CHALLENGES IN THE ARID LANDS OF AFRICA. BOMA CONTINUES TO BRING THE ISSUES OF THE MOST VULNERABLE POPULATIONS IN FORGOTTEN AREAS INTO GLOBAL DEBATE THROUGH PUBLICATIONS AND SPEAKING ENGAGEMENTS. IN ADDITION, BOMA CONDUCTS OUTREACH WITH GOVERNMENTS AND OTHER STAKEHOLDERS IN THE POVERTY GRADUATION FIELD BY HOSTING POVERTY GRADUATION LEARNING EVENTS, FIELD VISITS, AND BRIEFINGS FOR GOVERNMENT DELEGATIONS, SUCH AS FOR KENYA, ETHIOPIA AND SUDAN, WHO ARE INTERESTED IN TESTING BOMA'S MODEL IN THEIR COUNTRIES.
FORM 990, PAGE 6, PART VI, LINE 11BA DRAFT OF FORM 990 IS REVIEWED BY THE CEO, CFO, AND THE AUDIT AND FINANCE COMMITTEES WITH A FINAL VERSION MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO ANNUALLY SUBMIT A "CONFLICT OF INTEREST DISCLOSURE STATEMENT."
FORM 990, PAGE 6, PART VI, LINE 15ADISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS REVIEW AND APPROVE SENIOR MANAGEMENT SALARY DURING THE ANNUAL REVIEW PROCESS.
FORM 990, PAGE 6, PART VI, LINE 15BDISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS REVIEW AND APPROVE SENIOR MANAGEMENT SALARY DURING THE ANNUAL REVIEW PROCESS.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATIONAL DOCUMENTS IN QUESTION ARE MADE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE ON GUIDESTAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.