THE BOMA PROJECT INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE BOMA PROJECT INC (EIN 84-1671995)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-07-29
IRS object ID
202242109349301434
Schema version
2020v4.0
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)
Return2022-07-29T15:56:04-05:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

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 Begin2020-10-01TaxPeriodBeginDt

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
Signature2022-07-25SignatureDt
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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRET HODGDONPreparerPersonNm
PTINP00497283PTIN
Phone8028781963PhoneNum
Preparation2022-07-29PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$15,129,338GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BOMAPROJECT.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateVTLegalDomicileStateCd
Activity Or MissionTHE BOMA PROJECT EMPOWERS WOMEN IN THE DRY LANDS OF AFRICA TO ESTABLISH SUSTAINABLE LIVELIHOODS, BUILD RESILIENT FAMILIES, GRADUATE FROM EXTREME POVERTY AND CATALYZE CHANGE IN THEIR RURAL COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,759,071PYContributionsGrantsAmt
CY Contributions Grants$15,078,496CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$7,529PYInvestmentIncomeAmt
CY Investment Income$13,496CYInvestmentIncomeAmt
PY Other Revenue$1,815PYOtherRevenueAmt
CY Other Revenue$1,437CYOtherRevenueAmt
PY Total Revenue$4,768,415PYTotalRevenueAmt
CY Total Revenue$15,093,429CYTotalRevenueAmt
PY Grants And Similar Paid$1,969,640PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,310,535CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$995,459PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,091,822CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$406,440CYTotalFundraisingExpenseAmt
PY Other Expenses$288,320PYOtherExpensesAmt
CY Other Expenses$569,756CYOtherExpensesAmt
PY Total Expenses$3,253,419PYTotalExpensesAmt
CY Total Expenses$4,972,113CYTotalExpensesAmt
PY Revenues Less Expenses$1,514,996PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,121,316CYRevenuesLessExpensesAmt
Total Assets BOY$2,708,179TotalAssetsBOYAmt
Total Assets EOY$12,762,735TotalAssetsEOYAmt
Total Liabilities BOY$157,366TotalLiabilitiesBOYAmt
Total Liabilities EOY$31,609TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,550,813NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,731,126NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE BOMA PROJECT EMPOWERS WOMEN IN THE DRY LANDS OF AFRICA TO ESTABLISH SUSTAINABLE LIVELIHOODS, BUILD RESILIENT FAMILIES, GRADUATE FROM EXTREME POVERTY AND CATALYZE CHANGE IN THEIR RURAL COMMUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,724,666ExpenseAmt
Grant$3,310,535GrantAmt
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$230,189ExpenseAmt
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$177,862ExpenseAmt
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$4,132,717TotalProgramServiceExpensesAmt
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 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
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 Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee8EmployeeCnt
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 (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
H PERRY BOYLE JR
CHAIR4.00Yes (X)Yes (X)$0$0$0
WILLIAM AMBROSE
VICE CHAIR2.00Yes (X)Yes (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
ALLYSON SOUZA
DIRECTOR2.00Yes (X)$0$0$0
SPRING HOLLIS
DIRECTOR2.00Yes (X)$0$0$0
ELSIE MBUGUA
DIRECTOR2.00Yes (X)$0$0$0
SRILATHA KOTHUR
DIRECTOR2.00Yes (X)$0$0$0
JOHN T STEPHENS
CEO40.00Yes (X)$150,000$0$9,000
STEPHEN J KELLY
TREASURER &40.00Yes (X)$127,165$0$16,084
JAYA TIWARI
VP/DIR STRAT40.00$123,480$0$7,409Yes (X)
WENDY CHAMBERLIN
GLOBAL PROGR40.00$102,718$0$23,939Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$503,363TotalReportableCompFromOrgAmt
Total Other Compensation$56,432TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$478,628GovernmentGrantsAmt
All Other Contributions$14,599,868AllOtherContributionsAmt
Total Contributions$15,078,496TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,885TotalRevenueColumnAmt
Exclusion$13,885ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$35,520SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$35,909SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$389SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$389TotalRevenueColumnAmt
Exclusion-$389ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$1,437TotalRevenueColumnAmt
Exclusion$1,437ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,437OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,093,429TotalRevenueColumnAmt
Exclusion$14,933ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$3,310,535TotalAmt
Program Services$3,310,535ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$331,370TotalAmt
Program Services$141,540ProgramServicesAmt
Management And General$84,419ManagementAndGeneralAmt
Fundraising$105,411FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$540,251TotalAmt
Program Services$225,266ProgramServicesAmt
Management And General$140,299ManagementAndGeneralAmt
Fundraising$174,686FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$31,190TotalAmt
Program Services$12,918ProgramServicesAmt
Management And General$8,136ManagementAndGeneralAmt
Fundraising$10,136FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$119,049TotalAmt
Program Services$88,070ProgramServicesAmt
Management And General$12,303ManagementAndGeneralAmt
Fundraising$18,676FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$69,962TotalAmt
Program Services$27,838ProgramServicesAmt
Management And General$20,595ManagementAndGeneralAmt
Fundraising$21,529FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$947TotalAmt
Management And General$947ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,900TotalAmt
Management And General$11,900ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$351,806TotalAmt
Program Services$231,541ProgramServicesAmt
Management And General$94,488ManagementAndGeneralAmt
Fundraising$25,777FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$649TotalAmt
Fundraising$649FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,158TotalAmt
Program Services$2,045ProgramServicesAmt
Management And General$5,182ManagementAndGeneralAmt
Fundraising$1,931FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$79,134TotalAmt
Program Services$51,245ProgramServicesAmt
Management And General$9,591ManagementAndGeneralAmt
Fundraising$18,298FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$52,476TotalAmt
Program Services$18,247ProgramServicesAmt
Management And General$27,825ManagementAndGeneralAmt
Fundraising$6,404FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$22,648TotalAmt
Program Services$12,514ProgramServicesAmt
Management And General$10,000ManagementAndGeneralAmt
Fundraising$134FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,363TotalAmt
Management And General$1,363ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,289TotalAmt
Program Services$3,577ProgramServicesAmt
Management And General$2,533ManagementAndGeneralAmt
Fundraising$2,179FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FEES$19,728$2,906$2,538$14,284
OUTREACH AND PUBLICATIONS$10,469$4,123$6,346
MISCELLANEOUS$1,189$352$837

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,972,113TotalAmt
Program Services$4,132,717ProgramServicesAmt
Management And General$432,956ManagementAndGeneralAmt
Fundraising$406,440FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$37,124BOYAmt
EOY$25,471EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,518,805BOYAmt
EOY$11,645,621EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$111,468BOYAmt
EOY$10,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$47,817BOYAmt
EOY$35,053EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$992,965BOYAmt
EOY$1,046,590EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,708,179BOYAmt
EOY$12,762,735EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,866BOYAmt
EOY$31,609EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$145,500BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$157,366BOYAmt
EOY$31,609EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,796,169BOYAmt
EOY$12,060,616EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$754,644BOYAmt
EOY$670,510EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,550,813BOYAmt
EOY$12,731,126EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,708,179BOYAmt
EOY$12,762,735EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$10,121,316ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$58,997NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
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$2,244,825CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,147,583CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,836,583CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,759,071CurrentTaxYearMinus1YearAmt
Current Tax Year$15,078,496CurrentTaxYearAmt
Total$29,066,558TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,244,825CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,147,583CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,836,583CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,759,071CurrentTaxYearMinus1YearAmt
Current Tax Year$15,078,496CurrentTaxYearAmt
Total$29,066,558TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,256,333SubstantialContributorsTotAmt
Public Support Total170$14,810,225PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,839CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,078CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,913CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,617CurrentTaxYearMinus1YearAmt
Current Tax Year$13,885CurrentTaxYearAmt
Total$59,332TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,228CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,466CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,806CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,815CurrentTaxYearMinus1YearAmt
Current Tax Year$1,437CurrentTaxYearAmt
Total$9,752TotalAmt
FieldValueIRS element (for citing)
Total Support$29,135,642TotalSupportAmt
Public Support CY1700.50830PublicSupportCY170Pct
Public Support PY1700.64970PublicSupportPY170Pct
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
Explanation8,315ExplanationTxt

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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$15,152,037TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$58,608NetUnrealizedGainsInvstAmt
Revenue Not Reported$58,608RevenueNotReportedAmt
Revenue Subtotal$15,093,429RevenueSubtotalAmt
Total Revenue Per Form990$15,093,429TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,972,113TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$4,972,113ExpensesSubtotalAmt
Total Expenses Per Form990$4,972,113TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATION ANNUALLY FILES AN IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR THE YEARS PRIOR TO SEPTEMBER 30, 2018. IN THE NORMAL COURSE OF BUSINESS, THE ORGANIZATION IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE MANAGEMENT OF THE ORGANIZATION BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT SEPTEMBER 30, 2021.ExplanationTxt

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionSUB-SAHARAN AFRICARegionTxt
Type Of Activities ConductedGRANTS TO NGOTypeOfActivitiesConductedTxt
Specific Services ProvidedRURAL ENTREPRENEURSSpecificServicesProvidedTxt
Region Total Expenditures$3,310,535RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Spent$3,310,535SubtotalSpentAmt
Total Spent$3,310,535TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionSUB-SAHARAN AFRICARegionTxt
Purpose Of GrantPROGRAM SUPPORTPurposeOfGrantTxt
Cash Grant$3,310,535CashGrantAmt
Manner Of Cash DisbursementWIRE TRANSFERMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
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 3,310,535 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. PART I LINE 3 COL (F): ALL OF THE AMOUNTS LISTED IN COLUMN (F) WERE CASH GRANTS TO A KENYAN NGO AND ARE RECORDED ON AN ACCRUAL BASIS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
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

FieldValueIRS element (for citing)
PersonJOHN T STEPHENSPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$150,000BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org$9,000DeferredCompensationFlngOrgAmt
Total Compensation Filing Org$159,000TotalCompensationFilingOrgAmt

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.

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