Bluenumber Foundation Inc
- Assets
- $170.7k
- Revenue
- $554.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-4271112
Organization Overview
Bluenumber Foundation Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (K12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluenumber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bluenumber Foundation Inc generated $554.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $397.9k during the year ending 12/2021. While expenses have increased by 20.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLUENUMBER FOUNDATION AIMS TO TRANSFORM HOW THE WORLD USES DATA TO RESOLVE GLOBAL DEVELOPMENT PROBLEMS.DURING 2021, THE BLUENUMBER FOUNDATION CONTRACTED SERVICES FROM CONSULTANTS TO DELIVER THE TRANSPARENCY IN SUPPLY CHAIN (TISC) PROGRAM. AN INTERNATIONAL TRANSPARENCY PANEL (ITP) WAS SET UP CONSISTING OF 7 ORGANIZATIONS, 4 OF WHOM WERE REGISTERED NON-PROFITS AND RECEIVED GRANT FUNDING FROM THE BLUENUMBER FOUNDATION, AND THE REMAINING WERE CONSULTANTS TO FULFILL THE PURPOSE AND OBJECTIVES OF THIS PROGRAM. THE PROGRAM GOAL WAS/IS TO DEVELOP A GLOBAL TISC MODEL OF BEST PRACTICES FOR RESPECTING HUMAN RIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Puvan Jegaraj Selvanathan Executive Director | 20 | $190,400 | |
Brian Yu Treasurer | 5 | $2,500 | |
Roger Branigin President | 5 | $0 | |
Miho Okada Director | 5 | $0 | |
Bastian Purrer Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $554,461 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $554,461 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $192,900 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,375 |
| Total operating and administrative expenses | $290,403 |
| Contributions, gifts, grants paid | $107,500 |
| Total expenses and disbursements | $397,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,714 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $170,714 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $20,110 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,110 |
Grants Awarded
Over the last fiscal year, Bluenumber Foundation Inc has awarded $107,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNSEEN UK PURPOSE: TO DEVELOP A GLOBAL MODEL OF TRANSPARENCY IN SUPPLY CHAINS AND BEST PRACTICES FOR RESPECTING HUMAN RIGHTS | $37,600 |
BE SLAVERY FREE PURPOSE: TO DEVELOP A GLOBAL MODEL OF TRANSPARENCY IN SUPPLY CHAINS AND BEST PRACTICES FOR RESPECTING HUMAN RIGHTS | $30,000 |
MEKONG CLUB PURPOSE: TO DEVELOP A GLOBAL MODEL OF TRANSPARENCY IN SUPPLY CHAINS AND BEST PRACTICES FOR RESPECTING HUMAN RIGHTS | $21,000 |
CAUX ROUND TABLE JAPAN PURPOSE: TO DEVELOP A GLOBAL MODEL OF TRANSPARENCY IN SUPPLY CHAINS AND BEST PRACTICES FOR RESPECTING HUMAN RIGHTS | $18,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Farm Aid Inc Cambridge, MA | $3,537,834 | $2,448,081 |
Restaurant Workers Community Foundation Inc New York, NY | $2,207,015 | $2,171,722 |
Pennsylvania Friends Of Agriculture Foundation Camp Hill, PA | $1,047,373 | $1,173,919 |
Three Squares New England Dedham, MA | $244,066 | $642,501 |
Bluenumber Foundation Inc New York, NY | $170,714 | $554,461 |
Fairway Community Foundation Inc Balwin, NY | $54,672 | $0 |
Ahavas Chessed 613 Corp Spring Valley, NY | $57,960 | $0 |
Friends Of Sholan Farms Leominster, MA | $314,708 | $213,599 |
Ezras Yitzchok Inc Lakewood, NJ | $53,200 | $0 |
Friends Of Emek Learning Center Inc New City, NY | $12,365 | $0 |
Giving2grow Inc Pittsburgh, PA | $4,306 | $0 |
Harry Chapin Memorial Run Against Hunger Croton on Hudson, NY | $13,491 | $0 |