Boma Foundation
Nonprofit profile at a glance
- EIN
- 521905266
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 2023266300
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $29,040
- Expenses
- $13,370
- Assets
- $90,134
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- HENRY CHAMBERLAIN (PRESIDENT & COO)
People named in this filing
- HENRY CHAMBERLAIN (PRESIDENT & COO)
- ROBERT M SIX (CHAIR)
- MANUEL MORENO (CHAIR ELECT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the boma foundation is to serve the commercial real estate industry by fostering a future vision, forward thinking research, innovative thought, and global best practices.
What it reported doing in 2024
Provide education support as well as career support to students and veterans interested in potential careers in commercial real estate.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 100
- Sustainability: 84
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.3%; rating input score 37
- Program expense ratio: 74.3%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 54%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 6.74; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 8.9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 37.3% of revenue deployed · 74.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.