BLUE INVESTMENTS FOR NATURE INC

EIN: 851228166 501(c)(3) Environment

ARLINGTON, VA

Total Revenue
$30,264,063
Total Expenses
$22,736,392
Total Assets
$451,128,627
Net Assets
$74,720,201
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
DE
Principal Officer
SVETOSLAV GATCHEV
Phone
7038415300
Tax Period
2022-07-01 to 2023-06-30

BLUE INVESTMENTS FOR NATURE INC, founded in 2020, is a mid-sized nonprofit in the Environment sector that reported $30.3M in total revenue in fiscal year 2022. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7.5M, a strong 25% operating margin.

Mission

BLUE INVESTMENTS FOR NATURE, INC. (BIN) IS A NONPROFIT CORPORATION WHOSE SOLE MEMBER AND SUPPORTED ORGANIZATION IS THE NATURE CONSERVANCY (TNC). TNC IS A LONGSTANDING SECTION 501(C)(3) PUBLIC CHARITY ORGANIZED AND OPERATED FOR THE CHARITABLE PURPOSE OF ENVIRONMENTAL CONSERVATION. BIN IS ORGANIZED AND OPERATED TO SUPPORT TNC BY FURTHERING TNC'S GLOBAL MISSION OF CONSERVING THE LANDS AND WATERS ON WHICH ALL LIFE DEPENDS.

Program Service Accomplishments

Program 1
Expenses: $22,139,542 Revenue: $17,822,248

BLUE INVESTMENTS FOR NATURE, INC. (BIN) SUPPORTS TNC THROUGH ENTERING INTO FINANCIAL AND CONSERVATION AGREEMENTS WITH OTHER NATIONS AND NON-PROFITS.BIN ENTERED INTO A DEBT CONVERSION TRANSACTION WITH...

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BLUE INVESTMENTS FOR NATURE, INC. (BIN) SUPPORTS TNC THROUGH ENTERING INTO FINANCIAL AND CONSERVATION AGREEMENTS WITH OTHER NATIONS AND NON-PROFITS.BIN ENTERED INTO A DEBT CONVERSION TRANSACTION WITH THE GOVERNMENT OF BELIZE ON NOVEMBER 14, 2021. AS PART OF THE TRANSACTION, BELIZE RETIRED EXISTING DEBT WITH NEW DEBT PROVIDED BY A DISREGARDED ENTITY OF BIN. AS PART OF THE TRANSACTION, BELIZE COMMITTED TO A NUMBER OF ENVIRONMENTAL AND FINANCING COMMITMENTS TO SUPPORT MARINE CONSERVATION AND PROTECTING AND MANAGING BELIZE'S ENVIRONMENTALLY SENSITIVE AREAS. THROUGH THIS PROJECT, BIN IS SUPPORTING BELIZE'S CONSERVATION OF OCEAN BIDOVERSITY PROTECTION ZONES, DESIGNATING PUBLIC LANDS WITH THE BELIZE BARRIER REEF RESERVE SYSTEM AS MANGROVE RESERVES, DEVELOPING INTEGRATED COASTAL ZONE MANAGEMENT PLANS, AND MORE. BIN IS ABLE TO SUPPORT THE CONSERVATION OF BELIZE THROUGH MAKING GRANTS TO THE BELIZE FUND FOR A SUSTAINABLE FUTURE, A NONPROFIT BELIZEAN CONSERVATION TRUST FUND. ADDITIONALLY, BIN MANAGES AN ACCOUNT OF INVESTMENTS, THE PRINCIPAL AND EARNINGS OF WHICH WILL BE DISTRIBUTED FOR CONSERVATION PURPOSES IN BELIZE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $11,763,872
Program Service Revenue $17,822,248
Investment Income $380,091
Other Revenue $297,852
TOTAL REVENUE $30,264,063

Expense Breakdown

Grants Paid $5,632,330
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,139,542
Other Expenses $17,104,062
TOTAL EXPENSES $22,736,392

Year-over-Year Comparison

2022 2021 Change
Revenue $30,264,063 $80,184,333 -0.6%
Expenses $22,736,392 $5,360,105 +3.2%
Net Income $7,527,671 $74,824,228 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$975,729
Total Directors
3
$854,880
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF SCHUTES TREASURER & DIRECTOR 1.00
Officer Director
$0 $31,462 $335,161
MELISSA GARVEY VP & DIRECTOR 1.00
Officer Director
$0 $30,276 $247,340
SVETOSLAV GATCHEV PRESIDENT & DIRECTOR 1.00
Officer Director
$0 $29,306 $272,379
LEAH CARRIERE SECRETARY 1.00
Officer
$0 $16,546 $120,849
CHARLOTTE KAISER FORMER PRESIDENT 0.00
$0 $30,281 $215,402
STEPHEN VALDES-ROBLES FORMER SECRETARY 0.00
$0 $37,496 $244,214
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $30,264,063 $22,736,392 $451,128,627 $7,527,671
2022 $80,184,333 $5,360,105 $438,289,508 $74,824,228
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