BCarbon Inc

EIN: 854254549 501(c)(3) Environment

Houston, TX

Total Revenue
$2,222,644
Total Expenses
$1,575,711
Total Assets
$1,438,079
Net Assets
$1,428,991
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TX
Principal Officer
James B Blackburn Jr
Phone
7135241012
Tax Period
2023-01-01 to 2023-12-31

BCarbon Inc, founded in 2020, is a community nonprofit in the Environment sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $647K, a strong 29% operating margin.

Mission

BCarbon's mission is to provide high-integrity research and certification services for empirically tested carbon sequestration projects around the world and to sustain a community of practice for sharing knowledge about the low-carbon economy.

Program Service Accomplishments

Program 1
Expenses: $812,843 Revenue: $663,106

BCarbon creates and maintains standards and programs to achieve sustainable climate change goals to protect and conserve the environment for the benefit of the general public based on nature-based...

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BCarbon creates and maintains standards and programs to achieve sustainable climate change goals to protect and conserve the environment for the benefit of the general public based on nature-based solutions. BCarbon reviews and certifies applications for both soil and timber carbon credits to determine whether they meet BCarbon's criteria for credit issuance. Credits are issued and registered on a blockchain accounting system to keep up with subsequent transactions.

Program 2
Expenses: $241,994 Revenue: $170,000

BCarbon has created a coastal protocol that will protect coastal wetlands from sea level rise and provide carbon credits at the same time.

Program 3
Expenses: $238,626 Revenue: $3,802

BCarbon is working with Prairie View A&M University and the U.S. Business Council for Sustainable Development to develop a program for small African-American landowners in East Texas to help them...

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BCarbon is working with Prairie View A&M University and the U.S. Business Council for Sustainable Development to develop a program for small African-American landowners in East Texas to help them create what is called the Small Landowner Carbon Collaborative that we intend to become a model for small landowner participation in the carbon market throughout the United States.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,360,467
Program Service Revenue $836,908
Investment Income $25,269
Other Revenue $0
TOTAL REVENUE $2,222,644

Expense Breakdown

Grants Paid $200,000
Salaries & Benefits $564,439
Fundraising Expenses $0
Program Expenses $1,293,463
Other Expenses $811,272
TOTAL EXPENSES $1,575,711

Year-over-Year Comparison

2023 2022 Change
Revenue $2,222,644 $1,346,322 +0.7%
Expenses $1,575,711 $1,096,455 +0.4%
Net Income $646,933 $249,867 +1.6%
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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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
6
Volunteers
7

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
$180,408
Total Directors
9
$180,408
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James B Blackburn Jr Chair, President/CEO 40.00
Officer Director
$77,706 $0 $77,706
Robin D Rather COO (thru 10/2023) 30.00
Officer Director
$102,702 $0 $102,702
Joe Swinbank Treasurer 1.00
Officer Director
$0 $0 $0
Jose Beceiro Secretary 1.00
Officer Director
$0 $0 $0
Elliott Boullion Director 1.00
Director
$0 $0 $0
Joni Carswell Director 1.00
Director
$0 $0 $0
Pam Giblin Director 1.00
Director
$0 $0 $0
Claude Griffin Director 1.00
Director
$0 $0 $0
Jane Stricker Director 1.00
Director
$0 $0 $0
Miguel Gonzalez Technical Operations Director 40.00
Highest
$128,000 $0 $128,000
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
2024 No data No data No data No data
2023 $2,222,644 $1,575,711 $1,438,079 $646,933
2022 $1,346,322 $1,096,455 $829,028 $249,867
2021 $639,900 $107,709 $537,328 $532,191
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