Civic Intelligence

Caribbean Tourism Organization Foundation

990 • Fiscal year 2017 • EIN 13-4008435

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

80 Broad Street Suite 3302New York, NY 10004-2209

(212) 635-9530

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

0.43x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

1.34x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Net Margin

50th percentile

7.5%

Higher net margin than 50% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Asset Growth

57th percentile

6.3%

Faster asset growth than 57% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

4.7%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$384,422

Up $22,618 (+6.3%) from 2016

Net Assets

Up

$217,834

Up $9,255 (+4.4%) from 2016

Liabilities

Up

$166,588

Up $13,363 (+8.7%) from 2016

Revenue

Up

$124,008

Up $5,532 (+4.7%) from 2016

Expenses

Down

$114,753

Down $2,268 (-1.9%) from 2016

Net Income

Up

$9,255

Up $7,800 (+536%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $391,684Liabilities 2011: $129,350Net Assets 2011: $262,3342011Assets 2012: $325,748Liabilities 2012: $131,850Net Assets 2012: $193,8982012Assets 2013: $307,756Liabilities 2013: $135,645Net Assets 2013: $172,1112013Assets 2014: $382,292Liabilities 2014: $159,707Net Assets 2014: $222,5852014Assets 2015: $359,897Liabilities 2015: $153,225Net Assets 2015: $206,6722015Assets 2016: $361,804Liabilities 2016: $153,225Net Assets 2016: $208,5792016Assets 2017: $384,422Liabilities 2017: $166,588Net Assets 2017: $217,8342017Assets 2023: $205,074Liabilities 2023: $0Net Assets 2023: $205,0742023

Highlighted filing

2017

Assets$384,422
Liabilities$166,588
Net Assets$217,834

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $190,8592011Revenue 2012: $57,658Expenses 2012: $127,834Net Income 2012: -$70,1762012Revenue 2013: $91,055Expenses 2013: $113,138Net Income 2013: -$22,0832013Revenue 2014: $104,924Expenses 2014: $54,746Net Income 2014: $50,1782014Revenue 2015: $87,133Expenses 2015: $100,777Net Income 2015: -$13,6442015Revenue 2016: $118,476Expenses 2016: $117,021Net Income 2016: $1,4552016Revenue 2017: $124,008Expenses 2017: $114,753Net Income 2017: $9,2552017Revenue 2023: $206,911Expenses 2023: $165,655Net Income 2023: $41,2562023

Highlighted filing

2017

Revenue$124,008
Expenses$114,753
Net Income$9,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$124,008
Mission and Program Overview

Mission

ISSUANCE OF SCHOLARSHIPS

The issuance and maintenance of scholarships for students attending colleges and universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$165,020$184,271▲ $19,251
Investments Program Related$174,140$174,941▲ $801
Cash and Non-Interest-Bearing Accounts$7,399$8,699▲ $1,300
Savings and Temporary Cash Investments$8,567$8,567→ $0
Total Assets$361,804$384,422▲ $22,618
Other Assets Total$6,678$7,944▲ $1,266
Liabilities
Other Liabilities$87,206$97,083▲ $9,877
Accounts Payable and Accrued Expenses$66,019$69,505▲ $3,486
Total Liabilities$153,225$166,588▲ $13,363
Net Assets / Fund Balance
Temporarily Rstr Net Assets$174,140$175,437▲ $1,297
Unrestricted Net Assets$34,439$42,397▲ $7,958
Total Net Assets Fund Balance$208,579$217,834▲ $9,255
Total Liabilities and Net Assets / Fund Balance$361,804$384,422▲ $22,618

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$174,941--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$175,438---$175,438
2016$175,734-▲ $296-$175,734
2015$175,438---$175,438
2014$175,142-▲ $296-$175,438
2013$174,846-▲ $296-$175,142
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$25,199
Program Service Revenue
$0
Investment Income
$803
Other Revenue
$98,006
All Other Contributions
$25,199
Change in Net Assets
$9,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$124,008
Total Revenue per Audited Statements
$124,008
Total Revenue per Form 990
$124,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$73,376
Total Fundraising Expense$58,891
Grants and Similar Amounts Paid$41,377
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other--$58,891$58,891
Foreign Grants$26,509--$26,509
Grants to Domestic Individuals$14,868--$14,868
Other Expenses-$390-$390
Total Functional Expenses$41,377$14,485$58,891$114,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$114,753
Total Expenses per Audited Statements$114,753
Total Expenses per Form 990$114,753
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$98,006
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Caribbean Week$98,006$98,006-$98,006
Total Events$98,006$98,006-$98,006
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships Pledged & Payable$70,257
Due to Affiliates$26,826
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Line 19 financial statements and tax returns are provided to all members of the board of directors for public disclosure when required.

Form 990, Page 6, Part VI, Line 11B

Done by director responsible for execution of form

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Caribbean Tourism Organization
EIN
13-4008435
Phone
2126359530
Address
80 BROAD STREET SUITE 3302, NEW YORK, NY 10004-2209

Signing Officer

Name
Sylma Brown-bramble
Title
Treasurer
Phone
2126359530
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sylma Brown-bramble
Formed
1997
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
9
Employees
0

Preparer

Firm
Arnold C Charles CPA
Address
146-04 HILLSIDE AVE 2ND FL, JAMAICA, NY 11435-3327
Preparer
Arnold C Charles
Phone
7186581600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The issuance and maintenance of scholarships for students attending universities and colleges.

Form 990, Part IX, Line 11G

Supplies 0 0 4,297 venue rental 0 0 27,500 entertainment 0 0 9,897 food & beverage 0 0 10,745 decorations 0 0 3,244 miscellaneous 0 0 3,208 total 0 0 58,891

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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MONEY MARKET ACCOUNTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070257
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126826
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHOLARSHIPS PLEDGED & PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.94000
IRS990ScheduleD/RevenueSubtotalAmt0124008
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06000
IRS990ScheduleD/TotalBookValueProgramRltdAmt0174941
IRS990ScheduleD/TotalExpensesPerForm990Amt0114753
IRS990ScheduleD/TotalLiabilityAmt097083
IRS990ScheduleD/TotalRevenuePerForm990Amt0124008
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0124008
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0114753
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt026509
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0EFT/CHECKS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0CENTRAL AMER & CARIBBEAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOLARSHIPS & GRANTS
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CARIBBEAN WEEK
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt098006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt098006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt098006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt098006
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt098006
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt014868
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGES & UNIVERSITIES
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ISSUANCE AND MAINTENANCE OF SCHOLARSHIPS FOR STUDENTS ATTENDING UNIVERSITIES AND COLLEGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 19 FINANCIAL STATEMENTS AND TAX RETURNS ARE PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR PUBLIC DISCLOSURE WHEN REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONE BY DIRECTOR RESPONSIBLE FOR EXECUTION OF FORM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES 0 0 4,297 VENUE RENTAL 0 0 27,500 ENTERTAINMENT 0 0 9,897 FOOD & BEVERAGE 0 0 10,745 DECORATIONS 0 0 3,244 MISCELLANEOUS 0 0 3,208 TOTAL 0 0 58,891
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0261805694
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1980528013
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/AddressLine1Txt080 BROAD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/CountryCd0CJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ForeignAddress/ForeignPostalCd010004-2209
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileForeignCountryCd0CJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0TOURISM
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1TOURISM
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CARIBBEAN TOURISM ORGANIZTN - USA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1CARIBBEAN TOURISM DEVELOPMENT CO LT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt080 BROAD STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd0100042209
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CARIBBEAN TOURISM ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0131758218
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt080 BROAD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0BB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd010004-2209
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TOURISM
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0174140
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0175437
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0361804
IRS990/TotalAssetsEOYAmt0384422
IRS990/TotalAssetsGrp/BOYAmt0361804
IRS990/TotalAssetsGrp/EOYAmt0384422
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt025199
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt058891
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014485
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041377
IRS990/TotalFunctionalExpensesGrp/TotalAmt0114753
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0153225
IRS990/TotalLiabilitiesEOYAmt0166588
IRS990/TotalLiabilitiesGrp/BOYAmt0153225
IRS990/TotalLiabilitiesGrp/EOYAmt0166588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0208579
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0217834
IRS990/TotalOtherProgSrvcExpenseAmt041377
IRS990/TotalOtherProgSrvcGrantAmt041377
IRS990/TotalProgramServiceExpensesAmt041377
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0803

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