Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 20-0419036 • 501(c)3 • Punta Gorda, FL
Profile
The purposes for which this corporation was formed is to operate for the advancement of education, research and artistic expression, and for other charitable purposes by the distribution of its funds for those purposes, and particularly for support of higher education and academic programs, scientific and and environmental research projects, lecture series and cultural exchanges.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Assets
Down$1,792
Down $74,868 (-98%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$1,792
Down $74,868 (-98%) from 2021
Revenue
Up$69,774
Up $34,460 (+98%) from 2021
Expenses
Up$144,643
Up $17,436 (+14%) from 2021
Net Income
Up-$74,869
Up $17,024 (+19%) from 2021
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The purposes for which this corporation was formed is to operate for the advancement of education, research and artistic expression, and for other charitable purposes by the distribution of its funds for those purposes, and particularly for support of higher education and academic programs, scientific and and environmental research projects, lecture series and cultural exchanges.
| Description | Grants | Expenses |
|---|---|---|
| OTHER EDUCATION PURPOSES | $64,535 | $64,535 |
| TO SET UP A LEARNING CENTER | $60,000 | $60,000 |
| STUDENT SCHOLARSHIPS | $13,500 | $13,500 |
| SCHOLARSHIP GRANT | $2,912 | $2,912 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DEBORAH GERACE WEEKS | President | PT | $0 | - | - |
| KATHY GERACE | Secretary Tr | PT | $0 | - | - |
| JULIE ANNE GERACE | Director | - | $0 | - | - |
| HENRY GIVENS | Director | - | $0 | - | - |
| FRANK MINAYA | Director | - | $0 | - | - |
“Name: lmj maritime academy address: lmj maritime academy cash contribution: 60,000 name: gerace research center address: gerace research center cash contribution: 13,500 name: perry gnivecki memoriall fund address: perry gnivecki memorial fund cash contribution: 7,500 name: grc lindsay family grant address: grc lindsay family grant cash contribution: 54,035”
“Expenses business registration fee 61 bank service charges 235 total 296”
“The purposes for which this corporation was formed is to operate for the advancement of education, research and artistic expression, and for other charitable purposes by the distribution of its funds for those purposes, and particularly for support of higher education and academic programs, scientific and and environmental research projects, lecture series and cultural exchanges.”
“OTHER EDUCATION PURPOSES”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SCOTT HALL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9045443800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9570 REGENCY SQUARE BLVD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | JACKSONVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32225 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 76661 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1792 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -74869 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3400 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 76661 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1792 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 140947 |
| IRS990EZ/GrossReceiptsAmt | 0 | 69774 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | TAX BASIS |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 76661 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1792 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 76661 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1792 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 25.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DEBORAH GERACE WEEKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHY GERACE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JULIE ANNE GERACE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | HENRY GIVENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | FRANK MINAYA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 296 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSES FOR WHICH THIS CORPORATION WAS FORMED IS TO OPERATE FOR THE ADVANCEMENT OF EDUCATION, RESEARCH AND ARTISTIC EXPRESSION, AND FOR OTHER CHARITABLE PURPOSES BY THE DISTRIBUTION OF ITS FUNDS FOR THOSE PURPOSES, AND PARTICULARLY FOR SUPPORT OF HIGHER EDUCATION AND ACADEMIC PROGRAMS, SCIENTIFIC AND AND ENVIRONMENTAL RESEARCH PROJECTS, LECTURE SERIES AND CULTURAL EXCHANGES. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 69773 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO SET UP A LEARNING CENTER |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | STUDENT SCHOLARSHIPS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | SCHOLARSHIP GRANT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | OTHER EDUCATION PURPOSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 1 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 2 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 3 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 60000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 13500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 2912 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 3 | 64535 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 60000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 13500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 2912 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 64535 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 144643 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 140947 |
| IRS990EZ/TotalRevenueAmt | 0 | 69774 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 69773 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 35306 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 586993 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 274857 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 73147 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1040076 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 42 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 74 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 8 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 11 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 12 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 42 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 74 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1040076 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 69773 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 35306 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 586993 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 274857 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 73147 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1040076 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 69774 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 35314 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 587004 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 274869 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 73189 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1040150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: LMJ MARITIME ACADEMY ADDRESS: LMJ MARITIME ACADEMY CASH CONTRIBUTION: 60,000 NAME: GERACE RESEARCH CENTER ADDRESS: GERACE RESEARCH CENTER CASH CONTRIBUTION: 13,500 NAME: PERRY GNIVECKI MEMORIALL FUND ADDRESS: PERRY GNIVECKI MEMORIAL FUND CASH CONTRIBUTION: 7,500 NAME: GRC LINDSAY FAMILY GRANT ADDRESS: GRC LINDSAY FAMILY GRANT CASH CONTRIBUTION: 54,035 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES BUSINESS REGISTRATION FEE 61 BANK SERVICE CHARGES 235 TOTAL 296 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PURPOSES FOR WHICH THIS CORPORATION WAS FORMED IS TO OPERATE FOR THE ADVANCEMENT OF EDUCATION, RESEARCH AND ARTISTIC EXPRESSION, AND FOR OTHER CHARITABLE PURPOSES BY THE DISTRIBUTION OF ITS FUNDS FOR THOSE PURPOSES, AND PARTICULARLY FOR SUPPORT OF HIGHER EDUCATION AND ACADEMIC PROGRAMS, SCIENTIFIC AND AND ENVIRONMENTAL RESEARCH PROJECTS, LECTURE SERIES AND CULTURAL EXCHANGES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | OTHER EDUCATION PURPOSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATHY GERACE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9045443800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-09-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BAHAMAS EDUCATION CULTURE AND |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | SCIENCE FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BAHA |
| ReturnHeader/Filer/EIN | 0 | 200419036 |
| ReturnHeader/Filer/PhoneNum | 0 | 9045443800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 24031 BUCKINGHAM WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PUNTA GORDA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33980 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 650596195 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KOCH & COMPANY CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 252 W OLYMPIA AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PUNTA GORDA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 339504857 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9416370544 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-09-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | REXFORD R KOCH CPA |
| ReturnHeader/ReturnTs | 0 | 2023-09-28T11:51:19-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KATHY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GERACE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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