Civic Intelligence

Caribbean Villege Festival Inc

990EZ • Fiscal year 2018 • EIN 27-4702704

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 28, 2020

Organization Profilewww.thegalleonfoundation.org
300 N Pine Island Rd Ste 3031Fort Lauderdale, FL 33324

(954) 306-8668

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.85x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

0.98x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

30th percentile

-9.3%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

-3.9%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$39,887

Down $4,105 (-9.3%) from 2017

Net Assets

Down

$5,828

Down $2,895 (-33%) from 2017

Liabilities

Down

$34,059

Down $1,210 (-3.4%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin92nd percentile

Revenue

Down

$34,745

Down $1,420 (-3.9%) from 2017

Expenses

Up

$16,590

Up $1,937 (+13%) from 2017

Net Income

Down

$18,155

Down $3,357 (-16%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$60K$40K$20K$0-$20K-$40KAssets 2015: $4,921Liabilities 2015: $38,269Net Assets 2015: -$33,3482015Assets 2017: $43,992Liabilities 2017: $35,269Net Assets 2017: $8,7232017Assets 2018: $39,887Liabilities 2018: $34,059Net Assets 2018: $5,8282018Assets 2021: $3,352Liabilities 2021: $0Net Assets 2021: $3,3522021

Highlighted filing

2018

Assets$39,887
Liabilities$34,059
Net Assets$5,828
Open 2018 Filing

Operations Trend

Revenue Growth42nd percentile

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

$40K$20K$0-$20K-$40KRevenue 2015: -$20,174Expenses 2015: $16,177Net Income 2015: -$36,3512015Revenue 2017: $36,165Expenses 2017: $14,653Net Income 2017: $21,5122017Revenue 2018: $34,745Expenses 2018: $16,590Net Income 2018: $18,1552018Revenue 2021: $9,436Expenses 2021: $12,931Net Income 2021: -$3,4952021

Highlighted filing

2018

Revenue$34,745
Expenses$16,590
Net Income$18,155
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 28, 2020
Return Version
2018v3.1
Gross Receipts
$59,837
Mission and Program Overview

Mission

Annual Fundraising for scholarship benefit

Program Services

DescriptionGrantsExpenses
Other expenses includes back to school drive 2855 bank fees 319 Operations 694 and scholarship 7585 and travel 230--
Other assets includes AR of 10410 Silent auction of 24664 and Lia AP of 14409--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDELL DOUGLASPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
The Galleon Foundation Inc
EIN
27-4702704
In Care Of
% Lindell Douglas
Phone
9543068668
Address
300 N Pine Island Rd Ste 3031, Fort Lauderdale, FL 33324

Signing Officer

Name
Lindell Douglas
Title
President
Phone
9543068668
Signed
2020-02-28
Discuss with paid preparer
Yes

Preparer

Firm
Aldin & Associates LLC
Address
1952 NW 100th Ave, Pembroke Pines, FL 33024
Preparer
Victor Aldin
Phone
9546124091
Supplemental Narrative

Additional Explanations

Part I Line 16

“Advertising and promotion $14211.00”

Part I Line 16

“Other office expenses $164.00”

Part I Line 16

“Scholarship $1000.00”

Part II Line 24

“Pledges and grants receivable, net. Beginning:$28920.00 Ending: $24664.00”

Part II Line 24

“Accounts receivable, net. Beginning:$9863.00 Ending: $10410.00”

Part II Line 26

“Accounts payable and accrued expenses. Beginning:$15619.00 Ending: $14409.00”

Part II Line 26

“Loans and other payables. Beginning:$19650.00 Ending: $19650.00”

Raw XML Appendix182 raw XML fields

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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LINDELL DOUGLAS
IRS990EZ/BooksInCareOfDetail/PhoneNum09543068668
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 N Pine Island Rd Ste 3031
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fort Lauderdale
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033324
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05209
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04813
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt026452
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt018155
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0638
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt043992
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039887
IRS990EZ/FundraisingGrossIncomeAmt033385
IRS990EZ/GrossReceiptsAmt059837
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt019650
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08723
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026878
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08723
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05828
IRS990EZ/OccupancyRentUtltsAndMaintAmt0577
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LINDELL DOUGLAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt038783
IRS990EZ/OtherAssetsTotalDetail/EOYAmt035074
IRS990EZ/OtherExpensesTotalAmt015375
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0Annual Fundraising for scholarship benefit
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Other expenses includes back to school drive 2855 bank fees 319 Operations 694 and scholarship 7585 and travel 230
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Other assets includes AR of 10410 Silent auction of 24664 and Lia AP of 14409
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt025092
IRS990EZ/SpecialEventsNetIncomeLossAmt08293
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt035269
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034059
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016590
IRS990EZ/TotalRevenueAmt034745
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thegalleonfoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt026452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023498
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt091781
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt091781
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt026452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023498
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021593
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt091781
IRS990ScheduleA/TotalSupportAmt091781
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd4false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd5false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd6false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd7false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd8false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd9false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd0false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd1false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd2false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd3false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd4false
IRS990ScheduleL/DisqualifiedPersonExBnftTrGrp/TransactionCorrectedInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd9false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and promotion $14211.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $164.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Scholarship $1000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Pledges and grants receivable, net. Beginning:$28920.00 Ending: $24664.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts receivable, net. Beginning:$9863.00 Ending: $10410.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts payable and accrued expenses. Beginning:$15619.00 Ending: $14409.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Loans and other payables. Beginning:$19650.00 Ending: $19650.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part II Line 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDELL DOUGLAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09543068668
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Galleon Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0THEG
ReturnHeader/Filer/EIN0274702704
ReturnHeader/Filer/InCareOfNm0% Lindell Douglas
ReturnHeader/Filer/PhoneNum09543068668
ReturnHeader/Filer/USAddress/AddressLine1Txt0300 N Pine Island Rd Ste 3031
ReturnHeader/Filer/USAddress/CityNm0Fort Lauderdale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033324
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId030B3B35B9230AFA1FF8ED9EEF5AFDF775159FCE7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId030B3B35B9230AFA1FF8ED9EEF5AFDF775159FCE7
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId065469220200591626158
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-02-28
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.111.194.38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472894340
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Aldin & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01952 NW 100th Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pembroke Pines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033024
ReturnHeader/PreparerPersonGrp/PhoneNum09546124091
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTOR ALDIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-02-28T11:50:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,887
Liabilities
$34,059
Net assets
$5,828
Revenue
$34,745
Expenses
$16,590
Net income
$18,155
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$9.44$12.9$3.50
2018Detailed filing. Detailed filing data is available for this year.$39.9$34.1$5.83$34.7$16.6$18.2
2017Detailed filing. Detailed filing data is available for this year.$44.0$35.3$8.72$36.2$14.7$21.5
2015Detailed filing. Detailed filing data is available for this year.$4.92$38.3$33.3$20.2$16.2$36.4