Civic Intelligence

Caribbeing Inc

EIN 45-5192099 • 501(c)3 • Brooklyn, NY

Profile

CARIBBEING is a multidisciplinary cultural venture dedicated to showcasing Caribbean culture + art + lifestyle in Greater New York City and around the world. Our mission is to celebrate and amplify Caribbean culture and lifestyle, supporting businesses, creating community, and documenting as well as creating culture. The award-winning organization is based in Flatbush aka Little Caribbean (est 2017), home to the largest and most diverse Caribbean-American-LatinX community outside of the West Indies.

1399 Nostrand AvenueBrooklyn, NY 11226

www.caribbeing.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.51x

Higher debt load relative to assets than 94% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.27x

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

NTEE A23 • <$500k nonprofits • Source year 2024

Net Margin

14th percentile

-34%

Higher net margin than 14% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$37,758

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

NTEE A23 • <$500k nonprofits • Source year 2024

Asset Growth

92nd percentile

163%

Faster asset growth than 92% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

41st percentile

-6.2%

Faster revenue growth than 41% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$350,206

Up $199,955 (+133%) from 2023

Liabilities

Up

$527,493

Up $341,522 (+184%) from 2023

Net Assets

Down

-$177,287

Down $141,567 (-396%) from 2023

Revenue

Down

$414,535

Down $44,276 (-9.7%) from 2023

Expenses

Up

$556,102

Up $124,407 (+29%) from 2023

Net Income

Down

-$141,567

Down $168,683 (-622%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2017: $15,836Liabilities 2017: $0Net Assets 2017: $15,8362017Assets 2018: $1,183Liabilities 2018: $0Net Assets 2018: $1,1832018Assets 2019: $5,191Liabilities 2019: $2,000Net Assets 2019: $3,1912019Assets 2020: $108,976Liabilities 2020: $115,858Net Assets 2020: -$6,8822020Assets 2021: $81,039Liabilities 2021: $115,858Net Assets 2021: -$34,8192021Assets 2022: $62,573Liabilities 2022: $125,409Net Assets 2022: -$62,8362022Assets 2023: $150,251Liabilities 2023: $185,971Net Assets 2023: -$35,7202023Assets 2024: $350,206Liabilities 2024: $527,493Net Assets 2024: -$177,2872024

Highlighted filing

2024

Assets$350,206
Liabilities$527,493
Net Assets-$177,287

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2017: $93,907Expenses 2017: $79,865Net Income 2017: $14,0422017Revenue 2018: $76,392Expenses 2018: $91,045Net Income 2018: -$14,6532018Revenue 2019: $89,027Expenses 2019: $93,132Net Income 2019: -$4,1052019Revenue 2020: $84,472Expenses 2020: $94,545Net Income 2020: -$10,0732020Revenue 2021: $65,768Expenses 2021: $95,451Net Income 2021: -$29,6832021Revenue 2022: $159,372Expenses 2022: $187,389Net Income 2022: -$28,0172022Revenue 2023: $458,811Expenses 2023: $431,695Net Income 2023: $27,1162023Revenue 2024: $414,535Expenses 2024: $556,102Net Income 2024: -$141,5672024

Highlighted filing

2024

Revenue$414,535
Expenses$556,102
Net Income-$141,567

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$428,231
Mission and Program Overview

Mission

CARIBBEING is a multidisciplinary cultural venture dedicated to showcasing Caribbean culture + art + lifestyle in Greater New York City and around the world. Our mission is to celebrate and amplify Caribbean culture and lifestyle, supporting businesses, creating community, and documenting as well as creating culture. The award-winning organization is based in Flatbush aka Little Caribbean (est 2017), home to the largest and most diverse Caribbean-American-LatinX community outside of the West Indies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,716$42,614▼ $16,102
Inventories for Sale or Use$17,000$32,202▲ $15,202
Accounts Receivable$53,293$27,177▼ $26,116
Other Notes and Loans Receivable, Net$13,667$0▼ $13,667
Land, Buildings, and Equipment, Net-$11,954-
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$150,251$350,206▲ $199,955
Other Assets Total$7,575$236,259▲ $228,684
Liabilities
Other Liabilities$151,302$441,156▲ $289,854
Accounts Payable and Accrued Expenses$34,669$86,337▲ $51,668
Total Liabilities$185,971$527,493▲ $341,522
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-35,720$-177,287▼ $141,567
Total Net Assets Fund Balance$-35,720$-177,287▼ $141,567
Total Liabilities and Net Assets / Fund Balance$150,251$350,206▲ $199,955

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$11,954$412$12,366
Other Assets Org$7,575--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jean Luc StanislasDirectorPT$37,758$37,758
Shelley WorrellExecutive DirectorFT$14,125$14,125

Board Members and Trustees

NameTitle
Dr Trina YearwoodPresident
Theo Chambers JrSecretary
Marva SamarooTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$380,905
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$33,630
All Other Contributions
$95,911
Change in Net Assets
$-141,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,521
Salaries, Compensation, and Employee Benefits$137,581
Total Fundraising Expense$19,051
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$85,202$31,185$9,981$126,368
All Other Expenses$27,853$7,428$1,855$37,136
Occupancy$23,322$6,219$1,555$31,096
Advertising$28,524--$28,524
Other Expenses$19,633$5,235$1,309$26,177
Travel$10,657$2,842$710$14,209
Insurance$9,843$2,625$656$13,124
Payroll Taxes$8,970$1,682$561$11,213
Interest$6,099$1,626$407$8,132
Office Expenses$1,177$314$78$1,569
Depreciation Depletion-$412-$412
Total Functional Expenses$469,729$67,322$19,051$556,102
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating long term liability$214,196
Note Payable$108,500
Loan Payable$99,502
Operating current liability$18,958
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Section B, Line 11B

The organization's policy regarding the review of the form 990 is as follows: the president of the board of directors is responsible for reviewing and approving the form 990 on behalf of the board of directors. Copies of the form 990 are made available to the entire board of directors for their review and comments.

Form 990, Part VI, Section C, Line 18

These documents are available to the public upon request.

Form 990, Part VI, Section C, Line 19

All policies/documents that are required to be provided to the public are available upon request.

Filing and Contact Details

Filer

Filer Name
Caribbeing Inc
EIN
45-5192099
Phone
3472681613
Address
1399 NOSTRAND AVENUE, BROOKLYN, NY 11226

Signing Officer

Name
Shelley Worrell
Title
Director
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelley Worrell
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
3
Employees
6
Volunteers
40

Preparer

Firm
Zelin & Associates CPA LLC
Address
555 8th Ave Ste 2203, New York, NY 10018
Preparer
Steven Zelin CPA
Phone
6466784496
Supplemental Narrative

Additional Explanations

Amended Explanation

The 990 is being amended following a review engagement of the organizations financial statements.

Raw XML AppendixShowing 400 of 426 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Theo Chambers Jr
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IRS990/MissionDesc0CARIBBEING is a multidisciplinary cultural venture dedicated to showcasing Caribbean culture + art + lifestyle in Greater New York City and around the world. Our mission is to celebrate and amplify Caribbean culture and lifestyle, supporting businesses, creating community, and documenting as well as creating culture. The award-winning organization is based in Flatbush aka Little Caribbean (est 2017), home to the largest and most diverse Caribbean-American-LatinX community outside of the West Indies.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Monday Mas: Immersive celebration of Caribbean Carnival that includes mas (masquerade) workshops, live music culminating with a band that showcases Caribpolitan culture, traditions and heritage. Program accomplishments include producing an inclusive cultural experience reaching millions of parade goers in New York City & beyond; our Mas Band themed Diaspora placed eighth in the Annual West Indian American Day Parade in 2024; forged partnerships with local groups and cultural practitioners to create new masquerade designs and performances.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt010400
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IRS990ScheduleA/TotalSupportAmt01023575
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0412
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0228684
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17575
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Operating right of use assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt218958
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3214196
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Note Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Operating current liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Operating long term liability
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IRS990ScheduleD/TotalLiabilityAmt0441156
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S POLICY REGARDING THE REVIEW OF THE FORM 990 IS AS FOLLOWS: THE PRESIDENT OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING AND APPROVING THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS. COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL POLICIES/DOCUMENTS THAT ARE REQUIRED TO BE PROVIDED TO THE PUBLIC ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is being amended following a review engagement of the organizations financial statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Amended Explanation
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IRS990/USAddress/AddressLine1Txt01399 NOSTRAND AVENUE
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
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IRS990/WebsiteAddressTxt0WWW.CARIBBEING.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z

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