Civic Intelligence

Blue World Foundation Inc.

990EZ • Fiscal year 2016 • EIN 47-2277386

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 26, 2017

1900 Purdy Ave Suite 803Miami Beach, FL 33139

(561) 694-8107

Siviq Scores

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

Liabilities / Assets

95th percentile

1.09x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.71x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

40th percentile

-0.1%

Higher net margin than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

95th percentile

187%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

1200%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$76,249

Up $49,649 (+187%) from 2015

Net Assets

Up

-$6,826

Up $23,104 (+77%) from 2015

Liabilities

Up

$83,075

Up $26,545 (+47%) from 2015

Revenue

Up

$116,886

Up $107,897 (+1200%) from 2015

Expenses

Up

$117,047

Up $78,128 (+201%) from 2015

Net Income

Up

-$161

Up $29,769 (+99%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2015: $26,600Liabilities 2015: $56,530Net Assets 2015: -$29,9302015Assets 2016: $76,249Liabilities 2016: $83,075Net Assets 2016: -$6,8262016Assets 2017: $98,081Liabilities 2017: $99,217Net Assets 2017: -$1,1362017Assets 2018: $100,740Liabilities 2018: $106,976Net Assets 2018: -$6,2362018Assets 2019: $92,422Liabilities 2019: $98,745Net Assets 2019: -$6,3232019Assets 2020: $72,580Liabilities 2020: $78,448Net Assets 2020: -$5,8682020Assets 2021: $145,164Liabilities 2021: $150,973Net Assets 2021: -$5,8092021Assets 2022: $217,526Liabilities 2022: $216,545Net Assets 2022: $9812022Assets 2023: $385,973Liabilities 2023: $385,124Net Assets 2023: $8492023Assets 2024: $312,490Liabilities 2024: $311,412Net Assets 2024: $1,0782024

Highlighted filing

2016

Assets$76,249
Liabilities$83,075
Net Assets-$6,826

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $8,989Expenses 2015: $38,919Net Income 2015: -$29,9302015Revenue 2016: $116,886Expenses 2016: $117,047Net Income 2016: -$1612016Revenue 2017: $127,961Expenses 2017: $128,390Net Income 2017: -$4292017Revenue 2018: $147,045Expenses 2018: $147,089Net Income 2018: -$442018Revenue 2019: $193,869Expenses 2019: $189,160Net Income 2019: $4,7092019Revenue 2020: $103,149Expenses 2020: $102,794Net Income 2020: $3552020Revenue 2021: $124,915Expenses 2021: $124,655Net Income 2021: $2602021Revenue 2022: $180,658Expenses 2022: $184,622Net Income 2022: -$3,9642022Revenue 2023: $213,042Expenses 2023: $213,183Net Income 2023: -$1412023Revenue 2024: $321,214Expenses 2024: $320,985Net Income 2024: $2292024

Highlighted filing

2016

Revenue$116,886
Expenses$117,047
Net Income-$161
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 26, 2017
Return Version
2016v3.0
Gross Receipts
$116,886
Mission and Program Overview

Mission

To stabilize the population of marine species in danger, especially sharks and rays in the caribbean of guatemala; through science and community strengthening which will provide the creation of alternative livelihoods, which eventually will substitute fishing.

Program Services

DescriptionGrantsExpenses
- IMPLEMENTING A TECHNICAL TABLE FOR SHARKS AND RAYS IN GUATEMALA: THE CONFORMATION OF A GROUP OF DIFFERENT ENTITIES TO TALK ABOUT THE NECESSITIES THE COUNTRY HAS TO HELP PROTECT SHARKS AND RAYS. - DIVING COURSE: DIVING COURSES WERE GIVEN TO FOUR MEMBERS OF THE YOUTH OF EL QUETZALITO SO THAT MAY LEARN TO APPRECIATE MARINE LIFE. - LIONFISH HUNT: THIS IS AN ACTIVITY WERE WE TOOK THE CERTIFIED DIVERS FROM EL QUETZALITO TO HUNT LIONFISH, SO THAT THEY CAN LEARN A VALUABLE SOURCE OF PROTEIN FROM THIS INVASIVE SPECIES. - SURVEYS TO SHARK FISHERMEN AND SURVEYS OF PERCEPTION OF THE STATE OF SHARKS TO OVERALL POPULATION : IN THIS ACTIVITY WE LEARNED THE PERCEPTION OF SHARK FISHERMEN AND THE REGULAR TOWN POPULATION BY USING SURVEYS WHERE WE ASK ABOUT THEIR PERCEPTION OF SHARKS. - BRUVS: BAITED REMOTE UNDERWATER VIDEO SYSTEMS ARE USED TO MEASURE THE MEGAFAUNA AROUND, THIS GIVES AN INDICATION OF HOW THE STATE OF THE MEGAFAUNA IS. - SCIENTIFIC LONGLINES: SCIENTIFIC LONGLINES ARE USED TO DO BIOLOGICAL MONITORING TO DETERMINE THE MEGAFAUNA OF THE AREA. - DIAGNOSIS COMMUNITY EL QUETZALITO: DIAGNOSIS TO BETTER UNDERSTAND THE DEMOGRAPHICS OF THE COMMUNITY. - HELPING THE FISHERMENS COMMITTEE: HELPING THE FISHERMEN COMMITTEE OF EL QUETZALITO DEVELOP AND STRUCTURE THEMSELVES.$5,128$117,047
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELISA AREANOVice Preside-$0--
FRANCISCO AREANOPresident-$0--
CHRISTIAN BRUNODirector-$0--
Filing and Contact Details

Filer

Filer Name
Blue World Foundation Inc
EIN
47-2277386
Address
1900 PURDY AVE SUITE 803, MIAMI BEACH, FL 33139

Signing Officer

Name
Elisa Areano
Title
Vice President
Signed
2017-09-26

Preparer

Firm
Verdeja De Armas & Trujillo Llp
Address
255 ALHAMBRA CIR STE 560, CORAL GABLES, FL 33134-7417
Preparer
Pedro De Armas
Phone
3054463177
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

SCHOLARSHIPS 5,128 0 0

Form 990-ez, Part I, Line 16

Expenses supplies 22,772 travel 15,477 depreciation 438 contract services 51,248 miscellaneous 807 utilities 820 rentals 1,621 bank charges 70 technical services 7,110 total 100,363

Form 990-ez, Part I, Line 20

Adjust prior year net assets 23,264

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 4,652 4,901 furniture & equipments 2,076 2,076 less accumulated depreciation 438 876 total 6,290 6,101

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 56,529 17,323 deferred revenue 0 59,236 capital & reservations 0 6,516

Form 990-ez, Part III

To stabilize the population of marine species in danger, especially sharks and rays in the caribbean of guatemala; through science and community strengthening which will provide the creation of alternative livelihoods, which eventually will substitute fishing.

Form 990-ez, Part III, Line 28

- implementing a technical table for sharks and rays in guatemala: the conformation of a group of different entities to talk about the necessities the country has to help protect sharks and rays. - diving course: diving courses were given to four members of the youth of el quetzalito so that may learn to appreciate marine life. - lionfish hunt: this is an activity were we took the certified divers from el quetzalito to hunt lionfish, so that they can learn a valuable source of protein from this invasive species. - surveys to shark fishermen and surveys of perception of the state of sharks to overall population : in this activity we learned the perception of shark fishermen and the regular town population by using surveys where we ask about their perception of sharks. - bruvs: baited remote underwater video systems are used to measure the megafauna around, this gives an indication of how the state of the megafauna is. - scientific longlines: scientific longlines are used to do biological monitoring to determine the megafauna of the area. - diagnosis community el quetzalito: diagnosis to better understand the demographics of the community. - helping the fishermens committee: helping the fishermen committee of el quetzalito develop and structure themselves.

Raw XML Appendix132 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS 5,128 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SUPPLIES 22,772 TRAVEL 15,477 DEPRECIATION 438 CONTRACT SERVICES 51,248 MISCELLANEOUS 807 UTILITIES 820 RENTALS 1,621 BANK CHARGES 70 TECHNICAL SERVICES 7,110 TOTAL 100,363
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADJUST PRIOR YEAR NET ASSETS 23,264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES AND DEFERRED CHARGES 4,652 4,901 FURNITURE & EQUIPMENTS 2,076 2,076 LESS ACCUMULATED DEPRECIATION 438 876 TOTAL 6,290 6,101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 56,529 17,323 DEFERRED REVENUE 0 59,236 CAPITAL & RESERVATIONS 0 6,516
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO STABILIZE THE POPULATION OF MARINE SPECIES IN DANGER, ESPECIALLY SHARKS AND RAYS IN THE CARIBBEAN OF GUATEMALA; THROUGH SCIENCE AND COMMUNITY STRENGTHENING WHICH WILL PROVIDE THE CREATION OF ALTERNATIVE LIVELIHOODS, WHICH EVENTUALLY WILL SUBSTITUTE FISHING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6- IMPLEMENTING A TECHNICAL TABLE FOR SHARKS AND RAYS IN GUATEMALA: THE CONFORMATION OF A GROUP OF DIFFERENT ENTITIES TO TALK ABOUT THE NECESSITIES THE COUNTRY HAS TO HELP PROTECT SHARKS AND RAYS. - DIVING COURSE: DIVING COURSES WERE GIVEN TO FOUR MEMBERS OF THE YOUTH OF EL QUETZALITO SO THAT MAY LEARN TO APPRECIATE MARINE LIFE. - LIONFISH HUNT: THIS IS AN ACTIVITY WERE WE TOOK THE CERTIFIED DIVERS FROM EL QUETZALITO TO HUNT LIONFISH, SO THAT THEY CAN LEARN A VALUABLE SOURCE OF PROTEIN FROM THIS INVASIVE SPECIES. - SURVEYS TO SHARK FISHERMEN AND SURVEYS OF PERCEPTION OF THE STATE OF SHARKS TO OVERALL POPULATION : IN THIS ACTIVITY WE LEARNED THE PERCEPTION OF SHARK FISHERMEN AND THE REGULAR TOWN POPULATION BY USING SURVEYS WHERE WE ASK ABOUT THEIR PERCEPTION OF SHARKS. - BRUVS: BAITED REMOTE UNDERWATER VIDEO SYSTEMS ARE USED TO MEASURE THE MEGAFAUNA AROUND, THIS GIVES AN INDICATION OF HOW THE STATE OF THE MEGAFAUNA IS. - SCIENTIFIC LONGLINES: SCIENTIFIC LONGLINES ARE USED TO DO BIOLOGICAL MONITORING TO DETERMINE THE MEGAFAUNA OF THE AREA. - DIAGNOSIS COMMUNITY EL QUETZALITO: DIAGNOSIS TO BETTER UNDERSTAND THE DEMOGRAPHICS OF THE COMMUNITY. - HELPING THE FISHERMENS COMMITTEE: HELPING THE FISHERMEN COMMITTEE OF EL QUETZALITO DEVELOP AND STRUCTURE THEMSELVES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ELISA AREANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUE WORLD FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BLUE
ReturnHeader/Filer/EIN0472277386
ReturnHeader/Filer/USAddress/AddressLine1Txt01900 PURDY AVE SUITE 803
ReturnHeader/Filer/USAddress/CityNm0MIAMI BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033139
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09511B9B3C6F4D04108C418949DB653FE92D68009
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09511B9B3C6F4D04108C418949DB653FE92D68009
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204989621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERDEJA DE ARMAS & TRUJILLO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 ALHAMBRA CIR STE 560
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331347417
ReturnHeader/PreparerPersonGrp/PhoneNum03054463177
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PEDRO DE ARMAS
ReturnHeader/ReturnTs02017-09-27T10:16:43-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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