Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
EIN 82-2831410 • 501(c)3 • Miami, FL
Profile
Enabling progress and building more resilient communities so that people in the Caribbean and Latin America can thrive.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$1,151,097
Up $19,158 (+1.7%) from 2023
Liabilities
Up$106,550
Up $95,350 (+851%) from 2023
Net Assets
Down$1,044,547
Down $76,192 (-6.8%) from 2023
Revenue
Down$122,124
Down $460,925 (-79%) from 2023
Expenses
Up$310,466
Up $287,523 (+1253%) from 2023
Net Income
Down-$188,342
Down $748,448 (-134%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Enabling progress and building more resilient communities so that people in the caribbean and latin america can thrive.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $981,939 | $951,097 | ▼ $30,842 |
| Pledges and Grants Receivable | $150,000 | $200,000 | ▲ $50,000 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Investments Program Related | $0 | - | - |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $1,131,939 | $1,151,097 | ▲ $19,158 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $11,200 | $106,550 | ▲ $95,350 |
| Other Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $11,200 | $106,550 | ▲ $95,350 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,120,739 | $1,044,547 | ▼ $76,192 |
| Total Net Assets Fund Balance | $1,120,739 | $1,044,547 | ▼ $76,192 |
| Total Liabilities and Net Assets / Fund Balance | $1,131,939 | $1,151,097 | ▲ $19,158 |
| Name | Title |
|---|---|
| Inge Smidts | Chairman & Director |
| Rosario Veras | President (start 1/1/24) |
| Noelle Smikle | President (until 1/1/24) |
| Brian Lilly | Director |
| Dominic Boon | Director |
| Itay Yefet | Director |
| Michelle Wilson-Clarke | Director |
| Muna Issa | Director |
| Stephen Price | Director |
| Marilyn Sealy | Director (START 12/6/24) |
| Michael Coakley | Director (until 12/6/24) |
| Ruchi Kaushal | Secretary & Director |
| Leah Pegg | Assistant Secretary |
| Sean Fitzgerald | Assistant Treasurer |
| Rabiya Alloo | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Mona School Of Business & Management | Training | Campus Mona, Kignston, Jm | $105,750 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $30,000 | Market value |
| Works of Art | 2 | $16,000 | Market value |
| Other Non Cash Contri Table | 3 | $6,150 | Market value |
| Other Non Cash Contri Table | 1 | $5,200 | Market value |
| Other Non Cash Contri Table | 1 | $5,000 | Market value |
| Other Non Cash Contri Table | 1 | $650 | Market value |
| Total Noncash Contributions | 9 | $63,000 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $197,500 |
| Other Expenses | $112,966 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $197,500 | - | - | $197,500 |
| Fees for Services Other | $105,750 | $0 | $0 | $105,750 |
| Travel | $0 | $954 | $0 | $954 |
| Other Expenses | $0 | $201 | $0 | $201 |
| Total Functional Expenses | $303,250 | $7,216 | $0 | $310,466 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America and the Caribbean | Grantmaking | In the current year, the Foundation has supported connectivity and education in schools by donating computers and other technology equipment in Bahamas and British Virgin Islands. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communication LLC's low-income broadband initiative in Barbados, Grenada and Barbados. | 0 | 0 | $197,000 |
| Central America and the Caribbean | Program Services | Training | 0 | 0 | $105,750 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $420,220 |
| Fundraising Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala | $277,068 | $0 | $383,500 | $-383,500 |
| Raffle | $5,200 | $0 | $3,220 | $-3,220 |
| Total Events | $282,268 | $0 | $420,220 | $-420,220 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“In 2024, the following directors are also officers of Cable & Wireless Communications LLC (formerly Cable & Wireless Communications, Inc.) or its affiliate, Liberty Latin America Ltd.: Inge Smidts, Dominic Boon, and Ruchi Kaushal. The following directors are employees of Cable & Wireless Communications LLC or its affiliate, Liberty Latin American Ltd.: Itay Yefet, Stephen Price, Michael Coakley, and Marilyn Sealy.”
“Cable & Wireless Communications, LLC is the sole corporate member of Liberty Caribbean Foundation, Inc. (formerly Cable & Wireless Charitable Foundation, Inc.).”
“Cable & Wireless Communications, LLC as the sole member shall have the power to elect the directors of the corporation and to remove any one or more of the directors at any time.”
“Any amendment to any provision of the organization's bylaws shall be approved by written consent by Cable & Wireless Communications, LLC as the sole member of the organization.”
“Liberty Caribbean Foundation, Inc. (formerly Cable & Wireless Charitable Foundation, Inc.) does not have any committees as of December 31, 2024.”
“The form 990 is prepared by an outside accounting firm using information provided by the Foundation. A draft of the return is reviewed by the Legal and Finance departments at Cable & Wireless Communications, LLC and the Board of Directors of the Foundation.”
“Each director, principal officer and member of a committee with governing board delegated powers must annually sign a statement affirming such person: (a) has received a copy of the conflicts of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy, and (d) understands that the corporation is a charitable organization, and in order to maintain its federal tax exemption it must be operated exclusively for a charitable purpose. In connection with any actual or potential conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Procedures for addressing the conflict of interest A. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the potential conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction of arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”
“The Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“TRAINING FEES - Total Expense: 105750, Program Service Expense: 105750, Management and General Expenses: , Fundraising Expenses: ;”
“Contribution returned - -1950; Prior Period Adjustment - 9100; Total - 7150;”
“THE FOUNDATION DISBURSED THE BELOW GRANTS DURING THE TAX YEAR THAT ARE REPORTED ON SCHEDULE F, PART II, LINE 1. PART II, GRANT 1 Unite BVI is a local volunteer organization, comprised of skilled professionals, whose mission is bringing people, great ideas and resources together for sustainable positive impact and to inspire BVI's next generation of change-makers. Through this grant, the organization - through the Youth Empowerment Project (YEP) - seeks to support YEP's digital programming and skill building for approximately 150 young BV Islanders. The grant provided computers and related accessories valued at $30,000.00. PART II, GRANT 2 Jamaica is one of the islands that was impacted by Hurricane Beryl which left wide-spread damage across its Southern coastal parishes. An additional grant of $20,000 was approved to assist with additional relief in that area. Through the grant, direct aid will be provided to re-establish computer lab at Bustamante High School impacting approximately 770 students. Other institutions may also benefit. PART II, GRANT 3 St. Vincent and the Grenadines: Hurricane Beryl devasted St Vincent & The Grenadines leaving significant damages across the islands. Through the grant, direct aid will be provided to re-establish computer labs in primary and secondary schools on Union Island, Canoaun Island and Mayreau Island impacting approximately 270 students across all 3 islands through the procurement of computers and related accessories valued at $50,000. PART II, GRANT 4 World Central Kitchen: World Central Kitchen (WCK) is a not-for-profit, non-governmental organization that provides food relief during major disasters. Through this grant of $75,000, the organization seeks to support families impacted by Hurricane Beryl in 2024 through the provision of food and hot meals in the aftermath of the hurricane in Grenada, Jamaica and St Vincent & The Grenadines. PART II, GRANT 5 Bahamas: Jump - LCF funded digital literacy and upskilling for eligible families in CWC's low-income broadband program - was expanded to include the Bahamas. The programme provides participants with connectivity, training and devices. The programme received a donation from Westco of US$12,500 for the procurement of devices. To date, $9,600 was used to procure devices for participants in that island. PART II, GRANT 6 Trinidad: Flow Trinidad hosted a Career Day at a Primary School which serves 450 students. LCF contributed to the reactivation of the school's computer lab to support ICT learning via pennacool.com. LCF provided laptops valuing USD $10,000.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 106550 |
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| IRS990/Desc | 0 | In the current year, the Foundation has supported connectivity and education in schools by donating computers and other technology equipment in St. Vincent & the Grenadines, Trinidad, Jamaica and British Virgin Islands,. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communications, LLC's low-income broadband initiative in St. Lucia, Grenada, Barbados and Bahamas. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY & DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director (START 12/6/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR (UNTIL 12/6/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | ASSISTANT SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PRESIDENT (UNTIL 1/1/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | PRESIDENT (START 1/1/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | ASSISTANT TREASURER |
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| IRS990/FormationYr | 0 | 2017 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
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| IRS990/FundraisingDirectExpensesAmt | 0 | 420220 |
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| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
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| IRS990/MissionDesc | 0 | Enabling progress and building more resilient communities so that people in the Caribbean and Latin America can thrive. |
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| IRS990/MoreThan5000KToOrgInd | 0 | true |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1148 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 201 |
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| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3605 |
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| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1148 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 201 |
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| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | DESCRIPTION - GROSS EVENT REVENUE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 71989.0, COLUMN D - 84799.0, COLUMN E - 0.0, COLUMN F - 156788.0; |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part II, Line 10 Other Income |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 721325 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 759027 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 442728 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 568466 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3033890 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 71989 |
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| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 156788 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.43841 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.37771 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1398835 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1635055 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 542344 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 721325 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 759027 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 442728 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 568466 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3033890 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
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| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt | 1 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 0 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt | 1 | 0 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 0 | 197000 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt | 1 | 105750 |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 0 | Central America and the Caribbean |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt | 1 | Central America and the Caribbean |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 0 | In the current year, the Foundation has supported connectivity and education in schools by donating computers and other technology equipment in Bahamas and British Virgin Islands. The Foundation has also funded a digital literacy program as a part of Cable & Wireless Communication LLC's low-income broadband initiative in Barbados, Grenada and Barbados. |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt | 1 | TRAINING |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 0 | Grantmaking |
| IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt | 1 | Program Services |
| IRS990ScheduleF/BoycottCountriesInd | 0 | false |
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| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | false |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | false |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 0 | PROCUREMENT OF EQUIPMENT |
| IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt | 1 | PROCUREMENT OF EQUIPMENT |
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