Civic Intelligence

Caribbean Biodiversity Fund

EIN 98-1313536 • 501(c)3 • Altrincham, Cheshire, UK

Profile

To promote for the benefit of the public the conservation, protection management and continuous funding for conservation and sustainable development in participating countries by providing a sustainable flow of funds to support without limitation, enforcement, infrastructure, monitoring needs and other activities that contribute substantially to the conservation, protection and maintenance of biodiversity within the national protected areas systems or any other area of environmental significance of the participating countries.

3rd Floor 1 Ashley RdAltrincham, Cheshire WA14 2DTUk

n/A

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

5th percentile

0.01x

Higher debt load relative to revenue than 5% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2021

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$134,804,057

No earlier filing loaded for comparison.

Liabilities

$54,890

No earlier filing loaded for comparison.

Net Assets

$134,749,167

No earlier filing loaded for comparison.

Revenue

$10,943,665

No earlier filing loaded for comparison.

Expenses

$6,847,525

No earlier filing loaded for comparison.

Net Income

$4,096,140

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2021: $134,804,057Liabilities 2021: $54,890Net Assets 2021: $134,749,1672021

Highlighted filing

2021

Assets$134,804,057
Liabilities$54,890
Net Assets$134,749,167

Operations Trend

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

$15M$10M$5.0M$0Revenue 2021: $10,943,665Expenses 2021: $6,847,525Net Income 2021: $4,096,1402021

Highlighted filing

2021

Revenue$10,943,665
Expenses$6,847,525
Net Income$4,096,140

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$135$0.05$135$10.9$6.85$4.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Nov 18, 2022
Return Version
2020v4.2
Gross Receipts
$62,660,385
Mission and Program Overview

Mission

To promote for the benefit of the public the conservation, protection management and continuous funding for conservation and sustainable development in participating countries by providing a sustainable flow of funds to support without limitation, enforcement, infrastructure, monitoring needs and other activities that contribute substantially to the conservation, protection and maintenance of biodiversity within the national protected areas systems or any other area of environmental significance of the participating countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$124,306,543$128,391,238▲ $4,084,695
Cash and Non-Interest-Bearing Accounts$781,437$6,210,829▲ $5,429,392
Accounts Receivable$343,411$193,812▼ $149,599
Land, Buildings, and Equipment, Net$7,473$8,178▲ $705
Total Assets$125,438,864$134,804,057▲ $9,365,193
Liabilities
Accounts Payable and Accrued Expenses$127,393$54,890▼ $72,503
Total Liabilities$127,393$54,890▼ $72,503
Net Assets / Fund Balance
Net Assets With Donor Restrictions$125,311,471$134,749,167▲ $9,437,696
Total Net Assets Fund Balance$125,311,471$134,749,167▲ $9,437,696
Total Liabilities and Net Assets / Fund Balance$125,438,864$134,804,057▲ $9,365,193

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,178$8,038$16,216
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yabanex BatistaOutgoing CEOFT$115,600$10,600$126,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$755,000
Program Service Revenue
$0
Investment Income
$10,188,665
Other Revenue
$0
All Other Contributions
$755,000
Change in Net Assets
$4,096,140

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,943,665
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,365,454
Total Revenue per Audited Statements
$16,309,119
Total Revenue per Form 990
$10,943,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,530,771
Other Expenses$890,309
Salaries, Compensation, and Employee Benefits$426,445
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$5,530,771--$5,530,771
Fees for Service Investment Mgmnt Fees-$523,382-$523,382
Other Salaries and Wages$323,612--$323,612
Other Expenses$145,621--$145,621
Current Officers, Directors, Trustees, and Key Employees$102,833--$102,833
Office Expenses$88,710--$88,710
Fees for Services Accounting$50,102--$50,102
Fees for Services Other$30,136--$30,136
Travel$24,265--$24,265
Fees for Services Legal$14,340--$14,340
Insurance$10,943--$10,943
Depreciation Depletion$2,810--$2,810
Total Functional Expenses$6,324,143$523,382$0$6,847,525

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,871,423
Expenses per Audited Statements$6,847,525
Total Expenses per Form 990$6,847,525
Expenses Not Reported on Form 990$23,898
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
1
Employees
7
Spending
$6,324,143

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesNature Conservation17$6,324,143
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

Form 990 will be presented to the board prior to submission to the irs.

Form 990, Part VI, Section B, Line 12C

Prior to, or at the beginning of any director decision making process (or committee meeting), directors must declare any interest in relation to matters on the agenda and whether or not they think this may give rise to a conflict of interest. Directors not attending the meeting or taking part in the decision making process should declare any interest in advance to the chairperson. Notwithstanding anything to the contrary in the articles, the cbf's policy is that all interests should be declared at each meeting to avoid uncertainty.

Form 990, Part VI, Section C, Line 19

All documents are availabe upon request.

Filing and Contact Details

Filer

Filer Name
Caribbean Biodiversity Fund
EIN
98-1313536
Phone
8763811848
Address
UK

Signing Officer

Name
Eleanor Phillips
Title
Treasurer
Signed
2022-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Mcdonald Gayle
Formed
2012
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreign currency loss -23,898.

FORM 990, PART XII, LINE 2C:

The organization has a committee responsible for the oversight of the audit and the selection of the independent accountant.

Financial Statement Notes

PART X, LINE 2:

The charity is an exempt charity within the meaning of schedule 3 of the charities act 2011 and is considered to pass the tests set out in paragraph 1 schedule 6 finance act 2010 and therefore it meets the definition of a charitable company for uk corporation tax purposes.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Foreign currency translation 23,898.

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IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0145621
IRS990/OtherExpensesGrp/TotalAmt0145621
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0323612
IRS990/OtherSalariesAndWagesGrp/TotalAmt0323612
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KAREN MCDONALD GAYLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050206793
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03700122
IRS990/PYInvestmentIncomeAmt01946889
IRS990/PYOtherExpensesAmt0689613
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt047356692
IRS990/PYSalariesCompEmpBnftPaidAmt0407255
IRS990/PYTotalExpensesAmt04796990
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt052153682
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04096140
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION IS GROWING ITS FUNDING TO INCLUDE A LARGER VARIETY OF DONORS THAT SUPPORT THEIR MISSION OF CONSERVATION, PROTECTION AND EXPANSION OF AREAS OF BIOLOGICAL AND CLIMATE SIGNIFICANCE. THE ORGANIZATION'S BOARD REPRESENTS THE BROAD INTEREST OF THE PUBLIC.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0755000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050206793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02730454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031033811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt088726058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03008858
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02796486
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01695424
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01597271
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0882789
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09980828
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.11260
IRS990ScheduleA/PublicSupportPY170Pct00.11380
IRS990ScheduleA/PublicSupportTotal170Amt011114414
IRS990ScheduleA/SubstantialContributorsTotAmt077611644
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0755000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050206793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04000000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02730454
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031033811
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt088726058
IRS990ScheduleA/TotalSupportAmt098706886
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt023898
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06847525
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05365454
IRS990ScheduleD/OtherExpensesIncludedAmt023898
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08178
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08038
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016216
IRS990ScheduleD/RevenueNotReportedAmt05365454
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010943665
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARITY IS AN EXEMPT CHARITY WITHIN THE MEANING OF SCHEDULE 3 OF THE CHARITIES ACT 2011 AND IS CONSIDERED TO PASS THE TESTS SET OUT IN PARAGRAPH 1 SCHEDULE 6 FINANCE ACT 2010 AND THEREFORE IT MEETS THE DEFINITION OF A CHARITABLE COMPANY FOR UK CORPORATION TAX PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FOREIGN CURRENCY TRANSLATION 23,898.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08178
IRS990ScheduleD/TotalExpensesPerForm990Amt06847525
IRS990ScheduleD/TotalRevenuePerForm990Amt010943665
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt016309119
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06871423
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt07
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt06324143
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0NATURE CONSERVATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt05530771
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0MARINE MAMMAL SANCTUARY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt07
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt06324143
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt037
IRS990ScheduleF/TotalEmployeeCnt07
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt06324143
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WILL BE PRESENTED TO THE BOARD PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO, OR AT THE BEGINNING OF ANY DIRECTOR DECISION MAKING PROCESS (OR COMMITTEE MEETING), DIRECTORS MUST DECLARE ANY INTEREST IN RELATION TO MATTERS ON THE AGENDA AND WHETHER OR NOT THEY THINK THIS MAY GIVE RISE TO A CONFLICT OF INTEREST. DIRECTORS NOT ATTENDING THE MEETING OR TAKING PART IN THE DECISION MAKING PROCESS SHOULD DECLARE ANY INTEREST IN ADVANCE TO THE CHAIRPERSON. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THE ARTICLES, THE CBF'S POLICY IS THAT ALL INTERESTS SHOULD BE DECLARED AT EACH MEETING TO AVOID UNCERTAINTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOREIGN CURRENCY LOSS -23,898.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0125438864
IRS990/TotalAssetsEOYAmt0134804057
IRS990/TotalAssetsGrp/BOYAmt0125438864
IRS990/TotalAssetsGrp/EOYAmt0134804057
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0755000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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