COCO POINT FUND INC (EIN 132975806) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

MICHAEL SMITH

Phone

3014676153

Tax Period

2024-01-01 to 2024-12-31

COCO POINT FUND INC, founded in 1979, is a small nonprofit that reported $226K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $354K exceeded revenue, resulting in a 57% operating deficit.

Mission

TO AID IN THE EDUCATIONAL, MEDICAL, HEALTH, RELIGIOUS AND GENERAL WELFARE NEEDS OF THE INHABITANTS AND INSTITUTIONS OF THE ISLANDS OF BARBUDA AND ANTIGUA, WEST INDIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $172,384

Program Service Revenue $0

Investment Income $53,546

Other Revenue $0

TOTAL REVENUE $225,930

Expense Breakdown

Grants Paid $51,045

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $332,134

Other Expenses $302,612

TOTAL EXPENSES $353,657

Year-over-Year Comparison

	2024	2023	Change
Revenue	$225,930	$146,837	+0.5%
Expenses	$353,657	$79,484	+3.4%
Net Income	$-127,727	$67,353	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATIE DANZIGER	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL K SMITH	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOAN MINSHALL	TREASURER	3.00	Officer Director	$0	$0	$0
CRAIG HENDERSON	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
TIM COLEMAN	TRUSTEE	1.00	Director	$0	$0	$0
WERNER MINSHALL	TRUSTEE	2.00	Director	$0	$0	$0
EMILY KUNSCHNER	TRUSTEE	1.00	Director	$0	$0	$0
JEFF REED	TRUSTEE	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$225,930	$353,657	$1,216,695	$-127,727
2023	$146,837	$79,484	$1,344,422	$67,353
2022	$144,224	$80,318	$1,277,069	$63,906
2021	$168,950	$99,055	$1,213,163	$69,895
2020	$297,816	$177,071	$1,143,268	$120,745
2019	$313,658	$245,559	$1,022,523	$68,099
2018	$682,701	$742,697	$954,424	$-59,996

COCO POINT FUND INC