CARIBBEAN TOURISM ORGANIZATION FOUNDATION INC

EIN: 134008435 501(c)(3) Education

SOUTH ORANGE, NJ

Total Revenue
$206,911
Total Expenses
$165,655
Total Assets
$205,074
Net Assets
$205,074
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NJ
Principal Officer
SYLMA BROWN
Phone
2126359530
Tax Period
2023-01-01 to 2023-12-31

CARIBBEAN TOURISM ORGANIZATION FOUNDATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $207K in total revenue in fiscal year 2023. Revenue surged 532% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 20% operating margin.

Mission

THE FOUNDATION SUPPORTS INDIVIDUALS WHO ARE NATIONALS OF CTO MEMBER COUNTRIES INTERESTED IN PURSUING STUDIES IN TOURISM, HOSPITALITY AND LANGUAGE, WHO DEMONSTRATE HIGH LEVELS OF ACADEMIC ACHIEVEMENT AND LEADERSHIP.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $201,740
Program Service Revenue $0
Investment Income $5,171
Other Revenue $0
TOTAL REVENUE $206,911

Expense Breakdown

Grants Paid $9,562
Salaries & Benefits $21,000
Fundraising Expenses $0
Program Expenses $165,655
Other Expenses $135,093
TOTAL EXPENSES $165,655

Year-over-Year Comparison

2023 2022 Change
Revenue $206,911 $32,738 +5.3%
Expenses $165,655 $43,882 +2.8%
Net Income $41,256 $-11,144 -4.7%
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

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Governance

Voting Members
16
Independent Members
16
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE JOHNSON CHAIRMAN 5.00
Officer
$0 $0 $0
BARBARA GILLAM 1ST VICE CHA 5.00
Officer
$0 $0 $0
RICHARD KAHN 2ND VICE CHA 5.00
Officer
$0 $0 $0
JOHNSON JOHNROSE TREASURER 5.00
Officer
$0 $0 $0
TAMARA RICHARDS SECRETARY 5.00
Officer
$0 $0 $0
SHARON BANFIELD BOARD MEMBER 2.00
Director
$0 $0 $0
BARRY BROWN BOARD MEMBER 2.00
Director
$0 $0 $0
ROGER CARUTH BOARD MEMBER 2.00
Director
$0 $0 $0
JULE GUAGLARDI BOARD MEMBER 2.00
Director
$0 $0 $0
CRISTIAN HERNANDEZ BOARD MEMBER 2.00
Director
$0 $0 $0
NEIL KOLTON BOARD MEMBER 2.00
Director
$0 $0 $0
EUSI SKEETE BOARD MEMBER 2.00
Director
$0 $0 $0
JUERGEN STEINMETZ BOARD MEMBER 2.00
Director
$0 $0 $0
HEATHER STOLL DEARNAS BOARD MEMBER 2.00
Director
$0 $0 $0
JILL STONE BOARD MEMBER 2.00
Director
$0 $0 $0
ZAMANI THOMAS BOARD MEMBER 2.00
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
2023 $206,911 $165,655 $205,074 $41,256
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