BAHAMAS EDUCATION CULTURE AND SCIENCE FOUNDATION INC (EIN 200419036) - 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

2003

Legal Domicile

Principal Officer

KATHY GERACE

Phone

9417437954

Tax Period

2020-01-01 to 2020-12-31

BAHAMAS EDUCATION CULTURE AND SCIENCE FOUNDATION INC, founded in 2003, is a small nonprofit in the Education sector that reported $587K in total revenue in fiscal year 2020. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $554K left a modest 6% surplus.

Mission

THE PURPOSES FOR WHICH THIS CORPORATION WAS FORMED IS TO OPERATE FOR THE ADVANCEMENT OF EDUCATION, RESEARCH AND ARTISTIC EXPRESSION, AND FOR OTHER CHARITABLE PURPOSES BY THE DISTRIBUTION OF ITS FUNDS FOR THOSE PURPOSES, AND PARTICULARLY FOR SUPPORT OF HIGHER EDUCATION AND ACADEMIC PROGRAMS, SCIENTIFIC AND AND ENVIRONMENTAL RESEARCH PROJECTS, LECTURE SERIES AND CULTURAL EXCHANGES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $586,993

Investment Income $11

Other Revenue $0

TOTAL REVENUE $587,004

Expense Breakdown

Grants Paid $551,944

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $551,944

Other Expenses $2,002

TOTAL EXPENSES $553,946

Year-over-Year Comparison

	2020	2019	Change
Revenue	$587,004	$274,869	+1.1%
Expenses	$553,946	$242,300	+1.3%
Net Income	$33,058	$32,569	+0.0%

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
JULIE ANNE GERACE	DIRECTOR	N/A	Director	$0	$0	$0
HENRY GIVENS	DIRECTOR	N/A	Director	$0	$0	$0
FRANK MINAYA	DIRECTOR	N/A	Director	$0	$0	$0
KATHY GERACE	SECRETARY TR	N/A	Officer	$0	$0	$0
DEBORAH GERACE WEEKS	PRESIDENT	N/A	Officer	$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
2020	$587,004	$553,946	$168,554	$33,058
2019	$274,869	$242,300	$135,496	$32,569

BAHAMAS EDUCATION CULTURE AND SCIENCE FOUNDATION INC