BONAIRE COMMUNITY IMPROVEMENT ASSOCIATION (EIN 237356199) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

ROY BALDIT

Phone

7136864692

Tax Period

2025-01-01 to 2025-12-31

BONAIRE COMMUNITY IMPROVEMENT ASSOCIATION, founded in 1973, is a small nonprofit in the Housing & Shelter sector that reported $387K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $366K left a modest 5% surplus.

Mission

The Association is organized to maintain and manage the communitys common areas and facilities, enforce the governing covenants and rules, and promote the health, safety, and welfare of its members.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $379,916

Investment Income $6,788

Other Revenue $0

TOTAL REVENUE $386,704

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $326,105

Other Expenses $366,067

TOTAL EXPENSES $366,067

Year-over-Year Comparison

	2025	2024	Change
Revenue	$386,704	$357,496	+0.1%
Expenses	$366,067	$396,404	-0.1%
Net Income	$20,637	$-38,908	-1.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
ROY BALDIT	PRESIDENT	3.00	Officer	$0	$0	$0
ERIC SMITH	VICE PRESIDENT	3.00	Officer	$0	$0	$0
BELYNDA PERALES	SECRETARY	3.00	Officer	$0	$0	$0
JIM DEASY	TREASURER	3.00	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
2025	$386,704	$366,067	$418,771	$20,637
2024	No data	No data	No data	No data
2023	$366,859	$357,519	$436,078	$9,340
2022	$378,072	$379,899	$407,566	$-1,827
2021	$374,015	$291,661	$415,012	$82,354
2020	$335,961	$395,706	$347,395	$-59,745
2019	$357,700	$262,010	$334,066	$95,690
2018	$353,944	$464,120	$361,153	$-110,176

BONAIRE COMMUNITY IMPROVEMENT ASSOCIATION