ISLAND GREEN BUILDING ASSOCIATION INC

EIN: 660714681 501(c)(3) Environment

ST JOHN, VI

Total Revenue
$576,395
Total Expenses
$667,009
Total Assets
$1,066,189
Net Assets
$1,038,983
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VI
Principal Officer
HARITH WICKREMA
Phone
3404737870
Tax Period
2023-01-01 to 2023-12-31

ISLAND GREEN BUILDING ASSOCIATION INC, founded in 2004, is a small nonprofit in the Environment sector that reported $576K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $667K exceeded revenue, resulting in a 16% operating deficit.

Mission

TRANSFORM THE UNITED STATES VIRGIN ISLANDS INTO A NET ZERO WASTE, CARBON-NEUTRAL TERRITORY IN ORDER TO PROTECT THE ENVIRONMENT AND ENSURE THE HEALTH, WELFARE AND ECONOMIC SECURITY OF THE ISLANDS AND ITS PEOPLE.

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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 $572,262
Program Service Revenue $0
Investment Income $4,133
Other Revenue $0
TOTAL REVENUE $576,395

Expense Breakdown

Grants Paid $0
Salaries & Benefits $493,089
Fundraising Expenses $0
Program Expenses $522,869
Other Expenses $173,920
TOTAL EXPENSES $667,009

Year-over-Year Comparison

2023 2022 Change
Revenue $576,395 $964,487 -0.4%
Expenses $667,009 $619,166 +0.1%
Net Income $-90,614 $345,321 -1.3%
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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Governance

Voting Members
11
Independent Members
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARITH WICKREMA PRESIDENT 45.00
Officer Director
$0 $0 $0
ROBERT CRANE BOARD OF DIRECTORS 4.00
Director
$0 $0 $0
AKHIL DESHWAL SECRETARY 5.00
Officer Director
$0 $0 $0
DAVID HALL BOARD OF DIRECTORS 0.50
Director
$0 $0 $0
DAWN HENRY VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JIM DOMBROWOLSKI BOARD OF DIRECTORS 0.50
Director
$0 $0 $0
DONALD SCHNELL BOARD OF DIRECTORS 0.50
Director
$0 $0 $0
CURTIS PENN TREASURER 2.00
Officer Director
$0 $0 $0
TREY GOLDSMITH EXECUTIVE COMMITTEE 2.00
Director
$0 $0 $0
GREG GUANNEL BOARD OF DIRECTORS 0.50
Director
$0 $0 $0
BRAD CAMRUD BOARD OF DIRECTORS 0.50
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $576,395 $667,009 $1,066,189 $-90,614
2022 $964,487 $619,166 $1,142,980 $345,321
2022 $964,487 $619,166 $1,142,980 $345,321
2021 $779,380 $363,313 $792,165 $416,067
2020 $206,089 $309,677 $391,686 $-103,588
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