Abaco Rescue Fund Non-Profit Corporation

EIN: 842977702 501(c)(3) Public Safety

Ponte Vedra Beach, FL

Total Revenue
$132,007
Total Expenses
$92,379
Total Assets
$119,588
Net Assets
$119,588
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
Beth Warren
Phone
9042961313
Tax Period
2023-01-01 to 2023-12-31

Abaco Rescue Fund Non-Profit Corporation, founded in 2019, is a small nonprofit in the Public Safety sector that reported $132K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $40K, a strong 30% operating margin.

Mission

INSPIRED BY THE LOVE AND WARMTH OF THE ABACO BAHAMIANS AND IN RESPONSE TO THE DESTRUCTION WROUGHT BY HURRICANE DORIAN, THE ABACO RESCUE FUND WAS ESTABLISHED TO ASSIST THE VICTIMS OF HURRICANE DORIAN.

Program Service Accomplishments

Program 1
Expenses: $92,379

Following Hurricane Dorian in the Abaco region of the Bahamas, initially provided emergency transportation services and flew dozens of relief flights removing hundreds of people from the disaster...

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Following Hurricane Dorian in the Abaco region of the Bahamas, initially provided emergency transportation services and flew dozens of relief flights removing hundreds of people from the disaster zone, primarily family units with small children. Transitioned to finding temporary housing in the US for as long as visas allowed. Then started helping clear land and assess the condition of still standing houses. Transitioned to work on reroofing existing structures and rebuilding community centers and completely destroyed houses. Our goals are to: Aid Abaconian victims of Hurricane Dorian by securing and preserving the immediate life and safety of those displaced via emergency & tactical relief response. This includes providing evacuations, rent deposits, school tuition, and humanitarian aid in the form of clothing, furniture, food, water, shoes, school supplies, bicycles, toys, and gift cards. Secure safe housing for those whose homes were affected. This includes home repairs, mold remediation, complete home rebuilds, reroofing, supplying generators, and donating building materials to residents, churches, schools, and community parks. Assist with practical, medical, emotional and spiritual trauma support to facilitate the start of the recovery process. Bring communities back together by hosting community events consisting of celebrations, meals, beverages, music, donation distribution, and special guest appearances. We have donated over 100 bikes, over 100 stockings and childrens bibles, over 1000 textbooks and workbooks, clothes, over 500 pairs of shoes, warm meals, and a whole lot of love at these events.

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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 $131,990
Program Service Revenue $0
Investment Income $17
Other Revenue $0
TOTAL REVENUE $132,007

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $92,379
Other Expenses $92,379
TOTAL EXPENSES $92,379

Year-over-Year Comparison

2023 2022 Change
Revenue $132,007 $267,931 -0.5%
Expenses $92,379 $299,247 -0.7%
Net Income $39,628 $-31,316 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
18

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN ELIZABETH WARREN CHAIRMAN AND PRESIDENT 40.0
Officer Director
$0 $0 $0
DAVIS WARREN VICE PRESIDENT 40.0
Officer Director
$0 $0 $0
ASHLEY E JACKSON VICE PRESIDENT 12.0
Officer Director
$0 $0 $0
ALYSSA ROSE VICE PRESIDENT 30.0
Officer 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 No data No data No data No data
2023 $132,007 $92,379 $119,588 $39,628
2022 $267,931 $299,247 $79,960 $-31,316
2021 $400,203 $537,177 $111,276 $-136,974
2020 $375,005 $874,484 $248,250 $-499,479
2019 $920,273 $172,544 $747,729 $747,729
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