ERROL THURSTON BAHAMAS ABACO HURRICANE RELIEF FUND INC (EIN 842978073) - 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

2019

Legal Domicile

Principal Officer

ERROL H THURSTON JR

Phone

7722855424

Tax Period

2021-01-01 to 2021-12-31

ERROL THURSTON BAHAMAS ABACO HURRICANE RELIEF FUND INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $744 in total revenue in fiscal year 2021. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 8116% operating deficit.

Mission

THE ERROL THURSTON BAHAMAS ABACO HURRICANE RELIEF FUND WAS ESTABLISHED AFTER HURRICANE DORIAN DEVASTATED THE BAHAMAS AS A CATEGORY 5 HURRICANE ON SEPTEMBER 1, 2019. THE ORGANIZATION'S MISSION IS TO HELP THE PEOPLE OF ABACO DURING THEIR GREATEST TIME OF NEED. NONCASH CONTRIBUTIONS (FOOD, WATER, CLOTHING, FIRST-AID, SUPPLIES, ETC.) WERE TRANSPORTED DIRECTLY TO THE BAHAMAS WHILE CASH CONTRIBUTIONS WERE USED TO PAY FOR TRANSPORTATION COSTS AND PURCHASE ADDITIONAL SUPPLIES THAT AIDED CLEANUP AND REBUILDING EFFORTS.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $744

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $744

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,130

Other Expenses $53,630

TOTAL EXPENSES $61,130

Year-over-Year Comparison

	2021	2020	Change
Revenue	$744	$5,823	-0.9%
Expenses	$61,130	$116,281	-0.5%
Net Income	$-60,386	$-110,458	-0.5%

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

150

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
ERROL H THURSTON JR	PRESIDENT	N/A	Officer	$0	$0	$0
LEIGH GOETZ	VICE PRESIDE	N/A	Officer	$0	$0	$0
MERCEDES L THURSTON	TREASURER	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
2021	$744	$61,130	$4,850	$-60,386
2020	$5,823	$116,281	$65,236	$-110,458
2019	$267,015	$91,321	$175,694	$175,694

ERROL THURSTON BAHAMAS ABACO HURRICANE RELIEF FUND INC