Abaco Strong Inc

🔒

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

2020

Legal Domicile

Principal Officer

Peet Strydrom

Phone

9014874941

Tax Period

2024-01-01 to 2024-12-31

Abaco Strong Inc, founded in 2020, is a small nonprofit in the International Affairs sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $304K exceeded revenue, resulting in a 77% operating deficit.

Mission

Abaco Strong, building sustainable communities throughout Abaco by focusing on affordable housing, small business training, and empowering back yard farmers.

Program Service Accomplishments

Program 1

Expenses: $304,024

Abaco Strong, building sustainable communities throughout Abaco by focusing on affordable housing, small business training, and empowering back yard farmers.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $171,268

Program Service Revenue $0

Investment Income $0

Other Revenue $574

TOTAL REVENUE $171,842

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $304,024

Other Expenses $304,024

TOTAL EXPENSES $304,024

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,842	$514,483	-0.7%
Expenses	$304,024	$404,411	-0.2%
Net Income	$-132,182	$110,072	-2.2%

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
Peet Strydrom	President and Exec Director	5.00	Officer Director	$0	$0	$0
Dan Proctor	Director	5.00	Director	$0	$0	$0
Emmy Whitney	Director	5.00	Director	$0	$0	$0
Glenn Floyd	Director	5.00	Director	$0	$0	$0
Shane Flynn	Director	5.00	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	$171,842	$304,024	$97,875	$-132,182
2023	$514,483	$404,411	$234,898	$110,072
2022	$282,040	$236,518	$256,014	$45,522
2021	$262,192	$233,259	$165,321	$28,933