ELBOW REEF FOUNDATION INC CO CHAMBERLIN OWEN & CO INC (EIN 850976407) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

KENT LEBOUTILLIER

Phone

8594310700

Tax Period

2024-01-01 to 2024-12-31

ELBOW REEF FOUNDATION INC CO CHAMBERLIN OWEN & CO INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $105K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT THE PRESERVATION OF THE ELBOW REEF LIGHTHOUSE & ENSURE ITS SUSTAINABILITY WHILE ALSO SUPPORTING THE CULTURAL INTEGRITY & COMMUNITY SPACES OF ELBOW CAY FOR THE BENEFIT OF VISITORS, LOCALS, THE NATION OF THE BAHAMAS, & THE WORLD.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,496

Program Service Revenue $0

Investment Income $0

Other Revenue $68,323

TOTAL REVENUE $104,819

Expense Breakdown

Grants Paid $97,869

Salaries & Benefits $0

Fundraising Expenses $1,536

Program Expenses $98,061

Other Expenses $13,118

TOTAL EXPENSES $110,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$104,819	$203,737	-0.5%
Expenses	$110,987	$240,339	-0.5%
Net Income	$-6,168	$-36,602	-0.8%

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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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
LAURA GALLAGHER	PRESIDENT	35.00	Officer Director	$0	$0	$0
KENT LEBOUTILLIER	VICE PRESIDENT	35.00	Officer Director	$0	$0	$0
HEATHER FORDE-PROSA	SECRETARY	10.00	Officer Director	$0	$0	$0
JAMES W TIVY	TREASURER	35.00	Officer Director	$0	$0	$0
LETITIA McKIBBON	BOARD MEMBER	10.00	Officer Director	$0	$0	$0
NEIL ABERLE	ADVISOR	10.00	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	$104,819	$110,987	$71,287	$-6,168
2023	$203,737	$240,339	$77,455	$-36,602
2022	$501,003	$433,442	$114,057	$67,561

ELBOW REEF FOUNDATION INC CO CHAMBERLIN OWEN & CO INC