STARFISH MINISTRIES

EIN: 911866833 501(c)(3) International Affairs

LYNDEN, WA

Total Revenue
$922,743
Total Expenses
$1,054,765
Total Assets
$584,576
Net Assets
$584,576
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
WA
Principal Officer
BERNARD BOVENKAMP
Phone
3603181017
Tax Period
2023-01-01 to 2023-12-31

STARFISH MINISTRIES, founded in 1998, is a small nonprofit in the International Affairs sector that reported $923K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE HUMANITARIAN AND SPIRITUAL SERVICES FOR ORPHANS IN HAITI.

Program Service Accomplishments

Program 1
Expenses: $343,260

EDUCATION - THE ORGANIZATION HAS NINE ELEMENTARY SCHOOLS AND TWO HIGH SCHOOLS IN NORTHWEST HAITI. THIS PROGRAM PROVIDES CLASSROOMS, TEACHERS, TEXTBOOKS, UNIFORM TO STUDENTS, A FEEDING PROGRAM, AND...

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EDUCATION - THE ORGANIZATION HAS NINE ELEMENTARY SCHOOLS AND TWO HIGH SCHOOLS IN NORTHWEST HAITI. THIS PROGRAM PROVIDES CLASSROOMS, TEACHERS, TEXTBOOKS, UNIFORM TO STUDENTS, A FEEDING PROGRAM, AND TEACHER TRAINING.

Program 2
Expenses: $114,586

CONSTRUCTION PROJECTS - THE ORGANIZATION PROVIDES MATERIALS AND LABOR TO CONSTRUCT SCHOOLS, CHURCHES, AND ORPHANAGES AS NEEDED FOR THEIR PROGRAMS TO HELP IMPROVE THE OVERALL QUALITY OF LIFE FOR THE...

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CONSTRUCTION PROJECTS - THE ORGANIZATION PROVIDES MATERIALS AND LABOR TO CONSTRUCT SCHOOLS, CHURCHES, AND ORPHANAGES AS NEEDED FOR THEIR PROGRAMS TO HELP IMPROVE THE OVERALL QUALITY OF LIFE FOR THE PEOPLE IN HAITI. IN 2023, THERE IS ONE ONGOING CONSTRUCTION PROJECT OF THE ORGANIZATION WHICH IS AN ELEMENTARY BUILDING LOCATED IN TRICOTTE.

Program 3
Expenses: $217,389

ORPHANAGE - THE ORGANIZATION IS INVOLVED IN THE FUNDING OF AN ORPHANAGE AND RELATED PROGRAMS WHICH HOUSES SIXTY CHILDREN FROM AGE FOUR TO SEVENTEEN. THE ORPHANAGE PROVIDES FOR THE CHILDREN'S PHYSICAL...

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ORPHANAGE - THE ORGANIZATION IS INVOLVED IN THE FUNDING OF AN ORPHANAGE AND RELATED PROGRAMS WHICH HOUSES SIXTY CHILDREN FROM AGE FOUR TO SEVENTEEN. THE ORPHANAGE PROVIDES FOR THE CHILDREN'S PHYSICAL NEEDS SUCH AS: FOOD, SHELTER AND CLOTHING AS WELL AS THEIR EMOTIONAL AND SPRITUAL NEEDS TO PROVIDE A NURTURING AND SUPPORTIVE ENVIRONMENT.

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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 $905,179
Program Service Revenue $0
Investment Income $17,564
Other Revenue $0
TOTAL REVENUE $922,743

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,021,127
Other Expenses $1,054,765
TOTAL EXPENSES $1,054,765

Year-over-Year Comparison

2023 2022 Change
Revenue $922,743 $942,567 0.0%
Expenses $1,054,765 $921,891 +0.1%
Net Income $-132,022 $20,676 -7.4%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BERNARD BOVENKAMP PRESIDENT/TREASURER/DIRECT 20.00
Officer Director
$0 $0 $0
PHILIP BOVENKAMP VICE PRESIDENT/DIRECTOR 10.00
Officer Director
$0 $0 $0
KARLA BRIGHT SECRETARY/DIRECTOR 5.00
Officer Director
$0 $0 $0
DOUGLAS JARVIE DIRECTOR/PRESIDENT STARFIS 15.00
Director
$0 $0 $0
DANIEL BRIM DIRECTOR 5.00
Director
$0 $0 $0
SHERYL BOVENKAMP DIRECTOR 8.00
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 No data No data No data No data
2023 $922,743 $1,054,765 $584,576 $-132,022
2022 $942,567 $921,891 $716,598 $20,676
2021 $1,133,404 $1,017,592 $695,922 $115,812
2020 $904,077 $966,046 $580,110 $-61,969
2019 $802,447 $676,233 $642,079 $126,214
2018 $740,256 $699,886 $515,865 $40,370
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