Is Caribbean Tourism Organization Foundation Inc Legit?
Quick charity verification for Caribbean Tourism Organization Foundation Inc (EIN: 134008435)
Verdict: Caribbean Tourism Organization Foundation Inc appears trustworthy
85/100Mission Score
$207KRevenue
$205KAssets
1Red Flags
5Strengths
Red Flags
Significant decline in total assets from $391,684 in 201112 to $205,074 in 202312.
Strengths
Strong program spending ratio (90% in 202312).
Zero officer compensation reported across all filings.
Consistent revenue generation exceeding expenses in recent periods (e.g., 202312).
No reported liabilities in the latest filing (202312), indicating strong financial health.
Consistent IRS 990 filing history demonstrating transparency.
Spending Breakdown
How Caribbean Tourism Organization Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Caribbean Tourism Organization Foundation Inc
Is Caribbean Tourism Organization Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Caribbean Tourism Organization Foundation Inc (EIN: 134008435) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Caribbean Tourism Organization Foundation Inc a good charity to donate to?
Caribbean Tourism Organization Foundation Inc has a Mission Score of 85/100. Revenue: $207K. Assets: $205K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Caribbean Tourism Organization Foundation Inc?
The Employer Identification Number (EIN) for Caribbean Tourism Organization Foundation Inc is 134008435. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Caribbean Tourism Organization Foundation Inc spend its money?
Caribbean Tourism Organization Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Caribbean Tourism Organization Foundation Inc's tax-exempt status?
You can verify Caribbean Tourism Organization Foundation Inc's tax-exempt status using EIN 134008435 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Caribbean Tourism Organization Foundation Inc. demonstrates a generally stable financial position, with its latest filing (202312) showing revenue of $206,911 exceeding expenses of $165,655, resulting in a surplus. The organization has consistently maintained a healthy asset base, with $205,074 in assets and zero liabilities in its most recent report, indicating strong financial solvency. However, there has been a notable decrease in assets from a high of $391,684 in 201112 to the current $205,074, which warrants further investigation into the reasons for this decline.
Regarding spending efficiency, the organization's program spending ratio is excellent, with 90% of its expenses dedicated to programs in the 202312 period. This suggests a strong focus on its mission. Administrative and fundraising costs appear to be well-controlled. The consistent reporting of 0% officer compensation across all filings is a significant positive indicator of fiscal responsibility and a commitment to directing funds towards its charitable objectives. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical financial record.
Overall, while the asset decline over the past decade is a point to monitor, the Caribbean Tourism Organization Foundation Inc. appears to be a financially sound and efficient organization, effectively utilizing its resources for its stated programs, and demonstrating good transparency through its public filings and compensation practices.