Caribbean Tourism Organization Foundation Inc
Caribbean Tourism Organization Foundation maintains strong program spending with zero officer compensation despite asset decline.
EIN: 134008435 · South Orange, NJ · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $166K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $57,658 |
| Net Assets | $205K |
| Transparency Score | 85/100 |
Is Caribbean Tourism Organization Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caribbean Tourism Organization Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caribbean Tourism Organization Foundation Inc
Caribbean Tourism Organization Foundation Inc (EIN: 134008435) is a nonprofit organization based in South Orange, NJ, classified under NTEE code B82. The organization reported total revenue of $207K and total assets of $205K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caribbean Tourism Organization Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caribbean Tourism Organization Foundation Inc is a small nonprofit that has been operating for 27 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $166K |
| Surplus / Deficit | +$41K |
| Total Assets | $205K |
| Net Assets | $205K |
| Operating Margin | 19.9% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Caribbean Tourism Organization Foundation Inc reported a surplus of $41K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2023), Caribbean Tourism Organization Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.9% | +44.4% | -46.7% |
| 2017 | +4.7% | -1.9% | +6.3% |
| 2016 | +36.0% | +16.1% | +0.5% |
| 2015 | -17.0% | +84.1% | -5.9% |
| 2014 | +15.2% | -51.6% | +24.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caribbean Tourism Organization Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Caribbean Tourism Organization Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly commendable for an organization of its size with revenues ranging from $57,658 to $206,911.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Caribbean Tourism Organization Foundation Inc's IRS 990 filings:
- Significant decline in total assets from $391,684 in 201112 to $205,074 in 202312.
Strengths
The following positive indicators were identified for Caribbean Tourism Organization Foundation Inc:
- 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.
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) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Caribbean Tourism Organization Foundation Inc spend its money?
Caribbean Tourism Organization Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caribbean Tourism Organization Foundation Inc tax-deductible?
Caribbean Tourism Organization Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134008435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Caribbean Tourism Organization Foundation Inc CEO make?
Caribbean Tourism Organization Foundation Inc's highest-compensated officer earns $57,658 annually. The organization reported $207K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Caribbean Tourism Organization Foundation Inc's spending goes to programs?
Caribbean Tourism Organization Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caribbean Tourism Organization Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Caribbean Tourism Organization Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Caribbean Tourism Organization Foundation Inc located?
Caribbean Tourism Organization Foundation Inc is headquartered in South Orange, New Jersey and files with the IRS under EIN 134008435. It is classified under NTEE code B82.
How many years of IRS 990 filings does Caribbean Tourism Organization Foundation Inc have?
Caribbean Tourism Organization Foundation Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $207K in total revenue.
Is Caribbean Tourism Organization Foundation Inc. financially stable?
Yes, the organization appears financially stable, with its latest filing (202312) showing a revenue surplus ($206,911 revenue vs. $165,655 expenses) and zero liabilities, indicating strong solvency.
How much of its spending goes to programs?
In its latest filing (202312), approximately 90% of its expenses ($149,090 out of $165,655) were allocated to program services, demonstrating a strong commitment to its mission.
Has the organization's asset base changed significantly?
Yes, the organization's assets have decreased from a high of $391,684 in 201112 to $205,074 in 202312, a decline that warrants further inquiry.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all periods, indicating that officers are not compensated by the organization.
Filing History
IRS 990 filing history for Caribbean Tourism Organization Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Caribbean Tourism Organization Foundation Inc's revenue has grown by 9.9%, moving from $188K to $207K. Total assets decreased by 47.6% over the same period, from $392K to $205K. Total functional expenses fell by 13.2%, from $191K to $166K. In its most recent filing year (2023), Caribbean Tourism Organization Foundation Inc reported a surplus of $41K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $166K | $205K | $0 | — | View 990 |
| 2017 | $124K | $115K | $384K | $167K | — | View 990 |
| 2016 | $118K | $117K | $362K | $153K | — | View 990 |
| 2015 | $87K | $101K | $360K | $153K | — | View 990 |
| 2014 | $105K | $55K | $382K | $160K | — | View 990 |
| 2013 | $91K | $113K | $308K | $136K | — | View 990 |
| 2012 | $58K | $128K | $326K | $132K | — | View 990 |
| 2011 | $188K | $191K | $392K | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $166K, and assets of $205K (revenue +66.9% year-over-year).
- 2017: Revenue of $124K, expenses of $115K, and assets of $384K (revenue +4.7% year-over-year).
- 2016: Revenue of $118K, expenses of $117K, and assets of $362K (revenue +36.0% year-over-year).
- 2015: Revenue of $87K, expenses of $101K, and assets of $360K (revenue -17.0% year-over-year).
- 2014: Revenue of $105K, expenses of $55K, and assets of $382K (revenue +15.2% year-over-year).
- 2013: Revenue of $91K, expenses of $113K, and assets of $308K (revenue +57.9% year-over-year).
- 2012: Revenue of $58K, expenses of $128K, and assets of $326K (revenue -69.4% year-over-year).
- 2011: Revenue of $188K, expenses of $191K, and assets of $392K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caribbean Tourism Organization Foundation Inc:
Data Sources and Methodology
This transparency report for Caribbean Tourism Organization Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.