Abaco Rescue Fund Non-Profit Corporation

What it reported doing in 2024

Following Hurricane Dorian's devastation in the Abaco region of the Bahamas, ARF responded immediately by providing emergency transportation services. We organized dozens of relief flights, evacuating hundreds of individuals-primarily families with young children-from the disaster zone. Once the initial crisis subsided, ARF shifted its focus to securing temporary housing in the United States for evacuees, supporting them for as long as their visas permitted. Our efforts then expanded to clearing land, assessing the condition of surviving homes, and ultimately assisting with reroofing, rebuilding community centers, and reconstructing homes that were completely destroyed. Our mission is to support victims of Hurricane Dorian in Abaco by ensuring their safety and well-being through emergency and tactical relief. This includes: . Rent deposits . School tuition . Humanitarian aid such as clothing, furniture, food, water, shoes, school supplies, bicycles, toys, and gift cards We work to secure safe housing for those whose homes were affected, providing: . Home repairs . Mold remediation . Complete home rebuilds . Reroofing . Generators . Building materials for residents, schools, churches, and community parks In addition, ARF offers practical, medical, emotional, and spiritual trauma support to help facilitate the recovery process. We bring communities together by hosting events featuring celebrations, meals, beverages, music, donation distributions, and special guest appearances. To date, we have donated over 100 bicycles, more than 100 stuffed stockings and children's Bibles, over 1,000 textbooks and workbooks, clothing, more than 500 pairs of shoes, warm meals, and-most importantly-a great deal of love at these events. In 2024, building on our experiences in Abaco, ARF consulted with agencies in Thailand and the Philippines to share best practices for disaster relief. That same year, ARF also participated in providing relief aid in North Carolina following Hurricane Helene.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 99.8%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: Scored; rating input score 0
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -28.3%; rating input score 10; 10th percentile among comparable filings
• Total-asset coverage ratio: 0.52; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: -20.2% per year; rating input score 0; 6th percentile among comparable filings
• Revenue growth: -38.3% per year; rating input score 0; 1st percentile among comparable filings
• Asset growth: -44.1% per year; rating input score 0; 1st percentile among comparable filings