Bahama Family Island Promotion Board
Nonprofit profile at a glance
- EIN
- 591881976
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Plantation, FL, USA
- Phone
- 8006884752
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $2,072,502
- Expenses
- $1,968,948
- Assets
- $783,543
- Liabilities
- $272,563
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- CARL ROLLE (VICE PRESIDENT)
- CHERYL BASTIAN (PAST PRESIDENT)
- EMMANUEL ALEXIOU (PRESIDENT)
- KERRY FOUNTAIN (EXECUTIVE DIRECTOR)
Highest reported compensation
- KERRY FOUNTAIN (EXECUTIVE DIRECTOR): $103,691 total reported compensation
- SHAVONNE DARVILLE (CHIEF FINANCIAL OFFICER): $82,952 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ongoing marketing and promotion of the destination of the out islands and the bahamas and the bahamas out island promotion board 50 member hotels - this is about 85% of the time and monies spent through the organization.a. Levys are collected by member hotels and pooled with ministry of tourism subsidies for the marketing and promotion of: 1. The individual islands (andros, abaco, exuma, eleuthera, bimini, cat island, acklins, long island) and the hotel members on those islands through using the following mediums: a. Internetb. Print advertisingc. Trade showsd. Direct mail, television/radiof. And other relevant mediums and partnerships.
What it reported doing in 2024
The goal of this organization is to increase occupancy and average daily rate of its member hotels. During this tough economic environment the organization successfully remained solvent and successfully promoted the bahamas out islands while tourism significantly declined worldwide.
Operating model
- Revenue model
- Membership-supported. 78% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 67
- Accountability: 92
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Limited
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 81%; rating input score 81; 22nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.2%; rating input score 95; 25th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3.2% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -6.5% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 20 of 21 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $104K · 22 people listed
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.