Island Caribbean Hurricane Relief Fund Inc
Nonprofit profile at a glance
- EIN
- 822858092
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2017, Form 990-EZ 2020
- Location
- Greenville, SC, USA
- Phone
- 8645521900
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Disaster Preparedness and Relief Services
Reported finances
- Revenue
- $34
- Expenses
- $59,643
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- ANDREW FARKAS (CHAIR)
- MARK LANDE (VICE CHAIR)
- THOMAS MUKAMAL (VICE CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide financial assistance and referrals to available resources or services to individuals and small businesses who are victims of disasters, of other emergency hardships, or who are needy or otherwise distressed; to plan, coordinate, and financially support activities that provide opportunities for the general public to assist in the reclamation, reconstruction, or redevelopment of distressed areas as a result of disasters or emergency hardships, and to conduct any other activity incidental to or connected with the foregoing.
What it reported doing in 2020
The organization provided funds to support various charitable initiatives in the caribbean including mental health services, at-risk youth, social services, etc.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.8%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -175,320.6%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -66.7% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -66.7% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.