Virgin Islands Game Fishing Club Inc
Nonprofit profile at a glance
- EIN
- 660760142
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- St Thomas, VI, USA
- Phone
- 3407759144
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $80,185
- Expenses
- $86,030
- Assets
- $244,027
- Liabilities
- $15,390
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- KELVIN BAILEY JR (PRESIDENT)
- KEVIN HADDOX (VICE-PRESIDENT)
People named in this filing
- KELVIN BAILEY JR (PRESIDENT)
- KEVIN HADDOX (VICE-PRESIDENT)
- COREY PUGH (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the sport of game fishing in the virgin islands
What it reported doing in 2024
Operation of local and international sport fishing tournaments
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 43
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.5%; rating input score 49
- Program expense ratio: 45.2%; rating input score 45
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 27th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: -7.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 2.84; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 15% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -3.3% per year; rating input score 0; 48th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 48.5% of revenue deployed · 45.2% of spending went to programs
- Governance: 8 of 9 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $39K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.