Bahamas Education Culture And Science Foundation Inc
- Assets
- $1.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Punta Gorda, FL
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 20-0419036
Organization Overview
Bahamas Education Culture And Science Foundation Inc is located in Punta Gorda, FL. The organization was established in 2004. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bahamas Education Culture And Science Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bahamas Education Culture And Science Foundation Inc generated $69.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $144.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES FOR WHICH THIS CORPORATION WAS FORMED IS TO OPERATE FOR THE ADVANCEMENT OF EDUCATION, RESEARCH AND ARTISTIC EXPRESSION, AND FOR OTHER CHARITABLE PURPOSES BY THE DISTRIBUTION OF ITS FUNDS FOR THOSE PURPOSES, AND PARTICULARLY FOR SUPPORT OF HIGHER EDUCATION AND ACADEMIC PROGRAMS, SCIENTIFIC AND AND ENVIRONMENTAL RESEARCH PROJECTS, LECTURE SERIES AND CULTURAL EXCHANGES.
Describe the Organization's Program Activity:
Part 3
TO SET UP A LEARNING CENTER
OTHER EDUCATION PURPOSES
STUDENT SCHOLARSHIPS
SCHOLARSHIP GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Gerace Weeks President | 15 | $0 | |
Kathy Gerace Secretary Tr | 25 | $0 | |
Julie Anne Gerace Director | 3 | $0 | |
Henry Givens Director | 3 | $0 | |
Frank Minaya Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $69,773 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $296 |
| Total expenses | $144,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,792 |
| Other assets | $0 |
| Total assets | $1,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,792 |