Bahamas Hope Foundation Inc
- Assets
- $549.0k
- Revenue
- $5.9k
- Investments
- $0.0
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 27-1290322
Organization Overview
Bahamas Hope Foundation Inc is located in St Petersburg, FL. The organization was established in 2010. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bahamas Hope 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 12/2021, Bahamas Hope Foundation Inc generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (62.0%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP CHANNEL RESOURCES TO CRITICAL PROGRAMS AND INITIATIVES IN THE BAHAMAS WHICH ENHANCE THE TREATMENT AND CARE OF PERSONS BATTLING CANCER AND WHICH ADVANCE RESEARCH INTO THE CAUSE AND POSSIBLE CURE FOR CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP CHANNEL RESOURCES TO CRITICAL PROGRAMS AND INITIATIVES IN THE BAHAMAS WHICH ENHANCE THE TREATMENT AND CARE OF PERSONS BATTLING CANCER AND WHICH ADVANCE RESEARCH INTO THE CAUSE AND POSSIBLE CURE FOR CANCER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Brusselback Director | Trustee | 1 | $0 |
James H Clingham Jr Director | Trustee | 1 | $0 |
Brian Rafferty Director | Trustee | 1 | $0 |
Calvin Mitchell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,029 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,029 |
| Total Program Service Revenue | $0 |
| Investment income | $905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $51,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $215,875 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $333,097 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $548,972 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $548,972 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $548,972 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bahamas Hope Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Leon Levy Foundation New York, NY PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Breast Cancer Research Foundation Of Alabama Birmingham, AL | $358,646 | $1,553,993 |
Papanicolaou Corps For Cancer Research Inc Deerfield Beach, FL | $1,765,064 | $2,816,178 |
Royal Dames Of Cancer Research Inc Fort Lauderdale, FL | $1,001 | $416,094 |
Psa Check Inc Largo, FL | $766 | $265,000 |
Dr Joseph P D Angleo Foundation Miami, FL | $0 | $57,907 |
Ocala Royal Dames For Cancer Research Inc Ocala, FL | $476,446 | $218,232 |
Ba Cancer Foundation Of Alabama A Non-Profit Corporation Vestavia Hills, AL | $3,225 | $162,310 |
Pediatric Blood And Marrow Transplant Foundation Inc Tampa, FL | $133,225 | $0 |
Gathering Of Friends Inc Woodstock, GA | $15,318 | $0 |
Smiley For Kylie Inc Suwanee, GA | $19,409 | $0 |
Feel Beautiful Today Inc Roswell, GA | $167,577 | $0 |
Jed Ian Taxel Foundation For Rare Cancer Research Inc Highland Beach, FL | $287,845 | $362,689 |