Civic Intelligence

Fishers Island Conservancy Inc C/O Mr Thomas Sargent

990 • Fiscal year 2022 • EIN 11-2751434

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

PO Box 553Fishers Island, NY 06390

(631) 788-7378

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Net Margin

58th percentile

18%

Higher net margin than 58% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Asset Growth

32nd percentile

-3.7%

Faster asset growth than 32% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,385,221

Down $53,897 (-3.7%) from 2021

Net Assets

Down

$1,385,164

Down $53,931 (-3.7%) from 2021

Liabilities

Up

$57

Up $34 (+148%) from 2021

Revenue

Down

$289,541

Down $46,925 (-14%) from 2021

Expenses

Up

$237,746

Up $69,338 (+41%) from 2021

Net Income

Down

$51,795

Down $116,263 (-69%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $549,938Liabilities 2011: $0Net Assets 2011: $549,9382011Assets 2012: $636,665Liabilities 2012: $0Net Assets 2012: $636,6652012Assets 2013: $755,402Liabilities 2013: $0Net Assets 2013: $755,4022013Assets 2014: $877,885Liabilities 2014: $0Net Assets 2014: $877,8852014Assets 2015: $836,941Liabilities 2015: $0Net Assets 2015: $836,9412015Assets 2016: $936,667Liabilities 2016: $0Net Assets 2016: $936,6672016Assets 2017: $975,000Liabilities 2017: $0Net Assets 2017: $975,0002017Assets 2018: $913,335Liabilities 2018: $0Net Assets 2018: $913,3352018Assets 2019: $1,093,419Liabilities 2019: $0Net Assets 2019: $1,093,4192019Assets 2020: $1,082,703Liabilities 2020: $96Net Assets 2020: $1,082,6072020Assets 2021: $1,439,118Liabilities 2021: $23Net Assets 2021: $1,439,0952021Assets 2022: $1,385,221Liabilities 2022: $57Net Assets 2022: $1,385,1642022Assets 2023: $1,464,996Liabilities 2023: $737Net Assets 2023: $1,464,2592023Assets 2024: $1,568,917Liabilities 2024: $270Net Assets 2024: $1,568,6472024

Highlighted filing

2022

Assets$1,385,221
Liabilities$57
Net Assets$1,385,164

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $67,6052011Expenses 2012: $67,0462012Revenue 2013: $227,108Expenses 2013: $108,371Net Income 2013: $118,7372013Revenue 2014: $253,953Expenses 2014: $131,470Net Income 2014: $122,4832014Revenue 2015: $108,585Expenses 2015: $149,529Net Income 2015: -$40,9442015Revenue 2016: $168,980Expenses 2016: $164,434Net Income 2016: $4,5462016Revenue 2017: $170,346Expenses 2017: $201,761Net Income 2017: -$31,4152017Revenue 2018: $211,056Expenses 2018: $272,721Net Income 2018: -$61,6652018Revenue 2019: $432,781Expenses 2019: $252,697Net Income 2019: $180,0842019Revenue 2020: $189,712Expenses 2020: $200,524Net Income 2020: -$10,8122020Revenue 2021: $336,466Expenses 2021: $168,408Net Income 2021: $168,0582021Revenue 2022: $289,541Expenses 2022: $237,746Net Income 2022: $51,7952022Revenue 2023: $273,425Expenses 2023: $289,146Net Income 2023: -$15,7212023Revenue 2024: $225,047Expenses 2024: $275,124Net Income 2024: -$50,0772024

Highlighted filing

2022

Revenue$289,541
Expenses$237,746
Net Income$51,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$322,654
Mission and Program Overview

Mission

Preservation of fishers island environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,188,096$1,024,137▼ $163,959
Cash and Non-Interest-Bearing Accounts$197,496$228,490▲ $30,994
Savings and Temporary Cash Investments$49,902$132,116▲ $82,214
Land, Buildings, and Equipment, Net$3,624$478▼ $3,146
Total Assets$1,439,118$1,385,221▼ $53,897
Liabilities
Accounts Payable and Accrued Expenses$23$57▲ $34
Total Liabilities$23$57▲ $34
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,439,095$1,385,164▼ $53,931
Total Net Assets Fund Balance$1,439,095$1,385,164▼ $53,931
Total Liabilities and Net Assets / Fund Balance$1,439,118$1,385,221▼ $53,897

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$478$28,432$28,910
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom SargentPresident
Andrew AhrensDirector
Betty Ann RubinowDirector
Bronya ShilloDirector
Christabel VartanianDirector
Dianne CraryDirector
Don BeckDirector
Emmy HobsonDirector
Geb CookDirector
Joe HendersonDirector
Marina CaillaudDirector
Reynolds DupontDirector
Tom SiebensDirector
Laurie MarshallSecretary
Ben StrongTreasurer
Jane HarveyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$199,383
Program Service Revenue
$0
Investment Income
$28,046
Other Revenue
$62,112
All Other Contributions
$199,383
Change in Net Assets
$51,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,311
Salaries, Compensation, and Employee Benefits$77,054
Grants and Similar Amounts Paid$2,381
Total Fundraising Expense$360
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,697$5,626-$70,323
All Other Expenses$31,295$9,540$360$41,195
Fees for Service Investment Mgmnt Fees-$11,687-$11,687
Other Expenses$20,273$10,841-$10,841
Payroll Taxes$6,193$538-$6,731
Fees for Services Accounting-$3,462-$3,462
Depreciation Depletion$2,787$359-$3,146
Occupancy-$2,500-$2,500
Grants to Domestic Orgs$2,381--$2,381
Office Expenses$592$929-$1,521
Total Functional Expenses$191,904$45,482$360$237,746
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$95,225
Fundraising Direct Expenses$33,113
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sunset on the B$95,225$95,225$33,113$62,112
Total Events$95,225$95,225$33,113$62,112
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Preliminary draft of return submitted to governing body for review before filing

Form 990, Page 6, Part VI, Line 19

The organization has all these documents available upon verbal or written request.

Filing and Contact Details

Filer

Filer Name
Fishers Island Conservancy Inc
EIN
11-2751434
Phone
6317887378
Address
PO BOX 553, FISHERS ISLAND, NY 06390

Signing Officer

Name
Tom Sargent
Title
President
Phone
6317885609
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Sargent
Formed
1985
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
9
Volunteers
20

Preparer

Firm
Ed Lorah & Associates LLC
Address
49 BOSTON POST RD, WATERFORD, CT 06385
Preparer
Alan R Lyon
Phone
8604421999
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Insurance 5,326 5,326 0 community initiatives 7,033 0 0 environment program exp 6,043 0 0 photo contest expense 6,016 0 0 coastal studies 4,493 0 0 paypal fees & bank charge 0 2,408 0 truck expense 2,384 0 0 utilities 0 1,806 0 annual appeal expenses 0 0 360 total 31,295 9,540 360

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IRS990/NoncashContributionsAmt07621
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02500
IRS990/OccupancyGrp/TotalAmt02500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0929
IRS990/OfficeExpensesGrp/ProgramServicesAmt0592
IRS990/OfficeExpensesGrp/TotalAmt01521
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FERRY PARK
IRS990/OtherExpensesGrp/Desc1REMOVAL OF INVASIVES
IRS990/OtherExpensesGrp/Desc2HABITAT INITIATIVES
IRS990/OtherExpensesGrp/Desc3IT CONSULTING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010841
IRS990/OtherExpensesGrp/ProgramServicesAmt039364
IRS990/OtherExpensesGrp/ProgramServicesAmt124322
IRS990/OtherExpensesGrp/ProgramServicesAmt220273
IRS990/OtherExpensesGrp/TotalAmt039364
IRS990/OtherExpensesGrp/TotalAmt124322
IRS990/OtherExpensesGrp/TotalAmt220273
IRS990/OtherExpensesGrp/TotalAmt310841
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05626
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064697
IRS990/OtherSalariesAndWagesGrp/TotalAmt070323
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0538
IRS990/PayrollTaxesGrp/ProgramServicesAmt06193
IRS990/PayrollTaxesGrp/TotalAmt06731
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TOM SARGENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0COASTAL STUDIES INITIATIVE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04493
IRS990/ProgSrvcAccomActy3Grp/Desc0BEACH CLEAN-UP, MOSQUITO CONTROL AND FERAL CAT MANAGEMENT
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030770
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0254376
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt051937
IRS990/PYOtherExpensesAmt091690
IRS990/PYOtherRevenueAmt030153
IRS990/PYRevenuesLessExpensesAmt0168058
IRS990/PYSalariesCompEmpBnftPaidAmt071718
IRS990/PYTotalExpensesAmt0168408
IRS990/PYTotalRevenueAmt0336466
IRS990/ReconcilationRevenueExpnssAmt051795
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049902
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0132116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0199383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0254376
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0162505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0182233
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0178249
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0976746
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033831
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030093
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt033740
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt033196
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0163048
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0123271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0114012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt027315
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0286454
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt032713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0583765
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033831
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030093
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt033740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt033196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0163048
IRS990ScheduleA/InvestmentIncomeCYPct00.09000
IRS990ScheduleA/InvestmentIncomePYPct00.09000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90540
IRS990ScheduleA/PublicSupportPY509Pct00.90690
IRS990ScheduleA/PublicSupportTotal509Amt01560511
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0322654
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0368388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0189820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0468687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0210962
IRS990ScheduleA/Total509Grp/TotalAmt01560511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0356485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0400576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0219913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0502427
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0244158
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01723559
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0478
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028432
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028910
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0478
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033113
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUNSET ON THE B
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt095225
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt095225
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt095225
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt095225
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt062112
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt033113
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt033113
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRELIMINARY DRAFT OF RETURN SUBMITTED TO GOVERNING BODY FOR REVIEW BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ALL THESE DOCUMENTS AVAILABLE UPON VERBAL OR WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 5,326 5,326 0 COMMUNITY INITIATIVES 7,033 0 0 ENVIRONMENT PROGRAM EXP 6,043 0 0 PHOTO CONTEST EXPENSE 6,016 0 0 COASTAL STUDIES 4,493 0 0 PAYPAL FEES & BANK CHARGE 0 2,408 0 TRUCK EXPENSE 2,384 0 0 UTILITIES 0 1,806 0 ANNUAL APPEAL EXPENSES 0 0 360 TOTAL 31,295 9,540 360
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01439118
IRS990/TotalAssetsEOYAmt01385221
IRS990/TotalAssetsGrp/BOYAmt01439118
IRS990/TotalAssetsGrp/EOYAmt01385221
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0199383
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0360
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045482
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0191904
IRS990/TotalFunctionalExpensesGrp/TotalAmt0237746
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.00$1.57$0.23$0.28$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.27$0.29$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.29$0.24$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$0.34$0.17$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.19$0.20$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.43$0.25$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.00$0.91$0.21$0.27$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.00$0.98$0.17$0.20$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.94$0.17$0.16$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.11$0.15$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.25$0.13$0.12
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.76$0.00$0.76$0.23$0.11$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$0.07