Civic Intelligence

The Christeen Oyster Sloop Preservation Corporation

EIN 11-3146648 • 501(c)3 • Oyster Bay, NY

Profile

Educational; Historic boat restoration.

PO Box 386Oyster Bay, NY 11771

www.idamayproject.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

22nd percentile

-22%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

15th percentile

-61%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-74%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$11,721

Down $17,992 (-61%) from 2023

Liabilities

Down

$473

Down $10,022 (-95%) from 2023

Net Assets

Down

$11,248

Down $7,970 (-41%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin22nd percentile

Revenue

Down

$36,465

Down $105,030 (-74%) from 2023

Expenses

Down

$44,435

Down $192,606 (-81%) from 2023

Net Income

Up

-$7,970

Up $87,576 (+92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $61,416Liabilities 2011: $2,0422011Assets 2012: $121,914Liabilities 2012: $1,575Net Assets 2012: $120,3392012Assets 2013: $112,153Liabilities 2013: $3,258Net Assets 2013: $108,8952013Assets 2014: $69,273Liabilities 2014: $550Net Assets 2014: $68,7232014Assets 2015: $33,871Liabilities 2015: $522Net Assets 2015: $33,3492015Assets 2016: $110,731Liabilities 2016: $535Net Assets 2016: $110,1962016Assets 2017: $94,265Liabilities 2017: $674Net Assets 2017: $93,5912017Assets 2018: $109,861Liabilities 2018: $536Net Assets 2018: $109,3252018Assets 2019: $57,639Liabilities 2019: $626Net Assets 2019: $57,0132019Assets 2020: $94,145Liabilities 2020: $507Net Assets 2020: $93,6382020Assets 2021: $126,970Liabilities 2021: $570Net Assets 2021: $126,4002021Assets 2022: $115,319Liabilities 2022: $555Net Assets 2022: $114,7642022Assets 2023: $29,713Liabilities 2023: $10,495Net Assets 2023: $19,2182023Assets 2024: $11,721Liabilities 2024: $473Net Assets 2024: $11,2482024

Highlighted filing

2024

Assets$11,721
Liabilities$473
Net Assets$11,248
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $51,590Expenses 2011: $123,819Net Income 2011: -$72,2292011Revenue 2012: $120,583Expenses 2012: $59,618Net Income 2012: $60,9652012Revenue 2013: $7,548Expenses 2013: $18,992Net Income 2013: -$11,4442013Revenue 2014: $16,604Expenses 2014: $56,776Net Income 2014: -$40,1722014Revenue 2015: $15,108Expenses 2015: $50,482Net Income 2015: -$35,3742015Revenue 2016: $143,271Expenses 2016: $66,424Net Income 2016: $76,8472016Revenue 2017: $109,222Expenses 2017: $125,827Net Income 2017: -$16,6052017Revenue 2018: $147,505Expenses 2018: $131,771Net Income 2018: $15,7342018Revenue 2019: $89,570Expenses 2019: $141,882Net Income 2019: -$52,3122019Revenue 2020: $122,977Expenses 2020: $86,352Net Income 2020: $36,6252020Revenue 2021: $99,969Expenses 2021: $67,207Net Income 2021: $32,7622021Revenue 2022: $227,368Expenses 2022: $239,004Net Income 2022: -$11,6362022Revenue 2023: $141,495Expenses 2023: $237,041Net Income 2023: -$95,5462023Revenue 2024: $36,465Expenses 2024: $44,435Net Income 2024: -$7,9702024

Highlighted filing

2024

Revenue$36,465
Expenses$44,435
Net Income-$7,970
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,721
Liabilities
$473
Net assets
$11,248
Revenue
$36,465
Expenses
$44,435
Net income
-$7,970
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.11$0.36$0.44$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.10$0.19$1.41$2.37$0.96
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.01$1.15$2.27$2.39$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$1.00$0.67$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.94$1.23$0.86$0.37
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$0.90$1.42$0.52
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.01$1.09$1.48$1.32$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.01$0.94$1.09$1.26$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.01$1.10$1.43$0.66$0.77
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.01$0.33$0.15$0.50$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.69$0.17$0.57$0.40
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.03$1.09$0.08$0.19$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.02$1.20$1.21$0.60$0.61
2011Summary only. Only limited summary data is available for this year.$0.61$0.02$0.52$1.24$0.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$36,465
Mission and Program Overview

Mission

Educational; Historic boat restoration.

Program Services

DescriptionGrantsExpenses
Continued the mission of the organization to preserve the tradition of wooden boat building and marine education in Oyster Bay. Our 11 year effort to build a replica of the historic oyster dredge Ida May came to fruition with her successful launching in 2023. We have completed the installation of the mechanical systems and safety gear, commissioned the engine and conducted successful sea trials. We completed stability testing with the Coast Guard and received certification for carrying 40 passengers. Formal documentation of the vessel and a radio license were obtained. In 2024 we completed the work necessary and received the Certificate of Inspection from the Coast Guard allowing Ida May to embark on her new mission as a "floating classroom" offering marine education for the public in Oyster Bay and on Long Island Sound. In addition, we began a project to repair Prohibition, a 1914 launch from Mobile Alabama, and we invited volunteers from the LI Maritime Museum in Saybrook to come laminate a new mast for their oyster sloop Priscilla, as they did not have a heated space for the work. These achievements are all puruant to our continuing mission to preserve the tradition of wooden boat building and marine education in Oyster Bay and Long Island NY.-$44,435
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George Lindsay JrPresident-$0--
John T Hoyt JrSecretary & Director-$0--
Bruce L LevinsonTreas & Director-$0--
Gregory DruhakDirector-$0--
William L ShephardDirector-$0--
Jamie DemingDirector-$0--
Eric KnutsenDirector-$0--
Anthony OrchardDirector-$0--
Douglas NemethDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Christeen Oyster Sloop Preservation
EIN
11-3146648
Phone
5163059204
Address
PO BOX 386, OYSTER BAY, NY 11771

Signing Officer

Name
John T Hoyt Jr
Title
Secretary
Signed
2025-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Anthony M Spota CPA
Address
53 East Main Street, Oyster Bay, NY 11771
Preparer
Anthony M Spota CPA
Phone
5169227755
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $3907”

Other Expenses.1

“Direct Project Costs $10170”

Other Expenses.2

“Supplies $3580”

Other Expenses.4

“Promotional and Fundraising $173”

Other Expenses.5

“State Fees $50”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $495 Accounts Payable and Accrued Expenses - Ending $473”

Total Liabilities.1

“Loan Payable - Beginning $10000 Loan Payable - Ending $0”

Statement Note 1

“The organization is also known as: IDA MAY RESTORATION FUND”

Raw XML Appendix199 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017880
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational; Historic boat restoration.
IRS990EZ/PrintingPublicationsPostageAmt0707
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Continued the mission of the organization to preserve the tradition of wooden boat building and marine education in Oyster Bay. Our 11 year effort to build a replica of the historic oyster dredge Ida May came to fruition with her successful launching in 2023. We have completed the installation of the mechanical systems and safety gear, commissioned the engine and conducted successful sea trials. We completed stability testing with the Coast Guard and received certification for carrying 40 passengers. Formal documentation of the vessel and a radio license were obtained. In 2024 we completed the work necessary and received the Certificate of Inspection from the Coast Guard allowing Ida May to embark on her new mission as a "floating classroom" offering marine education for the public in Oyster Bay and on Long Island Sound. In addition, we began a project to repair Prohibition, a 1914 launch from Mobile Alabama, and we invited volunteers from the LI Maritime Museum in Saybrook to come laminate a new mast for their oyster sloop Priscilla, as they did not have a heated space for the work. These achievements are all puruant to our continuing mission to preserve the tradition of wooden boat building and marine education in Oyster Bay and Long Island NY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $3907
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Loan Payable - Beginning $10000 Loan Payable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization is also known as: IDA MAY RESTORATION FUND
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Statement Note 1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0John T Hoyt Jr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CHRISTEEN OYSTER SLOOP PRESERVATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CHRI
ReturnHeader/Filer/EIN0113146648
ReturnHeader/Filer/PhoneNum05163059204
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 386
ReturnHeader/Filer/USAddress/CityNm0OYSTER BAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011771
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461906597
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anthony M Spota CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt053 East Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oyster Bay
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011771
ReturnHeader/PreparerPersonGrp/PhoneNum05169227755
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony M Spota CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-12T16:35:52-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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