Civic Intelligence

Island Health Project Inc

EIN 23-7391122 • 501(c)3 • Fishers Island, NY

Profile

The purpose of the organization is to support the provision of quality health care to the residents of fishers island, new york.

PO Box 344Fishers Island, NY 06390

islandhealthproject.com

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

45th percentile

5.1%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$11,732,000

Up $1,519,680 (+15%) from 2023

Liabilities

Up

$34,186

Up $8,498 (+33%) from 2023

Net Assets

Up

$11,697,814

Up $1,511,182 (+15%) from 2023

Revenue

Up

$1,083,442

Up $89,378 (+9.0%) from 2023

Expenses

Down

$617,791

Down $28,636 (-4.4%) from 2023

Net Income

Up

$465,651

Up $118,014 (+34%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $5,450,702Liabilities 2012: $7,150Net Assets 2012: $5,443,5522012Assets 2013: $5,837,451Liabilities 2013: $6,568Net Assets 2013: $5,830,8832013Assets 2014: $6,014,260Liabilities 2014: $988Net Assets 2014: $6,013,2722014Assets 2015: $5,832,461Liabilities 2015: $1,645Net Assets 2015: $5,830,8162015Assets 2016: $6,249,726Liabilities 2016: $1,968Net Assets 2016: $6,247,7582016Assets 2017: $6,940,130Liabilities 2017: $876Net Assets 2017: $6,939,2542017Assets 2018: $6,737,199Liabilities 2018: $365Net Assets 2018: $6,736,8342018Assets 2019: $7,774,996Liabilities 2019: $1,881Net Assets 2019: $7,773,1152019Assets 2020: $8,481,603Liabilities 2020: $3,403Net Assets 2020: $8,478,2002020Assets 2021: $9,778,284Liabilities 2021: $28,661Net Assets 2021: $9,749,6232021Assets 2022: $8,874,757Liabilities 2022: $39,102Net Assets 2022: $8,835,6552022Assets 2023: $10,212,320Liabilities 2023: $25,688Net Assets 2023: $10,186,6322023Assets 2024: $11,732,000Liabilities 2024: $34,186Net Assets 2024: $11,697,8142024

Highlighted filing

2024

Assets$11,732,000
Liabilities$34,186
Net Assets$11,697,814

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2012: $449,6282012Revenue 2013: $537,272Expenses 2013: $418,081Net Income 2013: $119,1912013Revenue 2014: $558,867Expenses 2014: $420,488Net Income 2014: $138,3792014Revenue 2015: $605,399Expenses 2015: $421,692Net Income 2015: $183,7072015Revenue 2016: $785,184Expenses 2016: $461,613Net Income 2016: $323,5712016Revenue 2017: $644,959Expenses 2017: $510,840Net Income 2017: $134,1192017Revenue 2018: $755,604Expenses 2018: $510,600Net Income 2018: $245,0042018Revenue 2019: $749,617Expenses 2019: $531,922Net Income 2019: $217,6952019Revenue 2020: $919,351Expenses 2020: $651,204Net Income 2020: $268,1472020Revenue 2021: $1,082,105Expenses 2021: $607,525Net Income 2021: $474,5802021Revenue 2022: $981,317Expenses 2022: $638,569Net Income 2022: $342,7482022Revenue 2023: $994,064Expenses 2023: $646,427Net Income 2023: $347,6372023Revenue 2024: $1,083,442Expenses 2024: $617,791Net Income 2024: $465,6512024

Highlighted filing

2024

Revenue$1,083,442
Expenses$617,791
Net Income$465,651

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.0
Gross Receipts
$1,152,805
Mission and Program Overview

Mission

The purpose of the organization is to support the provision of quality health care to the residents of fishers island, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,356,839$9,798,128▲ $1,441,289
Land, Buildings, and Equipment, Net$1,526,206$1,509,814▼ $16,392
Cash and Non-Interest-Bearing Accounts$326,933$317,132▼ $9,801
Prepaid Expenses and Deferred Charges$2,342$17,323▲ $14,981
Total Assets$10,212,320$11,732,000▲ $1,519,680
Other Assets Total-$89,603-
Liabilities
Accounts Payable and Accrued Expenses$25,688$34,186▲ $8,498
Total Liabilities$25,688$34,186▲ $8,498
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,110,041$11,621,223▲ $1,511,182
Net Assets With Donor Restrictions$76,591$76,591→ $0
Total Net Assets Fund Balance$10,186,632$11,697,814▲ $1,511,182
Total Liabilities and Net Assets / Fund Balance$10,212,320$11,732,000▲ $1,519,680

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,086,908$1,075,111$2,162,019
Land$406,297-$406,297
Equipment$16,609$79,783$96,392
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diane M BakerPresident
Carol BlondelDirector
Isabel PhillipsDirector
Katie HarrisDirector
Leslie GossDirector
Leslie HayesDirector
Malcolm MillerDirector
Sara McleanDirector
Sarah RoseDirector
Susie FergusonDirector
William ColmanDirector
William FiskeDirector
Richard MillerChief Inv of
Dianna ShilloNonvoting-di
Horace I Crary JrTreasurer
Maisie PollardVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$857,055
Program Service Revenue
$5,000
Investment Income
$214,497
Other Revenue
$6,890
All Other Contributions
$714,775
Change in Net Assets
$465,651

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$81,260Fair Value
Total Noncash Contributions5$81,260-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,083,442
Revenue Not Reported on Form 990
$1,045,531
Total Revenue per Audited Statements
$2,128,973
Total Revenue per Form 990
$1,083,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$462,008
Other Expenses$155,783
Total Fundraising Expense$1,033
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$462,008--$462,008
Depreciation Depletion$56,652--$56,652
Insurance$33,357$953-$34,310
Occupancy$33,262--$33,262
Fees for Services Accounting-$10,475-$10,475
Office Expenses$3,804--$3,804
Advertising-$3,398-$3,398
Other Expenses$2,000$508-$2,000
All Other Expenses--$1,033$1,033
Fees for Services Legal-$196-$196
Total Functional Expenses$601,228$15,530$1,033$617,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$617,791
Total Expenses per Audited Statements$617,791
Total Expenses per Form 990$617,791
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northeast Medical GroupFishers Island, NY-Support Medical Need$325,008
Fishers Island Medical Services PcFishers Island, NY-Support Medical Need$137,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,253
Fundraising Direct Expenses$69,363
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$198,404$56,124$69,363$-13,239
Hay Harbour$20,129$20,129-$20,129
Total Events$218,533$76,253$69,363$6,890
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 2

Di shillo z & s contracting husband's business

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

The 990 filing is reviewed by the treasurer, president and certain board members.

Form 990, Page 6, Part VI, Line 12C

ANNUAL DISCLOSURE

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Form 990, Part VII

Some listed positions are non voting

Filing and Contact Details

Filer

Filer Name
Island Health Project Inc
EIN
23-7391122
Phone
6317887244
Address
PO BOX 344, FISHERS ISLAND, NY 06390

Signing Officer

Name
Horace I Crary Jr
Title
Treasurer
Phone
6317887244
Signed
2025-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane M Baker
Formed
1974
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
12

Preparer

Firm
Mystic Accounting Group Llp
Address
PO BOX 397, MYSTIC, CT 06355
Preparer
Nanette a Bancroft CPA
Phone
8605361040
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The project has adopted the provisions of fasb, accounting standards codification 740, income taxes. Asc 740 requires that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The project does not believe its financial statements include, or reflect, any uncertain tax positions.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT HAS ADOPTED THE PROVISIONS OF FASB, ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES. ASC 740 REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE PROJECT DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT MEDICAL NEED
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT MEDICAL NEED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FISHERS ISLAND MEDICAL SERVICES PC
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1370 CENTRAL AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FISHERS ISLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FISHERS ISLAND
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0OBTAIN CERTAIN FINANCIAL REPORTS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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