Star Island Permanent Trust Fund (EIN 046869408) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

David Yermack

Phone

6034306272

Tax Period

2025-01-01 to 2025-12-31

Star Island Permanent Trust Fund, founded in 1998, is a small nonprofit in the Religion sector that reported $734K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $427K, a strong 58% operating margin.

Mission

To hold and manage endowment assets for the Star Island Corp., a 501(c)(3) organization.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $144,526

Program Service Revenue $0

Investment Income $589,752

Other Revenue $0

TOTAL REVENUE $734,278

Expense Breakdown

Grants Paid $260,085

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $260,085

Other Expenses $47,354

TOTAL EXPENSES $307,439

Year-over-Year Comparison

	2025	2024	Change
Revenue	$734,278	$630,848	+0.2%
Expenses	$307,439	$330,170	-0.1%
Net Income	$426,839	$300,678	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Yermack	Chairman	0.30	Officer Director	$0	$0	$0
Elizabeth Erickson	Trustee	0.20	Director	$0	$0	$0
Edmund Jones	Trustee	0.20	Director	$0	$0	$0
Kathy Lord	Trustee	0.20	Director	$0	$0	$0
Bill Peterson	Trustee	0.20	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$734,278	$307,439	$6,093,155	$426,839
2024	$630,848	$330,170	$5,891,735	$300,678
2023	$476,679	$256,346	$5,476,202	$220,333
2022	$319,697	$253,903	$4,996,511	$65,794
2021	$775,292	$251,034	$5,654,228	$524,258
2020	$296,118	$231,347	$4,907,077	$64,771
2019	$265,336	$223,126	$4,663,674	$42,210
2018	$299,079	$215,925	$4,106,858	$83,154

Star Island Permanent Trust Fund