OYSTER BAY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE CHRISTEEN OYSTER SLOOP PRESERVATION CORPORATION, founded in 1992, is a small nonprofit that reported $227K in total revenue in fiscal year 2022. Revenue surged 127% from the prior year, signaling strong growth momentum.
Educational; Historic boat restoration.
Continued the mission of the organization to preserve the tradition of wooden boat building in Oyster Bay. In 2022 we made progress on construction of the replica of the historic Oyster Dredge "Ida...
Continued the mission of the organization to preserve the tradition of wooden boat building in Oyster Bay. In 2022 we made progress on construction of the replica of the historic Oyster Dredge "Ida May" although progress was slowed due to due to the unavailability of the shipwright and mechanical engineer during the first two quarters. While we had hoped to launch in the summer, this target rightly had to be changed to launch after the winter. Despite the delays, good progress was made in the second half of the year. The mast and boom were completed, the engine installed, mechanical system installation was started and the frames were faired and ready for planking. The vessel was approximately 97% complete as of year-end.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $227,368 | $99,969 | +1.3% |
| Expenses | $239,004 | $67,207 | +2.6% |
| Net Income | $-11,636 | $32,762 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| George Lindsay Jr | President | 1.00 |
Director
|
$0 | $0 | $0 |
| John T Hoyt Jr | Secretary & Dir | 3.00 |
Director
|
$0 | $0 | $0 |
| Bruce L Levinson | Treas & Dir | 3.00 |
Director
|
$0 | $0 | $0 |
| Dagmar Fors Karppi | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gregory Druhak | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| William L Shephard | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jamie Deming | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Knutsen | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| George D Baker | V. Pres. & Dir. | 1.00 |
Director
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$0 | $0 | $0 |
| Anthony Orchard | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $227,368 | $239,004 | $115,319 | $-11,636 |
| 2018 | $147,505 | $131,771 | $109,861 | $15,734 |
Compare THE CHRISTEEN OYSTER SLOOP PRESERVATION CORPORATION with other nonprofits in New York and across the country.