VINEYARD HAVEN, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ISLAND GROWN INITIATIVE LTD, founded in 2006, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $6.1M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $2.2M, a strong 36% operating margin.
ISLAND GROWN INITIATIVE (IGI) IS A NONPROFIT THAT WORKS TO BUILD A REGENERATIVE AND EQUITABLE FOOD SYSTEM ON MARTHAS VINEYARD. WE ENVISION AN ISLAND FOOD SYSTEM THAT STRENGTHENS THE RELATIONSHIP BETWEEN PEOPLE AND THE LAND AND SEA, PROMOTES A RESILIENT ECOSYSTEM, AND ENSURES THAT ALL PEOPLE HAVE THE KNOWLEDGE, SKILLS, AND RESOURCES THEY NEED TO GROW, ACCESS, AND PREPARE NOURISHING FOOD. FOUNDED IN 2006, IGI IS NOW DEEPLY EMBEDDED IN OUR ISLAND CULTURE AND COMMUNITY. WE PROVIDE FOOD ACCESS TO 1 IN 5 YEAR-ROUND ISLANDERS EACH YEAR THROUGH OUR ISLAND FOOD PANTRY, EDUCATE ALL ISLAND CHILDREN AGES 2-18 ABOUT FOOD IN OUR SCHOOLS, AND PRODUCE ABUNDANT FOOD TO HELP MEET LOCAL FOOD NEEDS USING REGENERATIVE FARMING METHODS AT OUR 40 ACRE FARM. WE ALSO WORK WITH MANY PARTNERS TO MOVE THE OVERALL ISLAND FOOD SYSTEM--GROWING, SOURCING, PREPARING, AND DISTRIBUTING FOOD--IN A REGENERATIVE AND EQUITABLE DIRECTION.
MAJOR PROGRAMS INCLUDE: COMMUNITY FOOD EDUCATION: ISLAND GROWN SCHOOLS OPERATES EDUCATIONAL PROGRAMS FROM PRESCHOOL TO K-12 AND SUPPORTS SCHOOL GARDENS WHERE CHILDREN RECEIVE HANDS-ON TRAINING. THERE...
MAJOR PROGRAMS INCLUDE: COMMUNITY FOOD EDUCATION: ISLAND GROWN SCHOOLS OPERATES EDUCATIONAL PROGRAMS FROM PRESCHOOL TO K-12 AND SUPPORTS SCHOOL GARDENS WHERE CHILDREN RECEIVE HANDS-ON TRAINING. THERE ARE ALSO REGENERATIVE EDUCATIONAL PROGRAMS FOR BACKYARD GROWERS AND LOCAL GARDENERS. FOOD WASTE REDUCTION & RECOVER: THE GOAL IS TO REDUCE FOOD WASTE THROUGH CONSUMER EDUCATION CAMPAIGNS, RECOVERY FROM LOCAL GROCERY STORES, AND GLEANING CROPS THAT REMAIN IN THE FIELDS POST HARVEST. IT OPERATES AN IN- VESSEL COMPOSTING DRUM THAT PROCESSES FOOD WASTE PLUS CARBON MATERIALS INTO NUTRIENT RICH COMPOST THAT IS USED TO ENHANCE LOCAL SOILS. THE FARM HUB: A 40 ACRE FARM DEDICATED TO REGENERATIVE AGRICULTURAL PRACTICES, AND INCLUDES THE OPERATION OF A 33,000 SQUARE-FOOT GREENHOUSE THAT HOUSES A HYDROPONIC OPERATION AND SOIL BEDS FOR YEAR ROUND PRODUCTION. THERE IS ALSO A COMMUNITY GARDEN, ORCHARD, AND LAND THAT IS LICENSED TO OTHER LOCAL FARMERS. FOOD EQUITY: IGI OPERATES THE ISLAND FOOD PANTRY THAT HAS 4,200 REGISTERED CLIENTS. IT ALSO PRODUCES HEALTHY, NUTRITIOUS STEWS, SOUPS AND MEALS WHICH ARE FROZEN AND DISTRIBUTED AROUND THE ISLAND TO THOSE WITH LIMITED ACCESS TO TRANSPORTATION OR COOKING FACILITIES. THEY OPERATE A SUMMER LUNCH PROGRAM TO FEED CHILDREN AND THEIR FAMILIES DURING THE SCHOOL VACATION. THERE IS A MOBILE FARMERS MARKET THAT BRINGS FRESH PRODUCE TO LOW INCOME COMMUNITIES AROUND THE ISLAND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,128,179 | $7,074,716 | -0.1% |
| Expenses | $3,925,329 | $3,093,905 | +0.3% |
| Net Income | $2,202,850 | $3,980,811 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHELLE GITTLEN | CO-EXECUTIVE | 40.00 |
Officer
|
$117,167 | $0 | $117,167 |
| TAYLOR ELEANORE | CO-EXECUTIVE | 40.00 |
Officer
|
$86,750 | $3,609 | $90,359 |
| REBECCA HAAG | EXECUTIVE DI | 40.00 |
Officer
|
$26,897 | $755 | $27,652 |
| GAIL ARNOLD | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLAUDIA EWING | VICE-CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK CHUNG | CLERK | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE SCHLAGETER | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG BARTON | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| KAREN BRUSH | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ALLEN CARNEY | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ROSEMARY CHALK | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ELISA COHEN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MARY DEFREITAS | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| CHERYL FINLEY | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MARY KENWORTH | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MARK LUTHRINGSHAUSER | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER RANDOLPH | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| MITCH RUBIN | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ELIO SILVA | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JULI VANDERHOOP | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| STEVE WARNER | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $6,128,179 | $3,925,329 | $19,770,767 | $2,202,850 |
| 2023 | $7,074,716 | $3,093,905 | $16,142,198 | $3,980,811 |
| 2022 | $6,097,130 | $2,949,687 | $11,982,316 | $3,147,443 |
| 2021 | $3,594,169 | $2,444,626 | $8,457,052 | $1,149,543 |
| 2020 | $2,220,519 | $1,830,862 | $5,603,919 | $389,657 |
| 2019 | $1,717,292 | $1,517,120 | $5,192,966 | $200,172 |
| 2018 | $1,407,063 | $1,408,375 | $5,073,067 | $-1,312 |
Compare ISLAND GROWN INITIATIVE LTD with other nonprofits in Massachusetts and across the country.