ISLAND NURSING HOME INC

EIN: 510172239 501(c)(3) Health Care

Deer Isle, ME

Total Revenue
$-130,603
Total Expenses
$403,992
Total Assets
$2,957,307
Net Assets
$2,898,631
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
ME
Principal Officer
Deborah Adkins
Phone
2073486511
Tax Period
2024-07-01 to 2025-06-30

ISLAND NURSING HOME INC, founded in 1975, is a micro nonprofit in the Health Care sector that reported $131K in total revenue in fiscal year 2024. Revenue fell 168% from the prior year — a significant decline worth monitoring.

Mission

RENOVATION OF EXISTING CHARITABLE FACILITIES AND RESOURCES TO PROVIDE AFFORDABLE HOUSING OPTIONS FOR RESIDENTS IN NEED, WITH PARTICULAR FOCUS ON SENIORS, ESSENTIAL WORKERS, AND OTHER DISTRESSED AND UNDERSERVED LOCAL POPULATIONS IN ORDER TO COMBAT COMMUNITY DETERIORATION AND CONTRIBUTE TO THE LONG-TERM SURVIVAL, ECONOMIC VIABILITY, AND RESILIENCY OF THE ISLAND AND PENINSULA COMMUNITIES, AND OTHER RELATED CHARITABLE ACTIVITIES.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,879
Program Service Revenue $30,771
Investment Income $-207,253
Other Revenue $0
TOTAL REVENUE $-130,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,828
Fundraising Expenses $0
Program Expenses $-4,370
Other Expenses $331,164
TOTAL EXPENSES $403,992

Year-over-Year Comparison

2024 2023 Change
Revenue $-130,603 $191,788 -1.7%
Expenses $403,992 $576,166 -0.3%
Net Income $-534,595 $-384,378 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
20

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
5
$47,546
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH ADKINS FINANCE CONTROLLER 22
Officer
$47,546 $0 $47,546
DON BARDOLE DIRECTOR 5
Director
$0 $0 $0
KATHLEEN BILLINGS DIRECTOR 5
Director
$0 $0 $0
BRIAN BILLINGS DIRECTOR 5
Director
$0 $0 $0
EVELYN DUNCAN TREASURER 5
Officer Director
$0 $0 $0
JEFF EATON DIRECTOR 5
Director
$0 $0 $0
GIDGET FAGERBERG SECRETARY 5
Officer Director
$0 $0 $0
SKIP GREENLAW VICE PRESIDENT 5
Officer Director
$0 $0 $0
DAVID RYAN DIRECTOR 5
Director
$0 $0 $0
DONNA STINSON DIRECTOR 5
Director
$0 $0 $0
KAREN VICKERSON DIRECTOR 5
Director
$0 $0 $0
LEON WEED PRESIDENT 5
Officer 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 $-130,603 $403,992 $2,957,307 $-534,595
2024 $191,788 $576,166 $3,448,766 $-384,378
2023 $981,572 $629,087 $3,849,048 $352,485
2022 $2,004,029 $2,815,389 $3,398,014 $-811,360
2021 $5,993,790 $6,409,138 $4,961,696 $-415,348
2020 $5,707,261 $5,969,303 $5,472,086 $-262,042
2019 $5,506,163 $5,649,610 $4,981,945 $-143,447
2018 $4,595,395 $4,854,433 $5,172,295 $-259,038
Explore More Nonprofits
Top 100 Nonprofits in Maine Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ISLAND NURSING HOME INC with other nonprofits in Maine and across the country.