HEALTHY ISLAND PROJECT INC (EIN 571171776) - 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

2004

Legal Domicile

Principal Officer

SUSAN TODER

Phone

2073676332

Tax Period

2023-01-01 to 2023-12-31

HEALTHY ISLAND PROJECT INC, founded in 2004, is a small nonprofit in the Health Care sector that reported $307K in total revenue in fiscal year 2023. The organization ran a surplus of $67K, a strong 22% operating margin.

Mission

HEALTHY ISLAND PROJECT IS A COMMUNITY-BASED ORGANIZATION THAT PROVIDES INFORMATION, MAKES CONNECTIONS BETWEEN PEOPLE AND ORGANIZATIONS, AND COORDINATES SELECTED PROJECTS TO PROMOTE HEALTHY LIVING. HIP BRINGS TOGETHER A CROSS SECTION OF DEER ISLE STONINGTON RESIDENTS TO ADDRESS THE BROAD HEALTH OF OUR COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $258,373

Program Service Revenue $38,395

Investment Income $10,419

Other Revenue $0

TOTAL REVENUE $307,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,267

Fundraising Expenses $38,235

Program Expenses $162,148

Other Expenses $161,111

TOTAL EXPENSES $240,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$307,187	$289,083	+0.1%
Expenses	$240,378	$189,870	+0.3%
Net Income	$66,809	$99,213	-0.3%

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

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

$73,700

Total Directors

$73,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN TODER	PRESIDENT	20.00	Officer Director	$0	$0	$0
ROGER OLSEN	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
MACY LASKY	TREASURER	1.00	Officer Director	$0	$0	$0
ESTHER ADAMS	DIRECTOR	0.50	Director	$0	$0	$0
ANNIE TAYLOR GRAY	DIRECTOR	8.00	Director	$0	$0	$0
VICKI REESER	DIRECTOR	1.50	Director	$0	$0	$0
TIFFANY SHEPARD	DIRECTOR	1.00	Director	$0	$0	$0
CAROL WALSH	DIRECTOR	2.00	Director	$0	$0	$0
RENE COLSON	EXECUTIVE DI	40.00	Officer Director	$73,700	$0	$73,700
BILL GROSS	TRUSTEE/DIRE	1.00	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
2024	No data	No data	No data	No data
2023	$307,187	$240,378	$393,922	$66,809
2022	$289,083	$189,870	$322,165	$99,213
2021	$234,608	$203,837	$242,847	$30,771
2020	$207,406	$177,155	$196,172	$30,251

HEALTHY ISLAND PROJECT INC