ISLAND STREET FOUNDATION INC

EIN: 611577163 501(c)(3) Education

NORTH TONAWANDA, NY

Total Revenue
$500
Total Expenses
$384
Total Assets
$1,112,016
Net Assets
$1,112,016
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DE
Principal Officer
CHERYL JANKOWSKI
Phone
7162040204
Tax Period
2024-01-01 to 2024-12-31

ISLAND STREET FOUNDATION INC, founded in 2011, is a micro nonprofit in the Education sector that reported $500 in total revenue in fiscal year 2024. The organization ran a surplus of $116, a strong 23% operating margin.

Mission

CO-DEVELOP SUSTAINABLE FUNDING PROGRAMS FOR SMALL TO MID-SIZE WNY BASED CHARITIES, SPONSOR A VARIETY OF EDUCATIONAL ACTIVITIES TO ENHANCE AWARENESS OF THE HISTORIC AND ARCHITECTURAL DESIGN SIGNIFICANCE OF THE BUFFALO NIAGARA REGION AND COLLABORATIVELY EXPLORE ENVIRONMENTAL PRESERVATION INITIATIVES FOCUSED ON THE NIAGARA RIVER AND ERIE CANAL.

Program Service Accomplishments

Program 1
Expenses: $384 Revenue: $500

THE ORGANIZATION IS NETWORKING WITH AREA CHARITIES TO DEVELOP PROGRAMMING FOR SUSTAINABLE FUNDING ACTIVITIES IN ITS SERVICE AREA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $384
Other Expenses $384
TOTAL EXPENSES $384

Year-over-Year Comparison

2024 2023 Change
Revenue $500 $500 N/A
Expenses $384 $384 N/A
Net Income $116 $116 N/A
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
$183,180
Total Directors
4
$183,180
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WARREN GREATBATCH VICE PRESIDENT / DIRECTOR 2.00
Officer Director
$0 $0 $0
AMI GREATBATCH PRESIDENT / DIRECTOR 5.00
Officer Director
$0 $0 $0
KEN DULIAN DIRECTOR 1.00
Officer Director
$0 $10,063 $183,180
JOHN SIEGEL SECRETARY / DIRECTOR 1.00
Officer Director
$0 $0 $0
CHERYL JANKOWSKI TREASURER 1.00
Officer
$0 $0 $0
MICHELE SCHMIDT REPORTABLE INDIRECT EMPLOY 1.00
Highest
$0 $0 $131,230
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 $500 $384 $1,112,016 $116
2023 $500 $384 $1,111,900 $116
2022 $500 $384 $1,111,784 $116
2021 $500 $374 $1,111,668 $126
2020 $500 $374 $1,111,542 $126
2019 $500 $374 $1,111,416 $126
2018 $500 $374 $1,111,290 $126
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