AMAGANSETT LIFE-SAVING & COAST GUARD STATION SOCIETY

EIN: 821601103 501(c)(3) Arts, Culture & Humanities

AMAGANSETT, NY

Total Revenue
$76,356
Total Expenses
$65,181
Total Assets
$573,958
Net Assets
$573,100
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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
2017
Legal Domicile
NY
Principal Officer
SCOTT BRADLEY
Phone
6312675219
Tax Period
2024-01-01 to 2024-12-31

AMAGANSETT LIFE-SAVING & COAST GUARD STATION SOCIETY, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $76K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $65K left a modest 15% surplus.

Mission

TO MAINTAIN AND PRESERVE THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION LOCATED AT 160 ATLANTIC AVE, AMAGANSETT, NY 11930 TO OPERATE A MUSEUM AT THE STATION OF THE PURPOSE OF MAKING IT ACCESSIBLE TO THE PUBLIC AND OF INTERPRETING ITS HISTORY AND THE HISTORY OF THE U.S. LIFE-SAVING SERVICE AND THE U.S. COAST GUARD IN EAST HAMPTON AND EVIRONS FOR THE INTEREST AND INTRUCTION OF THE RESIDENTS OF THE TOWN OF EAST HAMPTON AND NUMEROUS VISITORS TO THE TOWN TO OWN AND/OR HOLD COLLECTIONS, MOUNT EXHIBITS, PRODUCE WRITTEN MATERIALS AND OFFER EDUCATIONAL AND PUBLIC PROGRAMS AND TO ENGAGE IN ANY AND ALL OTHER LAWFUL ACTIVITIES IN THE FURTHERANCE OF THE FOREGOING PURPOSES.

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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 $52,142
Program Service Revenue $0
Investment Income $5,076
Other Revenue $19,138
TOTAL REVENUE $76,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $43,517
Other Expenses $65,181
TOTAL EXPENSES $65,181

Year-over-Year Comparison

2024 2023 Change
Revenue $76,356 $179,647 -0.6%
Expenses $65,181 $46,257 +0.4%
Net Income $11,175 $133,390 -0.9%
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

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Governance

Voting Members
18
Independent Members
18
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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT BRADLEY CO- PRESIDEN 5.00
Officer
$0 $0 $0
MICHAEL N CINQUE CO-PRESIDENT 5.00
Officer
$0 $0 $0
STEPHEN M MARZO TREASURER 5.00
Officer
$0 $0 $0
GARY ADAMEK VICE PRESIDE 3.00
Officer
$0 $0 $0
SCOTT HANDWERKER SECRETARY 1.00
Officer
$0 $0 $0
BRITTON BISTRIAN TRUSTEE 1.00
Director
$0 $0 $0
CHARLES SAVAGE TRUSTEE 1.00
Director
$0 $0 $0
DAVID CATALETTO TRUSTEE 2.00
Director
$0 $0 $0
DAVID LYS TRUSTEE 1.00
Director
$0 $0 $0
DAVID SASKAS TRUSTEE 0.00
Director
$0 $0 $0
DEREK PAULSEN TRUSTEE N/A
Director
$0 $0 $0
EDWARD MICHELS TRUSTEE 1.00
Director
$0 $0 $0
FRANCINE D WHITNEY TRUSTEE 2.00
Director
$0 $0 $0
ISABEL CARMICHAEL TRUSTEE 2.00
Director
$0 $0 $0
JAMES WEBER TRUSTEE 1.00
Director
$0 $0 $0
JOHN RYAN JR TRUSTEE 3.00
Director
$0 $0 $0
NINA D GILLMAN TRUSTEE 1.00
Director
$0 $0 $0
STACY MYERS TRUSTEE 2.00
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 $76,356 $65,181 $573,958 $11,175
2023 $179,647 $46,257 $562,430 $133,390
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