Eagle Island Inc
- Assets
- $6.0m
- Revenue
- $762.7k
- Investments
- $0.0
- Employees
- 25
- Location
- Saranac Lake, NY
- Founding
- 05/2011
- Data as of
- 12/2023
- EIN
- 27-4548675
Organization Overview
Eagle Island Inc, operating under the name Friends Of Eagle Island Inc, is located in Saranac Lake, NY. The organization was established in 2011. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Friends Of Eagle Island Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Eagle Island Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Friends Of Eagle Island Inc generated $762.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $684.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EAGLE ISLAND INC.'S MISSION IS TO INSPIRE AND EMPOWER GIRLS AND YOUNG WOMEN TO BE CONFIDENT, COLLABORATIVE, AND COURAGEOUS THROUGH UNPLUGGED ADIRONDACK EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAN YOUTH CAMP OVER SIX WEEKS PROVIDING 63 CAMPER-WEEKS OF DAY CAMP AND 206 CAMPER-WEEKS OF OVERNIGHT CAMP AS WELL AS ONE WEEK OF FAMILY CAMP AND TWO ADULT WEEKEND PROGRAMS. THE ORGANIZATION PROVIDED 75,000 IN FINANCIAL ASSISTANCE FOR YOUTH CAMPERS. THE ORGANIZATION COMPLETED THE NECESSARY INFRASTRUCTURE IMPROVEMENTS TO THE ADIRONDACK/ISLANDER AREA OF THE ISLAND AND MADE PLANS TO UTILIZE THOSE TENT PLATFORMS FOR YOUTH AND ADULT PROGRAMS IN 2024.
THE ORGANIZATION COMPLETED ITS US DEPT. OF INTERIOR SAVE AMERICA'S TREASURES (SAT) GRANT AND ITS SECOND NEW YORK STATE REGIONAL ECONOMIC DEVELOPMENT CORP (REDC)GRANT. FOR ITS THIRD NYS REDC GRANT, THE ORGANIZATION FINISHED THE ARCHITECTURAL PLANS AND COMPETITIVE BIDDING PROCESS AND ANTICIPATES STARTING CONSTRUCTION IN 2024. THE ORGANIZATION HOSTED NUMEROUS EVENTS OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Evans Co-President | OfficerTrustee | 20 | $0 |
Karin Walsh Rutledge Co-President | OfficerTrustee | 15 | $0 |
Marina Lowry Vice Preside | OfficerTrustee | 5 | $0 |
Stefanie Goodsell Vice Preside | OfficerTrustee | 10 | $0 |
Ellen Winn Vice Preside | OfficerTrustee | 10 | $0 |
Elizabeth Moulthrop Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $42,828 |
| All other contributions, gifts, grants, and similar amounts not included above | $462,367 |
| Noncash contributions included in lines 1a–1f | $35,574 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $505,195 |
| Total Program Service Revenue | $245,483 |
| Investment income | $5,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$699 |
| Net Income from Fundraising Events | $4,897 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $384 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $762,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,187 |
| Compensation of current officers, directors, key employees. | $33,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $134,942 |
| Pension plan accruals and contributions | $2,296 |
| Other employee benefits | $0 |
| Payroll taxes | $48,958 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,835 |
| Advertising and promotion | $0 |
| Office expenses | $3,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,747 |
| Travel | $3,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $966 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $141,393 |
| Insurance | $28,326 |
| All other expenses | $10,699 |
| Total functional expenses | $684,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,552 |
| Savings and temporary cash investments | $203,571 |
| Pledges and grants receivable | $1,945 |
| Accounts receivable, net | $1,622 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,125 |
| Prepaid expenses and deferred charges | $6,282 |
| Net Land, buildings, and equipment | $5,377,281 |
| Investments—publicly traded securities | $68,388 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,968,766 |
| Accounts payable and accrued expenses | $19,950 |
| Grants payable | $0 |
| Deferred revenue | $104,760 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $124,710 |
| Net assets without donor restrictions | $5,783,132 |
| Net assets with donor restrictions | $60,924 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,968,766 |