Islands Medical Assistance Society Corp of Ny

Nonprofit profile at a glance

EIN
300120782
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2015, Form 990-EZ 2024
Location
Manhasset, NY, USA
Phone
5168739646
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Support Services

Reported finances

Revenue
$43,687
Expenses
$4,537
Assets
$167,074
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DUSANKA MARUSIC (PRESIDENT)
  • JUSTIN CALABRESE (VICE PRESIDENT)
  • ROSE MARACICH (EXECUTIVE VICE PRESIDENT)

People named in this filing

  • LOREDANA BEG (ASSISTANT TREASURER)
  • DUSANKA MARUSIC (PRESIDENT)
  • JUSTIN CALABRESE (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Island medical assistance society is a humanitarian organization formed in order to raise funds through various fundraising activities for the sole purpose of buying medical supplies and equipment. These medical supplies and equipment are then donated to various doctors and hospitals who have requested help in alleviating the suffering of, and provide adequate medical care to, less fortunate people.

What it reported doing in 2024

In this fiscal year the organization was able to raise additional money towards the purchase of a mammography screening machine that will occur in early 2026 for a hospital that meets the organizations mission statement.

Operating model

Revenue model
Other-operating. 80% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 82
  • Sustainability: 90
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10.4%; rating input score 10
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 89.6%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 36.82; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 10.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.