Star Island Corporation
Legal name: Star Island Permanent Trust Fund
Nonprofit profile at a glance
- EIN
- 046869408
- IRS 990 coverage
- 2015–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Portsmouth, NH, United States
- Phone
- (603) 601-0832 (Front Desk)
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $734,278
- Expenses
- $307,439
- Assets
- $6,093,155
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- David Yermack (Chairman)
- Elizabeth Erickson (Trustee)
- Edmund Jones (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission since 1915 is to hold and maintain Star Island and such other property as the Corporation may hold or acquire, as a center for religious, educational, and kindred purposes consistent with the principles of the Unitarian Universalist Association and the United Church of Christ. The goal of the Equity Grant is to support our Star Island community in becoming more diverse. This grant is open to any individual who self-identifies as part of a traditionally marginalized racial and/or ethnic community. This includes – but is not limited to – individuals of African, Asian, or Latin American descent, or members of an Indigenous community. The Equity Grant is not a need-based grant and a four-year commitment from the grantee is expected. The grant covers 100% of room and board for the first two years and covers 50% of room and board for the last two years. Family members of the...
What it reported doing in 2025
The Star Island Permanent Trust Fund distributed $260,085 of its assets to the Star Island Corporation during 2025. This distribution subsidized the general operating expenses of the Star Island Corporation, which organizes conferences and related activities for religious, educational, and kindred purposes consistent with the principles of the Unitarian Universalist Association and the United Church of Christ. Other than this distribution, the Star Island Permanent Trust Fund had no other program service activities during 2025.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 92
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.1%; rating input score 91
- Program expense ratio: 84.6%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 58.1%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 19.82; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 91.1% of revenue deployed · 84.6% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $260K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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.