Thousand Island Park Foundation Inc

Nonprofit profile at a glance

EIN
462819724
IRS 990 coverage
2020–2025
Forms available
Form 990 2025, Form 990-EZ 2019, Form 990-N 2014
Location
Thousand Island Park, NY, USA
Phone
3155173700
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$67,167
Expenses
$45,343
Assets
$637,914
Liabilities
$3,250

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • EDWARD ADAMS (PRESIDENT)

People named in this filing

  • DAVID LAKE (CHAIRPERSON)
  • KATE TURRI (DIRECTOR)
  • MICHAEL STEDEM (VICE CHAIRPERSON / VICE PR)

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

The mission of the thousand island park foundation (an independent non-for-profit public foundation) is to provide a philanthropic environment that supports and facilitates the educational, cultural, religious and recreational activities of the historic district known as thousand island park while preserving its history, heritage and historical buildings.

What it reported doing in 2025

The thousand island park foundation, inc. Supports and facilitates a greater life experience for all who reside and visit thousand island park, n.y. In 2025 the following grants were awarded by thousand island park foundation, inc.: a. Tabernacle community association $3,000b. L'atelier art $1,012c. Thousand island park historical association $540d. The richard e. Winters cancer center at chmc foundation in ogdensburg, ny $2,500e. Compassionate care foundation $500f. River wellness of clayton ny $200g. The walker center for cancer at samaritan medical center in watertown $500events: throughout the summer season, program activities included the cans and bottles collection the proceeds from which are used to maintain the community playground, the river ball (summer soiree) food and drink with dancing, the sip and support wine tasting fundraiser to support free programs, a memorial cancer walk informational event for cancer care facilities in the area and fundraiser for grants to those four facilities and a free community music event, dancing in the streets, six free educational events on animal husbandry, fishing derbies, astronomy and talent show, a river shoreline clean-up with save the river and an american red cross blood drive.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 83
  • Accountability: 82
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.9%; rating input score 89
  • Program expense ratio: 81.9%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 32.5%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 14.07; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 12.1% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 88.9% of revenue deployed · 81.9% of spending went to programs
  • Governance: 12 of 12 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $37K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2025
  • 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.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.