Eastern Long Island Hospitalfoundation

Eastern Long Island Hospitalfoundation shows strong asset growth and no reported officer compensation, despite fluctuating revenues.

EIN: 203851050 · Greenport, NY · NTEE: E112 · Updated: 2026-03-28

$6.1MRevenue

$5.9MAssets

90/100Mission Score (Excellent)

E112

About Eastern Long Island Hospitalfoundation

Eastern Long Island Hospitalfoundation (EIN: 203851050) is a nonprofit organization based in Greenport, NY, classified under NTEE code E112. The organization reported total revenue of $6.1M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Long Island Hospitalfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Eastern Long Island Hospitalfoundation demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across its filing history. The organization has shown significant fluctuations in revenue, ranging from a low of $606,516 in 2017 to a high of $5,470,689 in 2022, and $3,496,399 in 2023. Despite these variations, the organization has managed its expenses, often operating with a surplus, as seen in 2023 where revenue of $3,496,399 exceeded expenses of $2,887,084. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency.

The organization's NTEE code E112 suggests it is a hospital foundation, implying its primary purpose is to support a hospital. While the filings show financial activity, without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to precisely assess spending efficiency. However, the absence of officer compensation is a significant positive for transparency. The growth in assets from $1,507,368 in 2014 to $6,229,196 in 2023 suggests effective asset management and financial growth over the decade.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Eastern Long Island Hospitalfoundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Eastern Long Island Hospitalfoundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable and suggests that all funds are directed towards the organization's mission and operational costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Eastern Long Island Hospitalfoundation's IRS 990 filings:

Significant year-over-year revenue fluctuations may indicate reliance on unpredictable funding sources.

Strengths

The following positive indicators were identified for Eastern Long Island Hospitalfoundation:

Consistent reporting of 0% officer compensation across all filings.
Strong asset growth from $1,507,368 in 2014 to $6,229,196 in 2023.
Assets consistently exceed liabilities, indicating financial stability.
Often operates with a surplus, as seen in 2023 with revenue of $3,496,399 against expenses of $2,887,084.

Frequently Asked Questions about Eastern Long Island Hospitalfoundation

Is Eastern Long Island Hospitalfoundation a good charity?

Based on the available data, Eastern Long Island Hospitalfoundation appears to be a well-managed charity. It consistently maintains a healthy asset-to-liability ratio, has shown significant asset growth over time, and notably reports 0% officer compensation, indicating strong financial stewardship and a focus on its mission.

How has the organization's revenue trended over the last few years?

The organization's revenue has fluctuated significantly. It saw a peak of $5,470,689 in 2022, decreased to $3,496,399 in 2023, and was as low as $606,516 in 2017. This indicates a variable funding environment.

What is the organization's approach to executive compensation?

Eastern Long Island Hospitalfoundation reports 0% officer compensation in all available filings, suggesting a volunteer-led executive structure or that executive salaries are covered by an affiliated entity, which is a strong positive for donor confidence.

Filing History

IRS 990 filing history for Eastern Long Island Hospitalfoundation showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Eastern Long Island Hospitalfoundation's revenue has grown by 1075%, moving from $298K to $3.5M. Total assets increased by 1333.6% over the same period, from $435K to $6.2M. Total functional expenses rose by 456.2%, from $519K to $2.9M. In its most recent filing year (2023), Eastern Long Island Hospitalfoundation reported a surplus of $609K, with revenue exceeding expenses. The organization holds $442K in liabilities against $6.2M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $5.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.5M	$2.9M	$6.2M	$442K	—	—
2022	$5.5M	$3.3M	$5.3M	$99K	—	View 990
2021	$1.3M	$2.4M	$3.4M	$350K	—	View 990
2020	$1.7M	$993K	$4.6M	$514K	—	View 990
2019	$741K	$925K	$3.6M	$269K	—	View 990
2018	$1.6M	$262K	$3.8M	$222K	—	View 990
2017	$607K	$333K	$2.4M	$162K	—	View 990
2016	$1.0M	$676K	$2.0M	$48K	—	View 990
2015	$1.2M	$1.0M	$1.7M	$93K	—	View 990
2014	$1.4M	$1.3M	$1.5M	$78K	—	View 990
2013	$388K	$470K	$1.4M	$75K	—	View 990
2012	$1.4M	$192K	$1.5M	$65K	—	View 990
2011	$360K	$472K	$327K	$73K	—	View 990
2010	$298K	$519K	$435K	$69K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.5M, expenses of $2.9M, and assets of $6.2M (revenue -36.1% year-over-year).
2022: Revenue of $5.5M, expenses of $3.3M, and assets of $5.3M (revenue +306.9% year-over-year).
2021: Revenue of $1.3M, expenses of $2.4M, and assets of $3.4M (revenue -21.2% year-over-year).
2020: Revenue of $1.7M, expenses of $993K, and assets of $4.6M (revenue +130.4% year-over-year).
2019: Revenue of $741K, expenses of $925K, and assets of $3.6M (revenue -53.1% year-over-year).
2018: Revenue of $1.6M, expenses of $262K, and assets of $3.8M (revenue +160.6% year-over-year).
2017: Revenue of $607K, expenses of $333K, and assets of $2.4M (revenue -42.1% year-over-year).
2016: Revenue of $1.0M, expenses of $676K, and assets of $2.0M (revenue -12.1% year-over-year).
2015: Revenue of $1.2M, expenses of $1.0M, and assets of $1.7M (revenue -15.1% year-over-year).
2014: Revenue of $1.4M, expenses of $1.3M, and assets of $1.5M (revenue +261.7% year-over-year).
2013: Revenue of $388K, expenses of $470K, and assets of $1.4M (revenue -72.1% year-over-year).
2012: Revenue of $1.4M, expenses of $192K, and assets of $1.5M (revenue +287.0% year-over-year).
2011: Revenue of $360K, expenses of $472K, and assets of $327K (revenue +20.9% year-over-year).
2010: Revenue of $298K, expenses of $519K, and assets of $435K.

Data Sources and Methodology

This transparency report for Eastern Long Island Hospitalfoundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.