Caumsett Foundation Incorporated EIN 11-3396186

Caumsett Foundation Incorporated

EIN  11-3396186 Public charity (501(c)(3)) Lloyd Harbor, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Preserves and enhances a historic park for education, recreation, and conservation.
Leadership
Jessica Brassler · Member
Money in and out
$1.1M revenue, $669K expenses
Bottom line
78% program efficiency

Preserves and enhances a historic park for education, recreation, and conservation. For fiscal year 2024 it reported $1.1M in revenue, $669K in expenses, and $5.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$669K
Pt IX · Ln 25
Net assets
$5.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $455K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Program efficiency
78%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
54.1mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
+41%
revenue over expenses, this year▼ -30% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▼ -2%
Expenses
$669K
FY2024▲ +37%
Total assets
$5.3M
FY2024▲ +10%
Total liabilities
$92K
FY2024▲ +48%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$669K
Pt IX · Ln 25
Net assets
$5.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$455K
Total assetsPt X · Ln 16$5.3M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services account for $522K of program spending, described in the organization's own filed words · FY2024.
01

Education & Recreation

Provides low-impact recreation as well as educational programs and newsletters that promote and preserve the natural heritage and cultural history of the park.

$203Kprogram expense
02

Building Preservation

Provides maintenance and improvements to the caumsett buildings.

$171Kprogram expense
03

Land and Environment Conservation

Provides conservation, maintenance and improvements to the park landscape and its gardens.

$148Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCaumsett Foundation Incorporated
EINHdr · item D11-3396186
Principal addressHdr · item CLloyd Harbor, NY
WebsiteHdr · item Jwww.caumsettfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C30)
Ruling yearIRS BMFFeb 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$682K · 61%
Investment income$227K · 20%
Other revenue$216K · 19%
Contributions & grants61%$682K
Investment income20%$227K
Other revenue19%$216K
— government grantsLn 1e$28K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.18 Fundraising $0.04
Program services78%$522K
Management & general18%$118K
Fundraising4%$29K
Total functional expensesLn 25$669K

Balance Sheet

Part X · end of year
CashLn 1$234K
Total assetsLn 16$5.3M
Total liabilitiesLn 26$92K
Total net assetsLn 32$5.2M
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.0M · Operating expenses/yr $669K
54.1 months
Where the money goes
Program services
Program services $522K · Total expenses $669K
78%
Management & General
Management & general $118K · Total expenses $669K
18%
Fundraising
Fundraising $29K · Total expenses $669K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $622K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $682K · Total revenue $1.1M
61%
Government reliance
Government grants $28K · Total revenue $1.1M
2%
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $227K · Total revenue $1.1M
+20%
Program self-sufficiency
Program service revenue $0 · Total expenses $669K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.1M
-2%
Revenue CAGR
FY2019 $684K · FY2024 $1.1M
+10%
Net-asset trend (YoY)
End of year $5.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $669K
+41%
Liabilities-to-Assets
Total liabilities — · Total assets $5.3M
Net-asset ratio
Net assets $5.2M · Total assets $5.3M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.8M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $5.3M
52%
People & payroll
Highest Reported Total Compensation
Individual Jessica Brassler · Reported title MEMBER · Highest reported compensation $0 · Total expenses $669K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $35K · Total expenses $669K
5%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 18%
Fundraising cost ratio 4%
Revenue growth -2%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 20 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$579K revenue · ⤓ 990 PDF
FY2021$890K revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF
FY2019$684K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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