Islands First INC FY2023 filing

Tax-deductible

New York, NY501(c)(3)EnvironmentEIN 32-0214126Revenue $59K in FY2023

On file with the IRSislandfirst.orgCo Katsky Korins 605 Third Avenue S, 10158-0000 · New York, NYTax-exempt since Apr 2008Publicly supported charity — 170(b)(1)(A)(vi)

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Islands First assists the small island states by (1) building the capacity of their UN missions by providing highly trained, professional advisors, (Continued Schedule O)

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 94% of spending
Concern: pay to officers and key staff is 94% of spending; over 30%.
Pt VII · Sec A
Cash reserves
22 mo
of spending, in cash
Looks good: 21.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$59K
-72% vs prior year
Spent
$54K
To programs
75%
Net assets
$97K
By yearFY2019–FY2024
Revenue
$59K
FY2023▼ -72%
Tap a bar for its year
Revenue by fiscal year
FY2019$438K
FY2020$183K
FY2021$160K
FY2022$212K
FY2023$59K
FY2024$61K
Expenses
$54K
FY2023▼ -81%
Tap a bar for its year
Expenses by fiscal year
FY2019$273K
FY2020$278K
FY2021$144K
FY2022$281K
FY2023$54K
FY2024Not on file
Net assets
$97K
FY2023▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2019$238K
FY2020$143K
FY2021$160K
FY2022$91K
FY2023$97K
FY2024$95K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $40K Management & general 20% · $11K Fundraising 5% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$50,317Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

Mark Jariabka’s $57K as Executive Director is at the 89th percentile of top reported officer pay among 134 <$100K environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2019
Mark Jariabka$57,001$50,317$42,579$126,303$87,036

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides expert advisors to strengthen small island nations' UN missions.

Questions for Islands First INC

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Provided by the organization

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1 program · $40K · in their own filed words · FY2023
01

Islands First assists the small island states by providing: Support for the Alliance of Small Island States in the context of the international climate change negotiations. Support for the Caribbean Community in the context of negotiations on a new implementing agreement under the UN Convention on the Law of the Sea for the protection of…

$40Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$25K
Grants paid · 1 grant · $212K · 2022–2022
Individual RecipientFY2022$212,476

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$59K
Ln 12
Gifts and grantsLn 1h$58K
Fees for servicesLn 2g$1K
Money outPt IX
$54K
Ln 25
Programscol B$40K
Managementcol C$11K
Fundraisingcol D$3K
Owns and owesPt X
$97K
net assets · Ln 32
Cash and savingsLn 1–2$97K
Total assetsLn 16$97K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$58K
Fees for servicesLn 2g$1K
Total revenueLn 12$59K
Assets in detailPt X, end of year
CashLn 1$97K
Cash and savings togetherLn 1–2$97K
Total assetsLn 16$97K
LiabilitiesLn 26$0
Net assetsLn 32$97K
OperationsPt I, VI
EmployeesI 51
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$91K$97K
Total assetsLn 16$91K$97K
LiabilitiesLn 26$0$0
Net assetsLn 32$91K$97K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$50K$40K$8K$3K
Office expensesLn 13$1K$1K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$54K$40K$11K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $61K$95K 990 PDF
FY2023 Viewing $59K$54K$5K$97K 990 PDF
FY2022 $212K$281K−$68K$91K 990 PDF
FY2021 $160K$144K$16K$160K 990 PDF
FY2020 $183K$278K−$94K$143K 990 PDF
FY2019 $438K$273K$164K$238K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $58,985 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $206,552$57,985
I-9 Program service revenuePrior year $5,932$1,000
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $212,484$58,985
I-13 Grants and similar amounts paidPrior year $212,476$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $53,079$50,317
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $14,964$3,198
I-18 Total expensesPrior year $280,519$53,515
I-19 Revenue less expensesPrior year −$68,035$5,470
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $58,985 across 4 lines filed
VIII-1f All other contributions, gifts and grants$57,985
VIII-1h Total contributions, gifts and grants$57,985
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,000$1,000
VIII-12 Total revenueRelated to mission $1,000 · Unrelated business $0 · Excluded from tax $0$58,985
Part IX · Statement of functional expenses $53,515 across 3 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $40,253 · Management $7,548 · Fundraising $2,516$50,317
IX-13 Office expensesManagement $1,329$1,329
IX-24 Other expenses (24a–d)Management $1,869$1,869
IX-25 Total functional expensesPrograms $40,253 · Management $10,746 · Fundraising $2,516$53,515
Part X · Balance sheet $96,950 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $91,480$96,950
X-16 Total assetsStart of year $91,480$96,950
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $91,480$96,950
X-32 Total net assets or fund balancesStart of year $91,480$96,950
X-33 Total liabilities and net assetsStart of year $91,480$96,950
Part XI · Reconciliation of net assets $96,950 net assets at year end
XI-1 Total revenue$58,985
XI-2 Total expenses$53,515
XI-3 Revenue less expenses$5,470
XI-4 Net assets at start of year$91,480
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$96,950

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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