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2101 41ST AVE
Long is City NY 11101-4801
Long is City NY | IRS ruling year: 1924 | EIN: 13-1624169
THE HOSPITAL IS A FREE STANDING DIAGNOSTIC AND TREATMENT CENTER, LICENSED UNDER ARTICLE 28 AND ARTICLE 31 OF THE NYS HEALTH LAW, LOCATED IN LONG ISLAND CITY, NY. THE ... (More)
THE HOSPITAL IS A FREE STANDING DIAGNOSTIC AND TREATMENT CENTER, LICENSED UNDER ARTICLE 28 AND ARTICLE 31 OF THE NYS HEALTH LAW, LOCATED IN LONG ISLAND CITY, NY. THE HOSPITAL PROVIDES A BROAD RANGE OF PRIMARY HEALTH CARE SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION. THF IS ALSO A FEDERALLY QUALIFIED HEALTH CENTER WITH ALL THREE URBAN DESIGNATIONS UNDER SECTION 330. (Less)
Good
This charity's score is 87%, earning it a Three-Star rating. If this organization aligns with your passions and values, you can give with confidence.
This overall score is calculated from multiple beacon scores: 90% Accountability & Finance, 10% Leadership & Adaptability. Learn more about our criteria and methodology.
We recognize that not all metrics and beacons equally predict a charity’s success. The percentage each beacon contributes to the organization’s overall rating depends on the number of beacons an organization has earned.
Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned.
Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!
The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). As a result, the Accountability & Finance score for Floating Hospital Inc. is outdated and the overall rating may not be representative of its current operations. Please check with the charity directly for any questions you may have.
Floating Hospital Inc. has earned a 85% for the Accountability & Finance beacon. See the metrics below for more information.
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
This Accountability & Finance score represents IRS Form 990 data up until FY 2019, which is the most recent Form 990 currently available to us.
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Full Credit
Partial Credit
No Credit
Not ApplicableBoard Composition - 14/14 - 25/25 ptsBoard Composition - 14/14 - 25/25 pts
Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent (not salaried).
The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters.
Source: IRS Form 990
Independent Audit or Financial Review - Audited - 20/20 ptsIndependent Audit or Financial Review - Audited - 20/20 pts
An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Organizations are scored based on their Total Revenue Amount:
| Total Revenue Amount | Expectation to Receive Credit |
|---|---|
| $1 million or higher | Expected to complete an audit |
| $500,000 - $1 million | Expected to complete an audit, review, or compilation |
| Less than $500,000 | No expectation (removed from scoring methodology) |
Source: IRS Form 990
Conflict of Interest Policy - Listed - 3/3 ptsConflict of Interest Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a conflict of interest policy on the Form 990 as an accountability and transparency measure.
This policy protects the organization and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer, director and/or key employee of the organization.
Source: IRS Form 990
Board Meeting Minutes - Documented - 3/3 ptsBoard Meeting Minutes - Documented - 3/3 pts
Charity Navigator looks to confirm on the Form 990 that the organization has this process in place as an accountability and transparency measure.
An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference.
Source: IRS Form 990
Document Retention and Destruction - Listed - 3/3 ptsDocument Retention and Destruction - Listed - 3/3 pts
Charity Navigator looks for the existence of a document retention and destruction policy per the Form 990 as an accountability and transparency measure.
This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. These guidelines foster good record keeping procedures that promote data integrity.
Source: IRS Form 990
Whistleblower Policy - Listed - 3/3 ptsWhistleblower Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a whistleblower policy per the Form 990 as an accountability and transparency measure.
This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement.
Source: IRS Form 990
Website - Listed - 3/3 ptsWebsite - Listed - 3/3 pts
Charity Navigator looks for a website on the Form 990 as an accountability and transparency metric.
Nonprofits act in the public trust and reporting publicly on activities is an important component.
Source: IRS Form 990
Full CreditPartial CreditNo CreditNot ApplicableLiabilities to Assets Ratio - 63.59% - 0/15 ptsLiabilities to Assets Ratio - 63.59% - 0/15 pts
The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). This ratio is an indicator of an organization’s solvency and/or long-term sustainability.
| Liabilities to Assets Ratio | Amount of Credit Received |
|---|---|
| Less than 50% | Full Credit |
| 50% - 59.9% | Partial Credit |
| 60% or more | No Credit |
Source: IRS Form 990
Program Expense Ratio - 84.99% - 25/25 ptsProgram Expense Ratio - 84.99% - 25/25 pts
The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s). This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver.
| Program Expense Percentage | Amount of Credit Received |
|---|---|
| 70% or higher | Full Credit |
| 60% - 69.9% | Partial Credit |
| 50% - 59.9% | Zero Points for Program Expense Score |
| Below 50% | Zero Points for Both Program Expense AND Liabilities to Assets Scores |
Source: IRS Form 990
This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
Presented here are up to five of this organization's highest compensated employees. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting
Source: IRS Form 990 (page 7), filing year 2019
Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website
Activities:
Health clinic (BMF activity code: 154)
Aid to the handicapped (see also 031) (BMF activity code: 160)
Other health services (BMF activity code: 179)
Foundation Status:
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) (BMF foundation code: 15)
Affiliation:
Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Floating Hospital Inc.) or EIN (131624169) in the 'Search Term' field.
This organization was impacted by COVID-19 in a way that effected their financial health in 2020. This normally would have reduced their star rating. Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them, and doing this pauses our revision of their rating. Charities may submit their own pandemic responses through their nonprofit portal.
Floating Hospital Inc. reported being impacted by COVID-19 in the following ways:
Program Delivery
Fundraising Capacity
Revenue
Staffing
Balance Sheet
How COVID-19 impacted the organization's operations financially:
Initially we, like most non-profit organizations, were greatly impacted by the shutdown and subsequent Covid-related restrictions because of the challenges of getting our patients and staff to and from our clinic. This precipitated a decline in earned revenue from Medicaid and insurance co-pays, and pharmacy revenue. It also limited our ability to meet and reach out directly to donors. We applied and received PPP loan, that was eventually forgiven, and secured numerous Covid-19 emergency grants which enabled us to employ our full staff, reopen our clinic doors, while also completing construction on our new flagship clinic which doubles our patient capacity.
How COVID-19 impacted the organization's delivery of programs:
We were fortunate to be able to pivot to telehealth for medical and behavioral health services to patients who were unable to visit the clinic. While all medical visits are now in person at our newly opened flagship clinic, we continue to offer behavioral health visits both in person and via telehealth to ensure anyone can access this care, which has been in greater demand than ever during the pandemic. Due to restrictions, we made adjustments to our Good Health Shuttle which provides free transportation for patients living in over 300 homeless shelters and domestic violence safe houses throughout NYC. We increased the number of shuttle runs, picked up smaller groups to ensure social distancing. During the height of Covid, the shuttle service was also extended to staff, providing them with safe transportation to and from work each day.
How this organization adapted to changing conditions caused by COVID-19:
To meet community demand for Covid vaccinations, we set up “pop up” and mobile vaccine clinics in the Long Island City community where the Hospital is based and administered vaccines to senior citizens, residents of domestic-violence safe houses and front line workers. We hired additional temporary staff to extend clinic hours and provide a significant number of vaccines to an underserved community at large who may have otherwise had difficulty accessing vaccines. In the case of senior citizens, many did not have access to vaccines, and we were able to either go on site to senior centers or transport patients to the clinic via it free shuttle. In the case of women experiencing domestic violence, we arranged confidential pickup to the clinic so as not to disclose their locations for security purposes. For the local Long Island City community, we were able to accommodate shift workers who would otherwise have a difficult time getting off from work to come to the clinic.
Innovations the organization intends to continue permanently after the pandemic:
Initially, we were limited in our capacity to vaccinate simply because of space. Since occupying our new clinic in June 2021, we have been able to accommodate more patients, with improved patient flow for public-safety measures. We are now building out a new dedicated on-site vaccine/community outreach center that will be adjacent to our clinic. This adjacency is critical as community members/patients come into the community center as their first point of reference for the clinic and for education and information. The center provides information about essential health measures, including Covid-19 education and communication about vaccines, and therefore serves as a direct conduit to the vaccine center once a patient has expressed interest in receiving the vaccine. The outreach center will continue on after Covid is behind us to offer a place for community members to garner educational information and connection to our medical, behavioral health services and health education programs.
Not Currently Scored
Floating Hospital Inc. cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
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Floating Hospital Inc. reported its three largest programs on its FY 2019 Form 990 as:
Spent in most recent FY
Percent of program expenses
HOMELESS PROGRAM - TFH IS A FEDERALLY QUALIFIED HEALTH CENTER, AND HAS HISTORICALLY SERVED NYC'S MOST UNDERSERVED POPULATIONS. THAT POPULATION TODAY IS HOMELESS FAMILIES, WHICH, AS A CATEGORY OF HOMEL ... (More)
HOMELESS PROGRAM - TFH IS A FEDERALLY QUALIFIED HEALTH CENTER, AND HAS HISTORICALLY SERVED NYC'S MOST UNDERSERVED POPULATIONS. THAT POPULATION TODAY IS HOMELESS FAMILIES, WHICH, AS A CATEGORY OF HOMELESSNESS, FAR EXCEEDS HOMELESS SINGLE MEN OR WOMEN. TFH PROVIDES EXTENSIVE HEALTH CARE SERVICES TO THESE INDIVIDUALS REGARDLESS OF ABILITY TO PAY. IN ADDITION, IT PROVIDES NON-MEDICAID REIMBURSED SERVICES SUCH AS HEALTH EDUCATION AT NO COST TO ANY PATIENT. (Less)
Spent in most recent FY
Percent of program expenses
COMMUNITY AND PUBLIC HOUSING PROGRAM - TFH ALSO FUNCTIONS AS A FEDERALLY QUALIFIED HEALTH CENTER TO THE NORTHWEST QUEENS COMMUNITY AND PROVIDES PRIMARY HEALTH CARE SERVICES TO THE UNDERSERVED OF THAT ... (More)
COMMUNITY AND PUBLIC HOUSING PROGRAM - TFH ALSO FUNCTIONS AS A FEDERALLY QUALIFIED HEALTH CENTER TO THE NORTHWEST QUEENS COMMUNITY AND PROVIDES PRIMARY HEALTH CARE SERVICES TO THE UNDERSERVED OF THAT COMMUNITY AS WELL AS THE QUEENSBRIDGE AND RAVENSWOOD HOU (Less)
Spent in most recent FY
Percent of program expenses
ACS MEDICAL AND DENTAL PROGRAM - TFH IS THE MEDICAL PROVIDER TO THE NYC ADMINISTRATION FOR CHILDREN'S SERVICES, WHICH HANDLES ALL ASPECTS OF YOUTH UNASSOCIATED WITH A SPECIFIC HOME LIFE AT A PARTICULA ... (More)
ACS MEDICAL AND DENTAL PROGRAM - TFH IS THE MEDICAL PROVIDER TO THE NYC ADMINISTRATION FOR CHILDREN'S SERVICES, WHICH HANDLES ALL ASPECTS OF YOUTH UNASSOCIATED WITH A SPECIFIC HOME LIFE AT A PARTICULAR TIME, I.E., FOSTER CHILDREN (BOTH TEMPORARY AND PERMAN (Less)
Floating Hospital Inc. cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
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Floating Hospital Inc. has earned a 100% for the Leadership & Adaptability beacon. See the metrics below for more information.
This beacon provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
Learn more
Full CreditPartial CreditNo CreditNot ApplicableMission - 10/10 ptsMission - 10/10 pts
The nonprofit organization presents evidence of strategic thinking through articulating the organization's mission
THE HOSPITAL IS A FREE STANDING DIAGNOSTIC AND TREATMENT CENTER, LICENSED UNDER ARTICLE 28 AND ARTICLE 31 OF THE NYS HEALTH LAW, LOCATED IN LONG ISLAND CITY, NY. THE HOSPITAL PROVIDES A BROAD RANGE OF PRIMARY HEALTH CARE SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION. THF IS ALSO A FEDERALLY QUALIFIED HEALTH CENTER WITH ALL THREE URBAN DESIGNATIONS UNDER SECTION 330.
Vision - 10/10 ptsVision - 10/10 pts
The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.
The Floating Hospital provides exceptional, compassionate healthcare to families in need. We provide care regardless of insurance status, immigration status, or ability to pay. We care for our patients as individuals with unique needs and goals. We offer education to help them self-care, now and for the long term. Our commitment is the same as it was when we were founded more than 150 years ago: unrestricted healthcare to all who walk through our door.
Source: Nonprofit submitted responses
Goals - 20/20 ptsGoals - 20/20 pts
The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
Goal One: To provide care and relief to all who need it, regardless of their immigration or insurance status or ability to pay.
Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.
Goal Two: Continue to survey our constituents via Social Determinants of Health (SDOH) to ensure that all our programs and services continue to be patient-centered.
Goal Type: New program(s) based on observed changes in needs among our constituencies/communities served.
Goal Three: Continue to develop new initiatives, services and programs that are timely and relevant to the needs of our NYC community.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Leadership Development - 15/15 ptsLeadership Development - 15/15 pts
The nonprofit provides evidence of investment in leadership development
Clinical staff is trained and retrained to maintain their certifications in a variety of specialty areas as well as to expand the services our clinic offers. For example, during Covid, we have experienced an uptick in patients who have experienced trauma. To make sure that care could be provided for these patients, our entire behavioral health team was trained in trauma informed care, and our behavioral health director received training in EMDR.
Mobilizing for Mission - 15/15 ptsMobilizing for Mission - 15/15 pts
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
Strategic Partnerships
Networks of Collective Impact Efforts
Raising Awareness
Community Building
Our community outreach program has cultivated and sustains partnerships with local organizations in the clinic's Long Island City community. This has fostered a sharing of resources, increased public education about our clinical services and programs. Additionally, we maintain and constantly update our website: thefloatinghospital.org with new information on a daily basis, as well as on social media (Facebook, Twitter, Instagram, LinkedIn, and Tumblr).
Adaptability Story - 30/30 ptsAdaptability Story - 30/30 pts
The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.
Continuing our mission to provide primary, dental and behavioral health services and education to families living in temporary housing meant finding new, creative ways to make an impact during the pandemic. To do so, we built on our with other organizations dedicated to serving the city’s most vulnerable and in-need individuals. For organizations like Safe Horizon, which helps victims of domestic abuse in NYC find safe shelter and get necessary support and access to life-saving information, reaching that population during a pandemic was especially challenging. We collaborated with them on an educational seminar to increase awareness of domestic violence, along with 696 Build Queensbridge’s “violence disrupter” initiative to build a wider audience. The population served by Safe Horizon is especially tricky, not only because the locations of safe houses are kept private to protect the victims and their families, but during the pandemic, when people were sequestered to their homes, domestic violence increased at an alarming rate. Safe Horizon provided access to that vulnerable community, assisting with pickups, provided by the Floating Hospital’s Good Health Shuttle, for safe house residents in discreet locations so they could keep their healthcare appointments.
Impact & Results
Accountability & Finance
Culture & Community
Leadership & Adaptability
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