Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
EIN 05-0381201 • 501(c)3 • Block Island, RI
Profile
The Foundation's mission is to improve economic and social conditions for residents of Block Island. BIED has built and manages a community center that provides childcare and senior activities, operates an art gallery for local residents and rents residential units to residents.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Assets
Down$372,536
Down $24,064 (-6.1%) from 2023
Liabilities
Down$149,084
Down $10,690 (-6.7%) from 2023
Net Assets
Down$223,452
Down $13,374 (-5.6%) from 2023
Revenue
Up$75,555
Up $16,093 (+27%) from 2023
Expenses
Up$88,931
Up $19,564 (+28%) from 2023
Net Income
Down-$13,376
Down $3,471 (-35%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The Foundation's mission is to improve economic and social conditions for residents of Block Island. BIED has built and manages a community center that provides childcare and senior activities, operates an art gallery for local residents and rents residential units to residents.
The Foundation's mission is to improve economic and social conditions for residents of Block Island.BIED has built and manages a community center that provides childcare and senior activities, operates an art gallery for local residents and rents residential units to residents.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $238,234 | $204,080 | ▼ $34,154 |
| Cash and Non-Interest-Bearing Accounts | $132,697 | $142,831 | ▲ $10,134 |
| Savings and Temporary Cash Investments | $13,977 | $14,476 | ▲ $499 |
| Accounts Receivable | $11,692 | $11,149 | ▼ $543 |
| Total Assets | $396,600 | $372,536 | ▼ $24,064 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $145,334 | $135,796 | ▼ $9,538 |
| Accounts Payable and Accrued Expenses | $10,340 | $9,188 | ▼ $1,152 |
| Other Liabilities | $4,100 | $4,100 | → $0 |
| Total Liabilities | $159,774 | $149,084 | ▼ $10,690 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $236,826 | $223,452 | ▼ $13,374 |
| Total Net Assets Fund Balance | $236,826 | $223,452 | ▼ $13,374 |
| Total Liabilities and Net Assets / Fund Balance | $396,600 | $372,536 | ▼ $24,064 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $99,089 | $774,087 | $873,176 |
| Leasehold Improvements | $4,991 | $113,058 | $118,049 |
| Land | $100,000 | - | $100,000 |
| Name | Title |
|---|---|
| Gerald Pierce | President |
| Monica Hull-Shea | Vice President |
| Amadeus Mafosi | Director |
| Gail Pierce | Director |
| Jennifer Taubman | Director |
| Linda Spak | Director |
| Roberta McCormick | Director |
| Rebecca Brown | Secretary/Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $75,632 |
| Salaries, Compensation, and Employee Benefits | $13,299 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $46,413 | $5,157 | - | $51,570 |
| Other Salaries and Wages | $11,969 | $1,330 | - | $13,299 |
| Insurance | $7,529 | $837 | - | $8,366 |
| Interest | - | $2,821 | - | $2,821 |
| Office Expenses | $2,490 | $277 | - | $2,767 |
| Fees for Services Accounting | - | $2,558 | - | $2,558 |
| Advertising | $1,449 | - | - | $1,449 |
| Fees for Services Other | - | $1,200 | - | $1,200 |
| Other Expenses | $818 | $91 | - | $909 |
| Total Functional Expenses | $74,261 | $14,670 | $0 | $88,931 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security deposit | $2,100 |
| PPP Loan Payable | $2,000 |
“990 is reviewed by board members prior to filing”
“The organization's 990 is made public through Guidestar's website. The organization believes the 990 provides sufficient information to the publlc.”
“The organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the agency and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for years ending June 30, 2022 and 2023”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 10340 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 9188 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 11692 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 11149 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | The Foundation's mission is to improve economic and social conditions for residents of Block Island.BIED has built and manages a community center that provides childcare and senior activities, operates an art gallery for local residents and rents residential units to residents. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1449 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1449 |
| IRS990/AllOtherContributionsAmt | 0 | 18196 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Gerard Pierce |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4014870017 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box 619 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Block Island |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02807 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 132697 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 142831 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CostOfGoodsSoldAmt | 0 | 41576 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 18196 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 520 |
| IRS990/CYOtherExpensesAmt | 0 | 75632 |
| IRS990/CYOtherRevenueAmt | 0 | 50225 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 6614 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -13376 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 13299 |
| IRS990/CYTotalExpensesAmt | 0 | 88931 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 75555 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | Spring Street Gallery is a cooperative of Block Island artists who learn from each other, develop their work, provide art related programs and sell their work at a small summer Gallery on the island. The Community Center provides programs to BI residents. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 74261 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2558 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2558 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1200 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1200 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignAddress/AddressLine1Txt | 0 | Box 619 |
| IRS990/ForeignAddress/CityNm | 0 | Block Island |
| IRS990/ForeignAddress/CountryCd | 0 | RI |
| IRS990/ForeignAddress/ForeignPostalCd | 0 | 02807 |
| IRS990/ForeignAddress/ProvinceOrStateNm | 0 | Rhode Island |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Gerald Pierce |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Rebecca Brown |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Roberta McCormick |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Linda Spak |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Gail Pierce |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Jennifer Taubman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Monica Hull-Shea |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Amadeus Mafosi |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Secretary/Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1977 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 151288 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 51810 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 74148 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 837 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7529 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8366 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 2821 |
| IRS990/InterestGrp/TotalAmt | 0 | 2821 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 520 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 520 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 887145 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 238234 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 204080 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1091225 |
| IRS990/LegalDomicileStateCd | 0 | RI |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 34157 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | The Foundation's mission is to improve economic and social conditions for residents of Block Island. BIED has built and manages a community center that provides childcare and senior activities, operates an art gallery for local residents and rents residential units to residents. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 145334 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 135796 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 236826 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 223452 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 32572 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 32572 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 17653 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 17653 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 236826 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 223452 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 5157 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 46413 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 51570 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 277 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 2490 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2767 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Gallery Internet and Ro |
| IRS990/OtherExpensesGrp/Desc | 1 | Grant Exp Gallery |
| IRS990/OtherExpensesGrp/Desc | 2 | Other Operating Comm Ct |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 201 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 198 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 91 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1811 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1782 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 818 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2012 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1980 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 909 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4100 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 4100 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 1330 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 11969 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 13299 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Gerard Pierce |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 711130 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Other Comm Service Rev |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 6614 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 6614 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 13200 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 578 |
| IRS990/PYOtherExpensesAmt | 0 | 57895 |
| IRS990/PYOtherRevenueAmt | 0 | 42882 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2802 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -9905 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 11472 |
| IRS990/PYTotalExpensesAmt | 0 | 69367 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 59462 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -13376 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 17653 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 32572 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 13977 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 14476 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 18196 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 13200 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15048 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 12950 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 11750 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 71144 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 520 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 578 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 112 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 1218 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 56839 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 45684 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 43175 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 31817 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 33546 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 211061 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 520 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 578 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 8 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 112 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 1218 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00430 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00380 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99570 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99620 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 282205 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 75035 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 58884 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 58223 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44767 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 45296 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 282205 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 75555 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 59462 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 58223 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 44775 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 45408 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 283423 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 99089 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 774087 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 873176 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 100000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 100000 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 4991 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 113058 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 118049 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2100 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Security deposit |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PPP Loan Payable |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the agency and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for years ending June 30, 2022 and 2023 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 204080 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 4100 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 990 is reviewed by board members prior to filing |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The organization's 990 is made public through Guidestar's website. The organization believes the 990 provides sufficient information to the publlc. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 396600 |
| IRS990/TotalAssetsEOYAmt | 0 | 372536 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 396600 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 372536 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 18196 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 14670 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 74261 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 88931 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 159774 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 149084 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 159774 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 149084 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 236826 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 223452 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 74261 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 6614 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 520 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 56839 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 75555 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 396600 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 372536 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Gerard Pierce |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4014870017 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Block Island Economic Development |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BLOC |
| ReturnHeader/Filer/EIN | 0 | 050381201 |
| ReturnHeader/Filer/PhoneNum | 0 | 4014870017 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 619 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Block Island |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02807 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 050495839 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALSD LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1604 Broad Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Cranston |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02905 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4012230205 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Richard Streitfeld |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T09:11:24-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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