Civic Intelligence

Carenet - Rhode Island Inc

990 • Fiscal year 2014 • EIN 05-0439164

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 24, 2015

35 Greenwich StreetProvidence, RI 02907

(401) 941-2051

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

90th percentile

$40,596

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

21st percentile

-18%

Faster asset growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

10th percentile

-45%

Faster revenue growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$173,618

Down $38,685 (-18%) from 2013

Net Assets

Down

$169,176

Down $37,198 (-18%) from 2013

Liabilities

Down

$4,442

Down $1,487 (-25%) from 2013

Revenue

Down

$223,028

Down $185,526 (-45%) from 2013

Expenses

Down

$260,226

Down $8,740 (-3.2%) from 2013

Net Income

Down

-$37,198

Down $176,786 (-127%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $90,193Liabilities 2011: $3,999Net Assets 2011: $86,1942011Assets 2012: $76,503Liabilities 2012: $9,717Net Assets 2012: $66,7862012Assets 2013: $212,303Liabilities 2013: $5,929Net Assets 2013: $206,3742013Assets 2014: $173,618Liabilities 2014: $4,442Net Assets 2014: $169,1762014Assets 2015: $212,269Liabilities 2015: $5,285Net Assets 2015: $206,9842015Assets 2016: $154,649Liabilities 2016: $1,792Net Assets 2016: $152,8572016Assets 2017: $114,049Liabilities 2017: $1,158Net Assets 2017: $112,8912017Assets 2018: $67,437Liabilities 2018: $11,562Net Assets 2018: $55,8752018Assets 2019: $77,059Liabilities 2019: $15,378Net Assets 2019: $61,6812019Assets 2020: $246,671Liabilities 2020: $35,000Net Assets 2020: $211,6712020Assets 2021: $457,261Liabilities 2021: $1,088Net Assets 2021: $456,1732021Assets 2022: $1,061,648Liabilities 2022: $14,615Net Assets 2022: $1,047,0332022Assets 2023: $1,015,978Liabilities 2023: $6,424Net Assets 2023: $1,009,5542023Assets 2024: $1,054,804Liabilities 2024: $8,437Net Assets 2024: $1,046,3672024Assets 2025: $1,087,838Liabilities 2025: $3,219Net Assets 2025: $1,084,6192025

Highlighted filing

2014

Assets$173,618
Liabilities$4,442
Net Assets$169,176

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $222,206Expenses 2011: $232,830Net Income 2011: -$10,6242011Revenue 2012: $234,595Expenses 2012: $276,725Net Income 2012: -$42,1302012Revenue 2013: $408,554Expenses 2013: $268,966Net Income 2013: $139,5882013Revenue 2014: $223,028Expenses 2014: $260,226Net Income 2014: -$37,1982014Revenue 2015: $237,596Expenses 2015: $276,014Net Income 2015: -$38,4182015Revenue 2016: $86,954Expenses 2016: $154,302Net Income 2016: -$67,3482016Revenue 2017: $314,261Expenses 2017: $311,684Net Income 2017: $2,5772017Revenue 2018: $292,194Expenses 2018: $318,834Net Income 2018: -$26,6402018Revenue 2019: $316,254Expenses 2019: $320,682Net Income 2019: -$4,4282019Revenue 2020: $428,695Expenses 2020: $263,119Net Income 2020: $165,5762020Revenue 2021: $549,672Expenses 2021: $305,170Net Income 2021: $244,5022021Revenue 2022: $960,917Expenses 2022: $371,655Net Income 2022: $589,2622022Revenue 2023: $431,515Expenses 2023: $455,615Net Income 2023: -$24,1002023Revenue 2024: $538,261Expenses 2024: $501,448Net Income 2024: $36,8132024Revenue 2025: $785,546Expenses 2025: $747,294Net Income 2025: $38,2522025

Highlighted filing

2014

Revenue$223,028
Expenses$260,226
Net Income-$37,198
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 24, 2015
Return Version
2014v5.0
Gross Receipts
$223,028
Mission and Program Overview

Mission

To empower and educate individuals

To empower and educate individuals to make informed decisions regarding unplanned pregnancy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,675$61,329▼ $24,346
Savings and Temporary Cash Investments$80,805$58,967▼ $21,838
Pledges and Grants Receivable$25,180$38,180▲ $13,000
Land, Buildings, and Equipment, Net$7,946$7,463▼ $483
Inventories for Sale or Use$9,043$5,679▼ $3,364
Prepaid Expenses and Deferred Charges$3,654$2,000▼ $1,654
Total Assets$212,303$173,618▼ $38,685
Liabilities
Accounts Payable and Accrued Expenses$5,929$4,442▼ $1,487
Total Liabilities$5,929$4,442▼ $1,487
Net Assets / Fund Balance
Unrestricted Net Assets$206,374$169,176▼ $37,198
Total Net Assets Fund Balance$206,374$169,176▼ $37,198
Total Liabilities and Net Assets / Fund Balance$212,303$173,618▼ $38,685

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,861$3,440-
Equipment$1,602$400-
Leasehold Improvements-$506-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rachel NguyenExecutive DirectorPT$40,596$40,596

Board Members and Trustees

NameTitle
John WheelerPresident
Paula CardilloVice President
David KriegerBoard Member
Paul LawrenceBoard Member
Gail FracassaSecretary
Nancy MichelettiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$223,020
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$0
All Other Contributions
$74,338
Change in Net Assets
$-37,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,711
Salaries, Compensation, and Employee Benefits$125,515
Total Fundraising Expense$52,968
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$16,066$30,174$29,151$75,391
Other Salaries and Wages$57,152$12,049$6,066$75,267
Current Officers, Directors, Trustees, and Key Employees$10,596$20,000$10,000$40,596
Occupancy$6,000$12,566$6,000$24,566
Information Technology$0$14,064$0$14,064
Payroll Taxes$5,598$2,703$1,351$9,652
Advertising$6,075$0$0$6,075
Office Expenses$0$4,257$0$4,257
Travel$1,991$0$0$1,991
Fees for Services Accounting$0$1,038$0$1,038
Depreciation Depletion$482$0$0$482
Other Expenses$0$358$0$358
Total Functional Expenses$109,849$97,409$52,968$260,226
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet----
Bottle Even----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Carenet - Rhode Island Inc
EIN
05-0439164
Phone
4019412051
Address
35 GREENWICH STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Rachel H Nguyen
Title
Executive Director
Phone
4019412051
Signed
2015-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel H Nguyen
Formed
1987
Legal Domicile
Ri
Voting Board Members
8
Independent Board Members
6
Employees
4
Volunteers
25

Preparer

Firm
Parmelee Poirier & Associates LLP
Address
469 Centerville Road Suite 203, Warwick, RI 02886
Preparer
Bernard a Poirier CPA
Phone
4017380010
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

The entity states in its fundraising activities and literature that the Form 990 and governing documents are available upon request.

Pt VI, Line 11B

The Executive Director reviews the Form 990 and the entity Financial statements prior to filing the return. Meeting with Board is also scheduled.

Pt VI, Line 15A

the Board approves Executive Directors compensation

Pt VI, Line 15B

The Board approves any compensations

Form 990, Part IX, Line 24F

Dues 961. 961. Uncollectible pledges payroll service 1725. 0. 1725. 0. Financial service fees training 3926. 0. 3926. 0. Charitable contributions 15372. 61. 15311. 0. Gifts 1077. 1077. 0. 0. Insurance 3129. 0. 3129. 0. Furniture & equip 2847. 0. 2847. 0. Repairs & maint 3236. 0. 3236. 0. Hospitality 177. 177. 0. 0. Fundraising & outreach 29151. 0. 0. 29151. Programs 659. 659. 0. 0. Inventory 13131. 13131. 0. 0.

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt032
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt032
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01150951
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0198587
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0290754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0234590
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0222199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0204821
IRS990ScheduleA/Total509Grp/TotalAmt01150951
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01150983
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0400
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02002
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0506
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0506
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05861
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03440
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt09301
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07463
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BOTTLE EVEN
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The entity states in its fundraising activities and literature that the Form 990 and governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director reviews the Form 990 and the entity Financial statements prior to filing the return. Meeting with Board is also scheduled.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the Board approves Executive Directors compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board approves any compensations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES 961. 961. UNCOLLECTIBLE PLEDGES PAYROLL SERVICE 1725. 0. 1725. 0. FINANCIAL SERVICE FEES TRAINING 3926. 0. 3926. 0. CHARITABLE CONTRIBUTIONS 15372. 61. 15311. 0. GIFTS 1077. 1077. 0. 0. INSURANCE 3129. 0. 3129. 0. FURNITURE & EQUIP 2847. 0. 2847. 0. REPAIRS & MAINT 3236. 0. 3236. 0. HOSPITALITY 177. 177. 0. 0. FUNDRAISING & OUTREACH 29151. 0. 0. 29151. PROGRAMS 659. 659. 0. 0. INVENTORY 13131. 13131. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0212303
IRS990/TotalAssetsEOYAmt0173618
IRS990/TotalAssetsGrp/BOYAmt0212303
IRS990/TotalAssetsGrp/EOYAmt0173618
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0223020
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt052968
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097409
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0109849
IRS990/TotalFunctionalExpensesGrp/TotalAmt0260226
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05929
IRS990/TotalLiabilitiesEOYAmt04442
IRS990/TotalLiabilitiesGrp/BOYAmt05929
IRS990/TotalLiabilitiesGrp/EOYAmt04442
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0206374
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0169176
IRS990/TotalProgramServiceExpensesAmt0109849
IRS990/TotalReportableCompFromOrgAmt040596
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0223028
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0212303
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0173618
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01991
IRS990/TravelGrp/TotalAmt01991
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0206374
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0169176
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt035 GREENWICH STREET
IRS990/USAddress/CityNm0PROVIDENCE
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002907
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RACHEL H NGUYEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04019412051
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARENET - RHODE ISLAND INC
ReturnHeader/Filer/BusinessNameControlTxt0CARE
ReturnHeader/Filer/EIN0050439164
ReturnHeader/Filer/PhoneNum04019412051
ReturnHeader/Filer/USAddress/AddressLine1Txt035 GREENWICH STREET
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002907
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Parmelee Poirier & Associates LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0469 Centerville Road Suite 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warwick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002886
ReturnHeader/PreparerPersonGrp/PhoneNum04017380010
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BERNARD A POIRIER CPA
ReturnHeader/ReturnTs02015-08-13T10:45:44-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.08$0.79$0.75$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.05$0.54$0.50$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.01$1.01$0.43$0.46$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.01$1.05$0.96$0.37$0.59
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$0.55$0.31$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.04$0.21$0.43$0.26$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.02$0.06$0.32$0.32$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.01$0.06$0.29$0.32$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.31$0.31$0.00
2016Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.09$0.15$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.01$0.21$0.24$0.28$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.22$0.26$0.04
2013Summary only. Only limited summary data is available for this year.$0.21$0.01$0.21$0.41$0.27$0.14
2012Summary only. Only limited summary data is available for this year.$0.08$0.01$0.07$0.23$0.28$0.04
2011Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.22$0.23$0.01