Civic Intelligence

Rhode Island Construction Training Academy

990 • Fiscal year 2020 • EIN 05-0467283

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

249 Roosevelt Avenue Box 4 Ste 10Pawtucket, RI 02860

(401) 305-3510

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.12x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.19x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$71,536

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

73rd percentile

27%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

19%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$695,095

Up $146,052 (+27%) from 2019

Net Assets

Up

$610,255

Up $97,422 (+19%) from 2019

Liabilities

Up

$84,840

Up $48,630 (+134%) from 2019

Revenue

Up

$438,460

Up $70,798 (+19%) from 2019

Expenses

Up

$379,945

Up $53,099 (+16%) from 2019

Net Income

Up

$58,515

Up $17,699 (+43%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $369,315Liabilities 2010: $215,498Net Assets 2010: $153,8172010Assets 2011: $265,028Liabilities 2011: $56,575Net Assets 2011: $208,4532011Assets 2012: $254,908Liabilities 2012: $59,085Net Assets 2012: $195,8232012Assets 2013: $246,754Liabilities 2013: $59,219Net Assets 2013: $187,5352013Assets 2014: $258,454Liabilities 2014: $51,282Net Assets 2014: $207,1722014Assets 2015: $269,739Liabilities 2015: $14,232Net Assets 2015: $255,5072015Assets 2016: $328,692Liabilities 2016: $15,379Net Assets 2016: $313,3132016Assets 2017: $376,325Liabilities 2017: $27,260Net Assets 2017: $349,0652017Assets 2018: $493,966Liabilities 2018: $19,295Net Assets 2018: $474,6712018Assets 2019: $549,043Liabilities 2019: $36,210Net Assets 2019: $512,8332019Assets 2020: $695,095Liabilities 2020: $84,840Net Assets 2020: $610,2552020Assets 2021: $687,256Liabilities 2021: $86,540Net Assets 2021: $600,7162021Assets 2022: $666,394Liabilities 2022: $68,661Net Assets 2022: $597,7332022Assets 2023: $642,271Liabilities 2023: $95,262Net Assets 2023: $547,0092023Assets 2024: $610,319Liabilities 2024: $93,568Net Assets 2024: $516,7512024

Highlighted filing

2020

Assets$695,095
Liabilities$84,840
Net Assets$610,255

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $219,816Expenses 2010: $263,415Net Income 2010: -$43,5992010Revenue 2011: $171,071Expenses 2011: $116,435Net Income 2011: $54,6362011Revenue 2012: $209,011Expenses 2012: $218,641Net Income 2012: -$9,6302012Revenue 2013: $215,568Expenses 2013: $223,856Net Income 2013: -$8,2882013Revenue 2014: $266,352Expenses 2014: $246,715Net Income 2014: $19,6372014Revenue 2015: $316,775Expenses 2015: $268,440Net Income 2015: $48,3352015Revenue 2016: $322,481Expenses 2016: $264,675Net Income 2016: $57,8062016Revenue 2017: $319,088Expenses 2017: $283,336Net Income 2017: $35,7522017Revenue 2018: $373,321Expenses 2018: $303,245Net Income 2018: $70,0762018Revenue 2019: $367,662Expenses 2019: $326,846Net Income 2019: $40,8162019Revenue 2020: $438,460Expenses 2020: $379,945Net Income 2020: $58,5152020Revenue 2021: $386,889Expenses 2021: $396,428Net Income 2021: -$9,5392021Revenue 2022: $425,555Expenses 2022: $428,541Net Income 2022: -$2,9862022Revenue 2023: $386,152Expenses 2023: $436,876Net Income 2023: -$50,7242023Revenue 2024: $397,506Expenses 2024: $427,764Net Income 2024: -$30,2582024

Highlighted filing

2020

Revenue$438,460
Expenses$379,945
Net Income$58,515
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.2
Gross Receipts
$438,460
Mission and Program Overview

Mission

The school's mission is to provide education and training in the contract trades.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$49,492$377,029▲ $327,537
Land, Buildings, and Equipment, Net$216,734$258,996▲ $42,262
Cash and Non-Interest-Bearing Accounts$281,146$22,311▼ $258,835
Accounts Receivable-$20,431-
Prepaid Expenses and Deferred Charges$1,671--
Total Assets$549,043$695,095▲ $146,052
Other Assets Total$0$16,328▲ $16,328
Liabilities
Unsecured Notes Loans Payable-$35,452-
Deferred Revenue$36,210$31,055▼ $5,155
Other Liabilities$0$13,600▲ $13,600
Accounts Payable and Accrued Expenses-$4,733-
Total Liabilities$36,210$84,840▲ $48,630
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$512,833$610,255▲ $97,422
Total Net Assets Fund Balance$512,833$610,255▲ $97,422
Total Liabilities and Net Assets / Fund Balance$549,043$695,095▲ $146,052

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$217,239$79,538$296,777
Equipment$31,213$12,680$43,893
Other Land Buildings$10,544$7,810$18,354
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristen BresciaEducation DirectorFT$71,536$71,536

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$436,061
Investment Income
$2,099
Other Revenue
$300
Change in Net Assets
$58,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$196,975
Salaries, Compensation, and Employee Benefits$182,970
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$83,836--$83,836
Current Officers, Directors, Trustees, and Key Employees$61,819$20,606-$82,425
Occupancy$63,270$7,030-$70,300
Payroll Taxes$14,638$2,071-$16,709
Depreciation Depletion$14,406$1,601-$16,007
All Other Expenses-$9,181-$9,181
Insurance$5,494$1,374-$6,868
Other Expenses$3,230$1,076-$4,306
Advertising$3,323--$3,323
Fees for Services Accounting-$1,375-$1,375
Conferences and Meetings$944--$944
Travel$700--$700
Fees for Services Legal-$20-$20
Total Functional Expenses$316,973$62,972$0$379,945
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$13,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed at a board of directors meeting.

Form 990, Part VI, Section B, Line 12C

Enforcement of conflicts policy - this is done at the annual board of directors orientation.

Form 990, Part VI, Section B, Line 15A

Compenssation profess for top official - this is done by the executive committee.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Ri Construction Academy
EIN
05-0467283
Phone
4013053510
Address
249 ROOSEVELT AVENUE BOX 4 STE 10, PAWTUCKET, RI 02860

Signing Officer

Name
Maureen Grillo
Title
President
Phone
4013053510
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maureen Grillo
Formed
1992
Legal Domicile
Ri
Voting Board Members
11
Independent Board Members
11
Employees
32
Volunteers
0

Preparer

Firm
Lee & Crowley LLC
Address
76 CANAL STREET SUITE 300, BOSTON, MA 02114
Preparer
Ryan Crowley
Phone
6173568220
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization changed its accounting method from the cash basis to the accrual basis effective july 1, 2019.

FORM 990, PART XII, LINE 2C:

The board of directors is responsible for oversight of the review engagement.

Raw XML AppendixShowing 400 of 430 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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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0433875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11690
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0433875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2496
IRS990/ProgSrvcAccomActy2Grp/Desc0N/A
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt036
IRS990/PYOtherExpensesAmt0156083
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0367626
IRS990/PYRevenuesLessExpensesAmt040816
IRS990/PYSalariesCompEmpBnftPaidAmt0170763
IRS990/PYTotalExpensesAmt0326846
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0367662
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt058515
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0436061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049492
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0377029
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt031213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012680
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043893
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0217239
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt079538
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0296777
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010544
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07810
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0258996
IRS990ScheduleD/TotalLiabilityAmt013600
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL ADVERTISMENTS AND PUBLICATIONS CONTAIN OUR RACIALLY NON-DISCRIMINATORY POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AT A BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY - THIS IS DONE AT THE ANNUAL BOARD OF DIRECTORS ORIENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSSATION PROFESS FOR TOP OFFICIAL - THIS IS DONE BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD FROM THE CASH BASIS TO THE ACCRUAL BASIS EFFECTIVE JULY 1, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE REVIEW ENGAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0549043
IRS990/TotalAssetsEOYAmt0695095
IRS990/TotalAssetsGrp/BOYAmt0549043
IRS990/TotalAssetsGrp/EOYAmt0695095
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062972
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0316973
IRS990/TotalFunctionalExpensesGrp/TotalAmt0379945
IRS990/TotalGrossUBIAmt0300
IRS990/TotalLiabilitiesBOYAmt036210
IRS990/TotalLiabilitiesEOYAmt084840
IRS990/TotalLiabilitiesGrp/BOYAmt036210
IRS990/TotalLiabilitiesGrp/EOYAmt084840
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0512833
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0610255
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0316973
IRS990/TotalProgramServiceRevenueAmt0436061
IRS990/TotalReportableCompFromOrgAmt071536
IRS990/TotalRevenueGrp/ExclusionAmt02099
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0436061
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0438460
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0300
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0549043
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0695095
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0700
IRS990/TravelGrp/TotalAmt0700
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt035452
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0249 ROOSEVELT AVENUE BOX 4 STE 102
IRS990/USAddress/CityNm0PAWTUCKET
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002860
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.10$0.94$5.17$3.98$4.28$0.30
2023Detailed filing. Detailed filing data is available for this year.$6.42$0.95$5.47$3.86$4.37$0.51
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.66$0.69$5.98$4.26$4.29$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$0.87$6.01$3.87$3.96$0.10
2020Detailed filing. Detailed filing data is available for this year.$6.95$0.85$6.10$4.38$3.80$0.59
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$0.36$5.13$3.68$3.27$0.41
2018Detailed filing. Detailed filing data is available for this year.$4.94$0.19$4.75$3.73$3.03$0.70
2017Detailed filing. Detailed filing data is available for this year.$3.76$0.27$3.49$3.19$2.83$0.36
2016Detailed filing. Detailed filing data is available for this year.$3.29$0.15$3.13$3.22$2.65$0.58
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.14$2.56$3.17$2.68$0.48
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.51$2.07$2.66$2.47$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.59$1.88$2.16$2.24$0.08
2012Summary only. Only limited summary data is available for this year.$2.55$0.59$1.96$2.09$2.19$0.10
2011Summary only. Only limited summary data is available for this year.$2.65$0.57$2.08$1.71$1.16$0.55
2010Summary only. Only limited summary data is available for this year.$3.69$2.15$1.54$2.20$2.63$0.44