Civic Intelligence

Rhode Island Construction Training Academy

990 • Fiscal year 2023 • EIN 05-0467283

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 30, 2023

249 Roosevelt Avenue Box 4 Suite 10Pawtucket, RI 02860

(401) 305-3510

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.15x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.25x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

87th percentile

$101,243

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

29th percentile

-3.6%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-9.3%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$642,271

Down $24,123 (-3.6%) from 2022

Net Assets

Down

$547,009

Down $50,724 (-8.5%) from 2022

Liabilities

Up

$95,262

Up $26,601 (+39%) from 2022

Revenue

Down

$386,152

Down $39,403 (-9.3%) from 2022

Expenses

Up

$436,876

Up $8,335 (+1.9%) from 2022

Net Income

Down

-$50,724

Down $47,738 (-1599%) from 2022

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

2023

Assets$642,271
Liabilities$95,262
Net Assets$547,009

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

2023

Revenue$386,152
Expenses$436,876
Net Income-$50,724
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 30, 2023
Return Version
2022v5.0
Gross Receipts
$386,152
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$380,708$383,980▲ $3,272
Land, Buildings, and Equipment, Net$223,297$205,694▼ $17,603
Cash and Non-Interest-Bearing Accounts$57,529$51,702▼ $5,827
Accounts Receivable$4,860$895▼ $3,965
Total Assets$666,394$642,271▼ $24,123
Liabilities
Deferred Revenue$43,860$64,806▲ $20,946
Other Liabilities$24,801$30,402▲ $5,601
Accounts Payable and Accrued Expenses-$54-
Total Liabilities$68,661$95,262▲ $26,601
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$597,733$546,759▼ $50,974
Net Assets With Donor Restrictions-$250-
Total Net Assets Fund Balance$597,733$547,009▼ $50,724
Total Liabilities and Net Assets / Fund Balance$666,394$642,271▼ $24,123

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$193,695$103,082$296,777
Equipment$9,024$34,869$43,893
Other Land Buildings$2,975$15,379$18,354
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marc BialekPresident Start 1/1/22--$101,243$101,243
Kristen BresciaEducation DirectorFT$79,122$12,965$92,087
Michael MurzyckiDirector-$7,640-$7,640
Louis Petrucci JrDirector-$6,930-$6,930

Board Members and Trustees

NameTitle
Cathy AndradeChair
Lynn KentChair Elect
Terry BrownImmediate Past Chair
Angelo BalassoneDirector
Antonio GrilloDirector
Cole WhiteheadDirector
Dave ConroyDirector
Michael J RafteryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$250
Program Service Revenue
$381,833
Investment Income
$3,295
Other Revenue
$774
All Other Contributions
$250
Change in Net Assets
$-50,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$238,251
Other Expenses$198,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$84,928$28,309$0$113,237
Other Salaries and Wages$105,244$0$0$105,244
Occupancy$73,628$8,181$0$81,809
Fees for Services Management$0$24,345$0$24,345
Payroll Taxes$17,208$2,562$0$19,770
Depreciation Depletion$15,843$1,760$0$17,603
Insurance$6,914$1,729$0$8,643
Other Expenses$0$2,282$0$2,282
Fees for Services Accounting$0$1,600$0$1,600
Fees for Services Other$0$1,487$0$1,487
Advertising$745$0$0$745
Office Expenses$382$0$0$382
Travel$206$0$0$206
Total Functional Expenses$364,621$72,255$0$436,876
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$30,402
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Rhode Island Construction Training Academy
EIN
05-0467283
Phone
4013053510
Address
249 ROOSEVELT AVENUE BOX 4 SUITE 10, PAWTUCKET, RI 02860

Signing Officer

Name
Marc Bialek
Title
President
Phone
4013053510
Signed
2023-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Bialek
Formed
1992
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
22
Volunteers
11

Preparer

Firm
Caliri Mancini & Barbieri Pc
Address
1 Worthington Rd, Cranston, RI 02920
Preparer
Nancy L Mancini
Phone
4012683926
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

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

Pt VI, Line 12C

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

Pt VI, Line 15A

Compensation process for top official - this is done by the executive committee.

Pt VI, Line 19

The governing documents, policies and financial statements may be made available upon request.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT START 1/1/22
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IRS990/OtherExpensesGrp/TotalAmt16634
IRS990/OtherExpensesGrp/TotalAmt22282
IRS990/OtherLiabilitiesGrp/BOYAmt024801
IRS990/OtherLiabilitiesGrp/EOYAmt030402
IRS990/OtherRevenueMiscGrp/BusinessCd0611519
IRS990/OtherRevenueMiscGrp/Desc0MERCHANT SERVICE CASH REWARD
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0524
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0524
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0524
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0105244
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105244
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02562
IRS990/PayrollTaxesGrp/ProgramServicesAmt017208
IRS990/PayrollTaxesGrp/TotalAmt019770
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARC BIALEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611519
IRS990/ProgramServiceRevenueGrp/BusinessCd1611519
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND BOOKS
IRS990/ProgramServiceRevenueGrp/Desc1MAKE UP CLASSES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0377253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14580
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt039137
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02395
IRS990/PYInvestmentIncomeAmt01628
IRS990/PYOtherExpensesAmt0201798
IRS990/PYOtherRevenueAmt0266
IRS990/PYProgramServiceRevenueAmt0384524
IRS990/PYRevenuesLessExpensesAmt0-2986
IRS990/PYSalariesCompEmpBnftPaidAmt0224348
IRS990/PYTotalExpensesAmt0428541
IRS990/PYTotalRevenueAmt0425555
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-50724
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0250
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0381833
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0380708
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0383980
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt09024
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043893
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0193695
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0103082
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0296777
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02975
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015379
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030402
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0205694
IRS990ScheduleD/TotalLiabilityAmt030402
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIAL - THIS IS DONE BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS MAY BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Associated Builders & Contractors of RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050461806
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Membership Org.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0249 Roosevelt Ave Box 4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Pawtucket
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002860
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0ASSOCIATED BUILDERS AND CONTRACTORS OF RHODE ISLAND, INC. ("ABC RI") PROVIDES MANAGEMENT/ADMINISTRATIVE SERVICES TO RHODE ISLAND CONSTRUCTION TRAINING ACADEMY ("RICTA"). THE PRESIDENT OF ABC RI ALSO SERVES AS A NON-VOTING MEMBER OF THE RICTA BOARD AS PRESIDENT.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0V, LINE 1 o
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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