Civic Intelligence

First Free Methodist Church

990EZ • Fiscal year 2023 • EIN 05-0470809

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 05, 2024

Organization Profile
17 Narragansett AveProvidence, RI 02907

(401) 780-0707

Siviq Scores

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

Liabilities / Assets

90th percentile

0.51x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.19x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

38th percentile

-1.8%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$26,333

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 29.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

53rd percentile

6.8%

Faster revenue growth than 53% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets90th percentile

Assets

Flat

$204,553

Flat from 2022

Net Assets

Down

$93,118

Down $1,582 (-1.7%) from 2022

Liabilities

Down

$105,204

Down $4,649 (-4.2%) from 2022

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin38th percentile

Revenue

Up

$88,275

Up $5,627 (+6.8%) from 2022

Expenses

Up

$89,857

Up $12,092 (+16%) from 2022

Net Income

Down

-$1,582

Down $6,465 (-132%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$300K$200K$100K$0Assets 2013: $866Liabilities 2013: $02013Assets 2014: $1,348Liabilities 2014: $02014Assets 2015: $180,555Liabilities 2015: $143,616Net Assets 2015: $30,6242015Assets 2016: $183,905Liabilities 2016: $143,616Net Assets 2016: $40,2892016Assets 2017: $182,506Liabilities 2017: $134,018Net Assets 2017: $48,4882017Assets 2018: $181,669Liabilities 2018: $130,434Net Assets 2018: $51,2352018Assets 2019: $174,645Liabilities 2019: $123,382Net Assets 2019: $51,2632019Assets 2020: $174,556Liabilities 2020: $123,046Net Assets 2020: $51,5102020Assets 2021: $207,963Liabilities 2021: $116,104Net Assets 2021: $91,8592021Assets 2022: $204,553Liabilities 2022: $109,853Net Assets 2022: $94,7002022Assets 2023: $204,553Liabilities 2023: $105,204Net Assets 2023: $93,1182023Assets 2024: $205,376Liabilities 2024: $94,103Net Assets 2024: $111,2732024

Highlighted filing

2023

Assets$204,553
Liabilities$105,204
Net Assets$93,118
Open 2023 Filing

Operations Trend

Revenue Growth53rd percentile

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

$100K$50K$0-$50KRevenue 2013: $66,006Expenses 2013: $37,102Net Income 2013: $28,9042013Revenue 2014: $53,607Expenses 2014: $48,383Net Income 2014: $5,2242014Revenue 2015: $53,432Expenses 2015: $57,255Net Income 2015: -$3,8232015Revenue 2016: $62,548Expenses 2016: $31,416Net Income 2016: $31,1322016Revenue 2017: $74,345Expenses 2017: $67,680Net Income 2017: $6,6652017Revenue 2018: $81,835Expenses 2018: $74,016Net Income 2018: $7,8192018Revenue 2019: $71,724Expenses 2019: $76,851Net Income 2019: -$5,1272019Revenue 2020: $62,153Expenses 2020: $49,860Net Income 2020: $12,2932020Revenue 2021: $60,776Expenses 2021: $54,177Net Income 2021: $6,5992021Revenue 2022: $82,648Expenses 2022: $77,765Net Income 2022: $4,8832022Revenue 2023: $88,275Expenses 2023: $89,857Net Income 2023: -$1,5822023Revenue 2024: $89,043Expenses 2024: $65,237Net Income 2024: $23,8062024

Highlighted filing

2023

Revenue$88,275
Expenses$89,857
Net Income-$1,582
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 5, 2024
Return Version
2023v5.0
Gross Receipts
$88,275
Mission and Program Overview

Mission

CHURCH ORG

Program Services

DescriptionGrantsExpenses
church--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TEOFILO JIMENEZPastorFT$26,333-$26,333
Filing and Contact Details

Filer

Filer Name
First Free Methodist Church
EIN
05-0470809
Phone
4017800707
Address
17 NARRAGANSETT AVE, PROVIDENCE, RI 02907

Signing Officer

Name
Argentina Olivo
Title
Treasurer
Phone
4017800707
Signed
2024-06-05
Discuss with paid preparer
No

Preparer

Firm
Tropical Income Tax Service Inc
Address
1545 WESTMINSTER ST, PROVIDENCE, RI 02909
Preparer
Marcos R Olivo
Phone
4014215811
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: LOAN BANK INTEREST Amount: 4648”

Part I, line 16

“Description: FIRE INSURANCE Amount: 863”

Part I, line 16

“Description: PRINCIPAL BALANCE PAID TO BANK Amount: 11418”

Part I, line 16

“Description: CHURCH INCOME TAX PREPARATION Amount: 190”

Part I, line 16

“Description: DEPRECIATION (FORM 4562) Amount: 1861”

Part I, line 16

“Description: OTHER GENERAL MISC EXPENSES Amount: 43036”

Part I, line 16

“Description: Amount: 0”

Part I, line 16

“Description: TELEPHONE Amount: 1508”

Part II, line 26

“Description: BANK LOAN FOR CHURCH BUILDING BOY Amount: 109853 EOY Amount: 105204”

Raw XML Appendix115 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ARGENTINA OLIVO
IRS990EZ/BooksInCareOfDetail/PhoneNum04016541434
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt017 NARRAGANSETT AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002907
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01553
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01553
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt088275
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1582
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0204553
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0204553
IRS990EZ/GrossReceiptsAmt088275
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0203000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0203000
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt094700
IRS990EZ/NetAssetsOrFundBalancesEOYAmt093118
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt094700
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt099349
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt026333
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TEOFILO JIMENEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PASTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt063524
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHURCH ORG
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0church
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt026333
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0109853
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0105204
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt089857
IRS990EZ/TotalRevenueAmt088275
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: LOAN BANK INTEREST Amount: 4648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: FIRE INSURANCE Amount: 863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: PRINCIPAL BALANCE PAID TO BANK Amount: 11418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: CHURCH INCOME TAX PREPARATION Amount: 190
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: DEPRECIATION (FORM 4562) Amount: 1861
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: OTHER GENERAL MISC EXPENSES Amount: 43036
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: Amount: 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description: TELEPHONE Amount: 1508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description: BANK LOAN FOR CHURCH BUILDING BOY Amount: 109853 EOY Amount: 105204
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ARGENTINA OLIVO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04017800707
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST FREE METHODIST CHURCH
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0050470809
ReturnHeader/Filer/PhoneNum04017800707
ReturnHeader/Filer/USAddress/AddressLine1Txt017 NARRAGANSETT AVE
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002907
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050486542
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TROPICAL INCOME TAX SERVICE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01545 WESTMINSTER ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002909
ReturnHeader/PreparerPersonGrp/PhoneNum04014215811
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARCOS R OLIVO
ReturnHeader/ReturnTs02024-06-07T16:33:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ARGENTINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLIVO
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$204,553
Liabilities
$105,204
Net assets
$93,118
Revenue
$88,275
Expenses
$89,857
Net income
-$1,582
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.05$0.94$1.11$0.89$0.65$0.24
2023Detailed filing. Detailed filing data is available for this year.$2.05$1.05$0.93$0.88$0.90$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$1.10$0.95$0.83$0.78$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.08$1.16$0.92$0.61$0.54$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$1.23$0.52$0.62$0.50$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$1.23$0.51$0.72$0.77$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$1.30$0.51$0.82$0.74$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$1.34$0.48$0.74$0.68$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.84$1.44$0.40$0.63$0.31$0.31
2015Detailed filing. Detailed filing data is available for this year.$1.81$1.44$0.31$0.53$0.57$0.04
2014Summary only. Only limited summary data is available for this year.$0.01$0.00$0.54$0.48$0.05
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.66$0.37$0.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits