Civic Intelligence

Provport Inc.

990 • Fiscal year 2015 • EIN 05-0479488

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 21, 2015

Organization ProfileWWW.PROVPORT.COM
35 Terminal Road No 200Providence, RI 02905-5507

(401) 781-4717

Siviq Scores

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

Liabilities / Assets

77th percentile

0.62x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

3.35x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

66th percentile

9.9%

Higher net margin than 66% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

45th percentile

$225,000

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

41st percentile

-0.1%

Faster asset growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

30th percentile

-2.1%

Faster revenue growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$40,050,012

Down $27,844 (-0.1%) from 2014

Net Assets

Up

$15,173,493

Up $733,761 (+5.1%) from 2014

Liabilities

Down

$24,876,519

Down $761,605 (-3.0%) from 2014

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin66th percentile

Revenue

Down

$7,419,305

Down $155,882 (-2.1%) from 2014

Expenses

Up

$6,685,544

Up $64,832 (+1.0%) from 2014

Net Income

Down

$733,761

Down $220,714 (-23%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$80M$60M$40M$20M$0Assets 2011: $32,073,625Liabilities 2011: $28,751,353Net Assets 2011: $3,322,2722011Assets 2012: $32,553,132Liabilities 2012: $28,767,835Net Assets 2012: $3,785,2972012Assets 2013: $43,174,375Liabilities 2013: $29,689,118Net Assets 2013: $13,485,2572013Assets 2014: $40,077,856Liabilities 2014: $25,638,124Net Assets 2014: $14,439,7322014Assets 2015: $40,050,012Liabilities 2015: $24,876,519Net Assets 2015: $15,173,4932015Assets 2016: $47,958,242Liabilities 2016: $30,527,493Net Assets 2016: $17,430,7492016Assets 2017: $46,486,138Liabilities 2017: $27,205,928Net Assets 2017: $19,280,2102017Assets 2018: $45,382,014Liabilities 2018: $24,689,377Net Assets 2018: $20,692,6372018Assets 2019: $44,842,351Liabilities 2019: $22,137,048Net Assets 2019: $22,705,3032019Assets 2020: $46,560,507Liabilities 2020: $24,759,713Net Assets 2020: $21,800,7942020Assets 2021: $45,069,804Liabilities 2021: $22,965,208Net Assets 2021: $22,104,5962021Assets 2022: $45,314,013Liabilities 2022: $25,011,780Net Assets 2022: $20,302,2332022Assets 2023: $50,534,724Liabilities 2023: $30,800,763Net Assets 2023: $19,733,9612023Assets 2024: $63,150,181Liabilities 2024: $42,592,614Net Assets 2024: $20,557,5672024

Highlighted filing

2015

Assets$40,050,012
Liabilities$24,876,519
Net Assets$15,173,493
Open 2015 Filing

Operations Trend

Revenue Growth30th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $7,005,1622011Expenses 2012: $7,807,3742012Revenue 2013: $16,032,142Expenses 2013: $6,332,182Net Income 2013: $9,699,9602013Revenue 2014: $7,575,187Expenses 2014: $6,620,712Net Income 2014: $954,4752014Revenue 2015: $7,419,305Expenses 2015: $6,685,544Net Income 2015: $733,7612015Revenue 2016: $8,587,935Expenses 2016: $6,330,679Net Income 2016: $2,257,2562016Revenue 2017: $9,846,102Expenses 2017: $7,996,641Net Income 2017: $1,849,4612017Revenue 2018: $9,181,893Expenses 2018: $7,769,466Net Income 2018: $1,412,4272018Revenue 2019: $8,997,181Expenses 2019: $6,984,515Net Income 2019: $2,012,6662019Revenue 2020: $10,060,167Expenses 2020: $10,964,676Net Income 2020: -$904,5092020Revenue 2021: $10,264,639Expenses 2021: $9,960,837Net Income 2021: $303,8022021Revenue 2022: $11,716,204Expenses 2022: $13,518,567Net Income 2022: -$1,802,3632022Revenue 2023: $14,666,567Expenses 2023: $15,234,839Net Income 2023: -$568,2722023Revenue 2024: $14,994,728Expenses 2024: $14,171,122Net Income 2024: $823,6062024

Highlighted filing

2015

Revenue$7,419,305
Expenses$6,685,544
Net Income$733,761
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 21, 2015
Return Version
2014v5.0
Gross Receipts
$7,419,305
Mission and Program Overview

Mission

Development of the port of providence

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,540,508$24,920,858▼ $619,650
Rtn Earn Endowment Incm Other Fnds$14,439,732$15,173,493▲ $733,761
Savings and Temporary Cash Investments$4,845,139$5,871,142▲ $1,026,003
Pledges and Grants Receivable$2,027,860$2,027,860→ $0
Cash and Non-Interest-Bearing Accounts$713,986$944,319▲ $230,333
Accounts Receivable$1,185,588$588,694▼ $596,894
Intangible Assets$512,929$459,261▼ $53,668
Prepaid Expenses and Deferred Charges$41,606$27,638▼ $13,968
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$40,077,856$40,050,012▼ $27,844
Other Assets Total$5,210,240$5,210,240→ $0
Liabilities
Other Liabilities$20,637,074$19,750,943▼ $886,131
Accounts Payable and Accrued Expenses$4,865,743$4,842,139▼ $23,604
Deferred Revenue$135,307$283,437▲ $148,130
Total Liabilities$25,638,124$24,876,519▼ $761,605
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,439,732$15,173,493▲ $733,761
Total Liabilities and Net Assets / Fund Balance$40,077,856$40,050,012▼ $27,844

Asset Categories

AssetBook ValueDepreciationBasis
Land$11,958,447-$11,958,447
Equipment$10,643,335$937,239$11,580,574
Buildings$2,008,496$7,649,707$9,658,203
Other Land Buildings$310,580-$310,580
Other Assets Org$5,210,240--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William Brody EsqSecretaryFT$192,000$33,000$225,000

Board Members and Trustees

NameTitle
Paul MouraChairman
Gary WaldronDirector
John LopesDirector
Joseph McgonagleDirector
Susan FabrizioDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Waterson Terminal Services LLCTerminal Management35 TERMINAL ROAD SUITE 200, Providence, RI 02905$3,655,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,416,365
Investment Income
$2,940
Other Revenue
$0
Change in Net Assets
$733,761

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,416,365
Revenue Not Reported on Financial Statements
$2,940
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,940
Total Revenue per Audited Statements
$7,416,365
Total Revenue per Form 990
$7,419,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,067,780
Grants and Similar Amounts Paid$382,658
Salaries, Compensation, and Employee Benefits$235,106
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$3,655,000--$3,655,000
Interest$1,228,211--$1,228,211
Depreciation Depletion$854,977--$854,977
Grants to Domestic Orgs$382,658--$382,658
Comp Disqual Persons$192,000--$192,000
Insurance$97,412--$97,412
Fees for Services Other$73,607--$73,607
Fees for Services Legal$54,570--$54,570
Fees for Services Accounting$43,200--$43,200
Other Employee Benefits$32,725--$32,725
Travel$30,070--$30,070
Payroll Taxes$10,381--$10,381
Office Expenses$3,450--$3,450
Other Expenses$661--$661
Advertising$400--$400
Total Functional Expenses$6,685,544$0$0$6,685,544

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,685,544
Expenses per Audited Statements$6,682,604
Total Expenses per Audited Statements$6,682,604
Expenses Not Reported on Financial Statements$2,940
Other Expense Adjustments$2,940
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of ProvidenceProvidence, RI115Revenue Sharing Agreement$345,158
Providence Redevelopment AgencyProvidence, RI115Community Development Grant$24,000
City of ProvidenceProvidence, RI115Various Schools$13,500
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
Lease Payable$19,405,785
Due to City of Providence$345,158
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegates its day to day general management duties to a management company. The board of directors maintains all decision making duties involving cash restrictions, transfers and any expenditures not previously approved as part of the operating budget.”

Form 990, Part VI, Section A, Line 8B

“The governing body has not appointed any committee with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11

“The board of directors reviews the form 990 for disclosure purposes as well as for agreement with the audited financial statements prior to its filing.”

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

“All new contracts, agreements, customer and vendor relationships must be presented to the board of directors for due diligence prior to approval.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Provport Inc
EIN
05-0479488
Phone
4017814717
Address
35 TERMINAL ROAD NO 200, PROVIDENCE, RI 02905-5507

Signing Officer

Name
William Brody Esq
Title
Secretary
Phone
4017814717
Signed
2015-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Brody Esq
Formed
1994
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
0

Preparer

Firm
Lgc&d Llp
Address
TEN WEYBOSSET STREET - SUITE 700, PROVIDENCE, RI 02903
Preparer
Gerald Iadeluca
Phone
4014214800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have been made with respect to the oversight or selection process during the tax year.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Interest income netted with interest expense”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Interest income netted with interest expense”

Raw XML AppendixShowing 400 of 539 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/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0TENANT LEASES
IRS990/ProgramServiceRevenueGrp/Desc1WHARFAGE
IRS990/ProgramServiceRevenueGrp/Desc2DOCKAGE
IRS990/ProgramServiceRevenueGrp/Desc3CRANE USAGE
IRS990/ProgramServiceRevenueGrp/Desc4SECURITY ASSESSMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03463742
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12048473
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21012946
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3518835
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4311674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03463742
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12048473
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21012946
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3518835
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4311674
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0265207
IRS990/PYInvestmentIncomeAmt02308
IRS990/PYOtherExpensesAmt06119705
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07572879
IRS990/PYRevenuesLessExpensesAmt0954475
IRS990/PYSalariesCompEmpBnftPaidAmt0235800
IRS990/PYTotalExpensesAmt06620712
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07575187
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0733761
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07416365
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt014439732
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015173493
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04845139
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05871142
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09739230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09739230
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02940
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04588
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07218
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07186
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07416365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07572879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06288324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07881756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07045103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt036204427
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04588
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07218
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07186
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024240
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt045943657
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07416365
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07572879
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt016027554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07881756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07045103
IRS990ScheduleA/Total509Grp/TotalAmt045943657
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07419305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07575187
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt016032142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07888974
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07052289
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045967897
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02008496
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07649707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09658203
IRS990ScheduleD/EquipmentGrp/BookValueAmt010643335
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0937239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011580574
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02940
IRS990ScheduleD/ExpensesSubtotalAmt06682604
IRS990ScheduleD/LandGrp/BookValueAmt011958447
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011958447
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05210240
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PURCHASE OPTION EXTENSION RIGHT
IRS990ScheduleD/OtherExpensesNotIncludedAmt02940
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0310580
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0310580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019405785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1345158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO CITY OF PROVIDENCE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02940
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02940
IRS990ScheduleD/RevenueSubtotalAmt07416365
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTEREST INCOME NETTED WITH INTEREST EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST INCOME NETTED WITH INTEREST EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024920858
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05210240
IRS990ScheduleD/TotalExpensesPerForm990Amt06685544
IRS990ScheduleD/TotalLiabilityAmt019750943
IRS990ScheduleD/TotalRevenuePerForm990Amt07419305
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07416365
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06682604
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0345158
IRS990ScheduleI/RecipientTable/CashGrantAmt124000
IRS990ScheduleI/RecipientTable/CashGrantAmt213500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/IRCSectionDesc1115
IRS990ScheduleI/RecipientTable/IRCSectionDesc2115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0REVENUE SHARING AGREEMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COMMUNITY DEVELOPMENT GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2VARIOUS SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF PROVIDENCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PROVIDENCE REDEVELOPMENT AGENCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CITY OF PROVIDENCE
IRS990ScheduleI/RecipientTable/RecipientEIN0056000329
IRS990ScheduleI/RecipientTable/RecipientEIN1056000329
IRS990ScheduleI/RecipientTable/RecipientEIN2056000329
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt025 DORRANCE STREET SUITE 1
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1444 WESTMINSTER STREET SUITE 3A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt225 DORRANCE STREET SUITE 1
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0RI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1RI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2RI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002903
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102903
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd202903
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A REVENUE SHARING AGREEMENT WITH THE CITY OF PROVIDENCE. REVENUE SHARING PAYMENTS, IF APPLICABLE, ARE MADE AFTER CONSIDERATION OF PAYMENTS IN LIEU OF TAXES AND UNREIMBURSED ENVIRONMENTAL COSTS.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS AN AGREEMENT TO PROVIDE $24,000 IN ANNUAL GRANTS TO THE CITY OF PROVIDENCE REDEVELOPMENT AGENCY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART II, LINE 2:
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PART II, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/FirstClassOrCharterTravelInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0192000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,050,012
Liabilities
$24,876,519
Net assets
$15,173,493
Revenue
$7,419,305
Expenses
$6,685,544
Net income
$733,761
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$63.2$42.6$20.6$15.0$14.2$0.82
2023Detailed filing. Detailed filing data is available for this year.$50.5$30.8$19.7$14.7$15.2$0.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.3$25.0$20.3$11.7$13.5$1.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.1$23.0$22.1$10.3$9.96$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.6$24.8$21.8$10.1$11.0$0.90
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.8$22.1$22.7$9.00$6.98$2.01
2018Summary only. Only limited summary data is available for this year.$45.4$24.7$20.7$9.18$7.77$1.41
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.5$27.2$19.3$9.85$8.00$1.85
2016Detailed filing. Detailed filing data is available for this year.$48.0$30.5$17.4$8.59$6.33$2.26
2015Detailed filing. Detailed filing data is available for this year.$40.1$24.9$15.2$7.42$6.69$0.73
2014Detailed filing. Detailed filing data is available for this year.$40.1$25.6$14.4$7.58$6.62$0.95
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.2$29.7$13.5$16.0$6.33$9.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$28.8$3.79$7.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$28.8$3.32$7.01