Civic Intelligence

Provport Inc.

990 • Fiscal year 2017 • EIN 05-0479488

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

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

(401) 781-4717

Siviq Scores

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

Liabilities / Assets

76th percentile

0.59x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

2.76x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$225,000

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

18th percentile

-3.1%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$46,486,138

Down $1,472,104 (-3.1%) from 2016

Net Assets

Up

$19,280,210

Up $1,849,461 (+11%) from 2016

Liabilities

Down

$27,205,928

Down $3,321,565 (-11%) from 2016

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin78th percentile

Revenue

Up

$9,846,102

Up $1,258,167 (+15%) from 2016

Expenses

Up

$7,996,641

Up $1,665,962 (+26%) from 2016

Net Income

Down

$1,849,461

Down $407,795 (-18%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth18th 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

2017

Assets$46,486,138
Liabilities$27,205,928
Net Assets$19,280,210
Open 2017 Filing

Operations Trend

Revenue Growth71st 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

2017

Revenue$9,846,102
Expenses$7,996,641
Net Income$1,849,461
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$9,846,102
Mission and Program Overview

Mission

Development of the port of providence

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,687,928$34,319,913▼ $368,015
Savings and Temporary Cash Investments$6,954,942$5,594,589▼ $1,360,353
Accounts Receivable$705,135$907,345▲ $202,210
Inventories for Sale or Use$367,374$310,572▼ $56,802
Cash and Non-Interest-Bearing Accounts$32,623$143,479▲ $110,856
Total Assets$47,958,242$46,486,138▼ $1,472,104
Other Assets Total$5,210,240$5,210,240→ $0
Liabilities
Other Liabilities$18,573,639$17,225,843▼ $1,347,796
Accounts Payable and Accrued Expenses$6,133,180$7,066,534▲ $933,354
Mortgage Notes Payable Secured by Investment Property$5,505,888$2,610,000▼ $2,895,888
Deferred Revenue$314,786$303,551▼ $11,235
Total Liabilities$30,527,493$27,205,928▼ $3,321,565
Net Assets / Fund Balance
Unrestricted Net Assets$17,430,749$19,280,210▲ $1,849,461
Total Net Assets Fund Balance$17,430,749$19,280,210▲ $1,849,461
Total Liabilities and Net Assets / Fund Balance$47,958,242$46,486,138▼ $1,472,104

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,100,366$2,410,950$19,511,316
Land$13,066,569-$13,066,569
Buildings$4,152,978$7,960,597$12,113,575
Other Assets Org$5,210,240--
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William Brody EsqSecretary/general CounselFT$192,000$33,000$225,000

Board Members and Trustees

NameTitle
Paul MouranChairman
Gary WaldronDirector
John LopesDirector
Joseph McgonaleDirector
Susan FabrizioDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Waterson Terminal Services LLCTerminal Management35 TERMINAL ROAD SUITE 200, Providence, RI 02905$4,575,478
Revenue and Support

Revenue Composition

Contributions and Grants
$760,770
Program Service Revenue
$9,080,885
Investment Income
$4,447
Other Revenue
$0
All Other Contributions
$760,770
Change in Net Assets
$1,849,461

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,841,655
Revenue Not Reported on Financial Statements
$4,447
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$4,447
Total Revenue per Audited Statements
$9,841,655
Total Revenue per Form 990
$9,846,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,726,134
Salaries, Compensation, and Employee Benefits$236,812
Grants and Similar Amounts Paid$33,695
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$4,575,478-$4,575,478
Interest$1,272,480--$1,272,480
Depreciation Depletion$1,029,134--$1,029,134
Current Officers, Directors, Trustees, and Key Employees$225,000--$225,000
Occupancy$140,000--$140,000
Fees for Services Other$105,670--$105,670
Insurance$105,302--$105,302
Fees for Services Accounting$57,250--$57,250
Fees for Services Legal$35,288--$35,288
Grants to Domestic Orgs$33,695--$33,695
Office Expenses$13,938--$13,938
Payroll Taxes$11,812--$11,812
Travel$5,656--$5,656
Other Expenses$4,620--$4,620
All Other Expenses$4,381--$4,381
Total Functional Expenses$3,421,163$4,575,478$0$7,996,641

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,996,641
Expenses per Audited Statements$7,992,194
Total Expenses per Audited Statements$7,992,194
Expenses Not Reported on Financial Statements$4,447
Other Expense Adjustments$4,447
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Providence Redevelopment AgencyProvidence, RIGovernmentCommunity Development Grant$24,000
FirstworksProvidence, RIPublic CharityGeneral Support$7,500
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
Certificates Payable$16,893,961
Due to City of Providence$331,882
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 has entered into a terminal operating agreement with waterson terminal services, llc to provide exclusive terminal management and stevedoring services at the facility.”

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 11B

“The form 990 is reviewed by management and general counsel and distributed to the board of directors for comments and questions prior to its being filed.”

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

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public 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

Signing Officer

Name
William Brody Esq
Title
General Counsel
Phone
4017814717
Signed
2018-05-14
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
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Deborah a Hopkins
Phone
4012742001
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes as a public charity under section 501(c)(3) of the internal revenue code. Management believes that the organization operates in a manner consistent with their tax-exempt status at both the federal and state levels. The organization annually files irs form 990 - return of organization exempt from income taxes, reporting various information that the irs uses to monitor the activities of tax-exempt entities. These tax returns are subject to review by the taxing authorities generally for a period of three years after they were filed. The organization currently has no tax examinations in progress.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Interest income netted with interest expense 4,447.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Intrest income netted with interest expense 4,447.”

Raw XML AppendixShowing 400 of 533 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/Desc0TENANT LEASES
IRS990/ProgramServiceRevenueGrp/Desc1WHARFAGE
IRS990/ProgramServiceRevenueGrp/Desc2DOCKAGE
IRS990/ProgramServiceRevenueGrp/Desc3ALL OTHER PROGRAM SERV
IRS990/ProgramServiceRevenueGrp/Desc4CRANE USAGE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03998323
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11626709
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21415764
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3845003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4812542
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03998323
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11626709
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21415764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3845003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4812542
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0448276
IRS990/PYInvestmentIncomeAmt02970
IRS990/PYOtherExpensesAmt05646396
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08584965
IRS990/PYRevenuesLessExpensesAmt02257256
IRS990/PYSalariesCompEmpBnftPaidAmt0236007
IRS990/PYTotalExpensesAmt06330679
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08587935
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01849461
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09080885
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06954942
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05594589
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0760770
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09739230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010500000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04447
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02970
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02940
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04588
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017253
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09080885
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08584965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07416365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07572879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06288324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt038943418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04447
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02970
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04588
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017253
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt049443418
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09841655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08584965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07416365
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07572879
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt016027554
IRS990ScheduleA/Total509Grp/TotalAmt049443418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09846102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08587935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07419305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07575187
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt016032142
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt049460671
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04152978
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07960597
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012113575
IRS990ScheduleD/EquipmentGrp/BookValueAmt017100366
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02410950
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019511316
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04447
IRS990ScheduleD/ExpensesSubtotalAmt07992194
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt013066569
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013066569
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05210240
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PURCHASE OPTION EXTENSION RIGHT
IRS990ScheduleD/OtherExpensesNotIncludedAmt04447
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0331882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116893961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CITY OF PROVIDENCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERTIFICATES PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt04447
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt04447
IRS990ScheduleD/RevenueSubtotalAmt09841655
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAXES, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST INCOME NETTED WITH INTEREST EXPENSE 4,447.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTREST INCOME NETTED WITH INTEREST EXPENSE 4,447.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034319913
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05210240
IRS990ScheduleD/TotalExpensesPerForm990Amt07996641
IRS990ScheduleD/TotalLiabilityAmt017225843
IRS990ScheduleD/TotalRevenuePerForm990Amt09846102
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09841655
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07992194
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt024000
IRS990ScheduleI/RecipientTable/CashGrantAmt17500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc1PUBLIC CHARITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COMMUNITY DEVELOPMENT GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PROVIDENCE REDEVELOPMENT AGENCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FIRSTWORKS
IRS990ScheduleI/RecipientTable/RecipientEIN0056000329
IRS990ScheduleI/RecipientTable/RecipientEIN1222597014
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0444 WESTMINISTER STREET SUITE 3A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1275 WESTMINSTER STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0RI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1RI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002903
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102903
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE 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/Total501c3OrgCnt02
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0192000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt033000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM BRODY ESQ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/GENERAL COUNSEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0225000

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,486,138
Liabilities
$27,205,928
Net assets
$19,280,210
Revenue
$9,846,102
Expenses
$7,996,641
Net income
$1,849,461
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
2017Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

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