Civic Intelligence

Provport Inc.

990 • Fiscal year 2021 • EIN 05-0479488

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

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

75th percentile

0.51x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

2.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

29th percentile

3.0%

Higher net margin than 29% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

45th percentile

$225,000

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

13th percentile

-3.2%

Faster asset growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

2.0%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$45,069,804

Down $1,490,703 (-3.2%) from 2020

Net Assets

Up

$22,104,596

Up $303,802 (+1.4%) from 2020

Liabilities

Down

$22,965,208

Down $1,794,505 (-7.2%) from 2020

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin29th percentile

Revenue

Up

$10,264,639

Up $204,472 (+2.0%) from 2020

Expenses

Down

$9,960,837

Down $1,003,839 (-9.2%) from 2020

Net Income

Up

$303,802

Up $1,208,311 (+134%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2021

Assets$45,069,804
Liabilities$22,965,208
Net Assets$22,104,596
Open 2021 Filing

Operations Trend

Revenue Growth32nd 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

2021

Revenue$10,264,639
Expenses$9,960,837
Net Income$303,802
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$10,264,639
Mission and Program Overview

Mission

Development of the port of providence

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,307,839$31,343,449▼ $964,390
Savings and Temporary Cash Investments$8,214,141$7,256,826▼ $957,315
Accounts Receivable$694,594$1,020,307▲ $325,713
Cash and Non-Interest-Bearing Accounts$-20,724$136,617▲ $157,341
Prepaid Expenses and Deferred Charges$154,417$102,365▼ $52,052
Total Assets$46,560,507$45,069,804▼ $1,490,703
Other Assets Total$5,210,240$5,210,240→ $0
Liabilities
Other Liabilities$13,164,846$11,685,512▼ $1,479,334
Accounts Payable and Accrued Expenses$11,238,192$10,849,411▼ $388,781
Deferred Revenue$356,675$430,285▲ $73,610
Total Liabilities$24,759,713$22,965,208▼ $1,794,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,800,794$22,104,596▲ $303,802
Total Net Assets Fund Balance$21,800,794$22,104,596▲ $303,802
Total Liabilities and Net Assets / Fund Balance$46,560,507$45,069,804▼ $1,490,703

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,943,763$4,164,636$19,108,399
Land$13,066,569-$13,066,569
Buildings$3,333,117$9,390,367$12,723,484
Other Assets Org$5,210,240--
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

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

Board Members and Trustees

NameTitle
Paul MouranChairman
John LopesDirector
Joseph McgonaleDirector
Mark NewhartDirector
Susan FabrizioDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Waterson Terminal Services LLCTerminal Management35 TERMINAL ROAD SUITE 200, Providence, RI 02905$6,630,194
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,261,630
Investment Income
$3,009
Other Revenue
$0
Change in Net Assets
$303,802

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,264,639
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,264,639
Total Revenue per Form 990
$10,264,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,690,004
Salaries, Compensation, and Employee Benefits$237,833
Grants and Similar Amounts Paid$33,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$6,630,194-$6,630,194
Depreciation Depletion$1,052,335--$1,052,335
Interest$1,048,967--$1,048,967
Current Officers, Directors, Trustees, and Key Employees-$225,000-$225,000
Insurance$182,602--$182,602
Occupancy$91,100--$91,100
Fees for Services Other$66,500--$66,500
Fees for Services Accounting$57,875--$57,875
Grants to Domestic Orgs$33,000--$33,000
Fees for Services Legal$20,698--$20,698
Office Expenses$4,314$9,926-$14,240
Payroll Taxes-$12,833-$12,833
Other Expenses$3,030--$3,030
Total Functional Expenses$3,082,884$6,877,953$0$9,960,837

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,960,837
Total Expenses per Audited Statements$9,960,837
Total Expenses per Form 990$9,960,837
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Providence Redevelopment AgencyProvidence, RIGovernmentNeighborhood Improvement Fund$22,000
The Providence FoundationProvidence, RIPublic CharityDonation for Providence Resilience Partnership$10,000
Grow Smart RiProvidence, RIPublic CharityAWARDS PROGRAM FRIEND SPONSOR: PROVPORT$1,000
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$11,170,331
Due to City of Providence$515,181
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
2022-05-16
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
Patrick J Martin
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”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Intrest income netted with interest expense”

Raw XML AppendixShowing 400 of 522 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/RelatedOrExemptFuncIncomeAmt12416768
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21829670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3928586
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4522008
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04258112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12416768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21829670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3928586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4522008
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt060000
IRS990/PYInvestmentIncomeAmt056203
IRS990/PYOtherExpensesAmt010667410
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt010003964
IRS990/PYRevenuesLessExpensesAmt0-904509
IRS990/PYSalariesCompEmpBnftPaidAmt0237266
IRS990/PYTotalExpensesAmt010964676
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010060167
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0303802
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010261630
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08214141
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07256826
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0760770
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0760770
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03009
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt058841
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt082544
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt035479
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04447
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0184320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010261630
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010003904
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08914637
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09146414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09080885
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt047407470
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03009
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt058841
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt082544
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt035479
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04447
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0184320
IRS990ScheduleA/InvestmentIncomeCYPct00.00380
IRS990ScheduleA/InvestmentIncomePYPct00.00390
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99620
IRS990ScheduleA/PublicSupportPY509Pct00.99610
IRS990ScheduleA/PublicSupportTotal509Amt048168240
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010261630
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010003904
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08914637
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt09146414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09841655
IRS990ScheduleA/Total509Grp/TotalAmt048168240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010264639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010062745
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08997181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt09181893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt09846102
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt048352560
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03333117
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09390367
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012723484
IRS990ScheduleD/EquipmentGrp/BookValueAmt014943763
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04164636
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019108399
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09960837
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt013066569
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013066569
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05210240
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PURCHASE OPTION EXTENSION RIGHT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0515181
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111170331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CITY OF PROVIDENCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERTIFICATES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010264639
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
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTREST INCOME NETTED WITH INTEREST EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031343449
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05210240
IRS990ScheduleD/TotalExpensesPerForm990Amt09960837
IRS990ScheduleD/TotalLiabilityAmt011685512
IRS990ScheduleD/TotalRevenuePerForm990Amt010264639
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010264639
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09960837
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt022000
IRS990ScheduleI/RecipientTable/CashGrantAmt11000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc1PUBLIC CHARITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc2PUBLIC CHARITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0NEIGHBORHOOD IMPROVEMENT FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1AWARDS PROGRAM FRIEND SPONSOR: PROVPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2DONATION FOR PROVIDENCE RESILIENCE PARTNERSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PROVIDENCE REDEVELOPMENT AGENCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GROW SMART RI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2THE PROVIDENCE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0056000329
IRS990ScheduleI/RecipientTable/RecipientEIN1050499148
IRS990ScheduleI/RecipientTable/RecipientEIN2234423032
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0444 WESTMINISTER STREET SUITE 3A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1144 WESTMINISTER STREET SUITE 303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt230 EXCHANGE TERRACE 4TH FLOOR
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/ExplanationTxt0SEPERATE FILES ARE MAINTAINED FOR EACH GRANT AND THE AWARDEE FOR EACH GRANT MUST SUBMIT A FINANCIAL REPORT ALONG WITH SUPPORTING DOCUMENTATION SUCH AS INVOICES AND TIMESHEETS TO SUPPORT THE EXPENDITURES RELATED TO THE GRANT AS ORIGINALLY PROPOSED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleI/TotalOtherOrgCnt00
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
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A TERMINAL OPERATING AGREEMENT WITH WATERSON TERMINAL SERVICES, LLC TO PROVIDE EXCLUSIVE TERMINAL MANAGEMENT AND STEVEDORING SERVICES AT THE FACILITY.

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,069,804
Liabilities
$22,965,208
Net assets
$22,104,596
Revenue
$10,264,639
Expenses
$9,960,837
Net income
$303,802
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
2021Detailed filing. Detailed filing data is available for this year.$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
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