Civic Intelligence

Rhode Island Public Radio

EIN 05-0498502 • 501(c)3 • Providence, RI

Profile

To provide quality journalism and compelling storytelling that informs, educates, and inspirescommunity.

One Union StationProvidence, RI 02903

www.ripr.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.25x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.27x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-15%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$0

Down $4,612,594 (-100%) from 2023

Liabilities

Down

$0

Down $1,994,238 (-100%) from 2023

Net Assets

Down

$0

Down $2,618,356 (-100%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin19th percentile

Revenue

Down

$3,097,256

Down $761,559 (-20%) from 2023

Expenses

Down

$3,779,532

Down $395,680 (-9.5%) from 2023

Net Income

Down

-$682,276

Down $365,879 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $4,663,489Liabilities 2010: $2,259,971Net Assets 2010: $2,403,5182010Assets 2011: $3,660,316Liabilities 2011: $1,815,496Net Assets 2011: $1,844,8202011Assets 2012: $3,531,338Liabilities 2012: $1,782,141Net Assets 2012: $1,749,1972012Assets 2013: $2,993,448Liabilities 2013: $1,371,868Net Assets 2013: $1,621,5802013Assets 2014: $2,681,524Liabilities 2014: $1,387,171Net Assets 2014: $1,294,3532014Assets 2015: $2,403,559Liabilities 2015: $1,128,360Net Assets 2015: $1,275,1992015Assets 2016: $2,026,063Liabilities 2016: $1,075,730Net Assets 2016: $950,3332016Assets 2017: $4,240,116Liabilities 2017: $846,728Net Assets 2017: $3,393,3882017Assets 2018: $3,731,534Liabilities 2018: $549,087Net Assets 2018: $3,182,4472018Assets 2019: $4,337,738Liabilities 2019: $1,487,521Net Assets 2019: $2,850,2172019Assets 2020: $4,468,365Liabilities 2020: $1,361,168Net Assets 2020: $3,107,1972020Assets 2021: $4,627,128Liabilities 2021: $1,196,867Net Assets 2021: $3,430,2612021Assets 2022: $3,917,793Liabilities 2022: $964,398Net Assets 2022: $2,953,3952022Assets 2023: $4,612,594Liabilities 2023: $1,994,238Net Assets 2023: $2,618,3562023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,983,0522010Revenue 2011: $2,372,823Expenses 2011: $2,931,521Net Income 2011: -$558,6982011Expenses 2012: $2,833,2592012Revenue 2013: $2,756,087Expenses 2013: $2,883,704Net Income 2013: -$127,6172013Revenue 2014: $2,644,082Expenses 2014: $2,971,309Net Income 2014: -$327,2272014Revenue 2015: $3,011,083Expenses 2015: $3,030,237Net Income 2015: -$19,1542015Revenue 2016: $2,788,353Expenses 2016: $3,113,219Net Income 2016: -$324,8662016Revenue 2017: $5,618,701Expenses 2017: $3,175,646Net Income 2017: $2,443,0552017Revenue 2018: $3,686,812Expenses 2018: $3,897,753Net Income 2018: -$210,9412018Revenue 2019: $3,760,087Expenses 2019: $4,092,317Net Income 2019: -$332,2302019Revenue 2020: $4,392,145Expenses 2020: $4,135,165Net Income 2020: $256,9802020Revenue 2021: $4,312,940Expenses 2021: $3,989,876Net Income 2021: $323,0642021Revenue 2022: $3,584,984Expenses 2022: $4,061,850Net Income 2022: -$476,8662022Revenue 2023: $3,858,815Expenses 2023: $4,175,212Net Income 2023: -$316,3972023Revenue 2024: $3,097,256Expenses 2024: $3,779,532Net Income 2024: -$682,2762024

Highlighted filing

2024

Revenue$3,097,256
Expenses$3,779,532
Net Income-$682,276
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$3,097,256
Expenses
$3,779,532
Net income
-$682,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.10$3.78$0.68
2023Detailed filing. Detailed filing data is available for this year.$4.61$1.99$2.62$3.86$4.18$0.32
2022Detailed filing. Detailed filing data is available for this year.$3.92$0.96$2.95$3.58$4.06$0.48
2021Detailed filing. Detailed filing data is available for this year.$4.63$1.20$3.43$4.31$3.99$0.32
2020Detailed filing. Detailed filing data is available for this year.$4.47$1.36$3.11$4.39$4.14$0.26
2019Detailed filing. Detailed filing data is available for this year.$4.34$1.49$2.85$3.76$4.09$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.73$0.55$3.18$3.69$3.90$0.21
2017Detailed filing. Detailed filing data is available for this year.$4.24$0.85$3.39$5.62$3.18$2.44
2016Detailed filing. Detailed filing data is available for this year.$2.03$1.08$0.95$2.79$3.11$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.40$1.13$1.28$3.01$3.03$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.68$1.39$1.29$2.64$2.97$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$1.37$1.62$2.76$2.88$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$1.78$1.75$2.83
2011Summary only. Only limited summary data is available for this year.$3.66$1.82$1.84$2.37$2.93$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$2.26$2.40$2.98
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Apr 30, 2024
Signed
Sep 26, 2024
Return Version
2023v5.1
Gross Receipts
$3,097,256
Mission and Program Overview

Mission

To provide quality journalism and compelling storytelling that informs, educates, and inspirescommunity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,025,983$0▼ $1,025,983
Land, Buildings, and Equipment, Net$894,658$0▼ $894,658
Pledges and Grants Receivable$372,350$0▼ $372,350
Accounts Receivable$143,690$0▼ $143,690
Prepaid Expenses and Deferred Charges$71,583$0▼ $71,583
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,612,594$0▼ $4,612,594
Other Assets Total$2,104,330$0▼ $2,104,330
Liabilities
Other Liabilities$1,465,412$0▼ $1,465,412
Mortgage Notes Payable Secured by Investment Property$326,012--
Accounts Payable and Accrued Expenses$172,979--
Deferred Revenue$29,835--
Total Liabilities$1,994,238$0▼ $1,994,238
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,075,733$0▼ $2,075,733
Net Assets With Donor Restrictions$542,623$0▼ $542,623
Total Net Assets Fund Balance$2,618,356$0▼ $2,618,356
Total Liabilities and Net Assets / Fund Balance$4,612,594$0▼ $4,612,594
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Torey MalatiaChief Executive OfficerFT$224,314$34,550$258,864
Sally EiseleChief Content OfficerFT$148,555-$148,555
Nancy WoodChief Progress OfficerFT$114,046-$114,046
Aaron ReadIt & Engineering DirectorFT$105,647-$105,647
Jeremy BernfeldInvestigative EditorFT$101,888-$101,888

Board Members and Trustees

NameTitle
Elizabeth Delude-dixChairman
Laura LangVice Chairman
Antonieta FalconiDirector
Barbara Braun SchoenfeldDirector
Carolyn WiesenhahnDirector
Cathy LundDirector
Don WinebergDirector
Elizabeth FrancisDirector
John HoeyDirector
Jon FainDirector
Kenneth ReevesDirector
Lara SalamanoDirector
Michael BeauregardDirector
Nancy Fisher ChudacoffDirector
Nicholas BowenDirector
Rebecca RileyDirector
Ronald MargolinDirector
Scot JonesDirector
Susan RittscherDirector
Toots ZynskyDirector
Meredith CurrenSecretary
Gina McdonaldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,229,500
Program Service Revenue
$866,546
Investment Income
$1,043
Other Revenue
$167
All Other Contributions
$2,229,500
Change in Net Assets
$-682,276

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded2$115,297
Total Noncash Contributions2$115,297

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,097,256
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,097,256
Total Revenue per Form 990
$3,097,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,121,104
Other Expenses$1,658,428
Total Fundraising Expense$601,149
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,022,444$224,132$269,634$1,516,210
Fees for Services Other$258,718$10,778$34,396$303,892
Depreciation Depletion$248,759$43,899-$292,658
Other Employee Benefits$153,009$42,578$50,711$246,298
Current Officers, Directors, Trustees, and Key Employees$55,047$55,047$110,094$220,188
Payroll Taxes$89,413$18,853$30,142$138,408
Fees for Services Legal$20,919$115,953-$136,872
Fees for Services Accounting-$128,306-$128,306
All Other Expenses$45,371$4,958$72,353$122,682
Occupancy$6,050$75,380-$81,430
Other Expenses$72,559$575$5,068$73,134
Advertising$49,300-$19,676$68,976
Insurance$38,025$10,864$5,432$54,321
Travel$7,929$2,779$3,643$14,351
Interest$2,112$1,173-$3,285
Total Functional Expenses$2,437,504$740,879$601,149$3,779,532

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,779,532
Total Expenses per Audited Statements$3,779,532
Total Expenses per Form 990$3,779,532
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was made available via email to the audit committee (newly constituted subsequent to year end pursuant to a business combination) for review and comment prior to filing.”

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

“Board members are provided with the annual conflict of interest statement, which requires confirmation and disclosure of any conflict.”

Form 990, Part VI, Section B, Line 15

“An independent committee makes a recommendation and the board approves an increase due to the performance of the employee. Comparable data was discussed as part of the process.”

Form 990, Part VI, Section C, Line 19

“The organization maintains and updates its governing documents, conflict of interest policy, and financial statements, and are available for public viewing at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
Rhode Island Public Radio
EIN
05-0498502
Phone
4013512800
Address
ONE UNION STATION, PROVIDENCE, RI 02903
Doing Business As
THE PUBLIC'S RADIO

Signing Officer

Name
Gina Mcdonald
Title
Treasurer
Phone
4013512800
Signed
2024-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Mcdonald
Formed
1997
Legal Domicile
Ri
Voting Board Members
23
Independent Board Members
22
Employees
28
Volunteers
0

Preparer

Firm
Mullen Scorpio & Cerilli
Address
67 CEDAR STREET, PROVIDENCE, RI 02903
Preparer
Patricia M Cerilli
Phone
4017513860
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer of net assets due to merger -1,936,080.”

FORM 990, PART XII, LINE 2C:

“There has been no change to the selection and oversight of an independent accountant process.”

Financial Statement Notes

PART X, LINE 2:

“The organization evaluates its uncertain tax positions using the guidance for contingencies as contained in generally accepted accounting principles. The organization was not aware of any uncertain tax positions that were not provided for in the financial statements.”

Raw XML AppendixShowing 400 of 740 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/Desc02023 WAS A YEAR OF CONTINUED DEVELOPMENT OF DEEPER LOCAL JOURNALISM THROUGH BROADCAST, DIGITAL AND IN PERSON PLATFORMS. HIGHLIGHTS INCLUDED: 1) COMPLETION OF OUR INVESTIGATIVE PROJECT IN PARTNERSHIP WITH FRONTLINE'S LOCAL JOURNALISM FELLOWSHIP PROGRAM AT WGBH. 2)CONTINUED INVESTMENT IN ENTERPRISE AND INVESTIGATIVE JOURNALISM. 3)THE HIRING OF A METRO DESK REPORTER, COVERING THE KEY COMMUNITIES OF THE GREATER PROVIDENCE AREA. 4)PARTICIPATION IN THE NATIONAL AMERICA AMPLIFIED JOURNALISM ENGAGEMENT PROJECT, WHICH WILL ADD AN IMPORTANT COMMUNITY ENGAGEMENT ELEMENT TO OUR ELECTION COVERAGE IN 2024.IN ADDITION, THE PUBLIC'S RADIO CONTINUED TO ADAPT TO CHANGING AUDIENCE HABITS, DISCUSSING WAYS TO DEVELOP STRONGER WAYS TO SERVE OUR COMMUNITIES AND BUILD AUDIENCES ACROSS MULTIPLE PLATFORMS. TO THAT END, WE LAUNCHED A NEWLY-DESIGNED WEBSITE WHICH WILL BE MORE USER FRIENDLY AND PROVIDE AN INTERACTIVE SPACE IN WHICH TO ENGAGE OUR AUDIENCES. WE ALSO BEGAN THE PROCESS OF RELOCATING OUR SOUTH COUNTY BUREAU FROM A SMALL SPACE IN THE UNITED THEATRE IN WESTERLY TO A NEARBY SPACE THAT AFFORDS GREATER OPPORTUNITY FOR IN-PERSON COMMUNITY ENGAGEMENT.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
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IRS990/Form990PartVIISectionAGrp/PersonNm3MEREDITH CURREN
IRS990/Form990PartVIISectionAGrp/PersonNm4GINA MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL BEAUREGARD
IRS990/Form990PartVIISectionAGrp/PersonNm6NANCY FISHER CHUDACOFF
IRS990/Form990PartVIISectionAGrp/PersonNm7RONALD MARGOLIN
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt24IT & ENGINEERING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25INVESTIGATIVE EDITOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26CHIEF PROGRESS OFFICER
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