Civic Intelligence

The Pawtucket Foundation

990 • Fiscal year 2024 • EIN 05-0511879

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 15, 2025

200 Main StreetPawtucket, RI 02860

(401) 725-4400

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

49th percentile

2.9%

Higher net margin than 49% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$19,225

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

5.4%

Faster asset growth than 57% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-53%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$306,694

Up $15,769 (+5.4%) from 2023

Net Assets

Up

$300,275

Up $17,101 (+6.0%) from 2023

Liabilities

Down

$6,419

Down $1,332 (-17%) from 2023

Revenue

Down

$245,183

Down $272,588 (-53%) from 2023

Expenses

Down

$238,175

Down $296,876 (-55%) from 2023

Net Income

Up

$7,008

Up $24,288 (+141%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $77,405Liabilities 2010: $19,843Net Assets 2010: $57,5622010Assets 2011: $103,117Liabilities 2011: $17,399Net Assets 2011: $85,7182011Assets 2012: $198,422Liabilities 2012: $15,105Net Assets 2012: $183,3172012Assets 2013: $197,604Liabilities 2013: $15,175Net Assets 2013: $182,4292013Assets 2014: $201,037Liabilities 2014: $3,361Net Assets 2014: $197,6762014Assets 2015: $170,736Liabilities 2015: $3,995Net Assets 2015: $166,7412015Assets 2016: $178,478Liabilities 2016: $761Net Assets 2016: $177,7172016Assets 2017: $189,602Liabilities 2017: $8,561Net Assets 2017: $181,0412017Assets 2018: $251,571Liabilities 2018: $7,992Net Assets 2018: $243,5792018Assets 2019: $285,783Liabilities 2019: $8,296Net Assets 2019: $277,4872019Assets 2020: $244,336Liabilities 2020: $46,057Net Assets 2020: $198,2792020Assets 2021: $430,695Liabilities 2021: $12,133Net Assets 2021: $418,5622021Assets 2022: $380,532Liabilities 2022: $10,789Net Assets 2022: $369,7432022Assets 2023: $290,925Liabilities 2023: $7,751Net Assets 2023: $283,1742023Assets 2024: $306,694Liabilities 2024: $6,419Net Assets 2024: $300,2752024Assets 2025: $301,536Liabilities 2025: $676Net Assets 2025: $300,8602025

Highlighted filing

2024

Assets$306,694
Liabilities$6,419
Net Assets$300,275

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $209,470Expenses 2010: $195,365Net Income 2010: $14,1052010Revenue 2011: $215,681Expenses 2011: $195,992Net Income 2011: $19,6892011Expenses 2012: $232,6352012Revenue 2013: $251,038Expenses 2013: $251,926Net Income 2013: -$8882013Revenue 2014: $253,255Expenses 2014: $240,699Net Income 2014: $12,5562014Revenue 2015: $228,870Expenses 2015: $253,717Net Income 2015: -$24,8472015Revenue 2016: $223,916Expenses 2016: $212,509Net Income 2016: $11,4072016Revenue 2017: $266,468Expenses 2017: $268,220Net Income 2017: -$1,7522017Revenue 2018: $303,558Expenses 2018: $265,741Net Income 2018: $37,8172018Revenue 2019: $276,201Expenses 2019: $278,526Net Income 2019: -$2,3252019Revenue 2020: $149,639Expenses 2020: $232,535Net Income 2020: -$82,8962020Revenue 2021: $600,704Expenses 2021: $380,421Net Income 2021: $220,2832021Revenue 2022: $434,933Expenses 2022: $451,620Net Income 2022: -$16,6872022Revenue 2023: $517,771Expenses 2023: $535,051Net Income 2023: -$17,2802023Revenue 2024: $245,183Expenses 2024: $238,175Net Income 2024: $7,0082024Revenue 2025: $192,116Expenses 2025: $204,325Net Income 2025: -$12,2092025

Highlighted filing

2024

Revenue$245,183
Expenses$238,175
Net Income$7,008
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$245,183
Mission and Program Overview

Mission

The foundation was created for the specific purpose of improving the lives of the residents of pawtucket, ri. Many programs and projects will also by extension benefiting residents of the neighboring city of central falls, ri. The foundation will create, develop and implement programs and resources designed to mobilize the private sector in economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$145,443$157,610▲ $12,167
Investments in Publicly Traded Securities$123,243$141,659▲ $18,416
Pledges and Grants Receivable$17,850$6,600▼ $11,250
Land, Buildings, and Equipment, Net$37--
Total Assets$290,925$306,694▲ $15,769
Other Assets Total$4,352$825▼ $3,527
Liabilities
Accounts Payable and Accrued Expenses$2,438$4,499▲ $2,061
Other Liabilities$5,313$1,920▼ $3,393
Total Liabilities$7,751$6,419▼ $1,332
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$191,132$254,953▲ $63,821
Net Assets With Donor Restrictions$92,042$45,322▼ $46,720
Total Net Assets Fund Balance$283,174$300,275▲ $17,101
Total Liabilities and Net Assets / Fund Balance$290,925$306,694▲ $15,769
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gaetan KashalaExecutive DiFT$19,225$19,225

Board Members and Trustees

NameTitle
Daniel J Sullivan JrCo-chairman
Christian LaddsVice-chair
Alison BolognaBoard Member
Brian KortzBoard Member
Erica SchectnerBoard Member
Ethan ColaiaceBoard Member
Hasan AliBoard Member
James R Hoyt JrBoard Member
Kevin P TracyBoard Member
Lori SpanglerBoard Member
Mark HouseBoard Member
Monica HoranBoard Member
Oscar MejiasBoard Member
Robert ColucciBoard Member
Ross NelsonBoard Member
Ted WynneBoard Member
Vincent S CeglieBoard Member
Jerremy DuffyCo-chariman
Suzanne C CourtemancheSecretary
Brian AzarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,538
Program Service Revenue
$94,950
Investment Income
$35
Other Revenue
$88,660
All Other Contributions
$18,577
Change in Net Assets
$7,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$136,762
Other Expenses$101,413
Total Fundraising Expense$34,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$97,318$14,884$2,290$114,492
Fees for Services Other$781$1,559$32,154$34,494
Conferences and Meetings$31,310--$31,310
Occupancy$9,265$1,029-$10,294
Payroll Taxes$8,107$901-$9,008
Advertising$6,559$1,193$199$7,951
Pension Plan Contributions$6,623$736-$7,359
Office Expenses$5,115$1,102-$6,217
Other Employee Benefits$5,313$590-$5,903
Insurance$4,061$738$123$4,922
Fees for Services Accounting-$4,500-$4,500
Travel$1,725--$1,725
Total Functional Expenses$176,177$27,232$34,766$238,175
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$80,552
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$76,602$76,602-$76,602
Total Events$76,602$76,602-$76,602
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension Contribution$1,920
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the treasurer for approval prior to presenting to the board of directors.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statments available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pawtucket Foundation
EIN
05-0511879
Phone
4017254400
Address
200 MAIN STREET, PAWTUCKET, RI 02860

Signing Officer

Name
Gaetan Kashala
Title
Executive Director
Phone
4017254400
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Azar
Formed
2000
Legal Domicile
Ri
Voting Board Members
20
Independent Board Members
20
Employees
3

Preparer

Firm
Dha-aac Group LLC
Address
779 HIGH ST, CUMBERLAND, RI 02864
Preparer
Justin Duquette CPA
Phone
4014054455
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foundation was created for the specific purpose of improving the lives of the residents of pawtucket, ri. Many programs and projects will also by extension benefiting residents of the neighboring city of central falls, ri. The foundation will create, develop and implement programs and resources designed to mobilize the private sector in economic development.

Form 990, Page 2, Part III, Line 4D

Miscellaneous propgrams designed to enhance the beauty and civic pride of the local area.

Form 990, Part IX, Line 11G

Payroll service fees 573 1,144 1,144 online software fees 208 415 415 annual dinner awards diner production e 0 0 13,913 awards dinner catering 0 0 14,018 prize exhibition 0 0 1,000 0 0 0 pawtucket proud day pawtucket proud day 0 0 1,664 total 781 1,559 32,154

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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CO-CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
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IRS990/FormationYr02000
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IRS990/FSAuditedInd0false
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IRS990/LegalDomicileStateCd0RI
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FOUNDATION WAS CREATED FOR THE SPECIFIC PURPOSE OF IMPROVING THE LIVES OF THE RESIDENTS OF PAWTUCKET, RI. MANY PROGRAMS AND PROJECTS WILL ALSO BY EXTENSION BENEFITING RESIDENTS OF THE NEIGHBORING CITY OF CENTRAL FALLS, RI. THE FOUNDATION WILL CREATE, DEVELOP AND IMPLEMENT PROGRAMS AND RESOURCES DESIGNED TO MOBILIZE THE PRIVATE SECTOR IN ECONOMIC DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0283174
IRS990/NetAssetsOrFundBalancesEOYAmt0300275
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt080552
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt080552
IRS990/NetUnrlzdGainsLossesInvstAmt010093
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0191132
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0254953
IRS990/NondeductibleContributionsInd0false
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IRS990/OccupancyGrp/ProgramServicesAmt09265
IRS990/OccupancyGrp/TotalAmt010294
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01102
IRS990/OfficeExpensesGrp/ProgramServicesAmt05115
IRS990/OfficeExpensesGrp/TotalAmt06217
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04352
IRS990/OtherAssetsTotalGrp/EOYAmt0825
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0590
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05313
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05903
IRS990/OtherLiabilitiesGrp/BOYAmt05313
IRS990/OtherLiabilitiesGrp/EOYAmt01920
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON INVESTMENTS
IRS990/OtherRevenueMiscGrp/Desc1CREDIT CARD REWARDS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07323
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1785
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07323
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1785
IRS990/OtherRevenueTotalAmt08108
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02290
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014884
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt097318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0114492
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0901
IRS990/PayrollTaxesGrp/ProgramServicesAmt08107
IRS990/PayrollTaxesGrp/TotalAmt09008
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0736
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06623
IRS990/PensionPlanContributionsGrp/TotalAmt07359
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt017850
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06600
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRIAN AZAR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt094950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt094950
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION SPONSORED AN ANNUAL DINNER TO RECOGNIZE OUTSTANDING INDIVIDUAL(S) WHO HAVE ADVANCED THE IDEALS OF CIVIC ENTREPRENEURSHIP ADVOCATED AND ADVANCED BY THE FOUNDATION
IRS990/ProgSrvcAccomActy3Grp/Desc0HOSTED PAWTUCKET PROUD DAY, AN ANNUAL CORPORATE VOLUNTEER OUTING. 43 BUSINESSES CONTRIBUTED VOLUNTEERS AND/OR IN-KIND DONATIONS TO LANDSCAPE, CLEAN UP OR PAINT SVEN DEY SITES AROUND PAWTUCKET AND CENTRAL FALLS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MISCELLANEOUS PROPGRAMS DESIGNED TO ENHANCE THE BEAUTY AND CIVIC PRIDE OF THE LOCAL AREA.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0176177
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0448362
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0320559
IRS990/PYInvestmentIncomeAmt02260
IRS990/PYOtherExpensesAmt042470
IRS990/PYOtherRevenueAmt067149
IRS990/PYRevenuesLessExpensesAmt0-17280
IRS990/PYSalariesCompEmpBnftPaidAmt0172022
IRS990/PYTotalExpensesAmt0535051
IRS990/PYTotalRevenueAmt0517771
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt07008
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING 189,275
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt061538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0448362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0398793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0212344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0144298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01265335
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02151
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023344
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01891
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt029681
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0112092
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt080552
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt063075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt055225
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt067525
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03450
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0269827
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80860
IRS990ScheduleA/PublicSupportPY170Pct00.82910
IRS990ScheduleA/PublicSupportTotal170Amt01265335
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt061538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0448362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0398793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0212344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0144298
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01265335
IRS990ScheduleA/TotalSupportAmt01564843
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PENSION CONTRIBUTION
IRS990ScheduleD/TotalLiabilityAmt01920
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt076602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt076602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt076602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt076602
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt076602
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION WAS CREATED FOR THE SPECIFIC PURPOSE OF IMPROVING THE LIVES OF THE RESIDENTS OF PAWTUCKET, RI. MANY PROGRAMS AND PROJECTS WILL ALSO BY EXTENSION BENEFITING RESIDENTS OF THE NEIGHBORING CITY OF CENTRAL FALLS, RI. THE FOUNDATION WILL CREATE, DEVELOP AND IMPLEMENT PROGRAMS AND RESOURCES DESIGNED TO MOBILIZE THE PRIVATE SECTOR IN ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS PROPGRAMS DESIGNED TO ENHANCE THE BEAUTY AND CIVIC PRIDE OF THE LOCAL AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE TREASURER FOR APPROVAL PRIOR TO PRESENTING TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.01$3.01$1.92$2.04$0.12
2024Detailed filing. Detailed filing data is available for this year.$3.07$0.06$3.00$2.45$2.38$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.91$0.08$2.83$5.18$5.35$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.11$3.70$4.35$4.52$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.31$0.12$4.19$6.01$3.80$2.20
2020Detailed filing. Detailed filing data is available for this year.$2.44$0.46$1.98$1.50$2.33$0.83
2019Detailed filing. Detailed filing data is available for this year.$2.86$0.08$2.77$2.76$2.79$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.52$0.08$2.44$3.04$2.66$0.38
2017Detailed filing. Detailed filing data is available for this year.$1.90$0.09$1.81$2.66$2.68$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.78$0.01$1.78$2.24$2.13$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.04$1.67$2.29$2.54$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.03$1.98$2.53$2.41$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.15$1.82$2.51$2.52$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.15$1.83$2.33
2011Summary only. Only limited summary data is available for this year.$1.03$0.17$0.86$2.16$1.96$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.20$0.58$2.09$1.95$0.14