Civic Intelligence

Rhode Island College Foundation

990 • Fiscal year 2010 • EIN 05-6049721

Jul 01, 2009 to Jun 30, 2010 • Filed on Apr 02, 2011

600 Mount Pleasant Avenue02908
Siviq Scores

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

Liabilities / Assets

20th percentile

0.05x

Higher debt load relative to assets than 20% of similar nonprofits.

2010 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$18,784,508

No earlier filing loaded for comparison.

Net Assets

$17,783,996

No earlier filing loaded for comparison.

Liabilities

$1,000,512

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,050,127

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $18,784,508Liabilities 2010: $1,000,512Net Assets 2010: $17,783,9962010Assets 2011: $22,292,099Liabilities 2011: $922,540Net Assets 2011: $21,369,5592011Assets 2012: $23,234,082Liabilities 2012: $936,917Net Assets 2012: $22,297,1652012Assets 2013: $24,983,500Liabilities 2013: $723,975Net Assets 2013: $24,259,5252013Assets 2014: $28,534,282Liabilities 2014: $830,909Net Assets 2014: $27,703,3732014Assets 2015: $30,318,482Liabilities 2015: $945,251Net Assets 2015: $29,373,2312015Assets 2016: $29,097,701Liabilities 2016: $1,471,766Net Assets 2016: $27,625,9352016Assets 2017: $32,933,945Liabilities 2017: $1,268,295Net Assets 2017: $31,665,6502017Assets 2018: $36,755,602Liabilities 2018: $1,034,279Net Assets 2018: $35,721,3232018Assets 2019: $36,545,324Liabilities 2019: $955,362Net Assets 2019: $35,589,9622019Assets 2020: $34,499,548Liabilities 2020: $932,621Net Assets 2020: $33,566,9272020Assets 2021: $46,078,068Liabilities 2021: $1,607,024Net Assets 2021: $44,471,0442021Assets 2022: $38,603,483Liabilities 2022: $952,760Net Assets 2022: $37,650,7232022Assets 2023: $43,255,879Liabilities 2023: $1,292,229Net Assets 2023: $41,963,6502023Assets 2024: $48,042,629Liabilities 2024: $563,669Net Assets 2024: $47,478,9602024Assets 2025: $54,347,107Liabilities 2025: $486,821Net Assets 2025: $53,860,2862025

Highlighted filing

2010

Assets$18,784,508
Liabilities$1,000,512
Net Assets$17,783,996

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,050,1272010Expenses 2011: $2,173,7782011Expenses 2012: $2,116,0372012Revenue 2013: $3,448,565Expenses 2013: $1,782,337Net Income 2013: $1,666,2282013Revenue 2014: $3,808,596Expenses 2014: $1,996,791Net Income 2014: $1,811,8052014Revenue 2015: $5,184,271Expenses 2015: $2,122,651Net Income 2015: $3,061,6202015Revenue 2016: $2,772,032Expenses 2016: $3,991,719Net Income 2016: -$1,219,6872016Revenue 2017: $4,230,978Expenses 2017: $3,063,336Net Income 2017: $1,167,6422017Revenue 2018: $6,237,087Expenses 2018: $2,939,869Net Income 2018: $3,297,2182018Revenue 2019: $3,973,565Expenses 2019: $4,238,394Net Income 2019: -$264,8292019Revenue 2020: $2,368,680Expenses 2020: $4,269,764Net Income 2020: -$1,901,0842020Revenue 2021: $6,584,099Expenses 2021: $3,428,558Net Income 2021: $3,155,5412021Revenue 2022: $8,377,720Expenses 2022: $2,100,785Net Income 2022: $6,276,9352022Revenue 2023: $3,438,035Expenses 2023: $3,058,685Net Income 2023: $379,3502023Revenue 2024: $4,271,503Expenses 2024: $4,236,138Net Income 2024: $35,3652024Revenue 2025: $6,507,300Expenses 2025: $4,003,265Net Income 2025: $2,504,0352025

Highlighted filing

2010

Revenue-
Expenses$2,050,127
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
Apr 2, 2011
Return Version
2009v1.7
Gross Receipts
$2,594,372
Mission and Program Overview

Mission

To encourage and receive private and public support to enhance and expand rhode island college's continued tradition of educational excellence. The foundation provides support for scholarships, faculty research grants, capital improvements, lecturers and other programs.

Major Activities

Activity 2
Financial support to rhode island college for capital improvements and equipment purchases include several major projects; specifically computer information systems networking lab, science laboratories, a nursing simulation laboratory in addition to a college classroom auditorium. Improvement to the science and nursing labs will benefit approximately 1,600 students and the classroom auditorium 5,000 students annually
Activity 3
Financial support to rhode island college including the need and merit based scholarships to students and assistance with faculty programming. A total of 130 scholarships were awarded to 122 students.
Filing and Contact Details

Filer

EIN
05-6049721
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IRS990/Activity2/Description0FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE FOR CAPITAL IMPROVEMENTS AND EQUIPMENT PURCHASES INCLUDE SEVERAL MAJOR PROJECTS; SPECIFICALLY COMPUTER INFORMATION SYSTEMS NETWORKING LAB, SCIENCE LABORATORIES, A NURSING SIMULATION LABORATORY IN ADDITION TO A COLLEGE CLASSROOM AUDITORIUM. IMPROVEMENT TO THE SCIENCE AND NURSING LABS WILL BENEFIT APPROXIMATELY 1,600 STUDENTS AND THE CLASSROOM AUDITORIUM 5,000 STUDENTS ANNUALLY
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IRS990/Activity3/Description0FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE INCLUDING THE NEED AND MERIT BASED SCHOLARSHIPS TO STUDENTS AND ASSISTANCE WITH FACULTY PROGRAMMING. A TOTAL OF 130 SCHOLARSHIPS WERE AWARDED TO 122 STUDENTS.
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IRS990/Description0THE DAVID E. SWEET CENTER FOR PUBLIC POLICY AT RHODE ISLAND COLLEGE PROVIDES RESEARCH AND CONSULTATION TO EXTERNAL CONSTITUENTS AND MEMBERS OF THE COMMUNITY AT LARGE BY FACILITATING THE WORK OF SEVERAL CAMPUS-BASED AFFILIATES AND AGENCIES. IT ALSO PROVIDES THE GENERAL PUBLIC WITH CONTACTS FOR OUTREACH, PROFESSIONAL DEVELOPMENT, AND SERVICE INQUIRIES. AS THE COLLEGE'S CENTRAL CLEARINGHOUSE FOR COMMUNITY PARTNERSHIPS AND COLLABORATIONS, THE DAVID E. SWEET CENTER FOR PUBLIC POLICY WORKS WITH ITS AFFILIATES TO PROVIDE RIGOROUS APPLIED RESEARCH AND SERVICE ACTIVITIES THAT ARE RELEVANT TO IMPORTANT PUBLIC ISSUES. ALTHOUGH THE NUMBER OF PEOPLE SERVED IS NOT MEASURABLE AT THIS TIME, APPROXIMATELY 35,000 ALUMNI WHO RESIDE IN STATE, IN ADDITION TO THOSE LIVING WITHIN THE COMMUNITY HAVE ACCESS TO A WIDE VARIETY OF OUTREACH PROGRAMS.
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IRS990/RevenuesLessExpensesCY057715
IRS990/RevenuesLessExpensesPriorYear0-734393
IRS990/SalariesEtcCurrentYear0701759
IRS990/SalariesEtcPriorYear0919818
IRS990/SavingsAndTempCashInvestments/BOY01277914
IRS990/SavingsAndTempCashInvestments/EOY02302631
IRS990ScheduleA/AmountsSubstContributorsTotal02029685
IRS990ScheduleA/CollegeSupportOrg170b1Aiv0X
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear02074170
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year02399600
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years03333590
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years03626783
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years05763106
IRS990ScheduleA/GiftsGrantsContribReceived170/Total017197249
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear0434503
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year0497733
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years0531251
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years0488351
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years0312821
IRS990ScheduleA/GrossInvestmentIncome170/Total02264659
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc084061
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year04550
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years02799
IRS990ScheduleA/OtherIncome170/Total07349
IRS990ScheduleA/PublicSupportPertcentage17000.77910
IRS990ScheduleA/PublicSupportPertcentPriorYear00.79640
IRS990ScheduleA/PublicSupportTotal170015167564
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear02074170
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year02399600
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years03333590
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years03626783
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years05763106
IRS990ScheduleA/Total170/Total017197249
IRS990ScheduleA/TotalSupport019469257
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/ArtPublicExhibitionAmts/AssetsInPartX096695
IRS990ScheduleD/ArtPublicExhibitionAmts/RevenuesIncluded00
IRS990ScheduleD/BoardDesignatedEOYBalance00.03700
IRS990ScheduleD/CollectUsedForPreservation0X
IRS990ScheduleD/CollectUsedForPublicExhibition0X
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance015027368
IRS990ScheduleD/CurrentYear/Contributions0834845
IRS990ScheduleD/CurrentYear/EndOfYearBalance015551231
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses0240583

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$54.3$0.49$53.9$6.51$4.00$2.50
2024Detailed filing. Detailed filing data is available for this year.$48.0$0.56$47.5$4.27$4.24$0.04
2023Detailed filing. Detailed filing data is available for this year.$43.3$1.29$42.0$3.44$3.06$0.38
2022Detailed filing. Detailed filing data is available for this year.$38.6$0.95$37.7$8.38$2.10$6.28
2021Detailed filing. Detailed filing data is available for this year.$46.1$1.61$44.5$6.58$3.43$3.16
2020Detailed filing. Detailed filing data is available for this year.$34.5$0.93$33.6$2.37$4.27$1.90
2019Detailed filing. Detailed filing data is available for this year.$36.5$0.96$35.6$3.97$4.24$0.26
2018Detailed filing. Detailed filing data is available for this year.$36.8$1.03$35.7$6.24$2.94$3.30
2017Detailed filing. Detailed filing data is available for this year.$32.9$1.27$31.7$4.23$3.06$1.17
2016Detailed filing. Detailed filing data is available for this year.$29.1$1.47$27.6$2.77$3.99$1.22
2015Detailed filing. Detailed filing data is available for this year.$30.3$0.95$29.4$5.18$2.12$3.06
2014Detailed filing. Detailed filing data is available for this year.$28.5$0.83$27.7$3.81$2.00$1.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.0$0.72$24.3$3.45$1.78$1.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$0.94$22.3$2.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$0.92$21.4$2.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$1.00$17.8$2.05