Civic Intelligence

Rhode Island College Alumni Association

EIN 05-6051361 • 501(c)3 • Providence, RI

Profile

The rhode island college alumni association's mission is to promote lifelong relationships between current and future alumni of rhode island college and to strengthen communication and engagement between alumni and the college. To create and nurture opportunities for personal and financial investment into rhode island college's future.

600 Mount Pleasant AvenueProvidence, RI 02908

www.ric.edu

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

734%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

30th percentile

-20%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$365,833

Down $89,913 (-20%) from 2023

Liabilities

Down

$2,221

Down $13,451 (-86%) from 2023

Net Assets

Down

$363,612

Down $76,462 (-17%) from 2023

Revenue

Up

-$16,619

Up $8,472 (+34%) from 2023

Expenses

Down

$105,415

Down $41,587 (-28%) from 2023

Net Income

Up

-$122,034

Up $50,059 (+29%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $484,513Liabilities 2010: $8,962Net Assets 2010: $475,5512010Assets 2011: $457,700Liabilities 2011: $7,204Net Assets 2011: $450,4962011Assets 2012: $462,168Liabilities 2012: $12,462Net Assets 2012: $449,7062012Assets 2013: $498,346Liabilities 2013: $3,571Net Assets 2013: $494,7752013Assets 2014: $546,379Liabilities 2014: $24,138Net Assets 2014: $522,2412014Assets 2015: $542,715Liabilities 2015: $7,247Net Assets 2015: $535,4682015Assets 2016: $1,265,567Liabilities 2016: $7,772Net Assets 2016: $1,257,7952016Assets 2017: $1,074,674Liabilities 2017: $2,066Net Assets 2017: $1,072,6082017Assets 2018: $965,437Liabilities 2018: $24,320Net Assets 2018: $941,1172018Assets 2019: $870,285Liabilities 2019: $0Net Assets 2019: $870,2852019Assets 2020: $715,893Liabilities 2020: $0Net Assets 2020: $715,8932020Assets 2021: $615,782Liabilities 2021: $0Net Assets 2021: $615,7822021Assets 2022: $638,211Liabilities 2022: $26,044Net Assets 2022: $612,1672022Assets 2023: $455,746Liabilities 2023: $15,672Net Assets 2023: $440,0742023Assets 2024: $365,833Liabilities 2024: $2,221Net Assets 2024: $363,6122024

Highlighted filing

2024

Assets$365,833
Liabilities$2,221
Net Assets$363,612

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $322,2782010Expenses 2011: $383,4062011Revenue 2012: $350,576Expenses 2012: $339,602Net Income 2012: $10,9742012Revenue 2013: $347,673Expenses 2013: $306,414Net Income 2013: $41,2592013Revenue 2014: $318,539Expenses 2014: $309,381Net Income 2014: $9,1582014Revenue 2015: $307,859Expenses 2015: $279,382Net Income 2015: $28,4772015Revenue 2016: $1,307,319Expenses 2016: $584,992Net Income 2016: $722,3272016Revenue 2017: $117,091Expenses 2017: $302,278Net Income 2017: -$185,1872017Revenue 2018: $110,931Expenses 2018: $242,422Net Income 2018: -$131,4912018Revenue 2019: $147,072Expenses 2019: $217,904Net Income 2019: -$70,8322019Revenue 2020: $46,609Expenses 2020: $201,001Net Income 2020: -$154,3922020Revenue 2021: $16,422Expenses 2021: $116,533Net Income 2021: -$100,1112021Revenue 2022: $77,490Expenses 2022: $81,105Net Income 2022: -$3,6152022Revenue 2023: -$25,091Expenses 2023: $147,002Net Income 2023: -$172,0932023Revenue 2024: -$16,619Expenses 2024: $105,415Net Income 2024: -$122,0342024

Highlighted filing

2024

Revenue-$16,619
Expenses$105,415
Net Income-$122,034

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.36$0.02$0.11$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.02$0.44$0.03$0.15$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.03$0.61$0.08$0.08$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$0.02$0.12$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.00$0.72$0.05$0.20$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.15$0.22$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.02$0.94$0.11$0.24$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.12$0.30$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.01$1.26$1.31$0.58$0.72
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.01$0.54$0.31$0.28$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.02$0.52$0.32$0.31$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.49$0.35$0.31$0.04
2012Summary only. Only limited summary data is available for this year.$0.46$0.01$0.45$0.35$0.34$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.01$0.45$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.01$0.48$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 29, 2025
Return Version
2023v6.0
Gross Receipts
$8,544
Mission and Program Overview

Mission

The rhode island college alumni association's mission is to promote lifelong relationships between current and future alumni of rhode island college and to strengthen communication and engagement between alumni and the college. To create and nurture opportunities for personal and financial investment into rhode island college's future.

To promote relationships between current and future alumni of rhode island college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$202,483$191,609▼ $10,874
Pledges and Grants Receivable$204,428$125,000▼ $79,428
Savings and Temporary Cash Investments$47,949$48,190▲ $241
Prepaid Expenses and Deferred Charges$886$1,034▲ $148
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$455,746$365,833▼ $89,913
Liabilities
Accounts Payable and Accrued Expenses$15,672$2,221▼ $13,451
Total Liabilities$15,672$2,221▼ $13,451
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$440,074$363,612▼ $76,462
Total Net Assets Fund Balance$440,074$363,612▼ $76,462
Total Liabilities and Net Assets / Fund Balance$455,746$365,833▼ $89,913

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$13,725$13,725
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rachel GreenleafDirector of Alum Relations Thru 12/23FT$96,002$96,002

Board Members and Trustees

NameTitle
Georgia FortunatoPresident
Hillary LimaVice President
Anne CiresiBoard Member
Christopher FarrellBoard Member
Colleen CallahanBoard Member
Danny SmithBoard Member
Debra ServelloBoard Member
Francesca MalerbaBoard Member
Kennedy RyanBoard Member
Kevin MchughBoard Member
Maddie Leblanc-borsariBoard Member
Mia PalomoboBoard Member
Monica PaigeBoard Member
Peter GaynorBoard Member
Piedade LemosBoard Member
Ratha SenBoard Member
SARAH COURTEMANCHE O'BRIENBoard Member
Sandra EnosBoard Member
Shawn AndrewsBoard Member
Suzanna AlbaBoard Member
Tamar Russell BrownBoard Member
Pamela RyanSecretary
Kevin SanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,303
Program Service Revenue
$0
Investment Income
$241
Other Revenue
$-25,163
All Other Contributions
$5,418
Change in Net Assets
$-122,034
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,415
Total Fundraising Expense$16,183
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$41,401-$41,401
Grants to Domestic Orgs$15,000--$15,000
Information Technology-$10,630-$10,630
Fees for Services Accounting-$9,660-$9,660
Office Expenses-$450-$450
Insurance-$295-$295
Other Expenses$1,736$10,060$108$108
Advertising--$41$41
Total Functional Expenses$16,736$72,496$16,183$105,415
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rhode Island CollegeProvidence, RI501(c)(3)Provides Financial Support to Rhode Island College With Merit-based Awards to Help Students Continue Pursuing a Degree at Rhode Island College. Approximately 15 Students Were Awarded These Scholarships. the Money Is Forwarded to a Scholarship Fund Held by the Foundation. the Funds Are Then Distributed From the Foundation to the College.$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,163
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee shall consist of the officers, the immediate past-president, and the director, alumni and college relations [non-voting]. When the board of directors is not in session, the executive committee shall have and may exercise the authority to act on behalf of the board as provided under the rhode island non-profit corporation act. The executive committee shall report any action taken by it to the board of directors at its next meeting.

Form 990, Part VI, Section A, Line 6

All graduates of the rhode island normal school, rhode island college of education, rhode island college, and honorary degree recipients are eligible to be members of the association and are considered "alumni." the members of the corporation shall be comprised of two classes of membership as follows: a. Active member. All alumni who donate to the annual fund in either: [a] the current year, or [b] the most recently completed fund year are considered active members. B. Honorary member. Persons who are not alumni, but who have demonstrated various interests in the college may be elected as honorary members of the association by the board. Honorary alumni shall have all rights and privileges afforded to active alumni, excepting the right to vote on any matter and the right to serve as an elected member of the corporation.

Form 990, Part VI, Section A, Line 7A

Donors within the current fiscal year and/or previous fiscal year are members and are the only eligible voting members in elections of the governing body.

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

A copy of the full 990 is provided to the board of directors via email requesting feedback prior to filing.

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

On an annual basis, the board of directors is provided with that code of conduct. They are asked to read it in its entirety, asked to respond whether or not there is a real or perceived conflict of interest; if one exists that are to communicate it directly with the board president. They are reminded that if one should arise throughout the year, they should abstain from any vote or activity until they are able to report it to the board president.

Form 990, Part VI, Section C, Line 18

The association's form 990 is available upon written request.

Form 990, Part VI, Section C, Line 19

The association's compiled financial statements are available upon request. The governing documents and conflict of interest policies are available on the association's website.

Filing and Contact Details

Filer

Filer Name
Rhode Island College Alumni Association
EIN
05-6051361
Phone
4014568407
Address
600 MOUNT PLEASANT AVENUE, PROVIDENCE, RI 02908

Signing Officer

Name
Kevin San
Title
President
Phone
4014568407
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin San
Formed
1948
Legal Domicile
Ri
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
23

Preparer

Firm
Cliftonlarsonallen
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169
Preparer
Danielle Nihill
Phone
7819821001
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 0. Management and general expenses 41,401. Fundraising expenses 0. Total expenses 41,401.

FORM 990, PART XI, LINE 9:

Change in grant receivable discount 45,572.

Raw XML AppendixShowing 400 of 554 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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2381487
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIR OF ALUM RELATIONS THRU 12/23
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IRS990/FormationYr01948
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
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IRS990/FundraisingDirectExpensesAmt025163
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IRS990/GrantAmt015000
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IRS990/GrantsToOrganizationsInd01
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IRS990/GrossReceiptsAmt08544
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt010630
IRS990/InformationTechnologyGrp/TotalAmt010630
IRS990/InsuranceGrp/ManagementAndGeneralAmt0295
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IRS990/LandBldgEquipAccumDeprecAmt013725
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IRS990/LandBldgEquipCostOrOtherBssAmt013725
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE RHODE ISLAND COLLEGE ALUMNI ASSOCIATION'S MISSION IS TO PROMOTE LIFELONG RELATIONSHIPS BETWEEN CURRENT AND FUTURE ALUMNI OF RHODE ISLAND COLLEGE AND TO STRENGTHEN COMMUNICATION AND ENGAGEMENT BETWEEN ALUMNI AND THE COLLEGE. TO CREATE AND NURTURE OPPORTUNITIES FOR PERSONAL AND FINANCIAL INVESTMENT INTO RHODE ISLAND COLLEGE'S FUTURE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0440074
IRS990/NetAssetsOrFundBalancesEOYAmt0363612
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-25163
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0450
IRS990/OfficeExpensesGrp/TotalAmt0450
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt045572
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1ALUMNI EVENTS
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/FundraisingAmt016034
IRS990/OtherExpensesGrp/FundraisingAmt1108
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010060
IRS990/OtherExpensesGrp/ProgramServicesAmt01736
IRS990/OtherExpensesGrp/TotalAmt026094
IRS990/OtherExpensesGrp/TotalAmt11736
IRS990/OtherExpensesGrp/TotalAmt2108
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0KEVIN SAN
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ALUMNI AWARDS ARE PRESENTED ANNUALLY TO GRADUATES AND COMMUNITY LEADERS WHO BRING HONOR UPON THEMSELVES AND THE COLLEGE. THEIR PERSONAL AND PROFESSIONAL ACHIEVEMENTS AND SERVICE AID THE COMMUNITY, RHODE ISLAND COLLEGE AND/OR THE ALUMNI ASSOCIATION.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0HOMECOMING FAMILY WEEKEND EVENT SPONSORED BY THE ALUMNI ASSOCIATION ON BEHALF OF THE COLLEGE. ACTIVITIES FOR FAMILIES WITH CHILDREN OF ALL AGES WERE PROVIDED.
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IRS990ScheduleA/CollegeOrganizationInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0242755
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0239
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0617
IRS990ScheduleA/PublicSupportCY170Pct00.80230
IRS990ScheduleA/PublicSupportPY170Pct00.74660
IRS990ScheduleA/PublicSupportTotal170Amt0195256
IRS990ScheduleA/SubstantialContributorsTotAmt047499
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0242755
IRS990ScheduleA/TotalSupportAmt0243372
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013725
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013725
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015000

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