Civic Intelligence

Rhode Island College Alumni Association

990 • Fiscal year 2017 • EIN 05-6051361

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 25, 2018

600 Mount Pleasant AvenueProvidence, RI 02908

(401) 456-8105

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

2nd percentile

-158%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

90th percentile

$205,511

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 175.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

8th percentile

-15%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,074,674

Down $190,893 (-15%) from 2016

Net Assets

Down

$1,072,608

Down $185,187 (-15%) from 2016

Liabilities

Down

$2,066

Down $5,706 (-73%) from 2016

Revenue

Down

$117,091

Down $1,190,228 (-91%) from 2016

Expenses

Down

$302,278

Down $282,714 (-48%) from 2016

Net Income

Down

-$185,187

Down $907,514 (-126%) from 2016

Historical Trend

Balance Sheet Trend

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

$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: $363,6122024Assets 2025: $287,162Liabilities 2025: $1,447Net Assets 2025: $285,7152025

Highlighted filing

2017

Assets$1,074,674
Liabilities$2,066
Net Assets$1,072,608

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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: -$122,0342024Revenue 2025: $31,926Expenses 2025: $109,823Net Income 2025: -$77,8972025

Highlighted filing

2017

Revenue$117,091
Expenses$302,278
Net Income-$185,187
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 25, 2018
Return Version
2016v3.0
Gross Receipts
$141,670
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.

The rhode island college alumni association's mission is to promote lifelong relationships between current and future alumni of rhode island college and 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,072,328$943,233▼ $129,095
Cash and Non-Interest-Bearing Accounts$176,749$123,996▼ $52,753
Accounts Receivable$13,066$3,638▼ $9,428
Inventories for Sale or Use$3,424$3,424→ $0
Prepaid Expenses and Deferred Charges-$383-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,265,567$1,074,674▼ $190,893
Liabilities
Accounts Payable and Accrued Expenses$7,772$2,066▼ $5,706
Total Liabilities$7,772$2,066▼ $5,706
Net Assets / Fund Balance
Unrestricted Net Assets$1,257,795$1,072,608▼ $185,187
Total Net Assets Fund Balance$1,257,795$1,072,608▼ $185,187
Total Liabilities and Net Assets / Fund Balance$1,265,567$1,074,674▼ $190,893

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$13,725$13,725
Equipment$0$894$894
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Suzanna AlbaDirector of Alumni AffairsPT$65,257$65,257

Board Members and Trustees

NameTitle
William FazioliPast President
Mathies SantosPresident
Michael SmithVice President
Barbara SmithDirector
Christopher SchulerDirector
Colleen CallahanDirector
David BradleyDirector
Diane MederosDirector
Georgia FortunatoDirector
Harold DevineDirector
Hillary CostaDirector
Mark CousineauDirector
Monica PaigeDirector
Ronda WarrenerDirector
Sharen GleckmanDirector
Thomas FitzgeraldDirector
Edwin PachecoEd/VP College Advancement
Mariam BoyajianSecretary
Corsino DelgadoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$126,760
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$-9,681
All Other Contributions
$105,856
Change in Net Assets
$-185,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,638
Grants and Similar Amounts Paid$109,640
Total Fundraising Expense$59,996
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$109,640--$109,640
Advertising--$51,876$51,876
Other Expenses$120,386$252$6,837$7,089
Information Technology-$6,259-$6,259
Fees for Services Other-$5,302-$5,302
Travel--$1,283$1,283
Insurance-$443-$443
Total Functional Expenses$230,026$12,256$59,996$302,278
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rhode Island CollegeProvidence, RI501(c)(3)Provides Financial Support to Rhode Island College With Needs-based, Merit-based and Emergency Awards to Help Students Continue Pursuing a Degree at Rhode Island College. Approximately 128 Students Were Awarded These Scholarships.-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,579
Fundraising Gross Income$14,898
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
Yes
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 6

All graduates, honorary degree recipients and devoted students within the rhode island college community who have completed at least the equivalent of two semesters are considered members of the association.

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

Treasurer of rhode island college alumni association reviews the form 990 and reports the final findings to the board of directors at the board meeting prior to filing.

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

At the annual board meeting orientation, the members all receive copies of the code of ethics policies, governing body documents, and mission statement. All members must be familiar and accept these policies. Any conflicts of interest for members must be reported and reviewed by officers to decide if further action should be taken.

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
4014568105
Address
600 MOUNT PLEASANT AVENUE, PROVIDENCE, RI 02908

Signing Officer

Name
Suzanna L Alba
Title
Director
Phone
4014568105
Signed
2018-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Fazioli
Formed
1887
Legal Domicile
Ri
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Firm
Blum Shapiro & Company Pc
Address
1 CAPITAL WAY, CRANSTON, RI 02910
Preparer
LYNN O'MARRA
Phone
4012725600
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

The finance committee of the board of directors is responsible for the oversight of the annual compilation of financial statements by an independent accountant.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the association and recognize a tax liability if the association has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. The association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The association reports tax-related interest and penalties, if any, as a component of interest expense.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
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
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF ALUMNI AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt19ED/VP COLLEGE ADVANCEMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01887
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt024579
IRS990/FundraisingGrossIncomeAmt014898
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0109640
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0109640
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0109640
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0141670
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06259
IRS990/InformationTechnologyGrp/TotalAmt06259
IRS990/InsuranceGrp/ManagementAndGeneralAmt0443
IRS990/InsuranceGrp/TotalAmt0443
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03424
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03424
IRS990/InvestmentIncomeGrp/ExclusionAmt012
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014619
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt014619
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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 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/NetAssetsOrFundBalancesBOYAmt01257795
IRS990/NetAssetsOrFundBalancesEOYAmt01072608
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-9681
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9681
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALUMNI EVENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt06837
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0252
IRS990/OtherExpensesGrp/ProgramServicesAmt0120386
IRS990/OtherExpensesGrp/TotalAmt0120386
IRS990/OtherExpensesGrp/TotalAmt17089
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01072328
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0943233
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0383
IRS990/PrincipalOfficerNm0WILLIAM FAZIOLI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ALUMNI PUBLICATIONS SERVE AS A MEANS TO PROMOTE INTEREST IN THE COLLEGE. THE MAGAZINES ARE SENT TO MORE THAN 50,000 REACHABLE ALUMNI. IN ADDITION, ELECTRONIC NEWLETTERS ARE SENT OUT MONTHLY AS A MEANS TO PROVIDE CURRENT INFORMATION ON EVENTS AND PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt017432
IRS990/ProgSrvcAccomActy3Grp/Desc0FINANCIAL SUPPORT ON BEHALF OF THE COLLEGE IN AN EFFORT TO PROMOTE ALUMNI INTEREST THROUGH ANNUAL REUNIONS AND SPECIAL EVENTS. THE ALUMNI ASSOCIATION SPONSORED MORE THAN 21 EVENTS IN ADDITION TO AN ANNUAL ALUMNI AWARDS RECOGNITION CEREMONY HONORING 13 HONOREES AND 27 FRESHMAN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0102954
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01297191
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0456656
IRS990/PYInvestmentIncomeAmt044
IRS990/PYOtherExpensesAmt0128336
IRS990/PYOtherRevenueAmt010084
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0722327
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0584992
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01307319
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-185187
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt020904
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0126760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01297191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0221409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0227930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0254740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02128030
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0275011
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0202284
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0138171
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0270896
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0246656
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01133018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt068325
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt068331
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068910
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0205622
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02298
IRS990ScheduleA/PublicSupportCY170Pct00.94070
IRS990ScheduleA/PublicSupportPY170Pct00.92270
IRS990ScheduleA/PublicSupportTotal170Amt03261048
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0401771
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01499475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0359580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0498826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0501396
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03261048
IRS990ScheduleA/TotalSupportAmt03466670
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0894
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0894
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013725
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013725
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ASSOCIATION REPORTS TAX-RELATED INTEREST AND PENALTIES, IF ANY, AS A COMPONENT OF INTEREST EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDES FINANCIAL SUPPORT TO RHODE ISLAND COLLEGE WITH NEEDS-BASED, MERIT-BASED AND EMERGENCY AWARDS TO HELP STUDENTS CONTINUE PURSUING A DEGREE AT RHODE ISLAND COLLEGE. APPROXIMATELY 128 STUDENTS WERE AWARDED THESE SCHOLARSHIPS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RHODE ISLAND COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0056049721
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0600 MOUNT PLEASANT AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PROVIDENCE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0RI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002908
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0APPLICATIONS OUTLINING CRITERIA FOR GRANTS AND ASSISTANCE ARE REVIEWED BY THE ORGANIZATION'S SCHOLARSHIP COMMITTEE CONSISTING OF 9 MEMBERS. STUDENT INFORMATION IS VERIFIED BY THE OFFICE OF STUDENT FINANCIAL AID. SELECTION CHOICES AND AMOUNTS ARE FORWARDED TO THE OFFICE OF FINANCIAL AID AND POSTED TO THE STUDENT'S FINANCIAL ACCOUNT. APPLICATIONS ARE MAINTAINED ACCORDING TO THE ORGANIZATION'S RECORD RETENTION POLICY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0193862
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.03$0.11$0.08
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.36$0.02$0.11$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.02$0.44$0.03$0.15$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.03$0.61$0.08$0.08$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.02$0.12$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.05$0.20$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.15$0.22$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.02$0.94$0.11$0.24$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.12$0.30$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$1.31$0.58$0.72
2015Detailed filing. Detailed filing data is available for this year.$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