Civic Intelligence

Rhode Island College Alumni Association

990 • Fiscal year 2018 • EIN 05-6051361

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 28, 2019

Organization ProfileWWW.RIC.EDU
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

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.22x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

3rd percentile

-119%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

96th percentile

$193,820

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 174.7% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

17th percentile

-10%

Faster asset growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-5.3%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$965,437

Down $109,237 (-10%) from 2017

Net Assets

Down

$941,117

Down $131,491 (-12%) from 2017

Liabilities

Up

$24,320

Up $22,254 (+1077%) from 2017

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin3rd percentile

Revenue

Down

$110,931

Down $6,160 (-5.3%) from 2017

Expenses

Down

$242,422

Down $59,856 (-20%) from 2017

Net Income

Up

-$131,491

Up $53,696 (+29%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

2018

Assets$965,437
Liabilities$24,320
Net Assets$941,117
Open 2018 Filing

Operations Trend

Revenue Growth30th percentile

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

2018

Revenue$110,931
Expenses$242,422
Net Income-$131,491
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 28, 2019
Return Version
2017v2.3
Gross Receipts
$139,954
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$943,233$821,025▼ $122,208
Cash and Non-Interest-Bearing Accounts$123,996$137,203▲ $13,207
Accounts Receivable$3,638$3,638→ $0
Inventories for Sale or Use$3,424$3,424→ $0
Prepaid Expenses and Deferred Charges$383$147▼ $236
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,074,674$965,437▼ $109,237
Liabilities
Accounts Payable and Accrued Expenses$2,066$24,320▲ $22,254
Total Liabilities$2,066$24,320▲ $22,254
Net Assets / Fund Balance
Unrestricted Net Assets$1,072,608$941,117▼ $131,491
Total Net Assets Fund Balance$1,072,608$941,117▼ $131,491
Total Liabilities and Net Assets / Fund Balance$1,074,674$965,437▼ $109,237

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$13,725$13,725
Equipment$0$894$894
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Suzanna AlbaDirector of Alumni AffairsPT$77,303$77,303

Board Members and Trustees

NameTitle
William FazioliPast President
Mathies SantosPresident
Michael SmithVice President
Christopher SchulerDirector
Colleen CallahanDirector
Diane MederosDirector
Elizabeth WarburtonDirector
Georgia FortunatoDirector
Harold DevineDirector
Hillary CostaDirector
Lammis VargasDirector
Mark CousineauDirector
Mark PaolucciDirector
Michael Van LeestenDirector
Monica PaigeDirector
Sharen GleckmanDirector
Thomas FitzgeraldDirector
Edwin PachecoEd/VP College Advancement
Mariam BoyajianSecretary
Corsino DelgadoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$130,598
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$-19,678
All Other Contributions
$102,806
Change in Net Assets
$-131,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,019
Grants and Similar Amounts Paid$79,403
Total Fundraising Expense$60,929
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,403--$79,403
Advertising--$55,319$55,319
Fees for Services Other-$7,400-$7,400
Information Technology-$7,177-$7,177
Other Expenses$86,956$262$3,497$3,759
Travel--$2,113$2,113
Insurance-$295-$295
Total Functional Expenses$166,359$15,134$60,929$242,422
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.$79,403
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,023
Fundraising Gross Income$9,345
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
Backup withholding compliance
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
2019-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mathies Santos
Formed
1887
Legal Domicile
Ri
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
19

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.”

Raw XML AppendixShowing 400 of 559 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/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
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF ALUMNI AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt20ED/VP COLLEGE ADVANCEMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01887
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt029023
IRS990/FundraisingGrossIncomeAmt09345
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt079403
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt079403
IRS990/GrantsToDomesticOrgsGrp/TotalAmt079403
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0139954
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07177
IRS990/InformationTechnologyGrp/TotalAmt07177
IRS990/InsuranceGrp/ManagementAndGeneralAmt0295
IRS990/InsuranceGrp/TotalAmt0295
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03424
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03424
IRS990/InvestmentIncomeGrp/ExclusionAmt011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
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 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/NetAssetsOrFundBalancesBOYAmt01072608
IRS990/NetAssetsOrFundBalancesEOYAmt0941117
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-19678
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-19678
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALUMNI EVENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt03497
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0262
IRS990/OtherExpensesGrp/ProgramServicesAmt086956
IRS990/OtherExpensesGrp/TotalAmt086956
IRS990/OtherExpensesGrp/TotalAmt13759
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0943233
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0821025
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0383
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0147
IRS990/PrincipalOfficerNm0MATHIES SANTOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ALUMNI PUBLICATIONS SERVE AS A MEANS TO PROMOTE INTEREST IN THE COLLEGE. THE MAGAZINES ARE SENT OUT ONCE A YEAR 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/ExpenseAmt024467
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 45 EVENTS IN ADDITION TO AN ANNUAL ALUMNI AWARDS RECOGNITION CEREMONY HONORING 13 HONOREES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt062489
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0126760
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0109640
IRS990/PYInvestmentIncomeAmt012
IRS990/PYOtherExpensesAmt0192638
IRS990/PYOtherRevenueAmt0-9681
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-185187
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0302278
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0117091
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-131491
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt027792
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0130598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0126760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01297191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0221409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0227930
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02003888
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0326560
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0275011
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0202284
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0138171
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0270896
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01212922
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt068325
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068331
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0136723
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt078
IRS990ScheduleA/PublicSupportCY170Pct00.95920
IRS990ScheduleA/PublicSupportPY170Pct00.94070
IRS990ScheduleA/PublicSupportTotal170Amt03216810
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0457158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0401771
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01499475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0359580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0498826
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03216810
IRS990ScheduleA/TotalSupportAmt03353533
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/CashGrantAmt079403
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:
IRS990ScheduleI/Total501c3OrgCnt01
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/CompensationBasedOnRltdOrgsAmt0163753

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$965,437
Liabilities
$24,320
Net assets
$941,117
Revenue
$110,931
Expenses
$242,422
Net income
-$131,491
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
Peer Organizations

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