Civic Intelligence

Trust U/Will of Orlando R Smith

990 • Fiscal year 2015 • EIN 23-7352670

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 05, 2016

124 Granite StreetWesterly, RI 02891

(401) 596-5704

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

38th percentile

0.01x

Higher debt load relative to revenue than 38% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

23rd percentile

-7.7%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

35th percentile

-2.4%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$791,752

Down $19,759 (-2.4%) from 2014

Net Assets

Down

$790,700

Down $13,793 (-1.7%) from 2014

Liabilities

Down

$1,052

Down $5,966 (-85%) from 2014

Revenue

Down

$74,413

Down $9,215 (-11%) from 2014

Expenses

Down

$80,172

Down $19,723 (-20%) from 2014

Net Income

Up

-$5,759

Up $10,508 (+65%) from 2014

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 2011: $515,903Liabilities 2011: $0Net Assets 2011: $515,9032011Assets 2012: $518,444Liabilities 2012: $0Net Assets 2012: $518,4442012Assets 2013: $812,938Liabilities 2013: $1,024Net Assets 2013: $811,9142013Assets 2014: $811,511Liabilities 2014: $7,018Net Assets 2014: $804,4932014Assets 2015: $791,752Liabilities 2015: $1,052Net Assets 2015: $790,7002015Assets 2016: $815,516Liabilities 2016: $2,103Net Assets 2016: $813,4132016Assets 2017: $847,102Liabilities 2017: $2,693Net Assets 2017: $844,4092017Assets 2018: $846,487Liabilities 2018: $2,586Net Assets 2018: $843,9012018Assets 2019: $897,324Liabilities 2019: $3,592Net Assets 2019: $893,7322019Assets 2020: $948,101Liabilities 2020: $2,396Net Assets 2020: $945,7052020Assets 2021: $1,025,899Liabilities 2021: $1,786Net Assets 2021: $1,024,1132021Assets 2022: $919,592Liabilities 2022: $2,047Net Assets 2022: $917,5452022Assets 2023: $992,835Liabilities 2023: $1,590Net Assets 2023: $991,2452023Assets 2024: $1,130,648Liabilities 2024: $1,879Net Assets 2024: $1,128,7692024

Highlighted filing

2015

Assets$791,752
Liabilities$1,052
Net Assets$790,700

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $70,6892011Expenses 2012: $81,5522012Revenue 2013: $328,365Expenses 2013: $69,576Net Income 2013: $258,7892013Revenue 2014: $83,628Expenses 2014: $99,895Net Income 2014: -$16,2672014Revenue 2015: $74,413Expenses 2015: $80,172Net Income 2015: -$5,7592015Revenue 2016: $83,705Expenses 2016: $79,074Net Income 2016: $4,6312016Revenue 2017: $79,879Expenses 2017: $86,435Net Income 2017: -$6,5562017Revenue 2018: $117,110Expenses 2018: $89,887Net Income 2018: $27,2232018Revenue 2019: $79,063Expenses 2019: $96,252Net Income 2019: -$17,1892019Revenue 2020: $73,687Expenses 2020: $77,601Net Income 2020: -$3,9142020Revenue 2021: $95,155Expenses 2021: $74,790Net Income 2021: $20,3652021Revenue 2022: $83,285Expenses 2022: $83,068Net Income 2022: $2172022Revenue 2023: $96,072Expenses 2023: $85,623Net Income 2023: $10,4492023Revenue 2024: $205,653Expenses 2024: $120,362Net Income 2024: $85,2912024

Highlighted filing

2015

Revenue$74,413
Expenses$80,172
Net Income-$5,759
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 5, 2016
Return Version
2015v2.1
Gross Receipts
$76,433
Mission and Program Overview

Mission

To maintain an historic museum and grounds (circa 1734) for educational purposes and for the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$454,736$445,835▼ $8,901
Investments in Publicly Traded Securities$222,097$234,036▲ $11,939
Savings and Temporary Cash Investments$49,467$37,475▼ $11,992
Pledges and Grants Receivable$53,507$35,695▼ $17,812
Cash and Non-Interest-Bearing Accounts$20,120$27,480▲ $7,360
Inventories for Sale or Use$6,586$5,866▼ $720
Prepaid Expenses and Deferred Charges$4,998$5,365▲ $367
Total Assets$811,511$791,752▼ $19,759
Liabilities
Accounts Payable and Accrued Expenses$7,018$1,052▼ $5,966
Total Liabilities$7,018$1,052▼ $5,966
Net Assets / Fund Balance
Unrestricted Net Assets$800,403$786,610▼ $13,793
Permanently Rstr Net Assets$4,090$4,090→ $0
Total Net Assets Fund Balance$804,493$790,700▼ $13,793
Total Liabilities and Net Assets / Fund Balance$811,511$791,752▼ $19,759

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$413,883$205,889$619,772
Equipment$2,604$82,384$84,988
Other Land Buildings$28,458$40,812$69,270
Land$890-$890
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$42,036
Program Service Revenue
$2,064
Investment Income
$5,739
Other Revenue
$24,574
All Other Contributions
$18,105
Change in Net Assets
$-5,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,172
Total Fundraising Expense$7,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$17,600$2,200$2,200$22,000
Occupancy$9,901$1,238$1,238$12,377
Insurance$7,540$943$943$9,426
All Other Expenses$3,500$445$1,031$4,976
Fees for Service Investment Mgmnt Fees$2,435$270-$2,705
Advertising$1,965-$492$2,457
Other Expenses$1,693$242$484$2,419
Office Expenses$884$126$252$1,262
Information Technology$927$116$116$1,159
Total Functional Expenses$65,655$7,174$7,343$80,172
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
No
Annual disclosure for covered persons
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 2

Betty-Jo Cugini and Stephen M Greene, both Trustees, are a married couple.

Form 990, Part VI, Section A, line 6

Line 6 explanation - Membership categories are indications of level of cash contributions. Members have no involvement in governance or compliance issues.

Form 990, Part VI, Section B, line 11

Line 11a explanation - A minimum of two Trustees review Form 990 prior to it's filing. Form 990 is made available to all Trustees for review and comment.

Form 990, Part VI, Section C, line 19

All documents required to be available to the general public are available to the public upon request of any Trustee.

Form 990, Part VIII, Line 10

Sale of Inventory represents a book that Trustees of the Trust wrote, produced and sold during the year. The publication, "Built From Stone", focuses entirely on the history of the Granite Industry in the geographic region over a 100 year period. All proceeds remain within the Trust. Sale of Inventory also includes a DVD documentary done by one Trustee called "Carved From Stone" that also reflects the history of the Granite Industry at that time and over the same region. All proceeds also remain within the Trust.

Filing and Contact Details

Filer

Filer Name
Orlando R Smith Trust
EIN
23-7352670
Phone
4015965704
Address
124 Granite Street, Westerly, RI 02891

Signing Officer

Name
Stephen M Greene
Title
Trustee
Phone
4015965704
Signed
2016-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John B Coduri
Formed
1972
Legal Domicile
Ri
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
35

Preparer

Firm
Pucci Greene & Fusaro LLC
Address
110 Airport Road Suite 104, Westerly, RI 02891
Preparer
Stephen M Greene CPA
Phone
4015961926
Supplemental Narrative

Financial Statement Notes

Part III, Line 1A:

N/A

Part III, Line 4:

The Trust owns period furnishings from the 18th and 19th centuries displayed throughout the Museum building to support the mission of providing an historic Museum (circa 1734) for educational purposes and for the general public. The Trust also owns extensive Granite Industry documentation from the 19th and 20th centuries of great research value that is available for public use and is in fact used by the public on an increasing basis.

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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/PYProgramServiceRevenueAmt02182
IRS990/PYRevenuesLessExpensesAmt0-16267
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt099895
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt083628
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5759
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt022552
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049467
IRS990/SavingsAndTempCashInvstGrp/EOYAmt037475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0296875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt038116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt059623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0484698
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt030313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt028761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028828
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030620
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0151920
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09907
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71600
IRS990ScheduleA/PublicSupportPY170Pct00.72680
IRS990ScheduleA/PublicSupportTotal170Amt0455802
IRS990ScheduleA/SubstantialContributorsTotAmt028896
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt048048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0296875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt038116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt059623
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0484698
IRS990ScheduleA/TotalSupportAmt0636618
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/BuildingsGrp/BookValueAmt0413883
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0205889
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0619772
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt02604
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084988
IRS990ScheduleD/LandGrp/BookValueAmt0890
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0890
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028458
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040812
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt069270
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Trust owns period furnishings from the 18th and 19th centuries displayed throughout the Museum building to support the mission of providing an historic Museum (circa 1734) for educational purposes and for the general public. The Trust also owns extensive Granite Industry documentation from the 19th and 20th centuries of great research value that is available for public use and is in fact used by the public on an increasing basis.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 1a:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III, Line 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0445835
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Betty-Jo Cugini and Stephen M Greene, both Trustees, are a married couple.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Line 6 explanation - Membership categories are indications of level of cash contributions. Members have no involvement in governance or compliance issues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 11a explanation - A minimum of two Trustees review Form 990 prior to it's filing. Form 990 is made available to all Trustees for review and comment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents required to be available to the general public are available to the public upon request of any Trustee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Sale of Inventory represents a book that Trustees of the Trust wrote, produced and sold during the year. The publication, "Built From Stone", focuses entirely on the history of the Granite Industry in the geographic region over a 100 year period. All proceeds remain within the Trust. Sale of Inventory also includes a DVD documentary done by one Trustee called "Carved From Stone" that also reflects the history of the Granite Industry at that time and over the same region. All proceeds also remain within the Trust.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VIII, Line 10
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0811511
IRS990/TotalAssetsEOYAmt0791752
IRS990/TotalAssetsGrp/BOYAmt0811511
IRS990/TotalAssetsGrp/EOYAmt0791752
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt042036
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07343
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07174
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065655
IRS990/TotalFunctionalExpensesGrp/TotalAmt080172
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07018
IRS990/TotalLiabilitiesEOYAmt01052
IRS990/TotalLiabilitiesGrp/BOYAmt07018
IRS990/TotalLiabilitiesGrp/EOYAmt01052
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0804493
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0790700
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt065655
IRS990/TotalProgramServiceRevenueAmt02064
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt030096
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02281
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt074413
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0811511
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0791752
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0800403
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0786610
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.21$0.12$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.99$0.10$0.09$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.08$0.08$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.00$1.02$0.10$0.07$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.00$0.95$0.07$0.08$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.89$0.08$0.10$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.00$0.84$0.12$0.09$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.00$0.84$0.08$0.09$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.00$0.81$0.08$0.08$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.07$0.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.01$0.80$0.08$0.10$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.33$0.07$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$0.07
Peer Organizations

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