Civic Intelligence

Trust U/Will of Orlando R Smith

990 • Fiscal year 2016 • EIN 23-7352670

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 22, 2017

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

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

57th percentile

5.5%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

54th percentile

3.0%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$815,516

Up $23,764 (+3.0%) from 2015

Net Assets

Up

$813,413

Up $22,713 (+2.9%) from 2015

Liabilities

Up

$2,103

Up $1,051 (+100%) from 2015

Revenue

Up

$83,705

Up $9,292 (+12%) from 2015

Expenses

Down

$79,074

Down $1,098 (-1.4%) from 2015

Net Income

Up

$4,631

Up $10,390 (+180%) from 2015

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

2016

Assets$815,516
Liabilities$2,103
Net Assets$813,413

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

2016

Revenue$83,705
Expenses$79,074
Net Income$4,631
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 22, 2017
Return Version
2016v3.0
Gross Receipts
$86,121
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$445,835$422,050▼ $23,785
Investments in Publicly Traded Securities$234,036$299,141▲ $65,105
Cash and Non-Interest-Bearing Accounts$27,480$43,574▲ $16,094
Savings and Temporary Cash Investments$37,475$38,236▲ $761
Pledges and Grants Receivable$35,695$6,850▼ $28,845
Inventories for Sale or Use$5,866$4,450▼ $1,416
Prepaid Expenses and Deferred Charges$5,365$1,215▼ $4,150
Total Assets$791,752$815,516▲ $23,764
Liabilities
Accounts Payable and Accrued Expenses$1,052$2,103▲ $1,051
Total Liabilities$1,052$2,103▲ $1,051
Net Assets / Fund Balance
Unrestricted Net Assets$786,610$809,323▲ $22,713
Permanently Rstr Net Assets$4,090$4,090→ $0
Total Net Assets Fund Balance$790,700$813,413▲ $22,713
Total Liabilities and Net Assets / Fund Balance$791,752$815,516▲ $23,764

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$348,947$271,875$620,822
Equipment$2,943$83,209$86,152
Land$70,160-$70,160
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$52,664
Program Service Revenue
$1,355
Investment Income
$6,783
Other Revenue
$22,903
All Other Contributions
$24,823
Change in Net Assets
$4,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,074
Total Fundraising Expense$8,081
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$20,800$2,600$2,600$26,000
Occupancy$9,588$1,199$1,199$11,986
Insurance$7,139$892$892$8,923
All Other Expenses$5,717$529$1,462$7,708
Other Expenses$2,432$348$695$3,475
Fees for Service Investment Mgmnt Fees$2,794$310-$3,104
Advertising$1,852-$463$2,315
Information Technology$963$120$120$1,203
Office Expenses$315$45$90$450
Total Functional Expenses$63,992$7,001$8,081$79,074
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 11B

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 and produced. 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
John B Coduri
Title
President
Phone
4015965704
Signed
2017-09-22
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/PYTotalExpensesAmt080172
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt074413
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04631
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt021879
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037475
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0296875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0477739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028828
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0150986
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010332
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71360
IRS990ScheduleA/PublicSupportPY170Pct00.71600
IRS990ScheduleA/PublicSupportTotal170Amt0448686
IRS990ScheduleA/SubstantialContributorsTotAmt029053
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt048048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0296875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt038116
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0477739
IRS990ScheduleA/TotalSupportAmt0628725
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/BookValueAmt0348947
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0271875
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0620822
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt02943
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083209
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086152
IRS990ScheduleD/LandGrp/BookValueAmt070160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070160
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/TotalBookValueLandBuildingsAmt0422050
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 and produced. 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 11b
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/TotalAssetsBOYAmt0791752
IRS990/TotalAssetsEOYAmt0815516
IRS990/TotalAssetsGrp/BOYAmt0791752
IRS990/TotalAssetsGrp/EOYAmt0815516
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt052664
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08081
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt063992
IRS990/TotalFunctionalExpensesGrp/TotalAmt079074
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01052
IRS990/TotalLiabilitiesEOYAmt02103
IRS990/TotalLiabilitiesGrp/BOYAmt01052
IRS990/TotalLiabilitiesGrp/EOYAmt02103
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0790700
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0813413
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt063992
IRS990/TotalProgramServiceRevenueAmt01355
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt028967
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02074
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt083705
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0791752
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0815516
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0786610
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0809323
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0124 Granite Street
IRS990/USAddress/CityNm0Westerly
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002891
IRS990/VotingMembersGoverningBodyCnt09

Document Assets

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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
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.81$0.08$0.08$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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