Civic Intelligence

Prudence Island School Foundation

990EZ • Fiscal year 2019 • EIN 26-4731400

Sep 01, 2018 to Aug 31, 2019 • Filed on Nov 16, 2019

PO Box 157Portsmouth, RI 02871

(401) 683-1857

Siviq Scores

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

Liabilities / Assets

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

5.7%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$123,038

Up $30,994 (+34%) from 2018

Net Assets

Up

$119,439

Up $30,795 (+35%) from 2018

Liabilities

Up

$3,599

Up $199 (+5.9%) from 2018

Revenue

Up

$102,791

Up $5,511 (+5.7%) from 2018

Expenses

Down

$71,996

Down $14,877 (-17%) from 2018

Net Income

Up

$30,795

Up $20,388 (+196%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $92,792Liabilities 2014: $3,001Net Assets 2014: $89,7912014Assets 2016: $82,959Liabilities 2016: $6,636Net Assets 2016: $76,3232016Assets 2017: $81,622Liabilities 2017: $3,385Net Assets 2017: $78,2372017Assets 2018: $92,044Liabilities 2018: $3,400Net Assets 2018: $88,6442018Assets 2019: $123,038Liabilities 2019: $3,599Net Assets 2019: $119,4392019Assets 2020: $164,433Liabilities 2020: $34,784Net Assets 2020: $129,6492020Assets 2021: $389,037Liabilities 2021: $34,761Net Assets 2021: $354,2762021Assets 2022: $419,610Liabilities 2022: $36,960Net Assets 2022: $382,6502022Assets 2023: $432,531Liabilities 2023: $36,488Net Assets 2023: $396,0432023Assets 2024: $434,949Liabilities 2024: $37,617Net Assets 2024: $397,3322024Assets 2025: $477,916Liabilities 2025: $33,478Net Assets 2025: $444,4382025

Highlighted filing

2019

Assets$123,038
Liabilities$3,599
Net Assets$119,439

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $110,621Expenses 2014: $107,077Net Income 2014: $3,5442014Revenue 2016: $78,709Expenses 2016: $83,435Net Income 2016: -$4,7262016Revenue 2017: $86,061Expenses 2017: $84,147Net Income 2017: $1,9142017Revenue 2018: $97,280Expenses 2018: $86,873Net Income 2018: $10,4072018Revenue 2019: $102,791Expenses 2019: $71,996Net Income 2019: $30,7952019Revenue 2020: $84,521Expenses 2020: $74,311Net Income 2020: $10,2102020Revenue 2021: $310,492Expenses 2021: $85,864Net Income 2021: $224,6282021Revenue 2022: $116,819Expenses 2022: $88,444Net Income 2022: $28,3752022Revenue 2023: $115,698Expenses 2023: $102,305Net Income 2023: $13,3932023Revenue 2024: $93,673Expenses 2024: $92,395Net Income 2024: $1,2782024Revenue 2025: $85,279Expenses 2025: $38,173Net Income 2025: $47,1062025

Highlighted filing

2019

Revenue$102,791
Expenses$71,996
Net Income$30,795
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Nov 16, 2019
Return Version
2018v3.1
Gross Receipts
$103,614
Mission and Program Overview

Mission

To engage in activities and raise funds to support the perpetual existence of a one room school house on prudence island

Support one room school house on island

Program Services

DescriptionGrantsExpenses
TO ENGAGE IN ACTIVITIES AND RAISE FUNDS TO SUPPORT THE PERPETUAL EXISTENCE OF A ONE ROOM SCHOOL HOUSE LOCATED ON PRUDENCE ISLAND-$66,502
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALLEN BEARSEChariperson-$0--
JOHN IVANOSKITreasurerdirector-$0--
DONNA BAINSDirector-$0--
LINDA MOSHERDirector-$0--
CATHERINE HOMANDirector-$0--
JESSICA FRISWELLDirector-$0--
SUASN PHILLIPSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Prudence Island School Foundation
EIN
26-4731400
Address
PO BOX 157, Portsmouth, RI 02871

Signing Officer

Name
John Ivanoski
Title
Treasurer
Phone
4016831857
Signed
2019-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Dufour & Schmitt Ltd
Address
56 EXCHANGE TERRACE 5TH FLOOR, PROVIDENCE, RI 02903
Preparer
Roger M Dufour
Phone
4017517154
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 285PAYROLL TAXES 3,395INSURANCE 4,967SCHOOL SUPPLIES 2,998OFFICE EXPENSES 186TELEPHONE AND INTERNET 184VOLUNTEER SERVICES 11,715

Description of total liabilities Part II line 26

Category Beginning of Year End of YearACCOUNTS PAYABLE 3,400 3,599

Raw XML Appendix180 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LINDA MOSHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CATHERINE HOMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SUASN PHILLIPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHARIPERSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 285PAYROLL TAXES 3,395INSURANCE 4,967SCHOOL SUPPLIES 2,998OFFICE EXPENSES 186TELEPHONE AND INTERNET 184VOLUNTEER SERVICES 11,715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearACCOUNTS PAYABLE 3,400 3,599
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN IVANOSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04016831857
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRUDENCE ISLAND SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PRUD
ReturnHeader/Filer/EIN0264731400
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 157
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.238.18.74
ReturnHeader/FilingSecurityInformation/IPDt02019-11-26
ReturnHeader/FilingSecurityInformation/IPTm009:37:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050471368
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt056 EXCHANGE TERRACE 5TH FLOOR
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER M DUFOUR
ReturnHeader/ReturnTs02019-11-24T12:28:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

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Filings