Civic Intelligence

Project Sweet Peas

990 • Fiscal year 2020 • EIN 27-3679594

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 01, 2021

45 Boylston StreetWarwick, RI 02889

(401) 212-0210

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

82nd percentile

36%

Higher net margin than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

75th percentile

36%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

65th percentile

0.6%

Faster revenue growth than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$373,257

Up $165,941 (+80%) from 2018

Net Assets

Up

$373,257

Up $165,941 (+80%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$286,980

Up $88,450 (+45%) from 2018

Expenses

Up

$183,004

Up $40,336 (+28%) from 2018

Net Income

Up

$103,976

Up $48,114 (+86%) 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 2011: $27,246Net Assets 2011: $27,2462011Assets 2013: $68,703Liabilities 2013: $0Net Assets 2013: $68,7032013Assets 2014: $78,282Liabilities 2014: $0Net Assets 2014: $78,2822014Assets 2015: $94,911Liabilities 2015: $0Net Assets 2015: $94,9112015Assets 2016: $120,668Liabilities 2016: $0Net Assets 2016: $120,6682016Assets 2017: $151,454Liabilities 2017: $0Net Assets 2017: $151,4542017Assets 2018: $207,316Liabilities 2018: $0Net Assets 2018: $207,3162018Assets 2020: $373,257Liabilities 2020: $0Net Assets 2020: $373,2572020Assets 2021: $457,831Liabilities 2021: $11,126Net Assets 2021: $446,7052021Assets 2022: $419,320Liabilities 2022: $4,374Net Assets 2022: $414,9462022Assets 2024: $459,299Liabilities 2024: $1,096Net Assets 2024: $458,2032024

Highlighted filing

2020

Assets$373,257
Liabilities$0
Net Assets$373,257

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $58,489Expenses 2011: $37,014Net Income 2011: $21,4752011Revenue 2013: $96,553Expenses 2013: $63,571Net Income 2013: $32,9822013Revenue 2014: $84,119Expenses 2014: $73,642Net Income 2014: $10,4772014Revenue 2015: $99,328Expenses 2015: $83,267Net Income 2015: $16,0612015Revenue 2016: $127,108Expenses 2016: $101,351Net Income 2016: $25,7572016Revenue 2017: $196,360Expenses 2017: $165,574Net Income 2017: $30,7862017Revenue 2018: $198,530Expenses 2018: $142,668Net Income 2018: $55,8622018Revenue 2020: $286,980Expenses 2020: $183,004Net Income 2020: $103,9762020Revenue 2021: $416,363Expenses 2021: $342,915Net Income 2021: $73,4482021Revenue 2022: $332,147Expenses 2022: $363,906Net Income 2022: -$31,7592022Revenue 2024: $469,835Expenses 2024: $494,528Net Income 2024: -$24,6932024

Highlighted filing

2020

Revenue$286,980
Expenses$183,004
Net Income$103,976
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 1, 2021
Return Version
2020v4.0
Gross Receipts
$329,858
Mission and Program Overview

Mission

Project Sweet Peas' mission is to empower and support families of fragile infants, and to inspire hope through remembrance for those affected by pregnancy and infant loss.Project Sweet Peas is a national non-profit organization providing support to families and caregivers of premature or sick infants and families impacted by pregnancy and infant loss. Our programs support families through NICU care packages, remembrance memory boxes, hospital events, peer-to-peer support groups, NICU family financial aid, remembrance vigils, and educational materials.

Project Sweet Peas is a national organization coordinated by volunteers, who through personal experience have become passionate about providing support and care packages to families of premature or sick infants and those who have been affected by pregnancy and infant loss.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$200,834$278,865▲ $78,031
Inventories for Sale or Use$70,285$90,402▲ $20,117
Prepaid Expenses and Deferred Charges$2,412$3,990▲ $1,578
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$274,131$373,257▲ $99,126
Other Assets Total$600$0▼ $600
Liabilities
Deferred Revenue$4,850--
Total Liabilities$4,850$0▼ $4,850
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$260,481$371,067▲ $110,586
Net Assets With Donor Restrictions$8,800$2,190▼ $6,610
Total Net Assets Fund Balance$269,281$373,257▲ $103,976
Total Liabilities and Net Assets / Fund Balance$274,131$373,257▲ $99,126
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sarah KingPresident
Gina AnetakisVice President
Christopher BaldridgeDirector
Meghann Helman BedellDirector
Molly WylieDirector
Laine CulbreathAsst Treasurer
Diane HrenkoSecretary
Corin NavaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$240,327
Program Service Revenue
$0
Investment Income
$522
Other Revenue
$46,131
All Other Contributions
$240,327
Change in Net Assets
$103,976

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$41,420Purchase Cost
Total Noncash Contributions$41,420-

Audited Revenue Reconciliation

Revenue per Audited Statements
$286,980
Total Revenue per Audited Statements
$286,980
Total Revenue per Form 990
$286,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$183,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$7,500-$7,500
Occupancy-$4,575-$4,575
Fees for Services Management-$4,236-$4,236
Office Expenses-$2,781-$2,781
Insurance-$2,212-$2,212
Fees for Services Other-$1,734-$1,734
All Other Expenses-$1,216-$1,216
Other Expenses$12,845$1,170-$1,170
Advertising-$509-$509
Conferences and Meetings-$382-$382
Information Technology-$18-$18
Total Functional Expenses$156,671$26,333$0$183,004

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$183,004
Total Expenses per Audited Statements$183,004
Total Expenses per Form 990$183,004
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$59,130
Fundraising Direct Expenses$20,006
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5K Your Way$30,568$30,568$5,297$25,271
Dancing in the Rain$24,296$24,296$13,488$10,808
Total Events$54,864$54,864$18,785$36,079
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 reviewed by governing body prior to filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available Upon Request

Filing and Contact Details

Filer

Filer Name
Project Sweet Peas
EIN
27-3679594
Phone
4012120210
Address
45 Boylston Street, Warwick, RI 02889

Signing Officer

Name
Corin E Nava
Title
Treasurer
Signed
2021-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah King
Formed
2010
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
100

Preparer

Firm
Ward Fisher & Company LLP
Address
250C Centerville Road, Warwick, RI 02886
Preparer
Armen Garabedian
Phone
4013846464
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained by the IRS. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2020, all tax positions taken or expected to be taken would more likely than not be sustained upon examination. The Organization is subject to routine tax audits by tax jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/PYInvestmentIncomeAmt0275
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IRS990/PYOtherExpensesAmt0223163
IRS990/PYOtherRevenueAmt055291
IRS990/PYRevenuesLessExpensesAmt061965
IRS990/PYTotalExpensesAmt0223163
IRS990/PYTotalRevenueAmt0285128
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IRS990/ReconcilationRevenueExpnssAmt0103976
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0329858
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0240327
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0229562
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0132275
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0139505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt078251
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0819920
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0109615
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0104480
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt093363
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt072377
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0339177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0236755
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0232868
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0150628
IRS990ScheduleA/Total509Grp/TotalAmt01289286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0329858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0339177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0236755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0232868
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0150628
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01289286
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0183004
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0286980
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained by the IRS. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2020, all tax positions taken or expected to be taken would more likely than not be sustained upon examination. The Organization is subject to routine tax audits by tax jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0183004
IRS990ScheduleD/TotalRevenuePerForm990Amt0286980
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm05K Your Way
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Dancing in the Rain
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt024296
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030568
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018785
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IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0Purchase Cost
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt041420
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 reviewed by governing body prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available Upon Request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1PA
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalAssetsGrp/EOYAmt0373257
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0156671
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt04850
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0269281
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0373257

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