Civic Intelligence

Providence Public Library Foundation

990 • Fiscal year 2018 • EIN 34-2052912

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 14, 2019

Organization ProfileWWW.PROVLIB.ORG

Refreshing map…

150 Empire StreetProvidence, RI 02903

(401) 455-8079

Siviq Scores

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

Liabilities / Assets

20th percentile

0.04x

Higher debt load relative to assets than 20% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.58x

Higher debt load relative to revenue than 67% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

20th percentile

-4.3%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$143,229

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

66th percentile

6.8%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

64%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$35,857,974

Up $2,268,921 (+6.8%) from 2017

Net Assets

Up

$34,580,956

Up $1,235,445 (+3.7%) from 2017

Liabilities

Up

$1,277,018

Up $1,033,476 (+424%) from 2017

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin20th percentile

Revenue

Up

$2,209,151

Up $863,537 (+64%) from 2017

Expenses

Down

$2,304,249

Down $231,413 (-9.1%) from 2017

Net Income

Up

-$95,098

Up $1,094,950 (+92%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$40M$30M$20M$10M$0Assets 2011: $31,820,384Liabilities 2011: $346,142Net Assets 2011: $31,474,2422011Assets 2012: $30,323,661Liabilities 2012: $319,688Net Assets 2012: $30,003,9732012Assets 2014: $34,555,824Liabilities 2014: $286,124Net Assets 2014: $34,269,7002014Assets 2015: $33,980,528Liabilities 2015: $295,187Net Assets 2015: $33,685,3412015Assets 2017: $33,589,053Liabilities 2017: $243,542Net Assets 2017: $33,345,5112017Assets 2018: $35,857,974Liabilities 2018: $1,277,018Net Assets 2018: $34,580,9562018Assets 2019: $34,877,258Liabilities 2019: $293,352Net Assets 2019: $34,583,9062019Assets 2020: $33,366,961Liabilities 2020: $293,352Net Assets 2020: $33,073,6092020Assets 2021: $38,016,143Liabilities 2021: $243,884Net Assets 2021: $37,772,2592021Assets 2022: $32,290,022Liabilities 2022: $405,107Net Assets 2022: $31,884,9152022

Highlighted filing

2018

Assets$35,857,974
Liabilities$1,277,018
Net Assets$34,580,956
Open 2018 Filing

Operations Trend

Revenue Growth91st percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $2,812,6962011Expenses 2012: $2,158,7062012Revenue 2014: $3,287,350Expenses 2014: $2,357,992Net Income 2014: $929,3582014Revenue 2015: $1,748,284Expenses 2015: $2,472,493Net Income 2015: -$724,2092015Revenue 2017: $1,345,614Expenses 2017: $2,535,662Net Income 2017: -$1,190,0482017Revenue 2018: $2,209,151Expenses 2018: $2,304,249Net Income 2018: -$95,0982018Revenue 2019: $2,603,067Expenses 2019: $2,490,035Net Income 2019: $113,0322019Revenue 2020: $242,601Expenses 2020: $2,850,441Net Income 2020: -$2,607,8402020Revenue 2021: $2,771,524Expenses 2021: $3,843,750Net Income 2021: -$1,072,2262021Revenue 2022: $3,076,683Expenses 2022: $2,726,618Net Income 2022: $350,0652022

Highlighted filing

2018

Revenue$2,209,151
Expenses$2,304,249
Net Income-$95,098
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 14, 2019
Return Version
2017v2.3
Gross Receipts
$5,656,118
Mission and Program Overview

Mission

To ensure continued excellence in library services for the providence public library community by providing private funding to enhance programs and services.

To nurture and support the providence public library's goals and priorities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,574,030$35,857,974▲ $2,283,944
Cash and Non-Interest-Bearing Accounts$15,023$0▼ $15,023
Total Assets$33,589,053$35,857,974▲ $2,268,921
Liabilities
Other Liabilities$208,082$1,236,608▲ $1,028,526
Accounts Payable and Accrued Expenses$35,460$40,410▲ $4,950
Total Liabilities$243,542$1,277,018▲ $1,033,476
Net Assets / Fund Balance
Unrestricted Net Assets$28,628,288$29,512,574▲ $884,286
Permanently Rstr Net Assets$4,185,440$4,205,817▲ $20,377
Temporarily Rstr Net Assets$531,783$862,565▲ $330,782
Total Net Assets Fund Balance$33,345,511$34,580,956▲ $1,235,445
Total Liabilities and Net Assets / Fund Balance$33,589,053$35,857,974▲ $2,268,921

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$4,185,440$20,377--$4,205,817
2016$4,185,340$100--$4,185,440
2015$4,185,340---$4,185,340
2014$4,182,940$2,400--$4,185,340
2013$4,182,645$295--$4,182,940
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleOtherTotal
Hillias J Martin JrLibrary Director$143,229$143,229
Aaron PetermanAssoc. Library Director$108,657$108,657
Kasandra LarsenController$79,043$79,043

Board Members and Trustees

NameTitle
Robert K TaylorChair
Dr Kathleen HittnerVice Chair
Guy LombardoTrustee
Robert W Edwards JrTrustee
Scott LisleTrustee
Karen DelponteSecretary
Joan M CaineTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Parsons Capital Mgmt INCInvestment Management10 WEYBOSSET ST STE 1000, Providence, RI 02903$200,820
Revenue and Support

Revenue Composition

Contributions and Grants
$25,931
Program Service Revenue
$0
Investment Income
$2,183,220
Other Revenue
$0
All Other Contributions
$25,931
Change in Net Assets
$-95,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,301,122
Grants and Similar Amounts Paid$3,127
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$2,061,472--$2,061,472
Fees for Service Investment Mgmnt Fees-$208,185-$208,185
Fees for Services Accounting-$27,489-$27,489
Grants to Domestic Orgs$3,127--$3,127
Fees for Services Other-$3,000-$3,000
Other Expenses-$976-$976
Total Functional Expenses$2,064,599$239,650$0$2,304,249
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Advances From Ppl$1,236,608
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the external auditors and reviewed by management and the finance committee of the board. Revisions, corrections, etc. Are made as necessary. Once all are satisfied with the form, it is finalized and a copy is made available to all board members.”

Form 990, Part VI, Section C, Line 19

“The organization's articles of incorporation are available at the secretary of state's office. Financial statements and form 990 are available upon request. The organization does not make its by-laws or its conflict of interest policy available to the public as it does not believe that a public purpose would be served by doing so.”

Filing and Contact Details

Filer

Filer Name
Providence Public Library Foundation
EIN
34-2052912
Phone
4014558079
Address
150 EMPIRE STREET, PROVIDENCE, RI 02903

Signing Officer

Name
Aaron Peterman
Title
Current Chief Operating Officer
Phone
4014558079
Signed
2019-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Peterman
Formed
2005
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Deborah a Hopkins
Phone
4012742001
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“For purposes of the footnote below, the foundation refers to providence public library foundation and the library refers to the related organization providence public library, referenced in sch r, part ii. The library and foundation are public charities exempt from income tax in accordance with section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose may be subject to taxation as unrelated business income if income from those activities meets certain levels. Management has determined that those income levels were not met for the year ended june 30, 2018. Management believes that the library and the foundation both operate in a manner consistent with their tax-exempt status at both the state and federal level. The library and the foundation annually file irs form 990 - return of organization exempt from income tax, reporting various information that the irs uses to monitor the activities of tax-exempt entities. These tax returns are subject to review by the taxing authorities, generally for a period of three years after they were filed. The library and the foundation currently have no tax examinations in progress.”

PART V: ENDOWMENT FUNDS

“Endowment composition by type of fund at the organization's year end is as follows: general operations $ 1,002,145 various book funds $ 3,203,672 total $ 4,205,817”

Raw XML AppendixShowing 400 of 430 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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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0050262713
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02061472
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PROVIDENCE PUBLIC LIBRARY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt02061472
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04185440
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt020377
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04205817
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04185340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04185440
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04185340
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04185340
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04182940
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04185340
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04182645
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0295
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04182940
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01236608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY ADVANCES FROM PPL
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR PURPOSES OF THE FOOTNOTE BELOW, THE FOUNDATION REFERS TO PROVIDENCE PUBLIC LIBRARY FOUNDATION AND THE LIBRARY REFERS TO THE RELATED ORGANIZATION PROVIDENCE PUBLIC LIBRARY, REFERENCED IN SCH R, PART II. THE LIBRARY AND FOUNDATION ARE PUBLIC CHARITIES EXEMPT FROM INCOME TAX IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME IF INCOME FROM THOSE ACTIVITIES MEETS CERTAIN LEVELS. MANAGEMENT HAS DETERMINED THAT THOSE INCOME LEVELS WERE NOT MET FOR THE YEAR ENDED JUNE 30, 2018. MANAGEMENT BELIEVES THAT THE LIBRARY AND THE FOUNDATION BOTH OPERATE IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE LIBRARY AND THE FOUNDATION ANNUALLY FILE IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE LIBRARY AND THE FOUNDATION CURRENTLY HAVE NO TAX EXAMINATIONS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ENDOWMENT COMPOSITION BY TYPE OF FUND AT THE ORGANIZATION'S YEAR END IS AS FOLLOWS: GENERAL OPERATIONS $ 1,002,145 VARIOUS BOOK FUNDS $ 3,203,672 TOTAL $ 4,205,817
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V: ENDOWMENT FUNDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01236608
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS MADE AVAILABLE TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE AT THE SECRETARY OF STATE'S OFFICE. FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS BY-LAWS OR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC AS IT DOES NOT BELIEVE THAT A PUBLIC PURPOSE WOULD BE SERVED BY DOING SO.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PROVIDENCE PUBLIC LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050262713
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE LIBRARY SERVICES TO THE CITY OF PROVIDENCE AND RHODE ISLAND.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0150 EMPIRE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002903
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02061472
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PROVIDENCE PUBLIC LIBRARY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0531783
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0862565
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt033589053
IRS990/TotalAssetsEOYAmt035857974
IRS990/TotalAssetsGrp/BOYAmt033589053
IRS990/TotalAssetsGrp/EOYAmt035857974
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt025931
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0239650
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02064599
IRS990/TotalFunctionalExpensesGrp/TotalAmt02304249
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0243542
IRS990/TotalLiabilitiesEOYAmt01277018
IRS990/TotalLiabilitiesGrp/BOYAmt0243542
IRS990/TotalLiabilitiesGrp/EOYAmt01277018
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt033345511
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt034580956
IRS990/TotalOtherCompensationAmt033580
IRS990/TotalProgramServiceExpensesAmt02064599
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02183220
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02209151
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033589053
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035857974
IRS990/TotReportableCompRltdOrgAmt0297349
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt028628288
IRS990/UnrestrictedNetAssetsGrp/EOYAmt029512574
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0150 EMPIRE STREET
IRS990/USAddress/CityNm0PROVIDENCE
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002903
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PROVLIB.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON PETERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CURRENT CHIEF OPERATING OFFICER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$35,857,974
Liabilities
$1,277,018
Net assets
$34,580,956
Revenue
$2,209,151
Expenses
$2,304,249
Net income
-$95,098
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$32.3$0.41$31.9$3.08$2.73$0.35
2021Summary only. Only limited summary data is available for this year.$38.0$0.24$37.8$2.77$3.84$1.07
2020Summary only. Only limited summary data is available for this year.$33.4$0.29$33.1$0.24$2.85$2.61
2019Summary only. Only limited summary data is available for this year.$34.9$0.29$34.6$2.60$2.49$0.11
2018Detailed filing. Detailed filing data is available for this year.$35.9$1.28$34.6$2.21$2.30$0.10
2017Summary only. Only limited summary data is available for this year.$33.6$0.24$33.3$1.35$2.54$1.19
2015Summary only. Only limited summary data is available for this year.$34.0$0.30$33.7$1.75$2.47$0.72
2014Summary only. Only limited summary data is available for this year.$34.6$0.29$34.3$3.29$2.36$0.93
2012Summary only. Only limited summary data is available for this year.$30.3$0.32$30.0$2.16
2011Summary only. Only limited summary data is available for this year.$31.8$0.35$31.5$2.81
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $25M-$50M nonprofits