Civic Intelligence

Riafc Foundation

990 • Fiscal year 2017 • EIN 45-1840670

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

PO Box 6041Providence, RI 02940

(401) 692-0795

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

49th percentile

3.0%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

232%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$106,167

Up $15,179 (+17%) from 2016

Net Assets

Up

$106,167

Up $15,179 (+17%) from 2016

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$222,558

Up $155,447 (+232%) from 2016

Expenses

Up

$215,868

Up $159,057 (+280%) from 2016

Net Income

Down

$6,690

Down $3,610 (-35%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $32,489Liabilities 2011: $02011Assets 2012: $31,759Liabilities 2012: $02012Assets 2013: $971,941Liabilities 2013: $0Net Assets 2013: $971,9412013Assets 2014: $146,096Liabilities 2014: $0Net Assets 2014: $146,0962014Assets 2015: $140,618Liabilities 2015: $0Net Assets 2015: $140,6182015Assets 2016: $90,988Net Assets 2016: $90,9882016Assets 2017: $106,167Liabilities 2017: $0Net Assets 2017: $106,1672017Assets 2018: $81,585Net Assets 2018: $81,5852018Assets 2019: $73,262Liabilities 2019: $0Net Assets 2019: $73,2622019Assets 2020: $44,597Liabilities 2020: $40,000Net Assets 2020: $4,5972020Assets 2021: $47,927Liabilities 2021: $40,000Net Assets 2021: $7,9272021Assets 2022: $29,660Net Assets 2022: $29,6602022Assets 2023: $30,884Liabilities 2023: $02023Assets 2024: $43,350Net Assets 2024: $43,3502024

Highlighted filing

2017

Assets$106,167
Liabilities$0
Net Assets$106,167

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $37,008Expenses 2011: $4,519Net Income 2011: $32,4892011Revenue 2012: $44,208Expenses 2012: $44,935Net Income 2012: -$7272012Revenue 2013: $1,131,988Expenses 2013: $191,805Net Income 2013: $940,1832013Revenue 2014: $353,797Expenses 2014: $308,005Net Income 2014: $45,7922014Revenue 2015: $282,760Expenses 2015: $285,916Net Income 2015: -$3,1562015Revenue 2016: $67,111Expenses 2016: $56,811Net Income 2016: $10,3002016Revenue 2017: $222,558Expenses 2017: $215,868Net Income 2017: $6,6902017Revenue 2018: $37,073Expenses 2018: $57,955Net Income 2018: -$20,8822018Revenue 2019: $287,082Expenses 2019: $297,140Net Income 2019: -$10,0582019Revenue 2020: $39,803Expenses 2020: $58,452Net Income 2020: -$18,6492020Revenue 2021: $43,516Expenses 2021: $40,753Net Income 2021: $2,7632021Revenue 2022: $61,073Expenses 2022: $34,526Net Income 2022: $26,5472022Revenue 2023: $45,693Expenses 2023: $44,571Net Income 2023: $1,1222023Revenue 2024: $56,083Expenses 2024: $48,053Net Income 2024: $8,0302024

Highlighted filing

2017

Revenue$222,558
Expenses$215,868
Net Income$6,690
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$222,558
Mission and Program Overview

Mission

The purpose of this non-profit corporation is to be a public charity whose focus is to raise funds,and disseminate those funds, to aid the education and training of the fire service as well as to support,and work closely with organiztions and members of the community whose charitable efforts strengthen the fire service and the community in general. To accomplish this purpose the foundation shall: a) provide for the assembly of riafc foundation directors and executive board members to discuss ways and means to raise and disseminate funds that will be used for the betterment of the fire service and the community in general. B)to cooperate with all allied and interested organizations that promote programs that further the education and training goals and objectives of the fire service. C)to help fund and encourage the development of public education in fire prevention for the preservation of human life and protection of property and material resources from destruction by fire. D)to financ

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,127$70,130▲ $10,003
Investments in Publicly Traded Securities-$36,037-
Savings and Temporary Cash Investments$30,861--
Total Assets$90,988$106,167▲ $15,179
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$90,988$106,167▲ $15,179
Total Net Assets Fund Balance$90,988$106,167▲ $15,179
Total Liabilities and Net Assets / Fund Balance$90,988$106,167▲ $15,179
Compensation and Service Providers

Board Members and Trustees

NameTitle
George S FerrellPresident
Kenneth FinlayDirector
Robert BradleyDirector
Stuart PearsonDirector
Richard SusiAssisant Sec
Kimberly DawsonSecretary
William GianniniTreasurer
Timothy WalshVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$178,788
Program Service Revenue
$28,325
Investment Income
$1,352
Other Revenue
$14,093
All Other Contributions
$21,850
Change in Net Assets
$6,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$210,616
Total Fundraising Expense$12,687
Grants and Similar Amounts Paid$5,252
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$179,437-$12,687$192,124
Conferences and Meetings$6,700--$6,700
Grants to Domestic Orgs$5,252--$5,252
Fees for Services Management$5,219--$5,219
Office Expenses-$3,452-$3,452
Fees for Services Accounting-$1,229-$1,229
Insurance$1,025--$1,025
Advertising$599--$599
Fees for Service Investment Mgmnt Fees-$268-$268
Total Functional Expenses$198,232$4,949$12,687$215,868
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
Backup withholding compliance
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Riafc Foundation
EIN
45-1840670
Address
PO BOX 6041, PROVIDENCE, RI 02940

Signing Officer

Name
William Giannini
Title
Treasurer
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Giannini
Formed
2011
Legal Domicile
Ri
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
KNOWLES EDGE & ASSOCIATES CPA'S
Address
31 KING CHARLES DR, PORTSMOUTH, RI 02871
Preparer
Ann E Knowlescpa
Phone
4016822221
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of this non-profit corporation is to be a public charity whose focus is to raise funds,and disseminate those funds, to aid the education and training of the fire service as well as to support,and work closely with organiztions and members of the community whose charitable efforts strengthen the fire service and the community in general. To accomplish this purpose the foundation shall: a) provide for the assembly of riafc foundation directors and executive board members to discuss ways and means to raise and disseminate funds that will be used for the betterment of the fire service and the community in general. B)to cooperate with all allied and interested organizations that promote programs that further the education and training goals and objectives of the fire service. C)to help fund and encourage the development of public education in fire prevention for the preservation of human life and protection of property and material resources from destruction by fire. D)to financially assist the expansion of present facilities for fire department training and to sponsor higher education for fire officers and personnel in technical branches and specialties of the fire service. E)to promote programs for fire fighters health and safety that create a work environment that reduces the risk to members of the fire service. F) to support and encourage fire service training and education in the delivery of pre-hospital emergency care and medical services at various proficiency levels to relieve human suffering and trauma. G) to operate exclusively for charitable, educational and scientific purposes within the meaning of section 501(c)(3)of the internal revenue code of 1986, as amended, or the corresponding provision of any future federal tax code, and notwithstanding any other provision of these articles, the corporation shall not carry on any other activities not permitted to be carried on by a corporation exempt from federal income tax uder section 501(c)(3). B)to do any and all things necessary, suitable or proper for the attainment of any and all of the foregoing purposes,and subject to the limitations contained herein, to engage in any lawful activity for which a non-profit corporation may be organized under chapter 7-6 of the general laws of rholde island, as amended, or the corresponding provisions of any future statute enacted in substitution therefore.

Form 990, Page 2, Part III, Line 4D

Raised funds for training & education

Form 990, Part IX, Line 11G

Education & training 8,700 0 0 honorariums & memorials 9,918 0 0 public education 5,256 0 0 safer grant expenditures 155,563 0 0 fire-up event fire-up expenses 0 0 12,687 total 179,437 0 12,687

Form 990, Part XI, Line 9

OTHER ADJ 4,397

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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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0282760
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0353797
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0264351
IRS990ScheduleA/Total509Grp/TotalAmt01190434
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0282760
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0353797
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0264351
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01190434
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THIS NON-PROFIT CORPORATION IS TO BE A PUBLIC CHARITY WHOSE FOCUS IS TO RAISE FUNDS,AND DISSEMINATE THOSE FUNDS, TO AID THE EDUCATION AND TRAINING OF THE FIRE SERVICE AS WELL AS TO SUPPORT,AND WORK CLOSELY WITH ORGANIZTIONS AND MEMBERS OF THE COMMUNITY WHOSE CHARITABLE EFFORTS STRENGTHEN THE FIRE SERVICE AND THE COMMUNITY IN GENERAL. TO ACCOMPLISH THIS PURPOSE THE FOUNDATION SHALL: A) PROVIDE FOR THE ASSEMBLY OF RIAFC FOUNDATION DIRECTORS AND EXECUTIVE BOARD MEMBERS TO DISCUSS WAYS AND MEANS TO RAISE AND DISSEMINATE FUNDS THAT WILL BE USED FOR THE BETTERMENT OF THE FIRE SERVICE AND THE COMMUNITY IN GENERAL. B)TO COOPERATE WITH ALL ALLIED AND INTERESTED ORGANIZATIONS THAT PROMOTE PROGRAMS THAT FURTHER THE EDUCATION AND TRAINING GOALS AND OBJECTIVES OF THE FIRE SERVICE. C)TO HELP FUND AND ENCOURAGE THE DEVELOPMENT OF PUBLIC EDUCATION IN FIRE PREVENTION FOR THE PRESERVATION OF HUMAN LIFE AND PROTECTION OF PROPERTY AND MATERIAL RESOURCES FROM DESTRUCTION BY FIRE. D)TO FINANCIALLY ASSIST THE EXPANSION OF PRESENT FACILITIES FOR FIRE DEPARTMENT TRAINING AND TO SPONSOR HIGHER EDUCATION FOR FIRE OFFICERS AND PERSONNEL IN TECHNICAL BRANCHES AND SPECIALTIES OF THE FIRE SERVICE. E)TO PROMOTE PROGRAMS FOR FIRE FIGHTERS HEALTH AND SAFETY THAT CREATE A WORK ENVIRONMENT THAT REDUCES THE RISK TO MEMBERS OF THE FIRE SERVICE. F) TO SUPPORT AND ENCOURAGE FIRE SERVICE TRAINING AND EDUCATION IN THE DELIVERY OF PRE-HOSPITAL EMERGENCY CARE AND MEDICAL SERVICES AT VARIOUS PROFICIENCY LEVELS TO RELIEVE HUMAN SUFFERING AND TRAUMA. G) TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISION OF ANY FUTURE FEDERAL TAX CODE, AND NOTWITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES, THE CORPORATION SHALL NOT CARRY ON ANY OTHER ACTIVITIES NOT PERMITTED TO BE CARRIED ON BY A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UDER SECTION 501(C)(3). B)TO DO ANY AND ALL THINGS NECESSARY, SUITABLE OR PROPER FOR THE ATTAINMENT OF ANY AND ALL OF THE FOREGOING PURPOSES,AND SUBJECT TO THE LIMITATIONS CONTAINED HEREIN, TO ENGAGE IN ANY LAWFUL ACTIVITY FOR WHICH A NON-PROFIT CORPORATION MAY BE ORGANIZED UNDER CHAPTER 7-6 OF THE GENERAL LAWS OF RHOLDE ISLAND, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY FUTURE STATUTE ENACTED IN SUBSTITUTION THEREFORE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RAISED FUNDS FOR TRAINING & EDUCATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EDUCATION & TRAINING 8,700 0 0 HONORARIUMS & MEMORIALS 9,918 0 0 PUBLIC EDUCATION 5,256 0 0 SAFER GRANT EXPENDITURES 155,563 0 0 FIRE-UP EVENT FIRE-UP EXPENSES 0 0 12,687 TOTAL 179,437 0 12,687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER ADJ 4,397
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0198232
IRS990/TotalFunctionalExpensesGrp/TotalAmt0215868
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IRS990/TotalOtherProgSrvcGrantAmt05252
IRS990/TotalProgramServiceExpensesAmt0198232
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt043770
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IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0[email protected]
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GIANNINI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIAFC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RIAF
ReturnHeader/Filer/EIN0451840670
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6041
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C9A3841A62A690B121AC13C0204DC4FD18278173
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.175.157.30
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:42:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020774926
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KNOWLES EDGE & ASSOCIATES CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 KING CHARLES DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTSMOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002871
ReturnHeader/PreparerPersonGrp/PhoneNum04016822221
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN E KNOWLESCPA
ReturnHeader/ReturnTs02018-11-14T15:42:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.04$0.06$0.05$0.01
2023Summary only. Only limited summary data is available for this year.$0.03$0.00$0.05$0.04$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.06$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.04$0.01$0.04$0.04$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.04$0.00$0.04$0.06$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.29$0.30$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.08$0.04$0.06$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.22$0.22$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.09$0.07$0.06$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.28$0.29$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.35$0.31$0.05
2013Summary only. Only limited summary data is available for this year.$0.97$0.00$0.97$1.13$0.19$0.94
2012Summary only. Only limited summary data is available for this year.$0.03$0.00$0.04$0.04$0.00
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.04$0.00$0.03