Civic Intelligence

Riafc Foundation

990EZ • Fiscal year 2021 • EIN 45-1840670

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

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

93rd percentile

0.83x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.92x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

47th percentile

6.3%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

53rd percentile

7.5%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

9.3%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$47,927

Up $3,330 (+7.5%) from 2020

Net Assets

Up

$7,927

Up $3,330 (+72%) from 2020

Liabilities

Flat

$40,000

Flat from 2020

Revenue

Up

$43,516

Up $3,713 (+9.3%) from 2020

Expenses

Down

$40,753

Down $17,699 (-30%) from 2020

Net Income

Up

$2,763

Up $21,412 (+115%) from 2020

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

2021

Assets$47,927
Liabilities$40,000
Net Assets$7,927

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

2021

Revenue$43,516
Expenses$40,753
Net Income$2,763
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$43,516
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

Program Services

DescriptionGrantsExpenses
RAISED FUNDS FOR TRAINING & EDUCATION-$33,569
RAISED FUNDS FOR TRAINING & EDUCATION--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM GIANNINITreasurer-$0--
KIMBERLY DAWSONSecretary-$0--
RICHARD SUSIAssisant Sec-$0--
MICHAEL GINGELLVice Preside-$0--
ROBERT BRADLEYPresident-$0--
JAMES SOUSADirector-$0--
RICHARD SUSIOther Office-$0--
RICHARD SUSIOther Office-$0--
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
2022-11-14
Discuss with paid preparer
Yes

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-ez, Part I, Line 16

Expenses telephone 2,228 1,249 total 3,477

Form 990-ez, Part I, Line 20

Unrealized gain on investments 1,544 adj -977

Form 990-ez, Part II, Line 26

40,000 40,000

Form 990-ez, Part III

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-ez, Part III, Line 31

Raised funds for training & education

Raw XML Appendix172 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/TitleTxt1SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0THE 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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TELEPHONE 2,228 1,249 TOTAL 3,477
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON INVESTMENTS 1,544 ADJ -977
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt240,000 40,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4RAISED FUNDS FOR TRAINING & EDUCATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GIANNINI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIAFC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RIAF
ReturnHeader/Filer/EIN0451840670
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6041
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002940
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/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN E KNOWLESCPA
ReturnHeader/ReturnTs02022-11-14T13:56:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GANNI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits