Civic Intelligence

Foundation Blue Inc.

990EZ • Fiscal year 2021 • EIN 46-4671142

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

Organization ProfileWWW.FOUNDATIONBLUE.ORG
51 Dunns Corner RoadWesterly, RI 02891

(401) 322-0841

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.

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

44th percentile

4.5%

Higher net margin than 44% of similar nonprofits.

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

Top Officer Pay

90th percentile

$41,600

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 53.1% of source-year revenue.

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

Asset Growth

88th percentile

91%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

65th percentile

25%

Faster revenue growth than 65% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$7,308

Up $3,490 (+91%) from 2020

Net Assets

Up

$7,308

Up $3,490 (+91%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin44th percentile

Revenue

Up

$78,361

Up $15,870 (+25%) from 2020

Expenses

Up

$74,871

Up $7,332 (+11%) from 2020

Net Income

Up

$3,490

Up $8,538 (+169%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$15K$10K$5.0K$0Assets 2019: $8,866Liabilities 2019: $0Net Assets 2019: $8,8662019Assets 2020: $3,818Liabilities 2020: $0Net Assets 2020: $3,8182020Assets 2021: $7,308Liabilities 2021: $0Net Assets 2021: $7,3082021Assets 2022: $14,024Liabilities 2022: $0Net Assets 2022: $14,0242022Assets 2023: $10,631Liabilities 2023: $771Net Assets 2023: $9,8602023Assets 2024: $1,445Liabilities 2024: $937Net Assets 2024: $5082024

Highlighted filing

2021

Assets$7,308
Liabilities$0
Net Assets$7,308
Open 2021 Filing

Operations Trend

Revenue Growth65th percentile

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

$100K$50K$0-$50KRevenue 2019: $62,297Expenses 2019: $59,090Net Income 2019: $3,2072019Revenue 2020: $62,491Expenses 2020: $67,539Net Income 2020: -$5,0482020Revenue 2021: $78,361Expenses 2021: $74,871Net Income 2021: $3,4902021Revenue 2022: $75,240Expenses 2022: $68,524Net Income 2022: $6,7162022Revenue 2023: $60,680Expenses 2023: $64,844Net Income 2023: -$4,1642023Revenue 2024: $41,387Expenses 2024: $50,739Net Income 2024: -$9,3522024

Highlighted filing

2021

Revenue$78,361
Expenses$74,871
Net Income$3,490
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.2
Gross Receipts
$81,936
Mission and Program Overview

Mission

To provide financial services to poor

Program Services

DescriptionGrantsExpenses
PROVIDE SCHOLARSHIPS TO TWO COMMUNITY COLLEGES FOR STUDENTS MAJORING IN AUTOMOTIVE TECH-$74,871
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTON SANTOSExecutive AssistantPT$41,600-$41,600
NANCY DEROCHAMBEAUDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Foundation Blue Inc of Ri
EIN
46-4671142
Address
51 DUNNS CORNER ROAD, WESTERLY, RI 02891

Signing Officer

Name
Nancy Derochambeau
Title
Director
Phone
4013220841
Signed
2022-05-10
Discuss with paid preparer
No

Preparer

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

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity SCHOLARSHIPS FOR STUDENTS STUDYING AUTOMOTIVE TECHGrantee NEW ENGLAND INSTITUTE OF TECHNOLOGYStreet 1 NEW ENGLAND TECH BLVD City, State, Zip EAST GREENWICH, RI 02818Relationship NONE Amount 5,000Activity SCHOLARSHIPS FOR STUDENTS STUDYING AUTOMOTIVE TECHGrantee HARRISBURG AREA COMMUNITY COLLEGE Street ONE HARRISBURG DRIVE City, State, Zip HARRISBURG, PA 17110Relationship NONE Amount 5,000”

Description of other expenses Part I line 16

“Description AmountADVERTISING AND MARKETING 342BANK CHARGES AND PAYAL FEES 751EDUCATION EXPENSE 205SHIPPING EXPENSE 405CONTRACTORS 5,497TRAVEL AND MEALS TO EVENTS 5,046OFFICE SUPPLIES AND SOFTWARE 379SUBSCRIPTION SERVICES 804JOB SUPPLIES 47INTERNET 1,549LICENSES 22MISCELLANEOUS 1,207JOB SUPPLIES 36TELEPHONE 2,236PAYROLL TAXES 3,899”

Raw XML Appendix137 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum04013220841
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt051 DUNNS CORNER RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WESTERLY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002891
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03818
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07308
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt03490
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt093
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
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IRS990EZ/GrossReceiptsAmt081936
IRS990EZ/GrossSalesOfInventoryAmt04590
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03818
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07308
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03818
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07308
IRS990EZ/OccupancyRentUtltsAndMaintAmt0753
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt141600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY DEROCHAMBEAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTON SANTOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE ASSISTANT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt022425
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL SERVICES TO POOR
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SCHOLARSHIPS TO TWO COMMUNITY COLLEGES FOR STUDENTS MAJORING IN AUTOMOTIVE TECH
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074871
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt041600
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074871
IRS990EZ/TotalProgramServiceExpensesAmt074871
IRS990EZ/TotalRevenueAmt078361
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FOUNDATIONBLUE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt077346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0180866
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.37310
IRS990ScheduleA/PublicSupportPY170Pct00.28390
IRS990ScheduleA/PublicSupportTotal170Amt067483
IRS990ScheduleA/SubstantialContributorsTotAmt0113383
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt077346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt050774
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0180866
IRS990ScheduleA/TotalSupportAmt0180866
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity SCHOLARSHIPS FOR STUDENTS STUDYING AUTOMOTIVE TECHGrantee NEW ENGLAND INSTITUTE OF TECHNOLOGYStreet 1 NEW ENGLAND TECH BLVD City, State, Zip EAST GREENWICH, RI 02818Relationship NONE Amount 5,000Activity SCHOLARSHIPS FOR STUDENTS STUDYING AUTOMOTIVE TECHGrantee HARRISBURG AREA COMMUNITY COLLEGE Street ONE HARRISBURG DRIVE City, State, Zip HARRISBURG, PA 17110Relationship NONE Amount 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountADVERTISING AND MARKETING 342BANK CHARGES AND PAYAL FEES 751EDUCATION EXPENSE 205SHIPPING EXPENSE 405CONTRACTORS 5,497TRAVEL AND MEALS TO EVENTS 5,046OFFICE SUPPLIES AND SOFTWARE 379SUBSCRIPTION SERVICES 804JOB SUPPLIES 47INTERNET 1,549LICENSES 22MISCELLANEOUS 1,207JOB SUPPLIES 36TELEPHONE 2,236PAYROLL TAXES 3,899
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY DEROCHAMBEAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04013220841
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION BLUE INC OF RI
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0464671142
ReturnHeader/Filer/USAddress/AddressLine1Txt051 DUNNS CORNER ROAD
ReturnHeader/Filer/USAddress/CityNm0WESTERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002891
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050471368
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUFOUR & SCHMITT LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt056 EXCHANGE TERRACE 5TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002903
ReturnHeader/PreparerPersonGrp/PhoneNum04017517154
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER M DUFOUR
ReturnHeader/ReturnTs02022-05-31T12:25:20-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NANCY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEROCHAMBEAU
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,308
Liabilities
$0
Net assets
$7,308
Revenue
$78,361
Expenses
$74,871
Net income
$3,490
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.45$0.94$0.51$41.4$50.7$9.35
2023Detailed filing. Detailed filing data is available for this year.$10.6$0.77$9.86$60.7$64.8$4.16
2022Detailed filing. Detailed filing data is available for this year.$14.0$0.00$14.0$75.2$68.5$6.72
2021Detailed filing. Detailed filing data is available for this year.$7.31$0.00$7.31$78.4$74.9$3.49
2020Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$62.5$67.5$5.05
2019Detailed filing. Detailed filing data is available for this year.$8.87$0.00$8.87$62.3$59.1$3.21