Civic Intelligence

Foundation Blue Inc.

990EZ • Fiscal year 2024 • EIN 46-4671142

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 08, 2025

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

91st percentile

0.65x

Higher debt load relative to assets than 91% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-23%

Higher net margin than 17% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

5th percentile

-86%

Faster asset growth than 5% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-32%

Faster revenue growth than 18% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$1,445

Down $9,186 (-86%) from 2023

Net Assets

Down

$508

Down $9,352 (-95%) from 2023

Liabilities

Up

$937

Up $166 (+22%) from 2023

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin17th percentile

Revenue

Down

$41,387

Down $19,293 (-32%) from 2023

Expenses

Down

$50,739

Down $14,105 (-22%) from 2023

Net Income

Down

-$9,352

Down $5,188 (-125%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth5th 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

2024

Assets$1,445
Liabilities$937
Net Assets$508
Open 2024 Filing

Operations Trend

Revenue Growth18th 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

2024

Revenue$41,387
Expenses$50,739
Net Income-$9,352
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 8, 2025
Return Version
2024v5.2
Gross Receipts
$41,387
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-$50,739
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY DEROCHAMBEAUDirectorPT$0--
PATRICK HOLDENTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Foundation Blue Inc of Ri
EIN
46-4671142
In Care Of
% NANCY DEROCHAMBEAU
Address
51 DUNNS CORNER ROAD, WESTERLY, RI 02891

Signing Officer

Name
Nancy Derochambeau
Title
President
Signed
2025-11-08
Discuss with paid preparer
No

Preparer

Firm
Dufour & Schmitt Ltd
Address
272 WEST EXCHANGE ST STE 001, PROVIDENCE, RI 02903
Preparer
Roger M Dufour
Phone
4017517154
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAUTO EXPENSE 820BANK CHARGES AND PAYAL FEES 32EDUCATION EXPENSE 470CONTRACTORS 1,423OTHER EXPENSE 105TRAVEL AND MEALS TO EVENTS 251OFFICE SUPPLIES AND SOFTWARE 220INTERNET ABD TELEPHONE 1,951”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPAYROLL TAX WITHHELD 771 937”

Raw XML Appendix136 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NANCY DEROCHAMBEAU
IRS990EZ/BooksInCareOfDetail/PhoneNum04013220841
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt051 DUNNS CORNER RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WESTERLY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002891
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010631
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01445
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013866
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9352
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010631
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01445
IRS990EZ/GrossReceiptsAmt041387
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt033
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09860
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0508
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09860
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0508
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NANCY DEROCHAMBEAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PATRICK HOLDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt05272
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL SERVICES TO POOR
IRS990EZ/ProgramServiceRevenueAmt027488
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SCHOLARSHIPS TO TWO COMMUNITY COLLEGES FOR STUDENTS MAJORING IN AUTOMOTIVE TECH
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050739
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt045467
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0771
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0937
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050739
IRS990EZ/TotalProgramServiceExpensesAmt050739
IRS990EZ/TotalRevenueAmt041387
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FOUNDATIONBLUE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt049357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt071876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0265192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35090
IRS990ScheduleA/PublicSupportPY170Pct00.36880
IRS990ScheduleA/PublicSupportTotal170Amt093077
IRS990ScheduleA/SubstantialContributorsTotAmt0172115
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt049357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052746
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0265192
IRS990ScheduleA/TotalSupportAmt0265225
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/ExplanationTxt0Description AmountAUTO EXPENSE 820BANK CHARGES AND PAYAL FEES 32EDUCATION EXPENSE 470CONTRACTORS 1,423OTHER EXPENSE 105TRAVEL AND MEALS TO EVENTS 251OFFICE SUPPLIES AND SOFTWARE 220INTERNET ABD TELEPHONE 1,951
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearPAYROLL TAX WITHHELD 771 937
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY DEROCHAMBEAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION BLUE INC OF RI
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0464671142
ReturnHeader/Filer/InCareOfNm0% NANCY DEROCHAMBEAU
ReturnHeader/Filer/USAddress/AddressLine1Txt051 DUNNS CORNER ROAD
ReturnHeader/Filer/USAddress/CityNm0WESTERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002891
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050471368
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUFOUR & SCHMITT LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0272 WEST EXCHANGE ST STE 001
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PROVIDENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002903
ReturnHeader/PreparerPersonGrp/PhoneNum04017517154
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROGER M DUFOUR
ReturnHeader/ReturnTs02025-11-08T12:35:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,445
Liabilities
$937
Net assets
$508
Revenue
$41,387
Expenses
$50,739
Net income
-$9,352
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