Civic Intelligence

Providence Promise

990 • Fiscal year 2022 • EIN 47-1918920

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 23, 2023

Organization ProfileWWW.PVDPROMISE.ORG
Two Regency Plaza 4Providence, RI 02903

(401) 383-3381

Siviq Scores

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

Liabilities / Assets

59th percentile

0.04x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

53rd percentile

0.03x

Higher debt load relative to revenue than 53% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

80th percentile

$77,160

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

89th percentile

68%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

40%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$403,115

Up $162,765 (+68%) from 2021

Net Assets

Up

$385,275

Up $145,790 (+61%) from 2021

Liabilities

Up

$17,840

Up $16,975 (+1962%) from 2021

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin73rd percentile

Revenue

Up

$631,702

Up $178,938 (+40%) from 2021

Expenses

Up

$485,912

Up $161,376 (+50%) from 2021

Net Income

Up

$145,790

Up $17,562 (+14%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$800K$600K$400K$200K$0Assets 2015: $42,718Liabilities 2015: $30,430Net Assets 2015: $12,2882015Assets 2016: $46,060Liabilities 2016: $8,878Net Assets 2016: $37,1822016Assets 2017: $98,638Liabilities 2017: $10,423Net Assets 2017: $88,2152017Assets 2018: $86,807Liabilities 2018: $25,025Net Assets 2018: $61,7822018Assets 2019: $61,471Liabilities 2019: $1,943Net Assets 2019: $59,5282019Assets 2020: $139,057Liabilities 2020: $27,800Net Assets 2020: $111,2572020Assets 2021: $240,350Liabilities 2021: $865Net Assets 2021: $239,4852021Assets 2022: $403,115Liabilities 2022: $17,840Net Assets 2022: $385,2752022Assets 2023: $688,834Liabilities 2023: $296,334Net Assets 2023: $392,5002023Assets 2024: $482,135Liabilities 2024: $259,950Net Assets 2024: $222,1852024Assets 2025: $560,099Liabilities 2025: $398,582Net Assets 2025: $161,5172025

Highlighted filing

2022

Assets$403,115
Liabilities$17,840
Net Assets$385,275
Open 2022 Filing

Operations Trend

Revenue Growth74th percentile

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

$1.0M$500K$0-$500KRevenue 2015: $60,132Expenses 2015: $47,844Net Income 2015: $12,2882015Revenue 2016: $77,593Expenses 2016: $52,700Net Income 2016: $24,8932016Revenue 2017: $176,232Expenses 2017: $125,199Net Income 2017: $51,0332017Revenue 2018: $248,889Expenses 2018: $275,322Net Income 2018: -$26,4332018Revenue 2019: $200,800Expenses 2019: $203,052Net Income 2019: -$2,2522019Revenue 2020: $241,447Expenses 2020: $189,718Net Income 2020: $51,7292020Revenue 2021: $452,764Expenses 2021: $324,536Net Income 2021: $128,2282021Revenue 2022: $631,702Expenses 2022: $485,912Net Income 2022: $145,7902022Revenue 2023: $819,387Expenses 2023: $812,162Net Income 2023: $7,2252023Revenue 2024: $811,416Expenses 2024: $982,916Net Income 2024: -$171,5002024Revenue 2025: $783,915Expenses 2025: $855,447Net Income 2025: -$71,5322025

Highlighted filing

2022

Revenue$631,702
Expenses$485,912
Net Income$145,790
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 23, 2023
Return Version
2021v4.2
Gross Receipts
$631,702
Mission and Program Overview

Mission

Providence promise promotes high educational aspirations and more equitable opportunities for providence public school students by advocating for college savings accounts and family engagement, increasing financial literacy, and reducing the financial burden of higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$230,013-
Cash and Non-Interest-Bearing Accounts$235,983$165,032▼ $70,951
Prepaid Expenses and Deferred Charges$1,710$3,915▲ $2,205
Land, Buildings, and Equipment, Net$2,657$2,155▼ $502
Accounts Receivable-$2,000-
Total Assets$240,350$403,115▲ $162,765
Liabilities
Accounts Payable and Accrued Expenses$865$17,840▲ $16,975
Total Liabilities$865$17,840▲ $16,975
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$239,485$385,275▲ $145,790
Total Net Assets Fund Balance$239,485$385,275▲ $145,790
Total Liabilities and Net Assets / Fund Balance$240,350$403,115▲ $162,765

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,155$2,117$4,272
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Madalyn CiampiExecutive DirectorFT$72,638$4,522$77,160

Board Members and Trustees

NameTitle
Daniel BaudouinBoard Chair
Christine DibiaseVice Chair
Cameron ArrundellDirector
Dr Kenneth WongDirector
Emily FigueroaDirector
Eve Veliz-moranDirector
Henry RemolinaDirector
James VincentDirector
Kayla RosenDirector
Lajuan AllenDirector
Marlen HernandezDirector
Richard LappinDirector
Robert BargeDirector
Torrell MolaDirector
Olinda UrizarSecretary
John KashmanianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$631,092
Program Service Revenue
$0
Investment Income
$43
Other Revenue
$567
All Other Contributions
$625,876
Change in Net Assets
$145,790

Audited Revenue Reconciliation

Revenue per Audited Statements
$631,702
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$23,268
Total Revenue per Audited Statements
$654,970
Total Revenue per Form 990
$631,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$305,593
Other Expenses$180,319
Total Fundraising Expense$74,090
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$149,892$3,064$45,269$198,225
Current Officers, Directors, Trustees, and Key Employees$39,602$19,800$19,800$79,202
Office Expenses-$25,030$3,261$28,291
Payroll Taxes$15,023$1,810$5,331$22,164
Fees for Services Other-$6,283-$6,283
Other Employee Benefits$5,618$230$154$6,002
Information Technology-$5,547-$5,547
Advertising-$5,317-$5,317
Insurance-$4,101-$4,101
Depreciation Depletion-$1,353-$1,353
Other Expenses$733$93$275$1,101
Total Functional Expenses$339,194$72,628$74,090$485,912

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$509,180
Expenses per Audited Statements$485,912
Total Expenses per Form 990$485,912
Expenses Not Reported on Form 990$23,268
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the 990 is reviewed by the board of directors before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually by all directors and each director signs a conflict disclosure certification annually.”

Form 990, Part VI, Section C, Line 18

“The organization's information returns are available upon request.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy and financial statements are available upon request made to the organizations address.”

Filing and Contact Details

Filer

Filer Name
Providence Promise
EIN
47-1918920
Phone
4013833381
Address
TWO REGENCY PLAZA 4, PROVIDENCE, RI 02903

Signing Officer

Name
Daniel Baudouin
Title
Board Chair
Phone
4013833381
Signed
2023-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Baudouin
Formed
2014
Legal Domicile
Ri
Voting Board Members
16
Independent Board Members
16
Employees
10
Volunteers
0

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
500 EXCHANGE STREET SUITE 9-100, PROVIDENCE, RI 02903
Preparer
Peter Brown
Phone
4014214800
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

“The organization did not change its oversight process or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the "code") and is exempt from federal and state income taxes. As a nonprofit entity, the organization is subject to unrelated business income tax ("ubit"), if applicable. In accordance with fasb asc 740, income taxes, the organization applies the "more likely than not" threshold to the recognition and derecognition of tax positions for its financial statements. Management has evaluated the organization's tax positions and has concluded that there were no uncertain tax positions that qualify for either recognition or disclosure.”

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IRS990/ActivityOrMissionDesc0PROVIDENCE PROMISE PROMOTES HIGH EDUCATIONAL ASPIRATIONS AND MORE EQUITABLE OPPORTUNITIES FOR PROVIDENCE PUBLIC SCHOOL STUDENTS BY ADVOCATING FOR COLLEGE SAVINGS ACCOUNTS AND FAMILY ENGAGEMENT, INCREASING FINANCIAL LITERACY, AND REDUCING THE FINANCIAL BURDEN OF HIGHER EDUCATION.
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IRS990/Desc0PROVIDENCE PROMISE'S UNIQUE , MULTI- PRONGED STRUCTURE IS DESIGNED TO HOLISTICALLY ADDRESS THE CHALLENGES FACED BY PROVIDENCE STUDENTS IN THEIR PURSUIT OF HIGHER EDUCATION.EARLY ENROLLMENT: PARENTS/GUARDIANS ENROLL THEIR CHILDREN BY THE TIME THEY ENTER THE PUBLIC SCHOOL SYSTEM, WHEN CHILDREN FROM BIRTH TO GRADE NINE ARE ELIGIBLE.COLLEGE SAVINGS: UPON ENROLLMENT, FAMILIES OPEN A 529 COLLEGE SAVINGS ACCOUNT FOR EACH CHILD AND CONTRIBUTE AN AVERAGE OF 1% OF THEIR GROSS ANNUAL HOUSEHOLD INCOME INTO EACH CHILD'S ACCOUNT FOR A PERIOD OF UP TO 15 YEARS. PROVIDENCE PROMISE PROVIDES AN INITIAL CONTRIBUTION OF $100 TO EACH CHILD'S ACCOUNT, AND ALSO PROVIDES OPPORTUNITIES FOR FAMILIES AND CHILDREN TO EARN ADDITIONAL INCENTIVES TO BUILD THEIR COLLEGE SAVINGS BY ACHIEVING CERTAIN GOALS.FAMILY ENGAGEMENT: PROVIDENCE PROMISE FACILITATES ONGOING FAMILY ENGAGEMENT AND FINANCIAL LITERACY THROUGH SCHOOL- BASED EVENTS, WORKSHOPS, COLLEGE VISITS, REFERRALS TO COLLEGE ACCESS PROGRAMS, AND MORE. THE FAMILY ENGAGEMENT PROGRAM ALSO INCLUDES A DEDICATED PARENT COUNCIL COMPRISED OF PARENT LEADERS WHO INFORM PROGRAM CHANGES AND FUTURE WORKSHOP TOPICS , AND HELP TO PLAN EVENTS.REDUCING THE FINANCIAL BURDEN: PROVIDENCE PROMISE WILL WORK WITH EACH STUDENT AND THEIR FAMILY TO IDENTIFY THE HIGHER EDUCATION CHOICES THAT BEST FIT THE NEEDS AND GOALS OF EACH CHILD AND TO ASSURE THAT ALL ACCESSIBLE FINANCIAL AID IS SECURED, INCLUDING FUNDS THAT MAY BE RAISEDBY PROVIDENCE PROMISE.
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IRS990/GovernmentGrantsAmt02000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0631702
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05547
IRS990/InformationTechnologyGrp/TotalAmt05547
IRS990/InsuranceGrp/ManagementAndGeneralAmt04101
IRS990/InsuranceGrp/TotalAmt04101
IRS990/InvestmentIncomeGrp/ExclusionAmt043
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt043
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02117
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02657
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02155
IRS990/LandBldgEquipCostOrOtherBssAmt04272
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDENCE PROMISE PROMOTES HIGH EDUCATIONAL ASPIRATIONS AND MORE EQUITABLE OPPORTUNITIES FOR PROVIDENCE PUBLIC SCHOOL STUDENTS BY ADVOCATING FOR COLLEGE SAVINGS ACCOUNTS AND FAMILY ENGAGEMENT, INCREASING FINANCIAL LITERACY , AND REDUCING THE FINANCIAL BURDEN OF HIGHER EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0239485
IRS990/NetAssetsOrFundBalancesEOYAmt0385275
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0239485
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0385275
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03261
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025030
IRS990/OfficeExpensesGrp/TotalAmt028291
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0154
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0230
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05618
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06002
IRS990/OtherExpensesGrp/Desc0CONTRIBUTIONS TO FAMILY
IRS990/OtherExpensesGrp/Desc1FAMILY ENGAGEMENT
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt0275
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt093
IRS990/OtherExpensesGrp/ProgramServicesAmt0117733
IRS990/OtherExpensesGrp/ProgramServicesAmt110593
IRS990/OtherExpensesGrp/ProgramServicesAmt2733
IRS990/OtherExpensesGrp/TotalAmt0117733
IRS990/OtherExpensesGrp/TotalAmt110593
IRS990/OtherExpensesGrp/TotalAmt21101
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0567
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0567
IRS990/OtherRevenueTotalAmt0567
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt045269
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03064
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0149892
IRS990/OtherSalariesAndWagesGrp/TotalAmt0198225
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05331
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01810
IRS990/PayrollTaxesGrp/ProgramServicesAmt015023
IRS990/PayrollTaxesGrp/TotalAmt022164
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01710
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03915
IRS990/PrincipalOfficerNm0DANIEL BAUDOUIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0452764
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt093408
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0128228
IRS990/PYSalariesCompEmpBnftPaidAmt0231128
IRS990/PYTotalExpensesAmt0324536
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0452764
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0145790
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0230013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0631092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0424964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0241447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0200800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0248889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01747192
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt043
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0567
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt027800
IRS990ScheduleA/OtherIncome170Grp/TotalAmt028367
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77970
IRS990ScheduleA/PublicSupportPY170Pct00.83200
IRS990ScheduleA/PublicSupportTotal170Amt01384440
IRS990ScheduleA/SubstantialContributorsTotAmt0362752
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0631092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0424964
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0241447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0200800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0248889
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01747192
IRS990ScheduleA/TotalSupportAmt01775602
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt023268
IRS990ScheduleD/DonatedServicesUseFcltsAmt023268
IRS990ScheduleD/ExpensesNotReportedAmt023268
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0485912
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02155
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02117
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04272
IRS990ScheduleD/RevenueNotReportedAmt023268
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0631702
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS A NONPROFIT ENTITY, THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, THE ORGANIZATION APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02155
IRS990ScheduleD/TotalExpensesPerForm990Amt0485912
IRS990ScheduleD/TotalRevenuePerForm990Amt0631702
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0654970
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0509180
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL DIRECTORS AND EACH DIRECTOR SIGNS A CONFLICT DISCLOSURE CERTIFICATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S INFORMATION RETURNS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST MADE TO THE ORGANIZATIONS ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0042806263
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0RI

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$403,115
Liabilities
$17,840
Net assets
$385,275
Revenue
$631,702
Expenses
$485,912
Net income
$145,790
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.60$3.99$1.62$7.84$8.55$0.72
2024Detailed filing. Detailed filing data is available for this year.$4.82$2.60$2.22$8.11$9.83$1.72
2023Detailed filing. Detailed filing data is available for this year.$6.89$2.96$3.93$8.19$8.12$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.03$0.18$3.85$6.32$4.86$1.46
2021Detailed filing. Detailed filing data is available for this year.$2.40$0.01$2.39$4.53$3.25$1.28
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.28$1.11$2.41$1.90$0.52
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.60$2.01$2.03$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.25$0.62$2.49$2.75$0.26
2017Summary only. Only limited summary data is available for this year.$0.99$0.10$0.88$1.76$1.25$0.51
2016Detailed filing. Detailed filing data is available for this year.$0.46$0.09$0.37$0.78$0.53$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.30$0.12$0.60$0.48$0.12