Civic Intelligence

Rhode Island Elite

990EZ • Fiscal year 2016 • EIN 47-5610630

Sep 01, 2015 to Aug 31, 2016 • Filed on Mar 02, 2017

Organization ProfileWWW.RIELITE.COM
855 Main AveWarwick, RI 02886

(401) 487-7536

Siviq Scores

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

Liabilities / Assets

100th percentile

41.81x

Higher debt load relative to assets than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

2.31x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

3rd percentile

-226%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets100th percentile

Assets

$333

No earlier filing loaded for comparison.

Net Assets

-$13,590

No earlier filing loaded for comparison.

Liabilities

$13,923

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin3rd percentile

Revenue

$6,019

No earlier filing loaded for comparison.

Expenses

$19,609

No earlier filing loaded for comparison.

Net Income

-$13,590

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20K$10K$0-$10K-$20KAssets 2016: $333Liabilities 2016: $13,923Net Assets 2016: -$13,5902016

Highlighted filing

2016

Assets$333
Liabilities$13,923
Net Assets-$13,590
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20K$10K$0-$10K-$20KRevenue 2016: $6,019Expenses 2016: $19,609Net Income 2016: -$13,5902016

Highlighted filing

2016

Revenue$6,019
Expenses$19,609
Net Income-$13,590
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Mar 2, 2017
Return Version
2015v3.0
Gross Receipts
$6,019
Mission and Program Overview

Mission

Offer amateur sports programs

Program Services

DescriptionGrantsExpenses
SERVICED 30 CHILDREN IN RI AND MA AREAS A FEW OF THESE CHILDREN HAVE BEEN RECRUITED BY A FEW PRESTIGIOUS COLLEGES--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICHOLAS LIGHTPresidentFT$0--
ABDUL-NURI MAHMOUDVice PresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Rhode Island Elite
EIN
47-5610630
Address
855 MAIN AVE, Warwick, RI 02886

Signing Officer

Name
Nicholas Light
Title
President
Phone
4014877536
Signed
2017-03-02
Discuss with paid preparer
Yes

Preparer

Firm
Frank Jacinto CPA & Associates
Address
15 MARTIN ST 2A, Cumberland, RI 02864
Preparer
Frank Jacinto
Phone
4013332200
Supplemental Narrative

Additional Explanations

Amended return infomation

“Return is being amended to reflect that the association is a 501(c) 3 entity.501(c) 7 was accidentally input on the original return.”

Description of other expenses Part I line 16

“Description AmountAUTO 1,816BANK FEES 107TRAVEL 3,846SUPPLIES 2,036ADVERTISING 415TELEPHONE 59INTEREST 342DUES 615”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLOANS PAYABLE 0 13,923”

Raw XML Appendix120 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/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0NICHOLAS LIGHT
IRS990EZ/BooksInCareOfDetail/PhoneNum04014877536
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0855 MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Warwick
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002886
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0333
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0145
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13590
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0333
IRS990EZ/FundraisingGrossIncomeAmt0149
IRS990EZ/GrossReceiptsAmt06019
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt05725
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-13590
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-13590
IRS990EZ/OccupancyRentUtltsAndMaintAmt010289
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt055.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt155.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICHOLAS LIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ABDUL-NURI MAHMOUD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt09236
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OFFER AMATEUR SPORTS PROGRAMS
IRS990EZ/PrintingPublicationsPostageAmt084
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SERVICED 30 CHILDREN IN RI AND MA AREAS A FEW OF THESE CHILDREN HAVE BEEN RECRUITED BY A FEW PRESTIGIOUS COLLEGES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt0149
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013923
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019609
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt06019
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RIELITE.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05725
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt05725
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05725
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05725
IRS990ScheduleA/TotalSupportAmt05725
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN IS BEING AMENDED TO REFLECT THAT THE ASSOCIATION IS A 501(C) 3 ENTITY.501(C) 7 WAS ACCIDENTALLY INPUT ON THE ORIGINAL RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountAUTO 1,816BANK FEES 107TRAVEL 3,846SUPPLIES 2,036ADVERTISING 415TELEPHONE 59INTEREST 342DUES 615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearLOANS PAYABLE 0 13,923
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return infomation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICHOLAS LIGHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04014877536
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RHODE ISLAND ELITE
ReturnHeader/Filer/BusinessNameControlTxt0RHOD
ReturnHeader/Filer/EIN0475610630
ReturnHeader/Filer/USAddress/AddressLine1Txt0855 MAIN AVE
ReturnHeader/Filer/USAddress/CityNm0Warwick
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002886
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472488937
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK JACINTO CPA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 MARTIN ST 2A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cumberland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002864
ReturnHeader/PreparerPersonGrp/PhoneNum04013332200
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK JACINTO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-10T11:19:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$333
Liabilities
$13,923
Net assets
-$13,590
Revenue
$6,019
Expenses
$19,609
Net income
-$13,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.33$13.9$13.6$6.02$19.6$13.6
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits