Civic Intelligence

Procap Housing Inc.

990 • Fiscal year 2020 • EIN 54-2078482

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 11, 2021

Organization ProfileN/A
518 Hartford AvenueProvidence, RI 02909

(401) 273-2000

Siviq Scores

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

Liabilities / Assets

96th percentile

1.37x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

12.82x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

18th percentile

-3.7%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

50th percentile

0.8%

Faster revenue growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,463,038

Down $55,526 (-3.7%) from 2019

Net Assets

Down

-$536,284

Down $59,481 (-12%) from 2019

Liabilities

Up

$1,999,322

Up $3,955 (+0.2%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin9th percentile

Revenue

Up

$155,913

Up $1,183 (+0.8%) from 2019

Expenses

Up

$215,394

Up $11,557 (+5.7%) from 2019

Net Income

Down

-$59,481

Down $10,374 (-21%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,987,556Liabilities 2011: $1,937,229Net Assets 2011: $50,3272011Assets 2012: $1,918,515Liabilities 2012: $1,937,378Net Assets 2012: -$18,8632012Assets 2013: $1,838,163Liabilities 2013: $1,939,218Net Assets 2013: -$101,0552013Assets 2014: $1,754,005Liabilities 2014: $1,953,474Net Assets 2014: -$199,4692014Assets 2015: $1,664,296Liabilities 2015: $1,957,931Net Assets 2015: -$293,6352015Assets 2016: $1,624,009Liabilities 2016: $1,965,870Net Assets 2016: -$341,8612016Assets 2017: $1,588,719Liabilities 2017: $1,974,466Net Assets 2017: -$385,7472017Assets 2018: $1,558,174Liabilities 2018: $1,981,635Net Assets 2018: -$423,4612018Assets 2019: $1,518,564Liabilities 2019: $1,995,367Net Assets 2019: -$476,8032019Assets 2020: $1,463,038Liabilities 2020: $1,999,322Net Assets 2020: -$536,2842020Assets 2021: $1,407,728Liabilities 2021: $2,010,651Net Assets 2021: -$602,9232021Assets 2022: $1,392,182Liabilities 2022: $2,022,530Net Assets 2022: -$630,3482022Assets 2023: $1,346,312Liabilities 2023: $2,028,183Net Assets 2023: -$681,8712023Assets 2024: $1,287,349Liabilities 2024: $2,062,119Net Assets 2024: -$774,7702024

Highlighted filing

2020

Assets$1,463,038
Liabilities$1,999,322
Net Assets-$536,284
Open 2020 Filing

Operations Trend

Revenue Growth50th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $115,722Expenses 2011: $185,980Net Income 2011: -$70,2582011Expenses 2012: $184,7842012Expenses 2013: $198,0152013Revenue 2014: $113,425Expenses 2014: $211,839Net Income 2014: -$98,4142014Revenue 2015: $130,389Expenses 2015: $224,555Net Income 2015: -$94,1662015Revenue 2016: $154,108Expenses 2016: $202,334Net Income 2016: -$48,2262016Revenue 2017: $153,552Expenses 2017: $197,438Net Income 2017: -$43,8862017Revenue 2018: $154,986Expenses 2018: $192,700Net Income 2018: -$37,7142018Revenue 2019: $154,730Expenses 2019: $203,837Net Income 2019: -$49,1072019Revenue 2020: $155,913Expenses 2020: $215,394Net Income 2020: -$59,4812020Revenue 2021: $155,333Expenses 2021: $221,972Net Income 2021: -$66,6392021Revenue 2022: $155,385Expenses 2022: $182,810Net Income 2022: -$27,4252022Revenue 2023: $154,326Expenses 2023: $201,354Net Income 2023: -$47,0282023Revenue 2024: $148,263Expenses 2024: $241,162Net Income 2024: -$92,8992024

Highlighted filing

2020

Revenue$155,913
Expenses$215,394
Net Income-$59,481
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 11, 2021
Return Version
2019v5.1
Gross Receipts
$155,913
Mission and Program Overview

Mission

To provide low income housing for handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,317,581$1,242,002▼ $75,579
Prepaid Expenses and Deferred Charges$8,312$9,403▲ $1,091
Cash and Non-Interest-Bearing Accounts$10,675$9,360▼ $1,315
Accounts Receivable$651$1,519▲ $868
Total Assets$1,518,564$1,463,038▼ $55,526
Other Assets Total$181,345$200,754▲ $19,409
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,674,800$1,674,800→ $0
Other Liabilities$166,203$166,219▲ $16
Accounts Payable and Accrued Expenses$154,364$158,303▲ $3,939
Total Liabilities$1,995,367$1,999,322▲ $3,955
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-476,803$-536,284▼ $59,481
Total Net Assets Fund Balance$-476,803$-536,284▼ $59,481
Total Liabilities and Net Assets / Fund Balance$1,518,564$1,463,038▼ $55,526

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,230,788$1,038,388$2,269,176
Land$11,214-$11,214
Other Assets Org$2,503--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Althea GravesDirector
Jeffrey DanaDirector
Paul MacdonaldDirector
Thomas S HemmendingerDirector, Receiver, and Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$154,200
Investment Income
$93
Other Revenue
$1,620
Change in Net Assets
$-59,481

Audited Revenue Reconciliation

Revenue per Audited Statements
$155,913
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$155,913
Total Revenue per Form 990
$155,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$215,394
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$75,579--$75,579
Fees for Services Management$19,050$31,658-$50,708
Occupancy$41,307--$41,307
Fees for Services Accounting-$10,424-$10,424
Insurance$9,261--$9,261
Interest$8,761--$8,761
Other Expenses$3,586--$3,586
Office Expenses-$1,862-$1,862
Fees for Services Legal-$225-$225
Advertising-$118-$118
Total Functional Expenses$171,107$44,287$0$215,394

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$215,394
Total Expenses per Audited Statements$215,394
Total Expenses per Form 990$215,394
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$163,000
Tenant Security Deposits$3,219
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization's day to day operations are under the control of a third party management company which reports directly to the receiver of the sponsor organization.”

Form 990, Part VI, Section A, Line 7B

“The organization's sponsor, providence community action program, is in receivership as is the organization. Governance decisions are the responsibility of the receiver.”

Form 990, Part VI, Section A, Line 8B

“Because the sponsor is in receivership, board and committee meetings are no longer held.”

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

“The organization's sponsor, providence community action program (procap) is in receivership. When procap was in operation it's cfo reviewed the form 990 as did the president of the board of directors of procap housing. Post-receivership, the form 990 is reviewed by the receiver, who is also the secretary of the board of procap housing, inc.”

Form 990, Part VI, Section B, Line 12

“The organization's sponsor, providence community action program (procap) is in receivership. When procap was in operation it required its board members and the board members of procap housing, inc. To disclose when a conflict of interest arises.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request made of the receiver.”

Filing and Contact Details

Filer

Filer Name
Procap Housing Inc
EIN
54-2078482
Phone
4012732000
Address
518 HARTFORD AVENUE, PROVIDENCE, RI 02909

Signing Officer

Name
Thomas Hemmendinger
Title
Receiver, Secretary
Phone
4012732000
Signed
2021-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Hemmendinger
Formed
2000
Legal Domicile
Ri
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Citrin Cooperman & Company Llp
Address
500 EXCHANGE STREET SUITE 9-100, PROVIDENCE, RI 02903
Preparer
Michael E Criscione
Phone
4014214800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization's sponsor, providence community action program (procap) is in receivership. When procap was in operation it's cfo reviewed the financial statements as did the president of the board of directors of procap housing. Post-receivership, the financial statements are reviewed by the receiver, who is also the secretary of the board of procap housing, inc. Any questions or issues that develop from his review are then directed to the entire board for discussion. The receivor has final approval of the financial statements.”

Financial Statement Notes

PART X, LINE 2:

“The corporation qualifies as a tax-exempt organziation under section 501(c)(3) of the internal revenue code. As a non-for-profit entity, the corporation is subject to unrelated business income tax if applicable. In accordance with fasb accounting standards codification 740, income taxes, the corporation applies the more likely than not threshold to the recognition and derecognition of tax positions for its financial statements. Management has evaluated the corporation's tax positions and has concluded that there were no uncertain tax positions that qualified for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 427 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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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01620
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01633
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01582
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01152
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0896
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06883
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99080
IRS990ScheduleA/PublicSupportPY509Pct00.99120
IRS990ScheduleA/PublicSupportTotal509Amt0766140
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0154200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0153027
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0153354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0152367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0153192
IRS990ScheduleA/Total509Grp/TotalAmt0766140
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0155913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0154730
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0154986
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0153552
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0154108
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0773289
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01230788
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01038388
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02269176
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0215394
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt011214
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011214
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1115739
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt279293
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32503
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH - SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0163000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13219
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0155913
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANZIATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NON-FOR-PROFIT ENTITY, THE CORPORATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX IF APPLICABLE. IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES, THE CORPORATION APPLIES THE MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE CORPORATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01242002
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0200754
IRS990ScheduleD/TotalExpensesPerForm990Amt0215394
IRS990ScheduleD/TotalLiabilityAmt0166219
IRS990ScheduleD/TotalRevenuePerForm990Amt0155913
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0155913
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0215394
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S DAY TO DAY OPERATIONS ARE UNDER THE CONTROL OF A THIRD PARTY MANAGEMENT COMPANY WHICH REPORTS DIRECTLY TO THE RECEIVER OF THE SPONSOR ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SPONSOR, PROVIDENCE COMMUNITY ACTION PROGRAM, IS IN RECEIVERSHIP AS IS THE ORGANIZATION. GOVERNANCE DECISIONS ARE THE RESPONSIBILITY OF THE RECEIVER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BECAUSE THE SPONSOR IS IN RECEIVERSHIP, BOARD AND COMMITTEE MEETINGS ARE NO LONGER HELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S SPONSOR, PROVIDENCE COMMUNITY ACTION PROGRAM (PROCAP) IS IN RECEIVERSHIP. WHEN PROCAP WAS IN OPERATION IT'S CFO REVIEWED THE FORM 990 AS DID THE PRESIDENT OF THE BOARD OF DIRECTORS OF PROCAP HOUSING. POST-RECEIVERSHIP, THE FORM 990 IS REVIEWED BY THE RECEIVER, WHO IS ALSO THE SECRETARY OF THE BOARD OF PROCAP HOUSING, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S SPONSOR, PROVIDENCE COMMUNITY ACTION PROGRAM (PROCAP) IS IN RECEIVERSHIP. WHEN PROCAP WAS IN OPERATION IT REQUIRED ITS BOARD MEMBERS AND THE BOARD MEMBERS OF PROCAP HOUSING, INC. TO DISCLOSE WHEN A CONFLICT OF INTEREST ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REQUEST MADE OF THE RECEIVER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S SPONSOR, PROVIDENCE COMMUNITY ACTION PROGRAM (PROCAP) IS IN RECEIVERSHIP. WHEN PROCAP WAS IN OPERATION IT'S CFO REVIEWED THE FINANCIAL STATEMENTS AS DID THE PRESIDENT OF THE BOARD OF DIRECTORS OF PROCAP HOUSING. POST-RECEIVERSHIP, THE FINANCIAL STATEMENTS ARE REVIEWED BY THE RECEIVER, WHO IS ALSO THE SECRETARY OF THE BOARD OF PROCAP HOUSING, INC. ANY QUESTIONS OR ISSUES THAT DEVELOP FROM HIS REVIEW ARE THEN DIRECTED TO THE ENTIRE BOARD FOR DISCUSSION. THE RECEIVOR HAS FINAL APPROVAL OF THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PROVIDENCE COMMUNITY ACTION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050303664
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ANTI-POVERTY AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0518 HARTFORD AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002909
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01518564
IRS990/TotalAssetsEOYAmt01463038
IRS990/TotalAssetsGrp/BOYAmt01518564
IRS990/TotalAssetsGrp/EOYAmt01463038
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044287
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171107
IRS990/TotalFunctionalExpensesGrp/TotalAmt0215394
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01995367
IRS990/TotalLiabilitiesEOYAmt01999322
IRS990/TotalLiabilitiesGrp/BOYAmt01995367
IRS990/TotalLiabilitiesGrp/EOYAmt01999322
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-476803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-536284
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0171107
IRS990/TotalProgramServiceRevenueAmt0154200
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt093
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0155820
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0155913
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01518564
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01463038
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0518 HARTFORD AVENUE
IRS990/USAddress/CityNm0PROVIDENCE
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002909
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,463,038
Liabilities
$1,999,322
Net assets
-$536,284
Revenue
$155,913
Expenses
$215,394
Net income
-$59,481
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.29$2.06$0.77$0.15$0.24$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.35$2.03$0.68$0.15$0.20$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.39$2.02$0.63$0.16$0.18$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$2.01$0.60$0.16$0.22$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.46$2.00$0.54$0.16$0.22$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.52$2.00$0.48$0.15$0.20$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.56$1.98$0.42$0.15$0.19$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.59$1.97$0.39$0.15$0.20$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.62$1.97$0.34$0.15$0.20$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.66$1.96$0.29$0.13$0.22$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.75$1.95$0.20$0.11$0.21$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$1.94$0.10$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$1.94$0.02$0.18
2011Summary only. Only limited summary data is available for this year.$1.99$1.94$0.05$0.12$0.19$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits