Civic Intelligence

Rhode Island Liquor Operators

EIN 87-4667099 • 501(c)6 • North Kingstown, RI

Profile

To promote and represent the common business interests of and improve business conditions among, members of the independent retail liquor industry operating in rhode island within the meaning of section 501(c)(6) of the internal revenue code.

6800 Post RoadNorth Kingstown, RI 02852
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.02x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

61st percentile

6.2%

Higher net margin than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

93rd percentile

62%

Faster asset growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

116%

Faster revenue growth than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$48,492

Up $18,523 (+62%) from 2023

Liabilities

Down

$742

Down $1 (-0.1%) from 2023

Net Assets

Up

$47,750

Up $18,524 (+63%) from 2023

Operations
Liabilities / Revenue56th percentileNet Margin61st percentile

Revenue

Up

$148,434

Up $79,584 (+116%) from 2023

Expenses

Up

$139,243

Up $74,369 (+115%) from 2023

Net Income

Up

$9,191

Up $5,215 (+131%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2022: $25,250Liabilities 2022: $0Net Assets 2022: $25,2502022Assets 2023: $29,969Liabilities 2023: $743Net Assets 2023: $29,2262023Assets 2024: $48,492Liabilities 2024: $742Net Assets 2024: $47,7502024

Highlighted filing

2024

Assets$48,492
Liabilities$742
Net Assets$47,750
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2022: $55,631Expenses 2022: $30,381Net Income 2022: $25,2502022Revenue 2023: $68,850Expenses 2023: $64,874Net Income 2023: $3,9762023Revenue 2024: $148,434Expenses 2024: $139,243Net Income 2024: $9,1912024

Highlighted filing

2024

Revenue$148,434
Expenses$139,243
Net Income$9,191
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$48,492
Liabilities
$742
Net assets
$47,750
Revenue
$148,434
Expenses
$139,243
Net income
$9,191
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.48$1.48$1.39$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$0.69$0.65$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.56$0.30$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 21, 2025
Return Version
2024v5.0
Gross Receipts
$148,434
Mission and Program Overview

Mission

To promote and represent the common business interests of and improve business conditions among, members of the independent retail liquor industry operating in rhode island within the meaning of section 501(c)(6) of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,969$48,492▲ $18,523
Total Assets$29,969$48,492▲ $18,523
Liabilities
Accounts Payable and Accrued Expenses$743$742▼ $1
Total Liabilities$743$742▼ $1
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,226$47,750▲ $18,524
Total Net Assets Fund Balance$29,226$47,750▲ $18,524
Total Liabilities and Net Assets / Fund Balance$29,969$48,492▲ $18,523
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Craig PenardoDirector
Nicholas a Fede JrDirector
Ron PariseauDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$146,814
Investment Income
$1,620
Other Revenue
$0
Change in Net Assets
$9,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,088
Salaries, Compensation, and Employee Benefits$27,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$59,028--$59,028
Fees for Services Legal$46,462--$46,462
Other Salaries and Wages$19,677--$19,677
Payroll Taxes$7,478--$7,478
Insurance$5,848--$5,848
Fees for Services Accounting-$750-$750
Total Functional Expenses$138,493$750$0$139,243
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Rhode Island Liquor Operators
EIN
87-4667099
Phone
4018844203
Address
6800 POST ROAD, NORTH KINGSTOWN, RI 02852

Signing Officer

Name
Nicholas a Fede Jr
Title
Director
Phone
4018844203
Signed
2025-11-21

Organization Details

Principal Officer
Nicholas a Fede Jr
Formed
2022
Legal Domicile
Ri
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Bailey & Company Inc
Address
509 PUTNAM PIKE, GREENVILLE, RI 02828-3004
Preparer
Raissa V Isbart
Phone
4019493800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote and represent the common business interests of and improve business conditions among, members of the independent retail liquor industry operating in rhode island within the meaning of section 501(c)(6) of the internal revenue code.”

Form 990, Page 2, Part III, Line 4D

“To promote and represent the common business interests of and improve business conditions among, members of the independent retail liquor industry operating in rhode island within the meaning of section 501(c)(6) of the internal revenue code.”

Form 990, Part IX, Line 11G

“Dues 1,980 0 0 operating supplies 36,914 0 0 office supplies & expenses 20,134 0 0 total 59,028 0 0”

Raw XML Appendix240 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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IRS990/FormationYr02022
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IRS990/IRPDocumentCnt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES 1,980 0 0 OPERATING SUPPLIES 36,914 0 0 OFFICE SUPPLIES & EXPENSES 20,134 0 0 TOTAL 59,028 0 0
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NICHOLAS A FEDE JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04018844203
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-21
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAISSA V ISBART
ReturnHeader/ReturnTs02025-11-21T13:11:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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