Civic Intelligence

Bonrock Foundation

EIN 93-4769903 • 501(c)3 • Newport, RI

Profile

The BonRock Foundation honors the legacy of Bonnie Kilroy by providing financial aid and scholarships to empower the youth of Aquidneck Island. Guided by her belief that 'together we have it all,' we unite to break barriers and enable their pursuit of education and opportunity.

30 Bowens WharfNewport, RI 02840

n/A

Siviq Scores

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

Liabilities / Assets

89th percentile

0.57x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.64x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$23,538

Up $23,538 from 2023

Liabilities

Up

$13,482

Up $13,482 from 2023

Net Assets

Up

$10,056

Up $10,056 from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin89th percentile

Revenue

Up

$21,090

Up $21,090 from 2023

Expenses

Up

$11,034

Up $11,034 from 2023

Net Income

Up

$10,056

Up $10,056 from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $23,538Liabilities 2024: $13,482Net Assets 2024: $10,0562024

Highlighted filing

2024

Assets$23,538
Liabilities$13,482
Net Assets$10,056
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $21,090Expenses 2024: $11,034Net Income 2024: $10,0562024

Highlighted filing

2024

Revenue$21,090
Expenses$11,034
Net Income$10,056
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$23,538
Liabilities
$13,482
Net assets
$10,056
Revenue
$21,090
Expenses
$11,034
Net income
$10,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.5$13.5$10.1$21.1$11.0$10.1
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 16, 2025
Return Version
2024v5.2
Gross Receipts
$21,090
Mission and Program Overview

Mission

The BonRock Foundation honors the legacy of Bonnie Kilroy by providing financial aid and scholarships to empower the youth of Aquidneck Island. Guided by her belief that 'together we have it all,' we unite to break barriers and enable their pursuit of education and opportunity.

Program Services

DescriptionGrantsExpenses
Future Scholarships to be Awarded.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick KilroyDirector-$0--
Craig KilroyDirector-$0--
Amanda RoderickDirector-$0--
Filing and Contact Details

Filer

Filer Name
BonRock Foundation
EIN
93-4769903
Phone
4019653094
Address
30 Bowens Wharf, Newport, RI 02840

Signing Officer

Name
Patrick Kilroy
Title
Director
Signed
2025-12-16
Discuss with paid preparer
Yes

Preparer

Firm
Adam Financial LLP
Address
41 Long Wharf Mall, Newport, RI 02840
Preparer
Jeffrey C Adam CPA
Phone
4018461993
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Merchandise Sales $720”

Other Expenses.1002

“Office Expenses $41”

Other Expenses.1012

“Insurance $250”

Other Expenses.1

“Small Equipment Expense $3552”

Other Expenses.2

“Supplies $420”

Other Expenses.3

“Cost of Merchandise $360”

Other Expenses.4

“Merchant Fees $311”

Other Assets.1010

“Inventories - Beginning $0 Inventories - Ending $8760”

Other Assets.1

“Tax Refund Due - Beginning $0 Tax Refund Due - Ending $50”

Total Liabilities.1

“Due to The Landing - Beginning $0 Due to The Landing - Ending $13482”

Raw XML Appendix140 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Patrick Kilroy
IRS990EZ/BooksInCareOfDetail/PhoneNum04019653094
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt030 Bowens Wharf
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Newport
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002840
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014728
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020370
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010056
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023538
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt021090
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010056
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010056
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Patrick Kilroy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Craig Kilroy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Amanda Roderick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08810
IRS990EZ/OtherExpensesTotalAmt04934
IRS990EZ/OtherRevenueTotalAmt0720
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The BonRock Foundation honors the legacy of Bonnie Kilroy by providing financial aid and scholarships to empower the youth of Aquidneck Island. Guided by her belief that 'together we have it all,' we unite to break barriers and enable their pursuit of education and opportunity.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Future Scholarships to be Awarded.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013482
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011034
IRS990EZ/TotalRevenueAmt021090
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020370
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020370
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0720
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0720
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt020370
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020370
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020370
IRS990ScheduleA/TotalSupportAmt021090
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Merchandise Sales $720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Small Equipment Expense $3552
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies $420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Cost of Merchandise $360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Merchant Fees $311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Inventories - Beginning $0 Inventories - Ending $8760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Tax Refund Due - Beginning $0 Tax Refund Due - Ending $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Due to The Landing - Beginning $0 Due to The Landing - Ending $13482
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Patrick Kilroy
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BonRock Foundation
ReturnHeader/Filer/BusinessNameControlTxt0BONR
ReturnHeader/Filer/EIN0934769903
ReturnHeader/Filer/PhoneNum04019653094
ReturnHeader/Filer/USAddress/AddressLine1Txt030 Bowens Wharf
ReturnHeader/Filer/USAddress/CityNm0Newport
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002840
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203411157
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Adam Financial LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt041 Long Wharf Mall
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newport
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002840
ReturnHeader/PreparerPersonGrp/PhoneNum04018461993
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey C Adam CPA
ReturnHeader/ReturnTs02025-12-16T14:34:14-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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