Community Works Rhode Island
EIN: 50376759 · Providence, RI
| Metric | Value |
|---|---|
| Total Expenses | $636K |
| Net Assets | $1.2M |
Is Community Works Rhode Island Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Works Rhode Island
Community Works Rhode Island (EIN: 50376759) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Works Rhode Island's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Works Rhode Island is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $636K |
| Surplus / Deficit | +$840K |
| Total Assets | $2.0M |
| Total Liabilities | $784K |
| Net Assets | $1.2M |
| Operating Margin | 56.9% |
| Debt-to-Asset Ratio | 39.0% |
| Months of Reserves | 37.9 months |
Financial Health Grade: A
In 2016, Community Works Rhode Island reported a surplus of $840K with revenue exceeding expenses, holds 37.9 months of operating reserves (strong position), has a debt-to-asset ratio of 39.0% (moderate leverage).
Financial Trends
Over 6 years of filings (2012–2016), Community Works Rhode Island's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +86.6% | -66.9% | -10.3% |
| 2015 | +219.2% | +185.5% | -30.3% |
| 2014 | -77.5% | -41.0% | -5.9% |
| 2014 | +50.1% | +2.1% | +4.6% |
| 2013 | -8.5% | -21.6% | +10.6% |
AI Analysis Pending
AI enrichment for Community Works Rhode Island has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Works Rhode Island with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $840K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.0%.
Frequently Asked Questions about Community Works Rhode Island
Is Community Works Rhode Island a legitimate charity?
Community Works Rhode Island (EIN: 50376759) is a registered tax-exempt nonprofit based in Rhode Island. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Community Works Rhode Island spend its money?
Community Works Rhode Island reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Community Works Rhode Island tax-deductible?
Community Works Rhode Island is registered as a tax-exempt nonprofit (EIN: 50376759). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Community Works Rhode Island located?
Community Works Rhode Island is headquartered in Providence, Rhode Island and files with the IRS under EIN 50376759.
How many years of IRS 990 filings does Community Works Rhode Island have?
Community Works Rhode Island has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Community Works Rhode Island showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2016), Community Works Rhode Island's revenue has grown by 84.2%, moving from $801K to $1.5M. Total assets decreased by 31.8% over the same period, from $3.0M to $2.0M. Total functional expenses fell by 55.3%, from $1.4M to $636K. In its most recent filing year (2016), Community Works Rhode Island reported a surplus of $840K, with revenue exceeding expenses. The organization holds $784K in liabilities against $2.0M in assets (debt-to-asset ratio: 39.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $1.5M | $636K | $2.0M | $784K | — | View 990 |
| 2015 | $791K | $1.9M | $2.2M | $2.3M | — | View 990 |
| 2014 | $248K | $673K | $3.2M | $2.5M | — | View 990 |
| 2014 | $1.1M | $1.1M | $3.4M | $2.6M | — | View 990 |
| 2013 | $733K | $1.1M | $3.3M | $2.8M | — | View 990 |
| 2012 | $801K | $1.4M | $3.0M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $1.5M, expenses of $636K, and assets of $2.0M (revenue +86.6% year-over-year).
- 2015: Revenue of $791K, expenses of $1.9M, and assets of $2.2M (revenue +219.2% year-over-year).
- 2014: Revenue of $248K, expenses of $673K, and assets of $3.2M (revenue -77.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $3.4M (revenue +50.1% year-over-year).
- 2013: Revenue of $733K, expenses of $1.1M, and assets of $3.3M (revenue -8.5% year-over-year).
- 2012: Revenue of $801K, expenses of $1.4M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Works Rhode Island:
Data Sources and Methodology
This transparency report for Community Works Rhode Island is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.