East Providence Heritage Arts Inc
East Providence Heritage Arts Inc shows consistent financial stability and growth in assets with volunteer leadership.
EIN: 205793891 · E Providence, RI · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $96K |
| Program Spending | 90% |
| Net Assets | $68K |
| Transparency Score | 85/100 |
Is East Providence Heritage Arts Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
East Providence Heritage Arts Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About East Providence Heritage Arts Inc
East Providence Heritage Arts Inc (EIN: 205793891) is a nonprofit organization based in E Providence, RI, classified under NTEE code A23. 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 East Providence Heritage Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Providence Heritage Arts Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $96K |
| Surplus / Deficit | +$24K |
| Total Assets | $68K |
| Net Assets | $68K |
| Operating Margin | 19.7% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2022, East Providence Heritage Arts Inc reported a surplus of $24K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2022), East Providence Heritage Arts Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +105.1% | +85.1% | +152.2% |
| 2019 | +18.2% | +38.5% | +31.7% |
| 2018 | +31.8% | +28.5% | +139.7% |
| 2017 | -13.6% | -58.3% | +4003.9% |
| 2016 | -39.5% | -5.8% | -99.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates East Providence Heritage Arts Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, East Providence Heritage Arts Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which significantly reduces administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for East Providence Heritage Arts Inc:
- Consistent positive net income in recent years, e.g., $23,619 in 202210.
- Zero reported liabilities across all filings, indicating strong financial health.
- Volunteer-based leadership with 0% officer compensation, maximizing funds for mission.
- Growing assets, from $53,619 in 201110 to $67,598 in 202210, suggesting increased capacity.
- Stable filing history demonstrating transparency and compliance.
Frequently Asked Questions about East Providence Heritage Arts Inc
Is East Providence Heritage Arts Inc a legitimate charity?
East Providence Heritage Arts Inc (EIN: 205793891) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. No red flags identified. 5 strengths noted. Financial health grade: A.
How does East Providence Heritage Arts Inc spend its money?
East Providence Heritage Arts Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to East Providence Heritage Arts Inc tax-deductible?
East Providence Heritage Arts Inc is registered as a tax-exempt nonprofit (EIN: 205793891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does East Providence Heritage Arts Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), East Providence Heritage Arts Inc is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is East Providence Heritage Arts Inc located?
East Providence Heritage Arts Inc is headquartered in E Providence, Rhode Island and files with the IRS under EIN 205793891. It is classified under NTEE code A23.
How many years of IRS 990 filings does East Providence Heritage Arts Inc have?
East Providence Heritage Arts Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is East Providence Heritage Arts Inc a good charity?
Based on the available financial data, East Providence Heritage Arts Inc appears to be a well-managed charity. It consistently operates with a surplus, has no reported liabilities, and its leadership is entirely volunteer-based, suggesting a strong commitment to its mission with minimal overhead. Its assets have also shown growth over time.
How has the organization's financial health changed over time?
The organization's financial health has generally improved. While revenue and expenses fluctuated, the latest filing (202210) shows a healthy surplus of $23,619 ($119,614 revenue - $95,995 expenses) and growing assets of $67,598, up from $53,619 in 201110. The consistent absence of liabilities is also a positive trend.
What is the organization's approach to executive compensation?
East Providence Heritage Arts Inc has a volunteer-led executive structure, as evidenced by 0% officer compensation reported in all available IRS 990 filings. This indicates that no salaries are paid to its officers.
Filing History
IRS 990 filing history for East Providence Heritage Arts Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), East Providence Heritage Arts Inc's revenue has declined by 16%, moving from $142K to $120K. Total assets increased by 26.1% over the same period, from $54K to $68K. Total functional expenses fell by 36.7%, from $152K to $96K. In its most recent filing year (2022), East Providence Heritage Arts Inc reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $120K | $96K | $68K | $0 | — | View 990 |
| 2019 | $58K | $52K | $27K | $0 | — | View 990 |
| 2018 | $49K | $37K | $20K | $0 | — | View 990 |
| 2017 | $37K | $29K | $8K | $0 | — | View 990 |
| 2016 | $43K | $70K | $207 | $0 | — | View 990 |
| 2015 | $72K | $74K | $27K | $0 | — | View 990 |
| 2014 | $76K | $68K | $29K | $0 | — | View 990 |
| 2013 | $68K | $91K | $22K | $0 | — | View 990 |
| 2012 | $101K | $110K | $45K | $0 | — | View 990 |
| 2011 | $142K | $152K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $120K, expenses of $96K, and assets of $68K (revenue +105.1% year-over-year).
- 2019: Revenue of $58K, expenses of $52K, and assets of $27K (revenue +18.2% year-over-year).
- 2018: Revenue of $49K, expenses of $37K, and assets of $20K (revenue +31.8% year-over-year).
- 2017: Revenue of $37K, expenses of $29K, and assets of $8K (revenue -13.6% year-over-year).
- 2016: Revenue of $43K, expenses of $70K, and assets of $207 (revenue -39.5% year-over-year).
- 2015: Revenue of $72K, expenses of $74K, and assets of $27K (revenue -5.7% year-over-year).
- 2014: Revenue of $76K, expenses of $68K, and assets of $29K (revenue +10.9% year-over-year).
- 2013: Revenue of $68K, expenses of $91K, and assets of $22K (revenue -32.0% year-over-year).
- 2012: Revenue of $101K, expenses of $110K, and assets of $45K (revenue -29.3% year-over-year).
- 2011: Revenue of $142K, expenses of $152K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East Providence Heritage Arts Inc:
Data Sources and Methodology
This transparency report for East Providence Heritage Arts Inc 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.