Friends Of The Waterfront Inc
Friends Of The Waterfront Inc: Limited Financials, No Public Data
EIN: 222570956 · Newport, RI · NTEE: C30 · Updated: 2026-04-04
Is Friends Of The Waterfront Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The Waterfront Inc
Friends Of The Waterfront Inc (EIN: 222570956) is a nonprofit organization based in Newport, RI, classified under NTEE code C30. 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 Friends Of The Waterfront Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Friends Of The Waterfront Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Friends Of The Waterfront Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as there are no public financial records detailing salaries or benefits.
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.
Red Flags
The following concerns were identified during AI analysis of Friends Of The Waterfront Inc's IRS 990 filings:
- No reported revenue or assets, suggesting inactivity or very early stage.
- Absence of public financial filings (e.g., 990) raises concerns about financial transparency.
- Limited public information makes it difficult to verify operational status or impact.
Strengths
The following positive indicators were identified for Friends Of The Waterfront Inc:
- Registered as a nonprofit entity (C30 designation).
Frequently Asked Questions about Friends Of The Waterfront Inc
Is Friends Of The Waterfront Inc a legitimate charity?
Friends Of The Waterfront Inc (EIN: 222570956) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 20/100. 3 red flags identified. 1 strength noted. Financial health grade: D.
How does Friends Of The Waterfront Inc spend its money?
Friends Of The Waterfront Inc reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of The Waterfront Inc tax-deductible?
Friends Of The Waterfront Inc is registered as a tax-exempt nonprofit (EIN: 222570956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Friends Of The Waterfront Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Friends Of The Waterfront Inc is below average for NTEE category C30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Waterfront Inc located?
Friends Of The Waterfront Inc is headquartered in Newport, Rhode Island and files with the IRS under EIN 222570956. It is classified under NTEE code C30.
What does Friends Of The Waterfront Inc do?
Friends Of The Waterfront Inc is a nonprofit organization in the Environment sector, located in Newport, Rhode Island. It is classified under NTEE code C30.
How much revenue does Friends Of The Waterfront Inc have?
Friends Of The Waterfront Inc reported total revenue of N/A.
What are Friends Of The Waterfront Inc's total assets?
Friends Of The Waterfront Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Friends Of The Waterfront Inc located?
Friends Of The Waterfront Inc is based in Newport, Rhode Island.
What is Friends Of The Waterfront Inc's EIN?
Friends Of The Waterfront Inc's Employer Identification Number (EIN) is 222570956. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Friends Of The Waterfront Inc?
Friends Of The Waterfront Inc is classified under NTEE code C30 (Environment).
Is Friends Of The Waterfront Inc a registered 501(c)(3)?
Yes, Friends Of The Waterfront Inc is recognized as a tax-exempt organization by the IRS. EIN: 222570956.
Does Friends Of The Waterfront Inc file IRS Form 990?
No IRS Form 990 filings were found on record for Friends Of The Waterfront Inc. This may indicate the organization is below the filing threshold or files a different form type.
Is Friends Of The Waterfront Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Friends Of The Waterfront Inc has notable concerns. Mission Score: 20/100 (Poor). 3 red flags identified. 1 strength noted.
What are the red flags for Friends Of The Waterfront Inc?
The following concerns were identified: No reported revenue or assets, suggesting inactivity or very early stage.. Absence of public financial filings (e.g., 990) raises concerns about financial transparency.. Limited public information makes it difficult to verify operational status or impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Friends Of The Waterfront Inc's strengths?
Positive indicators for Friends Of The Waterfront Inc include: Registered as a nonprofit entity (C30 designation).. These findings are derived from AI analysis of the organization's financial filings.
How does Friends Of The Waterfront Inc compensate executives?
Executive compensation cannot be assessed as there are no public financial records detailing salaries or benefits. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the lack of reported revenue and assets, what is the current operational status of Friends Of The Waterfront Inc?
Based on the provided data, Friends Of The Waterfront Inc appears to be either inactive, newly formed and not yet operational, or operating with extremely minimal financial activity that is not publicly reported.
Data Sources and Methodology
This transparency report for Friends Of The Waterfront 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.