Narragansett Preservation & Improvement Assn
EIN: 56019179 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $13K |
| Net Assets | $339K |
Is Narragansett Preservation & Improvement Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Narragansett Preservation & Improvement Assn
Narragansett Preservation & Improvement Assn (EIN: 56019179) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $25K and total assets of $321K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Narragansett Preservation & Improvement Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Narragansett Preservation & Improvement Assn is a micro nonprofit that has been operating for 60 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $13K |
| Surplus / Deficit | $-11,385 |
| Total Assets | $339K |
| Net Assets | $339K |
| Operating Margin | -610.5% |
| Months of Reserves | 306.9 months |
Financial Health Grade: B
In 2015, Narragansett Preservation & Improvement Assn reported a deficit of $11K with expenses exceeding revenue, holds 306.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Narragansett Preservation & Improvement Assn's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +9.4% | -13.5% | -3.3% |
| 2014 | +12.5% | -37.1% | -3.7% |
| 2013 | -89.5% | +6.3% | -5.9% |
| 2012 | +838.9% | -35.9% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Narragansett Preservation & Improvement Assn 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 Narragansett Preservation & Improvement Assn 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Frequently Asked Questions about Narragansett Preservation & Improvement Assn
Is Narragansett Preservation & Improvement Assn a legitimate charity?
Narragansett Preservation & Improvement Assn (EIN: 56019179) is a registered tax-exempt nonprofit based in Rhode Island. It has 5 years of IRS 990 filings on record. Total revenue: $25K. No red flags identified. Financial health grade: B.
How does Narragansett Preservation & Improvement Assn spend its money?
Narragansett Preservation & Improvement Assn reported $25K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Narragansett Preservation & Improvement Assn tax-deductible?
Narragansett Preservation & Improvement Assn is registered as a tax-exempt nonprofit (EIN: 56019179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Narragansett Preservation & Improvement Assn located?
Narragansett Preservation & Improvement Assn is headquartered in Providence, Rhode Island and files with the IRS under EIN 56019179.
How many years of IRS 990 filings does Narragansett Preservation & Improvement Assn have?
Narragansett Preservation & Improvement Assn has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25K in total revenue.
Filing History
IRS 990 filing history for Narragansett Preservation & Improvement Assn showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Narragansett Preservation & Improvement Assn's revenue has grown by 21%, moving from $2K to $2K. Total assets decreased by 14.2% over the same period, from $395K to $339K. Total functional expenses fell by 62.9%, from $36K to $13K. In its most recent filing year (2015), Narragansett Preservation & Improvement Assn reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2K | $13K | $339K | $0 | — | View 990 |
| 2014 | $2K | $15K | $350K | $0 | — | View 990 |
| 2013 | $2K | $24K | $364K | $0 | — | View 990 |
| 2012 | $14K | $23K | $387K | $0 | — | View 990 |
| 2011 | $2K | $36K | $395K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2K, expenses of $13K, and assets of $339K (revenue +9.4% year-over-year).
- 2014: Revenue of $2K, expenses of $15K, and assets of $350K (revenue +12.5% year-over-year).
- 2013: Revenue of $2K, expenses of $24K, and assets of $364K (revenue -89.5% year-over-year).
- 2012: Revenue of $14K, expenses of $23K, and assets of $387K (revenue +838.9% year-over-year).
- 2011: Revenue of $2K, expenses of $36K, and assets of $395K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Narragansett Preservation & Improvement Assn:
Data Sources and Methodology
This transparency report for Narragansett Preservation & Improvement Assn 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.