Narragansett Schools Parent Teacher Organization Inc
Narragansett Schools PTO: Strong Program Spending, Limited Transparency
EIN: 222667265 · Narragansett, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $33K |
| Program Spending | 90% |
| Net Assets | $81K |
| Transparency Score | 75/100 |
Is Narragansett Schools Parent Teacher Organization Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Narragansett Schools Parent Teacher Organization Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Narragansett Schools Parent Teacher Organization Inc
Narragansett Schools Parent Teacher Organization Inc (EIN: 222667265) is a nonprofit organization based in Narragansett, RI. The organization reported total revenue of $76K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Narragansett Schools Parent Teacher Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Narragansett Schools Parent Teacher Organization Inc is a micro nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $33K |
| Surplus / Deficit | $-9,181 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -39.1% |
| Months of Reserves | 29.6 months |
Financial Health Grade: B
In 2020, Narragansett Schools Parent Teacher Organization Inc reported a deficit of $9K with expenses exceeding revenue, holds 29.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Narragansett Schools Parent Teacher Organization Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -41.1% | -57.2% | -10.2% |
| 2019 | -63.8% | +29.5% | -29.0% |
| 2018 | +210.5% | +147.5% | +68.7% |
| 2017 | +6.5% | -18.8% | +18.4% |
| 2016 | -19.8% | +14.0% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Narragansett Schools Parent Teacher Organization Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Narragansett Schools Parent Teacher Organization Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
No executive compensation reported in available filings, consistent with a volunteer-led PTO structure.
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 Narragansett Schools Parent Teacher Organization Inc's IRS 990 filings:
- Lack of detailed program reporting makes it difficult to assess specific impact.
- Limited public information beyond basic financial summaries.
Strengths
The following positive indicators were identified for Narragansett Schools Parent Teacher Organization Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2020 based on available data).
- Healthy asset base relative to revenue, indicating good financial management.
- No reported liabilities in recent years, suggesting financial stability.
Frequently Asked Questions about Narragansett Schools Parent Teacher Organization Inc
Is Narragansett Schools Parent Teacher Organization Inc a legitimate charity?
Narragansett Schools Parent Teacher Organization Inc (EIN: 222667265) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $76K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Narragansett Schools Parent Teacher Organization Inc spend its money?
Narragansett Schools Parent Teacher Organization Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Narragansett Schools Parent Teacher Organization Inc tax-deductible?
Narragansett Schools Parent Teacher Organization Inc is registered as a tax-exempt nonprofit (EIN: 222667265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Narragansett Schools Parent Teacher Organization Inc's spending goes to programs?
Narragansett Schools Parent Teacher Organization Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Narragansett Schools Parent Teacher Organization Inc located?
Narragansett Schools Parent Teacher Organization Inc is headquartered in Narragansett, Rhode Island and files with the IRS under EIN 222667265.
How many years of IRS 990 filings does Narragansett Schools Parent Teacher Organization Inc have?
Narragansett Schools Parent Teacher Organization 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. The most recent filing shows $76K in total revenue.
What does Narragansett Schools Parent Teacher Organization Inc do?
Narragansett Schools Parent Teacher Organization Inc is a nonprofit organization in the Unknown sector, located in Narragansett, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Narragansett Schools Parent Teacher Organization Inc have?
Narragansett Schools Parent Teacher Organization Inc reported total revenue of $76,291. Based on 10 IRS 990 filings on record.
What are Narragansett Schools Parent Teacher Organization Inc's total assets?
Narragansett Schools Parent Teacher Organization Inc holds total assets of $80,544 as reported in IRS 990 filings.
Where is Narragansett Schools Parent Teacher Organization Inc located?
Narragansett Schools Parent Teacher Organization Inc is based in Narragansett, Rhode Island.
What is Narragansett Schools Parent Teacher Organization Inc's EIN?
Narragansett Schools Parent Teacher Organization Inc's Employer Identification Number (EIN) is 222667265. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Narragansett Schools Parent Teacher Organization Inc?
Narragansett Schools Parent Teacher Organization Inc is classified under NTEE code Unknown (Unknown).
Is Narragansett Schools Parent Teacher Organization Inc a registered 501(c)(3)?
Narragansett Schools Parent Teacher Organization Inc appears in IRS records (EIN: 222667265). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Narragansett Schools Parent Teacher Organization Inc file IRS Form 990?
Yes, Narragansett Schools Parent Teacher Organization Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202006.
What was Narragansett Schools Parent Teacher Organization Inc's revenue in 2020?
In the 202006 filing period, Narragansett Schools Parent Teacher Organization Inc reported total revenue of $23,494, total expenses of $32,675, and net assets of $80,544.
Is Narragansett Schools Parent Teacher Organization Inc's revenue growing or declining?
Narragansett Schools Parent Teacher Organization Inc's revenue is declining. Revenue went from $39,883 (201906) to $23,494 (202006), a -41.1% change. Based on 10 filings on record.
What is Narragansett Schools Parent Teacher Organization Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Narragansett Schools Parent Teacher Organization Inc covers tax period 202006. It shows revenue of $23,494, expenses of $32,675, total assets of $80,544, and liabilities of N/A.
How much does Narragansett Schools Parent Teacher Organization Inc spend on programs vs administration?
Based on IRS 990 analysis, Narragansett Schools Parent Teacher Organization Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Narragansett Schools Parent Teacher Organization Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Narragansett Schools Parent Teacher Organization Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Narragansett Schools Parent Teacher Organization Inc?
The following concerns were identified: Lack of detailed program reporting makes it difficult to assess specific impact.. Limited public information beyond basic financial summaries.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Narragansett Schools Parent Teacher Organization Inc's strengths?
Positive indicators for Narragansett Schools Parent Teacher Organization Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2020 based on available data).. Healthy asset base relative to revenue, indicating good financial management.. No reported liabilities in recent years, suggesting financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Narragansett Schools Parent Teacher Organization Inc compensate executives?
No executive compensation reported in available filings, consistent with a volunteer-led PTO structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant program spending, what specific initiatives or projects did the PTO fund with the $23,494 in program expenses reported in 2020?
The available filings do not provide a detailed breakdown of how the $23,494 in program expenses for 2020 was utilized, making it difficult to identify specific initiatives.
Filing History
IRS 990 filing history for Narragansett Schools Parent Teacher Organization Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Narragansett Schools Parent Teacher Organization Inc's revenue has declined by 17%, moving from $28K to $23K. Total assets increased by 81.3% over the same period, from $44K to $81K. Total functional expenses fell by 21.6%, from $42K to $33K. In its most recent filing year (2020), Narragansett Schools Parent Teacher Organization Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $23K | $33K | $81K | $0 | — | View 990 |
| 2019 | $40K | $76K | $90K | $0 | — | View 990 |
| 2018 | $110K | $59K | $126K | $240 | — | View 990 |
| 2017 | $35K | $24K | $75K | $0 | — | View 990 |
| 2016 | $33K | $29K | $63K | $0 | — | View 990 |
| 2015 | $42K | $26K | $60K | $400 | — | View 990 |
| 2014 | $26K | $92K | $44K | $0 | — | View 990 |
| 2013 | $80K | $30K | $109K | $0 | — | View 990 |
| 2012 | $36K | $32K | $59K | $0 | — | View 990 |
| 2011 | $28K | $42K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $23K, expenses of $33K, and assets of $81K (revenue -41.1% year-over-year).
- 2019: Revenue of $40K, expenses of $76K, and assets of $90K (revenue -63.8% year-over-year).
- 2018: Revenue of $110K, expenses of $59K, and assets of $126K (revenue +210.5% year-over-year).
- 2017: Revenue of $35K, expenses of $24K, and assets of $75K (revenue +6.5% year-over-year).
- 2016: Revenue of $33K, expenses of $29K, and assets of $63K (revenue -19.8% year-over-year).
- 2015: Revenue of $42K, expenses of $26K, and assets of $60K (revenue +57.7% year-over-year).
- 2014: Revenue of $26K, expenses of $92K, and assets of $44K (revenue -67.2% year-over-year).
- 2013: Revenue of $80K, expenses of $30K, and assets of $109K (revenue +120.2% year-over-year).
- 2012: Revenue of $36K, expenses of $32K, and assets of $59K (revenue +28.9% year-over-year).
- 2011: Revenue of $28K, expenses of $42K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Narragansett Schools Parent Teacher Organization Inc:
Data Sources and Methodology
This transparency report for Narragansett Schools Parent Teacher Organization 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.