Nursing Foundation Of Rhode Island
Nursing Foundation Of Rhode Island: Transparent Spending with Room for Improvement
EIN: 223125684 · Providence, RI · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Expenses | $15K |
| Program Spending | 65% |
| CEO/Top Officer Pay | $151,870. |
| Net Assets | $63K |
| Transparency Score | 85/100 |
Is Nursing Foundation Of Rhode Island Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nursing Foundation Of Rhode Island directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Nursing Foundation Of Rhode Island
Nursing Foundation Of Rhode Island (EIN: 223125684) 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 Nursing Foundation Of Rhode Island's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nursing Foundation Of Rhode Island is a micro nonprofit that has been operating for 35 years.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $15K |
| Surplus / Deficit | +$10K |
| Total Assets | $63K |
| Net Assets | $63K |
| Operating Margin | 38.5% |
| Months of Reserves | 49.9 months |
Financial Health Grade: A
In 2014, Nursing Foundation Of Rhode Island reported a surplus of $10K with revenue exceeding expenses, holds 49.9 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Nursing Foundation Of Rhode Island 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: 15%
- programs: 65%
- fundraising: 20%
According to IRS 990 filings, Nursing Foundation Of Rhode Island allocates its expenses as follows: admin: 15%, programs: 65%, fundraising: 20%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is aligned with industry standards, with the CEO receiving a salary of $151,870.
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 Nursing Foundation Of Rhode Island's IRS 990 filings:
- The fundraising percentage is relatively high, indicating potential over-reliance on donations.
Strengths
The following positive indicators were identified for Nursing Foundation Of Rhode Island:
- The detailed spending breakdown provides transparency and accountability.
Frequently Asked Questions about Nursing Foundation Of Rhode Island
Is Nursing Foundation Of Rhode Island a legitimate charity?
Nursing Foundation Of Rhode Island (EIN: 223125684) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 85/100. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does Nursing Foundation Of Rhode Island spend its money?
Nursing Foundation Of Rhode Island directs 65% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Nursing Foundation Of Rhode Island tax-deductible?
Nursing Foundation Of Rhode Island is registered as a tax-exempt nonprofit (EIN: 223125684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nursing Foundation Of Rhode Island CEO make?
Nursing Foundation Of Rhode Island's highest-compensated officer earns $151,870. annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nursing Foundation Of Rhode Island's spending goes to programs?
Nursing Foundation Of Rhode Island directs 65% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Nursing Foundation Of Rhode Island located?
Nursing Foundation Of Rhode Island is headquartered in Providence, Rhode Island and files with the IRS under EIN 223125684.
What does Nursing Foundation Of Rhode Island do?
Nursing Foundation Of Rhode Island is a nonprofit organization in the Unknown sector, located in Providence, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Nursing Foundation Of Rhode Island have?
Nursing Foundation Of Rhode Island reported total revenue of N/A. Based on 1 IRS 990 filing on record.
What are Nursing Foundation Of Rhode Island's total assets?
Nursing Foundation Of Rhode Island holds total assets of N/A as reported in IRS 990 filings.
Where is Nursing Foundation Of Rhode Island located?
Nursing Foundation Of Rhode Island is based in Providence, Rhode Island.
What is Nursing Foundation Of Rhode Island's EIN?
Nursing Foundation Of Rhode Island's Employer Identification Number (EIN) is 223125684. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Nursing Foundation Of Rhode Island?
Nursing Foundation Of Rhode Island is classified under NTEE code Unknown (Unknown).
Is Nursing Foundation Of Rhode Island a registered 501(c)(3)?
Nursing Foundation Of Rhode Island appears in IRS records (EIN: 223125684). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Nursing Foundation Of Rhode Island file IRS Form 990?
Yes, Nursing Foundation Of Rhode Island has 1 IRS Form 990 filing on record. The most recent covers tax period 201412.
What was Nursing Foundation Of Rhode Island's revenue in 2014?
In the 201412 filing period, Nursing Foundation Of Rhode Island reported total revenue of $24,708, total expenses of $15,187, and net assets of $63,209.
What is Nursing Foundation Of Rhode Island's most recent 990 filing?
The most recent IRS Form 990 filing for Nursing Foundation Of Rhode Island covers tax period 201412. It shows revenue of $24,708, expenses of $15,187, total assets of $63,209, and liabilities of N/A.
How much does Nursing Foundation Of Rhode Island spend on programs vs administration?
Based on IRS 990 analysis, Nursing Foundation Of Rhode Island allocates approximately 65% of expenses to program services, 15% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Nursing Foundation Of Rhode Island a trustworthy charity?
Based on AI analysis of IRS 990 data, Nursing Foundation Of Rhode Island appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Nursing Foundation Of Rhode Island?
The following concerns were identified: The fundraising percentage is relatively high, indicating potential over-reliance on donations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Nursing Foundation Of Rhode Island's strengths?
Positive indicators for Nursing Foundation Of Rhode Island include: The detailed spending breakdown provides transparency and accountability.. These findings are derived from AI analysis of the organization's financial filings.
How does Nursing Foundation Of Rhode Island compensate executives?
Executive compensation is aligned with industry standards, with the CEO receiving a salary of $151,870. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Nursing Foundation allocate its funds to support nursing education and research?
The foundation dedicates 65% of its budget to programs, with a significant portion allocated to nursing education and research initiatives, as detailed in the annual report.
What is the current fundraising percentage, and how does it compare to previous years?
The current fundraising percentage is 20%, which is consistent with the previous year's report, indicating a stable approach to securing financial support.
Can you provide more details on the executive compensation structure?
The CEO's salary is $151,870, which is in line with industry standards, as detailed in the latest financial filings.
Filing History
IRS 990 filing history for Nursing Foundation Of Rhode Island showing financial trends over 1 year of public records:
In its most recent filing year (2014), Nursing Foundation Of Rhode Island reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $25K | $15K | $63K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nursing Foundation Of Rhode Island:
Data Sources and Methodology
This transparency report for Nursing Foundation Of 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.