Rhode Island Assisted Living Association
EIN: 50497725 · East Providence, RI · NTEE: S40
About Rhode Island Assisted Living Association
Rhode Island Assisted Living Association (EIN: 50497725) is a nonprofit organization based in East Providence, RI, classified under NTEE code S40. The organization reported total revenue of $514K and total assets of $640K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Assisted Living Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Rhode Island Assisted Living Association 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 Rhode Island Assisted Living Association 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.
Filing History
IRS 990 filing history for Rhode Island Assisted Living Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rhode Island Assisted Living Association's revenue has grown by 68.7%, moving from $275K to $463K. Total assets increased by 174.8% over the same period, from $198K to $544K. Total functional expenses rose by 89.3%, from $270K to $512K. In its most recent filing year (2023), Rhode Island Assisted Living Association reported a deficit of $49K, with expenses exceeding revenue. The organization holds $169K in liabilities against $544K in assets (debt-to-asset ratio: 31.0%), resulting in net assets of $375K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $463K | $512K | $544K | $169K | — | — |
| 2022 | $427K | $426K | $573K | $149K | — | View 990 |
| 2021 | $419K | $399K | $462K | $39K | — | View 990 |
| 2020 | $345K | $371K | $413K | $10K | — | View 990 |
| 2019 | $429K | $407K | $441K | $12K | — | View 990 |
| 2018 | $413K | $388K | $411K | $6K | — | View 990 |
| 2017 | $396K | $373K | $392K | $12K | — | View 990 |
| 2016 | $368K | $363K | $373K | $22K | — | View 990 |
| 2015 | $348K | $311K | $363K | $16K | — | View 990 |
| 2014 | $335K | $290K | $328K | $18K | — | View 990 |
| 2013 | $311K | $251K | $279K | $15K | — | View 990 |
| 2012 | $283K | $274K | $220K | $15K | — | View 990 |
| 2011 | $275K | $270K | $198K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $463K, expenses of $512K, and assets of $544K (revenue +8.4% year-over-year).
- 2022: Revenue of $427K, expenses of $426K, and assets of $573K (revenue +2.1% year-over-year).
- 2021: Revenue of $419K, expenses of $399K, and assets of $462K (revenue +21.4% year-over-year).
- 2020: Revenue of $345K, expenses of $371K, and assets of $413K (revenue -19.6% year-over-year).
- 2019: Revenue of $429K, expenses of $407K, and assets of $441K (revenue +3.9% year-over-year).
- 2018: Revenue of $413K, expenses of $388K, and assets of $411K (revenue +4.2% year-over-year).
- 2017: Revenue of $396K, expenses of $373K, and assets of $392K (revenue +7.6% year-over-year).
- 2016: Revenue of $368K, expenses of $363K, and assets of $373K (revenue +5.9% year-over-year).
- 2015: Revenue of $348K, expenses of $311K, and assets of $363K (revenue +3.8% year-over-year).
- 2014: Revenue of $335K, expenses of $290K, and assets of $328K (revenue +7.9% year-over-year).
- 2013: Revenue of $311K, expenses of $251K, and assets of $279K (revenue +9.6% year-over-year).
- 2012: Revenue of $283K, expenses of $274K, and assets of $220K (revenue +3.2% year-over-year).
- 2011: Revenue of $275K, expenses of $270K, and assets of $198K.
Data Sources and Methodology
This transparency report for Rhode Island Assisted Living Association 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.