Rhode Island Carpenters Vacation Fund
EIN: 237412919 · Warwick, RI
| Metric | Value |
|---|---|
| Total Expenses | $553K |
| Net Assets | $25K |
Is Rhode Island Carpenters Vacation Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rhode Island Carpenters Vacation Fund
Rhode Island Carpenters Vacation Fund (EIN: 237412919) is a nonprofit organization based in Warwick, 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 Rhode Island Carpenters Vacation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island Carpenters Vacation Fund is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $572K |
| Total Expenses | $553K |
| Surplus / Deficit | +$19K |
| Total Assets | $629K |
| Total Liabilities | $604K |
| Net Assets | $25K |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 96.1% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2016, Rhode Island Carpenters Vacation Fund reported a surplus of $19K with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 96.1% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Rhode Island Carpenters Vacation Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +22.3% | +11.3% | +18.0% |
| 2015 | +18.5% | +17.8% | +3.0% |
| 2014 | -2.7% | -39.6% | -8.3% |
| 2013 | -12.2% | +33.8% | -36.8% |
| 2012 | +9.3% | +49.5% | -2.6% |
AI Analysis Pending
AI enrichment for Rhode Island Carpenters Vacation Fund 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 Carpenters Vacation Fund 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.1%.
Frequently Asked Questions about Rhode Island Carpenters Vacation Fund
Is Rhode Island Carpenters Vacation Fund a legitimate charity?
Rhode Island Carpenters Vacation Fund (EIN: 237412919) is a registered tax-exempt nonprofit based in Rhode Island. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Rhode Island Carpenters Vacation Fund spend its money?
Rhode Island Carpenters Vacation Fund reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rhode Island Carpenters Vacation Fund tax-deductible?
Rhode Island Carpenters Vacation Fund is registered as a tax-exempt nonprofit (EIN: 237412919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rhode Island Carpenters Vacation Fund located?
Rhode Island Carpenters Vacation Fund is headquartered in Warwick, Rhode Island and files with the IRS under EIN 237412919.
How many years of IRS 990 filings does Rhode Island Carpenters Vacation Fund have?
Rhode Island Carpenters Vacation Fund has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Rhode Island Carpenters Vacation Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Rhode Island Carpenters Vacation Fund's revenue has grown by 35.2%, moving from $423K to $572K. Total assets decreased by 31.4% over the same period, from $916K to $629K. Total functional expenses rose by 58.3%, from $349K to $553K. In its most recent filing year (2016), Rhode Island Carpenters Vacation Fund reported a surplus of $19K, with revenue exceeding expenses. The organization holds $604K in liabilities against $629K in assets (debt-to-asset ratio: 96.1%), resulting in net assets of $25K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $572K | $553K | $629K | $604K | — | View 990 |
| 2015 | $468K | $497K | $533K | $506K | — | View 990 |
| 2014 | $395K | $422K | $517K | $461K | — | — |
| 2013 | $406K | $698K | $564K | $482K | — | View 990 |
| 2012 | $463K | $522K | $892K | $517K | — | View 990 |
| 2011 | $423K | $349K | $916K | $482K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $572K, expenses of $553K, and assets of $629K (revenue +22.3% year-over-year).
- 2015: Revenue of $468K, expenses of $497K, and assets of $533K (revenue +18.5% year-over-year).
- 2014: Revenue of $395K, expenses of $422K, and assets of $517K (revenue -2.7% year-over-year).
- 2013: Revenue of $406K, expenses of $698K, and assets of $564K (revenue -12.2% year-over-year).
- 2012: Revenue of $463K, expenses of $522K, and assets of $892K (revenue +9.3% year-over-year).
- 2011: Revenue of $423K, expenses of $349K, and assets of $916K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island Carpenters Vacation Fund:
Data Sources and Methodology
This transparency report for Rhode Island Carpenters Vacation Fund 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.