Rhode Island College Alumni Association
EIN: 56051361 · Providence, RI · NTEE: B84Z
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $147K |
| Net Assets | $440K |
Is Rhode Island College Alumni Association 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 College Alumni Association
Rhode Island College Alumni Association (EIN: 56051361) is a nonprofit organization based in Providence, RI, classified under NTEE code B84Z. The organization reported total revenue of $9K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island College Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island College Alumni Association is a micro nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -132.4% | +81.2% | -28.6% |
| 2022 | +371.9% | -30.4% | +3.6% |
| 2021 | -64.8% | -42.0% | -14.0% |
| 2020 | -68.3% | -7.8% | -17.7% |
| 2019 | +32.6% | -10.1% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rhode Island College Alumni 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 College Alumni 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Rhode Island College Alumni Association
Is Rhode Island College Alumni Association a legitimate charity?
Rhode Island College Alumni Association (EIN: 56051361) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $9K. No red flags identified. Financial health grade: B.
How does Rhode Island College Alumni Association spend its money?
Rhode Island College Alumni Association reported $9K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rhode Island College Alumni Association tax-deductible?
Rhode Island College Alumni Association is registered as a tax-exempt nonprofit (EIN: 56051361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rhode Island College Alumni Association located?
Rhode Island College Alumni Association is headquartered in Providence, Rhode Island and files with the IRS under EIN 56051361. It is classified under NTEE code B84Z.
How many years of IRS 990 filings does Rhode Island College Alumni Association have?
Rhode Island College Alumni Association has 13 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 $9K in total revenue.
Filing History
IRS 990 filing history for Rhode Island College Alumni Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rhode Island College Alumni Association's revenue has declined by 107.3%, moving from $346K to $-25,091. Total assets decreased by 0.4% over the same period, from $458K to $456K. Total functional expenses fell by 61.7%, from $383K to $147K. The organization holds $16K in liabilities against $456K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $440K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-25,091 | $147K | $456K | $16K | — | View 990 |
| 2022 | $77K | $81K | $638K | $26K | — | — |
| 2021 | $16K | $117K | $616K | $0 | — | — |
| 2020 | $47K | $201K | $716K | $0 | — | View 990 |
| 2019 | $147K | $218K | $870K | $0 | — | View 990 |
| 2018 | $111K | $242K | $965K | $24K | — | View 990 |
| 2017 | $117K | $302K | $1.1M | $2K | — | View 990 |
| 2016 | $1.3M | $585K | $1.3M | $8K | — | View 990 |
| 2015 | $308K | $279K | $543K | $7K | — | View 990 |
| 2014 | $319K | $309K | $546K | $24K | — | View 990 |
| 2013 | $348K | $306K | $498K | $4K | — | View 990 |
| 2012 | $351K | $340K | $462K | $12K | — | View 990 |
| 2011 | $346K | $383K | $458K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-25,091, expenses of $147K, and assets of $456K (revenue -132.4% year-over-year).
- 2022: Revenue of $77K, expenses of $81K, and assets of $638K (revenue +371.9% year-over-year).
- 2021: Revenue of $16K, expenses of $117K, and assets of $616K (revenue -64.8% year-over-year).
- 2020: Revenue of $47K, expenses of $201K, and assets of $716K (revenue -68.3% year-over-year).
- 2019: Revenue of $147K, expenses of $218K, and assets of $870K (revenue +32.6% year-over-year).
- 2018: Revenue of $111K, expenses of $242K, and assets of $965K (revenue -5.3% year-over-year).
- 2017: Revenue of $117K, expenses of $302K, and assets of $1.1M (revenue -91.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $585K, and assets of $1.3M (revenue +324.6% year-over-year).
- 2015: Revenue of $308K, expenses of $279K, and assets of $543K (revenue -3.4% year-over-year).
- 2014: Revenue of $319K, expenses of $309K, and assets of $546K (revenue -8.4% year-over-year).
- 2013: Revenue of $348K, expenses of $306K, and assets of $498K (revenue -0.8% year-over-year).
- 2012: Revenue of $351K, expenses of $340K, and assets of $462K (revenue +1.3% year-over-year).
- 2011: Revenue of $346K, expenses of $383K, and assets of $458K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island College Alumni Association:
Data Sources and Methodology
This transparency report for Rhode Island College Alumni 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.