Rhode Island Construction Training Academy
EIN: 50467283 · Pawtucket, RI · NTEE: B31Z
Is Rhode Island Construction Training Academy 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 Construction Training Academy
Rhode Island Construction Training Academy (EIN: 50467283) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code B31Z. The organization reported total revenue of $398K and total assets of $610K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Construction Training Academy'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 Construction Training Academy 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 Construction Training Academy 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.
Frequently Asked Questions about Rhode Island Construction Training Academy
Is Rhode Island Construction Training Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhode Island Construction Training Academy (EIN: 50467283) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rhode Island Construction Training Academy spend its money?
Detailed spending breakdown data is not yet available for Rhode Island Construction Training Academy. Check back for updated IRS 990 analysis.
Are donations to Rhode Island Construction Training Academy tax-deductible?
Rhode Island Construction Training Academy is registered as a tax-exempt nonprofit (EIN: 50467283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Rhode Island Construction Training Academy showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2024), Rhode Island Construction Training Academy's revenue has grown by 80.8%, moving from $220K to $398K. Total assets increased by 65.3% over the same period, from $369K to $610K. Total functional expenses rose by 62.4%, from $263K to $428K. In its most recent filing year (2024), Rhode Island Construction Training Academy reported a deficit of $30K, with expenses exceeding revenue. The organization holds $94K in liabilities against $610K in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $517K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $398K | $428K | $610K | $94K | — | — |
| 2023 | $386K | $437K | $642K | $95K | — | View 990 |
| 2022 | $426K | $429K | $666K | $69K | — | View 990 |
| 2021 | $387K | $396K | $687K | $87K | — | View 990 |
| 2020 | $438K | $380K | $695K | $85K | — | View 990 |
| 2019 | $368K | $327K | $549K | $36K | — | View 990 |
| 2018 | $373K | $303K | $494K | $19K | — | View 990 |
| 2017 | $319K | $283K | $376K | $27K | — | View 990 |
| 2016 | $322K | $265K | $329K | $15K | — | View 990 |
| 2015 | $317K | $268K | $270K | $14K | — | View 990 |
| 2014 | $266K | $247K | $258K | $51K | — | View 990 |
| 2013 | $216K | $224K | $247K | $59K | — | View 990 |
| 2012 | $209K | $219K | $255K | $59K | — | View 990 |
| 2011 | $171K | $116K | $265K | $57K | — | View 990 |
| 2010 | $220K | $263K | $369K | $215K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $398K, expenses of $428K, and assets of $610K (revenue +2.9% year-over-year).
- 2023: Revenue of $386K, expenses of $437K, and assets of $642K (revenue -9.3% year-over-year).
- 2022: Revenue of $426K, expenses of $429K, and assets of $666K (revenue +10.0% year-over-year).
- 2021: Revenue of $387K, expenses of $396K, and assets of $687K (revenue -11.8% year-over-year).
- 2020: Revenue of $438K, expenses of $380K, and assets of $695K (revenue +19.3% year-over-year).
- 2019: Revenue of $368K, expenses of $327K, and assets of $549K (revenue -1.5% year-over-year).
- 2018: Revenue of $373K, expenses of $303K, and assets of $494K (revenue +17.0% year-over-year).
- 2017: Revenue of $319K, expenses of $283K, and assets of $376K (revenue -1.1% year-over-year).
- 2016: Revenue of $322K, expenses of $265K, and assets of $329K (revenue +1.8% year-over-year).
- 2015: Revenue of $317K, expenses of $268K, and assets of $270K (revenue +18.9% year-over-year).
- 2014: Revenue of $266K, expenses of $247K, and assets of $258K (revenue +23.6% year-over-year).
- 2013: Revenue of $216K, expenses of $224K, and assets of $247K (revenue +3.1% year-over-year).
- 2012: Revenue of $209K, expenses of $219K, and assets of $255K (revenue +22.2% year-over-year).
- 2011: Revenue of $171K, expenses of $116K, and assets of $265K (revenue -22.2% year-over-year).
- 2010: Revenue of $220K, expenses of $263K, and assets of $369K.
Data Sources and Methodology
This transparency report for Rhode Island Construction Training Academy 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.