Rhode Island Environmental Education Association Inc
Rhode Island Environmental Education Association Inc faces recent financial deficit despite historical revenue growth.
EIN: 201993897 · Providence, RI · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $143K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $191,187. |
| Net Assets | $41K |
| Transparency Score | 70/100 |
Is Rhode Island Environmental Education Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rhode Island Environmental Education Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rhode Island Environmental Education Association Inc
Rhode Island Environmental Education Association Inc (EIN: 201993897) is a nonprofit organization based in Providence, RI, classified under NTEE code B90. The organization reported total revenue of $191K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Environmental Education Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island Environmental Education Association Inc is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $143K |
| Surplus / Deficit | $-75,380 |
| Total Assets | $42K |
| Total Liabilities | $846 |
| Net Assets | $41K |
| Operating Margin | -111.6% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Rhode Island Environmental Education Association Inc reported a deficit of $75K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Rhode Island Environmental Education Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.9% | +10.1% | -64.1% |
| 2022 | +17.9% | +33.3% | +4.7% |
| 2021 | +407.0% | +39.6% | +60.0% |
| 2020 | -81.2% | -31.5% | -39.4% |
| 2019 | +12.5% | +17.3% | +26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
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 Rhode Island Environmental Education Association Inc with a Mission Score of 70 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Rhode Island Environmental Education Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all seven filings, indicating that officers are not drawing salaries from the organization, which is commendable for an organization of its size with latest revenue of $191,187.
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 Rhode Island Environmental Education Association Inc's IRS 990 filings:
- Significant deficit in the most recent filing period (202312), with expenses ($142,944) more than double revenue ($67,564).
- Substantial decrease in assets from $117,940 in 202212 to $42,298 in 202312, indicating financial strain.
- Fluctuating revenue and expense levels over the filing history, suggesting potential instability in funding or operations.
Strengths
The following positive indicators were identified for Rhode Island Environmental Education Association Inc:
- Consistent filing of IRS Form 990s over seven periods, demonstrating transparency and compliance.
- 0% officer compensation reported across all filings, indicating a commitment to directing funds towards the mission rather than executive salaries.
- Historical periods of positive net income, such as 202212 (revenue $143,488 vs. expenses $129,873) and 202112 (revenue $121,681 vs. expenses $97,435), show past financial health.
Frequently Asked Questions about Rhode Island Environmental Education Association Inc
Is Rhode Island Environmental Education Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhode Island Environmental Education Association Inc (EIN: 201993897) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Rhode Island Environmental Education Association Inc spend its money?
Rhode Island Environmental Education Association Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rhode Island Environmental Education Association Inc tax-deductible?
Rhode Island Environmental Education Association Inc is registered as a tax-exempt nonprofit (EIN: 201993897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rhode Island Environmental Education Association Inc CEO make?
Rhode Island Environmental Education Association Inc's highest-compensated officer earns $191,187. annually. The organization reported $191K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rhode Island Environmental Education Association Inc's spending goes to programs?
Rhode Island Environmental Education Association Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rhode Island Environmental Education Association Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Rhode Island Environmental Education Association Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rhode Island Environmental Education Association Inc located?
Rhode Island Environmental Education Association Inc is headquartered in Providence, Rhode Island and files with the IRS under EIN 201993897. It is classified under NTEE code B90.
How many years of IRS 990 filings does Rhode Island Environmental Education Association Inc have?
Rhode Island Environmental Education Association Inc has 7 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 $191K in total revenue.
Is Rhode Island Environmental Education Association Inc a good charity?
RIEEA demonstrates commitment to its mission through consistent operations and zero officer compensation. However, the significant deficit in the 202312 period, where expenses ($142,944) far exceeded revenue ($67,564), raises concerns about financial stability and sustainability. Donors should monitor future filings for improved financial health.
What caused the large deficit in 202312?
The provided data does not specify the exact causes of the deficit in the 202312 period. It could be due to a temporary decrease in funding, increased program costs, or other operational factors. Further detailed financial statements would be needed to understand the specific reasons.
How does RIEEA's asset level compare to its revenue?
RIEEA's assets have fluctuated, reaching a high of $117,940 in 202212 against revenue of $143,488, but then significantly dropped to $42,298 in 202312 while revenue was $67,564. This recent decline in assets relative to revenue suggests a weakening financial position.
Filing History
IRS 990 filing history for Rhode Island Environmental Education Association Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Rhode Island Environmental Education Association Inc's revenue has declined by 33.3%, moving from $101K to $68K. Total assets decreased by 34.4% over the same period, from $64K to $42K. Total functional expenses rose by 218.5%, from $45K to $143K. In its most recent filing year (2023), Rhode Island Environmental Education Association Inc reported a deficit of $75K, with expenses exceeding revenue. The organization holds $846 in liabilities against $42K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $41K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $143K | $42K | $846 | — | View 990 |
| 2022 | $143K | $130K | $118K | $1K | — | View 990 |
| 2021 | $122K | $97K | $113K | $9K | — | — |
| 2020 | $24K | $70K | $70K | $0 | — | View 990 |
| 2019 | $127K | $102K | $116K | $0 | — | View 990 |
| 2018 | $113K | $87K | $92K | $1K | — | View 990 |
| 2017 | $101K | $45K | $64K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $143K, and assets of $42K (revenue -52.9% year-over-year).
- 2022: Revenue of $143K, expenses of $130K, and assets of $118K (revenue +17.9% year-over-year).
- 2021: Revenue of $122K, expenses of $97K, and assets of $113K (revenue +407.0% year-over-year).
- 2020: Revenue of $24K, expenses of $70K, and assets of $70K (revenue -81.2% year-over-year).
- 2019: Revenue of $127K, expenses of $102K, and assets of $116K (revenue +12.5% year-over-year).
- 2018: Revenue of $113K, expenses of $87K, and assets of $92K (revenue +11.8% year-over-year).
- 2017: Revenue of $101K, expenses of $45K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island Environmental Education Association Inc:
Data Sources and Methodology
This transparency report for Rhode Island Environmental Education Association Inc 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.