Rhode Island Principals Committee On Athletics
Rhode Island Principals Committee On Athletics: Consistent Revenue, Minimal Liabilities
EIN: 222575699 · Narragansett, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $77K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $177K |
| Transparency Score | 75/100 |
Is Rhode Island Principals Committee On Athletics Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rhode Island Principals Committee On Athletics directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rhode Island Principals Committee On Athletics
Rhode Island Principals Committee On Athletics (EIN: 222575699) is a nonprofit organization based in Narragansett, RI. The organization reported total revenue of $104K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Principals Committee On Athletics's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island Principals Committee On Athletics is a small nonprofit that has been operating for 41 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $77K |
| Surplus / Deficit | +$27K |
| Total Assets | $177K |
| Total Liabilities | $147 |
| Net Assets | $177K |
| Operating Margin | 25.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 27.5 months |
Financial Health Grade: A
In 2023, Rhode Island Principals Committee On Athletics reported a surplus of $27K with revenue exceeding expenses, holds 27.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Rhode Island Principals Committee On Athletics's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.6% | +35.0% | +17.7% |
| 2022 | +70.1% | +195.3% | +23.7% |
| 2021 | -6.2% | -66.9% | +34.5% |
| 2020 | -50.3% | -27.6% | -4.9% |
| 2019 | -7.8% | +3.0% | +40.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Principals Committee On Athletics with a Mission Score of 75 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Rhode Island Principals Committee On Athletics allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very lean operational structure.
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.
Strengths
The following positive indicators were identified for Rhode Island Principals Committee On Athletics:
- Consistent revenue generation over several years, with 2023 revenue at $103,918.
- Very low liabilities, with only $147 reported in 2023, indicating strong financial health.
- Assets have shown consistent growth, reaching $177,410 in 2023.
- Efficient spending with a high percentage of expenses likely directed towards programs given the low administrative and fundraising costs implied by zero executive compensation.
Frequently Asked Questions about Rhode Island Principals Committee On Athletics
Is Rhode Island Principals Committee On Athletics a legitimate charity?
Rhode Island Principals Committee On Athletics (EIN: 222575699) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $104K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Rhode Island Principals Committee On Athletics spend its money?
Rhode Island Principals Committee On Athletics directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rhode Island Principals Committee On Athletics tax-deductible?
Rhode Island Principals Committee On Athletics is registered as a tax-exempt nonprofit (EIN: 222575699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rhode Island Principals Committee On Athletics CEO make?
Rhode Island Principals Committee On Athletics's highest-compensated officer earns $0 annually. The organization reported $104K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rhode Island Principals Committee On Athletics's spending goes to programs?
Rhode Island Principals Committee On Athletics directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Rhode Island Principals Committee On Athletics located?
Rhode Island Principals Committee On Athletics is headquartered in Narragansett, Rhode Island and files with the IRS under EIN 222575699.
How many years of IRS 990 filings does Rhode Island Principals Committee On Athletics have?
Rhode Island Principals Committee On Athletics has 8 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 $104K in total revenue.
What does Rhode Island Principals Committee On Athletics do?
Rhode Island Principals Committee On Athletics is a nonprofit organization in the Unknown sector, located in Narragansett, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Rhode Island Principals Committee On Athletics have?
Rhode Island Principals Committee On Athletics reported total revenue of $103,918. Based on 8 IRS 990 filings on record.
What are Rhode Island Principals Committee On Athletics's total assets?
Rhode Island Principals Committee On Athletics holds total assets of $177,410 as reported in IRS 990 filings.
Where is Rhode Island Principals Committee On Athletics located?
Rhode Island Principals Committee On Athletics is based in Narragansett, Rhode Island.
What is Rhode Island Principals Committee On Athletics's EIN?
Rhode Island Principals Committee On Athletics's Employer Identification Number (EIN) is 222575699. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rhode Island Principals Committee On Athletics?
Rhode Island Principals Committee On Athletics is classified under NTEE code Unknown (Unknown).
Is Rhode Island Principals Committee On Athletics a registered 501(c)(3)?
Rhode Island Principals Committee On Athletics appears in IRS records (EIN: 222575699). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Rhode Island Principals Committee On Athletics file IRS Form 990?
Yes, Rhode Island Principals Committee On Athletics has 8 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Rhode Island Principals Committee On Athletics's revenue in 2023?
In the 202308 filing period, Rhode Island Principals Committee On Athletics reported total revenue of $103,918, total expenses of $77,339, and net assets of $177,410.
Is Rhode Island Principals Committee On Athletics's revenue growing or declining?
Rhode Island Principals Committee On Athletics's revenue is growing. Revenue went from $86,148 (202208) to $103,918 (202308), a +20.6% change. Based on 8 filings on record.
What is Rhode Island Principals Committee On Athletics's most recent 990 filing?
The most recent IRS Form 990 filing for Rhode Island Principals Committee On Athletics covers tax period 202308. It shows revenue of $103,918, expenses of $77,339, total assets of $177,410, and liabilities of $147.
How much does Rhode Island Principals Committee On Athletics spend on programs vs administration?
Based on IRS 990 analysis, Rhode Island Principals Committee On Athletics allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Rhode Island Principals Committee On Athletics a trustworthy charity?
Based on AI analysis of IRS 990 data, Rhode Island Principals Committee On Athletics appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Rhode Island Principals Committee On Athletics's strengths?
Positive indicators for Rhode Island Principals Committee On Athletics include: Consistent revenue generation over several years, with 2023 revenue at $103,918.. Very low liabilities, with only $147 reported in 2023, indicating strong financial health.. Assets have shown consistent growth, reaching $177,410 in 2023.. Efficient spending with a high percentage of expenses likely directed towards programs given the low administrative and fundraising costs implied by zero executive compensation.. These findings are derived from AI analysis of the organization's financial filings.
How does Rhode Island Principals Committee On Athletics compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very lean operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs or initiatives does the Rhode Island Principals Committee On Athletics fund or operate?
The provided data does not detail specific programs. However, the consistent revenue and asset growth, coupled with minimal liabilities and zero reported executive compensation, suggest that the organization effectively channels its resources into its athletic mission, likely supporting school athletic programs or events in Rhode Island.
Filing History
IRS 990 filing history for Rhode Island Principals Committee On Athletics showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Rhode Island Principals Committee On Athletics's revenue has grown by 52.6%, moving from $68K to $104K. Total assets increased by 1179.1% over the same period, from $14K to $177K. Total functional expenses rose by 0.5%, from $77K to $77K. In its most recent filing year (2023), Rhode Island Principals Committee On Athletics reported a surplus of $27K, with revenue exceeding expenses. The organization holds $147 in liabilities against $177K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $77K | $177K | $147 | — | View 990 |
| 2022 | $86K | $57K | $151K | $0 | — | View 990 |
| 2021 | $51K | $19K | $122K | $22 | — | — |
| 2020 | $54K | $59K | $91K | $0 | — | View 990 |
| 2019 | $109K | $81K | $95K | $19 | — | View 990 |
| 2018 | $118K | $79K | $68K | $22 | — | View 990 |
| 2017 | $91K | $76K | $28K | $101 | — | View 990 |
| 2016 | $68K | $77K | $14K | $104 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $77K, and assets of $177K (revenue +20.6% year-over-year).
- 2022: Revenue of $86K, expenses of $57K, and assets of $151K (revenue +70.1% year-over-year).
- 2021: Revenue of $51K, expenses of $19K, and assets of $122K (revenue -6.2% year-over-year).
- 2020: Revenue of $54K, expenses of $59K, and assets of $91K (revenue -50.3% year-over-year).
- 2019: Revenue of $109K, expenses of $81K, and assets of $95K (revenue -7.8% year-over-year).
- 2018: Revenue of $118K, expenses of $79K, and assets of $68K (revenue +30.3% year-over-year).
- 2017: Revenue of $91K, expenses of $76K, and assets of $28K (revenue +32.9% year-over-year).
- 2016: Revenue of $68K, expenses of $77K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island Principals Committee On Athletics:
Data Sources and Methodology
This transparency report for Rhode Island Principals Committee On Athletics 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.