Societa Mutuo Socorso Enrico Caruso In Manville Ri
EIN: 56016623 · Manville, RI · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $95K |
| Net Assets | $554K |
Is Societa Mutuo Socorso Enrico Caruso In Manville Ri Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Societa Mutuo Socorso Enrico Caruso In Manville Ri
Societa Mutuo Socorso Enrico Caruso In Manville Ri (EIN: 56016623) is a nonprofit organization based in Manville, RI, classified under NTEE code S99. The organization reported total revenue of $208K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Societa Mutuo Socorso Enrico Caruso In Manville Ri's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Societa Mutuo Socorso Enrico Caruso In Manville Ri is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $95K |
| Surplus / Deficit | +$108K |
| Total Assets | $564K |
| Total Liabilities | $10K |
| Net Assets | $554K |
| Operating Margin | 53.2% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 71.5 months |
Financial Health Grade: A
In 2023, Societa Mutuo Socorso Enrico Caruso In Manville Ri reported a surplus of $108K with revenue exceeding expenses, holds 71.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Societa Mutuo Socorso Enrico Caruso In Manville Ri's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.1% | -15.9% | +1046.4% |
| 2022 | +0.8% | +6.1% | -5.4% |
| 2021 | +17.8% | -6.5% | +5.9% |
| 2020 | -44.6% | -13.5% | +63.5% |
| 2019 | +38.4% | -24.1% | +87.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Societa Mutuo Socorso Enrico Caruso In Manville Ri 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 Societa Mutuo Socorso Enrico Caruso In Manville Ri 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:
- The organization reported a surplus of $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Societa Mutuo Socorso Enrico Caruso In Manville Ri
Is Societa Mutuo Socorso Enrico Caruso In Manville Ri a legitimate charity?
Societa Mutuo Socorso Enrico Caruso In Manville Ri (EIN: 56016623) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $208K. No red flags identified. Financial health grade: A.
How does Societa Mutuo Socorso Enrico Caruso In Manville Ri spend its money?
Societa Mutuo Socorso Enrico Caruso In Manville Ri reported $208K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Societa Mutuo Socorso Enrico Caruso In Manville Ri tax-deductible?
Societa Mutuo Socorso Enrico Caruso In Manville Ri is registered as a tax-exempt nonprofit (EIN: 56016623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Societa Mutuo Socorso Enrico Caruso In Manville Ri located?
Societa Mutuo Socorso Enrico Caruso In Manville Ri is headquartered in Manville, Rhode Island and files with the IRS under EIN 56016623. It is classified under NTEE code S99.
How many years of IRS 990 filings does Societa Mutuo Socorso Enrico Caruso In Manville Ri have?
Societa Mutuo Socorso Enrico Caruso In Manville Ri 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 $208K in total revenue.
Filing History
IRS 990 filing history for Societa Mutuo Socorso Enrico Caruso In Manville Ri showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Societa Mutuo Socorso Enrico Caruso In Manville Ri's revenue has grown by 56.3%, moving from $129K to $202K. Total assets increased by 1546.6% over the same period, from $34K to $564K. Total functional expenses fell by 24.7%, from $126K to $95K. In its most recent filing year (2023), Societa Mutuo Socorso Enrico Caruso In Manville Ri reported a surplus of $108K, with revenue exceeding expenses. The organization holds $10K in liabilities against $564K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $554K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $95K | $564K | $10K | — | View 990 |
| 2022 | $110K | $113K | $49K | $0 | — | View 990 |
| 2021 | $109K | $106K | $52K | $0 | — | View 990 |
| 2020 | $93K | $114K | $49K | $0 | — | — |
| 2019 | $167K | $131K | $30K | $76K | — | View 990 |
| 2018 | $121K | $173K | $16K | $98K | — | View 990 |
| 2017 | $124K | $147K | $19K | $49K | — | — |
| 2016 | $114K | $131K | $27K | $33K | — | View 990 |
| 2015 | $123K | $136K | $40K | $30K | — | View 990 |
| 2014 | $136K | $129K | $49K | $26K | — | View 990 |
| 2013 | $133K | $138K | $44K | $28K | — | View 990 |
| 2012 | $133K | $129K | $54K | $32K | — | View 990 |
| 2011 | $129K | $126K | $34K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $95K, and assets of $564K (revenue +84.1% year-over-year).
- 2022: Revenue of $110K, expenses of $113K, and assets of $49K (revenue +0.8% year-over-year).
- 2021: Revenue of $109K, expenses of $106K, and assets of $52K (revenue +17.8% year-over-year).
- 2020: Revenue of $93K, expenses of $114K, and assets of $49K (revenue -44.6% year-over-year).
- 2019: Revenue of $167K, expenses of $131K, and assets of $30K (revenue +38.4% year-over-year).
- 2018: Revenue of $121K, expenses of $173K, and assets of $16K (revenue -2.5% year-over-year).
- 2017: Revenue of $124K, expenses of $147K, and assets of $19K (revenue +8.3% year-over-year).
- 2016: Revenue of $114K, expenses of $131K, and assets of $27K (revenue -7.1% year-over-year).
- 2015: Revenue of $123K, expenses of $136K, and assets of $40K (revenue -9.5% year-over-year).
- 2014: Revenue of $136K, expenses of $129K, and assets of $49K (revenue +2.5% year-over-year).
- 2013: Revenue of $133K, expenses of $138K, and assets of $44K (revenue +-0.0% year-over-year).
- 2012: Revenue of $133K, expenses of $129K, and assets of $54K (revenue +2.6% year-over-year).
- 2011: Revenue of $129K, expenses of $126K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Societa Mutuo Socorso Enrico Caruso In Manville Ri:
Data Sources and Methodology
This transparency report for Societa Mutuo Socorso Enrico Caruso In Manville Ri 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.