South Providence Neighborhood Ministries
South Providence Neighborhood Ministries: Consistent Community Support with Financial Tightness
EIN: 222558505 · Providence, RI · NTEE: P200 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $268K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $15K |
| Transparency Score | 75/100 |
Is South Providence Neighborhood Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Providence Neighborhood Ministries directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Providence Neighborhood Ministries
South Providence Neighborhood Ministries (EIN: 222558505) is a nonprofit organization based in Providence, RI, classified under NTEE code P200. The organization reported total revenue of $252K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Providence Neighborhood Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Providence Neighborhood Ministries is a small nonprofit that has been operating for 37 years, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $268K |
| Surplus / Deficit | $-19,614 |
| Total Assets | $45K |
| Total Liabilities | $29K |
| Net Assets | $15K |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 65.8% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2016, South Providence Neighborhood Ministries reported a deficit of $20K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 65.8% (high leverage).
Financial Trends
Over 7 years of filings (2010–2016), South Providence Neighborhood Ministries's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -15.0% | -14.8% | -21.1% |
| 2015 | +21.1% | +22.8% | -26.2% |
| 2014 | -25.1% | -20.9% | +42.6% |
| 2013 | +2.1% | +0.3% | +9.1% |
| 2012 | +4.1% | -18.7% | -21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 South Providence Neighborhood Ministries 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: 85%
- fundraising: 5%
According to IRS 990 filings, South Providence Neighborhood Ministries allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very low-cost leadership 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.
Red Flags
The following concerns were identified during AI analysis of South Providence Neighborhood Ministries's IRS 990 filings:
- Expenses consistently exceed revenue in multiple years (e.g., 2016, 2015, 2014), suggesting potential long-term financial unsustainability.
- Net assets have shown a declining trend from $145,116 in 2010 to $44,611 in 2016, indicating a reduction in financial reserves.
Strengths
The following positive indicators were identified for South Providence Neighborhood Ministries:
- The organization has a long history of operation, with financial data available back to 2010, demonstrating sustained community presence.
- A reported 0% executive compensation suggests a strong commitment to directing funds towards programs rather than administrative overhead.
- Despite financial challenges, the organization has maintained operations and continued to serve its community for over a decade.
Frequently Asked Questions about South Providence Neighborhood Ministries
Is South Providence Neighborhood Ministries a legitimate charity?
South Providence Neighborhood Ministries (EIN: 222558505) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $252K. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does South Providence Neighborhood Ministries spend its money?
South Providence Neighborhood Ministries directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to South Providence Neighborhood Ministries tax-deductible?
South Providence Neighborhood Ministries is registered as a tax-exempt nonprofit (EIN: 222558505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the South Providence Neighborhood Ministries CEO make?
South Providence Neighborhood Ministries's highest-compensated officer earns $0 annually. The organization reported $252K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of South Providence Neighborhood Ministries's spending goes to programs?
South Providence Neighborhood Ministries directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does South Providence Neighborhood Ministries compare to similar nonprofits?
With a transparency score of 75/100 (Good), South Providence Neighborhood Ministries is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Providence Neighborhood Ministries located?
South Providence Neighborhood Ministries is headquartered in Providence, Rhode Island and files with the IRS under EIN 222558505. It is classified under NTEE code P200.
How many years of IRS 990 filings does South Providence Neighborhood Ministries have?
South Providence Neighborhood Ministries 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 $252K in total revenue.
What does South Providence Neighborhood Ministries do?
South Providence Neighborhood Ministries is a nonprofit organization in the Human Services sector, located in Providence, Rhode Island. It is classified under NTEE code P200.
How much revenue does South Providence Neighborhood Ministries have?
South Providence Neighborhood Ministries reported total revenue of $252,304. Based on 7 IRS 990 filings on record.
What are South Providence Neighborhood Ministries's total assets?
South Providence Neighborhood Ministries holds total assets of $44,611 as reported in IRS 990 filings.
Where is South Providence Neighborhood Ministries located?
South Providence Neighborhood Ministries is based in Providence, Rhode Island.
What is South Providence Neighborhood Ministries's EIN?
South Providence Neighborhood Ministries's Employer Identification Number (EIN) is 222558505. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is South Providence Neighborhood Ministries?
South Providence Neighborhood Ministries is classified under NTEE code P200 (Human Services).
Is South Providence Neighborhood Ministries a registered 501(c)(3)?
Yes, South Providence Neighborhood Ministries is recognized as a tax-exempt organization by the IRS. EIN: 222558505.
Does South Providence Neighborhood Ministries file IRS Form 990?
Yes, South Providence Neighborhood Ministries has 7 IRS Form 990 filings on record. The most recent covers tax period 201612.
What was South Providence Neighborhood Ministries's revenue in 2016?
In the 201612 filing period, South Providence Neighborhood Ministries reported total revenue of $248,296, total expenses of $267,910, and net assets of $44,611.
Is South Providence Neighborhood Ministries's revenue growing or declining?
South Providence Neighborhood Ministries's revenue is declining. Revenue went from $292,214 (201512) to $248,296 (201612), a -15.0% change. Based on 7 filings on record.
What is South Providence Neighborhood Ministries's most recent 990 filing?
The most recent IRS Form 990 filing for South Providence Neighborhood Ministries covers tax period 201612. It shows revenue of $248,296, expenses of $267,910, total assets of $44,611, and liabilities of $29,353.
How much does South Providence Neighborhood Ministries spend on programs vs administration?
Based on IRS 990 analysis, South Providence Neighborhood Ministries allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is South Providence Neighborhood Ministries a trustworthy charity?
Based on AI analysis of IRS 990 data, South Providence Neighborhood Ministries appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for South Providence Neighborhood Ministries?
The following concerns were identified: Expenses consistently exceed revenue in multiple years (e.g., 2016, 2015, 2014), suggesting potential long-term financial unsustainability.. Net assets have shown a declining trend from $145,116 in 2010 to $44,611 in 2016, indicating a reduction in financial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are South Providence Neighborhood Ministries's strengths?
Positive indicators for South Providence Neighborhood Ministries include: The organization has a long history of operation, with financial data available back to 2010, demonstrating sustained community presence.. A reported 0% executive compensation suggests a strong commitment to directing funds towards programs rather than administrative overhead.. Despite financial challenges, the organization has maintained operations and continued to serve its community for over a decade.. These findings are derived from AI analysis of the organization's financial filings.
How does South Providence Neighborhood Ministries compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain operations given the consistent reporting of expenses exceeding revenue and declining net assets?
The consistent deficit suggests reliance on prior year reserves or non-reported in-kind contributions to cover operational gaps, which is not sustainable long-term without a shift in financial strategy or increased funding.
What is the impact of the reported $0 executive compensation on the organization's ability to attract and retain professional leadership?
While admirable for maximizing program spending, a lack of paid executive leadership could limit the organization's capacity for strategic growth, complex fundraising, and professional management, potentially contributing to the financial challenges observed.
Filing History
IRS 990 filing history for South Providence Neighborhood Ministries showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), South Providence Neighborhood Ministries's revenue has declined by 36.1%, moving from $388K to $248K. Total assets decreased by 69.3% over the same period, from $145K to $45K. Total functional expenses fell by 32.2%, from $395K to $268K. In its most recent filing year (2016), South Providence Neighborhood Ministries reported a deficit of $20K, with expenses exceeding revenue. The organization holds $29K in liabilities against $45K in assets (debt-to-asset ratio: 65.8%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $248K | $268K | $45K | $29K | — | View 990 |
| 2015 | $292K | $315K | $57K | $22K | — | View 990 |
| 2014 | $241K | $256K | $77K | $21K | — | View 990 |
| 2013 | $322K | $324K | $54K | $5K | — | View 990 |
| 2012 | $316K | $323K | $49K | $5K | — | View 990 |
| 2011 | $304K | $398K | $63K | $13K | — | View 990 |
| 2010 | $388K | $395K | $145K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $248K, expenses of $268K, and assets of $45K (revenue -15.0% year-over-year).
- 2015: Revenue of $292K, expenses of $315K, and assets of $57K (revenue +21.1% year-over-year).
- 2014: Revenue of $241K, expenses of $256K, and assets of $77K (revenue -25.1% year-over-year).
- 2013: Revenue of $322K, expenses of $324K, and assets of $54K (revenue +2.1% year-over-year).
- 2012: Revenue of $316K, expenses of $323K, and assets of $49K (revenue +4.1% year-over-year).
- 2011: Revenue of $304K, expenses of $398K, and assets of $63K (revenue -21.8% year-over-year).
- 2010: Revenue of $388K, expenses of $395K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Providence Neighborhood Ministries:
Data Sources and Methodology
This transparency report for South Providence Neighborhood Ministries 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.