The Pawtucket Foundation
EIN: 50511879 · Pawtucket, RI · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $535K |
| Net Assets | $283K |
Is The Pawtucket Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Pawtucket Foundation
The Pawtucket Foundation (EIN: 50511879) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code S31. The organization reported total revenue of $192K and total assets of $302K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Pawtucket Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Pawtucket Foundation is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $518K |
| Total Expenses | $535K |
| Surplus / Deficit | $-17,280 |
| Total Assets | $291K |
| Total Liabilities | $8K |
| Net Assets | $283K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, The Pawtucket Foundation reported a deficit of $17K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Pawtucket Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | +18.5% | -23.5% |
| 2022 | -27.6% | +18.7% | -11.6% |
| 2021 | +301.4% | +63.6% | +76.3% |
| 2020 | -45.8% | -16.5% | -14.5% |
| 2019 | -9.0% | +4.8% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Pawtucket Foundation 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 The Pawtucket Foundation 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 deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about The Pawtucket Foundation
Is The Pawtucket Foundation a legitimate charity?
The Pawtucket Foundation (EIN: 50511879) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. Financial health grade: B.
How does The Pawtucket Foundation spend its money?
The Pawtucket Foundation reported $192K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Pawtucket Foundation tax-deductible?
The Pawtucket Foundation is registered as a tax-exempt nonprofit (EIN: 50511879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Pawtucket Foundation located?
The Pawtucket Foundation is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 50511879. It is classified under NTEE code S31.
How many years of IRS 990 filings does The Pawtucket Foundation have?
The Pawtucket Foundation 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 $192K in total revenue.
Filing History
IRS 990 filing history for The Pawtucket Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Pawtucket Foundation's revenue has grown by 140.1%, moving from $216K to $518K. Total assets increased by 182.1% over the same period, from $103K to $291K. Total functional expenses rose by 173%, from $196K to $535K. In its most recent filing year (2023), The Pawtucket Foundation reported a deficit of $17K, with expenses exceeding revenue. The organization holds $8K in liabilities against $291K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $283K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $518K | $535K | $291K | $8K | — | — |
| 2022 | $435K | $452K | $381K | $11K | — | View 990 |
| 2021 | $601K | $380K | $431K | $12K | — | View 990 |
| 2020 | $150K | $233K | $244K | $46K | — | View 990 |
| 2019 | $276K | $279K | $286K | $8K | — | View 990 |
| 2018 | $304K | $266K | $252K | $8K | — | View 990 |
| 2017 | $266K | $268K | $190K | $9K | — | View 990 |
| 2016 | $224K | $213K | $178K | $761 | — | View 990 |
| 2015 | $229K | $254K | $171K | $4K | — | View 990 |
| 2014 | $253K | $241K | $201K | $3K | — | View 990 |
| 2013 | $251K | $252K | $198K | $15K | — | View 990 |
| 2012 | $282K | $233K | $198K | $15K | — | View 990 |
| 2011 | $216K | $196K | $103K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $518K, expenses of $535K, and assets of $291K (revenue +19.0% year-over-year).
- 2022: Revenue of $435K, expenses of $452K, and assets of $381K (revenue -27.6% year-over-year).
- 2021: Revenue of $601K, expenses of $380K, and assets of $431K (revenue +301.4% year-over-year).
- 2020: Revenue of $150K, expenses of $233K, and assets of $244K (revenue -45.8% year-over-year).
- 2019: Revenue of $276K, expenses of $279K, and assets of $286K (revenue -9.0% year-over-year).
- 2018: Revenue of $304K, expenses of $266K, and assets of $252K (revenue +13.9% year-over-year).
- 2017: Revenue of $266K, expenses of $268K, and assets of $190K (revenue +19.0% year-over-year).
- 2016: Revenue of $224K, expenses of $213K, and assets of $178K (revenue -2.2% year-over-year).
- 2015: Revenue of $229K, expenses of $254K, and assets of $171K (revenue -9.6% year-over-year).
- 2014: Revenue of $253K, expenses of $241K, and assets of $201K (revenue +0.9% year-over-year).
- 2013: Revenue of $251K, expenses of $252K, and assets of $198K (revenue -11.1% year-over-year).
- 2012: Revenue of $282K, expenses of $233K, and assets of $198K (revenue +31.0% year-over-year).
- 2011: Revenue of $216K, expenses of $196K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Pawtucket Foundation:
Data Sources and Methodology
This transparency report for The Pawtucket Foundation 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.