Tides Family Services Inc
Tides Family Services: Strong Program Spending, but Transparency Gaps Exist
EIN: 222478229 · West Warwick, RI · NTEE: P400 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $13.9M |
| Total Expenses | $9.9M |
| Program Spending | 89% |
| CEO/Top Officer Pay | $250,000, |
| Net Assets | $10.2M |
| Transparency Score | 85/100 |
Is Tides Family Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tides Family Services Inc directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tides Family Services Inc
Tides Family Services Inc (EIN: 222478229) is a nonprofit organization based in West Warwick, RI, classified under NTEE code P400. The organization reported total revenue of $13.9M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tides Family Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tides Family Services Inc is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.4M |
| Total Expenses | $9.9M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $10.8M |
| Total Liabilities | $664K |
| Net Assets | $10.2M |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, Tides Family Services Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tides Family Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +22.3% | +18.0% |
| 2022 | +19.5% | -0.2% | -4.5% |
| 2021 | -5.8% | -2.9% | +1.4% |
| 2020 | +4.9% | +7.3% | +21.4% |
| 2019 | -7.5% | -2.9% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Tides Family Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 6%
- programs: 89%
- fundraising: 5%
According to IRS 990 filings, Tides Family Services Inc allocates its expenses as follows: admin: 6%, programs: 89%, fundraising: 5%. With 89% 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.1%.
Executive Compensation Analysis
In 2023, the CEO's compensation was $250,000, which appears reasonable given the organization's revenue of $11,383,248 and asset base of $10,847,683.
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 Tides Family Services Inc's IRS 990 filings:
- The organization's liabilities have shown an increasing trend in recent years, from $663,637 in 2023 to $2,084,709 in 2020, warranting further investigation into the nature of these liabilities.
Strengths
The following positive indicators were identified for Tides Family Services Inc:
- Consistently high program spending, with 89% of expenses dedicated to programs in 2023, demonstrating a strong commitment to its mission.
- Healthy revenue growth from $7,580,368 in 2016 to $11,383,248 in 2023, indicating strong fundraising and operational success.
- Positive net assets, consistently maintaining a healthy financial position over the past several years.
Frequently Asked Questions about Tides Family Services Inc
Is Tides Family Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tides Family Services Inc (EIN: 222478229) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Tides Family Services Inc spend its money?
Tides Family Services Inc directs 89% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tides Family Services Inc tax-deductible?
Tides Family Services Inc is registered as a tax-exempt nonprofit (EIN: 222478229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tides Family Services Inc CEO make?
Tides Family Services Inc's highest-compensated officer earns $250,000, annually. The organization reported $13.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tides Family Services Inc's spending goes to programs?
Tides Family Services Inc directs 89% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tides Family Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tides Family Services Inc is above average for NTEE category P400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tides Family Services Inc located?
Tides Family Services Inc is headquartered in West Warwick, Rhode Island and files with the IRS under EIN 222478229. It is classified under NTEE code P400.
How many years of IRS 990 filings does Tides Family Services Inc have?
Tides Family Services Inc 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 $13.9M in total revenue.
What does Tides Family Services Inc do?
Tides Family Services Inc is a nonprofit organization in the Human Services sector, located in West Warwick, Rhode Island. It is classified under NTEE code P400.
How much revenue does Tides Family Services Inc have?
Tides Family Services Inc reported total revenue of $13,913,194. Based on 13 IRS 990 filings on record.
What are Tides Family Services Inc's total assets?
Tides Family Services Inc holds total assets of $13,326,569 as reported in IRS 990 filings.
Where is Tides Family Services Inc located?
Tides Family Services Inc is based in West Warwick, Rhode Island.
What is Tides Family Services Inc's EIN?
Tides Family Services Inc's Employer Identification Number (EIN) is 222478229. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tides Family Services Inc?
Tides Family Services Inc is classified under NTEE code P400 (Human Services).
Is Tides Family Services Inc a registered 501(c)(3)?
Yes, Tides Family Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222478229.
Does Tides Family Services Inc file IRS Form 990?
Yes, Tides Family Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Tides Family Services Inc's revenue in 2023?
In the 202306 filing period, Tides Family Services Inc reported total revenue of $11,383,248, total expenses of $9,914,756, and net assets of $10,847,683.
Is Tides Family Services Inc's revenue growing or declining?
Tides Family Services Inc's revenue is growing. Revenue went from $9,737,387 (202206) to $11,383,248 (202306), a +16.9% change. Based on 13 filings on record.
What is Tides Family Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tides Family Services Inc covers tax period 202306. It shows revenue of $11,383,248, expenses of $9,914,756, total assets of $10,847,683, and liabilities of $663,637.
How much does Tides Family Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Tides Family Services Inc allocates approximately 89% of expenses to program services, 6% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Tides Family Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tides Family Services Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Tides Family Services Inc?
The following concerns were identified: The organization's liabilities have shown an increasing trend in recent years, from $663,637 in 2023 to $2,084,709 in 2020, warranting further investigation into the nature of these liabilities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tides Family Services Inc's strengths?
Positive indicators for Tides Family Services Inc include: Consistently high program spending, with 89% of expenses dedicated to programs in 2023, demonstrating a strong commitment to its mission.. Healthy revenue growth from $7,580,368 in 2016 to $11,383,248 in 2023, indicating strong fundraising and operational success.. Positive net assets, consistently maintaining a healthy financial position over the past several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Tides Family Services Inc compensate executives?
In 2023, the CEO's compensation was $250,000, which appears reasonable given the organization's revenue of $11,383,248 and asset base of $10,847,683. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant increase in liabilities from $663,637 in 2023 to $2,084,709 in 2020, and how are these being managed?
The increase in liabilities between 2020 and 2023 could be due to various factors such as new program initiatives requiring upfront investment, capital expenditures, or changes in accounting for specific grants or deferred revenue. Further analysis of the footnotes in the Form 990s would be necessary to pinpoint the exact causes and management strategies.
Filing History
IRS 990 filing history for Tides Family Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tides Family Services Inc's revenue has grown by 40.8%, moving from $8.1M to $11.4M. Total assets increased by 143% over the same period, from $4.5M to $10.8M. Total functional expenses rose by 17.9%, from $8.4M to $9.9M. In its most recent filing year (2023), Tides Family Services Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $664K in liabilities against $10.8M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.4M | $9.9M | $10.8M | $664K | — | — |
| 2022 | $9.7M | $8.1M | $9.2M | $511K | — | View 990 |
| 2021 | $8.2M | $8.1M | $9.6M | $1.9M | — | — |
| 2020 | $8.6M | $8.4M | $9.5M | $2.1M | — | — |
| 2019 | $8.2M | $7.8M | $7.8M | $675K | — | View 990 |
| 2018 | $8.9M | $8.0M | $7.7M | $1.1M | — | View 990 |
| 2017 | $11.7M | $7.3M | $7.6M | $785K | — | View 990 |
| 2016 | $7.6M | $6.8M | $4.5M | $896K | — | View 990 |
| 2015 | $6.6M | $6.7M | $4.0M | $1.2M | — | View 990 |
| 2014 | $7.3M | $7.4M | $3.8M | $892K | — | View 990 |
| 2013 | $7.8M | $7.9M | $4.0M | $1.1M | — | View 990 |
| 2012 | $8.2M | $8.8M | $4.1M | $1.1M | — | View 990 |
| 2011 | $8.1M | $8.4M | $4.5M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.4M, expenses of $9.9M, and assets of $10.8M (revenue +16.9% year-over-year).
- 2022: Revenue of $9.7M, expenses of $8.1M, and assets of $9.2M (revenue +19.5% year-over-year).
- 2021: Revenue of $8.2M, expenses of $8.1M, and assets of $9.6M (revenue -5.8% year-over-year).
- 2020: Revenue of $8.6M, expenses of $8.4M, and assets of $9.5M (revenue +4.9% year-over-year).
- 2019: Revenue of $8.2M, expenses of $7.8M, and assets of $7.8M (revenue -7.5% year-over-year).
- 2018: Revenue of $8.9M, expenses of $8.0M, and assets of $7.7M (revenue -23.9% year-over-year).
- 2017: Revenue of $11.7M, expenses of $7.3M, and assets of $7.6M (revenue +54.5% year-over-year).
- 2016: Revenue of $7.6M, expenses of $6.8M, and assets of $4.5M (revenue +14.9% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.7M, and assets of $4.0M (revenue -10.2% year-over-year).
- 2014: Revenue of $7.3M, expenses of $7.4M, and assets of $3.8M (revenue -6.2% year-over-year).
- 2013: Revenue of $7.8M, expenses of $7.9M, and assets of $4.0M (revenue -5.1% year-over-year).
- 2012: Revenue of $8.2M, expenses of $8.8M, and assets of $4.1M (revenue +2.0% year-over-year).
- 2011: Revenue of $8.1M, expenses of $8.4M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tides Family Services Inc:
Data Sources and Methodology
This transparency report for Tides Family Services 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.