Blackstone Parks Conservancy

Nonprofit profile at a glance

EIN
050510943
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025
Location
Providence, RI, USA
Phone
4018613313
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Land Resources Conservation

Reported finances

Revenue
$72,763
Expenses
$66,222
Assets
$97,698
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Carrie Drake (President)
  • Jane A Peterson (President Emerita)

People named in this filing

  • Carrie Drake (President)
  • Jane A Peterson (President Emerita)
  • Deming Sherman (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and maintain public open spaces in the areas in proximity to the seeking river, specifically including Blackstone Park and the open space which divides Blackstone Boulevard; and to carry on any other activity that may be lawfully carried on by a corporation formed under the Rhode Island Nonprofit Corporation act as may be in effect from time to time.

What it reported doing in 2025

Blackstone Boulevard. A tree monitor was contracted to assess watering and care issues: they flagged trees for special attention, including re-establishing tree pits with high-quality mulch that suppresses weeds and holds moisture. Contractors watered young trees throughout the summer and fall. In a remediation effort near the Butler campus, work included aeration by a contractor, building protective mulch rings around trees, spreading loam for new grass seed, and raking the walking path back into shape.

Operating model

Revenue model
Membership-supported. 79% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.3%; rating input score 60
  • Program expense ratio: 65.1%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 1.48; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 14.6% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 60.3% of revenue deployed · 65.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $43K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 59/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.