Children's Friend and Service

Nonprofit profile at a glance

EIN
050258819
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Providence, RI, USA
Phone
4012764300
Rating
87
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$35,739,082
Expenses
$35,723,226
Assets
$34,530,785
Liabilities
$6,928,903

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

Leadership & pay

28 people listed

Executive titles in this filing

  • KIMBERLY I MCCARTHY ESQ (VICE PRESIDENT (AS OF 6/25))
  • DAVID CAPRIO (PRESIDENT & CEO)

Highest reported compensation

  • DAVID CAPRIO (PRESIDENT & CEO): $233,372 total reported compensation
  • DANA MULLEN (CHIEF OF PROGRAMS): $179,151 total reported compensation
  • PAMELA VERKLAN (CHIEF OF PHILANTHROPY): $173,657 total reported compensation

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

Overview

Mission

The mission of children's friend and service (the organization) is to be the innovative leader in improving the well-being and healthy development of Rhode Island's most vulnerable young children. They accomplish this by providing flexible and effective culturally relevant services and advocating for programs and policies that support and strengthen children and their families. The organization accomplishes its mission through a variety of programs and services.

What it reported doing in 2025

Family support initiativeduring 2025, there were 324 families who received home visiting services from the early head start program. The family support programs target at-risk families with children between the ages of birth to 3 years living in providence, pawtucket and central falls, Rhode Island. Home based social, emotional, and child development services, crisis intervention, case management, health and nutrition education, prenatal education, counseling and parenting education are provided to the families in their primary language. In addition to weekly home visits, families participate in center-based activities and support groups offered to both mothers and fathers.head start is a comprehensive child and family development program that promotes school readiness in low-income preschool children. Services include education, health, nutrition, social services and other child and family supports. Parents are involved in their children's learning and the program helps families in meeting their educational, literacy and employment goals.the head start program ensures that all children are up-to-date with immunizations and that their health needs are being met. Children receive nutritious meals and snacks while participating in the program. Families are linked with resources and provided support in meeting their goals.the agency provides services under the head start program in providence and the blackstone valley area. A total of 1,167 children and their families received services through the program during 2025.the early head start childcare partnerships support working families by providing a full-day, full-year program so that low-income children have the healthy and enriching early experiences they need to realize their full potential. During 2025, 114 children and their families received services.child care centerthe agency operates child care centers in central falls, pawtucket, and providence. There were 180 children enrolled in the centers in 2025 and an additional 67 through the summer learning and enrichment program. The pre-kindergarten program provides high-quality pre-kindergarten classes to eligible children. Ride oversees the program. 354 children participated in 2025professional developmentthe professional development program provides quality training programs open to the community, early care educators, and staff of the agency and our agency partners. Approximately 400 employees and members of the external community and the agency partners participated in the trainings during 2025.foster care/permanency services the adoption/foster care program provides a full continuum of adoption, counseling, case-management, support and educational services for birth parents, children, adoptive parents and adult adoptees. The program also provides foster care placements for at-risk infants and children ages birth to 10 years who are in need of temporary out of home care, through a contract with the state department of children, youth and families. The program also recruits, trains and assists in the licensing of foster parents.in 2025, 0 adoption home studies were completed for 0 prospective adoptive family. Foster care services were provided to 19 children, 0 new foster families were trained, 1 family was licensed and 13 previously licensed families remained active, for a total of 14 licensed families.in addition, the program responded to inquiries for information and referrals regarding adoption and foster care related issues.fostering families provides support services for kinship and foster families. All referrals for services are made through the department of children, youth, and families (dcyf). The goal is to address the needs of foster and kinship families with foster children who are at risk of experiencing removal during the duration of their time while open to dcyf. Services are provided in home, and include but are not limited to: linkage to community resources, court advocacy and case conferencing, intensive

Operating model

Revenue model
Grant-funded. 71% of the money available for current operations came from government grants.
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

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

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95%; rating input score 95
  • Program expense ratio: 95.2%; rating input score 95
  • Fundraising efficiency: $24.75 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 21st percentile among comparable filings

Details

  • Where the money goes: 95% of revenue deployed · 95.2% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $34M in reported program spending
  • Leadership: top reported pay $233K · 28 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.3M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.