Narragansett Schools Pto Inc

Nonprofit profile at a glance

EIN
222667265
IRS 990-EZ coverage
2009–2019
Forms available
Form 990-EZ 2019
Location
Narragansett, RI, USA
Phone
4017929420
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$23,494
Expenses
$32,675
Assets
$80,544

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SHERRI McNEICE (CO-PRESIDENT)
  • BETH PINHEIRO (CO-PRESIDENT)
  • DENISE CORSON (CO-PRESIDENT)
  • MARIA ROCCHIO (CO-PRESIDENT)
  • PIA RICCITELLI (CO-PRESIDENT)
  • JENNIFER SULLIVAN (VICE-PRESIDENT)

People named in this filing

  • SHERRI McNEICE (CO-PRESIDENT)
  • BETH PINHEIRO (CO-PRESIDENT)
  • DENISE CORSON (CO-PRESIDENT)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the narragansett schools pto is to promote and facilitate parent-faculty communication, advocate for the narragansett student body, encourage parent involvement and raise funds to enrich the educational experience of all the narragansett schools (elementary, middle and high schools). The pto strives as a community to develop self-confident and self-reliant children who celebrate the diversity of the workl around them.

What it reported doing in 2019

In addition to purchasing school supplies costing $13,132 for narragansett teachers, narragansett schools pto continued to maintain water bottle filler stations for the elementary school. The pto continued with another payment of $5573 toward thy installation of a developmentally and age appropriate inclusive playground for the pier school.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.6%; rating input score 93

Transparency & Controls

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

Sustainability

  • Operating margin: -39.1%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 2.47; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -0.6% per year; rating input score 0; 54th percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $30K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2009 to 2019
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.