Parent Support Network of Rhode Island
Nonprofit profile at a glance
- EIN
- 050473340
- IRS 990 coverage
- 2009–2022
- Forms available
- Form 990 2022
- Location
- Warwick, RI, USA
- Phone
- 4014676855
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $4,382,141
- Expenses
- $4,228,116
- Assets
- $851,938
- Liabilities
- $246,633
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BRANDY BATES (PRESIDENT)
- LISA CONLAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- LISA CONLAN (EXECUTIVE DIRECTOR): $95,061 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The parent support network of ri is a group of parents, family members, transition age youth, and adults with behavioral health lived experience who are committed to supporting and assisting peers and working with statewide and national partners to empower children, youth, families and individuals through dynamic supports, education, and advocacy to prevent abuse and neglect, reduce disparities, and progress towards universal health, wellness, and recovery.
What it reported doing in 2022
Parent support network (psn) started in 1986, as a group of parents with children experiencing mental health challenges to provide community support and peer-based services for families with children involved in special education, child welfare, and juvenile justice. In 2015, psn expanded to work to represent adults who have experienced mental health and substance use challenges working towards or in recovery.to meet the needs of those we serve along with creating recovery-friendly employment opportunities, we are delivering dual certification training for peer recovery specialists and community health workers and we are operating recovery community centers in newport county and Washington county. We honor diversity and we are committed to reducing disparities and promoting culturally linguistically appropriate services and health equity.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 86
- Accountability: 84
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.2%; rating input score 93
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: Limited
- 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.5%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 21.4% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 16.9% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 93.2% of revenue deployed · 96.6% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $4.1M in reported program spending
- Leadership: top reported pay $95K · 6 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2009 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.