PARI Independent Living Center Inc
Nonprofit profile at a glance
- EIN
- 510193615
- IRS 990 coverage
- 2009–2015
- Forms available
- Form 990 2015
- Location
- Pawtucket, RI, USA
- Phone
- 4017285157
- Rating confidence
- Limited
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $0
- Expenses
- $8,246
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- SUSAN OLSON (President)
- KENNETH PARISEAU (Vice President)
- ERNEST J LETENDRE JR (Immediate Past President)
People named in this filing
- SUSAN OLSON (President)
- KENNETH PARISEAU (Vice President)
- JOSEPH FERREIRA (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote independence for
What it reported doing in 2015
During fiscal year 2016, pari was winding down its operations and liquidating and transferring its assets to other non profit organaizations.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 100
- Accountability: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 14.3%; rating input score 14
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: -135.2% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -23.3% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -48% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 14.3% of spending went to programs
- Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2009 to 2015
- 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.
- High — Financial Efficiency: Program expense ratio scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.