Rhode Island Statewide Independent Living Council

Nonprofit profile at a glance

EIN
522091668
IRS 990-EZ coverage
2012–2015
Forms available
Form 990-EZ 2015
Location
Cranston, RI, USA
Phone
4012461012
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Official website

Reported finances

Revenue
$69,700
Expenses
$83,094
Assets
$6,404
Liabilities
$12,627

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • RICHARD COSTA (ADMINISTRATOR)
  • LISEL ROCKWOOD (BOOKKEEPER)
  • MARGARET MOLLOY (CHAIR)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote a philosophy of independent living

What it reported doing in 2015

The council develops and monitors the state plan for independent living

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 100
  • Sustainability: 14
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.1%; rating input score 51
  • Program expense ratio: 42.8%; rating input score 43

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: -19.2%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 1.97; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 47.6%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -0.9% per year; rating input score 0; 48th percentile among comparable filings
  • Revenue growth: -2.1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 7.3% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 51.1% of revenue deployed · 42.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $36K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2012 to 2015
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 43/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.