Watch Hill Business Organization
Nonprofit profile at a glance
- EIN
- 452172157
- IRS 990-EZ coverage
- 2011–2017
- Forms available
- Form 990-EZ 2017
- Location
- Westerly, RI, USA
- Phone
- 4019321513
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $18,208
- Expenses
- $16,502
- Assets
- $3,433
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JOANN NICHOLAS (PRESIDENT)
People named in this filing
- JOANN NICHOLAS (PRESIDENT)
- DAVE TURANO (VICE PRESIDE)
- SCOTT ALDRICH (BOARD MEMBER)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote business prosperity, the economic environment and business related goodwill in the community of watch hill, Rhode Island.
What it reported doing in 2017
The organization cleans and maintains the public rest rooms in the village of watch hill in order to serve the large number of visitors while lessening the burden on the individual businesses to provide individual accomodations.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.8%; rating input score 77
- Program expense ratio: 84.7%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.4%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 16; 16th 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: -7.3% per year; rating input score 0; 33rd percentile among comparable filings
- Revenue growth: -6.4% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: 10.1% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 76.8% of revenue deployed · 84.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $14K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2011 to 2017
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.