Rhode Island Infantile Paralysis Foundation
- Assets
- $442.9k
- Revenue
- $60.5k
- Investments
- $403.4k
- Employees
- 0
- Location
- Saunderstown, RI
- Founding
- 02/1952
- Data as of
- 12/2023
- EIN
- 05-0298523
Organization Overview
Rhode Island Infantile Paralysis Foundation is located in Saunderstown, RI. The organization was established in 1952. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Infantile Paralysis Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Rhode Island Infantile Paralysis Foundation generated $60.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $178.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Sheehan President | 0 | $0 | |
Richard P Kelaghan ESQ Vice President | 0 | $0 | |
John Marinatto Treasurer | 0 | $0 | |
Mark S Mcgovern Secretary | 10 | $20,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,612 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,490 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,566 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,650 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $319 |
| Taxes | $1,522 |
| Depreciation | $187 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,560 |
| Total operating and administrative expenses | $49,438 |
| Contributions, gifts, grants paid | $128,698 |
| Total expenses and disbursements | $178,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,031 |
| Savings and temporary cash investments | $14,852 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $389,436 |
| Net Land, buildings, and equipment | $608 |
| Other assets | $0 |
| Total assets | $442,867 |
| Accounts payable and accrued expenses | $1,191 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,191 |